For several decades, the world has primarily measured technological advancements by a single metric: Moore’s law. As companies steadily harnessed ever-greater computing capabilities, they made incremental and important improvements in how they innovate, grow and operate. Moore’s law brought us progress that was exponential, but also predictable—until now.
Now, we’re at a new inflection point of technological disruption, as cloud, AI and metaverse evolve into megatrends that will dramatically bend the innovation curve. Much more than simply a form of computing, cloud is the operating system of the future enterprise. It allows businesses to run with greater speed and agility by standardizing operations on a common platform and enabling organizations to innovate and experiment faster. AI’s impact on business will be similarly far-reaching, because of its potential to reinvent practically every aspect of every enterprise. The metaverse marks a new era of digitally enhanced worlds and business models that will change how businesses interact and how they create products and services.
While the megatrends of cloud, AI and metaverse represent three technology “S-curves” that are disrupting businesses, they are also catalysts for productive business change. Legacy technologies limit an organization’s ability to change an innovation, but a strong digital core built on cloud, AI and metaverse enables continuous reinvention—embracing reinvention as a strategy in itself.