WE LIVE IN A RELATIONSHIP ECONOMY
In the race for data, the power of relationships has been neglected. A divide has appeared. Businesses that can extract value from data in real time. And those that can't.
WE BELIEVE
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Businesses that unlock the relationships between data to drive growth, will thrive.
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For those that perpetuate legacy, the clock is ticking.
THERE IS A NEW WORLD ORDER
Creative Disruption Continues
The average age of a company listed on the S&P 500 fell from almost 60 years in the 1950s to less than 20 years today.
53 companies from the 1955 edition of the Fortune 500 were still on the list in 2018.
28 of the companies from the 1984 edition of the FTSE 100 remained on the index in 2017.
KNOW WHAT CUSTOMERS WANTS BEFORE THEY KNOW IT
BIG BRANDS ARE ON THE MOVE
- 81% of banking CEOs are concerned about the speed of technological change, more than any other industry sector
- Two thirds of JP Morgan’s 50,000 technologists are software engineers. In 2019 their tech budget was $11.4Bn.
- Our estimates suggest more than half of the activities people are paid to perform can be automated by adopting advanced AI
- Banks under exploit the data that they hold and are struggling with the changing skillset demanded in salespeople
- Banks compete with top-tier tech giants. In the US, there will be a shortage of 1.4 million software developers by 2021
- By some estimates, businesses use only 0.5% of available data. To turn data into insights, firms must overcome data stuck in silos
- AI and its related technologies will have a seismic impact on all aspects of the insurance industry
- There is a $148 billion market for HR cloud solutions to address the needs for the future of work … this is expected to continue to grow
#jointhedots with GLIA ECOSYSTEMS
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