Category

Business Technology Trends

Opinion on the technology, business, and social trends that are impacting enterprises worldwide.

Jun 142016
 

The boundary between machine capabilities and what once seemed uniquely human has certainly moved over the years, justifying concerns that the relatively new field of roboethics addresses. Roboethics goes beyond job losses and looks at the impact of robotization on society as a whole; that is the major topic here. (I will address job losses at the end.) An algorithm can be unethical in both obvious and subtle ways. It could be illegal, as may have been the case with Volkswagen’s engine management algorithms for its “clean” diesel engines. It could be unethical in the sense that it violates a sense of fair play. More subtly, an algorithm could take on decision-­making roles that a Read more

May 312016
 
Will Wearables Disrupt the Financial Sector?

Digital transformation continues to change the financial sector. The increasing use of smartphones and tablets has changed customers’ behaviors and fueled adoption of mobile banking. Wearables capable of storing and processing data allow us to integrate better with the technology and incorporate electronics into every domain of our lives. The question arises whether the wearables can follow that success and become a new disruption for the financial sector. And if so, will they replace or supplement the mobile devices that are currently in use? Current Wearables Banking Market Assessment Wearable technology has exploded in popularity in recent years as the devices have grown smaller and their communication and integration capabilities have grown significantly. The global wearables market was valued Read more

May 242016
 
Call for Papers: Business-Driven Digital Transformation

Digital transformation is at the top of many executive agendas and organizations are investing substantial resources to make it happen. While there may be internal benefits such as efficiency gains, the primary driver for digital transformation is the customer. Customers are now in the driver’s seat with high expectations demanding what they want, when they want it, and how they want it – and they will go elsewhere to find it if not satisfied. Years of growth and change have created tremendous complexity and redundancy in large enterprises. This complexity has become more transparent to the customer and so improving the customer experience and achieving true digital transformation requires significant changes to the business and Read more

Apr 192016
 
Preparing for the Disruption of the IoT

The Internet of Things (IoT) promises to cause disruption in almost every industry. Companies need to examine how they can take advantage of connected products and services and plan for the significantly increased data workloads that will likely come with the deployment of sensor-enabled products. However, an expected surge in product innovation also means that companies should carefully consider how they will deal with the potential rise of new, more agile competitors whose business models will be based primarily on IoT products and services. Here are some points about the IoT I’ve been discussing with colleagues that organizations may want to consider. Bigger, Faster, Varied Data and New Data Management Practices The expected myriad of Read more

Apr 052016
 

The Internet of Things. Location-based services. Automated reasoning. Social media. Wearables. Analytics. I could extend this list of “game-changing” technologies, and so could you. What’s a CEO, CIO, CTO, CFO, or business unit president to do? Especially when they go to an investor conference and they’re asked to explain “the game-changing technology plan”? Those who work in the C-suite need smart people, budgets, and technology solutions to impact their business processes and overall business model. In other words, game changers need context; otherwise, C-suite(rs) end up chasing “the next great things,” which is what many companies have done for decades. Remember business process reengineering, Six Sigma, matrix ­management, and management by objectives? Who ­created Six Read more

Mar 262016
 

Life complexifies. Perhaps it is a fundamental law of information that the complexity of information increases. In the world of biology, over time organisms become more complex, with new genetic permutations appearing alongside of old genetic pieces. In the hyperastronomical space in the animal genome, nature constantly produces new combinations. In human knowledge and scientific discovery, the same is true. New insights are built on top of old ones. Breakthroughs in insight usually have higher levels of complexity and hence require higher levels of abstraction and difficult codification to accommodate the widening domain covered. We all know E=MC2 but how many of us really know what it means? In the world of medicine, treatments are Read more

Mar 222016
 
Forecast for Security: Beware the Headwinds

“Never make forecasts, especially about the future.” — Sam Goldwyn This is particularly good advice for those with the courage (temerity? foolhardiness?) to forecast trends in technology. We can safely predict that technologies will get better/faster/cheaper/smaller, but which ones? Who will use them? How? For what? Back in the days when fairly standard IT was just bought by organizations with cost-conscious and risk-averse CFOs, the only question was how much technology would be bought, which depended largely on the overall economy. Starting in the 1980s, when ordinary people began buying IT, much of it from brand-new companies, predicting consumers’ tastes and quantifying their demand presented a whole new challenge. Add in the Internet, and what Read more