Wishing you a very Happy New Year - 2013. Leaving a busy 2012
behind, I personally am excited to welcome 2013, partly because it is
"new" and party because we can learn from 2012 and focus on the
'collective' outlook of 2013.
Personally 2012 was a great year for me, my travels took me
places, which enabled me to learn how technology around us is changing
lives and witness the impact first hand. Which makes me to believe that
we are certainly in interesting times and have an opportunity to not
only be a part of this revolution but also lead with our collective
input. I think...the
choice is ours to either be a spectator or tighten the belt and lead the
Change.
Below are a few high points of 2012, which in my humble
opinion will set the stage for growth momentum in 2013…Application
Infrastructure outlook of sorts!
1. Black Friday seems to be building up frenzy and tops the
sales from previous year, not just the US but the rest of the world too.
This Black Friday weekend in 2012 businesses raked in more than $59
billion, according to the National Retail Federation. --- Want to guess
how much was Mobile generated business?
2. Retailers looking to cash in should make the most of Black
Friday weekends --- in many case this one weekend accounts for 20% of
overall annual sales. Online sales on Cyber Monday jumped 30% from the
same day in 2011, according to data from IBM's Digital Analytics
Benchmark. So what can our client's learn from this? consumer orientated
businesses that overlook mobile may be quickly falling behind the
competition. Nearly one in four shoppers used a mobile device to visit a
retailer's website on Black Friday, according to IBM Study -
Answer 20% of all sales were on a mobile device!
3. A huge differentiator in this year's shopping season is the
level of intelligence many retailers have about their customers. With
loyalty programs and deep analytics, many retailers know precisely the
types of customers who will be drawn in by certain offers, and what
other products those consumers are likely to buy. - To be this sounds
like a value proposition that the industry will build upon in 2013!
4. Mobility… Mobility… Mobility… that seems to be the Buzz.
But with new systems of engagements emerging how do we engage in a
meaningful manner, is having a mobile app adequate? I think the answer
to that is a resounding "NO". We should be engaging in Mobile
application design discussion, and engage in an activity that allows us
to paint a story where we have an enterprise design imperatives that
maps to application design imperatives.
5. We ought to also consider the challenges of this emerging
and viral engagement paradigm with social and mobile, that the
reputation is ephemeral and security is paramount. Shoplifting is all
time low because of declining 'brick 'n' mortar' business models, so
where do these shoplifters go? --- U guessed it, they all are lurking
on-line, and embarking on new avenues enables by the emerging trends.
Inference : Mobility…Mobility…Mobility implies focus on
security…security..security!
6. I started with Retail, but the trend is rampant in all
trades that are engaged in buying, selling and transacting in this
ecosystem. There are ancillary services emerging from new shipping,
returns to even new payment networks ( such as NCX) that is bound to
change we do business in 2013 and beyond.
7. Banking Industry, be it consumer banking or investment
banking the innate need for anytime anywhere transaction processing by
consumers will drive the need for secure, resilient and real time
processing of the back-end systems that were never designed to handle
this level of engagement frequency.
I can go on…but you get the picture. My point is we ought to
think 'Real Value' -
I have been discussing this with my peers, my mentors and a
many clients, and as we begin 2013 I think we have to focus on "value" in our rhetoric. It should not longer be about cheap
labor costs, or free software, but about the total cost of solution. I
think we should seek consultative engagement model (where we take these industry
and technology insights) in helping with the enterprise design points
which lends itself to a sustainable and cost effective solution. I have always believed a good design pays for itself.
So to reiterate, my opening point, we have a choice to either
be a spectator ( we do have front seats) or lead the change….The Choice
is the leadership and ours to make is ours to lose!
As always I curious to hear your thoughts and Observations!!
Have a great new year!!
:)
Nitin Gaur