April 23, 2012

Technology Trends for 2012

I was thinking of writing this post for quite some time. But, @twitter has made me lazy. However, I have finally taken out time to summarize some technology trends that I see emerging and strengthening in 2012.

  • Mainstream adoption of mobile web – It seems mobile web is finally here. The tablets has fueled the growth and has also increased the horizon of mobile web from essential info search to default information consumption device, which opens doors for a lot of interesting innovation in days to come. With tablets overtaking the production of laptops and desktops in number, this trend is set to grow.

    We, at Indus Net Technologies has adopted a mandate that we will design sites for tablets and then make sure that it renders well on laptop / desktop resolutions.

  • Mobile Transactions – With mobile payment infrastructure, regulations been put together and advent of NFC, mobile payment (or wallet) is a reality. It is however to be seen, who vests the power – the network providers, device manufacturers or the app developers. The collaborative competition will be interesting to watch.

    It shall also gradually replace visiting cards and catalogs / brochures. I have increasingly felt less anxious when I meet people without my visiting card in my pocket. I know, we can connect through mobile (will become easier with NFC / Bump) and social networks.

  • The OS / browser war is ON – With Android (from Google), WinMobile (from Microsoft) and iOS (from Apple), the old OS and Browser war is back. This time it is not separate – it is integrated, as web has emerged as the new platform.
  • Interactivity is changing – Interactivity has moved on from keyboard to mouse to touch (the last one literally turned around Apple's fortune). And now it is set to move into the domain of voice and gesture. Innovators are working hard to make them mainstream.
  • Convergence – Though, there has been talks about convergence for quite some time, but it will be visible in consumer use this year. TV, Internet and Mobile will finally blur with the advent of Smart TV, Android PC and Android based tablets / mobiles. All these can run same apps, which will bring in integrated functionality and give us access to content and functions irrespective of the medium.

    This will have path-breaking impact in the verticals of entertainment, education, home automation, productivity, etc.

  • Cloud (IaaS, SaaS and PaaS) becomes mainstream – IaaS, SaaS and PaaS is rapidly becoming mainstream. Though IaaS seems to remain under the reign of the big boys, SaaS will remain a favorite for technology start-ups! However, this year will see the growing popularity of PaaS, which provides a middle path to the enterprises who are averse to adapt SaaS.

    This paves the way for wide adoption and growth of XML based 4GL and 5GL languages. From application development perspective, does it mean the end of the tedious coding cycles, which has fueled the growth of offshore outsourcing industry so far? Only time will tell.

  • Social media gets mainstream – From the fancy muse of technology enthusiasts, social media is set to become mainstream. The rising concern among the political circles about the freedom of speech due to the social networks like Facebook and Twitter is a clear indication that they have proven their importance.

    The multimedia part of the social media will continue to evolve and improving intuitiveness of interaction will bring more users contribute / consume content. If my 18 month old daughter can hook on to Youtube for her favorite video, there is no reason why 70 year olds (most of those who found it difficult to adopt to technology, as they had to learn it) cannot.

  • Video will emerge as the most popular and common content / media for mass communication replacing text and images as we have on most websites. It stimulates all senses and gets the message across quickly and precisely. In a world with such low attention span, who has got the time to patiently read a 1000 word brief of how a new gadget works or how Company A is changing the world.
Whats the next big thing? It may not happen right now, but they are not very far either:
  • The idea is to reduce improve the signal vs. noise ratio. Something that will allow us to focus on the essential and stay away from the bloat in the age of information overload. There seems to be several attempts, but no product seems to be the "winner" yet. This may be a little far away, but "objectiveness" will become a more and more desired skill.
  • After network of sites (Google) and network of people (Facebook), it will be time for network of objects. Technology / platform to leverage the same and get the most of it, thrusting us in the machine age is not far away.

    Several companies are already working on prototypes and proof of concepts and it is not far before innovators will start putting business models around them. Technology is already available – it is about making it easy to use and show the best possible use of the network of objects, so that it becomes a "need" for masses from a "aspiration" or "sci-fiction"

  • On a sad footnote, the print publishing industry has been pushed to brink at a faster pace than they (or even I) expected. Try to reflect on yourself – do you really find it difficult to stay away from newspaper. If you have not tried, its worth giving a try.

Beyond doubt, the rate of change in technology is accelerating at a pace that is unprecedented. It will be exciting to see how this post / trend spotting matches with the real result in a years time.

It was summarized by a statement made by a friend of mine who is in corporate debt finance -

"I have to work harder, I have to keep reviewing the companies and their state every couple of months now. Gone are the days when companies used to take 10 years to be built and same amount of time to be killed due to mismanagement. 10 years has shrunk to 10 months, if not less"

Filed under Business Strategy, Entrepreneurship, Personal, Technology by

  • Partha Dutta

    Well ..you have missed a real big opportunity - Commercialization of "Big Data". 2011 was the year for identifying opportunities with Big Data and 2012 will be the roll out of big data implementations.

  • indusnet

    Hi Partha,

    Good point. However, the reason I did not mention Big Data is that I feel it will take more than one year for it to get the level of traction to make it mainstream. I also do not feel that it can have the same level of impact that "reducing information load" and "network of things" will have in future evolution.

    I may be wrong, but this is how I see things.

    But thank you for contributing a new perspective.

  • Amit G

    As an extension of the Big Data point, DaaS will (or may, perhaps!) gain momentum. Combined with it, the focus on Big Data Analytics (not just OLAP, but advanced and predictive too) is coming up big time. Most companies are devoting resources/infrastructure to build teams to cater to areas like Customer Analytics, Marketing Analytics, Service Analytics, etc. 

  • Vikash

    Good one Abhishek!!!

  • http://twitter.com/Webcurd Webcurd

    Very correctly pointed out Abhishek Sir …..!!!

  • http://www.solidradicle.com/ Ganeshan Nadarajan

    The blog is interesting. Thanx for sharing.

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