- Topics
- Humans and Machines
- A New Perspective: Document Governance
- The Dramatic Impacts of Document-Driven Business Processes
- The next decade of technology in business
- The future of technology disruption in business
- Businesses to enter a new era of decentralisation
- The CIO and CMO to form dynamic partnership and enable customer-led innovation
- Chief Executives should not be held to ransom by technology
- Businesses unable to keep up with impacts of technological change may disappear by 2020
- Ricoh Process Efficiency Index
- Businesses play a risky game with document security
- Healthcare, education and financial service organisations at risk of document compliance breaches
- Existing business processes across Europe are unnecessarily labour intensive
- Managing the costs of document processes in Europe
- Document processes have far reaching impacts
- The European Union's Digital Agenda
The future of technology disruption in business
An in-depth report by the Economist Intelligence Unit and sponsored by Ricoh, reveals that the need for businesses to change as a result of technology, is largely attributed to; an increase of low cost computing power, storage and bandwidth available via the "cloud. It also recognises that organisations will continue to accumulate increasing volumes of data, from a growing variety of sources at accelerating speeds – with this trend known as “big data”. In addition, the increase of video-based communication, social media and other tools will all become more widespread in business. Interestingly, these technologies already exist and while new technologies are likely to emerge, it will be the new ways that current technologies are applied that will continue to drive radical change to business models.
Carsten Bruhn, Executive Vice President, Ricoh Europe PLC says: “New technologies by themselves won’t necessarily help companies keep up with the changes required to survive and grow. It’s the business processes behind the technology that must be reviewed and optimised to add real business value. At the heart of this change, a business must make sure its processes connect people with information, enable greater collaboration and encourage knowledge sharing. Business leaders need to choose partners that will help them to implement the changes effectively over time. It is no longer viable to implement new technologies simply to benefit from short term efficiency gains.”
Further key findings reveal:
- Few industries will remain unchanged by technology disruption
- For those who can master it, "big data" will become a business of its own
- As transactions are automated and collaboration becomes more virtual, the purpose of physical stores and offices will change
- By 2020, customers are expected to entirely supplant traditional R&D as the primary source of new product and service ideas
- There will be a shift towards decentralised decision making
- The organisation of 2020 will be more transparent than ever before
-
Poll
-
What will drive the biggest changes of your business critical processes?
-