Most Disruptive Forces in Data Management for 2016
Innovative trends and digital solutions aligned to business goals seem to come thick and fast these days, so as 2015 draws to a close, we thought we’d go out on a limb and try to predict what 2016 might have in store for electronic document and data management.
So, gazing into our crystal ball… What forces and technologies are most likely to disrupt the status quo for businesses next year?
Consumerisation, Bring Your Own Device (BYOD), Software-Defined Data Centres (SDDC), mobile and wearable tech, the Internet of Things (IoT) and cloud computing are all disruptive technologies that could, and almost certainly will, displace established services.
More Advanced Public, Private & Hybrid Cloud Solutions
To be fair, cloud computing can no longer be considered an emerging technology; it’s already here and it’s here to stay. Last year, Information Age predicted that “practically every enterprise across the UK will adopt cloud in some way” and it’s no exaggeration to say cloud has totally transformed the way most businesses operate.
According to research by Computer Weekly and TechTarget, cloud and Software as a Service (SaaS) has been a top spending priority for business decision-makers since 2014, with the majority (57%) also considering other public, private and hybrid cloud services, like storage-as-a-service and datacentre-as-a-service.
We expect these services to become far more sophisticated, intelligent and wide-ranging in 2016.
Information as a Product
Storage and analysis tools for Big Data have become more cost-effective and ubiquitous, enabling businesses to become more agile and really drill into the data sets they’ve been amassing, gaining huge customer insight.
Next year, we expect data and information to become a product in its own right, meaning businesses will allow customers to directly benefit from the data they’re generating. Certain sectors are already seeing increased sales by offering a more tailored product or service based on data utilisation and SDDC.
For example, insurance companies offering more attractive premiums to drivers who have been deemed low-risk after having their driving behaviour tracked by a smart device.
The Rise of Vendor Relationship Management
On a related note, we’re also predicting the proliferation of Vendor Relationship Management (VRM) technologies in 2016.
VRM is all about empowering customers by putting data back into their hands, in one centralised place, rather than locking it away in various silos beyond their control. This means our data can be used more effectively, to help us and make our lives better, which is a good thing.
Data Protection to Remain Top Priority
Being at the cutting edge, especially in the field of data and information management, can drive growth and increase efficiency, but innovation and competitive edge can come at a price. It’s important to remember that employing the latest disruptive technologies can have potentially damaging security implications.
Talk Talk and Moonpig have both suffered embarrassing data breaches this year, so we fully expect cyber security and data protection to be top priority for organisations handling sensitive information in 2016.
Consumerisation Driven by Mobile, BYOD & Wearable Tech
Mobile, personal cloud and Bring Your Own Device (BYOD) technologies are at the heart of the current wave of consumerisation within business. Taking control away from IT departments and putting it in the hands of the consumer can be dangerous, but there are advantages.
As long as the devices, tools and platforms being used are secure and appropriate, why wouldn’t you want your employees to use the technology they’re most comfortable with? Surely this can only improve productivity and satisfaction?
Wearable tech is another example of consumer technology that’s slowly creeping into the corporate world and finding business applications. Mobile and wearable are helping to promote an ‘always on’ approach to doing business and generate vast amounts of valuable data as a result.
We expect these technologies to become even more pervasive next year, contributing greatly to the proliferation of the Internet of Things.
Expanding the Internet of Things
The IoT refers to a world where everything is connected via smart technology – not just computers, phones, tablets and TVs, but cars, lights, watches, heating, appliances, shoes, etc. These everyday objects will be equipped with artificial intelligence that allows them to learn your habits and adjust their behaviour accordingly.
The IoT is already here to an extent, but it’s set to get much bigger next year and will inevitably play a role in key business processes. The challenge will be in how the data generated by all the world’s objects is gathered, stored, secured and managed to provide meaningful insight and an enhanced user experience. The ability to scale data management systems to ensure capacity and performance will be critical.
At Margolis, our goal is to empower businesses to manage, store, share, preserve and deliver valuable data, reducing costs and the time taken to locate information. By staying up-to-date with the latest trends and technologies we’re able to ensure our diverse range of services remain innovative and relevant. If you’d like to discuss our solutions and how they can help your business, please get in touch.