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October 23–25, 2014 
TECHNO FUTURES 
HOW LEADING-EDGE 
TECHNOLOGY WILL 
TRANSFORM BUSINESS IN THE 
NEXT CENTURY 
Learning objective: Explore how technology will 
impact the future of business
Seminar Overview 
The accelerating pace of technology change 
and innovation is creating a pathway to new 
wealth and career opportunities for those 
who are informed 
Today, we will evaluate how leading edge 
technologies will transform businesses, 
careers and lifestyles in the future 
2 
“How leading-edge technology will transform 
business in the next century”
This Seminar Will... 
 Discuss the impact that technology has on 
all aspects of our life 
 Examine our business and cultural 
dependence on technology 
 Assess where technology is going and 
what we need to do to keep up 
3 
“How leading-edge technology will transform 
business in the next century”
Seminar Outcomes 
Seminar participants will... 
 Gain an understanding of “key” innovations 
and future disruptions 
 Understand future career and entrepreneurial 
opportunities associated with technology 
advancements 
 Develop insight into the future implications of 
technology advancements on our 
professional and personal lifestyles 
4 
“How leading-edge technology will transform 
business in the next century”
Seminar Agenda 
 Panelist Introductions - Moderator 
 Identify and discuss the impact of the most 
critical ‘technologies’ in the future - Panelist 
 Collaborate on the opportunities and 
challenges imposed by these technologies 
– Panel and Seminar Participants 
5 
“How leading-edge technology will transform 
business in the next century”
Panelist Introductions 
6
Alla Whitston 
Prior to this post, Alla led Infrastructure Solutions team where she was responsible for end-to-end client relationship management, plan, design, 
architecture and delivery of infrastructure for Bank’s Global Wholesale Banking clients. 
Alla joined Bank of America in 2011 from JP Morgan where she served as Managing director responsible for Application and Infrastructure 
Management within the Investment Banking division supporting global equities, prime brokerage, broker dealer services and future and options 
businesses. Prior to this, Alla was Senior Managing director at Bear Stearns responsible for Global Cash Equities Infrastructure and Application 
Management. She also has held positions at Goldman Sachs, Bankers Trust and Home Insurance. 
Alla has been a strong diversity leader throughout career, at JP Morgan she was responsible for Female Executive Director leadership agenda, including 
internal and associated university formal mentoring programs and at Goldman Sachs she was Executive Committee member for GS Women in 
Technology. Alla was a Keynote speaker at Syracuse Business Summit covering subject of “Successful Women in the Global Workplace.” 
At Bank of America Alla continues actively participate in corporate leadership events - panel speaker at Emerging Leader Program, Information 
Technology Senior Management Forum – representing TI BAC leadership. 
Alla earned a Computer Science degree from Georgia Technical University . She lives in New York , NY with her husband and son. 
7 
Managing Director, Enterprise Chief Technology Officer and End User Computing 
Executive 
Alla is the chief technology officer (CTO) for Bank of America’s enterprise functions as well as the End 
User Computing executive. She also is the bank’s relationship manager for IBM. 
In her CTO role, Alla is responsible for end-to-end client engagement, design, plan, build and operation 
of infrastructure solutions for the company’s enterprise functions. This includes the technology 
capabilities supporting Global Technology & Operations, Corporate Audit, Finance, Global Human 
Resources, Global Marketing & Corporate Affairs, Legal, Compliance and Regulatory Relations. 
As End User Computing executive, Alla is responsible for delivering end-to-end technology and 
operations supporting desktop platforms, mobility services, communication and collaboration 
technologies, secure messaging, spam/anti-virus, Office Suite and managed desktop and print/fax 
services. Alla’s team operates in more than ten countries and includes approximately 1,900 employees 
and contractors world-wide. 
