Technology is having a major impact on the world.  Innovations and technological advances have sown the seeds of new businesses that few could have imagined a decade ago.  At the same time, long established companies are facing disruption on many fronts, and those that cannot keep up with the pace of change will inevitably whither and be left behind.  Regardless of whether they are new or mature, businesses that are able to take advantage of these changes have the potential to reap new profits and provide investors with new opportunities.  

In the attached report Imagine 2025 RBC Capital Markets provides an in depth look at the technological changes that are expected to unfold over the next few years, and highlights the ways in which businesses are expected to innovate in order to remain relevant.  Of particular interest is the Kodak case study on pages 8 and 9 which is an excellent example of what can happen when a once dominant company fails to adapt to a changing world. 

I hope you will have a chance to look through the report which contains some great insights into the changes we may see in the coming years.  While some of these predictions will probably be wrong, and other changes will happen that weren't predicted, what is certain is that it has never been more important for successful businesses to be agile and open to change as we navigate the coming years. 

Take Care

Mike