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2017 Enterprise Tech Trends That Provide a Quicker ROI

At the beginning of the year, we took at look at anticipating what enterprise tech trends would be for 2017. Now that we’re getting closer to the end of the year, we thought we’d take another look. If we were to focus just on the trends based on volume of articles, here are some common trends that you can read about, almost daily, from a wide variety of sources:

  1. Augmented reality (AR): with the potential to reach audiences virtually, businesses can interact with potential clients, employees, or partners in a new and exciting way.
  2. Machine Learning (ML): Big Data and information overload are serious concepts that Machine Learning can address. With a system that can learn continuously, there are both benefits and drawbacks to Machine Learning depending on your business model.

 

 

Interest over time

 

 

The problem is, this is not the way companies work. The returns for many of these trends will come 5 or even 10 years down the road. We work with businesses all over the world and few companies have the resources to invest in a technology in the early stages of market adoption.

If you’re looking at trends that will provide a return on investment between now and the end of the year, here are a few enterprise tech trends we’ve seen that are transforming the workplace in 2017:

  1. Data Viz: this one is an old trend that continues to impress. Being able to visualize what is going on with the data often helps to show a story in the data. A graph or chart also helps to add variety to a written description or speech, capturing the attention of the reader or listener.
  2. Natural Language Generation (NLG): As an example of a conversational systems, NLG technology helps turn data into written understanding. Some NLG systems on the market can even provide prescriptive analytics, which can give actionable next steps to the user, helping them use the information quickly and accurately. Staying on top of trends is important, not only to be informed, but to make sure the business can evolve with the current times. However, it’s equally important to remember that some of the trends aren’t feasible for most businesses at the moment. Just because it’s a hot topic, doesn’t mean that it’s going to improve your bottom line within the short-term.

 

Staying on top of trends is important, not only to be informed, but to make sure the business can evolve with the current times. However, it’s equally important to remember that some of the trends aren’t feasible for most businesses at the moment. Just because it’s a hot topic, doesn’t mean that it’s going to improve your bottom line within the short-term.

Learn more about prescriptive analytics in this free e-book.