Imagine a scenario where retailers combine sensors, computer vision, artificial intelligence, augmented reality and immersive and spatial computing to deliver immersive user experiences. Or automakers use sensors to capture vehicle signals, monitor the condition of each system in the car, and notify the owner to schedule repairs before a breakdown occurs.
These are already possible. Technological innovation is happening at an unprecedented pace, and there are seven trends which will, individually and in combination, have a seismic impact across industry sectors, according to recent research from McKinsey & Company. These trends have the potential to reshape current business models, enable new applications and services, and redefine how work is done.