Creating Business Agility

Chapter 102020 Foresight

By now, you all must have started speculating about our future and what comes next to disrupt our existing businesses and society in general. We can safely argue that change is constant and we need to be flexible to embrace change and adopt new innovations rapidly that enable business agility. The past decade has been extremely disruptive as a result of the five major information technologies which we have labeled as the Force 5 Tornado as discussed in detail in previous chapters. These trends evolved almost at the same time, and now the convergence of these technologies is maturing and going past the hype curve to offer greater values in business transformation. We have witnessed these innovations and the game-changing revolution in the past few years impacting our businesses and economy, leaving many wondering what will come next and what the environment will look like by 2020. The cloud, social, mobile, video, and big data (discussed in previous chapters) will keep innovating and bringing new business solutions in the next few years. Gartner analysts forecast that the personal cloud will begin a new era that will provide users with a new level of flexibility with the devices they use for daily activities. While leveraging the strengths of each device, this will ultimately offer new levels of user satisfaction and productivity. However, businesses are at the crossroads, and they need to rethink the usage and deployment of these technologies rapidly ...