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Technologies Empowering the Smarter Workplace : Innovation, Collaboration and Creativity will ensure better workplaces of the future

  • December 2014
  • 49 pages
  • Frost & Sullivan
Report ID: 2590891

Summary

Table of Contents

Research Scope

As present day business organizations are transforming rapidly, it is becoming increasingly vital to efficiently manage business resources. There is a need for real-time information, remote communication, and collaborative work platforms to operate closely with the various stakeholders in the value chain. Workplaces are undergoing radical transformation with escalating efficiency and productivity requirements. This report is an introduction to the Frost & Sullivan’s SIXMIX framework to achieve smart workplaces. The report also highlights the key technologies and their convergence prospects and envisions the workplaces of the future across sectors.

In brief, this research service provides the following:
•A brief snapshot of smarter workplaces
•Overview of the SIXMIX framework
•Technologies enabling SIXMIX
•Key Industries having maximum impact
•Convergence prospects
•Roadmap of the enabling technologies

Key Findings

The adoption of cyber security solutions is rapidly gaining momentum across sectors. In order to protect important computing systems and confidential information from emerging sophisticated threats, innovative approaches are being developed. Recent trends point to the implementation of advanced technologies, such as machine learning, neural networks, and predictive analytics and this trend is growing steadily.
Enterprises are focusing on improving data processing operations to gain deeper insights to help in decision making. The use of big data analytics, in-memory computing and data visualization is increasing to enable meaningful data handling. The use of external sources of data for additional information gathering is also increasing.
The growth in the adoption of cloud computing is increasing across sectors. With enhancements in cloud security, enterprises are adopting cloud services to increase productivity and control infrastructural expenses. Services, such as Infrastructure-as-a-Service (IaaS), Software-as-a-Service (SaaS), Enterprise Storage-as-a-Service are gaining rapid popularity among SMEs and large corporations.
Industries are gradually realizing the value of machine-to-machine (M2M) communications. This is driving the adoption and development of various Internet-of-Things (IoT) solutions and technologies. Smart devices that interact among themselves are being utilized successfully across sectors, improving monitoring, communication and control. However, standardization of communication technology for secured data transfer is a major hindrance to wide-scale adoption of IoT among enterprises at present.
The transformation to the mobile workforce, following the bring your own anything (BYOX) trend, is being widely accepted by several enterprises. The advancements in smart computing devices, coupled with wireless communication technologies and cloud computing are providing employees the flexibility to work from anywhere using the devices and applications of their choice.

Research Methodology

Step 1: To provide a thorough analysis of each topic, Technical Insights’ analysts perform a review of patents to become familiar with the major developers and commercial participants and their processes.
Step 2: Building on the patent search, the analysts review recent funding deals within the technology domain to get an insight into the activity in the domain from a funding perspective.
Step 3: The analysts then create a detailed questionnaire with content created to address the research objectives of the study, which functions as a guide during the interview process. While the analysts use structured questionnaires to guarantee coverage of all the desired issues, they also conduct interviews in a conversational style. This approach results in a more thorough exchange of views with the respondents, and offers greater insight into the relevant issues than more structured interviews may provide.
Step 4: The analysts conduct primary research with key industry participants, technology developers, investors to obtain the required content. Interviews are completed with sources located throughout the world. Our analysts contact the major commercial participants to find out about the advantages and disadvantages of processes and the drivers and challenges behind technologies and applications. Our analysts talk to the principal developers, researchers, engineers, business developers, analysts, strategic planners, and marketing experts, among other professionals.
Step 5: The project management and research team reviews and analyzes the research data that are gathered and adds its recommendations to the draft of the final study. Having conducted both published studies and custom proprietary research covering many types of new and emerging technology activities as well as worldwide industry analysis, the management and research team adds its perspective and experience to provide an accurate, timely analysis. The analysts then prepare written final research content for each project and sometimes present key findings in analyst briefings to clients.

What do we mean by a Smarter Workplace?

In today’s dynamic business scenario, companies are constantly transforming the way they manage business assets, employees, and their customers. The need for real-time information for faster decision making processes, managing remote employees and individual workers along with distributed value chain vendors and securing the connected open infrastructure of enterprises demands a more intelligent workplace management technique to enable Smarter Workplaces.

Why do we need a Smarter Workplace?

•Digitization of an enterprise is a key aspect in the development of smart workplaces. With the global economic pressure to lower the cost of operations and services and to improve business efficiency to stay competitive in the market, outsourcing and offshoring business activities across the globe, is a common practice.
•However, this effort by the enterprises lacks the technological support that could effectively bridge the gap between business operations and customer demands.
•Until now, the Internet is the only technology which has been strongly leveraged by enterprises to communicate with the world. However, the recent disruption of several technologies together from various domains, such as data management, analytics, social media and mobiles, provides the opportunity for the enterprises to expand its capability from only communication to better understanding of the market demands and its business operations for effective strategy implementation.

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