Category: Futrlabs

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Futrlabs Futureshift ZMOT.ly

Choosing Between a Product-Based Approach and a Project-Based Approach

Are you torn between adopting a product-based approach or a project-based approach? Understanding the key differences between these two approaches can help you make an informed decision. In this blog post, we’ll explore the distinctions in terms of impact, scalability, sustainability, efficiency, and effectiveness. Let’s dive in!

When it comes to achieving goals and driving success, organizations often have to choose between a product-based approach and a project-based approach. Each approach offers its own advantages and considerations. Let’s examine the key differences between the two.

Impact:

The product-based approach is focused on creating a product with a long-term impact. This means that the product, once developed, can provide value to users or customers over an extended period. On the other hand, the project-based approach is centered around achieving specific goals within a limited time frame. The impact of a project-based approach is tied to the successful completion of those goals.

Scalability:

One of the strengths of the product-based approach lies in its scalability. Once a product is developed, it can be sold or used by many people simultaneously, allowing for wider reach and potential growth. Conversely, the impact of a project-based approach is often limited to the specific goals it aims to accomplish. Scaling up the impact requires initiating new projects or initiatives.

Sustainability:

Sustainability refers to the ability to maintain or continue providing value over time. In this regard, the product-based approach shines. A well-designed product can continue to offer benefits, generate revenue, or serve its purpose over an extended period. On the other hand, the impact of a project-based approach typically ends when the project is completed or the goals are achieved.

Efficiency:

Efficiency is a crucial consideration for any organization. The product-based approach can be more efficient in the long run because once the product is developed, it can be utilized repeatedly without significant additional efforts. In contrast, the project-based approach can be more efficient in the short term, focusing on achieving specific goals quickly and moving on to the next project.

Effectiveness:

The product- and project-based approaches can be effective, depending on the context and goals. The product-based approach is effective in achieving long-term goals and creating sustained impact. On the other hand, the project-based approach excels in accomplishing specific, short-term objectives and milestones.

To summarise, the choice between a product-based approach and a project-based approach depends on various factors, such as the nature of the goals, available resources, and the desired timeline. Organizations should carefully evaluate these factors to determine which approach aligns best with their objectives. By understanding the distinctions in impact, scalability, sustainability, efficiency, and effectiveness, you can make an informed decision that drives success.

Keywords: product-based approach, project-based approach, impact, scalability, sustainability, efficiency, effectiveness

Hashtags: #productbasedapproach #projectbasedapproach #impact #scalability #sustainability #efficiency #effectiveness

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3X3Learning Futrlabs Futureshift

Learning Series – Blended Learning Design Models (Part 4)

Blended Learning Design Models

Blended learning design models are learner platform models that describe the design and delivery strategy associated with a particular learning program. Futureshift Learning distills the variety of blended learning models into two basic types: linear learning models and hub learning models, each possessing specific inherent strengths and weaknesses.

Linear Learning

In the linear learning model, participants are required to complete a series of training interventions in a stepped, or lock-step, manner. The example model shown in Figure 1 provides an illustrative view of a linear training program.

With linear learning, a participant is not permitted to move around too much within the program or curricula because most of the learning program’s design is based on a building-block design structure. These types of models are exceptional for certifications, pay-for-skills, or apprenticeship-style programs in which the participant’s progress is carefully tracked, and specific “waypoints” are used as progress checks to validate the participant’s mastery of the knowledge and skill elements.

Linear learning’s weaknesses are that the models tend to take much longer to design and develop, and much longer to complete for the learner. The model’s strengths lie in its structure and stepped process. Also, the building-block style of learning is beneficial because it is comfortable for many learners and allows the learners to achieve satisfactory performance at each step before having to move on to the next level.

Hub Learning

While linear learning provides tremendous structure and direction, hub learning design models give freedom to explore with a variety of choices from which to choose. Hub learning has the core content at its center with a variety of radiating supplemental learning elements available. Figure 2 demonstrates a representative hub learning model.

