Predictions for a post-COVID world: US economy through 2025

Jeffrey Phillips

Today, I want to focus on the US economy through 2025, and what could happen. The US economy 2020 - 2025 As we stand now, in the middle of 2020, and in the (hopefully) middle of the COVID outbreak, the economic news is grim. If you've been following these posts, you'll know by now that I am extracting insights and predictions from a post-COVID scenario I drafted.

Study shows a desire for startups and corporates to work more together by 2025

Idea to Value

The report estimates that corporates and startups will form the ultimate partnership, working side by side in the same physical space by 2025, seeking greater proximity for innovation as they evolve to meet changing consumer needs. According to a recent study by the Unilever Foundation , there is a strong desire for corporations to improve their innovation capability by working more closely with startups.

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8 Strategic Thinking Experiment Starters for Anticipating the Class of 2025


Matt Britton, a millennial generation expert , spoke about the anticipating the Class of 2025 as the keynote speaker on the closing day of the October 2017 Social Media Strategies Summit in New York. His keynote got us thinking about how today’s ten-year-olds (the Class of 2025) will change the landscape for brands, following in the wake of the impact millennials have created. For the class of 2025, it goes further: they were born with phones in their faces.

Industrial IoT Market to Drift North of $900B by 2025

BPI Thought Leadership Media Coverage

A recent survey from the Business Performance Innovation (BPI) Network, CMO Council, Penton's IoT Institute and The Nerdery, revealed that although 55 percent of business executives believe the IIoT is gaining traction, very few have IIoT projects that are well underway

Lumina Foundation Announces LIFTed Prize 2017


This Prize is part of Lumina’s Goal 2025 – increasing the proportion of Americans with high-quality degrees, certificates, and other credentials to 60% by year 2025. Lumina Foundation recently launched their LIFTed Prize 2017 – Innovation in Postsecondary Learning. They are seeking organizations with an innovation that has a positive impact on postsecondary attainment in the U.S.

What Corporates Are Investing In Self-Driving Cars


Ford, GM, Nissan, and Aston Martin, in particular, have plans to create all-electric vehicle fleets as rampant innovation drives down the cost of electric to be on par with gasoline-fueled alternatives by 2025, according to RocketSpace's research team. Washington will have plenty of company. A recent study from consulting group AT Kearney says the worldwide market for autonomous vehicles will grow to $560 billion in 20 years. Many of them will be electric.

Welcome to the Future of Drones: An Insider's Look


By 2025, the drone market will create an $82 billion economic impact and account for 100,000 jobs in the U.S. For corporate innovation teams in mobility, transportation, IoT (and more), drone tech is a major area of opportunity. The FAA predicts that as early as 2017, 2.5 million drones will be used in the United States alone, and drone sales will exceed $5 billion. Insider Corporate Innovation Trends Drones

What You Must Consider to Remain Relevant

Innovation Excellence

If you were told that students graduating in 2016 will have obsolete qualifications for which there will no longer be a profession by 2025, Innovation career advancement Career Development Career Management career planning disruption individualsFor some time now I have believed 70% of my knowledge is obsolete. People look at me strangely when I say this. How can all those years of experience be wasted?

Should Innovation Audits Be Mandatory? | Collective Campus

Collective Campus

This is expected to fall further to 10 years by the year 2025 The average company lifespan continues to drop. In the mid 20th century the average company lifespan was more than 60 years and this stands at just 15 years today.

Using Design Thinking to make your employees ready for the Internet-of-Things


trillion in 2025 (McKinsey 2015). Recent advances in technology put Internet-of-things (IoT)-innovation on top of the management agenda across industries. It is predicted to increase economic value by $11.1 The Service Science Factory and Noventum collaborated on this article to present a state-of-the art view on the Internet of Things and how to implement this vision within organizations.

Employee Engagement in 2020 – Meeting the Needs of Millennials


By 2025, 75 percent of the global workforce will belong to this group. By the end of next year, Millennials (those born between about 1980 and 2000) are expected to comprise half of the American workforce.

