<\/p>\n
1. We reinforced<\/a> our defining human asset: the Presans Fellows group.<\/p>\n 2. We increased and deepened our expert pool by launching Sofia 3<\/a>.<\/p>\n 3. We developed our business by partnering with ADL on breakthrough innovation<\/a>.<\/p>\n Trend #1: An inflation and fragmentation of knowledge:<\/strong><\/em> new knowledge is being generated at an accelerated rhythm (for instance, five million scientific papers are published every year). In addition to this, this new knowledge is created in a multitude of entities of which the average size is decreasing. Thus, it is faster today to pick from this knowledge that has already been created by others than to produce it yourself \u2014 it is the era of open innovation.<\/p>\n Trend #2: Increasing commoditization:<\/strong><\/em> To maintain customer satisfaction, every company attempts to include complementary functionalities into their products. Products become more complex and even converge towards full service oriented packages: Michelin, as well as Rolls Royce don\u2019t sell tires or reactors, but travelled kilometers and flown miles.<\/p>\n Trend #3: Increasing digitalization:<\/strong><\/em> Digital barbarians insert themselves in the client relationship and capture potential margins. These new players, who move with great speed, often overtake established players.<\/p>\n Over the last 15 years, rapid disruptions have massively transformed value chains. The future belongs to open organizations<\/em>: organizations whose ability to open<\/em> their innovation<\/em> becomes permanent<\/em>. Such organizations constantly redesign themselves in order to avoid the fate of Kodak<\/a>. Because they seek to combine the agility of startups with the size of large firms, they will test new, more open, decentralized, dynamic and digital forms of organization. Precursors already exist.<\/p>\nThe three megatrends we identified a year ago are still active<\/h3>\n