5 IT Trends that will shape the next 5 years (Part 1): Data Thinking
Big Data and Cloud are central to pretty much all the technology topics of our time. From Industrial Internet and the Internet of Things to machine learning and deep learning to artificial and business intelligence – and beyond. Seems clear so far, right? To date, however, there have been few answers to the question of how everything will proceed. Answers are now due. It’s time for piecing together the bigger picture, which we will be doing in a small blog post series. Let’s start with Data Thinking.
Data Thinking – because the time has come
A couple of years ago Basefarm‘s German branch The unbelievable Machine Company (short *um) has put the topic of Data Thinking – the term and the understanding – onto the agenda. Over the last years *um has created a comprehensive process management model for innovative data-driven business models, services and applied that to many digital transformation projects. In the meantime digital development has become the number one topic for companies and the holistic positioning of digitalization and datafication is right at the top of the C-level to-do list.
Big Data is no longer seen as merely a topic for data, algorithms and technology. Superseding this rather more technical point of view and approach are business goals and strategic digitalization. It is all about building bridges between business and IT. One main indicator of this change is that more and more companies are installing the new position of CDO – a Chief Data Officer.
Inevitably, therefore, more and more companies are opening up to new approaches and opportunities and – more significantly – a new culture with new leadership. From following fundamentally new patterns for thinking and acting to implementing corresponding processes, routines and skills into the organization. We believe that over the next couple of years Data Thinking will gain ever increasing importance and continue to encompass more and more. AI Thinking, Cloud Thinking etc. will follow. Despite each company having its own specific requirements and goals, and implementing its own digital development, all strategies are based on this one construct: thinking differently, trying things out and consulting new experts.