Yes folks, it is that time of year when many of the analyst firms make their predictions for the future of technology, adoption, market trends, and more elements than you can possibly fathom. It is December 2018 after all, and as the year ends, we try to look ahead. So here are a few predictions of my own – not necessarily in any special order.
- There will be predictions but few will look back to see if they were right or readjust based on the constantly changing consumer demands.
- Many predictions will seem obvious. (For example: Internet usage will increase over the next 5 years.)
- Mergers and acquisitions will continue as suppliers try to expand their capabilities and market share.
- There will be an increase in small/emerging businesses by talented personnel seeking new opportunities, as a result of mergers and acquisitions.
- We will see a rise in interest for software robots to automate back office operations, and begin to address customer facing interactions.
In My View
I know, I am poking fun at some of these, and at times it seems this is all we get. There are legitimate predictions supported by data, provided by Gartner, Forrester, IDC, and some other firms that should be seriously considered. My point in all of this is that the future is an ever shifting sea of change. There will be changes in your business requirements, regulatory and legal compliance demands, and of course, technology.
While it is good to have these analyst predictions available for use as a guide to what’s coming, what happens for your business is completely dependent on changes to your business or outside forces that cause you to change. Know that the future is always uncertain and preparation is key in order to react accordingly and adapt to those changes.
By all means, pay attention to the predictions coming form the analyst firms as they do have supporting data to predict future trends. Knowing what they see and think helps you prepare for your future, and that is really what this is all about.
Bob Larrivee is President and Founder of Bob Larrivee Consultancy, a recognized expert in the application of advanced technologies and process improvement, and Journalist on Information Technology for Document Strategy. In his career, Bob has led many projects and authored hundreds of eBooks, Industry Reports, Blogs, Articles, and Infographics. In addition, he has served as host and guest Subject Matter Expert on a wide variety of Webinars, Podcasts, Virtual Events, and lectured at in-person seminars and conferences around the globe.