The ability to scan and harness emerging technologies is no longer an option, but a necessity for driving and sustaining long-term business viability and competitiveness. The list of ‘next big things’ perpetually grows longer. The impact varies on the basis of maturity and nature of solutions. Some technologies have the potential to disrupt economies, lives, workplaces, and experiences. The questions remain on how to get the best out of changing times and how much of relevance do the latest trends hold for enterprises and businesses.
Disruptive technologies will transform lives, businesses, and the global economy. In coming years, either enterprises will run for sustenance or will be pushed out due to lack of adaptability. Testament to such premature endings are companies like Kodak and Nokia. The major reason for these erstwhile industry giants dying out is the obvious lack of a strategic road map. How, where, and when to leverage the emerging technologies, and at a significant pace, are the questions that need answering. Timing the identification, evaluation, and execution is critical to the well-being of the enterprises. As the digital thought process and innovation maturity foster across organizations, they need to have a cadence and governance to handle the anatomy of the technology filtration.