When you read an article about a new trend your first thought is, “Where do I sign up?” We’re serious. We want so badly to be part of whatever it is that everyone is raving about. That being said, we can poke fun at ourselves for a bit and admit that not every idea turns out to be the best thing since sliced bread (just wait until the realization sinks in). Sometimes we find ourselves thinking that maybe the latest trend isn’t so great after all—it was just overhyped by buzzy marketing. 2016 business r&d and innovation survey is an article that we could laugh at. This piece is completely ridiculous, so we’re going to take it seriously and explore the major trends in business research and innovation that are taking the industry by storm in 2016.
1. Digital Innovation Management
Agile and lean practices are hot right now in software development, but organizations are now realizing that they have to get crazy with their innovation and R&D practices. In 2016, organizations are going to be spending their time thinking about how they can best “manage the digital”. This means taking lessons from product and service design, UX thinking, and even agile approaches that were optimized for smaller software projects and applying them to larger enterprise efforts.
2. Innovation On Demand
Companies are looking for ways to deliver new products and services that meet the exact needs of their customers. To do this, innovation organizations must be able to transform quickly—from whatever they were doing yesterday to whatever the customer wants today. This means that technology and practices around development, such as continuous delivery and continuous integration, are going to be getting a lot of attention in 2016.
3. Big R&D Data
Big data is no longer a buzzword—it’s been commercially available for years now. In 2016, we’re going to see mainstream adoption of big data practices that help corporate research and development teams get the most out of their efforts. We already know that the first use of technology is usually the most fun, so we expect to see companies continue to invest in the use of data from their research and development activities.
4. Machine Learning
Machine learning, which includes artificial intelligence, has been a hot topic for many years now. In 2016, machine learning will become an integral part of scientific research and development efforts for all kinds of organizations. As a result, we’ll see businesses making strides in areas such as natural language processing and facial recognition on all kinds of devices with all kinds of interfaces. We’ll also see machine learning-based products coming out from companies like Google and Facebook that have made huge amounts of user data available to third parties.
5. Condition-Based Maintenance
Condition-based maintenance (CBM) is an efficient way to improve the performance of vehicles. It’s a great way to support the needs of operations and maintenance technicians, who are usually in a position to recommend improvements to the materials, processes, and processes that actually impact the performance of a vehicle. Companies are going to start using CBM as a way to increase their bottom line by reducing their repair costs.
6. Automation and Robotics
Automation is the buzzword of 2016, with all kinds of organizations deciding to take advantage of robotic systems to help their businesses run more efficiently. People and processes are going to be replaced by machines that move, carry, and manipulate heavy things around in our workplaces as a way to achieve greater efficiency and productivity. This shift can also make it easier for organizations to use fewer or no humans for certain tasks. These trends will make it easier for individuals who are putting in countless hours at work to transition into other opportunities or just retire early.
7. Managed Security Services
The security threat has been a hot topic for several years now. Businesses are looking for ways to protect themselves in an ever-changing cyber environment, and they’re doing so by moving to managed security services instead of trying to do everything themselves. 2016 will see a lot of work being done around post breach strategies, and the attitude that “we can fix it later” will be set aside in favor of making information security one of the most critical parts of the business. This change should result in greater consistency and efficiency, as well as fewer successful attacks from hackers.
8. Virtual Medical Tourist
Virtual reality is no longer just a common thought experiment—it’s become a real thing that you can go to, buy, or rent. Businesses are suddenly finding ways to increase their sales by opening up space for customers to experience new products and services in immersive environments that utilize virtual reality technology. Health care, education, and entertainment are all great markets for virtual tourism—and the better the technology gets, the more opportunities they see in this area.