The digital enterprises seem positive about the changes that are to come through in the digital trends in the coming year. Close observations by experts suggest that the following prominent trends are likely to guide the strategic decisions ahead.
1. Companies expect enhanced innovation in areas of new business model and technologies. This would call for integrating entire enterprise around a common digital platform. The business unit and IT has to create a unified digital plan to do away with technical burden wherever present so as to overcome the backload that’s retraining the companies from digital progression.
2. It is anticipated that companies will begin implementing next-generation platforms in the following year which can be employed to analyse industry-specific data uploaded on the IoT. AI and machine learning will be used to generate a correlation between data that was earlier assumed independent. These can prove to be useful in developing accurate diagnoses and treatment strategies.
3. ‘Cloud’ may be overshadowed by Matrix which enables better interaction with data. The highlight would be apps that enable small applications to run in easy environments. Data gravity will become the highlight and 5G wireless might also change the patterns of data accumulation in severe ways.
4. Stepping into an era of “information enlightenment”, enterprises focus on intelligent operations where data value will depreciate in no time and they have to translate information into actions swiftly. ML tools would become the key to establishing training mechanisms.
5. Blockchain could get a facelift where the potential of the technology may be explored beyond cryptocurrencies thought at this point it looks more like a marketing gimmick. Mass blockchain adoption can come through the creation of its plug and play version usable by anyone.
6. Privacy is mandatory and the responsibility of protecting personal data of customers in the digital realm will drive enterprises to relook at their digital strategies. All companies will have to comply with Europe’s General Data Protection Regulation (GDPR) and use the opportunity to enhance customer experiences and build stronger trust. There are several internet bingo sites where players share personal information at the time of registration and it’s significant that such sites maintain their standards in optimally safeguarding data. For this, enterprises will have to remap their information ecosystems with providers and reinforce systems to deliver better security standards and classified customer experiences.
7. It is expected that in 2019, the enterprise data centre workloads will shift to multi-tenant data centres. With this shift to the public cloud providers, who enable a greater bandwidth the enterprises will experience efficiency and maximization of the data value. This may contribute to the data centres of enterprises to become virtual booths in multi-tenant public clouds.
Cloud migration may take up to 3-5 years though there seems to be a lot of shift happening to set the stage. Even the mainframe workloads may move to specialized data centres. Taking a cue from the digital trends as highlighted above, the future of enterprises’ digital transformation looks quite promising.