Technologies with the most potential to restructure business landscapes
The ever-evolving tech world hardly gives any time to stop and wonder about the exceptional, unthinkable advancements. Within the blink of any eye, more and more upgrades to the existing technologies or completely new are taking over, scrapping the previous ones from existence. Big companies pay big money to consulting firms, trying to decipher the codes of what’s here to stay and what will fade away after sometime.
So, how can one determine the trends that are going to stay and which are not? Companies can only decipher the code by critically analyzing the growth and dynamics of these trends and figure out what suits them the best. Presented below are some such great technological advancements that have the greatest potential to restructure the business landscape.
1. Cloud Computing
Cloud computing has promised a revolution in terms of IT capabilities and back-office services in cost-efficient manners. This is good news for start-up businesses. The tech experts call it the new ‘normal’. Cloud computing provides that competitive edge to start-up enterprises by making their processes more advanced and better-equipped, allowing them to take on big brands. This vulnerability experienced by the market leaders has enabled start-up business owners to invest in low cost marketing and improved R&D with a tendency to reach a wider customer base on a global platform.
2. Data Visualization
What data visualization tries to achieve is to get you heard among the millions of other messages being delivered. Advanced communication has been breeding rapidly, demanding innovative ways to be seen and heard among all the mayhem.
Data visualization management provides the answer that surfaces on top to heed those demands. Statistics suggest that visualization creates a greater impact, maybe even the greatest. This involves creative means of displaying information using visual data such as images and infographics to communicate and be perceived in a convinced manner. This new trend, and most likely the one to stay for the foreseeable future, helps understand the business dynamics and trends in a much better and fun way.
3. Internet of Things
A term in its infancy, IoT is the network of things implanted with software, electronics, sensors, and network connectivity, enabling these things to exchange and collect data. Internet of things, as suggested by the experts, will soon mark its territory in the technology landscapes and propagate like no other technology ever did. Different sorts of data can readily be generated and more and more tools and devices can be controlled via internet, making internet of things your best chance at achieving the previously impossible.
4. 3D printing
Three dimensional printing has broken all barriers of the word impossible. It has been giving big companies a run for their money to keep themselves on top and they are still struggling to come up with valid answers and strategies on how to keep up. The paradigm is all set to make conventional topographies of manufacturing industries a thing of the past, providing a smarter and cheaper way to create goods. It has also announced complete alteration of the dynamics of distribution and sales.
Not to mention, attainment of physical goods will no longer be an obstructive task if you have the blueprint of what you desire. Consider yourself purchasing the blueprint of that shoe you loved and bringing it home to print it out for yourself. Seems amazing, doesn’t it? Well, this is now a reality. This is great news for small-sized enterprises and the marketing gurus are calling it the democratizing of the manufacturing processes as many businesses, especially entrepreneurs and consumers, will start printing of goods on their own, allowing them to compete with the big guns.