Emerging technology trends in Australia
In the first quarter of the year, Deloitte released their tech trends report, highlighting eight trends with the potential to disrupt today’s businesses and ready them for tomorrow.
Although the report was focussed predominantly on the US market, these trends are currently hot topics within the Australian technology market too, and are expected to continue that way into 2017.
Our clients are already beginning to work on projects encompassing big data, augmented reality, virtual reality and the internet of things, and all indications are that these topics will continue to dominate as we start the new year.
We take a quick look at three of these trends here:
1) Augmented Reality
From sales tools that enhance customer experience to industrial modelling, gamification to education and training, many Australian companies have already found ways to harness augmented reality. And as consumers look set to spend more than ever on mobile and wearable touch technology, more and more augmented and virtual reality solutions are being released.
These technologies have the potential to disrupt our current way of working, experiencing and viewing the world, and for many, science fiction has never been closer. 2017 is likely to see the beginning of the roll out of these technologies from their niche applications to everyday life.
2) Internet of Things (IoT)
To date, according to the Deloitte report, IoT initiatives have been passive in nature; enabled appliances have generated reports for example, but haven’t moved much beyond this. Now however, the strategic focus has shifted to take a more proactive approach. Companies are pushing the boundaries with their IoT projects, and we will soon be living in a world which is more connected than ever before.
From smart homes to connected cars, healthcare to industry, the IoT is set to impact all aspects of modern life in the near future, as this prediction shows.
Global predictions of volume of connected devices Source: HP
3) Core IT systems
Many of the IT systems that are central to how businesses are run were built years, often decades ago. They have since been ‘lived with’ - patched, added to, had bits removed and bypassed until the systems are creaking, complex, sprawling pieces of software. Designing, building and implementing new systems takes time, but sticking with the relics of the past few decades means businesses are less agile, and in the worst cases, a dead weight dragging businesses down.
Organisations now need to re-imagine these ‘heart of the business’ systems to reflect the business requirements and aspirations, according to the Deloitte report. The re-imagining process should cover the 5 R’s: Replatforming, Revitalising, Remediating, Replacing and Retrenching.
Organisations through business and in the public sector need to transform their technology, not only to improve performance now, but also to prepare for an agile, fast-paced future. Transforming core IT systems will mean organisations will be more responsive, innovative and competitive.
The Deloitte report also talked about the following trends:
· Right Speed IT – moving from one speed and two speed delivery to enable ‘delivery at a speed that’s right for the need.’
· Autonomic platforms – a self-managing service provider, not limited by scale, moved between virtualised assets, hardware and the cloud.
· Blockchain – the technology behind the bitcoin, blockchain is a distributed database to increase security and trust, used predominantly in the financial services industry.
· Industrialised analytics – moving data analysis to a strategic level. Dedicated teams working to realise the full potential of big data through new, innovative ways of using and delivering insight.
· The social impact of exponential technologies – how companies should adopt responsible useage of potentially disruptive technologies and deploy them ethically as a way of driving positive change.