TOP TRENDS IN EXPONENTIAL TECHNOLOGIES IN 2018

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Sameer DhanrajaniChief Strategy OfficerFractal Analytics

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ARTIFICIAL INTELLIGENCEPREDOMINANCE

DIGITAL TWINS BASED AUGMENTED DIGITAL REALITY

INTELLIGENT IOT-CONNECTED CONSUMER & INDUSTRIAL SYSTEMS

BLOCKCHAINS LED INTERNET OF VALUE (IoV)

CRYPTOCURRENCY –THE NEW ASSET CLASS

CLOUD BASED DIGITAL TRANSFORMATION

CYBERSECURITY AS A STRATEGY

ENTERPRISE MOBILITY LED WORK ON-THE-GO

EVENT THINKING MAKE DIGITAL BUSINESSES SENSE

IMMERSIVE EXPERIENCE ENHANCING REALITY

ARTIFICIAL INTELLIGENCEPREDOMINANCE

AI’s ability to enhance decision making, reinvent business models andecosystems, and remake the customer experience will drive the payoff for digitalinitiatives through 2025. The AI foundation consists of numerous technologiesand techniques that have grown over many years, like expert systems, decisiontrees, linear regression and neural networks.

Following core trends in AI will dominate in 2018:

• Fear of losing out, being a strong motivator, will lead to adoption of “plug andplay”, as-a-service solutions in AI for organizations with less than global-scaleresources to think about integrating narrow AI.

• Enterprise Conversational AI will see mainstream adoption as 20% of firms willlook to add voice enabled interfaces to their existing point-and-clickdashboards and systems.

• Robotization will displace industries like supply chain, manufacturing,Healthcare & Transportation, aimed at making our lives easier. RPA isdelivering more near-term impact, but the future may be shaped by moreadvanced applications of true AI

REFERENCE LINKS

https://sameerdhanrajani.wordpress.com/2017/12/18/man-machine-ai-the-future-is-here/

https://sameerdhanrajani.wordpress.com/2017/05/06/fluid-supply-chain-transformation-ai-automation-theme/

https://www.forbes.com/sites/bernardmarr/2017/12/18/5-key-artificial-intelligence-predictions-for-2018-how-machine-learning-will-change-everything 3

DIGITAL TWINS BASED AUGMENTED DIGITAL REALITY

The implementation of a digital twin is an encapsulated software object or modelthat mirrors a unique physical object, potentially links in real time. They arelinked to their real-world counterparts and are used to understand the state ofthe thing or system, evaluate "what if" scenarios, respond to changes, improveoperations, and add value.

Following core trends in digital-twins model will be adopted in 2018:

• Digital-twin models as value offerings will proliferate, with suppliersincreasingly providing customers with these models as an integral part of theiroffering.

• Product development or enhancement will be fully credited to digital-twinbased behavior simulation ensuring guaranteed outcomes in assetperformance.

• Digital-twin model will make continuous part assessment & adaptingmainstream, where consumer objects will be continuously tracked and theirefficiency measured, just like in case of Tesla cars.

REFERENCE LINKS

https://sameerdhanrajani.wordpress.com/2017/04/15/a-perspective-to-cios-on-emerging-cross-industry-digital-models-under-industrie-4-0/

https://www.gartner.com/smarterwithgartner/prepare-for-the-impact-of-digital-twins/

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INTELLIGENT IOT-CONNECTED CONSUMER & INDUSTRIAL SYSTEMS

Intelligent IoT Systems are physical things that go beyond the execution of rigidprogramming models and exploit AI and Internetworking to deliver advancedbehaviors that interact more naturally with their surroundings and with people.

The major trends in Intelligent IoT Systems for 2018 will be:

• Blockchain IoT or BIoT will make it easy for everyone in the distribution chainto get data from sensors and benefit from insights that they were previouslyunable to get. Companies and consumers can also be assured that their mostvaluable data on the blockchain cannot be hacked.

• Autonomous systems in controlled settings (for example, farming, mining andwarehousing) will undergo significant technical evolution powered by newmachine-learning algorithms, and used mainly in narrowly defined scenariosand controlled environments.

• A shift from stand-alone intelligent things to a swarm of collaborativeintelligent things will take emphasis where multiple devices will work togetherto end objective.REFERENCE LINKS

https://sameerdhanrajani.wordpress.com/2017/03/24/the-best-practices-for-internet-of-things-analytics/

https://www.techrepublic.com/article/iot-device-swarm-intelligence-think-about-security-before-its-too-late/ 5

BLOCKCHAINS LED INTERNET OF VALUE (IoV)

Blockchain is evolving from a digital currency infrastructure into a digitaltransformation platform. Blockchain and other distributed-ledger technologiesprovide trust in untrusted environments, eliminating the need for a trustedcentral authority. They can serve as a foundation of disruptive digital business forboth established enterprises and startups by transforming the exchange of value.

