Trends Identified
5G
Just as the amount of data produced by the IoT will force data to the edge, it will also force mobile providers to move faster than ever — toward 5G. The level of hyper-connectivity expected by users today leaves little room not to move forward on the 5G path, but don’t get too excited. The move to 5G won’t happen overnight, and it will likely be patchy at best throughout the coming year. This year we are seeing Gigabit LTE (the stepping stone between current LTE and 5G) making leaps with devices from Samsung and Sony leading the way. Today much of the Gigabit LTE movement is being powered by Qualcomm Snapdragon technology, but others will certainly seek to become involved in this rapid growth market for mobile.
2016
Top 10 trends for digital transformation in 2018
Forbes
Blockchain Finds Its Way
While its more popular cousin Bitcoin continues to blow away stock market analysts, Blockchain may finally find its place in 2018. Gartner shows that as of February this year, blockchain was the second top search term on its website, increasing 400% in just 12 months. To me, it’s no surprise. While the financial industry will be the first to begin utilizing this amazing tool, numerous others — from healthcare to entertainment to hospitality — will not be far behind. Granted, the move to blockchain will not come overnight either — just 20% of trade finance globally will use it by 2020. But once it finds its sea legs — most likely this year — there will literally be no turning back.
2016
Top 10 trends for digital transformation in 2018
Forbes
AI Goes From Newbie To Mainstream
“Yeah, yeah, I know — artificial intelligence.” That’s likely the response you’ll get when talking about AI in 2018. With everyone from toddlers to seniors using Alexa, Siri, and customer service chatbots, it’s no wonder AI may soon begin to feel like old news—at least to mainstream users. On the business side, however, so much power remains in AI — in everything from customer service and robotics to analytics and marketing. Companies will continue to use AI to surprise, connect, and communicate with their customers in ways they may not even appreciate or realize. This includes faster, cheaper, and smarter automation of everything from emails and content generation to industrial manufacturing. I believe we are still only at the beginning here, but we have seen the likes of IBM Watson, SAP Leonardo, Salesforce Einstein and other major software companies all launching embedded AI right into their platforms. This is a sign of what is to come.
2016
Top 10 trends for digital transformation in 2018
Forbes
VR Goes From Hero To Zero
Poor VR. Just yesterday, tons of us were getting excited about buying our first set of VR headsets — and out of nowhere, AR has pushed it out of the way. Why? At least for now, it’s simply cheaper and easier to use, especially in a professional context. By using 3-D visualization, companies can better train, pitch, and envision new products — without the same expense of VR. This isn’t to say VR won’t have its day. Just not in 2018.
2016
Top 10 trends for digital transformation in 2018
Forbes
Failure As A Service?
Just as we saw the as-a-Service market continue to grow with software, infrastructure, and — just about everything else — failure will soon be a service on the aaS menu. The reason: failing fast is one of the most important elements of success in today’s quick-moving digital transformation environment. Failure-as-a-Service (FaaS) will provide visualization, rapid prototyping, and other fast fail methods that will help companies strategize fast for greater success. It’s a bit speculative to say it will be called “Failure-as-a-service,” but the ability to more quickly recognize when something isn’t working and move on will be a key differentiator between the winners and losers of digital transformation.
2016
Top 10 trends for digital transformation in 2018
Forbes
Culture Remains a Hurdle
Bad news: If your company is battling culture issues in digital transformation, they will struggle even harder in 2018. As the pace of change continues to increase — and the number of new technologies continue to grow — it will become even more imperative that companies move fast while moving forward toward growth. Companies that don’t embrace agility, or fail to knock down silos, will have an even more difficult time next year. You often hear that a leopard can’t change its spots, well culture isn’t that permanent and successful transformation are nearly impossible in a resistant culture.
2016
Top 10 trends for digital transformation in 2018
Forbes
Digital Transformation Becomes a Must
Whereas digital transformation may once have been just a buzzword in some (lagging) boardrooms in 2017, 2018 will force many companies to realize DX is no joke. It’s an imperative in today’s business market. Disruption will continue to be an increasingly common occurrence in the next few years, and companies unable or unprepared for those changes will quickly fall to the bottom of the pack.
2016
Top 10 trends for digital transformation in 2018
Forbes
A Space Odyssey
Forget Mustique and Tahiti. If you’re willing to drop a cool $200,000 to $300,000, get ready to spend your next vacation in space. Last year, we spoke about flying cars, this year you’ll have to set your sights a little higher. Space travel is set to accelerate as several companies—SpaceX and Boeing, among them—launch crewed test flights to space. The implications of such private space flights are tremendous. It will mean the conversion of a highly regulated, government monopolized industry into a fiercely competitive one, populated by private players and venture capital firms. As competition intensifies, expect space tourism to take-off and space organizations like NASA to use the revenues generated by private space flights to fund their scientific research.
2019
Top 10 Trends For 2019
Forbes
Insurance (finally) Enters The Digital Age
This will be a standout year for insurance. Insurers will actively embrace new markets (smart cities, autonomous vehicles, connected living, and the elderly), products (insurance for shared workspaces, working from home, automotive pay-per-mile, and cyber-protection), technologies (blockchain, virtual reality (VR)/augmented reality (AR), and AI), business models (Prevention-as-a-Service, usage based car insurance, and on-demand insurance), and operations (increased automation, shifts in core systems, and even personnel and culture shifts).The industry will be characterized by greater automation and partnerships with data management companies. M&As with product and service providers in adjunct industries will provide instant access to new technology and capabilities, allowing insurance companies to adapt more rapidly to next generation needs.
2019
Top 10 Trends For 2019
Forbes
B2B Data Monetization Becomes Mainstream
This year will mark a watershed where new, non-traditional industries begin to establish and develop their data monetization strategies. Following in the footsteps of the credit, marketing and advertising industries where such practices are already widespread, car manufacturers, healthcare companies, IoT, and industrial aerospace IoT will push more aggressively towards data driven business models. Success for data monetization in these industries will be dictated by their ability to develop use cases, and innovative pricing and business models. Investments in data initiatives will spiral, even as comprehensive data strategies become a cornerstone of future business plans. In the meantime, significant reductions in data generation and storage costs will allow companies the opportunity to more creatively and productively leverage their data.
2019
Top 10 Trends For 2019
Forbes