Posts tagged ‘Robotics’

Nov 6

Tech Leaders Look To IoT, AI & Robotics To Fuel Growth Through 2021

30% of tech leaders globally predict blockchain will disrupt their businesses by 2021.
IoT, Artificial Intelligence (AI) and Robotics have the greatest potential to digitally transform businesses, making them more customer-centered and efficient.
26% of global tech leaders say e-Commerce apps and platforms will be the most disruptive new business model in their countries by 2021.
IDC predicts worldwide IoT spending will reach $1.1T by 2021.

These and many other insights are from KPMG’s recent research study Tech Disruptors Outpace The Competition. The study can be downloaded here (PDF, 42 pp., no opt-in.). The methodology is based on interviews with 750 global technology industry leaders, 85% of whom are C-level executives. For additional details on the methodology, please see pages 32 and 33 of the study. The study found that the three main benefits of adopting IoT, AI, and robotics include improved management of personal information, increased personal productivity, and improved customer experience through personalized real-time information. Key insights gained from the study include the following:

IoT, Artificial Intelligence (AI) and Robotics have the greatest potential to digitally transform businesses, making them more customer-centered and efficient. Tech leaders also see these three core technologies enabling the next indispensable consumer technology and driving the greatest benefit to life, society, and the environment. KPMG’s research team found that tech companies are integrating these three technologies to create growth platforms for new business ventures while digitally transforming existing business processes. Tech leaders in the U.K. (21%), Japan (20%) and the U.S. (16%) lead all other nations in their plans for IoT digitally transforming their businesses by 2021. Please click on the graphic below to expand for easier reading.

30% of tech leaders globally predict blockchain will disrupt their businesses by 2021. 50% of Japanese tech leaders predict that blockchain will digitally transform their industries and companies by 2021, leading all nations included in the survey. IoT processes and the rich, real-time data stream sensors and systems are capable of delivering is predicted by tech leaders to be the primary catalyst that will enable blockchain to digitally transform their businesses. 27% of tech leaders globally expect IoT data and applications combined with blockchain to redefine their companies, supply chains and industries. Identity authentication (24%), automated trading (22%) and contracts (14%) are the 2nd through fourth-most disruptive aspects of blockchain by 2021 according to tech leaders. Please click on the graphic below to expand for easier reading.

26% of global tech leaders say e-Commerce apps and platforms will be the most disruptive new business model in their countries by 2021. 19% see social media platforms creating the majority of new business models, followed autonomous vehicle platforms (14%) and entertainment platforms (11%). KPMG’s analysis includes a ranking of top business models by country, with e-Commerce dominating four of the five regions included in the survey.

50% of tech leaders expect media, transportation, healthcare, and transportation to experience the greatest digital transformation in the next three years. Respondents most mentioned Amazon, Netflix, Alibaba, Uber, Google, and Facebook as examples of companies who will digitally transform their industries by 2021. The following table provides insights into which industries by country will see the greatest digital transformations in the next three years. Entertainment platforms are predicted by tech leaders to have the greatest potential to digitally transform the media industry in the U.S. by 2021.

Tech leaders predict IoT’s greatest potential for adoption by 2021 is in consumer products, education, services, industrial manufacturing, and telecom. AI’s greatest potential to digitally transform business models is in healthcare and industrial manufacturing (both 11%), consumer products, financial, and services (10% each). As would be expected, Robotics’ adoption and contribution to digitally transforming businesses will be most dominant in industrial manufacturing (15%), followed by healthcare (11%) and consumer, financial and services (10%). Please click on the graphic to expand for easier reading.

Jun 25

Internet of Things, Machine Learning & Robotics Are High Priorities For Developers In 2016

56.4% of developers are building robotics apps today.
45% of developers say that Internet of Things (IoT) development is critical to their overall digital strategy.
27.4% of all developers are building apps in the cloud today.
24.7% are using machine learning for development projects.

These and many other insights are from the Evans Data Corporation Global Development Survey, Volume 1 (PDF, client access) published earlier this month. The methodology was based on interviews with developers actively creating new applications with the latest technologies. The Evans Data Corporation (EDC), International Panel of Developers, were sent invitations to participate and complete the survey online. 1,441 developers completed the survey globally. Please see page 17 of the study for additional details on the methodology.

Key takeaways from the study include the following:

Big Data analytics developers are spending the majority of their time creating Internet of Things (IoT). The second-most popular Big Data analytics applications are in professional, scientific and technical services (10%), telecommunications (10%), and manufacturing (non-computer related) (9.6%). The following graphic provides an overview of where Big Data analytics developers are investing their time building new applications.

Robotics (56.4%), Arts, Entertainment and Recreation (56.3%), and Automotive (52.9%) are the three most popular industries data mining app developers are focusing on today. Additional high priority industries include telecommunications (48.3%), Internet of Things (47.1%) and manufacturing (46.7%). A graphic from the study is shown below for reference.

Nearly one-third (27.4%) of all app developers globally are planning to build new apps on the cloud. 66.9% expect to have a new cloud app within 12 months. Overall, 81.3% of all developers surveyed are building cloud apps today. The following graphic compares developers’ predicted timeframes for cloud app development over the next two years.

Better security (51.9%), more reliability (42%) and better user experience (41%) are the top three areas that motivate developers to move to new cloud platforms. Additional considerations include a better breadth of services (39.4%), networking and data center speed (37.8%), better pricing options (37.5%), better licensing structures (34.6%) and completeness of vision (30.9%). The following graphic compares the key factors that most motivate developers to switch cloud platforms.

45% of developers say that Internet of Things (IoT) development is very important to their overall digital strategy. 7% say that IoT is somewhat important to their digital strategy. The study also found that 29.5% of all developers are creating Internet of Things (IoT) apps today. The following graphic illustrates the relative level of importance of IoT to developers’ digital strategies.

41% say that cognitive computing and artificial intelligence (AI) are very important to their digital strategies. In speaking with senior executives at services firms, the opportunity to provide artificial intelligence-based services using a subscription model is gaining momentum, with many beginning to fund development projects to accomplish this on a global scale.

Most frequently created machine learning apps include those for the Internet of Things (11.4%), Professional, Scientific and Technical Services (10%), and Manufacturing (9.4%) industries. Additional industries include telecommunications (8.3%), utilities/energy (8.1%), robotics (7.2%) and finance or insurance (6.8%). The following graphic breaks out the industries where machine learning app development is happening today.

The majority of developers (84.2%) say that analytics is important for enabling their organizations to operate today. Of that group, 45.7% say that analytics are very important for their organizations to attain their goals.