We often hear the ‘future is now’, and more and more the world seems to be turning into a science fiction movie. Should we be worried or excited about the Disruptive Revolution? Maybe a bit of both.
We keep hearing about cars driving themselves, fridges that automatically order food from online groceries, and drones and robots taking over self-service operations such as hotels or restaurants. Is technology surpassing humans, and will humans be gradually replaced? At the forefront of this revolution are disruptive companies such as Amazon, Uber or Google.
This revolution is disruptive, and its growth is exponential. Here are a few numbers to illustrate this: By the year 2020, there will be over 220 million connected cars on the road, and, in the utilities industry, nearly 1 billion installed smart meters. In the USA retail market alone, an estimated $44.4 billion will be generated from beacon-triggered messages. In the end, the ‘digital rat race’ is fueled by efficiency, productivity and cost savings, and important investments will keep on accelerating.
What are the key drivers to all this? According to Business Insider, there are four key drivers, including Internet connectivity, adoption of mobility technologies, low cost sensors and, of course, investments that fuel inherent ROI. By 2020, there will be $6 trillion invested in IoT solutions by businesses, governments and consumers, and there will be 24 billion IoT devices installed. Most of these investments will go towards application development, device hardware and systems integration.
Being at the core of this revolution, Quest Solution plays a huge role in this transformation as we make sure companies and supply chains are efficient, highly performing and connected. We understand where this is all going, but like many we have no idea what 2050 will look like. One thing we know is that physical assets are becoming digital, passive objects are becoming visible, and connectivity unleashes data exchanges and it opens up the notion of ‘strategic data’ through Mobile Cloud Analytics. Data is now driving customer experience and connecting people to environments and ecosystems.
The world we live in is becoming even more complex, and one thing is for sure: We need to remind ourselves of the social, human and environment impacts technology solutions have in our lives. We also need to keep in mind the basics. Humans need be to remain humanity’s greatest asset, and, in the end, technology needs to be at the service of people – not the other way around!