COMBINATORIAL EFFECT
OF TECHNOLOGY
The capability of technologies working
in tandem far exceeds the capabilities
of each deployed separately (Figure 3).
These underlying combinatorial effects
are impacting businesses and wider
society:
In the agricultural sector, for example,
the combined use of autonomous
vehicles, drones and sensors enables
precision agriculture, improving use of
resources and increasing yields. This is
revolutionising this sector.
In the manufacturing sector, the
implementation of multiple advanced
technologies, such as IoT and AI,
throughout the value chain will improve
responsiveness to demand and enable
the introduction of many value-adding
services, effectively turning product
companies into service companies.
THE COST OF
ADVANCED
TECHNOLOGIES IS
PLUMMETING.
CHANGE AND
PROGRESS ARE
ACCELERATING.
NEW APPLICATIONS
ARE EMERGING AND
THERE ARE ENDLESS
OPPORTUNITIES TO
COMBINE THEM IN
INNOVATIVE WAYS.
Figure 3: Combinatorial effect of technology
Today
COMBINATORIAL
EFFECT OF
TECHNOLOGY
Time
1950 1960 1970 1980 1990 2000 2010 2020 2030
1999: IoT, M2M 1969: ARPANET Server/Host
1964: System/360
1977: PC
1999: Salesforce.com
1997: Big Data
2005:
Web 2.0
1990:
System/390
1991:
Public
Internet
Public Cloud
Mainstream
2014: 4.4 Zettabytes of Data
2010:
Self
Driving
Car
2007: IBM Deep Blue
2008:
iPhone
2006:
AWS
1994:
Amazon
1972: SAP
Main frame Web 1.0. E-Commerce Big Data, Analytics, Visualisation Artificial Intelligence
Client Server and PCs Web 2.0, Cloud , Mobile IoT and Smart Machines Quantum Computing
2010:
Sales of
PC Peak
6