How to stay relevant in today’s economy
The car took 62 years to reach 50 million users, the TV did it in 22 years, and Facebook managed the same feat in just three years. In today’s fast-changing world, companies must adapt to survive. So how can a company stay relevant in this environment? Iain Fulton, Investment Director at Nikko Asset Management Australia, says that it’s not good enough to invest in what’s relevant today, we have to invest ahead of the curve.
He shares the example of TransUnion, the American credit reporting agency. Five years ago, TransUnion begun investing in cloud-based infrastructure so they could deliver faster and more detailed credit information to their clients. Today, they’re reaping the benefits as they can now charge a higher price than their competitors. Watch the full video below to learn why some companies fail to stay relevant.
Learn more
The future return on investment and the growth of a company's cash flows are key focus points. Iain's team seek companies where the future is not reflected in today's valuations. To find out more click the contact button below.
The stocks mentioned in this wire are for illustrative purposes only and are not a recommendation.
1 topic
1 contributor mentioned