Professional Documents
Culture Documents
Whats Next in Tech??
Whats Next in Tech??
WHAT’S NEXT
IN TECH?
INSIGHTS | IMPLICATIONS |
IMPACT ON THE CONSUMER
Copyright ©2017 The Nielsen Company. Confidential and proprietary.
“THE FUTURE IS ALREADY HERE
IT’S JUST NOT
EVENLY DISTRIBUTED.”
WILLIAM GIBSON
OUR APPROACH
+ >
SUPPLIER
LANDSCAPE
3
“We always overestimate the change that will occur
in the next two years and underestimate the change
that will occur in the next ten. Don't let yourself be
lulled into inaction.”
Copyright ©2017 The Nielsen Company. Confidential and proprietary.
Bill Gates
4
SEE TECH TRENDS IN TOTALITY
Understand emerging technologies in relation to other factors
Impact
TECHNOLOGY
Copyright ©2017 The Nielsen Company. Confidential and proprietary.
Disruptors Considerations
Scenarios
5
WILL IT WORK? IT REALLY DEPENDS ON…
6
HERE’S HOW WE DID IT
Marrying a myriad of perspectives
CONSUMER
realities TECH WORLD + REAL WORLD +
WORLD
Copyright ©2017 The Nielsen Company. Confidential and proprietary.
7
14 TECHNOLOGY SHIFTS >>
Spread of existing technology Nanotechnology
infrastructure and smart materials
2
Copyright ©2017 The Nielsen Company. Confidential and proprietary.
0 Absolutely no change
9
MATURE MARKET TECHNOLOGY THAT EXISTS
TODAY RANKS HIGHEST
Ranking of tech shifts with biggest impact – global
Machine learning
and decision making (3.8)
10
SUBTLE DIFFERENCES EXIST ACROSS GEOGRAPHIES
Ranking of tech shifts with biggest impact – by region
The sharing economy (4)
Spread of existing technology and infrastructure (3.8)
13
BUT SURPRISING CONSISTENCIES
Ranking of tech shifts with biggest impact – by region
GLOBAL SOUTHEAST PACIFIC CHINA INDIA
ASIA
Spread of existing technology infrastructure 3.8 3.8 3.8
Robotics 5
3D printing
Nanotechnology
Copyright ©2017 The Nielsen Company. Confidential and proprietary.
14
1 > SPREAD OF EXISTING
TECHNOLOGY AND INFRASTRUCTURE
FORECAST What’s included
16
3 > MACHINE LEARNING AND DECISION-MAKING
FORECAST What’s included
http://www3.weforum.org/docs/WEF_GAC15_Technological_Tipping_Points_report_2015.pdf 19
6 > ROBOTICS, DRONES AND AUTOMATED SERVICES
FORECAST What’s included
http://www.mckinsey.com/business-functions/digital-mckinsey/our-insights/four-fundamentals-of-workplace-automation 21
8 > NEW ENERGY TECHNOLOGY
RENEWABLE, EFFICIENT, AFFORDABLE
“Would you like a roof that Google: Largest corporate buyer of green power
looks better than a normal • Set its renewable energy goal in 2012
roof, lasts twice as long, • Signed 20 power purchasing deals mostly in
US and Europe for 2.6 GW of output
costs less and - by the way
Copyright ©2017 The Nielsen Company. Confidential and proprietary.
22
9 > AUTONOMOUS TRANSPORT SYSTEMS
FORECAST What’s included
23
10 > WEARABLE INTERNET AND DEVICES
FORECAST What’s included
WEARABLE TECHNOLOGY
“Sales in the US will hit $70 The Apple Watch has the functional capabilities similar to a
billion by 2024 – they’re smartphone.
Copyright ©2017 The Nielsen Company. Confidential and proprietary.
Robotics 5
3D printing
Nanotechnology
Copyright ©2017 The Nielsen Company. Confidential and proprietary.
25
Copyright ©2017 The Nielsen Company. Confidential and proprietary.
CONSUMER
RETAIL
26
HOW CONVERGING TECHNOLOGIES CAN DRIVE
CONSUMER BEHAVIOUR
4 Likely
(>30% of consumers, retailers or suppliers)
3 A fair chance
(>20% of consumers, retailers or suppliers)
Copyright ©2017 The Nielsen Company. Confidential and proprietary.
2 Unlikely
(would only happen on a small scale)
1 A remote chance
(may happen in a few instances)
0 Impossible
(no chance this outcome would happen)
28
Copyright ©2017 The Nielsen Company. Confidential and proprietary.
FORECAST
CONSUMER
BEHAVIOUR
CONVERGING
TECHNOLOGIES
THAT WILL CHANGE
29
TIME AS A CURRENCY: WILL CONSUMERS PUT MORE VALUE ON PRODUCTS AND
SERVICES THAT SIMPLIFY THEIR LIVES AND SAVE THEM TIME AND EFFORT?
Artificial Wearable
Robotics IoT Machine learning
Intelligence internet
Copyright ©2017 The Nielsen Company. Confidential and proprietary.
CONSUMER OUTCOME #1
Consumers will trade off price or be willing to pay more for convenience and
time-saving benefits. Delivery technology will facilitate the rise of programmatic
choice and delivery consumption. 30
ON-THE-GO LIFESTYLES WILL DRIVE APPRECIATION FOR TIME AND SIMPLICITY
Artificial Wearable
IoT Machine learning
Intelligence internet
Copyright ©2017 The Nielsen Company. Confidential and proprietary.