The learner has the option of selecting only those elements he/she desires (including the choice of selecting none). The mixture of selections varies for each learner dependent upon the preferences and needs of the learner. Hub learning programs are arguably more straightforward and faster to build than linear programs, and they are considerably more flexible and customizable. Hub learning’s greatest weakness is that it is highly dependent upon a self-motivated learner to gain maximum value from the model.

It is challenging to prescribe a single learning solution because of the diversity of the situations. Figure 3 illustrates some pros and cons associated with each model.

One additional factor that cannot be overlooked as you learner engagement. The critical feature is to ensure that the learner can use the training to develop skills and knowledge. The evaluate blended learning approaches is that experiential learning process is not necessarily improved just because learning possesses the highest learner applicability of your organization used high-quality 3D visuals. There is no learning. Numerous studies and professionals agree debate that better graphics add an aesthetic quality to a once a learner can apply learning in a presentation; however, aesthetic quality does not equate to the meaningful and experiential manner, he/she can see better learning. This is a common trap into which many completely learn the materials and successfully apply inexperienced training designers fall prey. Learning is not them.

You might also like – Learning Series – Blended Learning Approaches (Part 3), Learning Series – Why Blended Learning Strategy (Part 2), Learning Series – Crafting a Blended Learning Strategy (Part 1).

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3X3Learning Futrlabs Futureshift

Learning Series – Blended Learning Approaches (Part 3)

Blended Learning Approaches

In our earlier post – Learning Series – Why Blended Learning Strategy (Part 2), we went on to see why Blended Learning and the three primary reasons why blended learning is used.

Dependent upon your definition of blended learning, you can argue that there are as many approaches to blended learning as there are various combinations of all the different media available. What becomes paramount to a winning training strategy is the instructional design strategy and approach. It all starts here, and the decisions that are made here ripple throughout the learning. Poor instructional design choices cannot be covered up by slick programming or outstanding graphics. A poorly designed training session will still be a poorly designed learning event, regardless of how fancy the animations or how sophisticated the delivery. The only difference is how much money is lost in the process.

Futureshift Learning distills blended learning approaches into two major categories: learner-centric and business-centric drivers.

Poor instructional design choices cannot be covered up by slick programming or outstanding graphics. A poorly designed training session will still be a poorly designed learning event regardless of how fancy animations or how sophisticated the delivery. The difference is how much money is flushed away in the process.

Learner-Centric

A learner-centric approach provides considerable upfront instructional design emphasis on the learner and the learner’s conditions of learning; for example, the use of Gagne’s The Five Conditions of Learning, which includes five categories of learning: verbal information, intellectual skills, cognitive strategies, attitudes, and motor skills. Learner centric approaches rely upon sound upfront instructional systems design. The tried and true analyze, design, develop, implement, and evaluate (ADDIE) process starts with analysis and include evaluation throughout its process model. Adherence to these processes ensures that the training created is designed to provide maximum transference to the learner, thereby optimizing the available solutions to the learner.

Business Centric

The intent of a learning event is to transfer knowledge, skills, and/or abilities to a learner. Therefore, you could assume that all approaches are learner centric; however, this is not the case. The core of a business centric approach is the reality of understanding and meeting the business drivers. Learning in and of itself is a great thing, but it is not always a company’s primary mission to educate their workforce. Manufacturing and productivity are requirements that must be met; therefore, the business demand can dictate the design steps and decisions just as readily as a focus on the learner.

Training exists in many forms, and certainly, it depends on the content to determine the need for complexity. For example, if the business driver is to ensure that all employees receive training concerning changes to administrative practice, the training design should be limited to communication. Conversely, should the situation involve the deployment of a brownfield launch, including new manufacturing equipment, the business impact will drive the design decisions, this time with a very robust modality. These two approaches are not necessarily mutually exclusive of one another. With some creative forethought and design, many learning projects handily weave both learner needs and business needs into the final design. In the next post, we will visit the Blended Learning Design Models – Learning Series – Blended Learning Design Models (Part 4).

