Rapid advances in artificial intelligence and other technologies are accelerating the creation of intelligent enterprises and enabling companies to increasingly integrate themselves into people’s lives. However, this requires a new era of leadership that priorities trust and greater responsibility. Accenture Technology Vision 2018, our annual technology report, predicts the key technology trends likely to disrupt business over the next three years.
Technology Vision: Ireland
As part of the Technology Vision, Accenture surveyed more than 6,300 business and IT executive’s worldwide business and IT executives worldwide, including 100 Irish C-level executives and directors. This year’s report, highlights how rapid advancements in technologies—including artificial intelligence (AI), advanced analytics and the cloud—are enabling companies to not just create innovative products and services, but change the way people work and live. Capitalizing on growth opportunities while also having a positive impact on society requires a new era of leadership that prioritizes trust and greater responsibility. Just as cities developed around ports and then railroads, or people rebuilt their lives around electricity, the world today is reimagining itself around digital innovation—and, by extension, the companies that provide those services. This requires a new type of relationship, built on trust and the sharing of large amounts of personal information.
This year’s Tech Vision trends are:
Trend 1: Citizen AI
As AI continues to rapidly evolve, it’s becoming a partner among people, with unprecedented access and impact on the ways people work and live. Deploying AI is now about more than training it to perform a given task.
By “raising” AI responsibly, businesses will create a collaborative powerful new member of the workforce—a responsible representative of the business, and a contributing member of society. Learn more here.
Trend 2: Extended Reality
Immersive experiences, through technologies like virtual and augmented reality, are changing how we connect with people, information, and experiences—taking us to faraway places and making distance a thing of the past. Extended reality is the first technology to “relocate” people in time and space, and we are here for it.
As immersive experiences spread across industries, the fundamental changes to enterprise and society are clear: The importance of place is disappearing. Learn more here.
Trend 3: Data Veracity
Business must adapt existing capabilities to combat a new kind of vulnerability: inaccurate, manipulated, and biased data that leads to corrupted business insights companies rely on to plan, operate, and grow. Unverified data is a new type of vulnerability, and one that every business leveraging digital technologies must address. Autonomous, data-driven decision-making is increasing across industries.
Left unchecked, the potential harm from bad data becomes an enterprise-level existential threat. Ensuring the integrity and veracity of data has now become paramount to strong leadership. Learn more here.
Trend 4: Frictionless Business
Companies need to utilize strategic partnerships to keep from falling behind. When these partnerships are technology-based, they can expand partner networks faster and into more ecosystems than ever before. Outdated, legacy systems are becoming a major hindrance to the relationships companies need to grow in order to innovate, compete, and win.
Microservices architectures, blockchain, and smart contracts are the cornerstone of technology partnerships. Those that invest in these changes today will lead the way to redefine how businesses transact in the future. Learn more here.
Trend 5: Internet of Thinking
Robotics, immersive reality, artificial intelligence, and connected devices are bringing a new level of technological sophistication to the physical world. But businesses that assume their existing IT infrastructures will support these systems do so at their peril.
Enabling intelligence for the next generation of technology demands an overhaul of existing IT infrastructures. A balance of cloud and edge computing along with a renewed focused on hardware can help companies deliver intelligence everywhere. Learn more here.