Technology and Digitization will Accelerate Business Transformation

Some of these technologies will have workforce, change the role of IT in the enterprise and skills needed in the IT organization, and significantly impact traditional business models in several industries. Some of the emerging technologies that IT organizations and companies are beginning to consider and investigate are:

• Software Defined Networks

Mobile devices, social media, sensors, and cloud computing are stressing networks to their limit

• Software Defined Storage

Next evolution of virtualization is storage, enabling optimization of traditional storage driven in large part by the growth of unstructured data

• Next Generation of Robotics

Enabling human and machine collaboration to be a reality, as an example: in the near future we will see robots used in precision agriculture for weed control and harvesting, replacing many of the human workers that traditionally performed this work

• 3D Printing and Additive Manufacturing

Will create disruption to traditional manufacturing processes and supply chains - Additive manufacturing starts with a variety of materials, either liquid or powder, and using 3D printing builds the materials into a three-dimensional shape using a digital template, one layer at a time

4D Printing is being developed now and will be the next generation of this technology – 4D Printing will be able to produce products that can alter themselves in response to environmental changes, such as heat and humidity

• Emerging artificial intelligence where computers will be able to learn on the job

Computers and machines will take on more of the tasks that have traditionally been performed by humans, and may even perform the activity or task better than a human

• Distributed manufacturing

Coupled with 3D Printing will create the factory of the future and change the way many products are developed and delivered to the end consumer

"The next generation workforce and business leaders will be more dependent on technology and information than any business paradigm in history."

As CIOs and IT executives, it is our responsibility to lead the transformation from operational to strategic. The entire IT ecosystem from infrastructure-to-delivery-to-support is changing. IT leaders must change the perception of IT’s value from delivering services faster, better and cheaper to delivering services that help the business grow, remain competitive and sustainable. The next generation CEO will expect IT to power their business into adjacent markets and channels. One of the keys to enabling the business to engage adjacent markets is the CIO’s ability to move IT’s capabilities from traditional back-office systems to customer facing solutions. The new social enterprise will require a different level of thinking by the CIO and IT organization.

Finally, as we start thinking about the emergence of the new technologies—robotics, machine learning, and other emerging technologies —we can see that there is going to be a huge transformation, not only in IT, but in how businesses are run and the type of talent that executives are going to be looking for in the future to run their companies. A lot of traditional thinking is going to go by the wayside. Individuals that understand these emerging technologies and how to leverage them are really going to drive business value and be the next generation business leaders replacing the traditional executives.

The J. R. Simplot Company commonly referred to as Simplot, is an agribusiness organization which is headquartered in Boise, USA. Founded in 1929, Simplot employs over 10000 people all over the world with branches in Australia, Canada, Mexico, China and several other regions.

 

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