Dec 152010
 

Last year, I anticipated collaborative businesses to flourish rapidly. Airlines collaborating with hotels, which in turn would collaborate with car rentals, and they in turn with the insurance companies. The customer benefits through the enhanced experience of seamless service. There are two major movements/trends in this area:

  1. Customer Collaboration. Customer collaboration is based on corporate customers who collaborate with one another in the process of buying/procuring products/services. Increasingly, through Web Services, customers are collaborating with each other as much as with vendors by forming electronic consortiums to procure wholesale goods, services, utilities, and so on. This will continue to lead to many-to-many electronic transactions resulting in a true oligopoly.
  2. Business Agility. Business agility is an important new trend that rides on the back of cloud computing. The Cloud enables a business to shift all its non-core IT functions outside its organizational boundary. In the coming two to three years, we will see no airline, hotel or insurance company with an IT department per se. The Internet-based, high-speed, increasingly-reliable wired/wireless broadband communications networks have enabled businesses, particularly large and global businesses, to become lean and agile.

[Editor’s Note: This post is part of the annual “Cutter Predicts …” series, compiled at the Cutter Consortium website.]

avatar

Bhuvan Unhelkar

Bhuvan Unhelkar is a Senior Consultant with Cutter Consortium's Business Technology & Digital Transformation Strategies practice. He has more than two decades of strategic as well as hands-on professional experience in the information and communication technologies (ICT) industry

Discussion

 Leave a Reply

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>

(required)

(required)