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Identifying New Areas of Convergence and Diversification will Bring Significant Shifts in Growth, Notes Frost & Sullivan

188 Days ago

Business Wire India
Frost & Sullivan hosted the crème de la crème of business leaders from the Kingdom of Saudi Arabia (KSA) in its executive summit — Growth Innovation & Leadership (GIL) Middle East, held for the first time in Dammam, the KSA. In lieu of the rising volatility in oil prices and the challenges in the growth of the country’s energy sector, the KSA is on a path of transformative shifts. With this backdrop, the GIL summit at the Holiday Inn, Al Khobar was a congregation of leaders from various industries looking forward to explore new business models and opportunities beyond energy.
 
GIL 2016 Middle East was a journey to understand how convergence is impacting industries in the region and identifying new areas to grow by leveraging innovation as a resource. The event started with an insightful keynote from Aroop Zutshi, Global President and Managing Partner, Frost & Sullivan, where he talked about the connected world, its significance, and its importance. This was followed by a keynote on Mega Trends by Gary Jeffery, Senior Partner, Frost & Sullivan. Gary’s presentation showcased the emerging Mega Trends and how they are linked to the disruptive forces that are shaping countries in the Gulf Cooperation Council (GCC). His session on Thought Leadership set the stage for an interactive workshop on Business Headlines 2025 with executives working together to create innovative future business propositions shaped by the powerful Mega Trends and made possible by new and emerging technologies.
 
“With the current transition in the economy, many organisations, corporates, and government bodies are trying to understand how they will exist in this new reality. This is what brought companies from a cross-section of industries to participate, exchange ideas, and realise that the future is all about new technologies, new areas of convergence, and diversification,” said Aroop Zutshi. Inspired by the networking and new ideas that sparked at the event, he added, “GIL Middle East was an incredibly powerful and successful programme and we look forward to repeat its success in the KSA in 2017, as well.”
 
The global conference ended with the presentation of the Frost & Sullivan’s Best Practices Awards, acknowledging organisations for their adherence to best practices and stellar achievements. The companies were recognised on the basis of their performance measured under various criteria such as leadership, technological innovation, strategic product development, to name a few.
 
For more information on the Growth, Innovation and Leadership event and Frost & Sullivan’s executive summits, please visit: http://ww2.frost.com/
 

Company Name Award Title  
STC Solutions 2016 Data Center Services provider of the Year - KSA  
 
Mobily 2016 Managed Security Services provider of the Year - KSA  
 
 
Aster DM Healthcare 2016  Health Awareness Campaign of the Year- UAE  
 
 
SRL Diagnostics FZ LLC 2016 Private Diagnostics Services Provider of the Year-UAE  
 
 
Brightpoint Royal Women’s Hospital 2016 Emerging Women's Healthcare Service Provider of the Year- UAE  
 
 
Fujairah Gold FZC 2016 Precious Metals Technology Innovation Leadership Award - GCC  
 
 
Jindal Shadeed Iron & Steel LLC 2016 Steel Manufacturing Product Line Strategy Leadership Award - GCC  
Alfanar Group-Alfanar Construction 2016 Power Transmission and Distribution Product Line Strategy Leadership Award - KSA  
 
 
Almajdouie Logistics Company 2016 Logistics Services Provider of the Year, KSA  
 
 
 
Sultan Al Qahtani & Sons Transport Co. 2016 Transportation Services Provider of the Year, KSA  
 
 
Naqel Express 2016 Domestic Express Services Provider of the Year, KSA  
 
 
Warehousing Projects and Logistics 2016 Logistics Infrastructure Developer of the Year, KSA  
 
 
Hala Supply Chain Services 2016 Emerging Logistics Services Provider of the Year, KSA  
 
 
GWC 2016 Logistics Services Provider of the Year, Qatar  
 
About Frost & Sullivan
 
Frost & Sullivan, the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today’s market participants.
 
Our “Growth Partnership” supports clients by addressing these opportunities and incorporating two key elements driving visionary innovation: The Integrated Value Proposition and The Partnership Infrastructure.
  • The Integrated Value Proposition provides support to our clients throughout all phases of their journey to visionary innovation including: research, analysis, strategy, vision, innovation, and implementation.
  • The Partnership Infrastructure is entirely unique as it constructs the foundation upon which visionary innovation becomes possible. This includes our 360-degree research, comprehensive industry coverage, career best practices as well as our global footprint of more than 40 offices.
 
For more than 50 years, we have been developing growth strategies for the global 1000, emerging businesses, the public sector and the investment community. 
 
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