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Information Technology Trends 2018 (via comptia)

IT trends, trends, it, IT, information technology, technology

Source: www.comptia.org

Introduction

This has to be one of the most detailed lists of information technology trends for this year from Comptia.  I love Comptia!  It has treated me very well when I take classes in computer systems, programming and such.  Anyways, back on subject.  The trends talked about here are focusing on areas where there are higher expectations in business value, security, transparency and equal access.  

3 Key Points 

  1.  The IT sector projections are that it’s to grow 5% this year 
  1. Evolving tech labor market will create both challenges and opportunities 
  1. There’s a balancing act of incrementations and transformations 

12 Trends of Information Technology to Watch 

1.  Open Source Concepts – Allows more people to create in more inventive ways.

  • Able to build more applications using blockchain, natural language, and context-aware algorithms 
  • Use cases include drones, robotics, and 3D printing 

2.  Cloud Keeps on Growing – Presently for non-critical use. 

  • Moving data on to where companies can store and use any program in the Cloud 
  •  The system is rebuilt to maximize cloud characteristics 
  • Companies have to change policies and workflow which will be more difficult than dealing with implementing the Cloud itself.  Something to consider.

3.  Internet of Things – These types of devices are really making an impact in the business world.  

  • There are many benefits for using these devices, but companies aren’t considering system connectivity and optimization, plus IT responsibilities 

4.  Artificial Intelligence –  This is the one to focus on. 

  • The one most likely to change the IT environment 
  • Requires computational resources which found in the Cloud 
  • Algorithms allowing learning through making new products or services 
  • The contextual awareness which can come from IoT devices or big collections of data  

5.  Cyber Security – Incidents are occurring more and more. 

  •  It has to change to meet the challenges that attackers give them 
  • More and more advanced methods of attack to face down 

6.  IT May No Longer be Given the Benefit of the Doubt – Tech is so pervasive that we don’t know where it begins or ends. 

  • Because of how beneficial tech is to us, when something flops we usually give the benefit of the doubt 
  • Signs are showing that we’re now beginning to hold technology accountable for mistakes that happen unlike before
  • Questions dealing with security, privacy and screen time issues come up all the time now 

7.  Insights Economy – Learning about customers wants and needs. 

  • Machine learning and artificial intelligence are driving this and supporting it 
  • Pattern recognition, predictive analytics, natural language processing, and computer vision is what supports the new insight economy  

8.  Upgrading Digital Expertise in the Boardroom – Got to have people who are tech savvy so they can run things smoothly 

  • Tech initiatives include infrastructure, mobile environments, data, and integrations 
  •  Have to have the feel for the tech landscape in the boardroom 
  • Cybersecurity and data governance will be followed, not just known like before

9.  New Collar Jobs Increasing – How does technology work in different industries? 

  • IoT is making new jobs, new categories of learning and technologists 
  • Learn both hard and soft skills, not just a four-year degree  

10.  Online Marketplaces – Friend or Foe of the Traditional Market 

  • Online stores are changing the market in all sectors 
  • Brick and mortar stores just have to make some changes to keep up, along with looking out for new challenges, but it can be done 

11.  Subscription Prices Harder to Figure Out – How will you price your products and/or services? 

  • Make sure to learn Accounting Standards Codification 606 which came out in December 2017 
  • PSA tools like ConnectWise can possibly help with that

12.  As-A-Service World – That’s the tech landscape in a nutshell.   

  • New technologies are beginning to intrude into the as-a-service world 
  • More and more customers are using as-a-service and expect much from it.  Companies have to make sure that they are really up to date and not just talking.   

Summary 

There are huge changes that are coming and your company needs to keep up or be left.  There are new markets coming to play that can be taken advantage of.  For example, there’s authentication-as-a-service, analytics-as-a-service, artificial-intelligence-as-a-service, drones-as-a-service with many more coming along.  To keep up with all the changes invest in training for new skills, workforce development, and many more areas to be able to take better advantage.  Time to start planning for the future. 

