Picture Credit: Gartner Group
Top Strategic Predictions for 2017 and Beyond
Surviving the Storm-Winds of Digital Disruption – Gartner Group
Digital Business Innovation creates disruptive effects that have wide-ranging impact on people and technology. However, the secondary effects will often prove to be more disruptive than the original disruption. Digital Strategists in end user organizations must recognize, prioritize, and respond at the speed of digital change.
1. Artificial Intelligence & Advanced Machine Learning: This includes technologies such as deep learning, neural networks and natural-language processing, as well as more advanced systems that understand, learn, predict, adapt and potentially operate autonomously. The one who has data and information is the King. With Gartner’s research arming the public with data and information, it is time to make some informed and astute investment decisions heading into 2017.
2. Intelligent Apps: Intelligent apps include technologies like virtual personal assistants (VPAs), which have the potential to transform the workplace by making everyday tasks easier and its users more effective. Additionally, every existing software category from security tooling to enterprise applications such as marketing or ERP will be infused with AI-enabled capabilities. By 2018, Gartner expects most of the world’s largest 200 companies to exploit intelligent apps.
3. Intelligent Things: New intelligent things currently belong in the three categories: robots, drones and autonomous vehicles. Companies working on these include:
- Ambarella Inc (NASDAQ: AMBA).
- GoPro Inc (NASDAQ: GPRO).
- InvenSense Inc (NYSE: INVN).
- IXYS Corporation (NASDAQ: IXYS).
- Lockheed Martin Corporation (NYSE: LMT).
- Northrop Grumman Corporation (NYSE: NOC).
- Elon Musk’s SpaceX.
- And others …
4. Virtual & Augmented Reality: VR&AR as they are called in short are set to transform the way individuals interact with each other and with software systems by immersing the user. VR helps to create a virtual world that users can interact with, with users finding it difficult to differentiate what is real and what is virtual. This is achieved by wearing Facebook Inc (NASDAQ: FB)’s Oculus Rift or similar devices. AR is blending VR and real life as developers create images within applications that blend in with contents in the real world.
5. Digital Twins: Digital Twins is a dynamic software model of a physical thing or system. It can be used to analyze and simulate real world conditions, respond to changes, improve operations and add value using data on how the components of a thing operate and respond to the environment and data provided by sensors. It can be used as a proxy for skilled individuals and traditional monitoring devices.
6. Blockchain: Blockchain is a distributed ledger in which value exchange transactions in bitcoin, etc. are sequentially grouped into blocks. It holds promise in industries like music distribution, identity verification and title registry. Blockchain adds trust to untrusted environments and reduce business frictions by giving transparent access to information in the chain.
7. Conversational Systems: Conversational systems that allow computers to hear and adopt to a person’s desired outcome use text, voice, sight, sound, tactile, etc. to communicate across the digital device mesh such as sensors, appliances, IoT systems, etc.
8. Mesh App and Service Architecture, or MASA: Mesh is a new way of organizing, planning and communicating with peers for any kind of group activity, big or small, with the mesh providing for combining the functionality of several apps into one concise app. The MASA is a multi-channel solution architecture that leverages cloud and server-less computing, containers and microservices as well as APIs and events to deliver modular, flexible and dynamic solutions.
9. Digital Technology Platforms: Digital Technology Platforms is a term for multimedia platforms that performs various business functions. To stay competitive, companies are required to identify how industry platforms will evolve and plan ways to evolve their platforms to meet the challenges of digital business. Usually businesses have a mixed of five digital technology platforms, including: Information Systems, customer experience, analytics & intelligence, the IoT and business ecosystems.
10. Adaptive Security Architecture: Given the challenges the IoT (Internet of Things) environment offers to security, security teams need to work with application, solution and enterprise architects early in the design of applications or IoT solutions.