You can also visit – Learning Series – Crafting a Blended Learning Strategy (Part 1) and Learning Series – Why Blended Learning Strategy (Part 2)

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3X3Learning Futrlabs Futureshift

Learning Series – Why Blended Learning Strategy (Part 2)

In our earlier post-Learning Series – Crafting a Blended Learning Strategy (Part 1), we had an overview of a blended learning strategy. In this post, we are going to go a little deeper into ‘Why/ of a Blended Learning Strategy.

Why Blended Learning?

Blended learning is heavily favored for three primary reasons:

  1. Optimal learning strategies – mixed-media learning approaches have been proven to be the most effective means of learning, especially when you are dealing with large numbers of learners;
  2. Reach and flexibility –blended learning can reach across large areas at any time or (virtually) any place; and
  3. Economics – done right, blended learning is a highly valuable business solution that can be a very good economical investment.

Optimal Learning Strategy

Numerous studies are available in both the commercial and academic fields that clearly demonstrate that the most successful training approaches are those that involve higher interactivity and use more than one modality for learning transfer. Therefore, answering “Why blended learning?” becomes simple; it is the most effective approach for learning.

Be careful though, blended learning still requires sound instructional design in order to be effective. Simply creating a series of different modes of content does not make for excellent learning transfer.

Reach and Flexibility

Traditionally, training was completed by trainers who diligently traveled from site to site ensuring that all personnel was properly trained. Often the cost and time associated with delivery remained a challenge. Adding on large enterprise-wide training rollouts introduced a great deal of variation due to the sheer number of instructors required.

The face-to-face benefits of training are undeniable, but some form of interactive exchange mixed with face-to face training was required. Blended learning neatly fills that niche. Blended learning also offers flexibility. Considering instructor-led sessions, where participants are required to attend at set times, dates, and locations, blended learning offers flexibility in the delivery so that personnel can attend at their convenience.

A word of caution, though—simply setting up webinars as a distance learning solution without first truly understanding the learners and the business need is not a sound decision. Good intentions without well- constructed instructional strategies can still end in poor results.

Economics

Cost will always be a factor in the selection of a training approach. Blended learning requires an investment at the onset of the training. Like most things, you get out of the investment what you put into it. Instructional design steps can appear to be expensive steps that many organizations are tempted to skip. Beware of that slippery slope!

Building an optimized training plan through instructional design is really the only way to go. The old adage “penny wise and pound foolish” comes to mind. Many organizations pursue the false quest of a rapid blended learning solution that skips the details in the planning stages; consequently, the results can be catastrophic. Remember, most companies’ greatest differentiator is their people. Why are organizations in such a hurry to shortchange that competitive edge?

In our next Chapter, we we will talk about Blended Learning Approaches and how you can use them.

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3X3Learning Futrlabs Futureshift

Learning Series – Crafting a Blended Learning Strategy (Part 1)

Like even the most complex decisions, blended learning strategies are rooted in the basics. Upfront instructional design is required for truly meaningful learning. Review your organization’s culture and structure to determine whether a learner centric or business centric approach is best for the design and implementation of learning in your environment. The model can be distilled into one of two types: a linear model or a hub-based model. From this design stage, the next step is to factor in the various types of training media or modes that best suit your training program and its audience. If you can address these main components, you are well on your way to launching some of the best learning tools and techniques.

Overview

Perhaps one of the most difficult aspects associated with today’s blended learning solutions isn’t in the technology or bandwidth; it’s understanding that successful blended learning is firmly rooted in sound instructional design strategies – design strategies that focus on transferring skills and knowledge to the learner while delivering value to the business.