 

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Top 5 Trends From Mobile World Congress 2018

mobile, trends, mobile trends, ai, iot, industrial iot, devices, ai

Source: Forbes

In March this year, there was a mobile trade show that talked about many new trends.  Everything shown there, from AI to 5G.   Here’s a list of them and why they might affect us all… 

  1. 5G – This implements faster connectivity.  Because of improved speeds, the user experience will go up.  In turn, this allows for a better experience between consumers and brands that they might be following.   What’s in reach is 100x better speed than 4G and 10x better than broadband speed.  Because of this IoT, AR, VR and Edge Computing are becoming closer in reach than before.   
  2. Artificial Intelligence – 5G will be able to handle AI for a change.  This is good as AI can be used to plan and manage networks.  Consumer demand predicting is going to become easier.  Easing tariffs will become the norm.   AI and telecommunication are just scratching the surface of what’s to come. 
  3. Augmented Reality – Apparently Google is planning on putting AR in every new smart phone by December 2018.  That will be something to see and will be extremely interesting to see how they will make it work on a phone.  On top of that AR can be used in supply chain management and allow customers to test products almost before buying.  Because of this innovators will be able to better meet demand. 
  4. Industrial IoT – Industrial IoT uses technology differently than if it’s a consumer.  Things needing consideration is moving business data securely from one site to another, sorting it out, and how it’s going to be used. Mostly they were talking about using IoT for tracking vehicles and robotics. 
  5. New Devices Coming to Market – New mobile features will possibly include virtual reality and biometrics.  That will be interesting to see how they can enable those features.   New types of cooling systems and having almost no bezels might just be coming next! 

Summary 

It’s going to be an interesting time, with many new innovations coming to our smartphones.  Because of these changes, it’s going to make everything so much easier to complete without even having to go to PC or Mac it looks.  Just how much customer improvement is there going to be with all these potential implementations?  That’s the big question.    

 

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10 Key Big Data Trends That Drove 2017 (via Datanami)

hadoop, big data trends, big data, analytics, data modeling, data science, machine learning, ai, deep learing

2017 has come and (almost) gone. It was a memorable year, to be sure, with plenty of drama and unexpected happenings in terms of the technology, the players, and the application of big data and data science. As we gear up for 2018, we think it’s worth taking some time to ponder about what happened in 2017 and put…

Source: Datanami

10 Big Data Trends

  1. The re-emergence of AI, deep learning and machine learning
  2. Hadoop becomes less popular
  3. Graph databases grow in use
  4. Apache Spark is keeping up with the competition
  5. The Cloud is super popular for storing Big Data
  6. Big Data fabric bypasses integration problems
  7. Big Data swamps are becoming a problem with too much data saved
  8. Big Data company IPOs are becoming popular
  9. Data Science platforms and vendor choices are growing
  10. Look out for GDPR (General Data Protection Regulation) that goes into effect on May 25, 2018
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IBM Launches New Cloud for Data Science and Engineering (via Datanami)

machine learning, data science, data scientists, data management, data, ai, AI, Big Data, deep learning

IBM today unveiled a new cloud offering called Cloud Private Data that’s designed to help organizations utilize data science and machine learning techniques to generate insight from data, and then engineer AI products that put those insights into use. Separately, Big Blue announced the creation of a new consulting…

Source: Datanami

Review

This is more FYI for us all.  I find it pretty cool that IBM is starting to help out with the creation of the application  that helps with data science and engineering.  It’ll make life and work so much easier for everyone.  Its main purpose is for use by data scientists.  It collects data, cleans and categorizes it.  Machine learning algorithms developed here build models and put them into production.

I think it would be a good thing to check out just because it might help companies to grow.  Think of all the information you could gather from using this and how it could put you ahead of the rest.

 

 

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3 Challenges to Business Intelligence and Analytics Adoption

big data, challenges, business intelligence, BI, analytics

Business Intelligence and Analytics

What is the biggest challenge today for upgrading your business? You’ll find the answer through using tools enabling business intelligence (BI) and analytics strategies. It seems that businesses are looking to adopt BI and more advanced analytics to achieve bigger gains. Upper management needs to explore more information to gather key areas that they feel need improvement.

The Biggest Challenges:

  • Data Preparation – The ability to complete data management in putting together and cleaning data before compiling reports and analytics.
  • Skills and Leadership – Is there a structure focused on needs of both BI and analytics along with more complex methods?
  • Ease of Use – Can those who are less technically inclined be able to use the system?

