Both Incumbents and startups can take advantages of trends and thrive
Information technology is the study, design, development, implementation, support or management of computer-based information systems—particularly software applications and computer hardware. IT workers help ensure that computers work well for people. How can technology companies thrive in an increasingly instrumented, intelligent, and instant market? Incumbents face the challenges of agile transformation and the threat of disruption. Start-ups face long odds for achieving significant market share. Successful companies innovate in continuous-release software development, omnichannel customer engagement, and flexible supply chains. They also strengthen core disciplines such as capital allocation, productivity, and pricing. These trends determine who wins—and who gets left behind.
Our Latest Thinking on the Tech Industry
Highly advanced technologies such as block chain, AI, IoT, and quantum computing are poised to reshape tech companies. Explore KANBAN INFOSYSTEM latest thought leadership on the tech industry for insights into the future of technology innovation
Unleashing the power of data with IOT and Augmented Reality
Augmented reality (AR)—a technology with enormous promise—is emerging as the key that will unlock the full potential of the Internet of Things (IoT). AR applications are using the myriad kinds of data generated by IoT devices and components to help employees be more effective and productive. To quickly kick off a virtuous cycle of cost savings, revenue increases, and higher profits that can prompt a double-digit increase in top and bottom lines, companies should develop a joint IoT-AR strategy, rather than think about these technologies piecemeal. This report includes a downloadable IoT-AR app that illustrates how companies can capture these benefits.
Stamping Out Counterfeit Goods with Blockchain and IoT
Businesses finally have the authentication and tracking capabilities they need to fight counterfeiting, protect customers, and recover millions in lost sales.
Over the past year, KANBAN INFOSYSTEM has explored the promise and impact of Blockchain and the Internet of Things (IoT). The result is a three-part series that studies the practical applications and economic benefits of using Blockchain with distributed IoT networks. Our first piece examined the set of Blockchain-with-IoT use cases that businesses are actively exploring. Our second piece looked at how better tracking and visibility can help companies improve supply chain performance. In this final piece, we examine how Blockchain with IoT can help manufacturers reduce the impact of counterfeiting. Companies have been battling counterfeiters for years, investing significant time and resources to guard against the risk of defective and fake parts entering the production system and to prevent clever look-alikes and reverse-engineered goods from stealing sales. For much of that time, companies have been forced to operate partly in the dark, because fragmented data, networks, and sourcing arrangements make it difficult to trace and authenticate. Two technologies now give manufacturers and stakeholders the ability to shine a light on fraudulent activity. Advances in Blockchain-with-IoT counterfeit detection provide at-a-glance visibility, tracing, and recording of provenance data from source to sale and beyond. The scale of the benefits will vary across businesses, but our research suggests that Blockchain with IoT could be a source of significant financial and competitive advantage for many.
Where Will Quantum Computers Create Value—and When?
Despite the relentless pace of progress over the last half-century, there are still many problems that today’s computers can’t solve. Some simply wait the next generation of semiconductors rounding the bend on the assembly line. Others will likely remain beyond the reach of classical computers forever. It is the prospect of finally finding a solution to these “classically intractable” problems that has CIOs, CTOs, and heads of R&D, hedge fund managers, and others abuzz at the dawn of the era of quantum computing.
Their enthusiasm is not misplaced. In the coming decades, we expect productivity gains by end users of quantum computing, in the form of both cost savings and revenue opportunities, to surpass $450 billion annually. Gains will accrue first to firms in industries with complex simulation and optimization requirements. It will be a slow build for the next few years: we anticipate value for end users in these sectors to reach a relatively modest $2 billion to $5 billion by 2024. But value will then increase rapidly as the technology and its commercial viability mature. When they do, the opportunity will not be evenly distributed—far from it. Since quantum computing is a step-change technology with substantial barriers to adoption, early movers will seize a large share of the total value, as laggards struggle with integration, talent, and IP.
Based on interviews and workshops involving more than 100 experts, a review of some 150 peer-reviewed publications, and analysis of more than 35 potential use cases, this report assesses how and where quantum computing will create business value, the likely progression, and what steps executives should take now to put their firms in the best position to capture that value.