Frost & Sullivan to Present Top 20 Global Mega Trends, Potential Scenarios of Specific Trends in 2020
In light of today’s rapidly changing competitive landscape, Frost & Sullivan recognises the need for companies to build a solid vision and strategy to drive growth. At its 2010 Global Community of Growth, Innovation and Leadership, Frost & Sullivan will delve into the CEOs perspective on growth and at the same time present the Top 20 Global Mega Trends and their impact on business, cultures and society. This presentation sets the stage for visionary thinking by identifying the most important global mega trends, potential scenarios of specific trends in 2020, and the implications of these mega trends in transforming society, markets and cultures.
Frost & Sullivan will also host the Leadership Panel, which will focus on Infrastructure, the key enabler of growth, innovation and leadership. Besides this, myriad industry think tanks will examine market opportunities, insights, and growth objectives focused on developing a visionary perspective with an eye to the future. Through candid discussions, collaboration, and brainstorming, industry leaders, visionaries and thought leaders will convene to gain a deeper understanding of current trends and challenges facing their industries over the next decade.
Frost & Sullivan’s Global Community of Growth, Innovation and Leadership conference will take place on September 1, 2010 at the Leela Palace, Bangalore. According to Chairman David Frigstad, “Frost & Sullivan's 2009 CEO Growth Survey found that the recession of 2009 caused many CEOs to shift their focus from long-term strategies to short-term revenue generation and cutting costs. However, their top priority had not changed. I was pleased to see that, despite the economic conditions, top line revenue growth remained the most important objective for CEOs. I think that really is where the CEOs leadership needs to be focused the most."
GIL 2010: India will offer valuable experience as it brings together experts across various industries will provide the required competitive intelligence that empowers leaders to stay ahead of the curve by generating and implementing practical, innovative solutions. The specific industry think tank sessions and several panels, that will run parallelly, will help attendees uncover new opportunities for growth.
The Automotive think tank will focus on the opportunities in the engineering services market. After the BPO-KPO boom, the outsourcing industry has a new buzzword, Engineering Services Outsourcing (ESO). India holds a relatively strong position in the global ESO market, with a potential of US$ 40-50 billion by 2015. Most companies in India have advanced capabilities and skill sets, and have invested in technology to take advantage of this opportunity. The growth in engineering services signifies the need for global companies to expand their R&D centers beyond their home countries. This think tank will specifically cover the opportunities in non-automotive engineering services market and offshoring – whether this is the only viable way to remain competitive. Besides this, it will also cover, in-house/captive competency of vehicle manufacturers – a threat to engineering service providers and through a panel discussion delve on the role of engineering services companies in helping Indian OEMs go global.
The gaping disparity between power demand and supply has led to an ocean of opportunities. Running concurrently with other industry think tanks at GIL 2010: India, will be the Energy and Power think tank, which will focus on the challenges and opportunities in the Indian power generation sector. Besides taking a 360 degree perspective of the sector, it will showcase the success story of a company that has leveraged opportunities in the sector through partnerships and tie-ups. Growth through diversification in Balance of Plants (BOP)/new trends in Engineering, Procurement and Construction (EPC) for BOP; what are the strategies, initiatives and collaborative efforts that the industry stakeholders need to take in order to ensure growth in the power generation sector, are some of the areas that will be touched upon.
The focus of the Infrastructure think tank will be to bring forth the concerns and ROI expectations of financing entities for infrastructure projects and present innovative Public-Private Partnership (PPP) models, and experiences in other emerging markets. Infrastructure in India has always been an area of concern for foreign investors who never stop short of juxtaposing infrastructure in India with those of other growing nations like China and Brazil. Undoubtedly, India has a long way to go in order to measure up to its direct competitors in the global economy. Through the panel discussion, the think tank will endeavour to provide solutions for overcoming challenges and business risks involved in capitalizing on growth opportunities.
