Digital Ecosystem Convergence between IT, Telecoms, Media and Entertainment: Scenarios to 2015

Digital Ecosystem Convergence between IT, Telecoms, Media and Entertainment: Scenarios to 2015 

To understand how the Digital Ecosystem could plausibly evolve in the coming 10 years, we need to look at the critical uncertainties and those factors shaping the ecosystem’s evolution. 

The scenarios leading to 2015 reflects mixed realities with convergence from the nexus of telecom, media and entertainment, redefining interactions in the socio-economic and political spheres.

 

Broadband adoption, technological advances and decreased operating costs have pushed the IT, Telecommunications and Media and Entertainment industries into a period of great flux. As they converge, they are forming a space we could call the Digital Ecosystem. This emerging Digital Ecosystem is generating many risks and challenges for government policies, as well as presenting new opportunities for creating social and economic value. Just as any healthy ecosystem enables its stakeholders to interact to the benefit of all, a healthy Digital Ecosystem will simultaneously enable its commercial participants to create economic value and deliver well-being to society. The critical uncertainties we focus on are user empowerment, market structure, market regulation, Intellectual Property Rights, security and privacy.

The Digital Ecosystem is forming as the Information Technology, Telecommunications, and Media and Entertainment industries converge, users evolve from mere consumers to active participants, and governments face policy and regulatory challenges. Its stakeholders are questioning the shape and size it will take. They are aware of their inter-dependencies necessary to enable the Digital Ecosystem to evolve into a healthy environment that both creates economic value and adds well being to society.

US Ambassador Munter Hosts the Record Breaking Pakistan Fast Growth 25 Winners

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Originally uploaded by U.S. Embassy Pakistan

The Pakistan 25 entrepreneurs take the world stage

The Pakistan 25 entrepreneurs, who broke records for eight countries in the Middle East, South Asia and Africa for year-over-year growth, stepped onto the world stage at an event hosted by US Ambassador Cameron Munter. To recognize the achievements of the entrepreneurs, the Ambassador was joined by Pakistan’s Minister of Finance, Revenue, Economic Affairs and Statistics Dr. Adbul Hafeez Shaikh and AllWorld Co-Founder Anne Habiby.

The Pakistan Fast Growth 25, a ranking of fast growth entrepreneurial companies, is a program of AllWorld Network in partnership with Harvard Business School Professor Michael Porter and was launched in collaboration with JS Bank Limited. Also joining Ambassador Munter was JS Bank’s Director of Communications, Knowledge Partner Mishal (Pvt.) Ltd. and Pakistan 25 Nominating Partners from SME Committee of FPCCI, Rawalpindi Chamber of Commerce & Industry, TiE-Lahore, and P@sha.

Ambassador Munter stated, “Tonight we have come together to celebrate the 25 fastest growing companies in Pakistan. They represent companies in areas as diverse as telecommunications, agriculture, and textiles. They represent high growth rates and the creation of 12,000 jobs. But most importantly, they represent innovation and entrepreneurship – and a bright future for this great nation.”

Finance Minister, Dr Abdul Hafeez Shaikh, commented on the occasion, “the power of the Pakistan 25 is to surface new horizons for growth, to quicken the pace of economic development, and to be a catalyst for transparency and progress. The AllWorld Pakistan 25 Entrepreneurs set a new benchmark for entrepreneurship and progress in Pakistan as well as in other developing countries.”
As a group, the Pakistan 25 broke AllWorld records for eight countries, posting a 81% annual growth rate between 2007 and 2009 with an average size of 400 employees per company.

“The dynamic Pakistan 25 entrepreneurs are the country’s economic heroes and tonight they step on to the world stage as Pakistan’s Ambassadors of progress and prosperity,” says Anne Habiby, co-founder of AllWorld Network. “Building on the stunning success of the Pakistan 25, we are inviting all growth entrepreneurs to apply to the Pakistan 100 to gain the worldwide visibility they need and deserve.”

Peter Tichansky, President of Business Council for International Understanding, an AllWorld Global Partner who helped initiative the Pakistan 25 said “Pakistanis needs jobs. These entrepreneurs and others like them may be Pakistan’s best hope in creating them. As AllWorld winners, they become role models for aspiring entrepreneurs throughout the country.”

