Deloitte tech trends 2020. This one goes to 11: Deloitte’s annual Tech Trends report enters its second decade

Deloitte Consulting CEO on 2020 C

deloitte tech trends 2020

Many of the disruptive opportunities around which organizations are building their business and innovation strategies are grounded in the macro forces discussed in this chapter. We will begin to feel their impact toward the end of the 2020s. Cloud has also forced the reimagining of some tried-and-true roles. These ever-smaller devices are evolving our input from unnatural pointing, clicking, and swiping to natural speaking, gesturing, and thinking and their interactions from reactive answering questions to proactive making unanticipated suggestions. See Terms of Use for more information. Core modernization reflects the ongoing pressures that digital transformation, user expectations, and data-intensive algorithms put on core systems in the front, mid, and back office. With semantic and symbolic understanding, machines will be able to tease out actual causality from spurious correlation.

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Now trending: Hot technology trends for 2020 and beyond

deloitte tech trends 2020

When I started my consulting career in 1998, I recall my folks being very excited. They take a programmatic approach to sensing, scanning, vetting, experimenting, and incubating future macro technology forces—such as ambient experiences, exponential intelligence, and quantum—until the technology, the market, and the business applications are ready on an enterprisewide scale. It lacks the ability to recognize and respond to the nuances of human interaction and emotion. The battle for balance Our smartphones don't seem to be going anywhere, but our relationship with them is clearly shifting. Technology absolutely plays an important role in getting us there, but it is a means to achieving our greater purpose of improving human health. Digging deeper, only 24% of corporates report having success at deriving expected deal value in 75% to 100% of deals closed in the past two years.

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Deloitte Consulting CEO on 2020 C

deloitte tech trends 2020

Ultimately, we expect the impact of these technologies to extend beyond product shipments to the end-to-end life cycle of a product as it moves through the supply chain. Executives should take tomorrow's cues from today's trends. They are the basis of numerous successful corporate strategies and new business models. Business leaders are reevaluating how their products, services, and the decisions they make—around managing data, building a partner ecosystem, and training employees, among others—build trust. If an economic downturn occurred in the next 12 months, 42% of respondents said their organizations' pursuit of acquisitions would increase in the next two years; just 23% said their activity would decrease.

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Deloitte Consulting CEO on 2020 C

deloitte tech trends 2020

By manipulating individual particles, quantum computers will be able to solve certain highly complex problems that are too big and messy for current supercomputers—from data science to material science. The most exciting stuff is harder to see, but could have lasting impact when it comes to how we relate to technology, to each other and to the world around us. Aspiring not to emulate, but instead to innovate. Your efforts to get the right buzz in the right places at the right times is amazing. What has changed in the last few years is that now everyone appreciates that technology is an enabler, everywhere in the organization, across lines of business, functions, and our talent pool. Risks facing enterprises in an innovation-driven era extend far beyond traditional cyber, regulatory, operational, and financial threats. Your amazing partnership on Tech Trends helps us reach new heights every year.

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Macro technology trends

deloitte tech trends 2020

Cloud computing and artificial intelligence will once again dominate the technology headlines, but 2020 could be a breakout year for edge computing. Your ability to talk us out of our crazy ideas and then show us an improved version of what we told you makes all the trends better. We also peek beyond the horizon and unveil three macro forces—ambient experience, exponential intelligence, and quantum—that we expect to shape enterprise and technology strategies into the 2030s and beyond. The report states that the technology will allow businesses to create new virtual models to optimize processes, products and services. Our people work across the industry sectors that drive and shape today's marketplace — delivering measurable and lasting results that help reinforce public trust in our capital markets, inspire clients to see challenges as opportunities to transform and thrive, and help lead the way toward a stronger economy and a healthy society.

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2020 Technology Industry Trends

deloitte tech trends 2020

And your ability to stay cool, keep a firm hand on the tiller, and always have a plan for navigating the upcoming challenges is unmatched. Emerging forces on the horizon As the three disruptor forces are gaining ground and are poised to make significant business contributions in the coming decade, three technology developments and innovations—the horizon next—are waiting in the wings. And with climate change and increasing natural disasters, people are starting to question the carbon footprint of devices and data. Some companies are already embracing this trend and are exploring possibilities. They are at the leading edge and will likely be the first to enjoy the competitive advantages that come when finance funds innovation at the speed of agile. As capabilities and sophistication grow, expect to see more organizations use digital twins to optimize processes, make data-driven decisions in real time, and design new products, services, and business models.

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(Video) Tech Trends 2020

deloitte tech trends 2020

For example, the ability to efficiently and cost-effectively process and integrate large amounts of data has spurred the creation of more advanced digital twin technology—but it has also created a deficit of trust, leading to our focus on. A radar for disruptive technologies, an innovation ecosystem, and a pipeline of ideas can enable continual innovation. The goal of this shift is straightforward: move the most experienced architects where they are needed most—into software development teams that are designing complex technology. By accelerating the research process, advanced analytics and cognitive technologies can help doctors deliver better patient care. We continue to explore the convergence of powerful macro technology forces driving disruption across industries. Over the course of the last decade, advances in cloud, analytics, cognitive technologies, and digital reality have combined with digital design and manufacturing system advancements to make it easier to integrate data from multiple systems, software platforms, applications and hardware. Commercial applications of digital reality are growing.

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(Video) Tech Trends 2020

deloitte tech trends 2020

Specifically, we share pragmatic processes for sensing—and critically, making-sense-of—emerging technologies. With edge computing, data storage and processing takes place closer to where it is being used or accessed, to reduce latency. Better, perhaps, to throw our hands up and retreat to the present. Dana Kublin for your talent of conjuring insightful visuals, intuitive infographics, and fascinating figures out of thin air and unclear descriptions. But organizations are finding that increasingly sophisticated simulation and modeling capabilities, power visualization, better interoperability and IoT sensors, and more widely available platforms and tools is making it possible to create simulations that are more detailed and dynamic than ever.

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