So-called ‘next generation’ technologies have been impacting the business world for a number of years now. We take a look at the state of play in this snapshot infographic.
The Future Just Arrived… and you’ll be Wearing it on Your Feet
In one of the most iconic moments in modern cinema, Marty McFly, played by the legendary Michael J. Fox, in Back to the Future 2, squats to adjust a pair of Nike trainers he’s procured from the imagined 2015 he finds himself in.
Delighting audiences at the time the trainers self-adjust and the Nike logo is displayed, moving on an LED strip which runs across the tongue. It took 26 years but in the Spring of 2016 Nike revealed the Nike Mag, a self-adjusting trainer replete with glowing LED branding.
How The ‘Dark Web’ Is Pushing the Need for Greater Automation
Automation is quickly becoming the order of the day in the world of business and it’s not difficult to see why.
Communication is streamlined in a most pleasing fashion, accountability is regimented, manual errors are all but done away with and the process of keeping tabs on all areas of commercial activity is made drastically easier. That being said, it isn’t being used everywhere and in those places it is not being utilised a sinister entity is taking advantage; The Dark Web.
To say the growth of the internet has been (and continues to be) exponential is not to say anything new, but as we motor through the second decade of the 21st century it is worthwhile stopping to take stock of just how connected we, as a people, now are.
If you’ve spent the past couple of weeks backpacking around Patagonia or ice diving in the South Pole you could be forgiven for thinking you’ve returned to some kind of zombie apocalypse as you dodge single-minded hordes staring wild-eyed into their phones and moving as a herd to specific locations.
Rest assured though that it is not human entrails they seek but rather tiny, little Japanese anime monsters, suspended in augmented reality, called Pokémon.
The contactless payment system which has revolutionised London’s transport network is to be rolled out in cities the world over.
Gamification. It sounds like a made-up word; the truth is that it is.
But don’t be fooled into thinking that a word celebrating only its fourteenth birthday this year isn’t starting to carry some serious clout in the world of business. “But what does it mean?!” you snarl at your computer screen. Well the truth is that definitions vary somewhat depending on who you ask but in this piece we are going to concentrate on those definitions most widely accepted.
Mobile is everything. Prepare to be assimilated, monitored and connected wirelessly and at high speed.
Having returned from Barcelona, the three key themes of this year’s Mobile World Congress appeared to be virtual reality (VR), the Internet of Things (IoT) and 5G. As well as the amazing number of Chinese and French (yes) smartphone manufacturers.
No self-respecting stand was without one or more VR headsets. Leading the charge: Samsung’s huge day one launch, and people queuing to take in the experience on SK Telecom’s yellow submarine adventure, or practice their downhill skiing with the GSMA. The link? The increasing power of smartphones to provide a fully immersive environment, especially for gaming.
IoT also appeared everywhere, with Nokia, Intel, GSMA and others promoting the opportunities associated with connecting things to the Internet – though the non-machine-to-machine use cases and the commercial models all seem tenuous at present. Having said that the LoRa Alliance recognises the need to standardise inter-operability for low-power devices if this market is to take off.
The live demos of pre-standard “Narrowband-IoT” Low Power Wide Area (LPWA) networks using long range, low bandwidth (sub 384kbps) Extended Coverage GPRS and separately LTE were impressive. And Vodafone Spain is already trialing connected water meters with coverage even possible underground
And from low speed to high speed 5G and the next “big thing”, many stands were making the pitch for the benefits of high-speed, low latency, bandwidth able to inter-operate with Wi-Fi for enhanced coverage and throughput. Though one wonders how the industry will deliver the necessary backhaul cost effectively.
Mind you we’re going to need this bandwidth once we’re all assimilated by VR.
Manchester in the 19th Century, picture the scene. You are fortunate enough to be able to travel by train, so arrive at the station to buy your ticket. You complete your purchase and are handed a piece of paper (or card) that verifies your travel details.
Manchester, the 21st Century. You need to travel by train, however, the operator you are traveling with doesn’t yet offer mobile ticketing, so you head to the ticket office to buy your ticket. This is commonplace for the majority of the journeys you choose to make.
Switch travel method from train to bus, and still, little has happened. Almost 150 years separate the scenarios, and despite much happening with advent of modern technology, little appears to have changed.
However, the experience is set to be transformed.
We are on the cusp of seeing some of the most progressive changes in the transport sector that will close this centuries old gap, and bring a next generation to our experience of travel.
We’re not talking Marty McFly and hover boards or James T Kirk and teleporters. We’re talking cashless, contactless, ticketless transit.
Over recent years, Transport for London has embraced the concept of “contactless” and over the past two years the paper ticket has been visibly on the decline, as has the wildly revered Oyster card.
With Transport for London responsible for 11% of all contactless transactions in the UK, there is a clear appetite for cashless travel and visitors to the capital are clearly fans.
The advent of contactless payment and the inherent trust that is growing in simply tapping and paying, means the transport sector is now preparing for its own revolution.
A collaborative project involving the UK Cards Association, the main bus operators, and the Rail Delivery Group (which represents Network Rail and rail operators), is looking at taking the well-known system now famous across the Transport for London network (overground, underground, buses, boats, cable cars and bikes), and creating a blue-print for the revolution of public transport across the country.
In essence your contactless card (or maybe even payment enabled mobile device) plays the role of ticket and payment method. No ticket necessary, just the data link between your attributes, your bank account and your journey.
But what are the implications for all of the associations of travel? Does it spell the death knell for the supporting cast of station stores and eateries? We think not.
The behavioural change of trust and usage of contactless will prompt further growth. And with a halo effect that promotes travelling without cash, barriers are removed and the end-to-end travel experience far slicker.
Transport, particularly public transport, is very rarely recognised for its innovation. However, with both public and private sector gunning for a ticketing revolution, the prospect of jumping on a bus at John O’Groats and hopping off a train at Lands End with nothing but a piece of plastic as your travel companion, is not as far removed as you might think.
This is, after all, the 21st Century
Recent industry chatter has once again raised the topic of owning the customer relationship Vs owning the infrastructure that sits behind the service.
I am of course referring to Apple. Sources close to the organisation say the company is privately trialing an MVNO service in the US, in addition to being in talks with telecoms companies in Europe about bringing the service there too.