BUSINESS REVIEW AUSTRALIA multi-nationals to join the party . By 2018 Gartner anticipates 25 per cent of large organisations will run their financial applications on the public cloud .
Enterprise-strength cloud solutions are increasing and security fears are waning . Larger companies are hungry for the greater agility and reduced IT complexity that cloud solutions offer . The movement of core applications to the cloud —– among all businesses of all size — is inevitable .
5 . The empowered workforce
Sophisticated software will enable high-wage , high-skilled workers to reduce mundane tasks . According to a McKenzie & Company Report from November 2015 , “ As many as 45 per cent of the activities individuals are paid to perform can be automated by adapting currently demonstrated technologies .”
The report references all employees , from CEOs , financial managers and top managers to frontline employees , the ones who respond to customer ’ s needs .
Increasingly sophisticated software will perform increasingly sophisticated tasks — everything from analysing reports and data to making operating decisions , to preparing staff assignments to reviewing status reports . The result will be more engaged and empowered employees that deliver greater value .
These five trends — user interface , IoT , analytics , cloud and the automated workforce — are at the heart of Digital Transformation . It is essential to understand and harness the power of these trends . Your business depends on it . Erik Tiden is chief technology officer ( CTO ) at Unit4
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