Here is a recap of Emerging Technologies, Tech And Enterprise Software Trends by thought leaders.
It is hard to make time in an already packed day to back-up for that macro look of the market and mega trends, but it is an activity that needs to happen at least once a quarter.
Top 10 Emerging Technologies
The World Economic Forum’s Meta-Council on Emerging Technologies drew upon the collective expertise of its 18 member panel to summarize what they believe to be the most important technological trends. Here is the list of the Top 10 Emerging Technologies of 2015
- Fuel Cell Vehicles – A fuel cell vehicle (FCV) or fuel cell electric vehicle (FCEV) is a type of vehicle which uses a fuel cell to power its on-board electric motor. Fuel cells in vehicles create electricity to power an electric motor, generally using oxygen from the air and hydrogen.
- Next-Generation Robotics – new generation of robots will not only look more human, but will be taking on human tasks, both in the workplace and even in the home.
- Recyclable Thermoset Plastics – Unlike thermoplastics, in which the polymer chains are not chemically bonded to one another, thermosetting polymers are highly cross-linked, so the chains can’t be untangled when the polymer is heated. This crosslinking gives them better physical strength and chemical stability – qualities valued in industries from microelectronics to aeronautics – but it also makes them extremely difficult to recycle, so large quantities are thrown away.
- Precise Genetic Engineering Techniques – allow us to directly “edit” the genetic code of plants to make them, for example, more nutritious or better able to cope with a changing climate.
- Additive Manufacturing – the industrial version of 3-D printing
- Emergent Artificial Intelligence – the process of letting AI learn from unlabeled training data and come up with features and heuristics on its own
- Distributed Manufacturing – a form of decentralized manufacturing practiced by enterprises using a network of geographically dispersed manufacturing facilities that are coordinated using information technology
- ‘Sense and Avoid’ Drones – sense and avoid system that can reliably detect and avoid intruding aircraft
- Neuromorphic Technology – the use of very-large-scale integration (VLSI) systems containing electronic analog circuits to mimic neuro-biological architectures present in the nervous system
- Digital Genome – the efficient conversion of massive amounts of audience data into rich, actionable intelligence
Andreessen Horowitz Shines the Spotlight on Tech Trends
Andreessen Horowitz has shared what they believe to be the hottest tech trends being worked on today that have the power to change the world. Here’s what made the list:
Virtual Reality – Virtual Reality is a computer-simulated environment that can simulate physical presence in places in the real world or imagined worlds.
Sensorification of the Enterprise – This is when sensors are essentially used as “shortcuts” to information and actions the user does not have to perform.
Machine Learning and Big Data – We interpolate and extrapolate from past experiences to deal with unfamiliar situations
Full Stack Startups – This approach is to build a complete, end-to-end product or service that bypasses incumbents and other competitors
Containers – or containerization is another way of isolating an application from the underlying hardware.
Security – protection from hacking
Online Marketplaces – the next generation of online marketplaces
Bitcoin (and Blockchain) – Bitcoin is a digital currency in which transactions can be performed without the need for a credit card or central bank. It’s designed to enable users to send money over the Internet in a very simple and efficient way.
Cloud-Client Computing – The movement of processing power out of the cloud and back into the endpoint–the phone
Digital Health – Digital health is the convergence of the digital and genetics revolutions with health, healthcare, living, and society. Digital health is the convergence of the digital and genetics revolutions with health and healthcare with the goal of reducing inefficiencies in healthcare delivery, improving access, reducing costs, increasing quality, and making medicine more personalized and precise.
Online Video – Refers to watching video clips, TV shows and movies streamed from the Internet.
Crowdfunding – Crowdfunding is the practice of funding a project or venture by raising monetary contributions from a large number of people, typically via the internet
Insurance – Software will rewrite the entire way we buy and experience our insurance products
Internet of Things – The internet of things is a scenario in which objects, animals or people are provided with unique identifiers and the ability to transfer data over a network without requiring human-to-human or human-to-computer interaction.
DevOps – DevOps aims to help organizations rapidly produce software products and services — and to improve operations performance
Failure – Success is the new failure
Senior IT Decision-Makers Share Their Insights on Enterprise Software Trends
No one has a crystal ball and can predict the future with 100% accuracy. However, there is value in establishing a vision for the enterprise software horizon as it will serve to minimize the degree by which your organization misses the mark—missing a little is much better than missing by a lot.
- Hybrid Cloud Goes Mainstream
- Multi-cloud strategies to continue. Investment in hybrid cloud architectures to future-proof applications and services.
- Subscription Pricing for Enterprise Software
- Enterprise software pricing expected to continue to shift further toward subscription model pricing– per-user and/or per-year basis
- Mobile CRM – and Other Enterprise Mobile Applications – Poised for Take-off.
- Mobile is expected to continue to be focus area as vendors align mobile functionality with that of web products.
- In-memory Computing Will Become a Leading Differentiator in ERP
- In-memory is expected to be the primary product differentiator for ERP and vendors will strive to make this a unique differentiator.
- Deeper ERP Integration
- Expect deeper integration with procurement, human resources and customer service software. Organizations are expected to merge ERP and CRM into a single system for a better customer experience.
- The Market Penetration of Open Source is Expected to Continue
- Open source software will continue to expand its depth and breadth in the enterprise space in 2015.
- Business Intelligence Software Will Become More Visual – and Even Easier to Use
- Ease of use will continue to be a key market requirement for reports, graphs, charts and all types of visualization.
- Social Intelligence Gets Even Smarter
- Monitoring, collecting, organizing, understanding and acting on social data will be paramount as companies need to be a proactive part of conversations about the market, product, customer, technology and competitors increases exponentially.
Few things happen overnight but tiniest incremental change can amount to a lot given enough time. Take time each week or at least each month to think about mega trends and macro markets as the most efficient and effective way to get from here to there is with a plan.