Companies warned to plan ahead or miss out on 2018’s tech trends
Experts at Business Day Dialogue discuss how companies should plot a route to keep up with technology
Technology is disrupting the world in ways we’ve never seen before, in nearly every industry – and it will irrevocably change the world of work in the future.
That was the overriding message from a recent Business Day Dialogue, held in partnership with Dimension Data and Cisco, on technology trends in 2018 and beyond.
The biggest challenge facing organisations today is the burden of old technology and capability, said Stephen Green, chief technology officer at Dimension Data Middle East and Africa. Companies that have been around for 10 years or more need to digitise their systems or risk being left behind.
Peter Prowse, vice-president of strategic partnerships at Dimension Data, said legacy infrastructure had to be prepared for the journey ahead. Established companies will shore up their technological infrastructure in the years ahead to help them adapt to an unpredictable market.
He said organisations had to plot a route beyond the digital infrastructure horizon. The first step is to implement programmable infrastructure. “More organisations will be considering networking and security requirements in the development phase and programming their applications to take advantage of software-defined infrastructure.”
The second step involves understanding the platform economy. “In the year ahead, businesses will start to recognise the true potential of the platform economy, the impact it will have on their operating models and the changes they will need to make, including digital front-ends and a higher level of risk,” said Prowse.
Third comes a shift in focus from technologies to services architecture. “Hybrid IT is now generally accepted as the model of the future. However, many organisations are far from having the technology in place, so we expect to see businesses future-proofing or upgrading their business architecture.”
In an era of digital disruption, Prowse added, speed trumps cost. Companies are aware of the risk of failing to adapt fast enough and will therefore choose the technology they can use the fastest.
Last, there will be a surge in interest in software-defined wide area networks, with wireless technologies, networks and wireless-enabled processes expected to leap ahead.
More trends to consider
Other trends in technology that will affect businesses are artificial intelligence (AI), machine learning, robotics, and virtual and augmented learning, all of which will deliver compelling and complementary outcomes, said Green.
These disparate technologies will come together in the year ahead to create useful business applications. AI will drive voice-enabled virtual assistants in the workplace and everyday tasks will be automated, reducing costs and speeding up processes.
Smart buildings will evolve into smart workplaces, and increasingly employees will ask to bring their own devices and apps to work. “Businesses will have to rethink their value proposition,” said Green.
Cybersecurity will continue to be a threat. Companies will start investing in technologies aimed at gaining the upper hand against cybercriminals, including using blockchain innovatively.
During a panel discussion, moderated by Aki Anastasiou, on how technology would affect the future, Tiso Blackstar Group head of digital Lisa MacLeod explained how technology had disrupted the media industry and the steps the company was taking to transform digitally.
She spoke about the challenges posed to business as a result of a lack of digital and development skills in South Africa, as well as the country’s high data costs, which she said entrenched inequalities in our society.
“South Africa has the most expensive data costs on the African continent, which is a huge issue,” MacLeod said.
Commenting on a local shortage of IT skills, Garsen Naidu, head of channel at Cisco Sub-Saharan Africa, said there was a looming global shortage of cybersecurity specialists. He added that South African curricula had to be adapted to teach relevant skills, including teaching children to code from a young age.
Technology offers huge possibilities for the future, and it is how we use those opportunities that is critical, he said.
Giving a millennial’s perspective on technological disruption, Arye Kellman, founder of influencer marketing agency TILT, said millennials did not call it disruption or technology – to them, it was merely the way everything worked.