IABM has successfully concluded its 10th Annual International Business Conference & Awards where it released the key findings from its research study. These included year on year sales growth of 7.7 per cent, year on year profit growth of 11.2 per cent and 68.1 per cent of companies in profit. However, market confidence was down from last year.
Covering four broad themes business overview, corporate intelligence, influence of technology and critical success factors the conference was chaired by John Ive, director of business development and technology, IABM, and the key research highlights presented by Peter White, CEO, IABM, to open the conference agenda.
“The industry is still in a state of unparalleled change,” said White. “And while we deal with the challenges associated with this shift, it is heartening to see that overall the outlook is positive.
“This conference has been designed to deliver practical solutions and advice to our members on how best to cope with these changes, against the backdrop of finding new business models, operating in a multi-platform content delivery environment and handling the cultural shift from hardware-based broadcast technology, to software-led operations.”
The event featured key industry figures and experts delivering presentations and participating in panel debates that covered topics such as new business models, the adoption of IP across broadcast workflows, cloud and software-defined environments, and consumer trends.
“The collaborative and interactive nature of the conference is a key feature and differentiator of our event. Once again attendees gained benefit from the range of dynamic views, opinions and ideas that were presented over the two days. In addition to spurring lively debate, the discussions provided many ideas on moving forward and how to cope with this tremendous change in the industry,” concluded White.