article thumbnail

Chasing Invincibility: Lessons Learned from Top Organisations Around the World

Strategyzer

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.

article thumbnail

Microsoft And RPA: What Customers Should Know

Acuvate

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.

Report 77
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Innovations in Electric Vehicles and Energy Storage Materials

eZassi

Due to applications in wind turbine power generation and regenerative braking technology in electric vehicles, the supercapacitor market is predicted to reach almost $17 billion by 2027. It’s Electric!

article thumbnail

Digital Twins in the Oil & Gas Industry

Acuvate

billion by 2027, at a CAGR of 60.6% between 2022 and 2027. The asset and operations-intensive nature of the oil and gas (O&G) industry demands continuous and vigilant equipment monitoring, management, and maintenance.

article thumbnail

6 Remarkable Applications of AI in the Oil & Gas Industry

Acuvate

According to research, the global artificial intelligence in the O&G sector will be worth $3,669.8Mn by 2027 , growing at a CAGR of 10.81% between 2022 and 2027.

article thumbnail

Factors That Influence the Adoption of Power BI Dashboards

Acuvate

billion by 2027. The growing importance and relevance of leveraging data and business intelligence cannot be overstated in today’s highly digitized business landscape. The business intelligence (BI) market size is projected to reach $39.35

Data 52
article thumbnail

How Automated Medical Transcription Can Impact Hospitals Worldwide?

Acuvate

billion by 2027, growing at a CAGR of 17.8% Maintaining patient records, the biggest and even the minutest of details, is a critical task in setting the foundation for the highest quality of medical care, including diagnoses, treatment, and well-being.

Data 52
article thumbnail

How to create business models for 5G - and other disruptive technologies

The BMI Lab Blog

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?”

article thumbnail

The Most Important Part for Every Innovation Funnel

IM Insights

This number is constantly shrinking and might be as low as 12 years by 2027. By Elijah Eilert. What do gold mining and breakthrough product innovation have in common? . The odds of success are low. Only 1 gold mine comes to fruition from 10,000 potential prospects. .

Course 52
article thumbnail

Rediscovering sustainable competitive advantage

The Future Shapers

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.

article thumbnail

Consumer Bots Strategy for CPG Marketing

Acuvate

billion by 2027, at a CAGR of 33.2% The Consumer Packaged Goods (CPG) industry is characterized by products that are sold quickly, at high volumes, and at relatively low prices.

article thumbnail

Key Essentials of Modern Business Intelligence

Acuvate

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.

article thumbnail

Top 5 Myths About Data Analytics You Should Stop Believing

Acuvate

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.

Data 66
article thumbnail

The Future’s So Bright

The Human Factor

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.

article thumbnail

The Firm of the Future Will Manage Two Types of Businesses

Integrative Innovation

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 ?

article thumbnail

Augmented Analytics – Everything You Need to Know

Acuvate

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.