The Future of Business. Where are industries heading and what are the upcoming business trends.
The coronavirus pandemic has caused a considerable decrease in cash flow for the space industry but a sustained upward trend in interest heralds strong public-private partnerships in the remainder of the year, according to a recent report on venture investment in the space sector. Noosphere Ventures—which conducted the analysis and invests in space technology companies—calls…
As physical sports were grounded by the coronavirus pandemic across the globe, esports not only continued to thrive but also found new fans along the way. Multiple industry reports have painted a fairly bright future for esports—which refers to organized, multiplayer video game competitions—saying that there are great opportunities in this sector despite widespread disruptions…
Seventy-eight percent of startups plan to hire new staff before the end of the year despite being caught in mid-air by the coronavirus pandemic, according to a recent survey by the world’s largest startup campus. The study by Station F—which was conducted in partnership with over 120 venture capital funds—also showed that 48% of startup…
With the economy expected to remain on rocky footing potentially beyond 2020 and COVID-19 quarantines and lockdowns ebbing and flowing on a rolling basis, new trends in consumer sentiment and behaviors are emerging globally. According to a new Future Consumer Index published by Ernst & Young, 42% of surveyed consumers believe that their shopping habits…
The coronavirus pandemic is accelerating the need for artificial intelligence solutions as the technology can help businesses run more nimbly and reliably, says a marketing manager at TAIGER, one of Asia’s fastest-growing AI companies. “Big companies are realizing that AI technologies can make them more flexible to adapt better to changes like the ones brought…
As the world is coming to grips with the implications of the coronavirus pandemic, the future of the freelancing industry is shrouded in uncertainty. Companies around the world have indeed begun to embrace more remote work, but it does not necessarily mean there will be more job opportunities for freelancers—at least in the short term….
The success of the internet age is riding on the back of many breakthroughs. Besides advanced computer hardware, the software part is critical to the ultimate functioning of the technology industry. Admittedly, software publishers make up the backbone of the technology industry, especially the computing sector. According to a 2015 McKinsey report, the software industry is…
The video game industry has thrived in the conditions created by the coronavirus pandemic as millions of people are staying at home and are on the hunt for new forms of entertainment. Game developers have seen an impressive surge in both revenue and attentiveness in recent months, but the question is whether the industry will…
Border closures and flight restrictions put in place to slow the spread of the coronavirus have dampened the mood of millions of travel enthusiasts around the world. But the abrupt change from globe-trotting to quarantine has affected one group in particular whose lifestyle revolves around being on the move: digital nomads. The short-term impact of…
Forest products are always on demand. This is true today as it will be in the future. Indeed, the growth of the global forestry industry depends on the demand for wood products. According to the Food and Agriculture Organization (FAO), the unceasing demand for wood and its products drives the investment in the forestry industry….
