In our networking nuggets we want to educate you on how to network better as well as how you can do business better.
We also want to inform you on trends you are likely to see coming up. Now that 2016 is just around the corner, it’s a good time to look at some of these trends especially as they relate to technology.
Technology is a huge part of contemporary business and life. It’s important to keep on top of what’s happening with changes in technology and new disrupters. A “disruptive technology” is one that displaces an established technology and shakes up the industry or a ground-breaking product that creates a completely new industry.
International consulting firm Frost & Sullivan’s, Head of ICT Research for Australia & New Zealand recently shared her insights for the 5 big technology predictions into 2016, detailing the impact on businesses. They include:
1. Security
As platforms become more open due to the rapid adoption of Cloud, Mobility and the Internet of Things, security threats will rise and this will become the single biggest issue to tackle in the ICT industry.
2. Communications
The market will witness disruption from an emerging class of start-ups. Cloud and Mobility are driving discussions around what the office of the future will look like. The use of mobile devices will take greater precedence in the years to come.
3. Big Data
Increased use of sensors across various industries will lead to a tsunami of data driving massive developments in Big Data. We are starting to see sensors being embedded in physical objects ranging from medical devices, wearables, highways, cars and industrial machines to mobile phones; these are then linked to very high speed and powerful networks. The volumes of data generated will lead to a huge repository of data.
4. Smart machines
Smart machines which include drones, driverless vehicles as well as robots are set to introduce efficient ways of delivering output. As cost pressures rise in developed economies and emerging economies, smart machines will negate the need for staff in certain segments of the business.
Cognitive computing and artificial intelligence platforms are to become big across industries. The Cognitive Computing platform is mirrored closely to how the brain works. It is based on how humans make decisions. The computer systems do not follow a specific pattern or fixed programming protocol. We can expect more cognitive computing platforms to bring about a new way of delivering services. We are starting to see that in healthcare for example.
5. Artificial intelligence
Cognitive computing and artificial intelligence platforms are to become big across industries. The Cognitive Computing platform is mirrored closely to how the brain works. It is based on how humans make decisions. The computer systems do not follow a specific pattern or fixed programming protocol. We can expect more cognitive computing platforms to bring about a new way of delivering services. We are starting to see that in healthcare for example.
Take some time to consider how trends such as these could affect your business in 2016. If you are struggling with technology changes of any form, then call upon other members in your chapter who may have expertise in these areas. Use the resources your chapter has to offer to improve your use of technology and business as a whole in 2016.
