The growing influence of individuals and startup businesses are transforming established systems in societies and industries. This is encouraging businesses to restructure, increasing choices for consumers, and enabling society to become more flexible.
Dynamic, digital ecosystems will emerge in which constituents will interact collaboratively over decentralized networks. This open exchange of information and resources will revolutionize both workplaces and societies.
Data analytics will fuel innovation. Products will become ever-evolving things, continuously improving functionality and performance. This will boost customer value and promote the transformation of business models.
The physical-digital convergence will broaden in scope increasing the flexible and effective use of technology. This will create new value as limitations in time, space, and ability are removed.
Widely accessible advanced machine learning will result in expanded use of AI (Artificial Intelligence). AI will increase convenience, resolve intellectual labor shortages, and drastically advance science. Mastery of AI will become a critical component of competitiveness.
The advancement of voice recognition technology with enhanced context/emotion interpretation will make natural and seamless people-to-technology interactions available. Such intelligently interactive systems will change human behaviors, societal interactions, and decision-makings.
Advancements in perception technology for images and voice is enabling robots to acquire enhanced environmental awareness, providing opportunities to exploit its use within products such as self-driving cars and drones. These higher-level operational capabilities will transform the industrial structure.
DNA Analysis, biosensors, and EHR continuously generate data related to individuals, accelerating the field of data-driven life sciences and enabling root cause analysis (RCA) of genetics, personal habits, and environmental factors to aid in the treatment and preventive care of individuals.
With the rapid evolution and diffusion of virtual reality (VR) and augmented reality (AR) devices, the digital and real worlds are being further integrated and expanded. Human perception will become synthesized within new 3D spaces, allowing the sharing of knowledge and distributed experiences.
IoT devices have enhanced value by collecting more detailed and broader information, but have increased the risks from data breaches and large-scale cyber-attacks. While we certainly see that the value associated with utilization of data is realized, it is necessary to change the way we treat and protect data.
To supply the massive computing performance required for AI and IoT, new infrastructure is needed for both general use and specific purposes. Cloud services will rapidly enable such next-generation flexible infrastructure.
Development of the API economy and UX design has been simplifying the creation and continuous evolution of innovative services. Propagation of IoT will drastically change interactions between human and systems resulting in more natural and freer user experiences.