Tech Ideas You Need to Know
Source: CPA Trendlines
The following includes excerpts, reproduced with permission, from a blog post by Rick Telberg.
Leading thinkers at McKinsey & Company recently identified a new top-10 list of tech mega-trends. Here are five of them:
Distributed co-creation moves into the mainstream. The power of the social Web is changing not only how companies connect with customers, but also how they actually make money. McKinsey notes that 70 percent of senior executives report their companies regularly “created value through Web communities.”
Making the network the organization. McKinsey says Dow Chemical, for example, has set up its own social network “to help managers identify the talent they need to execute projects across different business units and functions.” Dow has even extended the network to include retired employees.”
Collaboration at scale. Video and Web conferencing, for example, is growing 20 percent annually as companies seek to pool, manage and multiply the effectiveness of their knowledge workers. Even the U.S. intelligence community is adopting wikis and blogs. The whole notion of organizational “capital” could evolve as full-scale collaboration becomes a reality.
The growing “Internet of Things.” The proliferation of RFID tags on products and inventory is only the first wave in a new breed of “smart” assets – refrigerators that can automatically re-order and schedule delivery when you run out of ketchup, cars that can automatically take evasive action to avoid accidents. Imagine the changes in cost and pricing structures for the grocery business or auto insurance.
Experimentation and big data. What if you could analyze every transaction? Corporate data is doubling every 18 months. Amazon, eBay and Google are using the new plethora of data to test everything from new manufacturing processes to products and promotions.
For the complete post, read “10 Tech Mega-Trends Changing the Way You'll Do Business.”
From CPA Trendlines, http://cpatrendlines.com, September 2, 2010.