Emerging Technologies in Demand
Cloud computing and the decreasing cost of devices have made it more affordable for companies of any sizes to transform digitally, according to 81% of business leaders surveyed in the Microsoft Asia Digital Transformation Study.
Majority of business leaders (78%) regarded cloud computing as essential in their digital transformation strategy.
In the next 12 to 18 months, business leaders in Asia Pacific are interested to explore a range of emerging technologies to accelerate and achieve digital transformation.
The top five technologies identified by business leaders as being relevant to them are:
Artificial intelligence: Intelligent machines or software that are able to learn and perform tasks independently. Examples include robots, chatbots and self-driving cars;
Internet of Things (IoT): Network of sensors embedded into devices that can collect data or be remotely controlled. Examples include smart buildings, cars and home devices;
Wearable technologies: Advanced computing and electronic technologies that are embedded into clothing, devices or bodies. Examples include smart watches and fitness trackers;
Quantum computing: Next-generation computers using different computation systems to solve data equations much faster than traditional computers;
Virtual/ augmented/ mixed reality: Technologies enabling the merging of real and virtual worlds into new and immersive experiences. Examples include Microsoft HoloLens, Oculus Rift, and 3D video gaming.
These emerging technologies, specifically, cloud, analytics and new capabilities like AI and IoT will give organisations new capability to transform. But real transformation only happens when they bring their people along with them. Equipping employees with the right tools to enable them to be part of solution to be more responsive, data driven and customer centric are also key.