This vendor-written piece has been edited by Executive Networks Media to eliminate product promotion, but readers should note it will likely favour the submitter's approach.
Today's business landscape is changing and technology is not only rapidly transforming the way we live, but also how we work. In recent years, we've seen organisations increasingly adopt digital tools in a bid to improve operational efficiency, enhance collaboration, and leverage data to gather insights to drive overall business value for employees and clients alike.
It is no surprise then, that many organisations are now utilising wearables, sensors and augmented reality technology to boost business processes. Needless to say, the growing use of such technologies creates an environment of hyper connectivity, driven by the Internet of Things (IoT), which in turn enables digital transformation to occur.
IoT has long been hailed as the next mega trend, and it is easy to see why. The International Data Corporation (IDC) has reported that the Asia Pacific IoT industry will continue its growth momentum, projecting that the number of connected "things" will increase from 3.1 billion to 8.6 billion units in 2020. In terms of market size, the Asia Pacific excluding Japan market is expected to grow from USD 250 billion to USD 583 billion by 2020. Given these figures, companies are invariably taking notice of the immense opportunities that IoT poses to their businesses and citizens at large.
As businesses become more and more digitalized, thanks to industry trends such as Smart Nation, IoT and BYOD, the need for organisations to be equipped with the right IT infrastructure and solutions is greater now more than ever. As we move on to 2016 with even more businesses embarking on, and continuing, their digital transformation, Fujitsu sees a number of ICT trends that will shape how companies evolve in the digital age.
With enterprises focusing on digitalizing their operations, the IT function in organisations will play a more central role in enabling this transformation, thus allowing organisations to act faster, think smarter and become more agile and competitive.
In order to realise this, bimodal IT will become a thing of the past. The traditional IT role has two distinct modes - the Systems of Record (SoR), which is primarily process-driven, and facilitates and automates business processes, as well as the Systems of Engagement (SoE), which is mainly data-driven and leverages analytics to gather insights and drive innovation.
To sustain competitiveness, the SoR and SoE will have to work together, and be managed alongside any cloud or on-premise IT. True digital innovation entails SoE, which includes technologies in the areas of mobile, big data, IoT and artificial intelligence, being utilised to complement SoR, the traditional means of recording and storing data within the organisation.
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