6 IT-Enabled Trends that Will Flourish in the Coming Times Service innovation, business models, and new ideas have always motivated the vast attention of the world. With the transformation of the economy from goods production to service provision, many organizations have started adopting the new business models in the marketplace. The innovation is IT-centric, and it is needless to say that the information technology enabled services are a recent hit these days. Today, we have listed 6 IT-enabled services and trends that will definitely flourish in the coming times. Monitoring the pace of technological advancement and innovation in business adoption, we can say that the business landscape is going to change in a stunning manner. With a number of internet connected devices going as high as 12 billion and mobile market influencing $1 Trillion business every year, IT-enabled services are certainly at booming high. Let’s analyze the trends singlehandedly. 1. Linking business with the social matrix: The influence of IT in the social technology has attained a consumer-oriented phenomenon. A simple practice can connect many organizations internally to increase the business output ultimately. In coming times, companies that will become more porous, speedy in their reach, will have knowledge-specific team assembles, and would draft robust social media strategies will witness comprehensive growth. For both digital communication and transactions, social features will become an integral part of business systems.
2. The Big Data and Advanced Analytics Competition: It is notable that in coming times, data and analytics will grow as a founding figure for steady competitiveness in the market. The data volumes coming from great social websites, sensors, smart devices and analysis will initiate the power of insight and research. The visualization of data, cloud infrastructure and wireless communication with enhance the global reach of information. In coming times, if your company will offer customized products and services for the microsegmented consumers, then it will win many loyal customers. Some IT-enabled
services like use of the advanced analytic software will massively influence the market.
3. The entire spectrum of ‘Internet of Things’: Embedded solutions, sensor activators, and tiny actuators- the entire IoT spectrum is going to influence the future marketplace in a unanimous manner. From single RFID models to global positioning systems, home automation devices, sensor-based monitoring, camera control units, motion detection systems, and so on- global companies will start using embedded solutions for the most convenient user interface.
4. IT will bring everything under the domain of service: No matter a product has a physical origin or not, it will sooner or later come under the IT discipline for sure. With emerging ecommerce platforms like Amazon and eBay, one can see the potent growth of physical businesses in the IT-enabled world. So even if you are cosmetic business, you will sooner find yourself over the world of web to enhance your business reach and visibility.
5. The decay of Physical Labor: With intelligence and IT taking the driving seat, the era will soon witness the collapse of physical intensive labor work and transactional tasks. It is simple that the automation industry will dominate the coming decades as it will also hoot the importance of data analytics. The low-cost power of computers, easy interface, and quick machine learning features will also help the growth.
6. Transformation at the fundamental level: The traditional sectors of government, healthcare, public and education will soon undergo the big change derived from the IT enabled services. Though many areas are already using IT services, they are not automated from the core. The big IT boom will sweep every sector in the coming times.
*****************