Organized by The Economist, the panel “Crystal Balls: Future of the App Economy” also featured John Chambers, Executive Chairman, Cisco Systems; Michael Gregoire, Chief Executive Officer, CA Technologies; Toomas Hendrik Ilves, President of Estonia; and Erik Hersman, CEO, BRCK and Founder, iHub Nairobi. The discussion was led by Matthew Bishop, Editorial Director, New Initiatives, The Economist.
Suominen argued that never in human history has it been as possible for even the smallest companies to scale globally, raise capital, and tap talent. She highlighted opportunities for companies big and small to unlock key sources of growth - company-wide digitization initiatives to create new efficiencies, use of mobile technologies to reach B2C and B2B markets worldwide, and public policy initiatives to harness global digital dividends - end digital protectionism and bridge global digital divides. These growth drivers, when tapped, will add trillions of dollars in the global GDP and leave concerns about secular stagnation behind, Suominen argued. Executives from Fortune 500 companies and startups participated.