This article was first published in the SID Directors’ Bulletin Q3/2016 issue.
10 game changers that are shaping the future of humanity
We are now in the age of the Fourth Industrial Revolution, with digital disruption pounding on our doors. What are these disruptive technologies that are changing the way we live and work in exponential ways?
By
P. RAMAKRISHNA
Deputy CEO, CIO Academy Asia
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The current wave of digital disruption has upset the status quo, making those winners who know how to adopt it for business growth. Modern technology is one of the main competitive advantages of a company. That’s why, today, we see faster industrial consolidation than ever: Dell is acquiring EMC, Marriott is acquiring Starwood Group, and Pfizer is acquiring Allergan. These acquisitions are happening across technology segments, and more is to come. Gartner predicts that by 2017, 20% of all market leaders will lose their number one position to a company founded after the year 2000 because of a lack of digital business advantage.
Therefore, not just businesses, but governments, policy makers, regulators, and societies also need to prepare for future technology by understanding the disruptive megatrends that are shaping the human future. These rapidly evolving, potentially transformative technologies span areas such as information technologies, biological sciences, material science, energy, and other fields. These technologies will have significant potential to drive economic impact and disruption by 2025.
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