Business Model

• [New] The SMB sector plays a key role in the UAE economy in driving innovation, job creation and disruptive business models.
• [New] Over the next 5-10 years, we expect to see business models emerge keeping in mind the future 'consumer commerce' landscape.
• [New] Increasingly technology can generate fundamentally new business models and growth opportunities by enabling and empowering more regions of the world to become sustainable and autonomous economic centers of growth.
• [New] The uncertainties of the previous year will inevitably lead to further challenges throughout 2021, so the implementation of service-based models could be a critical survival tool for many businesses.
• [New] China's ambition to reach peak carbon before 2030 and achieve carbon neutrality by 2060 will require companies to act now to transform, to various extents, to a lower-carbon business model.
• [New] Businesses have already started to utilize digital technologies to change their business models and generate new revenue streams as well as value-producing opportunities.
• [New] A Los Angeles fashion house is using AI to change the business model of the fashion industry, which historically has high risks related to unsold inventory.
• [New] Remote work has established itself as a global trend, and business models - impacting both goods and services - see how the digital layer will be increasingly decisive.
• [New] Germany will expand dialog with fossil-fuel producers such as Russia and Saudi Arabia to encourage them to adapt their business models in time.
• The business model of Deliveroo and other gig economy companies is increasingly under threat in Europe as legal challenges mount.
• As global markets for online working become the norm, certification will become increasingly important, so that business model might persist.
• In Connecticut, two bills are making their way through the legislature that could decide whether gig workers will be protected from the exploitative practices central to the business models of firms such as Uber and DoorDash.
• Governments could create situations which destroy the business model by introducing restrictions without sufficient time for companies to adapt, citing the UK's 2030 ban on new sales of cars with internal combustion engines (brought forward from 2035).
• HM Treasury is considering areas of Solvency II that could better reflect the particular structures, products, and business models of the UK insurance sector following Brexit.
• Open finance is set to change the future of the Swiss financial center and will play a key role in both established and new business models.
• The nimble nature of the auto retail business model, comprised of at least three different revenue streams and a variable cost structure, makes it not only counter cyclical, but nearly impervious to unforeseen economic disruptions (such as a global pandemic).
• Amazon's investments in technologies such as autonomous drone delivery and shops without tills show it is alert to threats, but new business models could pop up, particularly from rivals in China, that could dent growth.
• With so much government funding for hydrogen, there is a risk outsiders will disrupt the business models that have defined global aerospace for decades.
• Breaking up big tech firms will do little to change the business model that enabled Facebook, Google, and the rest to become titans.
• With 76% of business leaders agreeing that ecosystems will be the main change agent that will make their current business models unrecognizable in five years, companies must act fast to secure a strong position for the future.
• In line with autonomous driving technology development, Tesla plans to establish Robotaxi Network to operate rental self-driving taxicabs, as its new business model.

Last updated: 11 April 2021