In August all private companies from any part of the country was invited to apply. Close to 100 companies competed for a spot on the Pakistan 25. Only the fastest growing private companies make the list, and each company is credentialed by AllWorld based on strenuous international standards. Applicants much complete a detailed survey of business strategy and operations and provide audited statements or an audit letter to verify revenues. While only a ranking of 25 companies, 30 companies were credentialed as AllWorld Entrepreneurs. Twenty-four companies older than three years old made the ranking and an additional 6 younger companies are Companies to Watch. Of the 30 companies that made the Pakistan 25, Lahore had the most number with 12 winners and Karachi came in a close second with 10 winners.

As AllWorld Entrepreneurs, the Pakistan 25|100 will have the opportunity to network with other AllWorld winners from the Middle East, Asia and Africa and the top winners of the Pakistan 25|100 are invited to the AllWorld Summit at Harvard University in November 2011.

AllWorld was co-founded by Deirdre Coyle, Anne Habiby and Porter. Professor Porter was described by the Times of London as the world’s “most influential management guru” and is widely regarded at the foremost authority on company and country competitiveness. AllWorld aims to advance ALL the growth entrepreneurs of the emerging world, and building the largest entrepreneurship information system in the world.

Companies are invited to apply for the Pakistan 100 at AllWorldLive.com at the Asia 500 section. For more information on the Pakistan 25|100 visit www.allworldlive.com

Why Pakistan 25?
• The Pakistan 25 companies are led by dynamic men and women who represent a new future of the country. They send a message around the world that Pakistan is a strong country for entrepreneurship.
• The Pakistan 25 will put Pakistan’s growth entrepreneurs on the global radar screen.
• The Pakistan 25 will highlight the role of the private sector in generating new ideas, new jobs and new industries. The Pakistan Fast Growth 25 will help identify entrepreneurship path for others to follow.
• The solution to Pakistan’s economic challenges lies not in foreign lands, but in the entrepreneurial talent of its own citizens. Pakistani entrepreneurs have flourished in spite of some of the most restricting economic and security environments in the world. The Pakistan Fast Growth 25 is recognition of the spirit of these dynamic men and women who are a great resource and the best bet for Pakistan’s future.

The New Economic Ambassadors

• Several Pakistan 25 winners and our sponsor JS Bank briefed the US Chamber of Commerce and the State Department on growth entrepreneurship in Pakistan. One US Government official declared - "this was the most dynamic group of Pakistan's representatives we have ever met".

Additional Background

• ALLWORLD NETWORK PARTNERS IN PAKISTAN
- JS Bank Limited www.jsbl.com
- FPCCI Standing Committee on SME www.fpcci.com.pk
- Rawalpindi Chamber of Commerce & Industry www.rcci.org.pk
- TiE-Lahore - www.tie.org
- P@SHA
- Mishal (Pvt.) Ltd. www.mishal.com.pk


• PAKISTAN 100 QUALIFYING CRITERIA

- Be an independent, private, for-profit, corporation or partnership, or proprietorship.

- Must NOT be a non-profit, holding company, franchise, bank or utility company. Private companies established by government or where government is a majority stakeholder, are also NOT eligible.

- Have 10 or more full-time employees in 2009.

- Have a minimum 3-year operating history, and revenue (USD) of at least $100,000 in 2007 and $500,000 in 2009. Younger companies can compete to be a “Company to Watch.”

- Provide audited statements or an audit letter to confirm your company's revenues.

AllWorld Network announces Pakistan Fast Growth 25 winners

The Pakistan Fast Growth 25 companies have grown an average of 81% a year for the past three years.  They paint Pakistan in a new light, suggesting that Pakistan is a strong country for entrepreneurship

The AllWorld Network announced in Pakistan and world-wide the winners of the Pakistan Fast Growth 25, a ranking of fast growth entrepreneurial companies.  The Pakistan Fast Growth 25 is a program of AllWorld Network in partnership with Harvard Business SchoolProfessor Michael Porter and was launched in collaboration with JS Bank Limited.  Joining the Pakistan 25 were Nominating PartnersFPCCI, Rawalpindi Chamber of Commerce; Industry, TiE, P@sha and Knowledge PartnerMishal (Pvt.) Ltd. 


