Coming in 2017?

Happy New Year. May it be your best year yet! The pundits certainly think it will be a positive year based on their views from December 2016, after months of ambivalence and despite the many geopolitical uncertainties that exist today. Find out how to get ahead of the crowd with the forecasts that our robot Athena’s has found regarding what this year could bring by way of opportunity or threat.
What is changing?

Blockchain

  • 2017 will be the year of early stage or small production blockchain deployments.
  • 2017 will be the year the blockchain goes mainstream and starts to take over markets of all shapes and sizes.
  • The combined market cap of Bitcoin and Ethereum will still be extremely small in 2017.
  • Private blockchains will continue to evolve in 2017.

Banking

  • 2017 will be the year of the digital-direct effort by banks.
  • 2017 will be the year of mobile payments.
  • India will demonstrate leadership in green finance as it starts up its first green bank and begins to support local banking options through unique public-private mechanisms.
  • In 2017, non-bank competition will begin to be both authorized and regulated.
  • Most analysts expect the U.S. currency to strengthen in 2017.

Transportation

  • The privatization of public transportation will continue to creep across America in the new year.
  • In 2017, Uber will look to sink its tentacles further into cities by partnering with cash-strapped local governments to supplement public transit like trains and buses.

Technology

  • Internet users will cross 500 million either by the end of the year or in 2017.
  • Global spending on cybersecurity products and services are predicted to exceed $1 trillion over the next five years.
  • 2017 is going to be the year that brings end-to-end seamless communications and connections of consumers.
  • Computing in 2017 and for the next 10 years will be defined by advances in mobility and AI.
  • However, 2017 will not be a ground-breaking year for AI.
  • In 2017 expect to see more efforts by social and traditional media to fact-check stories
  • New robots on display at the world’s largest trade show in 2017 will have legs and virtual eyes.
  • In 2017, wearable tech will determine exactly what kinds of impact are most likely to cause concussion.
  • Machine learning will be embedded in applications and services rather than custom-developed because few organisations outside the Global 2000 (or digital online businesses) will have data scientists on their staff.
  • Machine learning will be the biggest disruptor for big data analytics in 2017.
  • Expect to see companies releasing HomeKit-compatible devices next year.
  • Gartner have highlighted that intelligent applications (chatbots, virtual personal assistants etc.) will be one of the top technology trends for 2017.
  • Internet of attack surface will continue to spread in 2017.
  • 2017 will be the year that several gene therapies end up before the Food and Drug Administration.

Energy

  • Over the next two years, India will add 42.6 GW-almost equivalent to its cumulative renewables capacity to date.
  • Expect to see companies releasing HomeKit-compatible devices next year.
  • In 2017, the Chinese market for construction aggregates will witness an impressive Y-o-Y growth of 7.2% over 2016.
  • Worldwide investments in renewables are expected to exceed USD367bn this year and to grow by around +10% yearly until 2017.
  • In 2017 expect to see large companies identify more creative strategies for sourcing renewable energy that go beyond power purchase agreements and direct builds.
  • In 2017 expect to see pay-go solar spread quickly to new regions in Africa and more major investment announcements from providers come down the line.

Governance

  • 2017 will be a year of destiny for the world’s democracies.
  • 2017 will be the year governments begin to consider forming new science, technology, and futurist agencies and organizations to better contend with the rapid change.
  • Saudi Arabia and Iran will continue to avoid direct military engagement in 2017 in favour of proxy conflicts in Syria and Yemen.
  • Jihadist group Islamic State and its affiliates and sympathisers will pose a persistent threat in 2017 in most regions.
  • Prospective shifts in the US’s global posture will be a source of considerable uncertainty in 2017 and beyond.
  • Of most immediate concern to many multinationals is that the incoming US administration will make good on threats to renegotiate US trade relations with China, Mexico and perhaps other countries.
  • A more inflationary US fiscal policy comprised of corporate tax cuts and infrastructure spending could spur growth in 2017.
  • Nationalism, global power vacuums and proxy conflicts will continue to drive geopolitics in 2017.

Business

  • Global growth is forecast to improve modestly, but is likely to remain below the pre-crisis average in 2017 and beyond.
  • Europe and the US will continue to grow reasonably well in 2017.
  • 2017 will see an increase in competition for talent with the rise of the Asian hub.
  • The number of co-working spaces worldwide is expected to increase by 22 percent in 2017.
  • In 2017 live-video will become a key way of engaging employees in company events.
  • In 2017, every advertiser, brand and publisher will need to learn how to thrive in a world where increasingly dominant platforms are reshaping the media landscape.
  • 2017 will mark more decentralization of KM because of the growth of the cloud inside the manufacturing enterprise.
  • Online streaming and e-sports are also significant market opportunities in 2017 and there will be a marked growth in the development of content for VR / AR platforms.
  • Technology M&A could be even bigger in 2017 because of more reasonable start-up evaluations and a growing tendency among major companies to expand their horizons by buying smaller companies outside their traditional lines of business.
  • In 2017 “the new food retailers” like Aldi, Lidl and Amazon GO will continue to steal customers.

HAVE A GOOD YEAR! WE EXPECT TO ENHANCE OUR SERVICE TO YOU DRAMATICALLY THIS YEAR. WATCH THIS SPACE!

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