Making predictions around technology developments is, and always has been, a profoundly challenging task. However, we do believe that some powerful trends, that are currently gaining momentum, will strongly influence our technology experience in 2023.
If we go back to 2003, the ‘IPification’ of everything was not yet envisaged. We did not expect telephones to cease to exist. We did not expect voice communications to become just one function that we can use on our preferred devices. We didn’t expect to be carrying powerful IP enabled computing devices in our pockets and handbags. We did not expect to see IP enabled devices being embedded in cars, in consumer good, and in buildings.
The ‘IPification’ of everything is forcing the convergence of ICT, as we know it today, with a whole host of industry specific processes. For example, we are starting to witness manufacturing automation processes converge with IT as IP enabled technology is built into manufacturing activities. This process is creating huge opportunities for innovation as organizations experiment with and test IP enabled technology.
As an investor these continuously changing trends have to be thoroughly looked into. One might plan to invest in something now which might be useless tomorrow.
So what changes can you foresee for the next coming 10 years? Will we still have most of what we are seeing now? Apps like whatsapp, wechat, facebook and so forth, will we still have those?