Trends Identified

Virtual reality/augmented reality
Smart head-mounted displays/glasses
2016
Disruptive technologies barometer
KPMG
Robotics
Physical systems of automation, including driverless cars
2016
Disruptive technologies barometer
KPMG
Wearable devices
For workforce/customers
2016
Disruptive technologies barometer
KPMG
3D printing
2016
Disruptive technologies barometer
KPMG
Connectivity-driven business models
For years, companies shared business models and tried to outperform each other. Today, connectivity is enabling new business models. For example, more than half of the respondents expect to see pay-per-use models within their own industries, with data monetization by far the next most common business model. Software is becoming much more important than hardware, and customer interactions are increasingly digitized, in many cases managing without intermediaries. Consequently, connectivity-driven fields such as shared mobility are expected to grow significantly in the coming years.
2018
Disruptive forces in the industrial sectors - Global executive survey
McKinsey
AI and autonomous systems
Learning from data and developing smart algorithms has become a competitive advantage. Executives from all sectors believe that AI and autono­mous systems will affect the entire industry. Investment in AI is at unprecedented levels from both tech firms and traditional manufacturers. Driverless vehicles are AI’s poster child, but industrial companies are also investing in machine learning and robotics to develop specific technologies related to their core businesses.
2018
Disruptive forces in the industrial sectors - Global executive survey
McKinsey
Internet of Things (IoT)
This much hyped term refers to the sensor-enabled devices that can communicate with one another via the Internet. The possible uses are still being unearthed, but the McKinsey Global Institute predicts that the annual economic impact of IoT applica­tions could be as much as USD 11.1 trillion by 2025. MGI suggests that factories are likely to see the greatest potential impact from IoT use – as much as USD 3.7 trillion per year – with substantial productivity improvements, including 10 to 20 percent energy savings and a 10 to 25 percent improvement in labor efficiency.
2018
Disruptive forces in the industrial sectors - Global executive survey
McKinsey
Electrification
Replacing traditional energy sources with electric energy – most notably in vehicles – is being driven by regulatory and technological changes and by growing consumer demand. The growth in electric vehicles sales is expected to be 25 to 30 percent a year to 2025 (see Exhibit 4). A senior executive at a European OEM believes it will affect at least half of the sector’s revenues, both in vehicles and infrastructure. Stricter emission regulations and lower battery costs are all contributing to the flurry of activity in this area.
2018
Disruptive forces in the industrial sectors - Global executive survey
McKinsey
Cybersecurity
The increase in connectivity between companies and consumers as well as within organizations, production facilities, transportation systems, defense systems, etc. means that cybersecurity is critically important. Once closed systems are now open, increas­ing vulnerability and placing ever higher-value assets and processes at risk, leading to an annual growth in the market for cybersecurity of 5 to 10 percent until 2025 (see Exhibit 4). Our survey revealed widespread and growing concern on this topic, and many companies are starting to bring in the skills they need for tackling cybersecurity concerns. Some even see cybersecurity as a battleground for competitive advantage and differentiation.
2018
Disruptive forces in the industrial sectors - Global executive survey
McKinsey
Information Management Finally Goes Enterprise
Leaders expect confident answers to fundamental business questions. Step one is the right foundation. Information is the heart of the business of IT. It’s right there in the name. But the CIO doesn’t own the information – the business does. IT is the caretaker – responsible for enablement, compliance, governance, protection, and optimization.
2010
Depth perception A dozen technology trends shaping business and IT in 2010
Deloitte