Andrew Milroy, Senior Vice President, ICT Practice, Asia Pacific at Frost & Sullivan and CommunicAsia2015 Summit speaker shares his top technology predictions that will transform the digital landscape in 2015. This guest blog was contributed by Milroy.
Andrew Milroy, Senior Vice President, ICT Practice, Asia Pacific at Frost & Sullivan and CommunicAsia2015 Summit speaker.
Asia Pacific is dynamic, engaged, and more connected than ever, proving that the Internet has revolutionised the way individuals, communities and businesses communicate.
Three technology trends in 2015
- Internet of Things (IoT)
- Proliferation of wearables
- Software Defined Everything
Both immense opportunities and pressures have been created for businesses to tap into and keep up with the rapid adoption of all things digital.
Below I share my view on three technology trends set to transform the digital landscape in 2015, and their impacts on enterprises and consumers of today.
1. Internet of Things (IoT) gets real
The IoT is a network of IT enabled devices communicating to each other.
Andrew Milroy will be speaking at the CommunicAsia2015 Summit on 2 June 2015, 1.30pm at Level 3, Hibiscus 3703/3704, MBS.
He will be one of the panelists who will be discussing on “ Looking Beyond the Hype: Examining The True Value of IoT to Enterprises and Its Development in Asia”.
They will be discussing the following:
- Key elements in driving IoT adoption in Asia.
- The direction, the opportunities and the challenges for all stakeholders.
- Estimating the size of IoT benefits vs the cost of investment in acquiring IoT.
- Handling mobility and IoT security challenges.
In the past five years, IT enabled devices have not only become cheaper and more accessible across the region, but also increased access to IT enabled devices and reliable networks at lower costs.
As such, businesses can gain immense opportunities and leverage from IoT.
Take transportation for example, there are increasingly more mobile applications in Singapore that leverage on real-time information systems to provide predictive bus schedules.
These technologies fortify our position as a Smart Nation, helping us make more informed decisions in our daily lives and increase efficiencies.
IoT is also predicted to disrupt manufacturing industries despite allowing for increased automation in factories.
Manufacturing industries may decide to shift from labor-intensive markets such as China and Vietnam back to North America, Western Europe and Japan.
2. Proliferation of wearables
Consumers aside, businesses have the opportunity to benefit from wearable technologies too.
We see a huge potential in the shipping industry where logistics companies can immensely reduce paperwork through the use of IT enabled helmets or goggles that display shipping orders.
The healthcare industry can also leverage on wristbands to monitor patients’ health and display their medical records as opposed to the existing plastic wrist tags.
3. Software Defined Everything
The underlying software defined approach, Software-Defined Everything (SDx), which supports the IoT market will be highly relevant in the next decade where most industry will be re-defined by software.
SDx technologies allow businesses to virtualise their data and deliver as a service via cloud technologies.
Take the aviation industry as an example; the festive season sees increased website utilisation and bookings.
SDx technologies distribute the traffic amongst via the cloud, allowing consumers to experience faster and more reliable service than before.
As structured and unstructured data in organisations grow, security continues to be a concern. Watertight data security is a combination of thoughtful strategising and IT execution done right.
Businesses must understand how to leverage on such technologies to improve organisational processes, efficiency, and remain agile in the choices they make today.
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