The Reasons Employee Engagement Software Usually Fails


The global employee engagement software market is expected to reach approximately $346 million by 2025. With as many as 70% of employees reporting that they are not fully engaged at work , employee engagement (or lack thereof) is a significant problem for employers in the US. So, it’s no wonder that many software companies offer solutions purported to improve it. The market for employee engagement software is growing, according to Zion Market Research’s recent report (paywall).

Market Demand, Not Just Technology, Create New Career Paths In The Next Economy


I bought most of them in the resell market, which is projected to become a $6 billion business globally by 2025, according to a recent analysis from Cowen & Co. I own a small collection of Air Jordan’s. So, providing authentic sneakers to people like me is a big business! The sneaker resell market has always existed, but demand for sneakers has been driven by a combination of factors: the blending of pop culture with sports; turning sneakers into lifestyle items; social media.

10 Industries The Internet of Things Will Change Forever


trillion a year in economic value by 2025. Verizon forecasts services will account for a greater share of manufacturing revenues than product sales by 2025, and the changed operating environment will result in new operating models. The GSM Association predicts every US vehicle will be connected to the internet before 2025, and changes on this same front will greatly improve fuel efficiency.

The future of Digital Banking: it’s time to disrupt!

The BMI Lab Blog

Gallen, Thorsten Hens, from the University of Zurich, Larry Leifer, from Stanford University, Thomas Puschmann, from the University of Zurich and Leon Zhao, from the City University of Hong Kong published a study called “Digital Banking 2025” to understand Fintech innovation. The Digital Banking 2025 study is available as a free download on our webpage. DOWNLOAD THE DIGITAL BANKING 2025 STUDY Banking is ripe for disruption.

Sharing is caring?

Norbert Bol

Already 20-30% of the workforce is active in the sharing economy with over $20 billion of spending, which is forecasted to grow to $335 billion by 2025. Do companies in the sharing economy care more about sustainability than companies in the traditional economy?

The AI Revolution: Stats, Trends and Developments in 2019


AI will affect all areas of our lives, given that it’s a hot topic of conversation, and one every organization should be discussing, the below stats will give you a better understanding of AI’s current state and its future scope : By 2025, the global AI market is expected to be almost $60 billion; in 2016 it was $1.4 The Next Economy will be driven by 10 key emerging technologies , underpinned by artificial intelligence.

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#1,945 – Week In Review: Space Edition

Greatest. Idea. Ever.

The MMX spacecraft is expected to launch in Japan’s fiscal 2024 and reach Mars by fiscal 2025. A quick look at everything that tickled my fancy this past week: New Solar Cycle. The sun has entered into a new solar cycle. The 25th time this has happened!

What’s New in Corporate Innovation – Dec 18, 2017


Despite the potential for IoT to generate between $4T and $11T of economic value by 2025, it would seem that the IoT uptake has been stubbornly slow, with most of industries stuck at the proof of concept stage. What’s New in Corporate Innovation – Dec 18, 2017. By Jaimie O’Byrne. Hello folks, and welcome to our first edition of “What’s New in Corporate Innovation.”

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Applications and innovations in the Internet of Things (IoT)

Hacker Earth Developers Blog

IHS Technology predicts that there will be over 30 billion IoT devices in use by 2020 and over 75 billion by 2025. A report by Zion Market Research states that the global smart agriculture market is expected to reach US$ 15,344 million by 2025. trillion per year by 2025. The Internet of Things (IoT) is a system of interrelated devices that have unique identifiers and can autonomously transfer data over a network.

What to expect in a post-COVID world

Jeffrey Phillips

Trends and Scenarios To develop a view of the future - in this case looking as far as 2025, I've used a fairly standard trend spotting and scenario planning approach. I've been working for the past two months on developing some scenarios that examine what may happen as the first bout of COVID peaks and begins to dissipate, hopefully in the summer of 2020.

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8 Emerging Business Intelligence Trends To Look For In 2020 And Beyond


billion by 2025. Gartner predicts that 50% of data scientist activities will be automated by AI by 2025, which will absorb the pressure created by short supply of talent. Over the last decade, the business intelligence world has transformed in several ways. Data exploded and was recognized as the new oil. Organizations understood the value of data and shifted from simple spreadsheets to interactive BI dashboards and visualizations.

