McKinsey Tech Trends Report 2022

Disruptive Supply Chain Technology: Web3

Web3 encompasses platforms and applications that enable the shift to a future, decentralized Internet with open standards and protocols while protecting digital property rights, giving users greater data ownership and control over the monetization of their data, and catalyzing new business models. Web3 is defined by decentralized databases and software programs, open source code, public immutable data, public private key cryptography.

Web3 enables the transition from omnichannel – which isn’t necessarily “omni” enough – to unichannel, short for “universal channel”. This seamlessly integrates customers’ digital identities across applications by leveraging a common blockchain data layer, as opposed to a siled view of customers that is limited to a single company’s customer profile.

Disruptive Supply Chain Technology: Applied AI

More than half (56%) of respondents to a 2021 McKinsey global survey said their organizations are adopting AI (up 50% from 2020). Applied AI uses intelligent applications to solve classification, prediction, and control problems to automate, add, or extend real-world business use cases. As AI technologies rapidly push new innovation frontiers, business adoption continues to grow across all use cases:

  • computer vision
  • Natural Language Processing
  • Deep Reinforcement Learning
  • knowledge graphs
  • risk management
  • Optimization of service operations
  • Development of products and services

Disruptive Supply Chain Tech: Industrializing Machine Learning

Machine learning (ML) workflows are the processes that bring AI and ML into production for real business use. ML industrialization solutions provide the software and hardware technologies to scale ML workflows and simplify the development and deployment of ML for enterprises. Use cases include automated data management for high quality data reuse across hundreds of solutions and model management for full visibility into production solutions. Many industries are already reaping the benefits of low-code and no-code platforms.

Disruptive supply chain technology: Enhanced connectivity 5G/6G cellular, low-power wireless networks, low-Earth orbiting satellites and other technologies support a variety of digital solutions that can help networks increase geographic coverage, reduce latency , reduce power consumption and increase data throughput and increase spectrum efficiency. This has resulted in higher quality network access for consumers and opened up new use cases for industrial players.

Enhanced connectivity is a enabler for IoT applications, which in turn will drive demand for 5G and Wi-Fi 6, as well as edge and cloud computing technologies that will bring the benefits of next-gen computing to both consumers and industries be opened up .

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