An article in Scientific American asked the question:
How Many Gigs Are You Wearing?
They went on to explain that magnetic clothing (MC) could be coming to a clothing retailer near you. The MC could be used to store user names, passwords and other important commonly used data. Hope it has cyber security measures figured out!!
So now the second big question: Anyone have that on their radar for future projects?
Artificial Intelligence (AI) is an up and coming technology. Forrester Research projected about a 300% increase in AI investment in 2017 over what we saw in 2016. Forbes recently posted that the AI market will grow to $47 billion in 2020. That is from $8 billion in 2016.
When Vladimir Putin comes out and states - Whoever Leads in Artificial Intelligence Will Rule the World - that clearly speaks to the importance to keeping up with this emerging technology!
PLEASE TAKE MY AI POLL
The wearable (computing - technology- electronics) market or whatever title you want to give it are minute electronics devices worn by individuals (consumers and workers) that communicate via wireless communications (Bluetooth ets), networking and /or mobile computing. After a substantial amount of research and development they have advanced sharply in recent years. Current projections suggest this market segment will reach $30.6 billion USD by 2020. That is just over 3 years from now! Looks like PMs will be increasingly working with this emerging technology.
The Internet of Things (IoT) age is upon us and by all estimates this period of rapid technological advancement and change will be 3 times the magnitude seen during the Internet era of the mid to late 90s. Forbes recently published an article that projected the Internet of Things economy would be $19 trillion and contain 50 billion connected devices by 2020. That is tremendous growth in less than 5 years. Consider the manufacturing of those devices, their installation and connectivity. Consider all the data those devices will generate. Proper analysis and use of that data will have profound implications on decision making and modern operations. All of that translates to a significant impact on businesses in virtually every industrial segment. That also translates to a large number of programs and projects which will put a strain on the current pool of project managers. Is your organization ready? Are you?
3D printing is not just one of those new/emerging technologies. In the next few years, is believed that 3D printing will be one of the top technology disruptors that will be impacting virtually every industrial segment - no exception. It is expected to kill millions of jobs while creating far less new jobs. Today, about 18 percent of organizations have 10 or more 3D printers in use according to Gartner. Forecasters believe that the global 3D printing market will robustly grow robustly and reach $21 billion by 2020. One recent publication reported that 2.5 percent of 3D printers are being used to produce products that CAN’T be created using conventional methods? That is a real breakthrough. 3D printing is really early on in its development. Its capabilities and value will only continue to increase and cause disruption to current practices and models as the technology matures. We can all expect more programs and projects involving 3D printing in our future.