The ability of industries to adapt and mitigate climate change depends on the capabilities the industry developed to adapt to change. This includes how well the company has used digitalisation to adapt to market trends. For example, the insurance industry is automating its processes with AI to increase efficiency and improve its abilities to manage risk. The industries that are able to successfully adapt and digitalise their assets also develop capabilities that make them more resilient to change. By expanding their technological abilities (such as investing in AI), the companies that are leaders of these industries can face and deal with risks and adapt to change.

In the modern era, everything around us is changing constantly. With ever-changing IT landscape, 2019 was no different. The year witnessed many disruptive technologies emerge and make headlines worldwide. Technologies like Artificial Intelligence, Machine Learning, Cloud, Blockchain and many more became the brainstorming topics of discussion for boardrooms, where as 5G was the show stopper the whole year. These technologies will continue to impact businesses in 2020 and will certainly become integral parts of companies' plans to lead in the future.