Country for PR: United Kingdom
Contributor: PR Newswire Europe
Friday, June 21 2019 - 19:23
AsiaNet
Enterprises Need to Adapt Technology Strategy to Address Increasingly Complex Business Environment: Mindtree Tech Beacon 2019
WARREN, New Jersey and BANGALORE, India, June 21, 2019 /PRNewswire-AsiaNet/ --

    Mindtree, a global technology services and digital transformation company, 
has published the fifth annual edition of Tech Beacon 
[https://www.mindtree.com/about/resources/tech-beacon-technology-harbinger-2019]
, an annual report from Mindtree to offer technology guidance for enterprises.

    Logo: https://mma.prnewswire.com/media/633364/Mindtree_Logo.jpg

    Tech Beacon identifies a need for organizations to adapt their IT 
architecture to address evolving business challenges. It also recommends the 
most important emerging technologies and tools for enterprises to invest in, 
experiment with or watch for future application (Invest, Experiment and Watch) 
based on the maturity & production readiness.

    "Today, with aggressive digital disruption proliferating, the global 
business environment is transforming faster than ever. It is therefore 
important for enterprises to better understand how emerging technologies offer 
a compelling value proposition to keep pace with this dynamic reality," said 
Madhusudhan KM, Chief Technology Officer, Mindtree. "Tech Beacon offers 
technology guidance to enterprises based on the industry requirement, changing 
business dynamics, and anticipated technology evolution."

    Here are some key recommendations from Tech Beacon:

    Systems interacting with systems

    --  The challenge behind scalability in micro-services can be addressed 
with Distributed Architecture and Service Mesh due to its consistent discovery, 
security, tracing, monitoring and failure handling service.
    --  Reactive Autonomic Architecture should be at the top of chief 
technology officers' priority list as it simplifies and improves the end user 
experience by predicting their needs in a complex, dynamic and uncertain 
business environment and avoids system failure in unplanned situations.

    Turning Information into Insights

    --  The role of Machine Learning is limited in the data harvesting process. 
Organizations use humans for manual tasks like data cleanup, outlier removal, 
etc. There is a need for integrating exploratory data analysis tasks as part of 
a processing pipeline.
    --  Organizations should utilize Lambda and Kappa data processing 
techniques to generate useful insights from available data. Lambda offers a 
consistent pattern and a real-time view into the generated insight, storing the 
data and then generating the insight in the batch layer. Kappa is the next 
iteration in this evolution, generating insights as the data arrives within its 
'streaming layer.'
Interaction with Humans
    --  Organizations are increasingly using conversational systems as a 
channel to enable machines to interact with humans. These systems offer Natural 
Language Processing (NLP) and integration capabilities in the IT environment, 
in addition to mobile and web. Organizations should use libraries like Rasa, 
Wit.ai, and Microsoft's LUIS, which provide core language processing 
capabilities and enable ‘human-like’ conversations with existing systems.
    --  Enterprises need a renewed architecture to deliver cognitive 
experiences to their customers, enabling systems to interact with users 
seamlessly. To enable these cognitive experiences, enterprises should explore 
computer vision capabilities and tasks such as recognizing objects and 
characters, combining/matching/analyzing images or video with product details, 
and even superimposing objects with three dimensional images on to live video. 
This enables machines to extract data from and understand the content of 
digital images and video.
    --  CTOs, while adopting machine learning and AI in their processes, should 
also carefully draw in boundaries of interaction and responsibility between 
humans and machines. Human intervention is often a better solution than one 
that's fully automated, where machines have too much control.

    Tech Beacon 2019 has put its focus on seven technology categories that will 
drive enterprises' technology strategy in the next 12 months: Application 
Development, Cloud computing, Internet of Things, Artificial Intelligence, 
Conversational apps, Blockchain and eXtended Reality (XR)

    It also highlights technologies & tools for these seven focus areas with a 
recommendation to Invest, Experiment or Watch, based on their maturity and 
potential to drive business value.

    The complete version of the technology recommendation is available here 
[https://www.mindtree.com/about/resources/tech-beacon-technology-harbinger-2019]

    To schedule a consultation with Mindtree experts, click here 
[https://techbeacon.mindtree.com/2019/]

    About Mindtree

    Mindtree [NSE: MINDTREE] is a global technology consulting and services 
company, helping Global 2000 corporations marry scale with agility to achieve 
competitive advantage. "Born digital" in 1999, more than 340 enterprise clients 
rely on our deep domain knowledge to break down silos, make sense of digital 
complexity and bring new initiatives to market faster. We enable IT to move at 
the speed of business, leveraging emerging technologies and the efficiencies of 
Continuous Delivery to spur business innovation. Operating across 17 countries, 
we're consistently regarded as one of the best places to work, embodied every 
day by our winning culture made up of 20,000 entrepreneurial, collaborative and 
dedicated "Mindtree Minds."

    All product and company names herein may be trademarks of their registered
owners.

    For more information, contact:

    INDIA
    Rahul Nag
    Mindtree Ltd
    +91-9958644228
    Rahul.Nag@mindtree.com

    UNITED STATES
    Erik Arvidson
    Matter
    978-518-4542
    mindtree@matternow.com 

    EUROPE
    Susie Wyeth
    Hotwire
    +44-20-7608-4657
    susie.wyeth@hotwireglobal.com

    Source: Mindtree