Emerging Technologies
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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A brief introduction to Emerging Technologies
The erosion of conventional wisdom
WARNING: 2 Significant Cyber Threats
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Biology + Math = BioInformatics
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| Are imaginations are being stretched. Stretching them are the introduction of new, advanced technologies that are emerging at a pace not seen before. We have entered a period where what was unthinkable a few short years ago is not only achievable, but becoming commercially available. Sometimes, even implemented and put into use!
The rapid rate of technological advancement is indisputable. The three biggest remaining questions are:
- What industry or industries will these capabilities impact the most?
- How will it affect the program and project management profession?
- What should we as professionals do to respond to what is here today and coming tomorrow?
The answers to these questions are quite difficult to articulate. To do this, I am going to use an example. First let’s look at combining three rapidly advancing technologies - artificial intelligence, drones and advanced image processing. Believe it or not, there is a term that describes what appears to be in-front of us. It is called Singularity. One of the multiple meanings of the term ‘Singularity’ deals with a hypothetical point in time when artificial intelligence (AI) and other technologies combine (in this case its drones and image collection and processing) and achieve a level of advancement that multiple factors undergo a significant and irreversible change.
Going back, as I mentioned in the opening, “Sometimes, even implemented and in use,” this is the case today. In the EU, where construction sites are collecting images (in some cases via drones and even palm sized drones for smaller size/indoor projects, those images are uploaded and use AI software that performs image recognition and assesses the progress and flags up delays or errors automatically. Remember my ‘Board Meeting” blog, how about showing the video and the system assesses the status, evaluates the progress, graphically highlights issues on the video and reports the results. Is this at the door-step of becoming an expectation, a requirement and part of project management?
As for question #2 - Are we entering the point where singularity is about to happen and the implications on program and project management will impact all of us? It certainly appears that way give the technology example. Finally, for question #3, we as professionals had better understand the new capabilities of multiple technologies that are emerging and combining to change operational models that have been in place for years and in some cases decades. In addition, we had better prepare for resistance to these changes.
Given this recent, high-impact technology offering, perhaps you might want to consider viewing a couple of past webinars 1) Cognition and Artificial Intelligence: A Growing Component in Multiple Projects and 2) Talent & Technology Symposium 2018: Drones – Coming to a Project Near You! – I have provided the links below. However, don’t stop there! Go on and evaluate emerging technologies on an on-going basis and adapt to this rapidly changing world of technology.
LINKS
1. Cognition and Artificial Intelligence: A Growing Component in Multiple Projects
https://www.projectmanagement.com/videos/513907/Cognition-and-Artificial-Intelligence--A-Growing-Component-in-Multiple-Projects
2. Talent & Technology Symposium 2018: Drones – Coming to a Project Near You!
https://www.projectmanagement.com/videos/497519/Talent---Technology-Symposium-2018--Drones---Coming-to-a-Project-Near-You-
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Posted on: November 01, 2020 12:48 PM
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