The Packaging Industry is Massive, and It’s About to Be Disrupted


The largest corporations see the writing on the wall: McDonald’s recently set a goal of having 100% of its customer packaging come from renewable, recycled, or certified sources by 2025. Technology isn’t just for creating new products and services. Disruptive technologies are transforming the packaging that comes with just about everything we buy. Imagine a day when you receive an alert from your refrigerator as you walk past 7-11 because the carton of milk at your home just expired.

Productivity Is For The Robots (For Now)


McKinsey Global Institute predicts that robots could increase global productivity 50% by 2025, adding $2 trillion to the economy ; other studies point to similar outcomes. It’s inevitable, the robots are coming for our jobs. Right now we’re in phase one of the robot revolution : routine task automation. The promise of artificial intelligence will take place when we can flawlessly integrate it into our messy unpredictable world; we’re not quite there yet.

How Big is Your Market and Where Will You Start?

Tim Kastelle

So we hear things like “our target market is everyone” or “analysts say that total value of our field in 2025 will be $25 billion!” Part 3 in The Lean Startup Series Facebook currently has 1.55 million monthly active users. million! To get to that size, they must have been building for a huge market right from the start, right? Well, no.

Innovation: How to Recruit and Retain Top Millennial Talent

Idea to Value

As mentioned earlier, Millennials are projected to make up around 75 percent of the global workforce by 2025. [4] As discussed in the new innovation book Robert’s Rules of Innovation II: The Art of Implementation , one of the biggest reasons why the actual implementation of innovation can become such a formidable if not insurmountable process is because of people-related issues. A key element to successfully implementing innovation is finding and keeping the right people.

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Technological Unemployment Is Changing the Future of Work

Daniel Burrus

The other elephant in the room that we prefer not to acknowledge is that 30 percent of the jobs that currently exist will be carried out by computers, robots or automation by 2025. There is no shortage of buzzwords around meeting rooms or office water coolers such as the Internet of Things, wearable tech or big data. The one phrase that most people choose to ignore is technological unemployment.

Changing the way we move around cities


Many cities are experiencing extreme gridlock, resulting in many city leaders thinking differently about the ways in which people move around, including initiatives like the TransMilenio in Bogotá, Colombia; an elevated bus concept in Hebei, China, and Finland’s ambition to make Helsinki car free by 2025. The future of transportation and mobility is as exciting and uncertain as it ever has been over the past 100 years.

Top 10 CPG Industry Trends For 2020


This has led to a substantial increase in sales of food and beverages with added nutritional benefits, like electrolytes, minerals, adaptogens, and prebiotics with an expected revenue of $275 billion by 2025 according to reports by Acosta. In the past decade, the way people shop and engage with CPG brands has undergone an unprecedented change in the market.

The Importance and Benefits of Ensuring Data Quality


zettabytes of data will be generated just by connected IoT devices by 2025. In 2017, The Economist reported that data is the oil of the digital era and has dethroned oil as the most valuable resource in the world. But unlike oil, extracting, maneuvering, filtering, refining and storing the continuous stream of data from various internal and external sources is a herculean task.

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Meta-Trends & Mindsets


These technology developments will enable approximately 4+ billion people to come online by 2025. I recently attended Lesley University’s Boston Speaker Series and was pleasantly surprised when Dr. Peter Diamandis , founder and executive chairman of the XPRIZE Foundation, was introduced. I want to share with you his thoughts on meta-trends he presented in “ Technology Converts Scarcity into Abundance.”.

Leaky Faucet Problem – Do you Turn off the Water, or Grab a Bucket?


Colgate has committed to “fully convert to recyclable tubes by 2025.” I recently attended the Responsible Business Summit Europe 2019. My reason for attending was two-fold: to learn and inform my colleagues at yet2 as part of our internal initiative to increase our company’s social impact and to discover new ways we can help our clients improve their social impact through their open innovation efforts.

