Mind Commerce sees the following list of trends playing a significant role and impact on society over the course of the next ten years:
- Anytime, anywhere, any device access to communications, content, commerce, and applications: Consumer Cloud Services is a concept involving the storage of various consumer electronic items in “the cloud” for the benefit of anytime, anywhere, any device access. The concept is that one would not be limited to things like not being able to listen to their music because it is stored on a laptop (only) and not accessible when wanted on the go.
- Increased emphasis on non-human communications: With worldwide carriers reaching saturation of human users, network operators are looking for new ways to generate revenue and enhance profitability. At the same time, miniaturization is reaching the point in which embedded computing can be virtually ubiquitous. With the advent of IP version six (IPv6) and the attendant huge increase in IP addresses, virtually everything can be labeled (e.g. have an address or reference). All of this adds up to translate into a world in which objects (devices, equipment, and other assets) are communicating, transacting, signaling, etc. Arguably this market will overtake human communications rapidly as there are vastly more objects in the world than humans, they can communicate much faster, much more frequently, and for many more reasons than humans.
- The convergence and integration of many things: Many things are converging including everything from networks, services, and entire business models. One key example that is particularly poignant for enterprise is the convergence of M2M, IoT, Social, and Big Data. In many enterprises, discrete information systems that were developed over time for specific functions in an uncoordinated fashion have traditionally hampered high-level decision-making. When internal systems are organized in a silo fashion, top management typically struggles to spot correlations among individual departmental reports that could indicate areas for cross-departmental or divisional improvements. Historically, discrete data collection systems fail to present big picture perspectives since any actionable information on trends is constrained, as if perceived through horse blinders.
- Open networks, open interfaces, and many applications: While a large part of the market is yet to understand their technological and strategic significance, Telco Network Application Programmer Interface (API) play a critical part in carrier networks as a secondary stream of revenue. Telco Network APIs capitalize on existing network infrastructure to create a vast array of business opportunities for carriers worldwide. In essence, these APIs allow carriers to disseminate a wealth of internal information or resources to third parties. This could entail everything from network QoS for video service delivery to Subscriber Data Management (SDM) for advertising and profiling, the goal being to enable third party developers to offer services in return for revenues.
- Wireless Broadband Replaces Narrow-band and Circuit-switched Voice: A key theme throughout the evolution of mobile/wireless evolution has been replacement of POTS (Plain Old Telephone Service) with various wireless options (mostly cellular but also fixed wireless of various types). This trend has accelerated in recent years as prices decrease, awareness increases, trust in Internet Protocol (IP), wireless, and VoIP increases. A theme within a theme has been the replacement of narrow-band and circuit switched with broadband wireless.
What key trends to you see? Let us know. We would like to hear from you.