HP’s Megatrends

HP’s Megatrends

 

Since 2018, HP has started publishing a report titled Megatrends.  In this report global macro changes are presented.

Macro Forces

  • Socio Economic
  • Demographic
  • Technological

 

There is so much change happening around us today. How we live, work and play in both developed and developing countries will look very different in the next ten to thirty years. Underlying this change are key trends, many having disruptive implications for people and businesses, including HP. It is vitally important that we do our best to discern what the future may look like, developing our own point-of-view on potential future states and their implications, in terms of threats and opportunities. Understanding Megatrends gives us the ability to frame and make more informed, strategic long-term decisions and avoid surprises we could have anticipated and even exploited.

Megatrends are those global socio-economic, demographic and technological forces that we think will have a sustained, transformative impact on the world in the years ahead. On businesses, societies, economies, cultures and our personal lives. Our objective with Megatrends is to directionally point to where the world is going, the potential future states that may result, and then to frame implications in terms of threats and opportunities for Customers and HP. We use Megatrends work to help inform our long-term strategic planning thinking and to support Customer and HP thought leadership and communications with employees, customers, partners and market influencers around technology Vision for the future.

We have identified four major Megatrends and a wide range of underlying sub-trends. We cover each Megatrend and an illustrative set of the sub-trends in this paper.

  • Rapid Urbanization
  • Changing Demographics
  • Hyper Globalization
  • Accelerated Innovation

 

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Technological Changes

As we move farther into the 21st Century, we see new technologies converging that, together, will generate the same kind of growth. In the process, they will change how the entire world makes, sells and lives.

  • –  BioConvergence: The science of Biology in combination with compute is accelerating. Over the next two decades, the way we make things will change radically. We are seeing the radical acceleration of biology as AI changes how analysis is done and robotics/sensors increase the speed and precision of testing.
  • –  Beyond Human: New sensors and interfaces change the nature of human computer interaction. Over the next decade, the way we do work will be reinvented as computation integrates itself seamlessly into the biological processes of our bodies and cognitive processes of our minds. We are already starting to see the early glimmer of this in wearable sensors, in pace makers, and in voice assistants.
  • Frictionless Business: Technology is changing the size and speed at which transaction and coordination are possible in business processes and markets. In the next ten years, the way business is transacted and coordinated will likely change tremendously. Business processes are being reinvented by concurrent innovation in AI, IoT, Blockchain and applications that automate and create smart- streamlined activities managed by software instead of humans. Markets are also being reinvented when these technologies are used in a distributed (vs. centralized) fashion along with innovative business models.

 

This year’s report [what’s new]
The 2019 HP Megatrends Report explores global, regional and metro income trends, urbanization’s impact on these trends, the resulting rise of new metro-based economic powerhouses, and the role of automation and education in meeting labor market challenges driving changing demographics and growing economies. Additional research explores how increasing incomes are putting a strain on our energy resources and what role technologies such as 3D printing, Software 2.0 and Edge Computing could play in helping to drive to greater efficiencies benefiting customers, industries, and the planet.

megatrends3

Please see my related posts

Strategy | Strategic Management | Strategic Planning | Strategic Thinking

 

Key Sources of Research

 

Megatrends: Shaping the Future

Implications for people and businesses

June 2018

HP

 

Click to access 4AA7-3480ENW.pdf

 

 

MEGATRENDS: PREDICTING THE FUTURE TO REINVENT TODAY

Shane Wall

HP CTO and Global Head of HP Labs

January 25, 2018

 

Click to access 20180125-Megatrends-predicting-the-future-to-reinvent-today.PDF

 

 

Megatrends 2019

HP

https://hpmegatrends.com/megatrends-2019-2eae2fc27ebe

 

LSE Event : Megatrends by Shane Wall

London School of Economics and Political Science

 

 

HP CTO Shane Wall interview — Megatrends, automating jobs, and fighting growing inequality

HP CTO Shane Wall interview — Megatrends, automating jobs, and fighting growing inequality

Author: Mayank Chaturvedi

You can contact me using this email mchatur at the rate of AOL.COM. My professional profile is on Linkedin.com.

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