Close
  • Latest News
  • Big Data and Analytics
  • Cloud
  • Networking
  • Cybersecurity
  • Applications
  • IT Management
  • Storage
  • Sponsored
  • Mobile
  • Small Business
  • Development
  • Database
  • Servers
  • Android
  • Apple
  • Innovation
  • Blogs
  • PC Hardware
  • Reviews
  • Search Engines
  • Virtualization
Read Down
Sign in
Close
Welcome!Log into your account
Forgot your password?
Read Down
Password recovery
Recover your password
Close
Search
Logo
Logo
  • Latest News
  • Big Data and Analytics
  • Cloud
  • Networking
  • Cybersecurity
  • Applications
  • IT Management
  • Storage
  • Sponsored
  • Mobile
  • Small Business
  • Development
  • Database
  • Servers
  • Android
  • Apple
  • Innovation
  • Blogs
  • PC Hardware
  • Reviews
  • Search Engines
  • Virtualization
More
    Home IT Management
    • IT Management

    Technology Industry Views IoT, AI as Top Business Game-Changers

    By
    Dennis McCafferty
    -
    June 11, 2018
    Share
    Facebook
    Twitter
    Linkedin

      PrevNext

      1Technology Industry Views IoT, AI as Top Business Game-Changers

      Technology Industry Views IoT, AI as Top Business Game-Changers

      Technology industry leaders predict that the internet of things (IoT) will bring the most potential to shake up their industry over the next three years, according to a recent survey from KPMG. The resulting report, titled “The Changing Landscape of Disruptive Technologies,” also indicates that artificial intelligence (AI) and robotics will emerge as dominating business transformation drivers. In other findings, survey respondents rank Alibaba as the most potentially disruptive company, and e-commerce as the most likely disruptive business model. More than 750 global tech industry leaders took part in the research. This slide show features survey highlights as well as additional research from the report provided by IDC, with charts courtesy of KPMG.

      2IoT Tops Transformative Technologies

      IoT Tops Transformative Technologies

      The internet of things (IoT) will drive the greatest business transformations over the next three years, according to 17 percent of survey respondents. Artificial intelligence (AI) is ranked second (as cited by 13 percent of respondents), followed by robotics (10 percent).

      3Society to Benefit From Innovation

      Society to Benefit From Innovation

      IoT will most benefit “life, society and the environment” over the next three years, according to 14 percent of respondents. Again, AI is ranked second (as cited by 12 percent of respondents), followed by robotics (10 percent).

      4Solutions Spending Expected to Soar

      Solutions Spending Expected to Soar

      Worldwide IoT spending will total $1.1 trillion by 2021. AI/cognitive tech spending will reach $52.2 billion by then, and spending on robotics and drones will amount to $218.4 billion.

      5Alibaba Emerges as Industry Force

      Alibaba Emerges as Industry Force

      Alibaba is considered the most likely company to disrupt businesses, as selected by 12 percent of respondents. Facebook was next (picked by 11 percent of respondents), and then Airbnb (10 percent).

      6E-Commerce Dominates Business Models

      E-Commerce Dominates Business Models

      Just over one-quarter of respondents predict that e-commerce platforms will create the biggest disruptions in their country over the next three years. Social networking platforms ranked second (as cited by 19 percent of respondents), followed by autonomous transportation platforms (14 percent).

      7Regulations Inhibit Innovation

      Regulations Inhibit Innovation

      Nearly one-quarter of respondents said restrictive regulatory policies present the biggest barriers to innovation. A lack of access to expertise/talent ranked second (as cited by 22 percent of respondents), followed by “nonexistent” tech standards (21 percent).

      8Customer Adoption Issues Limit Commercial Success

      Customer Adoption Issues Limit Commercial Success

      When asked to rank the top barriers to commercializing tech innovation, 22 percent of respondents selected the failure to gain customer adoption. A lack of funding/access to capital ranked second (as cited by 21 percent of respondents), and cyber-security (21 percent) ranked third.

      9Findings Convey Mixed Impressions of Blockchain

      Findings Convey Mixed Impressions of Blockchain

      Survey respondents are relatively lukewarm about blockchain, with just 30 percent indicating that the technology will “very likely” disrupt their company within the next three years. One in five said this wasn’t likely.

      10Gaming Leads App Categories

      Gaming Leads App Categories

      When asked to name their favorite app category, 8 percent of respondents selected “games.” Business, entertainment, travel, lifestyle and social networking all tied for second, as chosen by 7 percent of respondents.

      PrevNext

      MOST POPULAR ARTICLES

      Latest News

      Zeus Kerravala on Networking: Multicloud, 5G, and...

      James Maguire - December 16, 2022 0
      I spoke with Zeus Kerravala, industry analyst at ZK Research, about the rapid changes in enterprise networking, as tech advances and digital transformation prompt...
      Read more
      Applications

      Datadog President Amit Agarwal on Trends in...

      James Maguire - November 11, 2022 0
      I spoke with Amit Agarwal, President of Datadog, about infrastructure observability, from current trends to key challenges to the future of this rapidly growing...
      Read more
      Applications

      Kyndryl’s Nicolas Sekkaki on Handling AI and...

      James Maguire - November 9, 2022 0
      I spoke with Nicolas Sekkaki, Group Practice Leader for Applications, Data and AI at Kyndryl, about how companies can boost both their AI and...
      Read more
      Cloud

      IGEL CEO Jed Ayres on Edge and...

      James Maguire - June 14, 2022 0
      I spoke with Jed Ayres, CEO of IGEL, about the endpoint sector, and an open source OS for the cloud; we also spoke about...
      Read more
      Careers

      SThree’s Sunny Ackerman on Tech Hiring Trends

      James Maguire - June 9, 2022 0
      I spoke with Sunny Ackerman, President/Americas for tech recruiter SThree, about the tight labor market in the tech sector, and much needed efforts to...
      Read more
      Logo

      eWeek has the latest technology news and analysis, buying guides, and product reviews for IT professionals and technology buyers. The site’s focus is on innovative solutions and covering in-depth technical content. eWeek stays on the cutting edge of technology news and IT trends through interviews and expert analysis. Gain insight from top innovators and thought leaders in the fields of IT, business, enterprise software, startups, and more.

      Facebook
      Linkedin
      RSS
      Twitter
      Youtube

      Advertisers

      Advertise with TechnologyAdvice on eWeek and our other IT-focused platforms.

      Advertise with Us

      Menu

      • About eWeek
      • Subscribe to our Newsletter
      • Latest News

      Our Brands

      • Privacy Policy
      • Terms
      • About
      • Contact
      • Advertise
      • Sitemap
      • California – Do Not Sell My Information

      Property of TechnologyAdvice.
      © 2022 TechnologyAdvice. All Rights Reserved

      Advertiser Disclosure: Some of the products that appear on this site are from companies from which TechnologyAdvice receives compensation. This compensation may impact how and where products appear on this site including, for example, the order in which they appear. TechnologyAdvice does not include all companies or all types of products available in the marketplace.

      ×