In any competitive business environment where time, resources, and money is the differentiators, your people are your competitive edge. Leveraging the value of your people relies heavily on deploying the right learning solutions and having learning solutions that effectively transfer skills and knowledge to participants in a timely fashion. So what type of learning solution is truly the right solution? As it turns out, the answer is blended learning; however, the media, modes, and makeup of each training solution should be different, depending on a number of variables.
At Futureshift, we base our learning strategies on determining what those variables are and how they will impact the learning process. Before deciding upon training media or modes, Futureshiftrecommends that you assess and investigate your proposed approach. Make sure your targeted training approach can achieve both learning and knowledge transfer expectations and deliver business-tangible and measurable results.

What Is Blended Learning?

Futureshift defines blended learning as the combination of synchronous (e.g., face-to-face training) with asynchronous (e.g., computer-based or alternative media) training that creates the best possible learning solution for a given target audience.

Blended Learning Definition

Blended learning is the combination of synchronous (e.g., face-to-face training) with asynchronous (e.g., computer-based or alternative media) training that creates the best possible learning solution for a given target audience.

Mastering the new instructional avenues that technology continues to provide can result in some of the best learning programs ever made available. Blended learning provides multiple modalities in which participants can explore and learn. Yet for all its attraction, blended learning also can be fraught with many dangers, too, the worst cases involving staggering amounts of money for beautiful and elaborate sessions that are poorly received and ultimately never used or valued. Blended learning isn’t the issue; it’s the decisions made associated with it that may lead to negative experiences. Blended learning is by far the best learning solution available today—as long as we have done due diligence, which we will discuss in our next series of posts.

Next Post – Learning Series – Why Blended Learning Strategy (Part 2)

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BetterBhavishya Futrlabs Futureshift ZMOT.ly

A #BetterFuture with #BetterBhavishya

Better Bhavishya
Better Bhavishya

While this forum is usually used for talking about innovative approaches of ZMOTly, we will share in this post about one of the exciting things we do at Futureshift in the area of social impact.

At Futureshift, we work on creating impact at the intersection of technology and strategy.

This translates into frameworks, innovative products and solutions that solve real issues in the business and social sector. The outcome is about creating a sustainable and lasting impact.

In business scenarios, ZMOTly provides the frameworks for success and Futrlabs offers solutions and products to achieve the delivered outcome.

In the social sector space, a segment that we are passionate about, we have a pillar called Better Bhavishya (better future). We leverage the skills in consulting and global experiences to be a change-maker in our little way.

At #BetterBhavishya, we work in the social sector space leading with ZMOTly impact framework and with products from Futrlabs that can help them achieve their goals faster. They are either continuous long-term partnerships or one-time engagements.

Better Bhavishya’ s works on these four areas – education, healthcare, environment and human rights.

  • As technology partners with an International Human Rights NGO, we helped them on some of their very key projects.
    • An Indian healthcare authority worked on a prototype and delivery mechanism for vaccination alerts that would help them prevent one million deaths and over 950,000 preventable disability each year.
    • Together with the NGO and a government ministry, worked on the prevention of bullying in schools.
    • Together with the human rights organisation, worked on jail reforms to reduce the number of undertrials held illegally in prisons.
  • Engaged with an NGO, funded by one of India’s reputed philanthropic foundation, for improving literacy and numerous is amongst children with low-income parents.
  • With another substantial philanthropic foundation, we developed a project impact assessment framework and helped in some other charitable initiatives.
  • For a not-for-profit working on building a community for parents of autistic children, worked on developing a strategy and reach.
  • At an NGO in Hyderabad, worked on developing a content and delivery framework and roll-out for long-term education for underprivileged children in the Andhra Pradesh and Telangana region.
  • In a village in Tamilnadu, have taken an initiative to convert 500,000 sft of barren land with an agroforest with over 15,000 trees.

