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Opportunities abound in the water industry amidst changing conditions, says Frost & Sullivan

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Opportunities abound in the waterOpportunities abound in the water industry amidst changing conditions, says Frost & Sullivan PR Newswire SINGAPORE, Jan. 22, 2014 ~ Frost & Sullivan identifies several key success factors in troubled times for water companies~ The water industry has always been resilient in the rough economic conditions, with it being a matter of national interest and international importance, with one of its key functions being to support socioeconomic activities. With the water industry landscape rapidly changing with globalisation of economies and technologies, companies need to constantly reinvent themselves to stay ahead in the fragmented water market place. 2014: Forget about SWOT and PESTLE analysis for now In Asia, the emergence of economic powerhouses such as China, India, and Indonesia has increased their demand for water, which is essential for societal and industrial development. However, truly successful water companies look beyond just finances and technologies to encompass a holistic view of the water business environment. "Water companies are facing multi-dimensional challenges since the new millennium as competition becomes saturated with numerous market participants offering similar products and services, compounded by the fluctuating global economy," explains Melvin Leong, Research Manager, Energy & Environment Practice, Frost & Sullivan Asia Pacific.

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Published 22 January 2014
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Language English
Opportunities abound in the water industry amidst changing conditions, says Frost & Sullivan

PR Newswire

~ Frost & Sullivan identifies several key success factors in troubled times for water companies~

The water industry has always been resilient in the rough economic conditions, with it being a matter of national interest and international importance, with one of its key functions being to support socioeconomic activities. With the water industry landscape rapidly changing with globalisation of economies and technologies, companies need to constantly reinvent themselves to stay ahead in the fragmented water market place.

2014: Forget about SWOT and PESTLE analysis for now