Insights

About Future Thought of Business FTOB

Future Thought of Business – FTOB, is Wipro’s initiative to understand the complex business environment in which industries operate. It will equip industry leaders and practitioners with actionable insights of trends and forces influencing the Industry decisions and facilitate their IT and business strategies for gaining competitive advantage in the future.

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FUTURE THOUGHT OF BUSINESS: AIRPORT

The Indian aviation sector witnessed unprecedented growth over the past two decades with increased passenger/ cargo traffic, upsurge of new destinations translating into increased fleet sizes of airlines operating in the country. This growth has led to continually increasing investments into the expansion and modernization of airport infrastructure. Over the next decade, India is poised to become one of the most significant aviation markets with annual passenger throughput expected to exceed 450 million.

With changing demographic trends and a globalization of the economy impacting business, society, and personal lives, the pace of change in the Indian aviation sector is also expected to get accelerated. Airports have evolved from being government owned entities providing basic infrastructure for air travel into more technologically equipped sophisticated service providers.

This paper will help readers to identify the major influencing forces identified as Mega Trends that will fundamentally unfold a new set of opportunities and challenges for airport infrastructure in India.

Six Mega Trends have been identified that have an impact on the growth of airports in the region with varied extent of impact and probability of occurrence from a long-term perspective:

This report will provide readers a perspective on how information technology can transform the government functioning in three broad areas:

  • Regulatory Framework
  • Collaborative Business Models
  • India as Global Hub
  • Technology Led Integration
  • Changing Demographics & Travel Needs
  • Hub & Spoke model

Click here to Download the Report.

FUTURE THOUGHT OF BUSINESS: KINGDOM OF SAUDI ARABIA

The Saudi Arabian economy which is the fastest growing in Middle East region, is attracting enormous curiosity from the world over because of its high growth potential. This report from Wipro Limited in association with IDC identifies the megatrends - the potential and growth drivers across all major industries such as Oil and Gas, Government, Finance, Telecom, Infrastructure, Healthcare and Education. FTOB - KSA will help readers in gaining an inside peak into the future growth drivers of the Saudi economy and help in strategizing business and in gaining competitive advantages in future.

Click here to Download the Report.

FUTURE THOUGHT OF BUSINESS: INSURANCE - INDIA

The insurance industry in india has grown significantly over the past decade. Change is a constant as evident in innovative products, changing distribution and marketing channels, changing customer behavior, etc.

Insurers need to adapt swiftly to stay abreast of change and to exploit the full potential that India presents. As a step in that direction, Wipro in association with Dun & Bradstreet brings you "The Future Thought of Business: Insurance Industry". Leveraging trends highlighted in the report will be pivotal in creating a successful growth strategy, well into the long term.

The report will cover the following perspectives:

The Indian Insurance Landscape • Emerging trends in the Insurance Industry • Product customisation as a response to customer needs • Macro industry trends • The Regulatory Environment • Embracing technology for growth

Click here to Download the Report.

FUTURE THOUGHT OF BUSINESS: AUTOMOTIVE - INDIA

The growing automotive industry is a great representative of the India shining story. Today, the industry is witnessing a phase of rapid transformation and growth. Wipro, in association With Dun and Bradstreet (D&B), presents Future Thought of Business Automotive, an explorative study that aims to identify the trends and drivers that will have a momentous influence on the trajectory of the industry in this decade.

Among other things, the reader will gain perspectives on

  • How Changing Customer Needs will alter the industry landscape
  • How Technology will drive the Change in this industry
  • Why manufacturing Green Vehicle will be critical for the industry.
  • What strategies will the Auto-majors adopt to De-risk from future uncertainties
  • How auto-majors will look to optimize the cost and increase efficiency

Click here to Download the Report.

FUTURE THOUGHT OF BUSINESS: BANKING - MIDDLE EAST

The Middle East is the worlds fastest growing banking market. Naturally, competition in the region is fierce. To stay in front, banks must adopt a differentiated strategy based on emerging opportunities and challenges.

Wipro, in association with Frost & Sullivan, presents Future Thought of Business, an explorative paper that explores the 5 megatrends that are shaping the future of banking in the Middle East.

Among other things, the reader will gain perspectives on

  • GCC Demographics: Steering Clear of the Doldrums landscape
  • Economic diversification: New Ports of Harbour
  • Mobility: The Ripples of Change.
  • Islamic Banking: Navigating by the Crescent
  • Altering Regulatory Policies: Dropping Anchor

Click here to Download the Report.

FUTURE THOUGHT OF BUSINESS IN OIL & GAS - MIDDLE EAST

Wipro, in association with Frost & Sullivan, presents Future Thought of Business Oil & Gas, an explorative study that reveals several tectonic shifts that are shaping the future of the oil and gas industry. The paper also endeavors to identify the trends, opportunities and challenges that confront the oil and gas industry in Middle East.

Some of the key highlights of this study

Oil & Gas companies are facing numerous challenges spanning energy security, lower oil prices, harder access to natural resources and emission compliance. This would mean a revamp in strategies and adoption of best practices including technology innovation, strategic alliances, efficient cost management, risk reduction and efficient personnel management.