Our founder’s prior experience in driving the Unlimited Potential initiative for Microsoft Asia Pacific plays an essential role in recommendations for our clients. The Unlimited Potential initiative was the outcome of Bill Gates vision to enable sustained social and economic opportunity for the following 5 billion people. The strategy was to reach incremental 1 billion people by 2015 by expanding deeper down the economic pyramid in a sustainable fashion by building non-traditional partnerships, breakthrough technologies and business models. The focus was on education, fostering innovation and creating jobs and opportunities through relevance, access and affordability. Bring one of the first employees in Asia-Pacific, driving that initiative has helped significantly in structure and systematising our approach better bhavishya projects at Futureshift.

Currently, we are working on a big idea that can transform hundreds of millions of rural lives by increasing local entrepreneurship opportunities and agriculture productivity. The core philosophy is to create local micro-innovations and income that would bubble up to have access to better education and healthcare opportunities.

This would more almost double the farm output and will dramatically transform the lives of rural India, where 70% of the Indian populations reside. We expect this to be a $1 billion+ social entrepreneurship business by 2022, creating an ecosystem with 10x more economic activity.

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Cloud Futrlabs Futureshift Shoppeazy ZMOT.ly

[Video] Shoppeazy – 90 seconds is all you need to go online.

Enjoy this simple video that summarises an easy way to go online, fast.

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Futrlabs Futureshift Shoppeazy ZMOT.ly

8 Point Checklist before creating your eCommerce Website

Many retailers usually start out by listing on the online marketplaces or e-marketplaces as they are called, such as Amazon, Flipkart, Ebay, Snapdeal, Myntra, Jabong etc. What most vendors don’t realise is that there are many hidden expenses and opportunity costs that could add up to ruin your business.

Instead, if one is willing to invest the time and effort, there are significant benefits of selling through direct channels.

You could build your website from scratch / hire an expert to build your website or buy ready-made templates and customisable platforms. Based on your business needs and technical capabilities you need to select the right system

  1. Technical competency: Can you learn how to build a site from scratch or would you prefer to buy custom built templates? Are you capable and willing to hire additional staff with expertise if required?
  2. Pricing: Is a monthly or a yearly plan better for the different components of the site or platform? Pricing also increases as features provided improve.
  3. Back Office Integration: How does the system fit with your existing back office capabilities? Is there a possibility for smoothening the move or extension of current facilities into online capabilities?
  4. Time available: Not just to understand and set up the best possible option but also to maintain and update the site to keep it running smoothly. If time is critical, are you capable and willing to hire additional staff with expertise to save time?
  5. Support offered: What are the levels and mode of support offered by the different platforms when problems arise? What is the level of responsiveness when help and guidance is required?
  6. Website features: Evaluate the additional features such as the website’s ease of use, security, mobile friendliness, etc as per your expectations and requirements. Keep in mind that basic features offered may be enough for starting out, but evaluate additional options on offer since it is almost a given that these will be required at a later point.
  7. Marketing tools: Tools for SEO, email marketing, CRM and integration with other websites are decisive tools in order to grow your market and brand.
  8. Unique customisations and features needed: Do you have any unusual needs and can the platform cater to your special requests?

Final note

The final decision will definitely depend on your requirements and needs. It will also vary based on the time, money and effort one is willing invest into this venture. Furthermore, you will need to consider long term strategies and evaluate whether the current decisions will leave room to scale the operation based on future necessities.

Remember that no matter what method you choose to go online, you don’t need to be restricted to just one channel. Selling through your own e-commerce store doesn’t mean that you cannot also sell your products through a e-marketplace to reap the benefits of both; Nor are you restricted to listing in only one online marketplace. Many successful retailers, especially the larger ones, prefer to be involved in multiple channels. However, each additional route takes time, money and energy to understand its processes and maintain it. What is important is that you take the time to consider the options available and formulate a strategy that works the best for YOUR requirements.

In my next post, I will look at some of the prominent ecommerce platform options available and rate them according to the measures mentioned here.