8 Innovative Baby Boomer Knowledge Management and Retention Strategies

Idea to Value

Here’s another game-changing statistic for you: by 2025, millennials will make up around 75 percent of the global workforce, which will lead to massive workplace changes as millennials step up while baby boomers and gen Xers step back. [1]. The innovation book Robert’s Rules of Innovation: A 10-Step Program for Corporate Survival presents 10 Key Imperatives your business must take to achieve profitable business growth through innovation in today’s “innovate or die” business world.

5 Growth Strategies CPG companies should follow in 2019 and Beyond


Reports indicate that the global consumer packaged goods sector is slated to be a USD 14 trillion industry by the year 2025. The CPG or Consumer Packaged Goods industry is a massive one, globally. It also has a varied range of products in its purview, such as packaged foods to sanitary products to daily essentials. The sheer size of the industry indicates two characteristics –. i) The massive opportunity which can be tapped into in terms of market share.

yet2 Insights: The Future of IoT


By 2025 IDC expects that IoT devices will be producing 79.4 What does the future hold for IoT? The Internet of Things (IoT) has exploded into the tech world over the past decade. From smart thermostats and home assistants to cars that interact with your phone, this rapidly expanding collection of networked devices is giving unforeseeable insights into human behavior, as well as unexpected threats.

Microsoft Power BI: Pros and Cons


billion by 2025. Research and Markets suggests that the Global Business Intelligence and Analytics Software Market is poised to grow at a CAGR of around 7.1% to reach approximately $32.4

How is NLP Transforming Business Intelligence?


According to IDC, 80 percent of worldwide data will be unstructured by 2025. Introduction. Language is the primary tool that humans use for communication. It acts as a medium to convey feelings, and information. When it comes to us humans, using language comes naturally as we are adept at understanding the ‘context’ and ‘meaning’ behind the words. But the same rule doesn’t apply to computers. For computers, text and spoken word is just a character string and sound respectively.

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Connecting the Dots in the New White House Report on AI and Innovation

Innovation 360 Group

Research by McKinsey projects that “automation of knowledge work” is the second most disruptive technology at work today, worth $5 to 7 billion in impact from right now through 2025. In October, the National Science and Technology Council (NSTC), the Office of Science and Technology Policy (OSTP), and the U.S. president issued a joint report titled “ Preparing For The Future of Artificial Intelligence.”

Value creation in the digital age – monopolisation, networking or demise!


By 2025, these new ecosystems are expected to generate 30 percent of global revenues. Why German SMEs must act now and how digital platforms can help. Platforms are the central business model of the digital economy. Seven of the ten most valuable companies are now operating as interaction managers between supplier and consumer.

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Why the Finance Industry Cannot Ignore Fintech Any Longer

Daniel Burrus

Considering the speed with which technological change and digital disruption engulfed traditional industries, it seems a little strange for Deloitte to advise that it is unlikely that fintech companies will have more than 6% of the market by 2025. The digital transformation has completely changed the business landscape in record time. We seldom stop to take stock of the situation, but the events of the past few years make it much easier to follow these Hard Trends to predict the future.

The Future of Work – Can ideas become pervasive?

The Future Shapers

This transition will not be easy – A survey conducted by The World Economic Forum , of company executives representing 15 million workers across 20 countries, found that half of all workplace tasks in existence at their firms today could be performed by machines by 2025. When we walk into most large, traditional corporate organisations, the one thing they all have in common is the inability and reluctance to change; to accept new ideas, take risks and embrace failure.

CFP: 3D Printing Conference in Paris, June 1

Open Innovation

For example, in 2011 the publisher of Forbes predicted that 3D printing would become the “transformative technology of the 2015–2025 period” (Karlgraad, 2011).

How AI Is Changing Our Lives


According to a well-detailed infographic on the evolution of artificial intelligence , the projected value of the AI software market in 2025 would have grown to $59.8 Artificial intelligence is one of the major technologies powering the next industrial revolution. The concept which was conceived 75 years ago is starting to change the way we relate to machines.

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