We estimate that 70 percent of companies will employ hybrid or multicloud management technologies, tools, and processes. At the same time, 5G will deliver network speeds that are about ten times faster than current speeds on 4G LTE networks, with expectations of speeds that are up to 100 times faster with 40 times faster latency.
By 2024, more than 50 percent of user touches will be augmented by AI-driven speech, written word, or computer-vision algorithms, while global data creation is projected to grow to more than 180 zettabytes by 2025, up from 64.2 zettabytes in 2020.
These technologies promise access to virtually unlimited compute power and massive data sets, as well as a huge leap in bandwidth at low cost, making it cheaper and easier to test, launch, and scale innovations quickly.
The resulting acceleration in innovation will mean that companies can expect more disruptions from more sources. Centralized strategic and innovation functions cannot hope to keep pace on their own.
Companies will need to be much more involved in networks outside their organizations to spot, invest in, and even acquire promising opportunities.