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NEW YORK, Feb. 6, 2014 /PRNewswire/ -- Disruptive technologies provide an opportunity in 2014 to reshape organizations, change business models and transform industries according to Deloitte's 5th Annual Tech Trends Report, released today.
"Disruptive technologies – from wearable devices to cognitive analytics to crowdsourcing – present unprecedented opportunities to reimagine how work gets done, how businesses grow, and how markets and industries evolve. But they also represent threats – and real challenges on how to balance experimentation for tomorrow with the realities of today. Our report examines how these forces are changing business as usual and opening the door for information technology executives to inspire, provoke and harvest emerging technologies to transform how businesses operate, compete and innovate." says Bill Briggs, chief technology officer, Deloitte Consulting LLP, and author of the annual research.
Deloitte's 5th Annual Tech Trends Report, titled Inspiring Disruption, examines the changing landscape of technology and how multiple disruptive technology forces are converging on and impacting business today. The study focuses on the next 18-24 months and is divided into two categories – enablers and disruptors.
Disruptors represent opportunities for technology executives to create sustainable positive changes in IT capabilities, business operations and business models. The current report features: CIO as Venture Capitalist, Cognitive Analytics, Industrialized Crowdsourcing, Digital Engagement, and Wearables.
Enablers are technologies in which many organizations have already invested, but new developments and opportunities have inspired new business applications, thereby warranting a fresh look. The current report features: Technical Debt Reversal, Social Activation, Cloud Orchestration, In-memory Revolution and Real-time DevOps.
With detailed case studies and a section titled "Lessons from the front lines," the report provides an in-depth look at the latest technology developments that have the potential to impact the complex nature of today's business challenges. The report highlights examples of organizations putting the trends to work. It also features a "My Take" for each chapter, including an external perspective from a client executive, academic, or industry luminary. For additional information and to access the full report, please visit here.
This year, in collaboration with Singularity University, the Technology Trends research also added a section on Exponential Technologies. The fields highlighted have far-reaching, transformative impact and represent the elemental advances that have formed technology trends both this year and in the past. Five exponentials with wide-ranging impact across geographies and industries were featured: artificial intelligence, robotics, cyber security, additive manufacturing and advanced computing. The report provides a high-level introduction to each exponential-a snapshot of what it is, where it comes from and where it's going.
Example of trends that Inspire Disruption includes:
Adds Briggs, "Each of the 2014 trends is relevant today. Each has significant momentum and potential to make a business impact. And each warrants timely consideration-even if the strategy is to wait and see. C suite executives should keep in mind/keep top of mind: whatever you do, don't be caught unaware; or unprepared. Use these forces to inspire, to transform. And to disrupt."
Access the report here
About Deloitte Tech Trends
Deloitte's annual "Tech Trends" report identifies the 10 trends most likely to have an impact for CIOs in the coming year and beyond. Now in its fifth consecutive year, the trends are based on: feedback from client executives on current and future priorities, perspectives from industry and academic luminaries, research by alliance members, industry analysts, and competitor positioning and crowdsourced ideas and examples from our global network of practitioners. A digital copy of this year's complete report is available at Tech Trends 2014.
As used in this document, "Deloitte" means Deloitte Consulting LLP, a subsidiary of Deloitte LLP. Please see www.deloitte.com/us/about for a detailed description of the legal structure of Deloitte LLP and its subsidiaries. Certain services may not be available to attest clients under the rules and regulations of public accounting.
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