As we are in Q3 of 2017, I decided to write an article about the technology landscape to know what to expect in the second half of 2017. We live in a world where everything changes fast, so what I write now may be useless in 1 or 2 years, but at least for the coming months, it may help you to plan your digital IT strategy.
M-Commerce is Growing Exponentially
The first one that will keep sharping the technology landscape is m-commerce. Mobile is everything to us now. It helps us keep in touch with family and friends. Stay on top of work, improve fitness, monitor health, manage homes, and conduct financial transactions and much, much more. Mobile is changing all industries inside-and-out and giving us huge opportunities. By 2020, m-commerce will represent up to 45 % of total e-commerce, equaling $284 billion in sales. 1 billion people will connect to mobile networks over the next five years, bringing the total number of global mobile subscribers to 5.6 billion, or 72 % of the world’s population, according to the GSMA study. Also, digitization will boost the number of connected devices from 18 billion to 50 billion by 2020 said Chuck Robbins, CEO of Cisco.
Decacorns and Rabbits Will Substitute Unicorns
The term ‘unicorns’ has existed for only several years, but we saw a tremendous growth of unicorns in 2016. We live in the era of unicorns. But 2017 will be the year of Decacorns and Rabbits. Decacorns are those companies that achieved a $10 billion valuation and are automatically moved to the new level. And Rabbits are tech companies with Real Actual Business Building Interesting Tech.
Artificial Intelligence (AI) and Machine learning will grab much of the attention in 2016. A total of around 5.5 million new things got connected every single day in 2016 according to the analyst firm Gartner. Angel Garcia – founder and managing partner of the accelerator program Startupbootcamp, believes that an increasing share of IOT investments will log towards AI startups in the upcoming two years. “ Investors are realizing that AI will be extremely relevant for IOT,” he said.
Robots are doing great work in factories. Driverless cars have become a reality. WiFi-enabled Barbie uses speech-recognition to talk to children. Companies are using AI to improve their product and increase sales. AI saw significant advances in machine learning.
Nowadays AI that can detect human emotion is one of the most important new areas of research. And AI experts believe that our computers’ ability to understand speech will lead to an almost seamless interaction between human and computer. With increasingly accurate cameras, voice and facial recognition, computers are better able to detect our emotional state. Researchers are exploring how this new knowledge can be used in education, to treat depression, to accurately predict medical diagnoses, and to improve customer service and shopping online.
Facebook’s Mark Zuckerberg expects to ramp up tests of solar-powered drones, equipped with laser technology to provide internet access, starting later this year, and that he would be in charge of negotiation with operators about ways to deploy them. The Facebook CEO also flagged Telecom Infra Project, a newly-launched engineering-focused initiative from Facebook designed to bring together operators, infrastructure providers, system integrators, and other tech companies to develop new approaches to infrastructure.
This market can be worth $30 billion by 2020. Virtual reality has been promoted as the “next big thing” for years. CCS Insight believes that total sales of virtual and augmented reality devices will soar from 2.5 million in 2015 to 24 million by 2018.
This year, virtual reality (VR) took center stage, and this is not a surprise as virtual reality is on course to become a $1 billion global business. Virtual reality will play an important role in the new era of learning. The potential of Virtual Reality is the immersive experience, and a great way to get users to engage more closely with content and services. Marc Zuckerberg said that on Facebook there are more than a million people watching 360 videos every day. Zuckerberg says that in the social context, VR is more than just gaming. It’s about immersion, putting people in the moment, giving them an opportunity to experience a scene first hand, even though they’re not really there. Marc Zuckerberg said that since 2011, taking and sharing photos has been easier than ever, now it’s all about video, and services like 4G and 5G will facilitate that. The future is 360-degree video, VR, or otherwise.
Drones have sparked the imagination of entrepreneurs, consumers, and large commercial users. The adoption is happening very fast. Every month people find new ways of using them, therefore, giving insights of what new functionalities should be added.
Smartphones will become people’s connection to everything: home, office, car, city, etc. Key players like Ubuntu presented absolutely outstanding IOT products, which I am sure inspired others to work towards that direction.
IBM invested $3 billion in its IoT business unit. Samsung declared its commitment to connecting everything it sells by 2020. IoT really changes our lives, making it more convenient, allowing us to control everything we want with our smartphone. A good example is Smart luggage: you can control your luggage location with a mobile app, you can put a password using your app or use your fingerprint, you can even charge your phone connecting it to your luggage. More and more devices are becoming connected, and people love more and more the idea of smarter homes, smarter cars, smarter everything.
Authentication – death of the password. For at least 10 years, operators and major Internet players have tried to agree and establish standards for single identity and authentication. So far the most successful initiatives have been social sign-in by Facebook followed by Google, Twitter, and LinkedIn. Many people thought biometrics would be the solution. We noticed a lot of exciting activity in this space. A few of the best examples include DDS Inc., GSMA Mobile Connect, Intercede, OneVisage, EyeVerify, FusionPipe, and FaceOn.
The last one that will keep influencing the technology landscape is cloud. Cloud-based services are ideal for businesses with growing and fluctuating demands. If your needs increase it’s easy to scale up your cloud capacity. If you need to scale down again, the cloud is all about flexibility. This level of agility can give businesses using cloud computing a real advantage over competitors. In fact, CIOs and IT Directors rank operational agility as a top driver for cloud adoption.
Moreover, Cloud computing cuts out the high cost of hardware. You simply pay as you go and enjoy a subscription-based model.
When your teams can access, edit and share documents anytime, from anywhere, they’re able to do more together and do it better. Cloud-based workflow and file sharing apps help them make updates in real time and it gives them full visibility of their collaborations. Before the cloud, workers had to send files back and forth as email attachments to be worked on by one user at a time. Now, the cloud gives businesses control over the documents and saves precious time. Lost laptops are a billion dollar business problem. Cloud computing gives you greater security when this happens. Because your data is stored in the cloud, you can access it no matter what happens to your computer. And you can even delete data from lost laptops so it doesn’t get into the wrong hands.