CONSUMER OUTCOME #2
Artificial Wearable
IoT Machine learning
Intelligence internet
Copyright ©2017 The Nielsen Company. Confidential and proprietary.
CONSUMER OUTCOME #3
Ageing consumers will depend heavily on technology in their daily lives as well
as consumption choices. They’ll be greatly influenced by tech that assists them
in making shopping easy. 32
Copyright ©2017 The Nielsen Company. Confidential and proprietary.
FORECAST
RETAILING
CONVERGING
TECHNOLOGIES
THAT WILL CHANGE
33
WHAT COULD THE PURCHASE PROCESS LOOK LIKE PHYSICALLY IN A NEW RETAIL
ENVIRONMENT? CASHLESS PAYMENTS – LOYALTY DATA AT A NEW LEVEL, REAL-TIME USE
RETAIL OUTCOME #1
Retailers will be able to connect and communicate with consumers in the store,
automatically connecting to loyalty data through devices to offer customised
experience, offers in real-time. 34
THE FUSION OF PHYSICAL AND VIRTUAL TO GIVE A GUIDED/ASSISTED EXPERIENCE.
SENSORS AND DEVICES TALKING TO EACH OTHER TO GIVE YOU A PERSONALISED
SHOPPING EXPERIENCE
Virtual Augmented
Reality Cashless payment Wearable Internet
Copyright ©2017 The Nielsen Company. Confidential and proprietary.
RETAIL OUTCOME #2
Consumers will be able to be given a customised and guided tour through the
retail environment, with augmented reality; alerting them to certain specials and
information based on past purchases, etc. 35
PAYMENT MADE INSTANTLY VIA DEVICE OR PHONE
RETAIL OUTCOME #3
Checkout and payment processes will be in some cases almost eliminated with
technologies “capturing” basket data and payment on exit.
36
FORECAST
CONVERGING
TECHNOLOGIES
THAT CAN
INFLUENCE AND
IMPACT SUPPLIERS
Copyright ©2017 The Nielsen Company. Confidential and proprietary.
37
CONSUMER PERCEPTIONS ABOUT TECHNOLOGY BEING PREMIUM OR PROGRESSIVE
Virtual and
Neuroscience 3D printing Augmented Reality
Copyright ©2017 The Nielsen Company. Confidential and proprietary.
RETAIL OUTCOME #1
Spread of existing
IoT Machine learning
technology
Copyright ©2017 The Nielsen Company. Confidential and proprietary.
SUPPLIER OUTCOME #2
SUPPLIER OUTCOME #3
42
Copyright ©2017 The Nielsen Company. Confidential and proprietary.
43
Although automation, AI and robotics are hot topics, I
believe technology will always require human direction and
expertise. While it will take some of the heavy lifting out of
certain tasks, its effectiveness will be determined by the
direction and expertise of skilled people. In Southeast Asia,
while wages remain competitive, it will be harder for
Yongyut companies to justify huge upfront costs and investment into
Ongwattanapat automation.
Executive Director
Southeast Asia,
Nielsen Emerging
Markets
Infrastructure
. and legislation will play a huge role in
technology enablement.
48
“THE FUTURE IS ALREADY HERE
IT’S JUST NOT
EVENLY DISTRIBUTED.”
WILLIAM GIBSON
E: Regan.leggett@nielsen.com
T: @reganation
Copyright ©2017 The Nielsen Company. Confidential and proprietary.
50
Copyright ©2017 The Nielsen Company. Confidential and proprietary.
APPENDIX
51
11 > VIRTUAL AND AUGMENTED REALITY
FORECAST What’s included
https://arc.applause.com/2016/12/21/virtual-reality-headsets-idc/ 52
12 > 3D PRINTING
CONSUMER, MEDICAL AND MANUFACTURING
http://www3.weforum.org/docs/WEF_GAC15_Technological_Tipping_Points_report_2015.pdf 53
13 > MEDICAL TECHNOLOGIES
IMPLANTABLE, REPLACEMENT, DNA
“Imagine being able to surf the web Intel: “Eventually people may be willing to be more
with the power of your thoughts.” committed to brain implants”.
GIZMODO.COM
In “Nine real technologies that will soon be inside you”, Mike Edelhart, Yahoo News!, 19 October 2014, https://au.news.yahoo.com/ technology/a/25293925/nine-real-
technologies-that-will-soon-be-inside-you/ 54
14 > NANOTECHNOLOGY AND MATERIALS
BY 2021:
Innovation in smart medical delivery systems
NANOTECHNOLOGY
(drugs/pharma); massive potential to deliver
MARKET TO CROSS
high end products in beauty, health, medicine
$12B IN REVENUE
at first but countless applications.
Example
55
BUT SURPRISING CONSISTENCIES
Ranking of tech shifts with biggest impact – by region
GLOBAL MIDDLE SUB EASTERN WESTERN NORTH LATIN
EAST SAHARAN EUROPE EUROPE AMERICA AMERICA
AFRICA
3D printing
Big data and artificial intelligence 3.8 3.3 3.2 3.6 4.4 3.3
Medical technology
Nanotechnology