Industries
How will each industry need to adapt to survive/thrive the tidal wave of transformative technology
Investment
| Industry | Insight | Opportunity | Capability | Last Review |
|---|---|---|---|---|
| Education | - | - | - | - |
| Gaming | ||||
| Fashion | ||||
| Music | ||||
| Sport | ||||
| Hospitality |
- Which industries will be most impacted by Blockchain?
- Which industries will be most impacted by AI?
| Field | Description |
|---|---|
| Insight | Score depth of understanding |
| Capability | Score ability to make an impact |
| Opportunity | Score opportunities to leverage tech |
| Last Review | Last review against standard checklist |
| Progress: Challenges | Obstacles & Threats |
| Progress: Opportunities | Opportunites |
| Progress: KPIs | Path |
| Tech: Products | Off-shelf Products |
| Tech: AI | Impact analysis |
| Tech: Blockchain | Impact analysis |
| Tech: IoT | Impact analysis |
| Protocols | Intellectual Property |
| Raw Materials | |
| Capital Assets | |
| Data Security & Privacy | |
| Regulatory Clarity | |
| Innovation & Market Position |
Technology
Technology brings innovative products to market, redefining industries and investments. Business priorities and investment strategies must adapt to change with confidence to remain competitive.
Interview equipment manufacturers, design manufacturers to gain insights into product customization and functionality advancement. Map the impact of technology trends on future market sizes of various segments
Assess how technology trends are strategically leveraged to increase future market sizes across technology and geographical segments. Do this to develop better business models, forecast future market share and growth drivers across economies.
Present
Humans connecting with smart systems are disrupting industries and traditional business models.
- Compare the cost curves of various technologies
- Compare alternative production processes to optimise long-term production planning.
- Improve quality of outputs at lower cost to benefit from economies of scale.
- Research the integration of tech by major industry players.
- Leverage technology to improve decision-making.
Pricing Power
- Threat of new entrants
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new substitutes,
- Competitive rivalry
Predictions
Develop a view of how the technology will evolve over a given timeframe
- What roles require human input? What capabilities to they need?
- Understand the history of technology trends in the industry
- Research the technology roadmaps of leading industry players
Threats
Research technologies that could threaten the company's business
- Analyze all relevant technologies that may be at different stages of evolution and how these could impact the company.
- Understanding new technologies that can impact your business in advance is essential.
- Interview competitors and understand their different strategies
- Investigate and analyze competitors' strategies by interviewing them to build a better understanding of their competitive advantage. Try getting details on new products, productivity insights, and resource utilization of competitors