Top Technologies for Business Transformation

 
 
By Dennis McCafferty  |  Posted 10-06-2014 Email
 
 
 
 
 
 
 
 
 
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    Innovation Most Likely to Drive Enterprise Business Transformation in the Next Three Years:
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    Innovation Most Likely to Drive Enterprise Business Transformation in the Next Three Years:

    Cloud/Saas/PaaS/IaaS: 14%, Mobile platforms and apps: 9%, 3D printing: 7%, Internet of Things/machine to machine: 6%, Biotech/health care IT: 5%
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    Top Industries Projected to be Transformed by Emerging Tech:
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    Top Industries Projected to be Transformed by Emerging Tech:

    IT: 21%, Consumer markets: 12%, Health care: 11%, Automotive/transportation: 10%, Manufacturing: 10%
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    Three Biggest Challenges for Innovation
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    Three Biggest Challenges for Innovation

    Restrictive regulations: 34%, Consumer fatigue and pullback: 29%, Ability to demonstrate ROI: 27%
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    Most Likely Innovations to Enable Next
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    Most Likely Innovations to Enable Next "Indispensable" Consumer Tech

    Cloud/SaaS/PaaS/IaaS: 14%, Mobile platforms and apps: 9%, 3D printing: 8%, Biotech/health care IT: 7%, IoT/machine to machine: 7%
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    Value Points
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    Value Points

    25% of global tech business leaders say the top consumer benefit to cloud technologies is increased efficiencies from connected home technologies, and 24% say it is easier access to personalized, real-time information.
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    Three Top Barriers to Commercializing Tech Innovation
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    Three Top Barriers to Commercializing Tech Innovation

    Security: 27%, Tech complexity: 22%, Customer adoption: 21%
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    Biggest Benefits for Businesses in Adopting Cloud Computing
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    Biggest Benefits for Businesses in Adopting Cloud Computing

    Improved business efficiencies: 37%, Cost reductions: 22%, Faster innovation cycles: 11%
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    Biggest Benefits for Businesses in Adopting Data Analytics
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    Biggest Benefits for Businesses in Adopting Data Analytics

    Improved business efficiencies: 35%, Faster innovation cycles: 21%, Enhanced customer loyalty: 16%
 

If you had to pick just one IT niche that will most transform business over the next several years, which would it be? The cloud? The Internet of Things? Mobility? All three of these rank high on a survey-supported list recently published by KPMG. And other included technologies may surprise you. Findings focus on a variety of enterprise and consumer-based opportunities and challenges. Mobility commands much of the attention, of course, especially with a vast increase in data from devices driving the development of advanced analytics tools. The analytics tools, in turn, inspire mobile developers to come up with new solutions to generate new data, creating what appears to be a tech-fueled, non-stop cycle. Expect more of the same with other aforementioned IT niches. "A growing global tech innovation engine is creating more rapid widespread disruption," says Gary Matuszak, global chair of KPMG's technology, media and telecommunications practice. "Leaders … need to nail the right strategy to outpace existing and new competitors to a much higher degree than in the past." More than 765 global technology business leaders participated in the research. (Note: In many cases, survey participants could choose only one response among many options, which is why the resulting percentages may appear low.) For more about the survey, click here.

 
 
 
 
 
Dennis McCafferty is a freelance writer for Baseline Magazine.

 
 
 
 
 
 

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