Eight emerging technologies—AI, blockchain, and quantum computing among them—are poised to transform the way we work and live.
Emerging technologies are going to shape the most successful businesses of tomorrow. The question is, which technologies will deliver the most value?
There’s so much hype around emerging technology and disruptive technology that it can be difficult for business leaders to make the right decisions about where and when to invest, particularly when the most exciting technologies are still being developed in labs, academic institutions, and early-stage startups.
The technology landscape is constantly evolving, but companies need to know today which technologies will drive the greatest digital disruption and economic change over the next decade.
BCG works with a wide variety of clients to help them understand and seize opportunities in the emerging technologies that will transform business in the next five to ten years.
Quantum Computing
In the coming decades, quantum computing promises to create value of more than $450 billion annually. Where and how quantum computing will create business value and what changes are coming in the next five to ten years should be at the forefront of business leaders’ minds today.
Synthetic Biology
Synthetic biology will bring a step change in biopharma, enabling precision medicine or open new ways of treatment, especially in gene therapy. Applications of synthetic biology are also numerous in other fields, such as agriculture where it could help to address food supply to a growing population in the world.
Artificial Intelligence
The most sophisticated companies are doubling down on AI investments. Now is the time to understand where AI is heading.
Advanced Robotics
The global market for robotics is projected to reach $87 billion by 2025, with the potential to transform many sectors, such as construction and manufacturing, including the factory of the future.
Virtual and Augmented Reality
Commercial AR is expected to generate worldwide revenues of $48.3 billion by 2022—a compound annual growth rate of 87.1% from 2015 through 2022. Augmented reality is now being used in retail, advertising, and field services.
Blockchain
In 2018, blockchain-related venture capital funding soared to $3 billion, up from nearly $1 billion in 2017. Businesses must learn how to tap into the strategic opportunities of blockchain.
The Internet of Things
The Internet of Things is unlocking new sources of value for enterprises such as new revenue streams, safety, and improved customer experience
We help clients find competitive advantage not just with these eight highly disruptive technologies but also in fast-evolving fields such as genetic engineering, precision medicine, 3D printing, and more.
BCG has strong ties with leading scientists, academics, and innovators working on tomorrow’s breakthrough technologies. We can see technology before it has developed and understand how it can create a competitive advantage for our clients. Our emerging technologies consulting services include:
The deep-tech ecosystem is evolving quickly, and companies need to act decisively when breakthrough technologies become available. We are constantly scouting the deep-tech ecosystem and university labs for the latest technological developments.
We have an exclusive strategic partnership with Hello Tomorrow, an international nonprofit that promotes disruptive solutions built around unique, protected, or hard-to-reproduce technological and scientific advances. Through these networks, BCG and our clients gain early access to emerging technologies and to a network of more than 3,000 deep-tech startups.
Discovering synergies among emerging technologies can propel a company into the upper echelon of digital leaders. The key is to think at the intersection of technologies.
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BCG GAMMA combines advanced skills in computer science, artificial intelligence, statistics, and machine learning with deep industry expertise. Learn more.
BCG is a strategic partner to Hello Tomorrow, an international nonprofit that promotes early-stage deep technology startups. Their aim is to solve some of the biggest industrial and societal challenges by propelling deep tech solutions from the lab to the market.