While the Defence think tank will focus on Indian defence offsets and homeland security market, the focus of Industrial Automation and Process Control think tank will be on evolving paradigms for next generation manufacturing. Manufacturers are constantly seeking enhanced tools for productivity and operational excellence. This has led to unprecedented adoption of Information Technology, Automation Software, Advanced Process Control, Analytics and Communication Technologies. Besides providing Frost & Sullivan’s perspective on the future of automation in the Indian manufacturing industry, the think tank will showcase three case studies by leading companies. One would be by a company that has adopted MES and advanced process control in the process industry; Second, will be a company that has enhanced productivity and competitiveness in the Indian automotive industry, through adoption of manufacturing IT and third, a company that has adopted next generation instrumentation. The Panel discussion will focus on strategies, initiatives and collaborative efforts that the industry stakeholders need to take in order to ensure evolution of the Indian manufacturing industry to the next generation.
The availability of the 3G spectrum and BWA auctions are expected to have a significant impact on the ICT ecosystem. New market segments are expected to emerge, which will push vendors to re-strategize and re-align their value proposition and marketing strategies. The Information and Communication Technologies (ICT) think tank on 3G-transforming the communication ecosystem will discuss 3G strategies of operators and take into account the factors (supply and demand side) that will provide robust opportunities to service providers. The 3G success story will be largely dependent on the extent of collaboration amongst the eco system participants at various levels (infrastructure, services and content). Frost & Sullivan’s panel discussion will provide a platform to deliberate on this critical pillar and the action items that will assist to convert the vision into reality.
The Chemicals, Materials and Foods think thank will focus on innovations in science and corporate social responsibility (CSR), as need of the hour for a sustainable future. Today, business cannot be put against the society, because the two are inter-related. Social and environmental consciousness has to be ingrained in the DNA of a company's core strategy in order to achieve results that measure high on all the dimensions of success: economics, society and environment. This think tank, besides providing a 360 degree perspective on the megatrends impacting the chemical, materials and foods industry in India will discuss sustainable growth strategies towards economic prosperity and social upliftment, investments in science and technology towards food and energy security.
Lastly, the Healthcare think tank will focus on healthcare access- need for a modified ‘4A’ model, that is, awareness, availability, accessibility, and affordability.
These diverse industry think tanks highlight how Frost & Sullivan’s Growth, Innovation and Leadership congress is a must-attend for any organization serious about improving its performance and growth. As David Frigstad, Chairman, Frost & Sullivan says, individuals “are not simply just attending GIL, they’re experiencing GIL.”
For GIL 2010: India, HP is the Strategic Event Partner, 3M and DHL are the Event Partner, L&T and ITT are the Industry Track Partners for the Energy and Power think tank.
Auto Monitor, Autocar Professional, Buildotech, Chemical Weekly, Chemical Industry Digest, Construction Week, Constructionbiz360.com, Engineering Review, E-Health, Energetica India, Express Healthcare, Industry 2.0, Machinist, Machinist360.com, Machine Tools, Modern Medicare, Power Today, Telecom Era, Telecom Watch, Times Journal of Construction & Design, Voice & Data are the media partners for the event.
If you are interested in knowing how attending GIL 2010: India can support your business objectives, then send an e-mail to Nimisha Iyer, Corporate Communications, at niyer@frost.com, with your full name, company name, title, telephone number, company e-mail address, company website and country.
About Frost & Sullivan:
Frost & Sullivan, the Growth Partnership Company, enables clients to accelerate growth and achieve best-in-class positions in growth, innovation and leadership. The company's Growth Partnership Service provides the CEO and the CEOs Growth Team with disciplined research and best-practice models to drive the generation, evaluation, and implementation of powerful growth strategies. Frost & Sullivan leverages over 45 years of experience in partnering with Global 1000 companies, emerging businesses and the investment community from 40 offices on six continents. To join our Growth Partnership, please visit http://www.frost.com
