Guest Post by Stephane Come, CTO, LCS Technologies
At LCS Technologies, Inc., our team just published our, “Top Five Tech Trends to Watch in 2015.” Emphasizing trends that are both Oracle-related, as well as general technology developments, and for both governmental and general business, LCS Technologies’ Top Five trends to watch include:
Increased Integration of Managed Services: More businesses are realizing better profitability, productivity, and sales growth, by concentrating limited IT resources on the business’ core competencies, customers, and business needs. In 2015, LCS projects more companies will adopt outside Managed Services support: from basic monitoring and problem identification, to expert extensions of the businesses own IT Department. Managed Services partners address such issues as routine IT maintenance, upgrades/patches/trouble-shooting, routine IT infrastructure administration, staff training, etc., allowing the business to cost-effectively focus its IT and other administration efforts on higher-value projects. Subcontracting to Managed Services providers can also address key specialist needs; Managed Services partners can provide excellent system or software specialists on an, as needed basis. Find more general information about Managed Services, or a list of qualities to look for in a potential Managed Services Provider.
Application Upgrades: More businesses will upgrade and update their Configurations/Customizations, Extensions, Modifications, Localizations/Internationalization, and Integration (CEMLI) in 2015 – despite previous concerns of potential impacts on existing system customizations. The latest CEMLI analysis tools and services facilitate the reduction of customizations during an upgrade project; and good managed services will reduce the cost and risk of retrofitting customizations that a business decides to utilize or maintain. The latest Oracle Application releases offer the opportunity to leverage new functionality. Decisions to remove customizations during the upgrade project will reduce future Total Cost of Ownership (TCO) through lower costs of maintaining applications in production, lower development costs, and reduced future upgrade costs. As the more common customizations are incorporated into the base product via these upgrades, the need for customizations continues to decrease. For more information regarding Oracle Application Upgrades, explore TechTarget or Oracle‘s websites.
Continued/Increased Use of Cloud Computing: Becoming the most efficient method of managing many computer servers, data storage, and networking, Cloud Computing powers thousands of mobile games, workplace software programs, and advanced research projects – harnessing global networks of millions of computers, by “renting” and using huge amounts of computing power. Citing such benefits as enhanced ease of collaboration, improved analytics access, increased productivity, reduced costs, and accelerated development cycles, U.S. businesses spent more than $13 billion on Cloud Computing and managed hosting services in 2014. According to Forbes Magazine, in 2015, end-user spending on cloud services could be more than $180 billion; and the global market for Cloud equipment will reach $79.1 billion by 2018 (via Forbes Magazine). Visit Business2Community and Betanews for more information and predictions regarding Cloud Computing.
“Democratized” Access to Analytics: Increased availability of Cloud Computing will also intensify the obtainability of data previously siloed by department or functions. Depending upon the business’ ability to aggregate the available data, LCS predicts greater “democratization” of data and analytics, allowing multiple management functions to view, improve, and correct operations across multiple channels. With reduced dependence on IT interpretation, executive leadership will have greater control of – and increased confidence in – corporate strategic planning, execution, and growth, due to better access and understanding of operations data and trends.
Growth & Diversity of “Internet of Things”(IoT): IoT is the interconnection of uniquely recognizable embedded computing devices within the prevailing Internet infrastructure. The IoT is expected to offer advanced connectivity of devices, systems, and services beyond machine-to-machine communications (M2M), and covers a variety of protocols, domains, and applications. The interconnection of these embedded devices (including smart objects), is expected to usher in mechanization of multiple fields, while also enabling advanced applications like a Smart Grid. According to Gartner, Inc., there will be nearly 26 billion devices on the Internet of Things by 2020. For more IoT predictions visit The Motley Fool.
LCS customers count on us to predict, follow, and be in front of, key tech trends and tools. Each year, we study opportunities and movements that will increase or improve operations efficiency and effectiveness. With better information, we can all make more informed decisions and sounder projections. It also allows us to be better strategic planning partners for our friends, customers and community. We encourage anyone wanting to learn more about these and other trends to watch in 2015, to check the LCS website. And to gain further training and knowledge so that you can take advantage of these new technology opportunities, check out The Hacker Lab’s classes and tutorials, or SARTA’s informational resources. If you are a nonprofit organization, check out the Nonprofit Resource Center for ongoing training and resources. Good luck and best wishes for a successful and prosperous 2015!