Software will disrupt most traditional industries in the next 5-10 years.

Uber is just a software tool, they don't own any cars, and are now the biggest taxi company in the world. Airbnb is now the biggest hotel company in the world, although they don't own any properties.

Artificial Intelligence: Computers become exponentially better in understanding the world. This year, a computer beat the best Go player in the world, 10 years earlier than expected. In the US, young lawyers already don't get jobs. Because of IBM Watson, you can get legal advice (so far for more or less basic stuff) within seconds, with 90% accuracy compared with 70% accuracy when done by humans. There will be 90% less lawyers in the future, only specialists will remain.

 

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Enhance your business goal tracking with Data Analytics

The analytics enables various organization and enterprises to make the necessary decision in short period of time where everyone likely to retain their customers and trying to achieve success in business in a short period of time. Everyone is diving into business analytics that has a tremendous amount of way to find the what’s needed and what’s not in business. This unique ability of analytics helps to focus on business problems and also enables to provide deeper insights that are highly relevant to each industry. The intelligence business data analytics enables them to collaborate with each other and executives to alert the business in which they work, and play.

 

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Smart cities and the Internet of Things

A smart city is one that uses data and technology to better serve the needs of the public, which promotes economic development in a sustainable way to improve infrastructure. IoT and smart cities are on a journey to transform modern life. These cities will only accelerate in the coming years with more research being conducted, as well as the UK’s Department for Digital, Media, Culture and Sport having allocated funding for smart city pilots.

 

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Achieving the speed and agility of cloud giants

It is easier than ever to disrupt industries and markets with new innovations. Cloud and mobile computing combined with the rise in social media has given business unprecedented opportunities to reach new customers with innovative products and services. This is called the Idea Economy, and it allows new businesses to impact their industries quickly while often leaving their more established competitors scrambling to keep up.

 

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