FM services have become a necessity as they not only help increase the lifespan of a building, but also help owners meet international health and safety standards. Explore the evolving technologies, growth prospects and key companies in this space.
Data centre UPS and cooling systems are critical components that fulfill power and cooling requirements for electronic equipment. Explore the growth drivers, future prospects, and technologies that will impact this sector.
Which companies are the key competitors in this space? What different business models are likely to be adopted? What are the principal use cases for drones in the power sector? Find answers to these questions and more in the exclusive research.
While the title of this article suggests that uncertainty is not a constant, it actually is. But to truly understand the role of innovation, we must first acknowledge that some moments are more uncertain than others: 2020 has clearly demonstrated that reality.
So what is the role of innovation today? How do we remain focused on innovation when times are tough? Should you even try? To tackle these questions, the last one must be addressed first.
Should innovation even be a priority now?
It is incredibly hard to grow, even during good times. Companies struggle with new product success, illustrated by a 95% fail rate. Lack of growth is the No. 1 reason why CEOs are dismissed. Innovation is at the tip of the spear if we consider growth to be a serious and hopefully obvious goal of any company. Innovative employees are a corporation’s equivalent of Navy Seals: precision experts with a mission target and a clear plan for how to execute that mission. Tough times are the perfect catalyst when innovation must be accelerated, given that competitors both known and unknown may be taking their proverbial foot off the gas pedal. During every major economic downturn, Nike doubled down on its R&D investment with great success, strengthening the business and shoring up core markets. The company recognized a growth opportunity and acted, using its innovation culture as the mechanism to move swiftly.
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BIM and digital twin are modern digital construction tools that enable AEC industry professionals to proficiently plan, design, construct, operate and manage buildings and infrastructure. What are the key growth opportunities for industry participants to continue their double-digit growth in this sector? What is the global and regional market share of leading companies? What are the major technologies adopted by them?
Rapid industrialisation in the GCC has led to greater economic prosperity and a growing population, which directly translates to increased waste generation. What are the key growth opportunities for the waste recycling companies in this region? What are the circular economy and waste recycling initiatives by GCC governments that drive prospects? What is the impact of digitalization in the waste recycling sector?
Frost & Sullivan’s recent analysis, Business Model Innovations in the Building Construction Industry, 2020, finds that the building construction value chain will shift from sequential (conventional value chain) to innovative business models with increased penetration of building construction technology. With rapid urbanization and suburban development in Asia-Pacific (APAC), the construction segment in the region is expected to reach $14 trillion by 2021 from $10 trillion in 2017. However, the market will be impacted by COVID-19.
Frost & Sullivan’s recent analysis, Global Modular Data Centers Market, Forecast to 2025, finds that the industry is poised for tremendous growth with immense potential for expansion. Despite the impact of COVID-19, the market is estimated to witness nearly a three-fold growth, reaching $14.08 billion by 2025 from $4.81 billion in 2019, increasing at a compound annual growth rate (CAGR) of 19.5%.
Favorable regulations, declining project and technology costs, and high electricity and demand charges are key factors driving investments in DER across the globe. The COVID-19 pandemic will reduce investment levels in the short term, but the market will recover. Throughout the decade, $846 billion will be invested in DER, supported by a further $285 billion that will be invested in battery storage.Read more