New World Technologies 2020 and Beyond - Preview
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This document provides a summary of the book "New World Technologies: 2020 And Beyond" which discusses emerging technologies and their impact on business. The book is divided into four sections that cover digital transformation, emerging technologies such as blockchain and IoT, their impact on industries, and strategic technology planning. It acknowledges that while technology is advancing rapidly, business models change more slowly, so careful selection of technology is important. The author aims to help managers understand key technologies and how to plan technology projects strategically.
New World Technologies 2020 and Beyond - Preview
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- 2. 2 New World Technologies: 2020 And Beyond Errol S. van Engelen Copyright © 2018 Errol S. van Engelen All rights reserved worldwide. No part of this book may be scanned, uploaded, reproduced, distributed, or transmitted in any form or by any means whatsoever without written permission from the author, except in the case of brief quotations embodied in critical articles and reviews. Thank you for supporting the author’s rights. Published 2018.
- 3. 3 Content Preface I – Digital Transformation Think Business Transformation, Not Technology Digital Transformation Maturity Why Culture Is Key In Digital Transformation How To Accelerate Digital Transformation Core Components In Digital Transformation Engage Your Audience With Great Content Boost Your Exposure Using Social Media Turning Big Data Into Business Insights Marketing Automation Increases Efficiency Emerging Technologies Connected With Big Data Summary Homework Assignments II – New World Technologies Part 1 Blockchain Blockchain Powered by Big Data What Others Are Doing With Blockchain Impact of Blockchain in Industries Summary Homework Assignments Internet of Things (IoT) IoT Powered by Big Data What Others Are Doing With IoT Impact of IoT in Industries Convergence Between Blockchain and IoT Summary Homework Assignments Augmented Reality (AR) AR Powered by Big Data
- 4. 4 What Others Are Doing With AR Impact of AR in Industries Summary Homework Assignments Virtual Reality (VR) VR Powered by Big Data What Others Are Doing With VR Impact of VR in Industries Convergence Between AR and VR Summary Homework Assignments III – New World Technologies Part 2 3D Printing 3D Printing Powered by Big Data What Others Are Doing With 3D Impact of 3D Printing in Industries Summary Homework Assignments Artificial Intelligence (AI) AI Powered by Big Data What Others Are Doing With AI Impact of AI in Industries Summary Homework Assignments Drones Drones Powered by Big Data What Others Are Doing With Drones Impact of Drones in Industries Convergence Between AI and Drones Summary Homework Assignments Robotics Robotics Powered by Big Data What Others Are Doing With Robotics
- 5. 5 Impact of Robotics in Industries Convergence Between AI, Drones and Robotics Summary Homework Assignments IV – Strategic Technology Planning What Is Strategic Technology Planning Why You Need A Strategic Technology Plan Your Technology Plan Should Be Holistic SOSTAC® – Technology Planning in Six Steps Step 1 – Situation Analysis Step 2 – Objectives Step 3 – Strategy Step 4 – Tactics Step 5 – Action Step 6 - Control Business Model Canvas (BMC) Think Business and Revenue, not Technology BMC Building Blocks How to Innovate Your Business Model Summary Homework Assignments Index
- 6. 6 Preface For Students, Managers and Executives in Business and Technology, interested in Digital Transformation and Emerging Technologies When I started writing this book, many different ideas crossed my mind. On one hand, it’s obvious that technology makes our life a lot easier and has therefore a positive impact on society and business. On the other hand, certain technologies outsmart humanity and threaten our survival as the leaders on the planet, Scary, but also a feasible scenario. No one can say right now with total certainty what’s going to happen within the next 30 or 40 years. But let’s look at technology in a positive way though. You may have heard this phrase about fast pacing technology “There have been more changes in technology in the past two years than the previous fifty years”. While it’s clear that changes in our business models don’t have the same speed. For this reason it’s necessary to select new technology very carefully to stay in line with your slower changing business models. Many managers are wondering how to deal with the overload of technologies and are afraid to select the wrong technology to improve their business. Since they own the technology budgets, they need to be sure that the money will be spent wisely. But unfortunately sometimes they overlook difficulties in selecting new technology. In general, large enterprises are well positioned to adopt innovative, new technologies and jump into this brave new world. The ecosystems around them such as vendors and partners are more than willing to support. And even with tight budgets, large companies have sufficient funding and resources for projects. Whereas small and medium businesses normally don’t have sufficient resources to hire external experts to advise on the right technologies. So they are going to try it themselves. And that can lead to disappointment, because they may lack the required knowledge. Layout of the Content I have focused on the most impacting new technologies. The technology area is so big that it’s fairly impossible to mention them all. That’s why the technologies you will find here are very likely to have a big impact on business and society. When deciding ‘what technologies to write about’, I felt most inspired by the ‘Eight Essential Technologies’ written by Pricewaterhouse Coopers (PwC). I’ve structured the content in four sections: Section I is a holistic view of Digital Transformation which is causing many disruptions both in business and technology. Big Data is at the core of this transformation process, while Emerging Technologies specialise in specific areas. In Section II, I focus on Emerging Technologies such as Blockchain, Internet of Things, Augmented and Virtual Reality. These technologies can be powered by Big Data, converge with each other and have impact in various industries.
- 7. 7 In Section III, I focus on other Emerging Technologies such as 3D Printing, Artificial Intelligence, Drones and Robotics. Again, these technologies can be powered by Big Data, converge with one another and have impact in various industries. Section IV is about Strategic Technology Planning, which helps to reduce complexity when starting a digital or technology project. The methodology I find most useful is a mix of methodologies such as SOSTAC® and Business Model Canvas. Acknowledgements I want to thank everyone who helped in the creation of my book. In technology projects, many in the role of client, employer or colleague helped me directly or indirectly to obtain the proper image of the impact technology has on business. I would also thank the many online experts and content publishers who increased my knowledge of technology. I hope you enjoy reading while improving your technology skills and knowledge with New World Technologies World: 2020 And Beyond. Rotterdam, August 2018 Errol S. van Engelen