Future Innovation: What Are Companies Focused On? [Infographic]

Where is technology heading in the future? It’s the one question every technology company battles with. It’s impossible to say exactly what will fuel technology profits in the future, but that’s not the point. The point is to try and decipher what the general population needs, and then set out to create that. Being able to imagine future innovation is one of the key characteristics of any technology company looking to make a profit in the future.

This may sound like an easy task, but it takes a lot of money, time and manpower to accomplish future innovation. It’s easy to understand this is something that usually takes years and years to accomplish. It’s not exactly what you would call easy, is it?

So in what fields are companies planning to spend their money, and what are their thoughts about the future? In order to even come close to deciphering this, you would need to ask hundreds of companies that question and then compile all the answers into some kind of viewable format. That is exactly what CA Technologies has done. They compiled their results into an infographic called What Is The State Of IT Innovation, and it should give us an unprecedented look inside the minds and organizations of companies all around the world.

One thing that should excite us all is that 40% of companies that participated said they want to increase investment in future innovation. However, 40% of the companies also said they need more cash to be able to invest more. That might seem like it would cancel itself out, but that’s not really how it is. The fact is that there are more areas than just innovation that could fuel future innovation, if that make sense.

The worrying part is that most companies don’t even know where innovation will come from. They somewhat agree that cloud computing is a source of future innovation, but how to use it to further innovate seems vague, if even that. By the looks of it, it seems future innovation will come from management, optimization and alm tools. This includes smartphones, software and digital devices that make all-in-one computing a simpler task to manage and control. We can slightly see that in the things that Apple, Microsoft, Samsung and all the other leading technology companies slowly unveil to the world.

Where Will Future Innovation Spawn From?

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Via: [visual.ly] Header Image: [STEM Education Caucus]