Baker McKenzie's TMT Looking Ahead 2022 five-part series explores key themes, offers timely insights, and lays out recommendations for technology, media and telecommunication (TMT) companies looking to navigate the latest industry developments. Topics covered include tech regulation and compliance, tech M&A, interactive entertainment, 5G as a driver of digital transformation and TMT as the driver of change.
Report 1: Tech Regulation and Compliance
The TMT industry drives the rapid pace and scope of digital transformation through new strategies and the development of innovative technologies, products and services that help to refine how we work, live and do business. As the pace of innovation accelerates, new regulatory and compliance questions and considerations will continue to arise.
Report 2: Tech Mergers & Acquisitions
Competitive TMT companies are using M&A, joint ventures and strategic alliances to access technology in order to create innovative solutions and services. Given deal volume, speed and complexity, companies need to manage risk and regulatory implications in order to achieve deal certainty as they reshape or grow their business, particularly with cross-border M&A and large-scale investments.
Report 3: Interactive Entertainment and Metaverses
Emerging new interactive entertainment technologies and metaverses are creating opportunities for companies to scale and diversify their businesses. On the transactional front, innovators are rolling up assets via SPACS or existing publicly listed entities to achieve competitive advantage. With this watershed moment comes the need for companies to consider how to manage heightened regulatory scrutiny vis-a-vis consumer protection, antitrust, data and more.
Report 4: 5G as a Driver of Digital Transformation
5G is helping to drive important business opportunities with its high-speed connections, ultra-low latency and ability to transmit huge volumes of data and enable simultaneous connections with multiple devices. As businesses seek to leverage 5G technology, find out what blind spots exist and how connected solutions can help.
Report 5: TMT Industry as the Driver of Change
TMT companies are often the first to develop innovative solutions and to face increasingly sophisticated regulation of key technologies they develop. As such, they have a unique opportunity to shape many areas including data strategies aligned to I&D, the future of remote work, and due diligence requirements for supply chains. A focus on data ethics underscores companies' management of tangled data regulations and obligations as stewards of data. Additionally, TMT companies will also continue to develop and support innovative technologies to access and store renewable energy.
*Zhenyu Ruan, senior counsel at Baker McKenzie FenXun, participated in this report. Ruan is a senior counsel of FenXun Partners, which is a premier Chinese law firm. FenXun established a joint operation office with Baker McKenzie in China as Baker McKenzie FenXun, which was approved by the Shanghai Justice Bureau in 2015.