On Wednesday, September 30 the CEO of MTS Allstream, Jay Forbes, took to the stage at the Manitoba Chambers of Commerce breakfast series held at Canad Inns Polo Park. The topic of conversation: emerging digital trends which will impact businesses across Manitoba.
Technology is changing, and so are business operations and tools to get the job done. Jay’s focus at this breakfast was on these main categories:
- Personalization of Business
- The Internet of Things
- Cloud Computing
- Big Data
Your business has likely already made some adjustments in one or more of the above categories to keep better connected with your customers, partners and employees. But with new digital trends around the corner, more changes to business will be on the horizon. So the following stats may convince you to gear up for that next new step.
1. Connectivity is Changing
- In 1995, there were 35 million Internet users and 80 million cell phone users worldwide. In 2014, this exploded to 2.8 billion Internet users and 5.2 billion mobile phone users.
- In 2009, just 18% of Americans were using smartphones. Last year, that figure was 64%.
- In 2008, the average adult American spent 2.7 hours per day consuming some type of digital media on their phone. In 2015, that figure is now 5.6 hours.
2. Personalization of Business
- This is critical when it comes to younger business professionals since 45% of millennials use their personal smartphones for work purposes, as compared to 18% for older generations.
- 41% of millennials are likely to download applications to use for work purposes this year, and pay for them with their own money.
3. The Internet of Things
- By 2020, the amount of Internet-connected ‘things’ will reach 50 billion.
- The future is M2M (machine to machine), where connected devices are programmed to react to what is happening around them and take appropriate actions.
- As for wearables, by 2016 there will be 171 million devices sold. Compare this to just 14 million devices sold in 2011.
4. Cloud Computing
- Throughout the next five years, we expect a 44% annual growth in workloads for cloud computing versus an expected 8.9% growth for “on-premise” computing workloads.
- 82% of cloud-adopting companies have reported that they saved money by moving to the cloud.
5. Big Data
- 90% of all data that exists today has been created in the last 2 years.
- Mobile data consumption alone is expected to grow 60% a year for each of the next 5 years.
- 30% of organizations cite a ‘problematic shortage’ of security skills.
With this huge growth, your company has no doubt been considering how to store, manage and secure its data. Canada is home to 5,300 data centres that can prevent data loss and help save your business money by cutting your IT infrastructure investment. However, 50% of corporate data centres are seven years or older and 40% are entering their second decade.
MTS recently held the grand opening of its new state-of-the-art MTS Data Centres. (See an insider’s tour of the MTS Data Centres). It’s the most advanced commercial data centre in Manitoba and we’re very proud of the achievement, but whichever data centre your business considers make sure it can offer you the below services:
- The right customer service, such as 24/7 technical support. Even if it’s outside regular business hours, you should be able to get help when it matters most.
- Assistance in compliance efforts.
- Eco-friendly operations to encourage sustainable business practices and green initiatives.