Prysm Group, a leading firm in economic consulting and executive education of emerging technologies, announces today it has been ranked No. 451 on Inc. Magazine's prestigious Inc. 5000 list of fastest-growing privately owned companies in America. Its debut on the list places the firm as the 37th fastest growing in the category of business products and services and the fastest growing focused on corporate learning.
MIAMI BEACH, Fla., Aug. 24, 2022 /PRNewswire-PRWeb/ -- Prysm Group, a leading firm in economic consulting and executive education of emerging technologies, announces today it has been ranked No. 451 on Inc. Magazine's prestigious Inc. 5000 list of fastest-growing privately owned companies in America. Founded in 2018, Prysm Group has achieved 1,378% growth over the last three years. Serving many of the country's organizations leading the adoption of emerging technologies, including Fortune 500s companies, Big Four accounting firms, venture-backed startups, and government agencies, Prysm Group has earned a reputation as a trusted source of information on how entities can identify, create, and capture value by adopting emerging technologies.
Focused on emerging technologies including augmented reality (AR), blockchain, digital assets, Internet of Things (IoT), the metaverse, and virtual reality (VR), Prysm Group has developed programs with leading graduate and business schools, including Columbia Business School, MIT Sloan School of Management, USC Viterbi School of Engineering, and the Wharton School of the University of Pennsylvania, where it has launched Wharton's first two online, asynchronous executive education certificate Web3 programs: Economics of Blockchain and Digital Assets and Business in the Metaverse Economy.
Prysm Group's debut on the list places the firm as the 37th fastest growing company in the country in the category of business products and services and the fastest growing focused on corporate learning. According to Prysm Group Managing Partner Guido Molinari, the firm's online executive education offering will further boost the company's growth. He states, "with the inherent evolution and uncertainty around emerging technologies, companies must continue to stay on top of these trends by leveraging on a specialized learning institutional offering. Using the models and frameworks we have developed throughout years of working with clients that we present in our programs, executives can determine whether or not a particular new technology will be valuable for their business or not."
When asked about what's next for Prysm Group and emerging technologies, Prysm Group Founding Economist Dr. Cathy Barrera says, "from a business adoption perspective, the metaverse, which is the subject of our latest executive program with the Wharton School, is just starting to become explored." She continues, "looking at recent reports from Citigroup, Goldman Sachs, and McKinsey & Company, the former of which estimates the metaverse will have a total addressable market of up to $13 trillion by 2030 with five billion users, signals indicate that this will be a key growth driver for leading organizations."
Through its newly published report, Technological Adoptions: A Cost-Benefit Analysis, Prysm Group seeks to further educate business leaders about the adoption of emerging technologies. By considering the economic incentives of businesses, and the option of adopting them by individual consumers, the firm's report presents frameworks for business leaders to assess which technologies will thrive versus which will fall short.
Looking ahead to 2023, as a growing number of companies will pass the breakeven point in adopting certain emerging technologies, thereby shifting their role from innovation to implementation, Prysm Group will continue to support industry leaders in their ongoing efforts in organizational transformation.
About Prysm Group
Prysm Group is an economic consulting and executive education firm focused on emerging technologies. Founded by Harvard Ph.D. economists, the firm assists enterprises, governments, and startups in the adoption and implementation of blockchain, digital assets, and the metaverse through its advisory and educational services. Prysm Group's areas of expertise include incentive design, monetization, and governance for both open and closed blockchain and metaverse platforms. The firm delivers its executive education program in partnership with the Wharton School. To learn more about Prysm Group, visit http://www.prysmgroup.io.
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Media Contact
Reed Cataldo, Prysm Group, 1 3128066163, [email protected]
SOURCE Prysm Group
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