The world of technology is changing Are you ready for it?
Technology is alive in new settings. It’s transforming. Evolving and taking on new shapes. Businesses and people are now growing hand in hand with technology.
Future-ready technology professionals are the need of the hour, and few organizations have the environment to nurture such talent.
Read on to know where you fit into this new world of technology.
The Digital Business Era : Stretch Your Boundaries
Today’s pioneering enterprises are doing more than just talking a good digital game. They are fundamentally changing the way they look at themselves and quickly mastering the shift from “me” to “we.”
Proactive corporate leaders see their businesses, employees and customers as a living, breathing digital fabric offering unprecedented opportunity to establish beachheads in new markets, drive profit and change life for the better.
Through the transformational power of this network, we’re witnessing the birth of a new era of “digital ecosystems.”
Digital Era can be mapped to five key trends: The Internet of Me, Outcome Economy, Platform (R)evolution, Intelligent Enterprise and Workforce Reimagined.
1. Internet of ME
As everyday objects and experiences become digitized, new frontiers of individualization are created.
Much of the Internet’s appeal lies in the personal power it bestows: “My” news feed, “My” playlist, “My” book recommendations, and so on. But as the saying goes, “You ain’t seen nothing yet.” Even more authentic and meaningful individual experiences await.
Look all around: booking tickets are going digital, the refrigerators and other comforts of home are getting brainier, and the next time you take yourself out to the ballgame, you may just receive a smartphone alert on which concession stand has the shortest line for hot dogs and beer.
Everyday gadgets and machines are increasingly interconnected and consumers are demanding more “smart” tech.
Those who embrace the Internet of Me will sustain higher customer engagement and, in turn, open up new avenues of growth.
2. Outcome Economy
The true digital disrupters know that getting ahead is no longer just about selling things. It’s about delivering results.
New intelligence, in hardware and a lot of other things, is bridging the last mile between the digital enterprise and the physical world.
Early adopters, coming face-to-face with the Internet of Things, are uncovering opportunities to embed hardware and sensors in their digital toolboxes. They’re reaping bottom-line benefits and making life better for employees and customers.
Hardware — yes, hardware — is playing a leading role. Today, hardware is flexing its muscles, demonstrating rapid advancements that carry echoes of the software revolution more than a decade ago.
3. Platform (R)evolution
Enterprises are carving out new playing fields thanks to rapid advances in cloud and mobility technology. Platform-based ecosystems are the new plane of competition.
What’s old is new again.
Over two centuries ago, the bricks-and-mortar factory was the primary platform that launched the Industrial Revolution. So it is with digital technology, which promises as much, if not more, disruption.
Today’s new and evolving platforms are essentially comprised of well-defined architecture, governance and services and underpinned by the latest digital “tools” – social, mobile, cloud, Internet of Things and others. The platforms serve as a pool of reusable capabilities to achieve better business outcomes.
4. Intelligent Enterprise
Software that learns and adapts is no longer a one-off project. It must be an all-encompassing effort that propels discovery and innovation throughout the enterprise.
For years, software’s expanding capabilities were geared primarily toward helping employees make better and faster decisions.
Amid the influx of data—along with advances in processing power, analytics and cognitive technology—software intelligence is helping automobiles, thermostats and other everyday things recognize, “think” and respond accordingly.
Greater operational excellence awaits those who grasp the upside potential. Indeed, three out of five global businesses believe big data will boost their decision-making and competitiveness, according to our research.
This evolution is taking shape at workplaces – where virtual “agents” help call centers run more efficiently – and at home – where Netflix algorithms plumb viewers’ past choices for suggestions on what they might enjoy watching.
5. Workforce Reimagined
As the digital revolution gains momentum, humans and machines must do more together. Successful businesses will embrace both as critical team members.
Ready for a self-improvement exercise?
As digital and physical worlds increasingly cross-pollinate, people are being transformed into “better versions” of themselves, at work and everywhere else.
How? For starters, we’re using machines to take on more challenging physical tasks and perform more efficiently.
Advances in robotics enable machines to not only communicate with humans, but also work side-by-side with them. It’s a division of labor that plays to strengths of both.
Smart devices and wearable technology can gather information on a person’s surroundings, supplement physical tasks and detect hazardous situations— potentially– saving lives.
This reimagined workforce poses tricky questions. The biggest may revolve around recognition and response as the entire operational chain shifts to a digitally-driven model.
Innovation and Transformation
Business and technology move at a high speed and companies and people need to reinvent themselves constantly. Innovation is the answer and one needs to proactively bring bold, new ideas to clients and to organizations.
Software is now a key driver of differentiation and innovation. It’s a gateway to new services and new revenue streams, seamless customer experiences and expansion into new markets. To succeed amidst disruption, companies must respond by changing the way they design, build and use software.
Be Future Ready
Some companies really know technology. They live it every day and know more than others. When businesses want to transform and become high performers, they take the help of such companies.
What makes such companies stand out?
They have vision – they know what’s next, what to make of it, and how it’s going to impact businesses.
They have the differentiated capabilities. They adopt, adapt, update and build the right tools.
They have the right environment for innovation. it’s in their DNA. They nurture ideas, because that’s where the future lies.
Most importantly, their people are future-ready. Everyone stays abreast of what’s new, getting trained and building their skills. Without people who stay at the forefront of technological innovations, transformation is not possible.
What can you do to become future ready?
– Align your technology skills with industries.
– Understand clients : this skill will set the stage for a successful career.
– Understand the business you’re in and then up-skill yourself regularly to stay relevant.
– Recognize new roles that are available and how they map back to the technology skills that you have and can learn.