“How leading-edge technology will transform 
business in the next century”
Marlin Page 
8 
Speaker; Founder, Sisters Code; STEM Strategist; Tech Entrepreneur 
“How leading-edge technology will transform 
business in the next century”
Tracy Kerrins 
Global Wholesale Banking Technology & Operations (GWBT&O) 
Global Transformations, Business Strategies & Management Executive 
Prior to joining Bank of America in 2003, Tracy was a consultant at Accenture and Price Waterhouse. As an Accenture consultant she worked 
for Bank of America designing and developing the Know the Customer database and the Card Solutions platform. 
Tracy graduated from the University of Michigan with a degree in Industrial and Operations Engineering. She is a steering committee member 
of Bank of America’s Women in Technology and Operations organization and is a member of the Society of Women Engineers and Women in 
Science and Engineering organization. Tracy was recognized by The Charlotte Business Journal in 2012, as a ‘Top 40 Under 40” for being one 
of the regions brightest and most talented up-and-coming business leaders and was also an Athena Leadership Award finalist for female leaders. 
9 
Tracy Kerrins is the Transformations, Business Strategies & Management Executive responsible for 
managing strategic initiatives, transformation programs, and centralized business performance 
management functions for GWBT&O. She serves as the key advisor to the GWBT&O CIO consulting in 
matters of strategy and priority of large-scale efforts, has ultimate accountability & decision making for 
GWBT&O key transformation programs (Wholesale Model Bank and Wholesale Credit Transformation) 
and leads the GWBT&O Portfolio and Change Management function as well as regional (EMEA and 
APAC) business management. 
Prior to her current role, Tracy was the Contact Center, Voice and Customer Experience Technology 
Executive responsible for the delivery of integrated global technology solutions across the contact center 
channel as well as integration with other channels for a deliberate, exceptional and intelligent customer 
experience. Tracy also led the technology and infrastructure delivery of the CANW Transformation, 
which converted the Bank’s legacy California and Northwest banking systems to the Bank’s nationwide, 
standard operating platform. Tracy also served as Banking Center and ATM Technology Executive. 
“How leading-edge technology will transform 
business in the next century”
Jem Pagán 
Mr. Pagán was the first Chief Enterprise Architect and Chief Information Security Officer simultaneously for the Commonwealth of Pennsylvania’s 
Office for Information Technology, and provided enterprise solutions, standards and business strategy for 52 Agencies, Boards and Commissions under 
the Governor’s jurisdiction with an annual recurring IT budget of $2B. 
Under Jem Pagán’s leadership, the Commonwealth of Pennsylvania received the International Laureate Award for Excellence in Government for the 
Implementation of the Business Solutions Center of Excellence, a thought leadership think tank developed to advance technology in government 
operations. The Commonwealth of Pennsylvania also received the National Award for Excellence in Government from NASCIO (National Association 
for State CIOs) for their Initiative called, Operation Secure Enterprise, an effort architected and spearheaded by Mr. Pagán to address cyber-security 
needs in government operations. Mr. Pagán also served on the Federal Inter-Agency Advisory Board for smartcard standards. This effort was led by the 
Department of Homeland Security under the Presidential Directive - FIPS 201 that called for the creation of ISO specification standards in Identity 
Management and Smartcard Technology. 
As Chief Network Officer for Maryland State Department of Public Safety, Probation and Corrections, Jem’s organization managed the statewide 
criminal justice network and data center operations that provided support for all criminal agency organizations (i.e., Courts, Law Enforcement, 
FBI/NCIC, Attorney General’s office, etc.). Jem also served on the Governor’s Network Maryland thought leadership team formulated to architect 
business and technology solutions for telecommunications, data communications cyber security and broadband networking. 
10 
Managing Director, Technology Strategy - JNK Securities 
Jem Pagán is currently the Director of Technology Strategy for JNK Securities, a research and trading firm for institutional 
investment organizations in the greater New York City, Boston, San Francisco and Toronto regions. In this role, Mr. Pagán 
manages the firm’s strategic thought leadership program and research of emerging technologies, technology innovation and 
future disruptions in the IT, telecom, digital media and alternative energy industries. 