Preparing Data

The biggest gaps are in data prep. It is more difficult and more complex than it seems. The size of the company and how they are using BI and analytics doesn’t matter. They all see big gaps in how they filter, transform and prepare their data. Good data gathering and compiling is completed. It helps find both relationships and potential outcomes quickly. The information found here will help improve your company’s productivity and build competitive advantages. Consider automation and self-service also for those in the agency who are less technically inclined. Analytics are behind BI. Improvements are needed to be able to prepare, augment and explore the data gathered. This will help your agency to find root causes and trends. You can then build and update predictive models through using machine learning.

Skills and Leadership

Skills and leadership are key too. Agencies strong in these areas still say that there are many challenges in innovation, creativity, and leadership. Shown executive support enforces the need for upgrades or change just will not happen. If there’s no strong vision and support at this level, the initiatives will fail or underperform. A leader needs to make sure that they openly show the value of success from the new initiatives.

Ease of Use

Overworked data scientists or analysts already in your company because of changes being implemented need help. In this case, it’s better to create self-service and interactive tools where everyone can find them. Nontechnical users will need the guidance, and instead of overworking your data scientists and analysts, this can help. There’s software built to aid building systems that can detect relationships, correlations, segments, and outliers. It could use natural language to create queries. It could present context-based narratives of important findings. All sorts of things could be created with the new software to help the organization.

Increasing adoption of BI and Analytics

  • Invest in data and data prep
  • Nurture culture, skills, and leadership
  • Keep self-service and Ease of Use in the Forefront

Conclusion

If the challenges of gathering and preparing data are not addressed, it will become more difficult to find a use for BI and analytics. If strong leadership isn’t used to make the employees excited to use the new technologies, the initiative will be a failure. And if ease of use with smart/automated capabilities isn’t used, it’ll hinder adoption of BI and more advanced analytics. Consider these things before upgrading your systems.

 

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The Internet Revolution for Business

business, internet, customer, work, product

The Internet has grown so much since its inception decades ago.  To the point that it influences our daily life, school and the work environment.  1/3rd of humanity uses the Internet presently.  Due to this the business environment has changed immensely due to how many people log on every day in order to communicate with each other.  The Internet has been implemented by business for marketing and promotion of products and services as people are leaning towards doing all their shopping online, or as much of it as possible.

Porter’s Five Force Model

This offers frameworks to measure industry competition and analysis, and helps to build business strategies.  What are threats from present and future competition and existing substitutes?  How much bargaining power do customers have and measures negotiating power of suppliers?

Threat New Entrants:  There is a lower entry barrier in being able to set up new businesses due to the Internet.  Increasing competition lowered margins too.

Threat New Substitutes:  There has been a reduction of the product life cycle due to the Internet.  Encouraging innovation and new shelf lives of products are now the norm for customer serving.

Bargaining Power Customers:  The customer is now well informed in what products do and what may be good substitutes.  In this businesses have to watch what they put out there dealing with differentiation and pricing.

Bargaining Power Suppliers:  Suppliers are in the same boat as the customer is now too except focusing on the industry they are in.

Threat of Competition It is now extremely important to be transparent and honest in order to become successful.  The customer knows more about the business, and the Internet lowered cost of searching for new products.

Internet and Business

How the Internet changed business can be measured in many ways.  The main thing is that it opened new avenues to be able to conduct business more smoothly, timely, and cost efficiently depending on the situation.

Communication:  There are now a lot of new ways to connect to others and disperse information.  Email, Instant Messaging, Intranet, Skype…

Collaboration:  There is no such thing as geographical boundaries as the Internet allows for ease of collaboration now.  The only thing that has to be considered is time zones as not everyone might be working in the same time zone.  Meetings would have to be scheduled around that…

Business Transactions:  There is now a culture of online businesses.  Many stores have been opened up online.  Now Internet banking and payment gateways are a normal part of supply chain transactions.

Work Flexibility Now it is possible to work from home or in remote locations.  Employees can now remain in touch with the company while away in order to know what’s going on at work.  They can also complete work from these locations through logging into the secure business Intranet.

Web Based Applications Here is where cloud computing comes to play.  It saves so much space and money depending on what the company buys into.

Conclusion

The Internet is both a good and a bad thing for business.  It’s good as the company can spread their products or services all over, or locally depending.  They can learn more about their competition, learn more about what their customers want, what their suppliers might suggest.  It makes communication a lot easier than ever.  On the bad side though it allows for hackers to find ways to attack them and steal information.  Security has to be high priority in order to make sure that this doesn’t happen.  Employees and customers don’t need to worry about identity theft to name one vulnerability.  The pluses outweigh the negatives though…