The coming year will see Chief Information Officers (CIOs) focus on making strategic network investments in order to best manage big data, the cloud, and the Internet of Things (IoT).
U.S. broadband and telecommunications company Verizon Communications Inc. has released its annual Enterprise-Technology Trends, predicting companies will invest in and adopt tech to further business innovation and future growth.
Chris Formant, Verizon Enterprise Solutions’ Global President, says 2015 will see CIOs connect with tech innovation on a global level.
“They understand the potential of the Cloud, or the Internet of Things, but realize that these technologies cannot be viewed in isolation. Rather, they must be fully embedded into global business operations if their potential is to be realised,” said Mr Formant.
“We believe CIOs will refocus on the fundamentals in 2015, securely embedding innovation in their global network in order to make sense of big data outputs and fuel business growth.”
The five trends Verizon predicts will drive change for businesses in 2015:
– Network reliability and innovation.
Businesses are expected to focus on network and IT investments, with higher demands of data, cloud, video and mobile solutions requiring CIOs to be capable of allocating an increasing workload to more data centres.
– SMEs to experience IoT growth.
More small and medium-sized businesses are predicted to adopt tech relating to Internet of Things, as customer user confidence and experience highlight the need for less Machine-to-Machine complexity.
– Predictive analytics to clarify Big Data.
Businesses will begin to analyse larger levels of data in 2015 in order to enhance performance and provide insight into how assets are being used. Among other things, Big Data analytics will be further embraced to improve efficiency and identify revenue streams.
– IT to control the Cloud
More IT departments will be controlling the business’ cloud usage in the coming year. A rise in cloud solutions is expected, with a specific focus on customer interaction, operational transformation and technology compliance.
– Cybercrime risks to become more complex
The rise in technology and cloud-based systems will inevitably make network security more complex. More businesses will need to adopt risk management strategies and use big data analytics if they are to stay on top of cybercrime.
