Trends Identified
Data to Analytics to Machine Learning to AI
At the center of all of these technological trends and in the center of this list falls the linchpin to so many of these trends and to digital transformation as a whole. Data is key to companies being able to make good decisions about products, services, employees, strategy and more. We won’t see a slowdown anytime soon. As recent data has shown we have created 90% of the world’s data in the past year, research is also showing that we are only using 1% of the data effectively. While being in the top 1% is often a good thing, this is a 1% that most of us preaching the power of analytics should be ashamed about. With a plethora of companies like Microsoft, SAP, SAS and Salesforce (just to name a few) showing market leadership in the promotion of data being made into meaningful business analytics, there is much to be done by data driven organizations to realize the power of the data on hand and the data that they are collecting. With improved processing power that can increase machine learning, we are going to see digital leaders investing in making more of all of their data and this will be done with machine learning and AI and I believe that 1% figure will grow to 3 or 4% by 2020; which may seem small but is a massive increase in data utilization.
2018
Top 10 Digital Transformation Trends For 2019
Forbes
Changing global patterns
At the international level, the relative power of Western liberal democracies will decline as they struggle to deal with both demographic and economic shifts, even as the power of other countries increases. While the trends seem clear that China’s power is rising while the US is declining as a hegemonic power, these are likely to develop over several generations. Power is slowly but clearly slipping from the Atlantic alliance to the Pacific region (although the differences within Asia are probably greater than those within the Atlantic region).
2011
Megatrends and the future of humanitarian action
International Review of the Red Cross
Economies
At the same time, and as a direct consequence of this population growth, we are forecasting that our global economy will triple in size by 20501 and is set to have doubled to over $130 trillion in just 20 years’ time, in 20302. Much of this growth is amongst the emerging economies (E7) of the world, including China, Brazil, India, Mexico and Russia. As a consequence, by 2019 the E7, emerging seven major economies, will be a larger economic bloc than the G7 countries who have led the world economically and to a great extent, politically for the past 60 years. By 2050 China will have the largest economy with a GDP of over $24 trillion whilst the United States’ economy is expected to reach £22 trillion and India the third largest economy at $8 trillion.
2012
The future
Steria
India's take-off?
At US$2 trillion in value, India’s economy is one of the world’s great engines of growth. It stands poised to reap a demographic dividend: around half of India’s 1.2 billion people are under the age of 26, and by 2020, India is forecast to be the youngest country in the world. Crucially, PM Narendra Modi has embarked on structural reforms (such as demonetisation, goods and services tax reform) that could lay the foundation for long-term growth. India’s future may yet arrive
2017
Foresigth
Singapore, The Centre for Strategic Futures
Augmented Reality
Augmented reality (AR) is a form of technology used to provide a digitally enhanced view of the real world. This technology layers digital information (e.g., graphics, sound, or feedback) on top of the physical environment for the user to manipulate.
2017
Beyond the Noise- The Megatrends of Tomorrow’s World
Deloitte
Augmented Reality
Augmented reality (AR) is a visual or audio “overlay” on the physical world that uses contextualized digital information to augment the user’s real-world view. AR-enabled smart glasses help warehouse workers fulfill orders with precision, airline manufacturers assemble planes, and electrical workers make repairs. We’re currently seeing mainstream gaming examples of AR that span age demographics. The power of bringing information to the point of action in a seamless, unobtrusive manner is undeniable. This blending of the physical and virtual worlds is cracking open a new realm for businesses across the board to explore.
2017
The Essential Eight - Your guide to the emerging technologies revolutionizing business now
PWC
Augmented reality technologies
Augmented reality technologies will be used as a basis for the creation of devices, which allow people to adapt the ways in which they interact with their environment through entirely new interfaces. A classic example of this concept is Google Goggles, which allows users to download information from the Internet on objects in their environment in real time. The most likely next step in the development of these technologies will be the appearance of special contact lenses imperceptible to others and able to transmit any information required from a variety of sources (including the Internet) to the user directly onto the retina of the eye. Thus, in terms of augmented reality the ways in which people socialise and perceive their surrounding environment could radically change, which in turn will bring about significant socio-economic effects.
2016
Russia 2030: science and technology foresight
Russia, Ministry of Education and Science of the Russian Federation
Augmented reality
Augmented-reality-based systems support a variety of services, such as selecting parts in a warehouse and sending repair instructions over mobile devices. These systems are currently in their infancy, but in the future, companies will make much broader use of augmented reality to provide workers with real-time information to improve decision making and work procedures.
2015
Nine Technologies Transforming Industrial Production
Boston Consulting Group (BCG)
Demand for higher education is growing, along with the costs
Australia’s highly educated workforce used to be an area of relative strength. However, it is now competing with the rapid rise in global education and computer adoption. The number of students enrolled in higher education in Australia is growing: from more than 984 000 students in 2006 to almost 1 410 000 in 2015.
2017
Surfing the digital tsunami
Australia, Commonwealth Scientific and Industrial Research Organisation (CSIRO)
Driverless cars
Automation has the potential to reshape many facets of American life, including how people travel from one place to another. A survey conducted in May found that a majority of Americans – 56% – were more likely to say they would not want to ride in a driverless vehicle. When asked why, the most commonly cited major reasons were a general lack of trust and safety concerns.
2017
Key trends shaping technology in 2017
Pew Research Center