Internet of Things (IoT), 3D printing and biotech/ healthcare IT are amongst the top trends that can disrupt industries in the next 3 years.
According to a recent global KPMG Global Technology Innovation survey, these technologies were selected by more than twice as many respondents when compared to last year as technologies that can usher massive disruption. KPMG surveyed 768 technology business leaders globally, including C-level executives (70 per cent of respondents), from technology industry start-ups, mid-sized to large enterprises, venture capital firms and angel investors to identify disruptive technologies, barriers to tech innovation adoption, and the scope of business disruption and new monetization opportunities driven by emerging technologies.
"The rapid rise of this portfolio of technologies is driven by several factors, ranging from macroeconomic opportunities to local incentives and a growing global tech innovation engine that is creating more rapid widespread disruption," said Gary Matuszak, Global Chair of KPMG's Technology, Media and Telecommunications practice.
In the KPMG study, technology business leaders globally believed that retail/intelligent shopping has the greatest potential to generate revenue as a result of adoption of the Internet of Things, followed by home automation, and surveillance/security and social interaction.
Most U.S. survey respondents cited home automation while most China survey respondents said sustainable environment/waste management, the study added.