Emerging Technologies

This article contains a matrix looking at  the impact multiple (4) emerging technologies are likely to have on 10 industries.  It is worth a look!

https://medium.com/swlh/how-emerging-technologies-are-impacting-industries-b85afc14b5d

A spirited debate just took place about the significance that technology plays in our personal and professional lives.  One side took the position that it is nearly impossible to go 24 hours without touching or being touched by technology.  The opposing side believed it is not that bad yet but rapidly moving in that direction.  Recasting that debate in the context of program and project management, has technology permeated our work to the point where it is now necessary for everyone working today needs a basic understanding of computer technology and cyber security? 

What do you think?

The connected vehicle market is currently limited but has great potential.  Current estimates suggest that this year (2016) an estimated 15 million connected cars will ship.  However, that number dramatically increases in the next few years.   All total, one report suggests that by 2021, over 380 million connected cars will be on the road.  Supporting those figures market estimators project that the connected car market will be worth an estimated $46.69 billion by 2020. Now you must also consider the app (application) portion of that market for all of those connected vehicles.  Juniper Research reported that “Smart Vehicle App market will reach $800 million in 2017.  Most strategist concur that technological, regulatory, and consumer adoption hurdles still remain even though efforts are being made to address those roadblocks.  All in all, this is one area of technology that must be monitored closely.

The connected vehicle market is currently limited but has great potential.  Current estimates suggest that this year (2016) an estimated 15 million connected cars will ship.  However, that number dramatically increases in the next few years.   All total, one report suggests that by 2021, over 380 million connected cars will be on the road.  Supporting those figures market estimators project that the connected car market will be worth an estimated $46.69 billion by 2020. Now you must also consider the app (application) portion of that market for all of those connected vehicles.  Juniper Research reported that “Smart Vehicle App market will reach $800 million in 2017.  Most strategist concur that technological, regulatory, and consumer adoption hurdles still remain even though efforts are being made to address those roadblocks.  All in all, this is one area of technology that must be monitored closely.

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.