LONDON, Nov. 5, 2015 /PRNewswire/ -- New environmental, economic, social and political developments have challenged Europe to rethink its strategies for the future. With the new growth strategy 'Europe 2020' the European Union is re-enforcing its commitment to become a smart, sustainable and inclusive economy within the next five years.
In a new groundbreaking study "The Future of Europe", that will be published in the coming weeks, Frost & Sullivan explores the Mega Trends that will put Europe on the road to recovery.
For a complimentary preview of this research, please visit: http://bit.ly/1WxxMwk.
According to Frost & Sullivan, 60 percent of companies in Europe will not celebrate their 10 year anniversary. It is therefore imperative to plan strategically. Archana Vidyasekar, Team Leader, Frost & Sullivan's Visionary Innovation Research Group, has no doubts: "Effective Mega Trend planning supports long term sustainable growth and drives a culture of innovation."
"Connectivity will be the key enabler for long-term and sustainable growth in business innovation," continues Ms Archana Vidyasekar. "The EU has ambitious plans in stock: not only to reduce disparity in high-speed broadband levels, with the objective to attain 100 per cent penetration by 2020, but also to implement a European Union 5G Roadmap. Through this 5G vision, the wireless network area coverage will soar to 1000 per cent by 2020, as compared to 2010."
Europe's transformational agenda for the digital age will see the convergence of Mega Trends across all industries - from green energy to e-health, from smart mobility to sustainable manufacturing and connected industry. Mega Trends will bring about transformational change in crucial sectors:
"The Future of Europe" will be launched during GIL 2015: Germany that will take place in Frankfurt on 17 November, 2015. To attend the conference please contact chiara.carella@frost.com.
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Frost & Sullivan, the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today's market participants.
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For more than 50 years, we have been developing growth strategies for the global 1000, emerging businesses, the public sector and the investment community. Is your organisation prepared for the next profound wave of industry convergence, disruptive technologies, increasing competitive intensity, Mega Trends, breakthrough best practices, changing customer dynamics and emerging economies?
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Contact:
Chiara Carella
Corporate Communications - Europe
P: +44 (0) 20 7343 8314
M: +44 (0) 753 3017689
E: chiara.carella@frost.com