Accelerated growth for innovative technology platforms based around mobile, cloud and big data.
Researcher IDC says 2012 will be the year of accelerated growth for innovative technology platforms based around mobile, cloud and big data.
Such technologies currently account for about 20% of all IT spending but will grow at an 18% annual rate through the decade, which is six times the rate of the rest of IT. By 2020, the combination of mobile, cloud and big data technologies will generate more than 80% of the IT industry’s growth.
CIOs looking to innovate for the business must meet the digital challenge head-on. They will need to make bold IT innovation investments and decisions across the five key areas of consumer IT, cloud computing, social media, mobility and big data.
Did you know? As many as 47% of consumers believe technology at home is better than tools offered in the workplace, reports researcher Forrester.
There is plenty of research to suggest that consumerisation is having a huge impact on the workplace. But even the scale of that impact is probably underplayed.
Researcher Forrester recently reported that consumer IT is moving so fast that corporate technology departments are struggling to keep pace. Companies tend to upgrade IT every three to five years, while individual consumers upgrade every 12 to 18 months.
The result is that individuals, with access to smart phone and tablet devices at home, feel frustrated and restricted at work. Forrester says CIOs must speed up their planning cycles to account for the yearly upgrades of popular consumer mobile devices.
Did you know? Analyst Gartner says spending on public cloud services will grow by 19% annually through 2015.
The tremendous increase in on-demand technology identified by Gartner represents a growth rate that is five times bigger than the overall rise in IT enterprise expenditure for the next few years.
Such a growth rate means CIOs must explore the potential of on-demand IT. Moving systems and information to the cloud might seem a significant step at the moment, but more and more businesses are using utility-like resources as concerns around security and regulatory compliance are considered and overcome.
UK organisations are already leading cloud computing adoption, and maximising IT saving and benefits as a result. Recent CA Technologies research suggests as many as 77% firms expect to increase on-demand expenditure this year, with almost two thirds of users reporting the ability to scale up quickly to meet demand is a key benefit of the cloud.
Did you know? Almost one in every five minutes spent online is now accounted for by social networking sites, according to digital analytics firm comScore.
Executive naysayers must recognise that social media is much more than just an opportunity to poke friends and catch up with long-lost peers from school. More and more enterprises are taking an open approach to social media, helping employees to share knowledge and communicate with customers.
Enlightened businesses are already investigating how they can benefit from enterprise collaboration platforms, such as the specialist platforms developed by BT for internal users, and the networking tools developed by prominent IT vendors, like Microsoft SharePoint and Google Sites.
When it comes to using social media to engage with customers, slow-moving organisations need only consider that digital analytics firm comScore suggests as many as 1.2 billion people are now on some form of social networking site. Failure to engage fully with such networked individuals is a failure to push the true value of your brand.
Did you know? Mobile broadband subscriptions have grown 45% annually during the past four years, according to the International telecommunication union (Itu).
Subscription increases mean there are now twice as many mobile broadband as fixed broadband subscriptions globally. The internet truly has moved from the desktop to the palm of the hand, and businesses must keep pace with this mobile transformation.
Both inside and outside of work, mobility is helping to create a new generation of always-connected consumers and employees. One third of the world’s population is now online and 45% of internet users are below the age of 25, reports the ITU.
These tech-savvy users expect to be able to use their mobile devices, such as smart phones and tablets, to connect with organisational networks. CIOs must create a business IT policy that allows connected individuals to use their own devices on secure corporate networks.
Did you know? The total amount of global information is expected to grow by 50 times during the next 10 years, reports researcher IDC.
Organisations and individuals are being swamped by big data. Researcher IDC and technology company EMC report the amount of information created and replicated around the globe was more than 1.8 trillion gigabytes in 2011.
The continual growth in information is being fostered by activities undertaken in the digital age, where individuals create a huge amount of structured and unstructured data across a range of devices and applications.
Organisations must get a handle on big data.
Smarter management, in the form of knowledge organisation and maintenance, can help CIOs deal with the information explosion. Secure data warehousing, allied to business intelligence and analytics, can provide a platform for identifying valuable data and the creation of useful knowledge.