Space-Based Energy To Move The World To Net Zero And More
Now You KnOW features quick insightful takes on the issues of the day that matter most to you. ?
Weekend must read?
Solar panels placed in orbit can collect sunlight 24 hours a day, seven days a week with no interference from the atmosphere. That energy can then be beamed to Earth via high-frequency radio waves. It could be a continuously available source of completely decarbonized energy.
A potentially multibillion-dollar market, space-based energy is likely to attract investment from a variety of industrial players, including aerospace and power companies looking to expand their green energy portfolio, as well as electronics corporations with Earth technologies who could upgrade to work in orbit. While public funding can finance initial studies and concepts, the fastest and most cost-effective way to develop this technology is through a multi-industry consortium of players, all interested in sharing risks and rewards and with a clear mission to develop clean energy for our planet.?
Did you know??
The total market for quick commerce in Europe could nearly double to €8.7 billion in the next five years??
With delivery times of 30 minutes or less, quick commerce providers are succeeding in taking away sales from stationary food retailers, and rapidly changing how customers shop. But whether it can replace brick-and-mortar stores for good depends on many variables. We share how German, French, and Dutch consumers are thinking about quick commerce in the results of our latest survey.??
Industry briefing?
Effects of rising income inequality: Over the past 50 years, economists and market participants have introduced increasingly sophisticated models to explain the ups and downs of the equity markets. With some adjustments to corporate earnings, measures and risk-free rates, these methods describe market movements well. But there is a simpler way — thinking of markets as high-end consumer goods subject to supply and demand can simply account for how equities behave.?
Modernizing core bank technology: A successful bank technology modernization strategy should include a comprehensive look at all of a bank’s technological needs from front-end channels like teller or digital banking to loan origination, risk and fraud management. Ahead of a bank going through technology planning it should consider these three questions to determine its core upgrade decision.?
Corporate scoop?
Bringing optimism on equity: Gen Zers expect fair pay, inclusive policies and transparency. When those attributes don’t materialize, they leave. Unlike previous generations, Gen Zers are unafraid to demand benefits that address key issues such as mental health, infertility, and other once-taboo topics. Even though their oldest members are turning 26 this year, they are already reshaping society, the economy and the workplace. Companies that ignore Gen Z do so at their peril. Here's what you need to know.?
Reinventing insurance with generative AI: Just as iPhone technology transformed the way we communicate, generative artificial intelligence is creating new opportunities and efficiencies for the insurance industry. Our insurance team has been working with leaders to augment and reinvent significant areas of their business. Find out how insurers can get started, what risk considerations need to be made, and the key actions for industry reinvention.?
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Oliver Wyman in the news?
Who to follow?
Caroline Gibbons, partner in our Private Capital and Transportation Practices?
Zia Bhadiar, partner in our Communications, Media, and Technology Practice??
Julian Granger-Bevan, partner leading our digital delivery work in Australia??
Working at Oliver Wyman?
It may be the last day of #WomensHistoryMonth but we are always committed to celebrating the contributions of women all year round. Here are some of the incredible women at Oliver Wyman whose achievements have been recognized by external organizations around the world.?