Jem Pagán recently served as the Director of Business Transformation Services for Oracle America. He managed the North 
American territory as a senior level strategic consultant, providing business and technology strategies and solutions that 
encompassed all verticals and market segments including Big Data/Analytics, Healthcare, Cloud Computing, Cyber 
Security, Claims Processing, Mobile Technology, etc. for the executive leadership level within the Oracle customer base. 
Prior to joining Oracle, Mr. Pagán served as Senior Vice President (CTO) of Product Development and Systems Operations 
and as General Manager of the mid-Atlantic Region at Mzinga, Inc. In this role, Mr. Pagán led the design and deployment of 
Mzinga’s next generation SaaS and Cloud Strategy for their Global Learning and Social Media Products and services and 
provided mission critical learning and certification. 
“How leading-edge technology will transform 
business in the next century”
SEMINAR DISCUSSION TOPIC 
Identify and discuss the impact of the most critical 
‘technologies’ of the future 
11
The (3) Key Technological Advancements 
That Will Shape Society’s Future 
1. Nanotechnology 
2. Quantum Computing 
3. Internet of Things 
12 
“How leading-edge technology will transform 
business in the next century”
1. Nanotechnology 
• How small is a nanometer? Our fingernails grow at about 1 nanometer per 
second 
• Nanotechnology allows science to “alter” the physical characteristics of our 
world to create new innovative products and solutions 
13 
“How leading-edge technology will transform 
business in the next century” 
Nanotechnology simply means – really, 
really small (atomic & molecular level) 
Physical properties in our world have 
completely different characteristics 
when they are studied at their 
“smallest” level (atomic & molecular) 
Nanotechnology will alter our human 
form, predict health problems, change 
plants, animals and our food supply at 
the atomic level
1. Nanotechnology – Market Impact Areas 
 Cosmetics 
 Electronics 
 Food & Drink 
 Medical 
 Construction & Manufacturing 
 Clothing 
 Packaging 
 Sports & Leisure 
 Transportation 
14 
“How leading-edge technology will transform 
business in the next century”
2. Quantum Physics & Computing 
15 
“How leading-edge technology will transform 
business in the next century” 
Quantum physics deals with the 
behavior of the smallest things in 
our universe: subatomic particles. 
In a 2010 experiment, scientists 
proved that an object may exist 
simultaneously in two different 
worlds. They isolated a tiny piece of 
metal, struck it like a tuning fork and 
observed that it moved and stood still 
at the same time. 
Haven't we all imagined what it would 
be like to instruct Scotty to beam us up, 
then dissolve into a stream of particles, 
only to be reassembled in another 
place? It's science fiction no more; it 
has been done, not on humans but on 
large molecules.
2. Quantum Computing – Future Applications 
• Safer airplanes—Lockheed Martin plans to use its D-Wave to test jet software that is 
currently too complex for classical computers. 
• Discover distant planets—Quantum computers will be able to analyze the vast amount 
of data collected by telescopes and seek out Earth-like planets. 
• Win elections—Campaigners will comb through reams of marketing information to best 
exploit individual voter preferences. 
• Detect cancer earlier—Computational models will help determine how diseases develop. 
• Help automobiles drive themselves—Google is using a quantum computer to design 
software that can distinguish cars from landmarks. 
• Reduce weather-related deaths—Precision forecasting will give people more time to take 
cover. 
• Develop more effective drugs—By mapping amino acids, or analyzing DNA-sequencing 
data, doctors will discover and design superior drug-based treatments. 
16 
“How leading-edge technology will transform 
business in the next century”
3. Internet of Things (IoT) 
Internet 
of Things 
17 
“How leading-edge technology will transform 
business in the next century” 
Simply put this is the concept of 
basically connecting any device with 
an on and off switch to the Internet 
(and/or to each other). This includes 
everything from cell phones, coffee 
makers, washing machines, 
headphones, lamps, wearable 
devices and almost anything else 
you can think of. 
