Innovation is a must for companies to survive today and into the future. Still, very few businesses have understood how to innovate successfully and turn innovation into tangible financial result. Successful innovators not only outperform others financially over the last 5 years – they also have higher expectations about future results. We call them Innovation Champions.
Type: Consulting Report
Explore the latest evidence-based research our consulting teams have undertaken in partnership with clients. From high-impact, groundbreaking thought leadership pieces to rigorous analysis of the economic, social and environmental impact of an organisation’s activities. And from an in-depth examination of key global trends to answering specific organisations’ questions.
Oxford Economics surveyed 90 technology executives in the financial services sector, including meaningful samples from the retail banking, insurance, and capital markets subsectors. The study found 68% of respondents expect that in five years, customers will do most of their saving, investing, and borrowing through non-finance platform companies. In the face of this and other looming challenges, 90% have long-term plans for digital transformation. Further analysis and interviews with executives show how these industries are preparing for the future of digital innovation.
New analysis from Oxford Economics show that incidence of illicit tobacco across four GCC markets (Saudi Arabia, UAE, Kuwait and Oman) has increased in recent years – having been just 1.2% of Total Consumption in 2016, the Illicit Incidence rose to 1.6% of Total Consumption in 2017 and to 5.3% in the first half of 2018.
The National Fluid Power Assocition (NFPA) commissioned Oxford Economics to develop state-level fluid power demand estimates (e.g. industry sectors who purchase fluid power products as part of their supply chain) as well as other key sector characteristics. NFPA integrated the output from this research into a members’ access only tool to shed new light on the size of fluid power product demand. Additional info can be found
A “no-deal” Brexit would cause a 5% drop in UK outbound travel and tourism trips in 2020, because of the stifled economic backdrop and impact of a weaker pound. Ireland and Spain would be the hardest hit from fewer UK visitors. In contrast, the weaker pound could mean that UK tourism inflows are 4% higher in a “no-deal” scenario, provided there is no travel disruption. But lower levels of domestic tourism mean that we would expect UK travel and tourism GDP to be 2% lower than our baseline forecast in 2020.
Experienced investors know that risk and reward are close companions. There are certain African economies that no serious investor on the continent can reasonably overlook. South Africa, Nigeria and Egypt, the continent’s heavy hitters, are justifiably on every investor’s radar and the recent recovery in Nigeria and South Africa are good signs for businesses.
Oxford Economics has once again collaborated with the Air Transport Action Group (ATAG) to provide the most comprehensive estimate of the the value of the world’s aviation sector. We estimate that in 2016, the air transport sector and the tourism it facilitates supported a $2.7 trillion to global GDP and 65.5 million jobs.