In a bid to get Britain back on track, Growth Britain invites the public to pitch their ideas and offer feasible solutions to what will help drive growth and positively shape the British enterprise landscape.
This independent and authoritative research from Growth Britain will highlight and deduce the key points in areas that have curbed the growth of British enterprise and provide practicable solutions to these issues.
via StartUp Britain
All business executives must worry about change, but the CEOs of technology companies — positioned as they are at the forefront of this floodgate — must be especially cognizant of the changes in their world. Tom Archer, U.S. Technology Industry Leader, shares PwC’s point of view about the nine key trends.
They’re the ones awash in challenges, whether from technological advancements, new market entrants and shifting customer spending and behavior.
PwC has identified nine trends that impact technology companies — such as disruptive innovation, social media, device and enterprise convergence, and the explosion and protection of data. The business transformation driven by technology is impacting all industries in significant ways.
Businesses are considering leveraging technology to optimize their IT, transform their business operations, monetize differentiated services and engage their channels and communities.
Many industries are facing accelerating pressure for fundamental business process transformation — including embracing digital business technology, in order to survive and stay competitive — according to Gartner.
Transformation remains a critically important phenomenon across all industries. Many industries will face intense challenges in 2014 and beyond, and will have no choice but to radically change their established business models.
Innovation is a key to business success, but where innovation comes from is changing. Today’s firms are looking beyond R&D to drive innovation. They invest in a wider range of intangible assets — such as data, software, patents, designs, new organizational processes and skills.
Together these non‑physical assets make up knowledge‑based capital (KBC). Studies for the European Union and the United States show business investment in KBC contributing 20% to 34% of average labor productivity growth.
Over a billion consumers will be buying physical goods and services via their mobile phones by 2016, according to Informa. Retailers are now making significant investments to integrate mobile into their in-store, online and call-center operations. Industry leaders such as Walmart and Marks & Spencer (M&S) are developing in-house expertise and resources to support their mobile strategies.
Most retailers are reporting that there is strong growth in the traffic to their sites coming from mobile devices, and many believe that mobile will have the biggest impact on their business in the next 2-5 years.
If there’s one truism in marketing, it’s that things are always changing — and digital technologies have accelerated that pace. A September 2013 survey of U.S. marketers identified the most important marketing issues.
Seven in 10 respondents are confident about brand building, and 62% with content marketing. But marketers are much less confident about personalization and targeting, as well as ecommerce.
Communication service providers can no longer continue down their traditional path of revenue generation and expect to survive, due to the overwhelming evidence that their legacy business strategy is obsolete. Dramatic shifts and changes in the marketplace now require decisive action.
“Over the next five years, service and tariff innovation will be key revenue-generating strategies, while LTE rollout, network optimization, and creative approaches to partnerships will become focal points for cost savings,” said Shagun Bali, analyst for telecoms technology at Ovum.
Just as HDTV revolutionized our television viewing with its huge leap in picture quality, High-Res Audio is doing the same for the music we listen to. If you’re wondering if your ears really need it, just ask your eyes if they’re willing to go back to old, standard definition TV.
By enabling digital lossless capture of original analog audio sources, it’s now possible to listen to performances exactly as the artist intended.