The IoT is a giant network of 
connected “things” (which also 
includes people). The relationship 
will be between people-people, 
The IoT also opens up companies all over the world to people-things, and things-things. 
more security threats. Then we have the issue of privacy 
and data sharing. We are building intelligence into 
products and the environment.
3. Internet Computing – Future Applications 
 Connected Homes 
 Offices 
 Buildings 
 Roadways 
 Mobile Products 
 Clothing (Wearables) 
 Nature 
 Automobiles 
 Mass Transportation 
18 
“How leading-edge technology will transform 
business in the next century”
Panel Questions 
• What strategies should technology professionals 
develop to remain relevant in the face of new 
technology career options? 
• How are new technology advances introduced to 
consumers and enterprises? 
• What are the future challenges and risks associated 
with the adoption of advanced technologies? 
• How are jobs traditionally displaced and created 
through technology innovations? 
19 
“How leading-edge technology will transform 
business in the next century”
Technology Advancements Must Be Carefully 
Introduced Into Mainstream Society 
20 
It is not wise to assume that “it’s all about the technology” when in reality, it’s still all 
about the safe advancement of society as a global community. 
Let’s talk about the critical roles “people” will play in technology advancement!! 
“How leading-edge technology will transform 
business in the next century”
Develop insight into the future implications of 
technology advancements on our professional and 
personal lifestyles 
21
People & Processes – Are Still Critical to Our Future 
22 
“How leading-edge technology will transform 
business in the next century”
The Top (10) Future Workforce Trends 
1. A global war for Smart Talent will be the top driver of competitive 
advantage, as educated, skilled and experienced employees will be in 
demand. 
2. The aging of the population in America and Europe will have dramatic 
effect on society and the economy impacting productivity, knowledge 
and growth. 
3. An increase in women in the U.S. workforce will change the policies, 
power and positioning of organizations. Women will alter the 
strategies of boardrooms, industries and markets. 
4. A diversity savvy workforce will be required to understand and align 
with the diversity in the global marketplace. Diversity will be a critical 
competency for leaders and employees. 
5. Finding, training and retaining high-tech skilled employees from a 
global talent pool will be the greatest challenge for every organization. 
Reference: The Extreme Future: The Top Trends that will Shape the World in the Next 
20 Years, by Dr. James Canton 
23 
“How leading-edge technology will transform 
business in the next century”
The Top (10) Future Workforce Trends (con’t) 
6. Incorporating innovation into the organizational DNA will be a key 
driver of future competitive advantage. 
7. Building a sustainable, healthy and green workplace will be an 
essential capability for retaining talent and attracting the future 
workforce 
8. Preparing employees to meet the challenges of a complex and 
stressful future, where accelerated change and risks can be managed 
effectively with high performance agility, will be vitally important. 
9. An organization that is committed to employee development, 
continual education and training, will return to the organization new 
skills and new competencies. 
10. Attracting the next workforce, or preparing the current one, will require 
a new workforce culture to better understand transnational teams, 
online collaboration, globalization and business process 
transformation. 
