Recently I wrote a short post about scale-ups and scaling a business. Now I’m going to start a short series that continues the theme of scaling.
If the trend watchers are to be believed, the start-up and dot com has had its day. Maybe that term is a little out of date these days, since the emerging start-ups of today all seem to be dot ai anyway. Apparently it’s all about becoming a larger sustained company now, while also avoiding being copied, outdone or annihilated by the likes of GAFA: Google, Apple, Facebook, Amazon.
But if you want to catch the wave and forge something that lasts, what technology bandwagon should you be hitching a ride on? This piece from PWC explores in detail what they see as the eight essential emerging technologies.
The eight technologies are:
- Artificial intelligence
- Augmented reality
- Blockchains
- Drones
- Internet of Things
- Robotics
- Virtual reality
- 3-D printing
The thing that makes this tricky for start-ups is that you need boat loads of cash to dominate them. They’re not a niche that you can easily protect.
The PWC article groups these eight technologies into five converging themes:
- Embodied AI
- Intelligent automation
- Automating trust
- Conversational interfaces
- Extended reality
For information on which technology or theme you can embrace to harness your scale-up company ambitions, see the article.