point

May - 2015 - issue > CXO INSIGHT

3 Top Emerging Trends for Enterprise Software

D Padmanabhan (Paddy)
CEO- Appnomic Systems
Friday, May 1, 2015
D Padmanabhan (Paddy)
Many of us in enterprise IT and software markets are heads down working on cloud, social platforms, mobility, the ever present security challenge, analytics, and the daily operations of running our enterprises. We sure have our hands full! Of course, if we don't keep an eye on what's on the horizon, we can be caught flat footed and lose badly when new trends overtake our current operation. And do all this while improving the operations efficiency and lowering the cost of delivery. To avoid these bad outcomes, we must force ourselves to keep an eye on what's ahead. Here's 3 trends to keep in mind.

More software is getting smarter, although there's still a long way to go
The advent of new mathematical models, continued broadband proliferation, and still massive reductions in compute power / cost ratios are enabling more enterprise software solutions to incorporate more advanced analytics within their solutions.

However, be careful here. As a discussion with a recent industry analyst indicated, in many situations, "Advanced Analytics" isn't really very advanced yet. Many of us have been doing lots of analysis on lots of data over the years. The edge is where truly new methods are processing truly new, step function increases in data volumes, in real time (or near real time for you sticklers) and delivering unique, new operational and business benefit as a result of these new techniques.

It's not enough to have basic visualizations of data or information captured in graphs and charts of dashboards. The advanced analytics space has new means to sift through the massive volumes of data "noise" to identify patterns and to predict, relatively accurately, future events that can enable users to get ahead of the game.

An example of a smarter system that recognizes related events and offers the user a better experience as seen when calling an airline and the system offering a refund or rebook option on a flight that is delayed or cancelled without waiting for the user to navigate thru several options and achieve the same.

Share on Twitter
Share on LinkedIn
Share on facebook