Reference: The Extreme Future: The Top Trends that will Shape the World in the Next 
20 Years, by Dr. James Canton 
24 
“How leading-edge technology will transform 
business in the next century”
OPEN DISCUSSION 
25 
Questions & Answers
26 
References 
• http://www.wfs.org/blogs/patrick-tucker/futurist-magazines-top-ten-forecasts-for-2014-and-beyond 
• http://www.nsf.gov/crssprgm/nano/reports/MCR_11- 
0301_Nanotechnology_Research_Directions_To_2020_JNR13.pdf 
• http://www.globalfuturist.com/images/docs/nanoecon.pdf 
• http://www.nsf.gov/crssprgm/nano/reports/MCR_11- 
0201_JNR13_NNI+at+10+years_11051_2010_192_print.pdf 
• http://www.wfs.org/futurist-update/futurist-update-2014-issues/september-2014-vol-15-no-9 
• http://2020science.org/2009/09/28/so-you%E2%80%99re-curious-about-nanotechnology% 
E2%80%A6/ 
• http://canadianawareness.org/2014/01/nsa-developing-quantum-computer-to-crack-privacy-encryption-codes/ 
• http://time.com/5035/9-ways-quantum-computing-will-change-everything/ 
• http://www.forbes.com/sites/jacobmorgan/2014/05/13/simple-explanation-internet-things-that-anyone-can- 
understand/ 
• http://theoriginaljc.blogspot.com/2014_08_01_archive.html

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Techno Futures: How Leading Edge Technology will Transform Business in the Next Century (WOC 2014)

  • 1. October 23–25, 2014 TECHNO FUTURES HOW LEADING-EDGE TECHNOLOGY WILL TRANSFORM BUSINESS IN THE NEXT CENTURY Learning objective: Explore how technology will impact the future of business
  • 2. Seminar Overview The accelerating pace of technology change and innovation is creating a pathway to new wealth and career opportunities for those who are informed Today, we will evaluate how leading edge technologies will transform businesses, careers and lifestyles in the future 2 “How leading-edge technology will transform business in the next century”
  • 3. This Seminar Will...  Discuss the impact that technology has on all aspects of our life  Examine our business and cultural dependence on technology  Assess where technology is going and what we need to do to keep up 3 “How leading-edge technology will transform business in the next century”
  • 4. Seminar Outcomes Seminar participants will...  Gain an understanding of “key” innovations and future disruptions  Understand future career and entrepreneurial opportunities associated with technology advancements  Develop insight into the future implications of technology advancements on our professional and personal lifestyles 4 “How leading-edge technology will transform business in the next century”
  • 5. Seminar Agenda  Panelist Introductions - Moderator  Identify and discuss the impact of the most critical ‘technologies’ in the future - Panelist  Collaborate on the opportunities and challenges imposed by these technologies – Panel and Seminar Participants 5 “How leading-edge technology will transform business in the next century”
  • 7. Alla Whitston Prior to this post, Alla led Infrastructure Solutions team where she was responsible for end-to-end client relationship management, plan, design, architecture and delivery of infrastructure for Bank’s Global Wholesale Banking clients. Alla joined Bank of America in 2011 from JP Morgan where she served as Managing director responsible for Application and Infrastructure Management within the Investment Banking division supporting global equities, prime brokerage, broker dealer services and future and options businesses. Prior to this, Alla was Senior Managing director at Bear Stearns responsible for Global Cash Equities Infrastructure and Application Management. She also has held positions at Goldman Sachs, Bankers Trust and Home Insurance. Alla has been a strong diversity leader throughout career, at JP Morgan she was responsible for Female Executive Director leadership agenda, including internal and associated university formal mentoring programs and at Goldman Sachs she was Executive Committee member for GS Women in Technology. Alla was a Keynote speaker at Syracuse Business Summit covering subject of “Successful Women in the Global Workplace.” At Bank of America Alla continues actively participate in corporate leadership events - panel speaker at Emerging Leader Program, Information Technology Senior Management Forum – representing TI BAC leadership. Alla earned a Computer Science degree from Georgia Technical University . She lives in New York , NY with her husband and son. 7 Managing Director, Enterprise Chief Technology Officer and End User Computing Executive Alla is the chief technology officer (CTO) for Bank of America’s enterprise functions as well as the End User Computing executive. She also is the bank’s relationship manager for IBM. In her CTO role, Alla is responsible for end-to-end client engagement, design, plan, build and operation of infrastructure solutions for the company’s enterprise functions. This includes the technology capabilities supporting Global Technology & Operations, Corporate Audit, Finance, Global Human Resources, Global Marketing & Corporate Affairs, Legal, Compliance and Regulatory Relations. As End User Computing executive, Alla is responsible for delivering end-to-end technology and operations supporting desktop platforms, mobility services, communication and collaboration technologies, secure messaging, spam/anti-virus, Office Suite and managed desktop and print/fax services. Alla’s team operates in more than ten countries and includes approximately 1,900 employees and contractors world-wide. “How leading-edge technology will transform business in the next century”
