Impact of New Technologies by 2030

According to the 2012 report, Global Trends 2030: Alternative Worlds, published the US National Intelligence Council, four technology arenas will shape global economic, social and military developments by 2030. They are information technologies, automation and manufacturing technologies, resource technologies, and health technologies.

Information technologies

Three technological developments with an IT focus have the power to change the way we will live, do business and protect ourselves before 2030.

1. Solutions for storage and processing large quantities of data, including “big data”, will provide increased opportunities for governments and commercial organizations to “know” their customers better. The technology is here but customers may object to collection of so much data. In any event, these solutions will likely herald a coming economic boom in North America.

2. Social networking technologies help individual users to form online social networks with other users. They are becoming part of the fabric of online existence, as leading services integrate social functions into everything else an individual might do online. Social networks enable useful as well as dangerous communications across diverse user groups and geopolitical boundaries.

3. Smart cities are urban environments that leverage information technology-based solutions to maximize citizens’ economic productivity and quality of life while minimizing resources consumption and environmental degradation.

Automation and manufacturing technologies

As manufacturing has gone global in the last two decades, a global ecosystem of manufacturers, suppliers, and logistics companies has formed. New manufacturing and automation technologies have the potential to change work patterns in both the developed and developing worlds.

1. Robotics is today in use in a range of civil and military applications. Over 1.2 million industrial robots are already in daily operations round the world and there are increasing applications for non-industrial robots. The US military has thousands of robots in battlefields, home robots vacuum homes and cut lawns, and hospital robots patrol corridors and distribute supplies. Their use will increase in the coming years, and with enhanced cognitive capabilities, robotics could be hugely disruptive to the current global supply chain system and the traditional job allocations along supply chains.

2. 3D printing (additive manufacturing) technologies allow a machine to build an object by adding one layer of material at a time. 3D printing is already in use to make models from plastics in sectors such as consumers products and the automobile and aerospace industries. By 2030, 3D printing could replace some conventional mass production, particularly for short production runs or where mass customization has high value.

3. Autonomous vehicles are mostly in use today in the military and for specific tasks e.g. in the mining industry. By 2030, autonomous vehicles could transform military operations, conflict resolution, transportation and geo-prospecting, while simultaneously presenting novel security risks that could be difficult to address. At the consumer level, Google has been testing for the past few years a driverless car.

Resource technologies

Technological advances will be required to accommodate increasing demand for resources owing to global population growth and economic advances in today’s underdeveloped countries. Such advances can affect the food, water and energy nexus by improving agricultural productivity through a broad range of technologies including precision farming and genetically modified crops for food and fuel. New resource technologies can also enhance water management through desalination and irrigation efficiency; and increase the availability of energy through enhanced oil and gas extraction and alternative energy sources such as solar and wind power, and bio-fuels. Widespread communication technologies will make the potential effect of these technologies on the environment, climate and health well known to the increasingly educated populations.

Health technologies

Two sets of health technologies are highlighted below.

1. Disease management will become more effective, more personalized and less costly through such new enabling technologies as diagnostic and pathogen-detection devices. For example, molecular diagnostic devices will provide rapid means of testing for both genetic and pathogenic diseases during surgeries. Readily available genetic testing will hasten disease diagnosis and help physicians decide on the optimal treatment for each patient. Advances in regenerative medicine almost certainly will parallel these developments in diagnostic and treatment protocols. Replacement organs such as kidneys and livers could be developed by 2030. These new disease management technologies will increase the longevity and quality of life of the world’s ageing populations.

2. Human augmentation technologies, ranging from implants and prosthetic and powered exoskeleton to brains enhancements, could allow civilian and military people to work more effectively, and in environments that were previously inaccessible. Elderly people may benefit from powered exoskeletons that assist wearers with simple walking and lifting activities, improving the health and quality of life for aging populations. Progress in human augmentation technologies will likely face moral and ethical challenges.

Conclusion

The US National Intelligence Council report asserts that “a shift in the technological center of gravity from West to East, which has already begun, almost certainly will continue as the flows of companies, ideas, entrepreneurs, and capital from the developed world to the developing markets increase”. I am not convinced that this shift will “almost certainly” happen. While the East, in particular Asia, will likely see the majority of technological applications, the current innovations are taking place mainly in the West. And I don’t think it is a sure bet that the center of gravity for technological innovation will shift to the East.

A Very Brief Recent History of Business Technology Applications

In the late 1990’s technology soared. It was the era of the dot.com boom and subsequent bust. Many new software and hardware advances were adopted by large companies that began to integrate new technologies into their business processes.

Some of these technologies were on the ‘bleeding edge’ with buggy software, crashes, insufficient memory and so on. Online ‘cloud’ or web based applications were often not reliable and not user friendly.

For smaller companies without IT departments, being on the technology bleeding edge was the equivalent to living a nightmare.

Around 2003 the applications became more robust and bugs and crashes were less of a problem. Part of this progress was due to the dramatic drop in pricing for computer memory meaning that more robust programs could be run without crashing.

Also around this time many industries developed industry specific software to run businesses like car dealerships or bookstores. Called “management systems” this genre of software allowed smaller companies to combine all their processes under one program. This management software also did not require an onsite IT department to keep it running.

This vertical industry specific software was complemented by horizontal industry software such as bookkeeping and contact management software. This meant that a company could also run its books and keep track of prospects and customers in ways they were not able to do before.

Software and platform integrators stayed busy. The big drive during this period was to try to link and integrate software. For instance, management software would generate an invoice, note that it was paid and then route the data to the proper category in the general ledger through a linked accounting system.

