Читать книгу Intelligent Connectivity - Abdulrahman Yarali - Страница 15
1.2.1 Trends that Could Disrupt the Industry
ОглавлениеVarious vital trends will disrupt the industry in the future. In this case, some of these trends include AI, where it is expected to benefit businesses and society at large, extended reality, data veracity, frictionless business, and the IoT. The emergence of AI has promised to change the world, and in the last few years, it has positively impacted people's lives. Different businesses are currently capitalizing on the potentials of AI; hence they acknowledge that it will revolutionize many different businesses in the next two decades. AI is more than a tool, and has changed the functionalities of different businesses (Kambala 2018). AI will continue to revolutionize digital marketing and ads based on a business or an organization's core values. The presence of extended reality aimed at ending the distance has transformed the way people work and live. In the next few years, this form of technology is expected to limit people's distance, information, and experiences. As a result, the business will benefit from these changes since employees can work from any location, resulting in higher productivity and turnover (Manyika et al. 2013). In two decades, data veracity will transform how people run data and help businesses deal with different vulnerabilities.
Data veracity is an emerging trend meant to determine if business insights may be corrupted and help the management avoid skewed decisions. It is essential for the organizations to address the issues associated with data bias, inaccurate and manipulated data trends, and ensure they run the organization effectively. Organizations need to redesign themselves as they get ready to embrace frictionless businesses to build to a partner at scale. One of the emerging trends is that businesses are depending on technology‐based partnerships as they seek to grow. The associations are meant to expand the partner networks faster than before (Manyika et al. 2013). The establishment of robust digital ecosystems will enhance business relationships between the organizations, which will guarantee a brighter future. IoT is another emerging technology that will continue to revolutionize business in the next two decades (Kambala 2018). It involves the interconnection of different devices over the internet, allowing people to communicate and run various applications. IoT will enable people to control their home heating, lighting, sprinklers, and many other appliances through their mobile devices (Manyika et al. 2013). These solutions have revolutionized business, and it is a trend that is expected to grow tremendously in the next few decades. It is expected that the integration of IoT will affect and disrupt many businesses since it provides unprecedented opportunities through process automation and data‐gathering processes.