  • 8. Marlin Page 8 Speaker; Founder, Sisters Code; STEM Strategist; Tech Entrepreneur “How leading-edge technology will transform business in the next century”
  • 9. Tracy Kerrins Global Wholesale Banking Technology & Operations (GWBT&O) Global Transformations, Business Strategies & Management Executive Prior to joining Bank of America in 2003, Tracy was a consultant at Accenture and Price Waterhouse. As an Accenture consultant she worked for Bank of America designing and developing the Know the Customer database and the Card Solutions platform. Tracy graduated from the University of Michigan with a degree in Industrial and Operations Engineering. She is a steering committee member of Bank of America’s Women in Technology and Operations organization and is a member of the Society of Women Engineers and Women in Science and Engineering organization. Tracy was recognized by The Charlotte Business Journal in 2012, as a ‘Top 40 Under 40” for being one of the regions brightest and most talented up-and-coming business leaders and was also an Athena Leadership Award finalist for female leaders. 9 Tracy Kerrins is the Transformations, Business Strategies & Management Executive responsible for managing strategic initiatives, transformation programs, and centralized business performance management functions for GWBT&O. She serves as the key advisor to the GWBT&O CIO consulting in matters of strategy and priority of large-scale efforts, has ultimate accountability & decision making for GWBT&O key transformation programs (Wholesale Model Bank and Wholesale Credit Transformation) and leads the GWBT&O Portfolio and Change Management function as well as regional (EMEA and APAC) business management. Prior to her current role, Tracy was the Contact Center, Voice and Customer Experience Technology Executive responsible for the delivery of integrated global technology solutions across the contact center channel as well as integration with other channels for a deliberate, exceptional and intelligent customer experience. Tracy also led the technology and infrastructure delivery of the CANW Transformation, which converted the Bank’s legacy California and Northwest banking systems to the Bank’s nationwide, standard operating platform. Tracy also served as Banking Center and ATM Technology Executive. “How leading-edge technology will transform business in the next century”
  • 10. Jem Pagán Mr. Pagán was the first Chief Enterprise Architect and Chief Information Security Officer simultaneously for the Commonwealth of Pennsylvania’s Office for Information Technology, and provided enterprise solutions, standards and business strategy for 52 Agencies, Boards and Commissions under the Governor’s jurisdiction with an annual recurring IT budget of $2B. Under Jem Pagán’s leadership, the Commonwealth of Pennsylvania received the International Laureate Award for Excellence in Government for the Implementation of the Business Solutions Center of Excellence, a thought leadership think tank developed to advance technology in government operations. The Commonwealth of Pennsylvania also received the National Award for Excellence in Government from NASCIO (National Association for State CIOs) for their Initiative called, Operation Secure Enterprise, an effort architected and spearheaded by Mr. Pagán to address cyber-security needs in government operations. Mr. Pagán also served on the Federal Inter-Agency Advisory Board for smartcard standards. This effort was led by the Department of Homeland Security under the Presidential Directive - FIPS 201 that called for the creation of ISO specification standards in Identity Management and Smartcard Technology. As Chief Network Officer for Maryland State Department of Public Safety, Probation and Corrections, Jem’s organization managed the statewide criminal justice network and data center operations that provided support for all criminal agency organizations (i.e., Courts, Law Enforcement, FBI/NCIC, Attorney General’s office, etc.). Jem also served on the Governor’s Network Maryland thought leadership team formulated to architect business and technology solutions for telecommunications, data communications cyber security and broadband networking. 