Impact Of Technology On New Business Models - 980 Words

2016 was a phase change year for many technology companies. Enterprises and service providers were forced to evaluate new business models, technologies. Knowledge and speed are the primary factors behind the technological disruptors that have affected nearly every industry, and 2017 will be a continuation of this disruption. Below are several predictions we believe will occur in 2017 and beyond: In 2017 most new IT projects will deploy and operate ‘Big’ Software Businesses are looking for capabilities that require a new class of software. Applications were once primarily composed of a single software instance running on a limited number of machines. Today, software and workloads like Cloud, Big Data The Internet of Things (IoT) have expanded the mix to be made up of multiple software components and integration points across thousands of physical and virtual machines. Software is getting ‘Big’ and within many organizations it has created an efficiency challenge and opportunity. Operating Big Software will require organizations to break away from legacy software and deployment models and explore new cloud-native tool sets and methods. No one will be ‘all in’ on any one thing With the explosion of cloud, companies have realized they have many options when it comes to deploying software into target environments. Options spanning cloud, bare metal, on-premise and off-premise are making service providers more competitive and customer choice has become broader. ForShow MoreRelatedThe Impact Of Travel Agency Executives May Decide If They Need New Technology Into Business Models Essay1281 Words   |  6 Pagesmay positively impact business. Travel agency executives may decide if they need to adopt new technology into business models, if they want to survive in the industry. Role of the Researcher Researchers who perform qualitative case studies have many responsibilities. 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