Gartner's 10 Predictions for 2020 and Beyond
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Posted by Harry E Fowler
- Last updated 1/31/20
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Gartner recently released a list of strategic predictions for 2020 and beyond, and it covered topics like artificial intelligence (AI), blockchain, digital innovation, and more.
Technologies ranging from AI to cryptocurrency to online shopping are changing how we live and what it means to be human. It is up to CIOs and IT leaders to help their organizations adapt to this changing world.
In Japan, one restaurant is exploring artificial intelligence (AI) robotics technology to enable paralyzed employees to remotely pilot robotic waiters. JPMorgan Chase, Microsoft, and Ford are hosting virtual career fairs tailored to the needs of neurodiverse candidates. Enterprise Rent-A-Car integrated braille-reader technology into its reservations system for blind employees.
Using AI to increase accessibility at work is one of the Gartner Top 10 strategic predictions for 2020 and beyond. The predictions examine how technology is changing the definition of what it means to be human, and IT leaders must be prepared to adapt in a changing environment.
“As the digital age progresses, assumptions around the fixed nature of ‘what’ humans are is beginning to be challenged. Technology, and its applications, are poised to affect every aspect of what we call humanity and the conditions in which humans must live.”
-Daryl Plummer, Distinguished VP Analyst, & Gartner Fellow at Gartner IT Symposium/Xpo 2019 in Orlando, Florida
Gartner Top 10 Strategic Predictions for 2020 and Beyond
BYOD Becomes BYOE
Through 2023, Gartner predicts that 30 percent of IT organizations will extend BYOD policies with “bring your own enhancement” (BYOE) to address augmented humans in the workforce. For IT, the temptation to assert control might increase as human augmentation technology becomes more prevalent, but the business opportunity lies in exploiting increased interest in BYOE. Currently, industries like automotive and mining are using wearables to increase worker safety, while travel and healthcare are using wearables to increase productivity. As these technologies evolve, organizations will begin to consider how physical augmentation can be leveraged in personal and professional lives. Balance security with the organizational benefits of BYOE.
AI Increases Accessibility
By 2023, Gartner predicts that the number of people with disabilities employed will triple due to AI and emerging technologies reducing barriers to access. In the U.S., only 30 percent of labor force participants with disabilities are employed. This represents a huge untapped talent pool during a time when hiring managers are warning about the availability of talent and its effect on the future of organizations.
Necessary changes will range from the cultural (i.e., removing the term “stand-up” meeting) to the technical (i.e., adjusting legacy systems to be more accessible.) Organizations that actively employ people with disabilities experience 89 percent higher retention rates, a 72 percent increase in employee productivity, and a 29 percent increase in profitability. Plus, added diversity means added perspectives. Employees with disabilities bring a new lens to product development, increasing the potential for a product that appeals to a new client base.
Online Shopping: An Addiction
By 2024, Gartner predicts that the World Health Organization will identify online shopping as an addictive disorder as millions abuse digital commerce and encounter financial stress.
With the increasing availability of consumer data, marketers are able to pinpoint exactly which consumer will buy their product and at what point in the buyer journey. As technology grows more sophisticated, marketers will be able to more accurately predict what consumers want, how to price products and where to position them.
But this comes at a price. As consumers purchase more products they don’t need and can’t afford, businesses will need to take responsibility to warn potential buyers, similar to how U.S. casinos must promote responsible gambling. Businesses may also see increased pressure by governments and consumer groups to take responsibility for exploitative or irresponsible practices.
AI Emotions Drive Ads
By 2024, Gartner predicts that AI identification of emotions will influence more than half of the online advertisements you see. With the increasing popularity of sensors that track biometrics and the evolution of artificial emotional intelligence, businesses will be able to detect consumer emotions and use this knowledge to increase sales. Along with environmental and behavior indicators, biometrics enable a deeper level of hyper-personalization. Brands should be transparent and educate consumers about how their data is being collected and used.
Internet of Behavior Links People and Actions
By 2023, Gartner predicts that individual activities will be tracked digitally by an “Internet of Behavior” to influence benefit and service eligibility for 40 percent of people worldwide.
The Internet of Behavior (IoB) will be used to link a person digitally to their actions. For example, linking your image as documented by facial recognition with an activity such as purchasing a train ticket can be tracked digitally.
IoB will also be used to encourage or discourage a particular set of behaviors. For example, Allstate’s Drivewise and State Farm’s HiRoad programs track driver behavior in exchange for higher (i.e. speeding, unsafe driving) or lower (i.e. safe driving, reasonable speed). However, concerns exist around the ethical implications of expanding this technology to reward or punish certain behaviors with access to social services such as schools or assisted housing.
Workers Orchestrate Business Applications
By 2023, Gartner predicts that 40 percent of professional workers will orchestrate their business application experiences and capabilities like they do their music streaming services. Historically, organizations have offered employees a “one-size-fits-all” application solution. Regardless of job description or needs, each employee operated within the same business application. Employees fit their job to the application — sometimes to the detriment of their own job. In the future, business units or central IT will receive capabilities in building block form, enabling them to create individual “playlists” of applications customized to specific employee needs and jobs. Gartner recently named Oracle EPM cloud as an industry leader for cloud financial planning and analysis solutions.
Mobile Cryptocurrency Increase
By 2025, Gartner predicts that 50 percent of people with a smartphone but without a bank account will use a mobile-accessible cryptocurrency account. As marketplaces and social media platforms begin supporting cryptocurrency payments, much of the world will shift to mobile-accessible cryptocurrency accounts; Africa is expected to have the highest growth rates. These cryptocurrency accounts will also drive e-commerce as trading partners emerge in areas previously unable to access capital markets.
Blockchain Authenticates Content
By 2023, Gartner predicts that up to 30 percent of world news and video content will be authenticated as real by blockchain, countering deep fake technology. Although fake news has existed for centuries, social media bots have rapidly accelerated the rate at which this deliberate disinformation can be spread. In addition to traditional news stories, technology is being used to create convincing fake audio and video. However, organizations and governments are now turning to technology to help counter fake news, for example, by using blockchain technology to authenticate news photographs and videos, as the technology creates an immutable and shared record of content that ideally is viewable to consumers.
G7 Establishes AI Oversight
By 2023, Gartner predicts that a self-regulating association for oversight of AI and machine learning designers will be established in at least four of the G7 countries. AI technology is vulnerable to implicit and explicit bias, logic gaps and general algorithm complexities. At scale, these biases can affect entire groups of people and, depending on the AI’s purpose, the impact can be severe. Regulating AI is challenging, but industries will need to create standardization around development and certifications, as well as a set of professional standards for ethical AI usage.
Digital Innovation Timelines Double
Through 2021, Gartner predicts that digital transformation initiatives will take large traditional enterprises, on average, twice as long and cost twice as much as anticipated. Large organizations will struggle with digital innovation as they recognize the challenges of technology modernization and the costs of simplifying operational interdependence. Smaller, more agile organizations, by contrast, will have an opportunity to be first to market as larger organizations exhibit lackluster immediate benefits.
To learn more about Gartner’s top strategic predictions for 2020 and beyond, check out the additional resources attached below.
Additional Resources
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