There’s no doubt that technology has continued to make huge innovations which each month that passes.
Accenture’s Tech Vision 2017 report outlines 5 innovations and IT trends which are shaping business today and also redefining the employee/employer relationship.
Technology is rapidly changing the traditional workplace structure and grads today should be prepared to be agile and ready to respond do different ways of working. It’s beneficial for graduates to be aware of the main trends in technology which will shape their future workforce and career options.
Here are some of the latest technology innovations and trends:
Workforce market place
The 100-year-old workforce model is gone. For graduates entering the workforce in 2017, the typical full time “employee” role will be different to how it was for graduates in the past. The lines will be blurred between employee and contractors. Employers are fundamentally reinventing their workforces. Driven by a surge of on-demand labor platforms and online work management solutions, traditional workplace models and hierarchies are being dissolved and replaced with talent marketplaces. The on-demand enterprise will deliver the rapid innovation and organisational changes companies need to transform themselves into truly digital businesses.
From autonomous driving vehicles that use computer vision, to live translations made possible by machine learning, sophisticated Artificial intelligence will make interfaces simpler and smarter and replace cumbersome tools, setting a high bar for how future experiences will work. Artificial Intelligence will act as the face of a company’s digital brand and a key differentiator and will be a major part of business leaders’ investment and strategy.
As companies increasingly integrate their core business functionalities with third parties and their platforms, forward-thinking leaders leverage these relationships to build their role in new digital ecosystems. As they do, they’re designing future value chains that will transform their businesses, products, and even the market itself. These ecosystem decisions will continue to redefine businesses in shifting industries. Where companies will be in 10 years will depend on choices being made today, which grads can learn from and be a part of.
Design for humans
Technology will start to adapt around people – so instead of working around machines, machines will begin to work around people. Technology will be designed specifically for individual human behavior. Ever-growing customer expectations have pushed businesses toward offering ‘living services,’ driven by digitised products and more comprehensive personalisation. Companies are also using an understanding of behavior to design technologies that are more adaptive, responsive, and aligned to the goals and actions taken by customers and employees alike. Businesses are now redesigning everything from the interfaces customers and employees rely on, to the larger engagement journeys they make possible.
Businesses, and therefore the people within the businesses, must take on a leadership role to help shape the new rules of the game. Those who take the lead will find a place at or near the center of their new digital ecosystem, while those that don’t risk being left behind.
In an ecosystem-driven digital economy, a wide scope of rules still needs to be defined - from technology standards, to ethical norms, to government mandates. To be successful, businesses must work with regulators, standards bodies, and other ecosystem stakeholders to educate, collaborate, and define the rules of a new digital industry.
Check out Accenture Tech Vision 2017.
Our applications for 2018 are now closed but there will be more opportunities in the future. Let us know you are still interested by registering here.