business trends report 2024 quantumrun foresight

Business: Trends Report 2024, Quantumrun Foresight

The rapid shift to remote work and online commerce has accelerated the need for digitization and automation, forever altering how companies do business. This report section will cover the macro business trends Quantumrun Foresight is focusing on in 2024, including nearshoring, embedded finance, and the shift to personalized retail.

At the same time, 2024 will undoubtedly hold many challenges, such as data privacy and cybersecurity, as businesses navigate an ever-changing landscape. In what has been termed the Fourth Industrial Revolution, we may see companies—and the nature of business—evolve at an unprecedented rate.

Click here to explore more category insights from Quantumrun Foresight’s 2024 Trends Report.

 

The rapid shift to remote work and online commerce has accelerated the need for digitization and automation, forever altering how companies do business. This report section will cover the macro business trends Quantumrun Foresight is focusing on in 2024, including nearshoring, embedded finance, and the shift to personalized retail.

At the same time, 2024 will undoubtedly hold many challenges, such as data privacy and cybersecurity, as businesses navigate an ever-changing landscape. In what has been termed the Fourth Industrial Revolution, we may see companies—and the nature of business—evolve at an unprecedented rate.

Click here to explore more category insights from Quantumrun Foresight’s 2024 Trends Report.

 

Curated by

  • Quantumrun-TR

Last updated: 07 November 2024

  • | Bookmarked links: 16
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K-12 private education innovation: Can private schools become edtech leaders?
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Private K12 schools are testing different tools and learning methodologies to prepare students for an increasingly digital world.
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Flywheel business models: Long-term growth over cash grab
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Companies are adopting the consumer-centric approach, willing to lose revenue initially to gain brand loyalty.
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Platforms as gatekeepers: The dangers of walled gardens
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Digital platforms that monopolize their ecosystems can result in higher fees and limited consumer options.
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Small business owners adopting AI: The commercialization of AI
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Artificial intelligence is no longer accessible only to large conglomerates; smaller businesses are using the tech to level up.
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Unified omnichannel management: The power of centralization
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Retailers are using unified systems to efficiently manage their operations across different channels and platforms.
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Nearshoring: Bringing the supply chain closer
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Disruptions and economic uncertainties have led businesses to relocate their supply chains much closer to home.
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Nano-fulfillment centers: A move toward efficiency and speed
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Businesses are using smaller and highly automated warehouses to prioritize customer satisfaction and reduce operational costs.
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Secondary reuse for warehouses: Malls as warehouses
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Repurposed commercial spaces are shaping how retailers enhance operations, promote sustainability, and improve customer satisfaction.
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Continuous factory-in-a-box: Customization and sustainability
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The combination of factory-in-a-box and additive manufacturing may shape the future of production.
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Co-warehousing: Warehouse-as-a-service
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Multiple businesses are saving money by sharing warehouses, which could rejuvenate urban areas.
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Procurement diversification: The business of inclusion
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Supplier diversity not only protects businesses from disruptions but also contributes to local economic growth.
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Embedded finance: Payment apps are winning
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Embedding financial services allows brands to effortlessly integrate financial transactions into their pre-existing payments technology stack.
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Personalized retail: Data-driven customer service
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Customers are seeking brands that respond to their unique preferences and offer customizable options.
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Land administration digital transformation: Modernizing land paperwork
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Land managers are adopting newer tools and practices to make land administration more transparent and efficient.
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Less funding for deep tech startup: The thrill is gone
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The risk appetite for tech startups is decreasing as financial uncertainty looms.
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Brick-and-click: The tricky balance between online and physical stores
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Retailers are trying to find the right combination between e-commerce convenience and the personal touch of a physical store.