|By PR Newswire||
|April 2, 2014 07:02 AM EDT||
- A new concept of 'frugal innovation' will be crucial to address the market challenges of the next few years
LONDON, April 2, 2014 /PRNewswire/ -- New trends in the Healthcare industry will be examined at Frost & Sullivan's annual congress GIL 2014: Europe, with a focus on the key market drivers in Europe and beyond over the next few years. The event returns to London for its sixth consecutive year on Wednesday 14th May at the Royal Garden Hotel in Kensington.
Frost & Sullivan Partner and Director of Healthcare EIA Dorman Followwill explains: "One of the greatest challenges facing humanity is how to deliver quality healthcare to every patient globally in a sustainably affordable way. New thinking about innovation will be crucial to meeting this great challenge".
According to Frost & Sullivan, there is an urgent need for affordable, yet sustainable innovation. "At GIL Europe 2014, we will discuss a new type of innovation ideally suited to address these global challenges: frugal innovation", adds Mr. Followwill. "We will look at a key case study and explore emerging business models based on frugal innovation as a new means of translating the global healthcare innovation mandate into significant economic opportunity over time."
The UK is projected by the Bank of England to be the fastest growing economy in the West by the end of 2014. How can Healthcare industry leaders leverage this growth and make their businesses successful? The congress will try to answer this and many more questions, and to shed some light over the next few years.
The congress will kick off at 9 am with a welcome address by the Head of UK Operations, Partner Gary Jeffery followed by an inspiring keynote by Mr. Followwill.
Highlights will include: The New Mega Trends - Macro to Micro Opportunities for Future Business, Cultures, and Personal Lives by Partner Sarwant Singh; Global Smart City Market – A $1.5 Trillion Market Opportunity by 2020, Industry Convergence Trends and Workshop, Exploring the Vortex of Innovation Driving New Concepts, Products and Services, and the 2014 Frost & Sullivan Growth Excellence Awards Banquet.
Frost & Sullivan will also present its multi Award-winning consultative sales and management development programme, Helix, which enabled a major European company to deliver an 18.5 percent increase in gross margin through a re-energised sales force focused on selling value.
This annual one-day congress is part of Frost & Sullivan's exclusive GIL community that represents a worldwide network of over 5,000 senior executives.
For attending Frost & Sullivan's congress, or to inquire about sponsorship and media partnership opportunities, please email Anna Zanchi, Corporate Communications, at [email protected]
Frost & Sullivan's Global GIL Community continues to be the industry's only resource that supports CEOs and their management teams in critical decision-making, offering tools that help industry leaders in achieving the three essential objectives of Growth, Innovation and Leadership. GIL 2014: Europe will provide CEOs and their growth teams an opportunity not just to attend GIL, but to actually experience it.
GIL 2014: Europe
Royal Garden, Kensington, in London
The Global Community of Growth, Innovation and Leadership
14 May 2014
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. For more than 50 years, we have been developing growth strategies for the global 1000, emerging businesses, the public sector and the investment community. Is your organization prepared for the next profound wave of industry convergence, disruptive technologies, increasing competitive intensity, Mega Trends, breakthrough best practices, changing customer dynamics and emerging economies? Contact us: Start the discussion