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5 Defining Tech Trends that Will Shape Business

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Platform Economy

Through partnerships or through their own digital infrastructure, industry leaders are designing new products and service innovations by developing platform-based business models. These strategies are driving the most profound change in the global macroeconomic environment since the Industrial Revolution. Take medical equipment maker Philips, for example. It has built the Philips HealthSuite platform with three cloud partners: Salesforce, Amazon AWS IoT and Alibaba AliCloud. This platform business model supports an entire ecosystem of interconnected patients, providers and partners.

According to a World Economic Forum 2016 report, the cumulative value of digitization could reach $100 trillion over the next 10 years. With digital pervading everything, it's bringing with it ubiquitous and unprecedented amounts of change.

Recently, the Accenture Technology Vision 2016 report found that fostering a people-first approach – equipping employees, partners and consumers with new skills to fully capitalize on technology advancement – will be key to unlocking success in today's disruptive digital economy.

The analysis is partly based on a global survey of more than 3,100 business executives. The survey found that 86 percent of respondents anticipate the pace of technology change will increase at a rapid or unprecedented rate over the next three years. Yet, most corporate cultures are not keeping up with technology advancements, creating a state of digital culture shock.

In this slideshow, Accenture has highlighted five trends, fueled by the people-first approach, that provide a roadmap to digital success.

 

Related Topics : A Big Market for Big Data Jobs, Midmarket CIO, IT Management Automation, SharePoint, Technology Markets

 
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