We live in an age of unprecedented disruption. There’s always a replacement innovation or challenger looking to shake things up.
It can happen in industries as old as time or relative newcomers to the economy. Someone’s always getting disrupted.
Today, we’re getting to check out the highest 4 disruptions that you simply got to remember for the New Year .
- AI-powered software
Software will increasingly be powered by AI. And no, we don’t mean that we’ll all be working with the private butlers of fantasy .
What we mean is that organizations got to be careful for AI-driven software that’s faster, more efficient, and may make better decisions that “dumb” software that we’ve immediately .
What’s more, robotic process automation or RPA will continue its march to automate tedious, repetitive tasks and streamline operations to stay rising costs in restraint .
Why now?
Because we’re finally in a place with enough data to deliver on all the guarantees AI enthusiasts have made. Data organization, storage, recall, and use has been improving for years, and now we will effectively “feed” the AI machine.
That means better AI, better decisions, and (we think) more digital disruption, both for IT teams and for end users.
- Robotics will augment more jobs
Any conversation about AI and data quickly turns to robots. And robotic disruption for traditional roles is certainly coming… and it’s coming soon:
- Tesla continues to automate their production line
- Robots are utilized in warehouses to try to to everything from pack groceries to sort packages
- Robots are wont to power human exoskeletons
The uses are practically endless, and these are just a couple of them.
But what we’re sure of is that organizations will still use them even more.
One interesting thing to notice about this particular disruption is that it’s easy to become over-optimistic. It’s easy to assume that robots will solve every problem in which robots and other people are a game .
We think what’s more likely is that folks over subsequent years will begin to figure more alongside robots instead of getting replaced. But the disruption remains coming — working alongside robots will change work patterns, jobs, requirements, and more for countless people and organizations round the world.
- Cloud technology will expand into regulated/protected spaces
Currently, cloud dominates HR, CRM, and ERP software, with hybrid and personal cloud options common. But over the subsequent year, two things will happen.
First, even more cloud technology is going to be deployed. Businesses who hold close on-premise solutions will move, and more products and services are going to be offered over the cloud.
Second, the stress for cloud technology will still rise. The approaching IoT explosion would require cloud computing to figure , and businesses are going to be forced to choose: go cloud or head home .
What this suggests is that more businesses are going to be on the cloud, more resources will enter cloud technology, and we’ll finally be ready to say goodbye to the lingering on-premise solutions.
Cloud technology also will improve in quality, and with 5G right round the corner, the last remaining justifications for on-premise solutions — speed and security — will finally fall.
- Digital revenue streams will supplement traditional ones
Making money from digitalization may be a wonderful thing. John Deer re-entering the spare parts market and linking their smart parts to their IoT platform to prevent people buying knockoffs, for instance , was a stroke of genius.
Not only are digital markets clearly the longer term , but they also stand to be outrageously more profitable than their analog counterparts. So what’s the transformation? we expect that it’s twofold.
First, IT teams can expect to be moved closer to a revenue generation. Uniting IT, sales, and marketing teams around product lines with systems that promote growth marketing initiatives are going to be the norm.
Second, IT teams and organizations can expect to ascertain further doubling down on analytics and data to drive business decisions, and greater efforts to unite disparate business silos.
These initiatives will unfold as both new technology building and buying, also as increased efforts to clear the technical debt that permits better connection, communication, and integration.
Where does one stand on digital disruption?
Just like there are constantly new products on our shelves, there are constantly new digital solutions looking to carve an area in an incumbent market.
It means digital solutions are constantly recuperating , that new approaches to old problems are being tried, and therefore the established order isn’t as safe as it seems.
With digital disruption comes enormous opportunity, both for technology companies to form their solutions better, and for businesses to serve their customers. Are you getting to embrace digital technology or just exclude it from your 2019 plan?
Contact us to find out how our technology experts can assist you on your path to digital transformation.
