IT is an industry with a history based on innovation, but what does the future hold? This is critical information for the average business consumer to have, because the price of hardware and software can be daunting and installing new IT equipment or upgrading is a considerable investment.

Timing is everything in the world of technology. This can explain buzz products that jump to the top the sales charts, but these basics still win out:

  •      • Security
  •      • Storage and Cloud computing
  •      • Mobile devices

Big data and business analytics are feature considerations, as well. Companies are looking for IT to enhance their business intelligence through big data collection. The data must be specific to the organization and provide valuable insight. Part of this process includes dealing with the legal aspects of big data management. The pressure is on to find applications that yield results while protecting consumer privacy.
At the bottom of the list are futuristic endeavors such as rapid prototyping and 3D printing, as well as wearable technology.

Money is part of what dictates the direction IT will go in the future. Research done by Deloitte indicates that CIOs have a limited budget for IT projects. They are focusing on what matters the most and letting the trendy stuff wait.

Only a few of the emerging tech products are getting attention. In the next two years, you can expect to see more speech recognition and in-memory analytic products. In five years, 3D scanners, NFC and cloud computing will move to the front.

So, where does this indicate IT is heading over the next decade? Experts say there are three classifications to keep in mind.

  •      • Small – Small, low-power devices – some possibly wearable
  •      • Big – As in big data collection, companies are looking to get an edge with metrics
           and analytic products
  •      • Natural – Incorporating computing into every day tasks. The goal is to blend
           computing technology in a smart way. Smart technology means taking the basic
           and making it more high tech and easier to use.

People are staying on the job longer and pushing off retirement as long a possible, as well. That means workplace technology must be friendly for both young, new hires right out of college and the veterans of the company. New products should be easy to mainstream and offer value, so CIOs can find ways to incorporate technology with human power to create an efficient balance.