The World Economic Forum estimates that by 2027, 10% of global GDP will be stored on blockchain technology. Of all the technologies that are discussed on a daily basis, blockchain might be the least understood. As I’ve written before, blockchain is a key emerging technology that will drive the Next Economy. Yet being so important, it is still not well understood beyond tech circles. MORE

As per research by Statista , the value of the software segment of advanced analytics and other big data services will increase to $46 billion by 2027. Data Analytics – The Usability Problem. Data is the oil and analytics is the combustion engine – Gartner. MORE

By 2027, 10% of everything produced will be 3D printed. To prompt your ‘thunking’ today…. Remember Kodak, they used to make photograph film? What happened to them will happen in many industries in the next 10 years and most people won’t see it coming. Uber is just a software tool, they don’t own any cars, and are now the biggest taxi company in the world. Airbnb is the biggest hotel company in the world, although they don’t own any hotels. MORE

What this could look like in 2027: Companies will set up and manage Engine 2 under the corporate umbrella but will likely structure, staff and fund it separately. Bain and Company hast just published an worthwile article , debating on the question: What will the firm of the future look like ? MORE

In 2016 it was 24 years and it is forecast to shrink to just 12 years by 2027¹. Sustainable competitive advantage? Seriously? In our time? Most business leaders I talk to agree that the days of sustainable competitive advantage are over. They refer to the VUCA world we live in and point to the ever shorter half-life periods of business models and corporate strategies. Indeed corporate longevity is taking a beating. In 1964, the average tenure of companies on the S&P 500 was 33 years. MORE

billion in 2027. “Build only products that customers want” – sounds easy, right? However, in practice, this can be quite hard. Sometimes, companies approach us with requests like “I have developed a new technology but how do I build a business around it?” MORE

dollars by the year 2027 – Statista. The Growing Importance of Data. The global big data market is forecasted to grow to about 103 billion U.S. It’s quite evident that we currently live in a time where there is a constant influx of information. Data continuously flows from a plethora of internal and external channels including computer systems, networks, social media, mobile phones etc. and is growing at a rapid pace. MORE

By 2027, the average company could last just 12 years on the S&P 500. No company is invincible. Those that come closest are the ones that constantly reinvent themselves before their business models become obsolete. This need for reinvention is more pressing than ever. MORE

Microsoft and RPA: What Customers Should Know Grand View Research, an international market research and consulting company, reports that the RPA market, valued at $1.1bn in 2019, is expected to reach $10.7bn by 2027, expanding at a CAGR of 33.6%, making it the fastest growing enterprise technology. MORE

dollars by 2027, more than double its expected market size in 2018. Data Analytics in Business. According to Stastia , the global big data market is forecasted to grow to 103 billion U.S. Implemented properly, analytics projects help in effectively capturing and analyzing data to glean insights to analyze how things functioned in the past, while at the same time predicting what business decisions to make in the future. MORE