It was clearly understood that the more integrated and “seamless” a software was, the more powerful and cost effective it could be. And since human error continued to be a major drawback to software applications, greater integration meant not only saving time and money but reducing errors.

As hardware and software improved it also became cheaper and more affordable to smaller companies. By 2005 and 2006 many of these applications became more mainstream and were used by smaller and smaller companies.

Perhaps the biggest advances during this time were web based applications. Companies could link all parts of their business online from sales and inventory to employee communications and human resources.

This shift also reduced costs from thousands of dollars for a software purchase to a monthly user’s fee making it much more affordable. These applications also eliminated a lot of paper.

By 2007 the second wave of technology upheaval had begun as smaller and smaller companies began using technology to manage and market.

Smaller companies began to sell more online and funnel new prospects to their sales department. These new technologies allowed companies to sell more by expanding their markets.

“In today’s marketplace if a retail or service business does not exploit all their potential markets then their competitors will,” says Eric Ressler of Zuniweb Creative Services, “it’s just not optional anymore.”

Across horizontal and vertical industries the key driver is strategy. Those companies with a solid strategy that is well executed are stronger competitors.

Technology is a critical component in almost all business strategies and in recent years technology has enabled businesses of all types to leverage their strengths in their respective markets.

As technology has become more user friendly it also has more users. Today one does not have to know html or coding to operate very sophisticated software and companies do not require a high level of technical expertise to run most software.

The big advantage is that the user can focus on business functions and not on user unfriendly software.

With these innovations has come a second wave revolution that is changing the way business operates today. As always, the issue is which companies take advantage of these opportunities and which do not.

As always the marketplace will ultimately decide which of these companies succeed.

Why Application Development Services are Important for a Company?

The experiences of the last century have forced users to adopt scalable and extensible architectures that can support 24X7 business availability to accommodate global customer and reduce development cycle to maintain.

To compete with this Application development companies has immerged to serve the need. Through their application development services they have been addressing the need of industry verticals such as banking, finance services, insurance, telecom, retail, transportation, health care, manufacturing and many others.

Application development refers to a software process or programming applications, where customized software products are developed and planned in a structured manner to perform a desired function. In a lay man language Application development services involves creating a computer programs to perform set tasks by keeping track of detailed itemized records and billing customers to maintaining accounts, speeding up business process and, in fact, even improving application effectiveness. Application development services involve higher levels of responsibility, including for requirement capturing and testing.

Custom application development is not a new field but it has extended the world of information technologies to various specific functions within an organization. This is the reason why many companies started providing custom software and application development services. Application Development offers platform to a business at low cost with rich competence and permit to generate the solutions based on information technologies. Application development helps businesses to achieve greater productivity and higher Return on investment as it improves quickness and Maximizes efficiencies in IT services, Decreases software purchase rate hence resulting in significant cost savings process.

To conclude, In today’s competitive market, seeped, flexibility and quality are critical to gain a winning edge. Rapid development of information technologies is equally crucial to attain this goal. An application development company can allow companies to focus greater energy on their core business, by shouldering the burden of responsibility for inventory and billing customers to maintaining accounts, speeding up business process and, improving application effectively.

Innovative Solutions for Business Transformation With Inshore Technology

With a turnaround in the employment policies the US businesses are facing considerable challenges in implementing a structured framework that is in tandem with the business goals, and that which encourages new business processes for optimum service delivery without raising the costs. Today businesses require a management system that can leverage technology applications providing unquestionably efficient solutions to carve a niche in the complex and competitive race.

With the winding up of the offshore operations the US organizations need to gear up with solutions that can yield highly productive results without adding to the expenses. The cleverly crafted inshore plan has been designed with the aim of reducing the risks apparent during the transition of projects and applications. The model deploys strategies for handling integration amongst the teams and aligns them according to the business requirements for advanced progress.

Handling Technology Efficacies

The gargantuan presence of technology for business proliferation is evident from the way it is shaping the market trends. Technology innovation marks the up-gradation and maintenance of quality standards and metrics that drive the business processes. The inshore model provides flexible architectures that can incorporate new technologies without upsetting the budgetary balance. It also helps to develop methods directed at concentrating on the core needs of your business. It provides you with expert solutions that encompass every aspect of the technology domain such as digital media, social networking, SaaS and cloud solutions that facilitate smooth transition of your legacy systems onto these newer models.

Business Operations Management

The fulfillment of IT operations to the hilt is fundamentally decisive for a capable business process management. The inshore technology employs the best development and maintenance processes for IT governance and compliance modeled on the standardized industry frameworks such as CMM, ITIL and Six Sigma. The management operational excellence consulting solutions provided by the inshoring model are key factors that provide value-added strategic initiatives for your business.

A Cohesive Strategy for Developing, Integrating and Managing Business Applications

Most of the US organizations fail to strike a balance between creating an efficient service delivery team and optimizing the costs of the application infrastructure. The inshore module handles the application monitoring, support, tuning and other minor additions that help you to achieve higher levels of integration and control thus reducing the risks. It provides agile methodologies and developmental plans with a focus on the customer’s needs.

The inshore strategy with competent technology transformation solutions releases you from the burden of maintaining the legacy systems and prevents a shortage in your finances. It facilitates administration through the web and simplifies the configuring process through a system comprising of a set of services. Its adaptive nature is thoroughly pliant with the core requirements of your business. It enforces a system that tends to the IT operational needs and gives your business a boost with promising business application management solution.