Technology, Media and Telecommunications (TMT) connect people and businesses over the world, and the lines between their markets are rapidly blurring. They’re at the cutting edge, leading the disruptive change while other industries are just following in the same direction. That’s why for TMT, business as usual isn’t an option. TMT industry delivers products and infrastructure that challenge the traditional models for other industries. However, it is not itself immune from this transformation.

Even before the COVID-19 pandemic, disruptive forces had redefined the technology industry in terms of business model and digital transformation. Technological disruption and increased competition are forcing software, hardware & IT service companies to regularly finetune their strategies to choose where and how to create value in the future.

Moreover, media businesses now need to rethink their revenue streams while adapting to the evolving consumers’ preferences. A key challenge is to create a new digital model at speed. It requires expertise in technology and an understanding of what end users want. Telecommunications companies must also continuously invest in new technologies while striving to remain competitive in terms of cost and service.