10 Managing Director, Technology Strategy - JNK Securities Jem Pagán is currently the Director of Technology Strategy for JNK Securities, a research and trading firm for institutional investment organizations in the greater New York City, Boston, San Francisco and Toronto regions. In this role, Mr. Pagán manages the firm’s strategic thought leadership program and research of emerging technologies, technology innovation and future disruptions in the IT, telecom, digital media and alternative energy industries. Jem Pagán recently served as the Director of Business Transformation Services for Oracle America. He managed the North American territory as a senior level strategic consultant, providing business and technology strategies and solutions that encompassed all verticals and market segments including Big Data/Analytics, Healthcare, Cloud Computing, Cyber Security, Claims Processing, Mobile Technology, etc. for the executive leadership level within the Oracle customer base. Prior to joining Oracle, Mr. Pagán served as Senior Vice President (CTO) of Product Development and Systems Operations and as General Manager of the mid-Atlantic Region at Mzinga, Inc. In this role, Mr. Pagán led the design and deployment of Mzinga’s next generation SaaS and Cloud Strategy for their Global Learning and Social Media Products and services and provided mission critical learning and certification. “How leading-edge technology will transform business in the next century”
  • 11. SEMINAR DISCUSSION TOPIC Identify and discuss the impact of the most critical ‘technologies’ of the future 11
  • 12. The (3) Key Technological Advancements That Will Shape Society’s Future 1. Nanotechnology 2. Quantum Computing 3. Internet of Things 12 “How leading-edge technology will transform business in the next century”
  • 13. 1. Nanotechnology • How small is a nanometer? Our fingernails grow at about 1 nanometer per second • Nanotechnology allows science to “alter” the physical characteristics of our world to create new innovative products and solutions 13 “How leading-edge technology will transform business in the next century” Nanotechnology simply means – really, really small (atomic & molecular level) Physical properties in our world have completely different characteristics when they are studied at their “smallest” level (atomic & molecular) Nanotechnology will alter our human form, predict health problems, change plants, animals and our food supply at the atomic level
  • 14. 1. Nanotechnology – Market Impact Areas  Cosmetics  Electronics  Food & Drink  Medical  Construction & Manufacturing  Clothing  Packaging  Sports & Leisure  Transportation 14 “How leading-edge technology will transform business in the next century”
  • 15. 2. Quantum Physics & Computing 15 “How leading-edge technology will transform business in the next century” Quantum physics deals with the behavior of the smallest things in our universe: subatomic particles. In a 2010 experiment, scientists proved that an object may exist simultaneously in two different worlds. They isolated a tiny piece of metal, struck it like a tuning fork and observed that it moved and stood still at the same time. Haven't we all imagined what it would be like to instruct Scotty to beam us up, then dissolve into a stream of particles, only to be reassembled in another place? It's science fiction no more; it has been done, not on humans but on large molecules.
  • 16. 2. Quantum Computing – Future Applications • Safer airplanes—Lockheed Martin plans to use its D-Wave to test jet software that is currently too complex for classical computers. • Discover distant planets—Quantum computers will be able to analyze the vast amount of data collected by telescopes and seek out Earth-like planets. • Win elections—Campaigners will comb through reams of marketing information to best exploit individual voter preferences. • Detect cancer earlier—Computational models will help determine how diseases develop. • Help automobiles drive themselves—Google is using a quantum computer to design software that can distinguish cars from landmarks. • Reduce weather-related deaths—Precision forecasting will give people more time to take cover. • Develop more effective drugs—By mapping amino acids, or analyzing DNA-sequencing data, doctors will discover and design superior drug-based treatments. 16 “How leading-edge technology will transform business in the next century”
  • 17. 3. Internet of Things (IoT) Internet of Things 17 “How leading-edge technology will transform business in the next century” Simply put this is the concept of basically connecting any device with an on and off switch to the Internet (and/or to each other). This includes everything from cell phones, coffee makers, washing machines, headphones, lamps, wearable devices and almost anything else you can think of. The IoT is a giant network of connected “things” (which also includes people). The relationship will be between people-people, The IoT also opens up companies all over the world to people-things, and things-things. more security threats. Then we have the issue of privacy and data sharing. We are building intelligence into products and the environment.
