Accelerated Innovation – Going beyond Conventional Wisdom

Depending on who you read, we are in the fourth or fifth wave of computer technology development.  In 2005, Om Malik and Michael Copeland published The Fifth Wave in Business 2.0 Magazine.  They defined their waves as the eras of mainframe, mid-range, PC, Internet and networked computing. Written six years ago, their premonition preceded smartphones by many years.

In 2009, Forrester Research VP Andrew Bartels cited US Department of Commerce data showing that we are in the fourth wave of technology investment.  Specifically, the four waves are:

  • 1951 – 1976: Mainframe computing
  • 1976 – 1992: PC computing
  • 1992 – 2008: Network computing
  • 2008 – 2016: Accelerated innovation

Each of the waves experiences two phases – innovation and growth followed by refinement and digestion.  The current phase of accelerated innovation is in the innovation and growth phase, coinciding with the global economic recovery cycle.  Bartels substantiates his position by analyzing the US IT investment to GDP ratio CAGR for each phase.  The average ratio for the growth eras is 4% while the average for the refinement eras is -1.13%. (more…)

Launching Enterprise Mobility Services – A Primer for Product Managers

Over the past year, few technology developments have challenged IT staffs more than the mobility wave.  Two years ago it was the social phenomenon.  Now it’s mobile computing.  Virtusa’s BFS business unit has seen a surge in the number of inquiries regarding mobile.  And now, the questions are not about “if”, they are about “how”.  Here is a familiar scenario.

You’re a product manager in a major financial or commercial company and you have just gotten the assignment of launching a mobile version of your product. You’re thrilled but you’re terrified. Your mind is racing. Where do you start? Pour yourself an herb tea or some other relaxing drink, realize that it will not be easy, and start planning. Even the organizations that appear as though they are miles ahead of you have probably only “mobilized” a small subset of their potential offerings. A major bank, for example, may be offering some exciting consumer goodies but, if you knew the mobile product team, they would tell you they have barely scratched the surface. The same bank’s B2B offerings are probably still on the drawing board at best. (more…)

The Fifth Element (Part II) – Short Term Benefits

This post is in continuation of the earlier post on HTML5. Before looking into the day-to-day benefits HTML5 will offer, let’s do a quick sanity check:

  • HTML5 is monolithic, but browsers are not. It is misleading to divide browsers into “Supports Vs Not”.  Instead, individual HTML5 feature support should be evaluated in terms of browsers.
  • HTML5 is fully backward compatible. You can simply upgrade your doctype to HTML5 without changing any underlying code; the page is still valid and will still work. There is no need to panic or to throw away any page! (more…)

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