HITB2016AMS

Expect 2016 to be a busy and inspiring year for technology executives

http://zdnet4.cbsistatic.com/hub/i/r/2016/01/03/0c461460-d0e4-40b8-98ef-287f9ea36105/resize/270xauto/a0f14cf3b5e4d55966951aa88883b2d9/executives-usda-april-2013-cropped-photo-via-us-dept-of-agriculture-via-wikimedia-commons.jpg

Welcome to the new year, and welcome to the new age. With it comes a great rethink of what information technology is, and its relationship to the business. IT is becoming the business, and the business is becoming IT. Simultaneously, organizations have become providers of technology-enhanced services, as well as consumers. I've written on this convergence in many posts here at ZDNet and elsewhere, and the following is a recap and update, with the implications for 2016 and beyond.

A study released a few months back by Accenture and Oxford Economics predicted that the increased use of digital technologies could add $1.36 trillion to total global economic output in 2020. Essentially, moving forward full-force with digital would add an economy the size of South Korea to the global market (current GDP at $1.3 trillion).