Staying Vital in the New Decade
FEBRUARY 24, 2020
Many technology, media, and telecommunications (TMT) companies were winners in value creation in the last decade. Can these companies continue to innovate as they expand—reshaping ecosystems that fueled their past success—and can they excite consumers and businesses while grappling with issues of privacy, influence, trust, and regulation?
As the 2010s closed, the technology, media, and telecommunications (TMT) sector was standing strong. Seven TMT companies were among the ten most valuable public companies in the world. Do they have the right ingredients to sustain that performance in the 2020s?
Many tech companies are reaching middle age and need to reinvent and transform themselves to stay relevant. They also need to broaden their core purpose to address their role and influence in society and their effect on the environment.
As entertainment, print, and gaming companies pursue subscriptions in a crowded field, they need to create the right offer at the right price for the right customers—or risk losing them altogether.
Operators have struggled to break free from the familiar constraints of regulation, legacy, and often-unfavorable competitive dynamics. Rather than bleed outdated business models dry, the future demands that they be bolder in strategy and execution.
