The race is on
From the Emerging Technologies Blog
by Kevin Coleman
UPDATED MAY 2020 - This blog will appear monthly from now on. Today, all organizations depend on technological innovation in order to sustain their existence. Analysis of emerging technologies and identification of those technologies with the greatest potential is essential to being prepared for upcoming projects. The objective of this blog is to establish future oriented technology analysis and insights. This blog was established to provide program and project managers with information about these emerging technologies. These emerging technologies have far reaching repercussions for program and project managers. This blog will jump-start the learning process and allow program and project managers to become proactive.
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We have just passed the starting line of the largest era of emerging technology in history. Its perceived implications are overwhelming. As a reference point, we are where the Internet economy was in 1995. The difference is this is likely to be 4 times the size. Think of 4 times the disruption we experienced in the early stages of the Internet economy. I hope everyone has learned not to throw money at every wild idea that comes along like they did in 2000 and 2001. There are now 16 high velocity emerging technologies with a combined projected market of nearly $20 trillion.
Multi-factor analysis example: One core business process that I examined has a sizable impact by 7 of the 16 emerging technologies!
This is like to drive the complexity of our program and projects higher. It should also be noted that little if any experience currently exists with the emerging technologies - PMs or otherwise!
Posted on: May 23, 2018 12:55 PM |
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Comments (13)
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Very interesting, thanks for sharing
Baffling figures, thanks for sharing Kev!!
Drew Craig
Sr. Agile & Product Coach| Vanguard
Philadelphia, Pa, United States
Those are impressive statistics. It will be interesting to see things transpire.
Vincent Guerard
Coach - Trainer - Speaker - Advisor| Freelance
Mont-Royal, Quebec, Canada
Kev, that was the introduction
looking forward
Kevin Coleman
Subject Matter Expert, Author, Speaker and Strategic Advisor| - Insights
Pa, United States
@ Vincent - I will be covering one of the sixteen technologies on the PMI Technologies and Talent Virtual Event on June 13th.
Very interesting figures, I did not expect that.
Kevin Coleman
Subject Matter Expert, Author, Speaker and Strategic Advisor| - Insights
Pa, United States
@ Kevin No I was taken back by many aspects of this analysis. The overall size of the combined market, the multi technology application data was perhaps the biggest shocker
Alok Priyadarshi
Project Manager| Tata Consulting Engineers Limited
Jamshedpur, Jharkhand, India
Brian Martin
Chief Project Executive| CONFIDENTIAL
Ca, United States
Everything is in trillions these days - makes you think
Vincent Guerard
Coach - Trainer - Speaker - Advisor| Freelance
Mont-Royal, Quebec, Canada
@Kev - any plan for the 15 others, really curious
Will be listening on June 13th
Kevin Coleman
Subject Matter Expert, Author, Speaker and Strategic Advisor| - Insights
Pa, United States
@ Vincent I hope to hit one at a time until done. I ran a poll to see what order of most interest would be - it was all about equal. Perhaps by alphabetical order.
Luis Branco
CEO| Business Insight, Consultores de Gestão, Ldª
Carcavelos, Lisboa, Portugal
Dear Kevin
Interesting your perspective on the theme: "The race is on"
Thanks for sharing
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