It is no secret that the current trend of emerging technologies is expected to provide an additional shot in the arm for India’s growth story. They have the full potential to create the second-half-of-the-chessboard effect on enterprises in India. Emergence and eventual adoption of technologies around digital experience, analytics, cloud, digital reality, cognitive, blockchain, and core modernization globally can’t be overstated. They are laying a foundation for the next stage of digital’s evolution with the promise of emotionally intelligent and hyper intuitive cognitive capabilities, which are likely to transform business in unpredictable ways. Architecting for longevity and adaptability requires a deep understanding of both today’s realities and tomorrow’s possibilities. Businesses with a broader view of incubating and adopting these emerging trends will succeed in the new era and will stay relevant in the decade to come.
Categorising trends
Emerging technology trends are in three broad categories –
• Enablers like Digital Experience, Analytics, and Cloud - facilitating organizations’ digitization and transformational change. They have the potential to redefine how enterprises interact with customers and create newer business models through vertical and horizontal expansion.
• Disruptors such as Cognitive, Digital Reality, and Blockchain – These are change agents that help businesses expand into unexplored territories be it customer segments, regions, revenue sources, etc.
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Denne historien er fra March 2020-utgaven av DataQuest.
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