- AI is here to stay (6 out of the 15 emerging jobs are related to AI in some way).
- Basic business operational functions are on an upsurge.
- Soft skills – oral communication, leadership and time management – account for the largest skills gap.
Like other industries, the consulting industry is being disrupted in many ways. With the rise of artificial intelligence, machine learning, blockchain and advanced analytics, consultants may find themselves working closely with artificially intelligent systems that can analyze huge volumes of data that are incomprehensible to the human mind. Learn more about how data analytics are changing the consulting industry – and what is perhaps the most important consulting skill going into the 2020s.
Because Croixstone agrees with experts that blockchain has the potential to “change the world” (think of it as the “Internet of Value or of Money”), we believe in the value of repeatedly spotlighting this technology. The Enterprisers Project (a community of CIOs who discuss the future of business and IT) recently shared 5 real world examples across 5 industries where blockchain projects are showing tangible progress. Learn more here.
LinkedIn, the social network that currently boasts 560 million members, works hard to monetize all of those profiles with sales of data to third parties. While the professional networking site continues to grow in size, there are many who believe the LinkedIn business model is ripe for disruption. Omar Zaki, a Yale graduate and CEO of MYBS (pronounced “moe-bee-uh-s”) is one of those disruptors. Learn how MYBS believes that blockchain is the key to disrupting LinkedIn’s business model here.
Croixstone‘s CXO Patti Weber recently participated in Skookum‘s largest Tech Talks to date. Josh Miller, Senior Software Engineer at Skookum, provided insight into blockchain technology and the uses beyond Bitcoin and cryptocurrency. The original blockchain was described in a 2008 bitcoin paper by Satashi Nakamoto, just 2 months after the collapse of Lehman Brothers in 2008. What makes blockchain so attractive is that it provides a level of trust that is interwoven in business transactions. People can now make transactions without middlemen which translates to greater control of funds and lower fees.
- Supply Chain
- Traditional Banking
- Real Estate
- Public Records
- Food System
Blockchain here. Blockchain there. Blockchain Blockchain everywhere.
It’s rare for the Croixstone Consulting team to go a day without running into a conversation about Blockchain. And for good reason…many believe that Blockchain technology has the transformative powers to be the “new internet”.
These are the top 10 strategic trends Gartner sees breaking out of the emerging space to have a potentially substantial impact over consumers and industries during the next five years.
- Artificial Intelligence (AI) and Advanced Machine Learning
- Intelligent Apps like VPAs (virtual personal assistants) and VCAs (virtual customer assistants)
- Intelligent Things like drones, autonomous vehicles, and smart appliances
- Virtual and Augmented Reality
- Digital Twins
- Blockchain and Distributed Ledgers
- Conversational Systems
- Mesh App and Service Architecture (MASA)
- Digital Technology Platforms
- Adaptive Security Architecture