Horizon scanning – Navigating 2030

The population of the world is aging, as people are living longer and longer. An aging population is predicted to increase costs for healthcare and pensions. Knowit has many clients in the public sector, which is expected to have successively less economic power due to gradually increased societal costs for an aging population, poor health, and climate change. 

In Sweden, for instance, a huge economic deficit is predicted within healthcare in 2024. At the same time, these economic challenges create new business possibilities for Knowit, as the Company can contribute to creating digitalized services and products that can increase efficiency and sustainability in the public sector.

The development toward a connected and interconnected world can be summarized as digitalization and automation, which accelerate innovation, as sharing new ideas can be done more easily and quickly. 

Within the AI field, the development is very fast and creates entirely new business opportunities for Knowit, while it also creates a risk that some tasks disappear and are replaced by AI. New technology, faster connectivity, and AI not only change our way of life, but also affect our values and relationships. 

There is a “Global Tech Revolution” going on, where the amount of data processed and stored and the number of devices connected to the internet continues to grow exponentially. An increasing connected world creates very good business opportunities for Knowit, as this results in higher demands for IT system development and an increased need for cybersecurity solutions.

The global work with decreasing emissions in order to realize the Paris Agreement does not appear to be going to reach neither the 1.5- nor the 2-degree goal, creating increased risks of extreme weather events, raised sea levels, and ultimately greater movements of climate refugees.

By taking on a clearer role as a solution provider, Knowit can both create new innovative business models and contribute to decreased emissions. By developing services that help clients to learn about their direct and indirect emissions, for instance by following up on energy use, creating transparency on the CO2 impact of e-commerce, and helping clients streamline logistics and transportation, Knowit can contribute to lower emissions.

Further, Knowit can – by developing solutions that increase clients’ connection possibilities, promote the usage of public transportation, renewable energy, and systems that gather information on energy use – contribute to both increasing transparency on clients’ CO2 emissions and help them decrease these emissions.