#GetTheFutureYouWantThe eco-digital eraTMTHE DUAL TRANSITION TO A SUSTAINABLE AND DIGITAL ECONOMYExecutive Summary In the eco-digital eraTM, the economy is undergoing a dual transition, delivering economic, environmental, and social value.Our research reveals that nearly eight in ten organizations (77%) agree that we are experiencing a dual transition towards a more digital and sustainable world.DigitalSustainabilityECO-DIGITAL ERATMFocus on economic, environmental,and social gainsDiverse talentScaling digital technologiesDigital platformsNew revenue streamsCollaborative ecosystemsSoftware-defined transformationExploring emerging tech (Gen AI, SynBio)Sustainable business models2Capgemini Research Institute and Digital Value Lab at the Digital Data and Design Institute at Harvard 2024The eco-digital eraTM: The dual transition to a sustainable and digital economyExecutive Summary The eco-digital economy is expected to double in size over the next five years, with a CAGR of 15%. • The eco-digital economy is poised for substantial growth, projected to expand from the current $16.6 trillion to around $33 trillion by 2028. • This shift is underlined by digital technologies playing a role in emissions reduction, more than offsetting their own carbon footprints. • However, we are at the dawn of the eco-digital eraTM; the vast untapped potential of digital technologies awaits exploration.Scaling up of mainstream digital tech, emergence of new innovations, and sustainability investments will fuel this growth. • Digital investment as a proportion of revenue is also expected to double in the next five years.• A majority (60%) of organizations express confidence in technology's potential to expedite the achievement of sustainability goals, leading to increased investment in digital solutions for their sustainability impact.• Scalable adoption of data analytics and cloud solutions will unlock new revenue streams, enhancing cost efficiencies and expediting sustainability initiatives.• Digital platforms and collaborative ecosystems are set to gain prominence.• Nearly half of organizations are currently developing a strategy to harness the potential of emerging technologies, suggesting a widespread forward-looking approach.Significant business benefits await those organizations that can harness digital tech. • Scaling technologies promises significant business advantages across the entire value chain. • As well as greater efficiency, digital technologies present substantial cost savings, paving the way for additional investment opportunities.• Furthermore, the adoption of digital technologies will catalyze the evolution of sustainable business models.3Capgemini Research Institute and Digital Value Lab at the Digital Data and Design Institute at Harvard 2024The eco-digital eraTM: The dual transition to a sustainable and digital economyExecutive Summary Optimal integration of digital and sustainabil...
