The Express Tribune’s Post

The arenas of today—transformative industries like consumer electronics and software—have brought sweeping change to our lives. The arenas of tomorrow are likely to bring even greater change. Learn about 18 industries that could reshape the global economy: mck.co/arenas #NeverJustTech

Never a dull moment with all those opportunities, don't forget: everything starts and ends with processes. Remember to map, analyze and optimize! Prospectus Analytics #businessprocessmining #procesoptimalisatie #dataanalyse #kostenbesparing #efficiëntie #duurzamegroei #ProspectusAnalytics #operationeleverbeteringen #processoptimization #dataanalysis #costsavings #efficiency #supplychainmanagement #sustainablegrowth #operationalexcellence

Emerging and Pivotal Technologies: McKinsey’s recent report identifies 18 arenas that could reshape the global economy by 2040, with potential revenues between $29 and $48 trillion. These emerging sectors — from AI, cybersecurity, and electric vehicles to biopharma, robotics, and future air mobility — are marked by high growth and dynamism. They are projected to grow their GDP share from 4% today to 10-16% by 2040. Between 2005 and 2020, similar high-growth industries, including e-commerce and cloud services, saw revenue growth three times faster than other sectors and generated 49% of economic profit by 2019. These sectors provide fertile ground for new entrants, with three key ingredients fueling their growth: technological leaps, large markets, and high investment competition. This model promises not only economic growth but a path for new players to become industry leaders. References, definitely worth reading: • McKinsey Article: https://lnkd.in/gaW5jst3 • McKinsey Full Report: https://lnkd.in/gqUXw6V3

As we explore this new technological era, it's akin to witnessing the unfolding of a new industrial revolution. Read more: https://hubs.li/Q02xXS_Z0 Post written by Arun Kumar, Forbes Councils Member.

Great report by McKinsey highlighting a future driven by AI, robotics, electric vehicles, and more, which also has a significant overlap with our Vision 2030 objectives. While this report discusses potential, we’re actively making history by setting the standard with amazing projects like NEOM.

The next wave of innovation isn't just about technology – it's about the convergence of multiple transformative industries that will reshape how we live and work. At Eternal Robotics, we're particularly excited about the intersection of: - Advanced Robotics & Automation - Artificial Intelligence - Advanced Manufacturing - Clean Energy Technologies - Edge Computing These emerging arenas aren't developing in isolation. They're converging to create unprecedented opportunities for innovation and growth. As we build the future of robotics AI, we're seeing firsthand how these technologies complement and amplify each other. What excites us most is how these transformative industries will: ▪️ Enhance human capabilities rather than replace them ▪️ Drive sustainable development ▪️ Create new categories of jobs and opportunities ▪️ Solve previously intractable problems What emerging industry combinations do you think will have the biggest impact on our future? #FutureOfTech #Robotics #Innovation #EmergingTech #AutomationTechnology #AI #hypervise #eternalrobotics

These are the key business areas to sustain compound annual growth and profitability projected in 2040 however as of today its very well known that business growth is hindered due to the challenges posed by 'poor data quality'. Inaccurate or unreliable data can obstructs decision-making, operational efficiency, and make strategic initiatives ineffective, ultimately impeding overall growth potential. As part of Overall Data strategy Data quality plays a pivotal role and for Business to fully understand the impact that poor data quality they can benefit from industry leading accelerators like Genpact's Data Control Center helps to link poor data to business values, enables Governance by value, accelerates cleansing and helps to keep data clean using automated KPI based continuous monitoring and cleansing. Having a reliable & trusted way to keep your data clean helps to innovate business transformation with Data & AI.

The automotive industry is witnessing a surge in electric vehicle revenues as McKinsey reports, yet profitability remains a challenge compared to non-discrete sectors and semiconductor businesses. To stay competitive, automotive companies must accelerate the digital transformation of their entire value chain and optimize profit margins. Mastering the efficient and reliable design of increasingly sophisticated software-defined vehicles, as well as implementing cutting-edge AI-powered offerings for drivers and vehicle performance, will be a key differentiator separating industry leaders from those at risk of falling behind.

🔭 Zoom into the Industrial Constellation! See how traditional industries are evolving with new technologies and strategies to build the backbone of our economy. Stay tuned! #IndustrialConstellation #MarketConstellations

Discover the transformative power of the Fourth Industrial Revolution with this essential guide to Industry 4.0. Explore its profound impact on modern industries. #Industry40 #Innovation https://buff.ly/405h5xC #Industrytech