This week’s guest blog is based on a recent article from IT Business Edge offering a detailed overview of what’s in store for digital innovation over the next 5 – 6 years. Brace yourselves, the findings are mind-boggling, awe-inspiring and a little bit intimidating. The article, titled “2017 and Beyond: How Digital Innovation Will Impact the World,” shows us just how far technological advances are about to impact our everyday lives in measurable ways. Pay close attention, as some of these predictions may plant at least a few innovation seeds in the minds of germinating entrepreneurs.
Three fundamental effects of digital innovation Digital innovation, clearly the biggest influencer, will change the way we do pretty much everything, from shopping to running a business to communicating, according to the ITBE article, which is based on recently released top predictions issued by Gartner, the world’s leading information technology research and advisory company for IT organizations and users in 2017 and beyond. The article focuses on three fundamental effects of continued innovation involving digital technology: experience and engagement, business innovation, and the secondary effects that result from increased digital capabilities.
Gartner’s top predictions for the technology evolution on the horizon Gartner’s top strategic predictions offer a provocative look at what may develop in some critical areas of the latest technology evolution, at the core of which lies the concept of digital disruption, which has moved from an infrequent inconvenience to a consistent stream of change, redefining markets and entire industries. A year ago, changes in digital innovation were advancing rapidly. This year that speeding train is full speed ahead, and may trigger some secondary effects that will have a wide-ranging impact on the way people use technology to get things done. The ITBE article features a 12-point slideshow highlighting the top digital innovation predictions identified by Gartner that will affect IT organizations and users in 2017 and beyond, including:
- Augmented reality (AR) – 100 million consumers will shop in augmented reality by 2020
- Screen-less web browsing – 30 percent of web browsing sessions will take place without a screen by 2020
- Mobil app abandonment – 20 percent of brands will abandon their mobile app by 2019
- Knowledge algoriithms – Algorithms will positively alter the behavior of more than 1 billion global workers by 2020
- Blockchain technology – a blockchain-based business will be worth $10 billion by 2022
- Digital giants – 20 percent of all activities an individual engages in will involve at least one of the top-seven digital giants by 2021
- Digital innovation costs – every $1 enterprise invest in innovation will require an additional $7 in core execution through 2019
- Internet of Things (IoT) data demands – IoT will increase data center storage demand by less than 3 percent through 2020
- IoT savings – IoT will save consumers and businesses $1 trillion per year in maintenance, services and consumables by 2022
- Health care costs – 40 percent of employees will be able to cut their health care costs with a fitness tracker by 2020
To view the full ITBE article and slideshow, buckle up and click here.