Revolutionary. This one
word aptly captures the era we are in. Indeed, we are at the cusp
of a silent revolution. As big data takes the center stage, impacting
the way we live, work and play - humanity is grappling with the biggest
existential crisis ever, marooned by huge volume, variety and velocity of the
information in a hyper connected world.
Add to that, each moment
we are getting rocked by disruptive innovations. Businesses across sectors are
struggling to embrace this paradigm shift. Boundaries between the industries
are blurring as technology turns ubiquitous, demolishing silos.
Integration is the name of
the game in the new normal as the massive networks of devices, sensors and the
connected devices are reshaping our planet. This is significant as research
reports estimate that by 2017, the Internet of Things market will reach $7.3
trillion.
Some analysts predict by
2020, the world will have about 25 to 75 billion connected devices. While
this presents a tremendous opportunity for economic growth and innovation, much
depends on how enterprises sail smart through the lanes of disruptive
innovation.
Interestingly, cities are
emerging as the epicentre of this innovation era. The momentum of these smart
cities is propelled by the art and science of the data driven corporate real
estate.
At the heart of this lies
sustainable buildings, alive and kicking infusing life into the skylines,
breathing data, offering next generation services, reducing carbon footprint,
improving the quality of life, and making the world better.
To succeed and thrive in
the above context, it’s imperative for the C-Suite leaders to harness the right
business intelligence from all types of
data from people, processes and technologies, flowing through an organization.
They must tap the big data, and discover actionable insights that
help them make smarter decisions,
There is little
alternative to putting the structured and unstructured data into context
and analyzing the real time insights through right integration and
right governance. However, cost-effectively managing the data, gleaning
timely insights – and reaping the desired business outcomes is not easy. And,
this is where a trusted adviser can help transform the business -
“data scientists” who know how to manage whispering cities.
The good news is forward
thinking leaders across the globe are collaborating with these experts who use
sophisticated predictive analytics to deliver enterprise wide visibility and
deeper insights into every decision, every business process and every system of
engagement to drive better business outcomes.
Make no mistakes. Indeed,
how smarter and faster we embrace the data driven decision making that really
matters for our lives, clients, business and society will shape the future of
humanity.
The question is - are we
‘ready’ to transform our cities into a hub of innovation? Are we ready to
deliver next-generation, greener, citizen-centric, professional services
for building a sustainable world?
The answer lies in
collaboration, integration and continual innovation. Yes, together, we can...
The Blogger is Kiran Kumar Yellupula: The views expressed here are purely personal. Please share your feedback at mediavalue@yahoo.com
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