Prediction 2021: Cryptocurrency Goes Mainstream

By 2023, cryptocurrencies will be in mainstream use by consumers. If you read or watch a lot of the media you’d think that Bitcoin was primarily the province of cyber criminals and speculators, but that’s starting to change. China is planning to launch its own cryptocurrency this year, last year JP Morgan Bank launched the…

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Prediction 2021: Blockchain Usage in FinTech

Through 2023, fintechs using blockchain will accelerate critical adoption and use of digital currency services, and smart contracts. Blockchain will accelerate service speed, security and usability. This will enhance business as well as consumer value by reducing cost, the idea that we’ll have fewer cyber risks, and execution errors. Blockchain created many billions of transactions…

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Prediction 2021: Post-COVID Business Environment

The post-COVID business situation will never return to the pre-COVID status quo. As COVID-19 vaccines begin to appear, it’s natural to want to go back to how things were in the ‘before time’ of a year ago.  Fantasizing about traveling on vacation or hearing live music again is fine, but business planners should not assume…

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Prediction 2021: Digital Transformation in Manufacturing

Despite COVID-driven tech investments, the majority of manufacturers will fail in digital transformation through the end of 2022. I say this because, while COVID is really driving investment in technologies like AR/VR, Automation, AI, Machine Learning – the applications of these technologies have helped to mitigate the disruptions that COVID has caused – but the…

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Prediction 2021: HR and Digital Transformation

By 2025, human resources departments will hire at least, one leader responsible for digital transformation. Digital transformation in 2020, planned or pandemic-induced, has forever altered our working lives. Especially now, technology is a critical element to engage and interact with colleagues, partners and customers. How digital technology impacts employee engagement, effectiveness and advancement is a…

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Prediction 2021: Entertainment and Live Streaming

In March of 2020, I forecasted that live streamed music would continue to grow in market share and in-person, location-specific concerts would struggle to recover on a large scale. Enter new streaming platforms, technologies and services that will monetize music consumption, broaden the availability of live music and grow the fan base. Gaming, social media…

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Prediction 2021: Business IT

My prediction is that business IT cannot handle the truth of re-globalized business, especially for the next couple of years. When COVID-19 broke supply chains, it became clear that the so-called globalized business still relied on consolidated, massive financial, industrial and commercial centers, connected by traditional, sequential supply chains. It was ‘global’ because the centers…

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Prediction 2021: Healthcare Providers

2021 will be the most intense year in decades for payers in health insurance plans, healthcare providers and their IT vendors as they start to tackle the recent game-changing open Application Programmer Interface regulation.  It will require them to finally share data.  Other 2021 challenges include competition surrounding price transparency (hard to play hide-and-seek with…

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Prediction 2021: Manufacturing Digital Transformation Balderdash

  Despite COVID-driven tech investment, many manufacturers will fail at digital transformation through 2022.  COVID has accelerated many manufacturer’s investments in technology such as robotics, automation, augmented reality/virtual reality ( AR/VR), artificial intelligence (AI), and machine learning (ML), and advanced analytics much more than predicted at the beginning of 2020.  Despite this rush to technology…

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