“Blockchain can serve as a new foundational protocol for trust throughout the enterprise and beyond.”
This according to Mohammed Gause, Deloitte Africa, Technology Leader, commenting about the research firm’s newly released ninth edition of the Tech Trends 2018: The Symphonic Enterprise report.
Findings from the report show that digital reality, cognitive and blockchain – stars of the enterprise technology realm – are redefining IT, business and society in general.
This year’s Tech Trends report theme is the symphonic enterprise; an idea that describes strategy, technology and operations working together, in harmony, across domains and boundaries.
“We are now seeing some forward-thinking organisations approach change more broadly. They are thinking about exploration, use cases, and deployment more holistically, focusing on how disruptive technologies can complement each other to drive greater value”, said Gause.
Speaking to ESI Africa at the launch of the report, Hans van Grieken, EMEA Technology Research & Insights leader at Deloitte, highlighted how these trends are influencing the energy space - listen to the audio below.
Among the trends featured in this year’s report are:
- Digital reality: represents the next phase in the augmented reality and virtual reality revolution; and
- The new core: examines how core functions of finance and supply chain are being reimagined by digital convergence and the breakdown of traditional operational boundaries.
- Enterprise data sovereignty: there is an increasing demand to “free” it and make information accessible, understandable as well as actionable across business units, departments, and geographies. This requires modern approaches to data architecture and data governance that takes advantage of machine learning, natural language processing, and automation to dynamically understand relationships, guide storage, and manage rights.
The report explores two longer-term technology trends: artificial general intelligence and quantum encryption.
“Around the globe, organisations increasingly recognise the value that the new core trend can offer. According to findings from a recent survey of Deloitte leaders across 10 regions, the new core is gaining traction as an effective means for framing broader digital transformation agendas. These agendas often include, among others, core ERP upgrades, and deployments of disruptive technologies, such as cognitive, robotics, and IoT.”, says Gause.
Here is a closer look at some of the trends that could offer opportunities and challenges across industries during the next 18 to 24 months:
- Blockchain to blockchains: Blockchain is moving rapidly from exploration into mission-critical production scenarios. Advanced use cases and increased adoption drives the need to coordinate, integrate and orchestrate multiple blockchain initiatives within a large organization, potentially across multiple blockchains across a value chain.
- Digital reality: In the next phase of augmented reality and virtual reality’s evolution, companies are focusing less on the novelty of devices, and are focusing instead on developing strategies and impactful enterprise use cases. As this trend unfolds, IT leaders will work to tackle persistent challenges in core integration, cloud deployment, connectivity and access.
The full Tech Trends 2018 report can be found here.