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This Week in Consulting

Friday, January 11th, 2019

Tech Trends 2019: Beyond the digital frontier

THIS WEEK’S MUST READ

“A logical and well-designed strategy for change, if not centered around people, is doomed to remain just an elusive goal described by a distant management team.”

It’s that time of year — when the technology news circuit is full of predictions of the next big trends on the horizon.

This Week’s Must Read features an insight piece from Citi, in which five technologies that could have a major impact on financial institutions and their clients in 2019 and beyond were discussed. While many of these five technologies have been discussed for years, all are poised to make major gains in 2019. The time is ripe for enterprises to experiment with them and think about how they might benefit our clients.

Read on to Find out More: “Five Emerging Tech Trends to Watch in 2019 “, featuring Beth Devin, Citi Ventures.


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THIS WEEK’S VIDEO:

CNBC’s Josh Lipton reports on three things to look out for from major players in tech during the next yearCNBC’s Josh Lipton reports on three things to look out for from major players in tech during the next year.

INDUSTRY NEWS & INSIGHTS

  • PwC completes its first stock count audit using drone technology : PwC has piloted the use of a drone for an audit of a client in the energy sector, in a global first for the firm. The unmanned airborne vehicle reduced the amount of time it would take for energy giant RWE to take stock of its coal reserves by more than three hours. | Pwc
  • ‘Capgemini Invent’, a new digital innovation, consulting and transformation global business line: The newly merged Capgemini Invent has combined its Backelite digital design subsidiary with Idean to create a design agency with over 700 professionals in 22 cities globally. The move is hoped to tap into a design market now worth more than $40 billion world-wide. | Michele Moore Duhen, Capgemini
  • Artificial Intelligence will go beyond the hype in 2019: Artificial Intelligence (AI) is one of the most hyped technologies around, touted to disrupt industries and entire ways of working. John Gikopoulos, Global Head of Artificial Intelligence & Automation at Infosys Consulting, reflects on five of the biggest artificial intelligence developments that can be expected this year. | Consultancy.uk
  • Tilney acquires £340m advice arm from Moore Stephens: Investment and financial planning group Tilney has acquired the wealth management business of Moore Stephens. The deal comes after BDO completed its purchase of the rest of Moore Stephens, which did not see the wealth management aspect of the business transfer to Britain’s fifth largest auditing and advisory firm. | Citywire

THOUGHT LEADERSHIP

  • Tech Trends 2019: Beyond the digital frontier-Deloitte’s 10th annual Tech Trends report identifies digital trends that are likely to disrupt businesses in the next 18-24 months, including advanced networking, intelligent interfaces, serverless computing and more. These trends are part of a larger convergence of powerful forces that are driving disruption across industries.  | Bill Briggs, Scott Buchholz, Deloitte
  • Hybrid Consulting: Harmonizing Technology for the Future-In today’s ever evolving tech-centric business environment, specialties are merging and the lines are blurring across strategy and technology disciplines. Consulting firms are evolving into hybrids with core competencies of connecting, building a bridge or harmonizing skill-sets like a symphony unites various instruments. Understanding how things work, how they should be played and how to play them together is the future. | Adam Fridman, Mabbly
  • 2019 Tech Industry Outlook: Entering 2019, innovation and agility are essential ingredients for competitive organizations, and technology companies are poised to respond to these enterprise needs. Enterprises are likely to continue pursuing cloud, AI, blockchain, and other powerful technologies this year, providing varied opportunities for industry growth.  | Deloitte
  • Emerging trends for 2019 : Digital transformation was one of the biggest trends in 2018, and it looks like that will continue in 2019. What’s the evidence to support this? For starters, most organizations project that 50%+ of their revenue will come from digital by 2020, while the World Economic Forum estimated that digital transformation will contribute over $100 trillion in value to businesses and society by 2025.  | AIM Consulting

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