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This edition of Frost & Sullivan's Growth Opportunity Newsletter focuses on implementing information and communications technology strategies to address competitive intensity, geopolitical challenges, and new business models, empowering your digital transformation.  #growth #growthopportunities #transformation #information #communications #technology #Metaverse #GenAI #AI #Cybersecurity #5G #Cloud #Blockchain   Lynda Stadtmueller Alexander Michael Alpa S. Steve Thomas Vikrant Gandhi Renato Pasquini Alaa Saayed Elka Popova Brian Cotton Arnaud Bossy Shivaji Das Krishna P. Baidya Mei Lee Quah Rachita Gandham Sneha Nair

Leveraging Digital Transformation: Which Megatrends Will Define Your Growth Strategy?

Leveraging Digital Transformation: Which Megatrends Will Define Your Growth Strategy?

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Atull Gupta

I help IT Change Leaders at financial services companies with reducing IT Operations costs by £10m, by leading the delivery of Digital Transformation & Business Change. Product Manager Business Analyst Project Manager

2w

This article is full of brilliant insights and the pulse of the key growth trends Frost & Sullivan. I note you call out CX as a key segment which is under budgetary pressures - so digital transformation in this segment is perhaps as much led by the need to reduce operational costs as well as to find new avenues for enhancing the CX. I do wonder how much the state of western economies might impede progress and adoption of some of the emerging tech mentioned here, but at the same time, the first-to-market advantages could be lost with a conservative approach. Coupled with the need for managing security and incoming compliances such as DORA, what would you say are the top 2 or 3 investment areas for DT that financial services organisations in the West should concentrate upon?

Sudeep Basu

Practice Leader, Innovation Services at Frost & Sullivan (Management Consulting)

2w

Since Synopsys Inc is mentioned, I would also add Digital twins to the list including players like Ansys and Dassault Systèmes. Digital twins of manufacturing processes and systems as well as human systems and organs are equally interesting and there are good use cases which can provide significant guidance and insights on the implementation scenarios and growth potential of Digital Twins. AI/GenAI is certainly trendy and yet we must protect ourselves from merely the glamor of it and get into the attributes of data types & quality, models, training and problem statements to target beyond marketing leverage. Multiple players in diverse industry segments like medical devices, pharma, chemicals and others have benefited from taking this approach while working with us.

Teresa Herbic

🌠Agent, Publicist, Brand Marketing Expert, Consultant

2w

#DigitalMarketing #CustomerExperiences #Growth 💥 Frost & Sullivan

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