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Showing posts from July, 2017

#104-Do You Know What Human Takeover Is?

There was a time when apps made us elated. In 2016, people spent 900 BH (billion hours) on apps, and that's 150 BH more than in 2015. The app economy will grow to $6.3 T in 2021, which was $1.3 T in 2016. People depend on apps for a significant number of daily activities, be it booking uber trips or hotel rooms on make my trip (MMT), watching movies on netflix or sending messages to friends on whatsapp, or shopping gifts on amazon. The app economy grew fast and is still growing fast. But, there is something that is growing even faster than apps did ... and that's bot economy . The central concept of bot ecosystem is automation. Suppose, in your office you and your colleagues use a messaging platform's chat room where the team discusses the progress of ongoing projects. The team lead is the admin of the chat room. Every time the top management sends a recommendation, you are tasked to discuss the recommendation with the team. So, every time you receive a recommendation ma...

#103-Does Your Company Have a Futurist?

The global tech market is expected to grow at 3-4% in 2017-18, according to Forrester Research, Inc. The report prominently mentions the ongoing battle between the forces of disruption and the forces of continuity. Let's understand that in depth. Disruptive forces are those that take us forward by creating positive disruptions. Continuing forces are those that take us forward by maintaining "status quo". You might ask, how can status quo be good at the present transient world where tomorrow starts the day before yesterday? The answer is simple. An organization cannot operate smoothly if it's IT systems are constantly getting upgraded. That is the reason why Windows XP is still running in 95% ATMs of the world, despite the fact the Microsoft ended support for the operating system on April 8, 2014 . Now, an organization also cannot operate smoothly if it is running IT systems that are old and vulnerable. This puts every organization in a situation where they must bal...