Coming in 2017?
What is changing?
Blockchain
- 2017 will be the year of early stage or small production blockchain deployments.
- 2017 will be the year the blockchain goes mainstream and starts to take over markets of all shapes and sizes.
- The combined market cap of Bitcoin and Ethereum will still be extremely small in 2017.
- Private blockchains will continue to evolve in 2017.
Banking
- 2017 will be the year of the digital-direct effort by banks.
- 2017 will be the year of mobile payments.
- India will demonstrate leadership in green finance as it starts up its first green bank and begins to support local banking options through unique public-private mechanisms.
- In 2017, non-bank competition will begin to be both authorized and regulated.
- Most analysts expect the U.S. currency to strengthen in 2017.
Transportation
- The privatization of public transportation will continue to creep across America in the new year.
- In 2017, Uber will look to sink its tentacles further into cities by partnering with cash-strapped local governments to supplement public transit like trains and buses.
Technology
- Internet users will cross 500 million either by the end of the year or in 2017.
- Global spending on cybersecurity products and services are predicted to exceed $1 trillion over the next five years.
- 2017 is going to be the year that brings end-to-end seamless communications and connections of consumers.
- Computing in 2017 and for the next 10 years will be defined by advances in mobility and AI.
- However, 2017 will not be a ground-breaking year for AI.
- In 2017 expect to see more efforts by social and traditional media to fact-check stories
- New robots on display at the world's largest trade show in 2017 will have legs and virtual eyes.
- In 2017, wearable tech will determine exactly what kinds of impact are most likely to cause concussion.
- Machine learning will be embedded in applications and services rather than custom-developed because few organisations outside the Global 2000 (or digital online businesses) will have data scientists on their staff.
- Machine learning will be the biggest disruptor for big data analytics in 2017.
- Expect to see companies releasing HomeKit-compatible devices next year.
- Gartner have highlighted that intelligent applications (chatbots, virtual personal assistants etc.) will be one of the top technology trends for 2017.
- Internet of attack surface will continue to spread in 2017.
- 2017 will be the year that several gene therapies end up before the Food and Drug Administration.
Energy
- Over the next two years, India will add 42.6 GW-almost equivalent to its cumulative renewables capacity to date.
- Expect to see companies releasing HomeKit-compatible devices next year.
- In 2017, the Chinese market for construction aggregates will witness an impressive Y-o-Y growth of 7.2% over 2016.
- Worldwide investments in renewables are expected to exceed USD367bn this year and to grow by around +10% yearly until 2017.
- In 2017 expect to see large companies identify more creative strategies for sourcing renewable energy that go beyond power purchase agreements and direct builds.
- In 2017 expect to see pay-go solar spread quickly to new regions in Africa and more major investment announcements from providers come down the line.
Governance
- 2017 will be a year of destiny for the world's democracies.
- 2017 will be the year governments begin to consider forming new science, technology, and futurist agencies and organizations to better contend with the rapid change.
- Saudi Arabia and Iran will continue to avoid direct military engagement in 2017 in favour of proxy conflicts in Syria and Yemen.
- Jihadist group Islamic State and its affiliates and sympathisers will pose a persistent threat in 2017 in most regions.
- Prospective shifts in the US's global posture will be a source of considerable uncertainty in 2017 and beyond.
- Of most immediate concern to many multinationals is that the incoming US administration will make good on threats to renegotiate US trade relations with China, Mexico and perhaps other countries.
- A more inflationary US fiscal policy comprised of corporate tax cuts and infrastructure spending could spur growth in 2017.
- Nationalism, global power vacuums and proxy conflicts will continue to drive geopolitics in 2017.
Business
- Global growth is forecast to improve modestly, but is likely to remain below the pre-crisis average in 2017 and beyond.
- Europe and the US will continue to grow reasonably well in 2017.
- 2017 will see an increase in competition for talent with the rise of the Asian hub.
- The number of co-working spaces worldwide is expected to increase by 22 percent in 2017.
- In 2017 live-video will become a key way of engaging employees in company events.
- In 2017, every advertiser, brand and publisher will need to learn how to thrive in a world where increasingly dominant platforms are reshaping the media landscape.
- 2017 will mark more decentralization of KM because of the growth of the cloud inside the manufacturing enterprise.
- Online streaming and e-sports are also significant market opportunities in 2017 and there will be a marked growth in the development of content for VR / AR platforms.
- Technology M&A could be even bigger in 2017 because of more reasonable start-up evaluations and a growing tendency among major companies to expand their horizons by buying smaller companies outside their traditional lines of business.
- In 2017 "the new food retailers" like Aldi, Lidl and Amazon GO will continue to steal customers.
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