2019 Top Digital Transformation Trends
Forbes publishes key trends for executives to know
Forbes recently published its top 2019 digital transformation trends. You can read the full article here. Below is a synopsis.
All leaders know that technology in and of itself does not equate to digital transformation. The customer, culture and employees must be a key part of each technology investment. Here’s what to expect in the year ahead.
- 5G Fixed to 5G Mobile: At last, we’ll start seeing 5G everywhere. Companies like Ericcson, Qualcomm, Samsung and Huawei all getting into the action. Mimosa Networks is making it possible to roll 5G out to both rural and urban locations. These companies are helping 5G mobile providers—i.e. ATT and Verizon—to start offering new and more innovative services for mobile users.
- Chatbots Good to Great: Big advances are being made in the way of natural language processing and sentiment analytics. Some 40% of large businesses have or will adopt it by the end of 2019.
- Connected Clouds (Public, Private, Hybrid): Companies are realizing that going all public cloud, private cloud, or data center isn’t the best option. Sometimes, they need a mix of all or both. The term, Multi-cloud will be the new buzzword for the cloud conversation. For most businesses this means a mix of workloads running in public, private and hybrid environments.
- Blockchain Finally Understood and Flops (kind of): The only way to get mass blockchain adoption is to create a plug-and-play version that all of us can use and understand. Leading technology firms like IBM continue to make massive commitments to the potential of Blockchain for applications beyond cryptocurrency. The financial industry is also looking at this closely. I’m of the mindset that it will be 2-3 more years before we start to see the traction that has been promised.
- Data to Analytics to Machine Learning to AI: As recent data has shown we have created 90% of the world’s data in the past year, research is also showing that we are only using 1% of the data effectively. With improved processing power that can increase machine learning, we are going to see digital leaders investing in making more of all of their data and this will be done with machine learning and AI.
- GDPR Forces Brand Hands: Informed customers will start to see which companies truly care about protecting their data, and which companies really don’t. GDPR is the start of a more global trend that will hold companies accountable for how they treat privacy and personal data.
- AR Yes, VR (Still) No: Augmented reality (AR)—VR’s little brother—continues to be the name of the game in 2019 digital transformation trends. AR has found tons of use cases in enterprise workforce training, meaning it’s not just cool, it’s useful. And that’s what technology is all about.