Together and on a longer run, these technologies could account for trillions of dollars of economic impact. That’s why you need to identify them now. A look at the history of entrepreneurship and you are bound to see a repeated story of technology disrupting industries. Here’s Part – 1 of these trends identified by the Mc Kinsey Global Institute report which are going to be well-elaborated and discussed at whatnext 2013, Saturday, Dec 14, 2013.
Mobile internet has topped the list of most disruptive technologies. It has the potential to drive global economic impact to $3.7 trillion to $10.8 trillion a year in 2025. According to Mc Kinsey Global Institute analysis report, mobile internet is estimated to drive global economy to $10.8 trillion by 2025.
One of the surprising entries, is Automation of Knowledge work. Knowledge Work Automation is defined as the use of computers to perform tasks that rely on complex analysis, subtle judgments and creative problem solving. It is right at top with $ 5-7 trillion impact across a wide range of industry sectors.
The Internet of Things- embedding sensors and actuators in machines and other physical objects to bring them into the connected world- is spreading rapidly, according to the Mc Kinsey report. The Internet of Things allows businesses and public sector organizations to manage assets, optimize operations and create new business models. It has potential to ride up to $ 6.2 trillion by 2025.
Among key findings of this report, it is estimated that Cloud computing could generate as much as $US 6.2 trillion globally in economic value over the next 12 years driven by a doubling in the internet population worldwide and a major shift in IT enterprise, towards the cloud.
We’ll be discussing the rest of the identified potential disruptive technologies in our next blog.
For an elaborate confluence, join us for whatnext 2013 at AMA, Ahmedabad.