In today’s digital age, technological advancement is constant. The gradual evolution of existing technologies and, with that, new ways to solve business challenges creates new opportunities for businesses globally, every day. For the channel, making the most of these opportunities is a business’ main form of competitive differentiator and value-add for its customers. Below, Tech Data highlights just some of the trends that will make an impact this year.
Businesses around the world are being transformed by the Internet of Things (IoT). After all, smart devices and systems can enhance staff productively, cut costs and refine business processes, driving new revenue and allowing firms to get closer to their customers.
Christmas is almost upon us and, while Santa and his Elves are busy creating magical Christmases for children around the world, Tech Data has been pulled in to support Santa Corp with a radical new digital transformation project.
Santa Corp has operated in the same way for hundreds of years, with cumbersome processes and legacy equipment making their operations inefficient and not at all viable long-term. Consequently, Tech Data has spent the last 12 months overhauling Santa’s entire journey (from start to finish) to bring the latest in connected technologies to a traditional set-up and ensure Christmas 2018 is his most successful ever!
Due to rapid changes in technology, channel partners can seize the opportunity to grow. However, this does not come without financial burdens. Traditionally, the IT industry has provided credit, but this has now changed, as the conventional financial mechanisms used in the industry are inadequate for those in the channel.
Topics: business culture
As more and more businesses take the plunge and begin their rollout of IoT (Internet of Things) initiatives, IoT devices will become increasingly attractive targets for hackers. For organisations wishing to make the most of this fourth industrial revolution, security must be a priority.
The implementation of the General Data Protection Act (GDPR) this May set out how companies must protect EU citizens’ personal data, stipulating a number of conditions under which data can be kept and imposing strict fines on those that fall foul of these standards.
By Victor Paradell, Vice President, IoT Solutions & Analytics Europe, Tech Data
The Internet of Things is rapidly evolving, re-shaping thousands of industries in fresh and exciting ways. Gartner predicts that 20.4 billion connected devices will be in use globally by 2020 (source: Gartner, 2017).
Topics: Tech Data Cloud Solutions
By Abel Smit, IoT Consulting and Customer Success Director
One thing we’re going to see a lot more of this year is digital twinning, whereby we take a physical asset and create an exact copy in the digital world. With a model that is both digital and dynamic, we can more accurately conduct tests on how a certain asset will perform in the real world across the duration of its lifecycle.
Digital twinning has previously been thought of as a technology reserved exclusively for large-scale projects, an innovative practice used only for very high-value assets. However, we’re starting to see digital twinning become more widely adopted across more industries and sectors than ever before, taking the technology from the aspirational, to the everyday.
The Internet of Things (IoT) is transforming the way we live and work. I’ve even heard it said that organisations who ignore IoT risk going the same way as the dinosaurs! Those leading the market in this field are already innovating in incredible ways to give their organisations a clear and unique advantage over their competitors, displaying the real-world business value of IoT. For those who can effectively leverage IoT, the business potential is enormous; in almost every industry there are processes, functions, products and services that can be transformed by the application of IoT technologies.