The internet of things (IoT) is starting to take shape. This year will also be marked by the introduction of 5G internet, speech technologies, and Smart Cities. In the coming years, artificial intelligence and virtual reality will be added to the agenda. These trends and developments would have a major impact on not just our way of life, but also business practices of developers such as ‘android app developer.’
POINTS OF INTEREST ON HOW YOU HANDLE ALL OF THE TECHNOLOGICAL ADVANCEMENTS
- Acknowledge the opportunities
In order to make maximum use of these same technological developments, it is first and foremost important to recognize their potential. As a manager it is therefore important to have a broad technical insight into this digital change. Yet many managers indicate that it is difficult for them to show the time and energy for this. Recognizing the opportunities therefore implies freeing up time and budget to discover them. Setting an innovation budget annually is a first step in the right direction. That budget can then be used for participation in test projects, further training of the managers or to make room for new IT vacancies .
- Dare to change
Dissatisfied user of new work technology Managers are still limited by their vision of ‘classic working’. Recognizing the opportunities is therefore tantamount to acknowledging the changing environment. This changing environment will automatically shape the new way of working.
Self-learning technology can also be used for automatic processing and cataloging of patient files or for smarter data analysis. 5G internet should allow employees to work anywhere. Speech technology will then drastically change the interpretation of functions. Knowing the technology and its impact is therefore crucial to embracing technological developments.
- Make choices
Not every technological development will add value to the company. It is therefore important to make decisions based on the released budget. For this we could start from clearly defined problems, although that would also be based on an existing structure and could limit us too much.
Perhaps it is therefore worthwhile to think in terms of benefits and only make the cost-benefit analysis in the long term, without automatically falling into doom scenarios. After all, in the past, managers too often tended to label new developments as short-term trends, so that companies now face ever-increasing backlogs. With technology expanding and impacting all facets of society, such laxity can have drastic consequences for corporate numbers. Yet you will never be able to integrate all developments in the company: dare to choose.
- Also consider the dangers!
Getting used to new technology Technological developments also automatically imply new dangers. They go much further than just missing the boat. We also see this concern recurring among CEOs. In the Benelux, about 33% of CEOs would therefore be concerned about the new risks related to processes and systems. Technological disruption and cybersecurity in particular would be feared, while only 44% of those same CEOs indicate that they are very well prepared for such a cyber attack. Budgetary concerns have not escaped the dance either. Nevertheless, many measures can be taken. We do not need to repeat that it is better to take action in the field of cyber security.