qimono / Pixabay
2018 will bring the convergence of a few major trends in business technology, more clearly defining where the future of work is headed.
A tipping point has already been passed in the adoption of IP telephony, which has now taken the place of aging land line networks. Voice over IP (VoIP) deployments outnumber public switched telephone networks (PSTN) installations among US businesses by a wide 3:2 margin. The mobile VoIP markets in Europe and the Pacific Asia region are growing even faster, with Pacific Asia at the vangaurd.
A global communication infastructure is emerging, driven by the demand for wireless technologies and mobility.
Meanwhile, app-enabled smartphones have absorbed more and more critical functions in daily life to become absolutely indispensable in less than a decade. This year 92% of millennials and 77% of US adults depend on their smartphones to handle mission critical tasks like keeping records of important communications, managing money, securing transportation, and remembering all the little details that tend to slip away from overtaxed brains.
Worldwide smartphone has penetrated to 43% of adults, but this is only an average. Some countries have overtaken the US in smartphone usage, including South Korea, Singapore and Australia.
The third major trend involves digitalization and its drive to transform analog information into 1’s and 0’s that can be shot back and forth around the world at the speed of light. Simplification and digitalization are working hand-in-hand, driving each other in a feedback loop. In 2018, low-code and no-code development by non-technical workers will expand rapidly and could be responsible for 20% of business applications and 30% of new app features within a matter of months.
A wave of related future-of-work trends that will be making headlines in the year ahead include self-organizing global talent markets, AI-enhanced voice networks, and Internet of Things (IoT) nanosensors powered by RF backscatter.
Advances like these will allow businesses, governments, and entire cities to exchange information, innovate business models, and profit from original collective insights at unprecedented speeds. It’s definitely an exciting time to be alive and a dangerous time for businesses to sit still.
The speed of information
The mobility and speed of information is the defining event of our current moment, whether you think of it as a new industrial movement or a continuation of the third. While automation has underpinned the logic of all three industrial movements, machine learning and AI are accelerating what is possible, and shopping it out to analytical models that can make predictions identifying both opportunities and inefficiencies.
Forecasting and planning for major climate events, social unrest, and water and food scarcity are big and important applications for big data and AI, and can help create a better world. But AI can be the god of small things, too, helping businesses of all sizes optimize their operations and run leaner, more agile companies.
A major shift from Capex to Opex is poised to disrupt not just legacy manufacturing and channel partners but also the economic theories and models that policymakers have long Go to the full article.
Source:: Business 2 Community