Europe is still spending the rest of the summer break under a beach umbrella. This is the perfect time to take a look at the “Digital 2018”.
Emerging technologies have been dominating the news again
This includes the Internet of Things (IoT), Artificial Intelligence (AI), Blockchain and Robotics. But Sensing Cities, Dueling Neural Networks and Online Privacy have also taken their place in the world of digital innovation. No wonder, because their respective markets also offer a multitude of growth opportunities for medium-sized companies beyond the tech giants like Google, Microsoft or Apple. The market for IoT alone will be about 8.9 trillion dollars by 2020 (Enterprise CIO).
German companies are still struggling with digitalization
Trade journal Handelsblatt Global underpins this aspect. Despite a few individual positive examples, it is important to accomplish scaling to a certain level so that the German economy can keep up with the digital future. It would be in the best interest of business owners, CEOs and executives to put digitalization at the top of the list. While business is striving, this is the perfect opportunity to proactively shape one’s own digital future and gain competitive advantages – especially since investments are much easier during these times.
I am personally looking forward to…
…an exciting finish to the year; for example, Rocky Robots from South Korea offers an exciting, AI-driven robotics investment opportunity with international reach. Beyond that, plans are currently underway to establish a new venture capital company with other business angels and investors in Germany and Switzerland. And in November, the much coveted C-Suite program “Digital Growth Sessions” will be coming to Germany, along with other stops in London, Singapore and Silicon Valley.
All in all, 2018 has been and continues to be an exciting year.
No matter where you are currently recharging your batteries, I wish you a fantastic summer and a lot of joy in shaping a successful business year in 2018.