Top technology trends for 2008Technology predictions from TMT Trends 2008 series |
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„Not all zeros and ones are equal. The technology sector may have to take an approach in establishing, agreeing and maintaining long-term data storage formats.“
About the report
The 2008 series of Predictions has drawn on internal and external inputs from conversations with member firm clients, contributions from DTT member firms’ 6,000 partners and managers specializing in TMT, and discussions with industry analysts.
As last year, Predictions for the technology sector has been able to draw upon the insight gleaned from a series of 20 interviews with leading executives from around the world on the key industry theme of digitization. These interviews have been published in a book, Digital Dilemmas , available online.
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The technology sector in 2007 was characterized by diversity and growth and the outlook for 2008 looks as though it has the equivalent potential for diversity. Technology Predictions by Deloitte Touche Tohmatsu’s Technology, Media and Telecommunications industry group analyze the following top trends for 2008.
- Getting value from virtualization
Enterprises may ask more probing questions about the limits, as well as the potential, of virtualization, possibly leading to a more measured deployment of the technology. - How to manage talent when legacy becomes the future
Every day in 2008, mainframes are expected to process more than 30 billion transactions, representing 70 percent of the world’s business data. - Let there be light emitting diodes
The conventional, highly inefficient, incandescent light bulb may finally start to be superseded by the white LED in 2008. - From zero to green hero: the renaissance of nanotechnology
Public’s demonization of nanotechnology could be reversed and a green-tinged halo could replace its horns. - From anonymity to authenticity
In 2008, there is likely to be an increasing clamor, from regulators, users and online traders, for the Internet to require people to provide authenticated identity every time they make any transaction. - The rising value of digital protection
Computer manufacturers, which face falling margins as a result of declining average selling prices, may need to launch a set of complementary services, including data protection. - The flight to privacy
Online companies should educate users in online privacy, in a clear manner that neither trivializes nor exaggerates the way in which data is used. Surfers should then be given the autonomy to select the level of privacy that they would prefer. - XBRL goes XL
In 2008, a further acronym, XBRL may become as well known as HTML or GAAP. XBRL, or eXtensible Business Reporting Language, provides a standardized approach to tagging the financial information contained in company reports. XBRL makes the analysis of financial data far easier, as the process is more readily automated. - A digital divide for the digerati
Not all zeros and ones are equal. We may not even be able to access all the data that we own. Some data storage formats used just 10 years ago are now effectively obsolete. The technology sector may have to take a more pragmatic approach in establishing, agreeing and maintaining long-term data storage formats. - The challenges and opportunities ofwater scarcity
In 2008, it is estimated that more than one billion people will lack access to clean water. More than double that number lack access to sanitation.
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TMT Trends: Technology Predictions 2008