#emarketplace #ecommerce #marketing #digitalmarketing #sales #onlinesales #onlineshopping #retailer #tips #amazon #flipkart #snapdeal #myntra #ebay #retail #jabong #koovs

This post was first published on  LinkedIn, by Karina Pais, Consultant with Futureshift on Karina is an MBA graduate from UK and engaged with us a a consultant in digital marketing.

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Cloud Futrlabs

#CloudWars #Verdict – Will Google #Cloud Amazon’s AWS run?

Amazon and Google started out being unlikely competitors.

One started in 1994 by selling books and the other in 1997 by designing a new search engine for the Internet.  In 2002, both realized that they needed to open up their respective systems to developer communities as a technology disrupter, gain traction, and grow fast.

Both gave brick and mortar businesses a run for their money.  Both ended as undisputed leaders and have redefined the industry in their own ways.

Both Google and Amazon broadly attract the same segment of consumers, albeit for different reasons.

They have not looked back ever since.  The Titans are now eyeing domination of the Enterprise segment with cloud based web hosting services and solutions. Amazon has a significant lead here.  What does it take for them to come out as the winner?  Is the threat from Google real?

In continuing our series on technology game-changers, we focus on a summary of differences between the Google Cloud and the Amazon AWS from an end-user and developer perspective.  In an earlier series (*ISMAC) we had discussed the ubiquitous nature of CLOUD infrastructure in current technology solutions.

Cloud Vendors and Hosting Providers are available dime-a-dozen.

Hosting Providers are good enough for simple web site hosting, be it local or regional.  Most hosting providers provide base hardware
infrastructure (either Physical or Virtual Machines) with Linux or Windows Operating System and the corresponding Web(App)server (Apache, Nginx), Database (MySQL), Programming Language Support (PHP, Python, Java) etc.

Cloud Vendors on the other hand provide a whole slew of ready made and integrated software support like Email, Queuing, Messaging, BigData, NoSQL, Storage, Networking, Billing, Logging etc.  These services are all independent, but can be installed and setup to work cohesively with each other.  In this article, we will look at the offerings
of “Google Cloud” and “Amazon AWS”.

 

Google Cloud Console – https://cloud.google.com/

image

Comprises of a separate Compute engine and App engine.  The Compute engine provides the raw hardware and allows the developer to install any tools/technologies they choose.  The App Engine on the other hand, comes pre-built with support for PHP, Python (language
interpreters).  It allows the developers to directly upload their source code and setup the environment. Google Cloud also provides out-of-the-box one-click deployment of numerous tools in the Data Store, Programming, and Source Code Control, Configuration and Build Management and other Front-End, Mid-Tier, and Back-end packages.

Costing is tiered with a free-tier for almost all functionalities including storage and network usage (upload/download).  This approach is
convenient for developers and companies to try out in a smaller scale free before choosing this as a production and scaling platform.

On the other side, setup is slightly non-intuitive for the first-time cloud user. The developer will require a few trials before getting comfortable with
the offerings.

 

Amazon AWS Console – http://aws.amazon.com/

image

The console is organized very intuitively under various categories – Computing Resources, Storage, Content Delivery, Databases, Networking, Administration and Security, Deployment, Analytics, Mobile, Application Services and Enterprise Services.  Within each of these categories, the most common packages are provided in a single-click setup model.  Impressive is the ability to setup your own
Simple Email Service, Simple Queuing Service, and Simple Notification Services (for server-side of mobile apps)

Costing is Free for the first 12 months.  This provides a wonderful way
for developers and companies to test the platform and even use it in a
semi-production model.

AWS has a much bigger ecosystem and therefore has support on the Internet for almost all situations one could ever face.

Verdict

While both the offerings have similar setup and approach, Amazon’s AWS comes out better due to its maturity and developer-friendly tools.  Google Cloud’s free limits are a wonderful idea that could potentially be adopted by AWS.  This allows small companies to move to and continue on AWS (without charge) for their small footprint requirements.  Google Cloud needs a bit of Usability improvements especially for the developer community.

