DIGITALIZATION MEGA TRENDS
Published in
3 min readMay 13, 2022
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Industry 4.0 Digital Transformation
𝗮𝗻𝗱 Industry 4.0 Mega Trends
𝗗𝗶𝗴𝗶𝘁𝗮𝗹𝗶𝘇𝗮𝘁𝗶𝗼𝗻 𝗯𝗲𝗰𝗮𝘂𝘀𝗲 𝗼𝗳 𝗚𝗹𝗼𝗯𝗮𝗹 𝗠𝗲𝗴𝗮 𝗧𝗿𝗲𝗻𝗱𝘀
■ Industry Mega-Trend is like a chemical composition, which initially appears in its dilute form, but with time becomes concentrated.
■ A ‘Megatrend’ is a change in our world, that is so massive that it defies human intervention. A Megatrend’s impact is unprecedented in magnitude. Megatrends are global and sustained for a long duration.
■ Today, megatrends have become a relevant strategic issue for most of the industry verticals.
■ Megatrends include macro-economic forces that impact business, economy, society, cultures, and personal lives, defining our future world. Megatrends transcend geopolitical and physical boundaries.
𝗠𝗲𝗴𝗮 𝗧𝗿𝗲𝗻𝗱𝘀, 𝗜𝗻𝗳𝗹𝘂𝗲𝗻𝗰𝗶𝗻𝗴 𝘁𝗵𝗲 𝗶𝗻𝗱𝘂𝘀𝘁𝗿𝘆 𝗲𝗻𝘃𝗶𝗿𝗼𝗻𝗺𝗲𝗻𝘁.
■ Together, these massive influences are changing our business operating environment and our industry future.
■ They are making for a harsh, brutal reality that previously would have been considered fundamentally incompatible with sustained human prosperity and well-being.
𝗗𝗶𝗴𝗶𝘁𝗮𝗹𝗶𝘇𝗮𝘁𝗶𝗼𝗻 𝗱𝘂𝗲 𝘁𝗼 𝗚𝗹𝗼𝗯𝗮𝗹 𝗠𝗲𝗴𝗮 𝗧𝗿𝗲𝗻𝗱𝘀
■ Digital Transformation is the result of one or a combination of global and business trends.
■ Megatrends are trends that have an influence on a global scale. Megatrends are global, sustained, and macro-economic forces of development that impact business, economy, society, cultures, and personal lives thereby defining our future world and its increasing pace of change.
■ Megatrends have different meanings and impacts for different industries and individuals. These megatrends influence the vertical industries to a different extent and cause transformations.
■ Observing and understanding megatrends enable us to sense the existing and forthcoming business opportunities
𝗛𝗲𝗿𝗲, 𝗜 𝗵𝗮𝘃𝗲 𝗰𝗼𝗺𝗽𝗶𝗹𝗲𝗱 𝗽𝗿𝗶𝗺𝗲 𝗠𝗲𝗴𝗮𝘁𝗿𝗲𝗻𝗱𝘀 𝗮𝗻𝗱 𝗶𝗻𝗳𝗹𝘂𝗲𝗻𝗰𝗶𝗻𝗴 𝗳𝗮𝗰𝘁𝗼𝗿𝘀:
■ 1. Global population growth
■ 2. Social & Demographic shifts
■ 3. New Health & Wellbeing demands
■ 4. Market Hyper-Competition
■ 5. New Customer Power and Sophistication
■ 6. Rise of Emerging Economies
■ 7. Urbanization and Integrated Mobility
■ 8. Digitalization & Digital Revolution
■ 9. Fast Changing Business Ecosystems
■ 10. Disruptive Technological Advances
■ 11. Global Warming & Climate Change
■ 12. Human longevity & associated health care challenges
■ 13. Shifts in Geopolitical Power
■ 14. Natural Disasters and Global Pandemics
■ 15. Scarcity Stability of vital resources such as food water, and land
𝗣𝗹𝗲𝗮𝘀𝗲 𝗮𝗱𝗱 𝗮𝗻𝘆 𝗮𝗱𝗱𝗶𝘁𝗶𝗼𝗻𝗮𝗹 𝗺𝗲𝗴𝗮𝘁𝗿𝗲𝗻𝗱 𝗶𝗻𝗳𝗹𝘂𝗲𝗻𝗰𝗶𝗻𝗴 𝗳𝗮𝗰𝘁𝗼𝗿 𝗶𝗻 𝘁𝗵𝗲 𝗰𝗼𝗺𝗺𝗲𝗻𝘁𝘀.
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