Key trends in Blockchain for 2018 are:

• Lack of privacy in current scenario will give way to private ledgers, wherePrivate Blockchain will allow membership only to those who have been vettedand approved by the existing members of the network.

• Large transaction time & scalablity issues will be countered by leveragingScalable Blockchain Database, where big data distributed databases, givenBlockchain characteristics, are used to address scaling needs.

• Barrier to private data will be broken by allowing consumers to selectively andsecurely share their identity data on their terms companies within theBlockchain space make it easier for users with better connect and returningcontrol of user data to the individuals

REFERENCE LINKS

https://sameerdhanrajani.wordpress.com/2017/10/29/how-rise-of-exponential-technologies-ai-rpa-blockchain-cybersecurity-will-redefine-talent-demand-supply-landscape/

http://www.ibtimes.co.uk/meet-bigchaindb-scalable-blockchain-database-hitting-one-million-writes-per-second-1544918 6

CRYPTOCURRENCY – THE NEW ASSET CLASS

Cryptocurrencies have had a banner year due to the rise in bitcoin prices and thepopularity of digital token sales as a new way for companies to raise funds.Companies, mostly start-ups, have raised at least $3 billion by issuing new digitaltokens in 2017, resulting in more than 1,000 virtual currencies in existencetoday. We are seeing the development of a radically new asset class.

Hottest trends in cryptocurrency for 2018 will be:

• Initial Coin Offerings created by firms will be the new investment source,combining crowdfunding and a new hybrid asset class of equity ownershipand currency.

• Rise of the DEX (Decentralized Exchange) for cryptocurrency will stem from thegap created by backlogs of ID verification & transactions in centralizedexchanges like GDAX, Bittrex, & Poloinex.

• Explosion of DApps (decentralized apps) built on Ethereum as well as otherplatforms trying to capitalize on the craze that CryptoKitties started.

REFERENCE LINKS

https://sameerdhanrajani.wordpress.com/2017/10/29/how-rise-of-exponential-technologies-ai-rpa-blockchain-cybersecurity-will-redefine-talent-demand-supply-landscape/

https://www.cryptostache.com/2017/12/26/looking-ahead-12-cryptocurrency-trends-ready-explode-2018/

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CLOUD BASED DIGITAL TRANSFORMATION

Business and IT executives are no longer looking at the Cloud solely as a tool;now the focus has shifted towards finding the right way to use it so they canaccomplish their 2018 business goals. Public cloud platforms, business services,and applications will reach $236B — growing at a 22% CAGR between 2015 and2020.

The major trends in Cloud Computing for 2018 will be:

• As cloud adoption is becoming a more mature process, so is cloud selection.Organizations are staying away from being 100% reliant on a single supplierand in turn want a multicloud approach / hybrid cloud approach to have asmall number of key suppliers to reduce maintenance and management

• Cloud to the Edge, where cloud implementations would use an approach thatdistributes functionality to the edge, will see mainstream adoption. Thisapproach will be used more frequently as cloud vendors adopt the cloud styleas a way to manage their solutions more effectively.

• Cloud containers as a service will become mainstream because it can provide abetter infrastructure security, and are an alternative to virtual machines andallow for apps to be deployed in a quick, reliable & consistent manner.

REFERENCE LINKS

https://www.gartner.com/document/3811368

http://www.globaldots.com/cloud-computing-trends-watch-2018/

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CYBERSECURITY AS A STRATEGY

The evolution of ransomware in 2017 should remind us of how aggressively a threatcan reinvent itself as attackers dramatically innovate and adjust to the successfulefforts of defenders. As is so often the case in cybersecurity, human intelligenceamplified by technology will be the winning factor in the ‘arms race’ betweenattackers and defenders. Defining trends in cybersecurity for 2018 are:

• General Data Protection Regulations, like the one enforced by EU, explaining howcompanies should process, store, and secure the personal data of EU citizens willbe further witnessed. Infringements can provoke heavy capital fines or a percentof the total worldwide annual turnover.

• DevSecOps, which will overcome the barriers between security teams andDevOps teams, will take precedence. . Security teams can't afford to wait untilthe end of the build-and-release pipeline to perform a detailed security scan.Security requirements must be clearly communicated and easily integrated intothe processes of the developers, not the other way around.