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Analytics Cloud Futrlabs IOT Mobile Social

5 Hot Technology Trends (2/2)

In our earlier post, we wrote about #ISMAC and how it is changing the business ecosystem. In this post we will continue the conversation by understanding the leaders in each of these technology areas. We will also review what each one is doing in that space.

1.    Internet of Things (IOT)

Vendors in this space range from chip manufacturers (Intel, ARM, Texas Instruments), mobile and embedded device vendors (Freescale, Qualcom, Ericsson), Home appliance vendors (GE, Bosch), pure-play software developers (Microsoft, Apple, Google, Facebook), Networking vendors (Cisco) and large system integrators (IBM, Oracle, SAP). The spread is so broad given the multitude of technologies that go into making a device intelligent and automated.  One of the biggest business and technological
challenges in this area is the need for standards at all hardware and software
layers.  Standards are important to
ensure complete hand-shake across device vendors as well as to derive
functionalities at scale. Early-stage research companies will lobby for their
work to become the standard.  This tussle
will continue for a few years until the standards bodies get a grip of the
overall collaborations required.  A potential obstacle from consumer perspective is the pervasiveness of these devices leading to privacy compromises. This will be a larger problem involving social, economic and political ramifications.

2.  Social

Social sector is already close to maturity on the consumer usage perspective.  While there could be finer tweaks, the ability to post 140 character reviews to author elaborate ebooks provides consumers enough to go with.  At the backend, processing of these gazillion bytes of data and deriving meaningful value for businesses is key focus area.  At the current juncture social channels are simply used for consumer and prospect connect beginning with lead generation through to customer service and repeat customers.  Most organizations are working to understand and correlate the various factors that impact the conversion funnel and how best they can take advantage of it themselves.

3.  Mobile

With about 200 Million feature phones and 80 Million smartphones sold in India in 2014, the data cannot be clearer.  Complete ecosystems have formed around mobile exchange of money, ewallet, transaction processing etc.  Nationalized banks are also heavily invested in this direction. Ability to transfer money with the swipe of a finger is practical subject to security considerations. While Social is the biggest application used on mobiles (much more data traffic over voice), other ecommerce and financial transactions are not lagging far behind.  It is critical for business to adopt a mobile-first strategy in through thinking. Minimalistic and Responsive Design as some of the key deliverables in this space.

4.  Analytics

The ability to spot the proverbial needle in the haystack holds promise.  Analytics space continues to be hot with hundreds of new entrants each quarter. Open Source Technology platforms like Hadoop (sponsored under the Apache Project) play a key role in providing real-time and batch analytics. Quick access data stores like NoSql are very prevalent given the
unstructured nature of data.  The need to handle millions of data element inputs per minute has also created a proliferation of queuing technologies that ensure data events are processed without loss. While Analytics is touted as the panacea, this space requires good blend of business acumen combined with computing abilities to derive true
value.

5.  Cloud

Cloud is the most advanced of all the five technologies.  The question is not one of viability any
longer.  Usage of cloud has become so
common place that one cannot imagine otherwise.
All our emails, files, photos, documents, videos, photos, blogs are saved
up there in one of the cloud. Cloud infrastructure vendors have gotten the
entire store, access, retrieve cycle ironed out.  Redundancy of infrastructure and replication mechanisms have evolved so well to completely hide the true complexity away from the end customer.  With companies like Amazon, IBM, Microsoft and others giving out free access to developer’s worldwide, cloud is the only de facto platform to develop applications.  It has also brought some semblance of uniformity of development with standardization of infrastructure stack open source products.

In summary, the five technologies listed above are very real and very NOW.  Businesses should take advantage of these technologies in ways that is most beneficial for them.

Futureshift Consulting [www.futureshift.in] brings you the right combination of business and technology strategy and implementation expertise. Visit us at www.futureshift.in for a sneak preview of our offerings.  Write to us [help@futureshift.com.sg]  or for a quick response..