  • 18. 3. Internet Computing – Future Applications  Connected Homes  Offices  Buildings  Roadways  Mobile Products  Clothing (Wearables)  Nature  Automobiles  Mass Transportation 18 “How leading-edge technology will transform business in the next century”
  • 19. Panel Questions • What strategies should technology professionals develop to remain relevant in the face of new technology career options? • How are new technology advances introduced to consumers and enterprises? • What are the future challenges and risks associated with the adoption of advanced technologies? • How are jobs traditionally displaced and created through technology innovations? 19 “How leading-edge technology will transform business in the next century”
  • 20. Technology Advancements Must Be Carefully Introduced Into Mainstream Society 20 It is not wise to assume that “it’s all about the technology” when in reality, it’s still all about the safe advancement of society as a global community. Let’s talk about the critical roles “people” will play in technology advancement!! “How leading-edge technology will transform business in the next century”
  • 21. Develop insight into the future implications of technology advancements on our professional and personal lifestyles 21
  • 22. People & Processes – Are Still Critical to Our Future 22 “How leading-edge technology will transform business in the next century”
  • 23. The Top (10) Future Workforce Trends 1. A global war for Smart Talent will be the top driver of competitive advantage, as educated, skilled and experienced employees will be in demand. 2. The aging of the population in America and Europe will have dramatic effect on society and the economy impacting productivity, knowledge and growth. 3. An increase in women in the U.S. workforce will change the policies, power and positioning of organizations. Women will alter the strategies of boardrooms, industries and markets. 4. A diversity savvy workforce will be required to understand and align with the diversity in the global marketplace. Diversity will be a critical competency for leaders and employees. 5. Finding, training and retaining high-tech skilled employees from a global talent pool will be the greatest challenge for every organization. Reference: The Extreme Future: The Top Trends that will Shape the World in the Next 20 Years, by Dr. James Canton 23 “How leading-edge technology will transform business in the next century”
  • 24. The Top (10) Future Workforce Trends (con’t) 6. Incorporating innovation into the organizational DNA will be a key driver of future competitive advantage. 7. Building a sustainable, healthy and green workplace will be an essential capability for retaining talent and attracting the future workforce 8. Preparing employees to meet the challenges of a complex and stressful future, where accelerated change and risks can be managed effectively with high performance agility, will be vitally important. 9. An organization that is committed to employee development, continual education and training, will return to the organization new skills and new competencies. 10. Attracting the next workforce, or preparing the current one, will require a new workforce culture to better understand transnational teams, online collaboration, globalization and business process transformation. Reference: The Extreme Future: The Top Trends that will Shape the World in the Next 20 Years, by Dr. James Canton 24 “How leading-edge technology will transform business in the next century”
  • 25. OPEN DISCUSSION 25 Questions & Answers
  • 26. 26 References • http://www.wfs.org/blogs/patrick-tucker/futurist-magazines-top-ten-forecasts-for-2014-and-beyond • http://www.nsf.gov/crssprgm/nano/reports/MCR_11- 0301_Nanotechnology_Research_Directions_To_2020_JNR13.pdf • http://www.globalfuturist.com/images/docs/nanoecon.pdf • http://www.nsf.gov/crssprgm/nano/reports/MCR_11- 0201_JNR13_NNI+at+10+years_11051_2010_192_print.pdf • http://www.wfs.org/futurist-update/futurist-update-2014-issues/september-2014-vol-15-no-9 • http://2020science.org/2009/09/28/so-you%E2%80%99re-curious-about-nanotechnology% E2%80%A6/ • http://canadianawareness.org/2014/01/nsa-developing-quantum-computer-to-crack-privacy-encryption-codes/ • http://time.com/5035/9-ways-quantum-computing-will-change-everything/ • http://www.forbes.com/sites/jacobmorgan/2014/05/13/simple-explanation-internet-things-that-anyone-can- understand/ • http://theoriginaljc.blogspot.com/2014_08_01_archive.html