Information Technology (IT) is one industry that is seeing the fastest changes and developments. An example is graphic chips. According to Alain Chesnais, president of the Association for Computing Machinery (ACM), capacity of these chips are likely to increase thousand fold over a five year period. This means, for example, that game platforms will be constantly getting obsolete as new ones appear in the market.
Changes occur not only from such technological developments but also because of several other factors such as the impact of Web use, increasing use of mobile computing, consumerization and virtualization. The result of all these developments will be that IT organizations will be functioning in a very different way ten years from now.
According to Thomas Druby, an IT executive and former CIO at a large insurer, incidental operations such as help desks, network and desktop support, LANs and telecom will be outsourced while companies will focus on the core niches that add business value.
Adding business value will involve improving the effectiveness of business processes, better business analytics and reporting, and improved vendor relationships. Security is another core area that needs increasing attention in view of the variety of new threats that are constantly appearing.
Read how the emerging business scenario affects the career landscape in this Reuters Article.
Tags: business impact, career prospects, information technology, pace of change
