Frost & Sullivan identifies trends essential for CEOs and business leaders to create a strategic vision to prosper and thrive
LONDON, Feb. 16, 2016 /PRNewswire/ -- In 2016 the world becomes more 'uberized', augmented reality goes mainstream, cognitive technology is on the rise and the focus is on women in leadership. These dramatic changes are happening here and now. How are they going to affect us? What will the impact be? Frost & Sullivan's trends for 2016 reveal the profound transformations happening today and identify new growth opportunities for companies with actions and steps to take to prosper and thrive.
Frost & Sullivan's new Top 16 Predictions for 2016 provides a detailed trend analysis on each prediction in the market that is expected to drive innovation and investment in 2016.
For complimentary access to more information on this subject, please visit http://frost.ly/1w.
"Each year our team of futurists put together a list of trends," says Frost & Sullivan Senior Partner Sarwant Singh. "These predictions are essential for all CEOs and business leaders as they will help them form a clear and effective vision, with actionable intelligence they need to succeed."
One of the most interesting trends identified by Frost & Sullivan's analysts is money. "We have labelled this trend 'fintech revolution' a transformation that is taking place within the finance industry," explains Frost & Sullivan Team leader Archana Vidyasekar. "This disruption is initiated by the demand for more flexible banking as well as payment services. Bitcoin introduces new exchange systems and pricing mechanisms."
Women will also continue to be in the limelight in 2016. Today, one in five executives is a woman. This will increase in the future. Similarly, millennials are being recognised as a powerful driving force for change in the way business is conducted. We are also witnessing the decline in the number of middle skilled jobs in the US that are expected to deteriorate further as well as a continued shift towards the sharing economy and "uberization".
"These profound social evolutions will give markets a specific and clear direction which we should all consider and apply to our businesses," adds Senior Partner Sarwant Singh.
While we will see an increased number of women in power and more will be shared, with augmented reality applications for e-learning will gain prominence. In the future, these applications could completely change the way people learn and empower themselves.
About Frost & Sullivan
Frost & Sullivan, the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today's market participants.
Our "Growth Partnership" supports clients by addressing these opportunities and incorporating two key elements driving visionary innovation: The Integrated Value Proposition and The Partnership Infrastructure.
- The Integrated Value Proposition provides support to our clients throughout all phases of their journey to visionary innovation including: research, analysis, strategy, vision, innovation and implementation.
- The Partnership Infrastructure is entirely unique as it constructs the foundation upon which visionary innovation becomes possible. This includes our 360 degree research, comprehensive industry coverage, career best practices as well as our global footprint of more than 40 offices.
For more than 50 years, we have been developing growth strategies for the global 1000, emerging businesses, the public sector and the investment community. Is your organization prepared for the next profound wave of industry convergence, disruptive technologies, increasing competitive intensity, Mega Trends, breakthrough best practices, changing customer dynamics and emerging economies?
Corporate Communications – Europe
P: +44 (0) 20 7343 8314
M: +44 (0) 753 3017689
SOURCE Frost & Sullivan