Doing researches for job interviews, I came across Deloitte Consulting’s eighth annual report on the state of technology. In this report, Deloitte cited seven emerging technologies as critical to the future of IT.
These are :
1-Dark analytics or “illuminating the opportunities hidden within unstructured data.”
Relational data in SQL databases is sometimes thoroughly analyzed, but not all of it is put to use. Some of it remains dark data, not to mention all the information in emails, corporate contracts and other raw text documents and meeting presentations. Dark data also includes images, video and audio files, all of which can be searched for useful information and insights.
Can you imagine retailers being able to predict which fashions are about to become current and where to place that bets on lines of clothing? Well this could be possible with effective image analysis. Similarly, venture capitalists could know ahead of time where to put investments in the next big thing, if they use sufficient raw data analysis.
2- Machine intelligence
It’s a combination of machine-generated data with analytics. But unlike the majority of analytics systems, which are performing historical analysis or taking a compilation of data and looking backward at it, machine intelligence is looks forward. Machine intelligence can help augment people do their jobs by making them smarter in a situation, make better decisions, and offer greater engagement with customers.
3-Mixed reality or “virtual reality or augmented reality, where digital systems add to sensory perception or substitute an engineered, virtual world for the real one”
Can you imagine its impact on education in the future? Phenomenal!
The Deloitte authors called this inevitable architecture a changeover from “managing instances to managing outcomes” and one of the main ways that companies of the future will be able to sustain innovation and growth.
5-Everything-as-a-service or “modernizing the core through the service lens”
It means upgrading aging core systems such as ERP to those that are organized around services, and refactoring the legacy systems that the company has depended on for years with few changes. It will move companies into a future where flexible services replace brittle, hard-wired systems that may have outlived their usefulness.
6-Blockchain which is pictured in the report as “a gatekeeper in the emerging trust economy”
7-Nanotech, biotech, quantum and more