Tech Trends 2017

JM Group
22 March 2017
 

From augmented reality to 3D printing, we highlight some of the key tech trends that we think will make a lasting impression in 2017.

  1. Blockchain – currently popular within the financial services industry, this technology is rapidly expanding to other areas to verify the integrity of critical information. As the technology grows, more businesses will begin to create services that support it.  Blockchain may not hit the mainstream in 2017 but it will certainly start to create a stir as investors become more comfortable with the idea of this emerging technology.
  2. Augmented Reality will see a greater shift to the mainstream, further blurring the lines between the physical and digital worlds. 2017 will be the year these technologies arrive in the workplace, enabling employees, improving collaboration and better engaging with customers and clients.
  3. Autonomous Vehicles will evolve and become far more mainstream next year, shifting from stand-alone models to collaborative, whereby intelligent ‘things’ communicate with one another. In the same way a pilot spends just 14 minutes, on average, flying a plane (the rest of the time is on auto pilot), the driver of an automated vehicle can expect the same when they get behind the wheel.
  4. 3D Printing although it has been available since the 80s, the technology has not been cost-effective or capable enough for most commercial manufacturing, however this is about to change. Lower priced printers are emerging, speeds are increasing and major patents are about to expire, meaning the 3D printer market will transform rapidly in 2017.
  5. IoT – the explosion of IoT will continue throughout 2017. This year will be when businesses really start to become hyper-connected as they begin to embed IoT technologies into the everyday running of their businesses.  Consequently, the role of an IoT architect will become the most valuable role for HR departments.
  6. Security issues will continue to grow due to increased IoT and AI adoption. Cyber Attacks will become major board-level concerns due to reputational damage impacting heavily on revenues.  Companies will realise that failing to
    protect customer information will be their biggest source of regulatory non-compliance and reputational risk.  There will be increased investment around cyber security with a particular focus on correcting technology weaknesses, careless cultures and poor procedures.
  7. The demand for Cloud Computing will increase significantly with 80% of all businesses expected to migrate to the cloud by 2020. Without a cloud strategy, organisations will not be able to compete in the marketplace.  The huge adoption of cloud will force providers to provide an easier, safer and cheaper option as the competition increases.
 

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