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…
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…
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…
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…
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…
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…
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…
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…
Starting in 2021, pandemic abandoned office space will be repurposed to indoor farming and food production. The pandemic has had a significant impact on commercial building usage. Shuttered businesses, reduced workforces, working from home have emptied office spaces, especially in cities. It’s very likely that much of that space will not be refilled when the…
CEO’s top technology priority in 2021 is blockchain, especially in the fintech sector. Five blockchain opportunities revolutionize banking and financial services for business and central banks’ adoption. As more emerging/new fintech blockchain services are available for adoption, existing financial services will require refresh/retro-fit upgrades. Banks, credit unions, and financial services must revolutionize their traditional services to be relevant within five years!
