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Emerging Business & Technology Trends
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Emerging Technologies
In the last minute there were….. …….and that’s nothing to what’s coming 204 million s sent 61,000 hours of music listened to on Pandora 20 million photo views 100,000 tweets 6 million views and 277,000 Facebook Logins 2+ million Google searches 3 million uploads on Flickr
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Emerging technologies will change everything – how we work, how we live, how we communicate
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Emerging technologies will change everything – how we work, how we live, how we communicate
Mega Trends* are global, sustained and macro economic forces of development that impact business, economy, society, cultures and personal lives thereby defining our future world and its increasing pace of change Of the Top 10 Mega Trends* to 2020, 8 have significant emerging technology components *Frost & Sullivan Top 10 Mega Trends 2012
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Emerging technologies will change everything – how we work, how we live, how we communicate
Urbanisation - “City as a Customer” Mega Cities, Mega Regions, Mega Corridors and Mega Slums. Cities, and Not Countries, Will Drive Wealth Creation Smart is the New Green Smart Cities, Smart Technology, Smart Infrastructure, Smart Energy, Smart Mobility, Smart Buildings, Smart Clouds, Smart Materials etc Social Trends So many significant ones. Gen Y, Geo Socialization, “She-conomy”, Ageing Population, Reverse Brain Drain etc Economic Trends Power Shift from West to East. Beyond BRIC - the next game changers based on GDP by 2025 = Indonesia $4.8trn, Mexico $2.8 trn, Turkey $2.4trn, Poland $1.2trn etc. Africa - major future source of the worlds resources Connectivity & Convergence 80 Billion Connected Devices By connected devices for every user by billion internet users by 2020 (over 60% of worlds population). Connectivity Will Accelerate Convergence. Innovating to Zero Mindset change in how to think/plan innovation ie Carbon neutral cities, zero New Business Models “Value for Many” will replace “Value for money”. ie Freemium, Group Buying, etc Health, Wellness and Wellbeing Power shifts to the patient. Patient Centric Connected Health. Connected Health Driving New Access to Care Solutions. New treatments and patterns of care ie E-Health/M-Health, Gene Therapy, Health Kiosks, Tissue Engineering, Healthcare Tourism, Cybernetics, Non-Invasive Surgery Homecentering Insourcing jobs, the home as the centre for work not offices, home as distribution point, more services will be targeted for home delivery not centrally ie health care moving away from hospitals to be home focused Tech Vision 2020 Expect dramatic advances in 9 technology areas, in priority order; Sustainable Energy, Clean & Green Environment, Health & Wellness, Information & Communication, Materials & Coatings, Medical Devices & Imaging Tech, Microelectronics, Sensors & Control, Advanced Manufacturing and Automation Frost & Sullivan Top 10 Mega Trends 2012
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Emerging technologies will change everything – how we work, how we live, how we communicate
And maybe another one Customer/User Centric approaches Leveraging mobile, social media, cloud & big data/analytics organisations will put customers/users even more effectively at the centre of their approaches
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Emerging technologies will change everything – how we work, how we live, how we communicate
So what? Emerging technologies will be the dominant driver of disruptive change for the foreseeable future, bringing significant opportunities and threats In the race to the future, organisations that back the right emerging technologies may survive and prosper – those that don’t, wont Organisations face more uncertainty now than at any point in living memory Which emerging technologies to back? How to deliver the value and mitigate the risks of the emerging technologies they back?
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Emerging technologies will change everything – how we work, how we live, how we communicate
How will organisational capabilities need to change? Capturing the potential of emerging technologies will require transformational changes in some or all of the enablers. Use the 7 enablers as a lens to look at what is needed in different organisational capability areas
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Integrated technology teams? Integrated technology & business teams?
Emerging technologies will change everything – how we work, how we live, how we communicate What implications do the Emerging Technologies themselves have for organisational capabilities? It becomes even more important to be able to deploy technology capabilities integrated across technologies Integrated technology teams? Integrated technology & business teams?
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How will consumer behavior evolve?
Emerging technologies will change everything – how we work, how we live, how we communicate How will consumer behavior evolve? Some organizations will fail, some will thrive, and all will have to evolve.
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Emerging technologies will change everything – how we work, how we live, how we communicate
Conclusions A seismic shift in technology is occurring To survive organisations will have to adapt their technology and business related capabilities in an equally seismic way
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