Trends in many technologies are speeding up. In particular changes that can make expensive, resource-restricted processes better, easier and cheaper to do are being addressed by analytic methods everywhere.
It has been suggested that many of our decisions will be driven by machine implemented ‘algorithms', the direct result of analytical methods.
Decisions will become closed loop, automatic and direct. This will likely again further influence the status, and need for, the knowledge worker.
For this discussion, each group has been assigned a different example of an imminent trend in the area of analytics. As a group, you should research and discuss the trend, identifying the possible implications for various contexts present in your group. At this week's class session, be prepared to discuss with the class:
What your trend is and what it means
Implications across various organizational contexts
Change strategies for organizing analytical resources to address the trend
Your trend assignments are:
Group 3: The rise and spread of virtual reality (VR). What industries are looking to use this for, and how will analytics be used in VR?