Are you in your comfort zone? It can be a great feeling, but If an organization operates exclusively within its comfort zone, it will miss opportunities. It will always tend to adopt everything in line with its enterprise personality.
Bring Your Own Everything
Consumerization makes it acceptable for enterprise employees to bring their own personal devices into the work environment, a trend known as Bring Your Own Device (BYOD). This trend is tempered, however, by a few technologies that have yet to reach their tipping points. The first is hosted virtual desktop. Performance levels and usability are improving, but not yet adequate for enterprises to port images of employees’ corporate desktops onto their tablet devices. The second technology, HTML 5, must mature more to allow development of applications and services across devices
The Future of Payments
In a near-cashless world scenario, most transactions are an electronic one and technologies such as Near Field Communication (NFC) Payment will enable it. NFC, however, will not be widely adopted for mobile payment scenarios unless certain devices, such as Apple’s iPhone, embed NFC chips into their models. There are other payment technologies that aim to turn the smartphone into a wallet, such as mobile over the air (OTA) payment. The level of success of these technologies will be country-specific, so unlike other limiting factors, success and failure will be local.
Big Data and Global-Scale Computing at Small Prices
* In-memory database management systems: All enterprises run on some form of enterprise resource planning (ERP) and legacy applications. These systems are usually dependent on some form of database that accesses data on physical storage drives. In-memory database management systems will remove this need by making database access into something that occurs in memory chips — which are much faster than disks. The result is that the legacy systems that run our corporate and government world will become significantly faster. Although cloud computing gets much of the spotlight, in-memory database management systems are the tipping point that will benefit the enterprise greatly once the technology matures.
The Internet of Things
Gartner defines the Internet of Things (IoT) as the network of physical objects accessed through the Internet that contain embedded technology to sense or interact with their internal states or the external environment.
Conceptually, IoT describes how the Internet is being used to link smart devices, such as consumer items, automobiles, city infrastructure, enterprise assets and a myriad of other physical assets, so that these new endpoints can be controlled and/or can create and receive a data stream from one another or from conventional computing environments.
When these devices (“things”) directly (or indirectly) connect to the Internet, they become an extension of the enterprise and mobile computing environments. New experiences, operating efficiencies and business models can be created and deliver enhanced value through improved utilization of these physical assets.
The potential impact of the IoT is vast, reaching to every corner of technology, business and the consumer experience. The IoT has been emerging for decades, with origins in factory automation, machine to machine (M2M) interaction and embedded systems. Its impact will increase in the coming years as the costs of technology and connectivity continue to fall, and it becomes even more pervasive.
I’ll be discussing these emerging trends and innovations in more detail at the CIO Peer Forum this month in Edmonton. Senior executives, CIOs, strategists, innovators, business developers and technology planners will want to consider these technologies when developing emerging business and technology portfolios.
Hung LeHong is a research vice president on the Executive Leadership and Innovation research team at Gartner, Inc. He focuses on senior executives and CIOs to help them anticipate changes to business models and consumer trends caused by technology disruptions.