• With a 0% unemployment rate, there is scarcity of cybersecurity skill. Theindustry needs and will continue to need new kinds of skills as cybersecurityevolves in areas such as data classes and data governance.

REFERENCE LINKS

https://sameerdhanrajani.wordpress.com/2017/10/29/how-rise-of-exponential-technologies-ai-rpa-blockchain-cybersecurity-will-redefine-talent-demand-supply-landscape/

https://www.gartner.com/binaries/content/assets/events/keywords/cio/ciox09/ciox17_dach_security_1.pdf 9

ENTERPRISE MOBILITY LED WORK ON-THE-GO

It is important understand that enterprise mobility not only implies people who areinvolved into working on mobile and devices, but it also involves mobile corporatedata. Enterprise mobility is one of the most imperative pillars of digitaltransformation. No doubt Enterprise Mobility is all set to share the podium with thebig guns – Cloud Migration and IoT which are contributing most to digitaltransformation in the year 2018 ready to shape the future of the companies. Thekey trends in 2018 are:

• The constant increase in the number of commercial application will cause amajor leap to Location-based Enterprise Applications and eventually lower thedependency on the on premise computers. 2018 will also see a greater hardwareintegration with the mobile devices to improve the overall experience of goingmobile.

• Enterprise Mobility Management software will gain a lot of traction this year.Since Enterprises are migrating the in-house business processes to the handhelddevices, security issues are bound to crop up and this will be the concern whichwill lead to the EMM software dependency.

• Streaming Instant Apps, which launch instantly when clicked upon without theneed to visit the app store and be a revolutionary move, enabling access theapps on the mobdownload, will see more adoption. Eliminating that access timeinto quick streaming, Instant Apps couldile, just like we access the websitesdirectly without downloading them.

REFERENCE LINKS

http://www.algoworks.com/blog/enterprise-mobility-trends-2018/

https://www.solutionanalysts.com/the-most-influential-mobility-trends-to-look-out-for-in-2018/

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EVENT THINKING MAKES DIGITAL BUSINESS SENSE

Digital businesses rely on the ability to sense and be ready to exploit new digitalbusiness moments. Enterprises should embrace “event thinking” as part of a digitalbusiness strategy. By 2020, event-sourced, real-time situational awareness will be arequired characteristic for 80% of digital business solutions (Gartner). Top EventThinking trends for 2018 are:

• Enhanced Event Driving by AI & IoT will be a characteristic trend for 2018. Withthe advent of AI, IoT, and other technologies, business events can be detectedmore quickly and analyzed in greater detail.

• Most organizations currently use event processing for narrow purposes inisolated application contexts, but Event Thinking in Broad Intelligent Digital Meshwill gain traction.

• Currently organizations don't consider event thinking a prevailing Applicationdesign model perception, equal to the request-driven service-orientedarchitecture. This perception must change to accommodate the push to digitalbusiness.

REFERENCE LINKS

https://sameerdhanrajani.wordpress.com/2017/04/22/taking-the-next-steps-of-business-modernization-using-real-time-analytics/

https://www.gartner.com/smarterwithgartner/gartner-top-10-strategic-technology-trends-for-2018/ 11

IMMERSIVE EXPERIENCE ENHANCING REALITY

While conversational platforms are changing the way in which people interact withthe digital world, virtual reality (VR), augmented reality (AR) and mixed reality (MR)are changing the way in which people perceive the digital world. This combinedshift in perception and interaction models leads to the future immersive userexperience. Top trends in Immersive Experience in 2018 are:

• Mixed Reality (MR) will aspire mainstream inclusion, in which the user mayinteract with digital and real-world objects while maintaining a presence in thephysical world, using visual and other sensory models such as touch (hapticfeedback) and sound (spatial audio).

• Enterprise implementation of VR and AR will rise, which will aim to makeemployees more productive. You can use them to enhance design, training,visualization and to provide hands-free information.

• Battle for Smartphone-based VR & AR will heat up with the major companiesmaking headway like Apple (ARKit, iPhone X), Google (ARCore), and cross-platform SDKs such as Wikitude.

REFERENCE LINKS

https://sameerdhanrajani.wordpress.com/2017/01/02/sameer-dhanrajani-2017-digital-trends/

https://www.gartner.com/smarterwithgartner/gartner-top-10-strategic-technology-trends-for-2018/

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THANK YOU

SAMEER DHANRAJANI

sameerdhanrajani.wordpress.com

DEMYSTIFYING DATA ANALYTICS, DECISION SCIENCE & DIGITAL

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