This paper identifies the following megatrends and outlines their impact in the coming years.

  • Harvesting the Unconventional and Inaccessible: Sources like deep sea and alternate hydrocarbon resources Shale Gas, Coal-bed Methane (CBM) and Underground Coal Gas hold the key to the future.
  • The Demand Shift from the developed countries to developing country will have serious ramifications on the Global and Indian Oil Market.
  • The O&G companies cannot ignore the revolution around Digital Oil Fields.

Click here to Download the Report.

FUTURE THOUGHT OF BUSINESS IN OIL & GAS - INDIA

Wipro, in association with Frost & Sullivan, presents "Future Thought of Business Oil & Gas", an explorative study that reveals several tectonic shifts that are shaping the future of the oil and gas industry. The paper also endeavors to identify the trends, opportunities and challenges that confront the oil and gas industry in India.

Some of the key highlights of this study

Oil & Gas companies are facing numerous challenges spanning energy security, lower oil prices, harder access to natural resources and emission compliance. This would mean a revamp in strategies and adoption of best practices including technology innovation, strategic alliances, efficient cost management, risk reduction and efficient personnel management.

This paper identifies the following megatrends and outlines their impact in the coming years.

  • Harvesting the Unconventional and Inaccessible: Sources like deep sea and alternate hydrocarbon resources Shale Gas, Coal-bed Methane (CBM) and Underground Coal Gas hold the key to the future.
  • The Demand Shift from the developed countries to developing country will have serious ramifications on the Global and Indian Oil Market.
  • The O&G companies cannot ignore the revolution around Digital Oil Fields.

Click here to Download the Report.

FUTURE THOUGHT OF BUSINESS: HEALTHCARE - INDIA

An exclusive Study On Emerging Growth Drivers Of Healthcare In India

Wipro in association with Dun and Bradstreet (D&B) presents an explorative study titled Future Thought of Business (FTOB): Healthcare. The exclusive study performed personal interviews with Industry Leaders, complemented by an extensive secondary research to capture various facets of the Indian healthcare landscape. The study aims to serve actionable insights to Healthcare leaders and practitioners by identifying the key drivers that reinforces the future imperatives of this business

  • Increasing penetration of both private insurance and Government health insurance schemes will bring more people under the healthcare net and will drive demand for preventive healthcare services
  • The demand for healthcare services will be driven by both urban and rural markets in the coming decade with a distinct shift towards lifestyles and chronic diseases.
  • The attractiveness of the Indian market will entice more foreign players through capital investments and technology tie-ups across various segments such as hospitals, diagnostics, medical equipment etc.
  • High operating costs in the metro cities and fear of over-supply will drive more healthcare companies to increase their focus on the untapped smaller towns
  • The growing medical travel sector in India will benefit from rising cost burden of national healthcare system in the developed economies.
  • Large number of single specialty hospitals will come up especially in India's tier II and tier III cities driven by rise in local incomes and awareness level, in areas of heart, cancer, ophthalmology, maternal child care, and cosmetology.
  • The need to optimise costs and increase efficiencies will make IT an integral part of hospital management.

Click here to Download the Report.

FUTURE THOUGHT OF BUSINESS: BANKING - INDIA

Wipro in association with Dun and Bradstreet (D&B) presents "Future Thought of Business - Banking", an endeavor towards identifying and analyzing the key trends that will transform the banking sector in the near future. The exclusive study contains personal interviews with Industry Leaders, complemented by an extensive secondary research to capture various facets of the Indian Banking industry.

Some of the key findings of the study include:

  • Recent regulatory reforms pertaining to new licenses in the banking sector and savings rate deregulation by RBI are expected to improve the competitive scenario in Indian banking
  • Financial inclusion and Infrastructure spending will emerge as the two key growth drivers for Indian banks in the coming decade as only 9.9% of the rural population having a loan account and 18.8% of the rural population having a debit card
  • As Basel III framework is implemented in the system, banks will be seen taking proactive approach towards strengthening the risk management framework with focus towards liquidity risk management, financial conglomerates and systemically important financial institutions
  • A viable business model which has emerged from the study reveals that banks will have to operate through customized branchless banking model based on strategic priorities. The role of branches will also need to be re-engineered to become more automated and provide additional financial services
  • Cost of physical infrastructure and products catering to low income population are the biggest challenges for last mile connectivity
  • Improvement and innovation in payment system, as conduits for banking transaction, will be critical for industry's transformation. There are also a number of non-banking entities like telecom players like Airtel which have become part of developing payment system in India in the recent times
  • Customer segmentation will emerge as the key tool for product innovation and improved CRM in banking
  • Innovative channels such as TV banking and social media banking are also expected to improve customer interaction experience in banking in the coming years
  • Other key strategic initiatives like Interoperability across platforms and channels, Analytics, Information security, cloud computing and virtualization will be actively pursued

Click here to Download the Report.

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