As a group, the Pakistan 25 broke AllWorld records for high growth of 8 countries in the Middle East, Africa and South Asia.  The companies who made the Pakistan 25 posted a 81% annual growth rate between 2007 and 2009 with an average size of 400 employees per company, and since inception they have created 12,000 jobs.  On average the entrepreneurs are 41 years old, with a number having founded other successful companies.  Leading the Pakistan 25 growth rankings are companies in High-Tech and Telecommunications, and Agriculture and Textiles.  Many of these rising Pakistan 25 companies are not just serving local markets, but are competing globally. 

“These results despite all odds project the force and sheer passion of these vibrant business leaders. At JS Bank, we have always supported entrepreneurs and have taken initiatives that create an environment friendlier for within the entrepreneurship space. We are pleased to see our partnership with Allworld bring to frontline such amazing success stories of these compelling entrepreneurs.” Kalim ur Rehman, President JS Bank.

Added Malik Ahmad Jalal, AllWorld’s Director of the Pakistan 25 “Pakistani entrepreneurs have flourished in spite of some of the most restricting economic and security environments in the world. These dynamic men and women are a great resource and the best bet for Pakistan’s future.  We are honored that US Ambassador Cameron Munter will host the Awards Celebration for the winners at his residence on 24 January 2011.  Also joining Ambassador Munter to recognize the winners will be Pakistan Minister Abdul Hafeez Shaikh and other VIPS.” 

In August all private companies from any part of the country was invited to apply.  Close to 100 companies competed for a spot on the Pakistan 25.  Only the fastest growing private companies make the list, and each company is credentialed by AllWorld based on strenuous international standards.  Applicants much complete a detailed survey of business strategy and operations and provide audited statements or an audit letter to verify revenues.  While only a ranking of 25 companies, 30 companies were credentialed as AllWorld Entrepreneurs.  Twenty 24 companies older the three years old made the ranking and an additional 6 younger companies are Companies to Watch.   Of the 30 companies that made the Pakistan 25, Lahore had the most number with 12 winners and Karachi came in a close second with 10 winners.

The top three companies were founded by a tribal leader, three friends from university, and Pakistani-American from Silicon Valley. Leading the Pakistan 25 is #1 company Exceed (Pvt.) Ltd of Islamabad, with a revenue growth rate of 1,350% between 2007 and 2009.  Exceed was founded by Mr. Sardar Hayaat Muhammed Khan Mandokhel in 2004 when he was 24 years old.  Exceed is  primarily a construction company and is best known for the Saidpur Model Village which Exceed restored as an 18th Century city-museum.  The founder of Exceed, now 30-years old, is also the youngest entrepreneur on the Pakistan 25.

At #2 on the Pakistan 25 is NayaTel, established in 2004 and now with over 500 employees.  After many years in government service and industry, three university friends joined forces to found NayaTel.  NayaTel launched South Asia's first fiber to the home (FTTH)/fiber to the user (FTTU) network in Islamabad in 2006. This state of the art fiber wiring now serves 6,000 home and company users, and is key to providing the country’s capital city with a robust telecom infrastructure. 

At #3 on the Pakistan 25 is Arpatech, which like the top two winners was also established in 2004.  Arpatech was founded by Pakistani-AmericanJamal Khan who studied in the US and worked for five years with a leading Silicon Valley technology firm.  He established Arpatech which now employs a team of 70 in Pakistan and is one of the most successful software houses serving companies all over the world with services from application development to network security.

CLICK HERE TO SEE THE FULL LIST OF THE PAKISTAN 25.

As a group, the Pakistan 25 report their major constraint to growth is finding qualified manager and employees.  This is the number one constraint experienced by growth companies the world over.  The second major constraint to growth is Government Red Tape.

AllWorld was co-founded by Deirdre Coyle, Anne Habiby and Porter.  Professor Porter was described by the Times of London as the world’s “most influential management guru” and is widely regarded at the foremost authority on company and country competitiveness.   “The Pakistan 25 companies, led by dynamic men and women, represent the leading edge of a new approach to Pakistan’s competitiveness” says Porter. As AllWorld Entrepreneurs, the Pakistan 25 will have the opportunity to network with other AllWorld winners from the Middle East, Asia and Africa and the top winners of the Pakistan 25|100 are invited to the AllWorld Summit at Harvard University in November 2011.

AllWorld is also launching the Pakistan 100, and companies are invited to apply at AllWorldLive.com at the Asia 500 section.  AllWorld aims to advance ALL the growth entrepreneurs of the emerging world, and building the largest entrepreneurship information system in the world.