As organizations in every industry sector look to technology to facilitate their own transformations, the opportunities for technologists with business savvy have broadened considerably. Business teams and technology teams don’t always speak the same languages, don’t communicate regularly, and typically struggle to try to overcome historical siloes.
A product manager acts as the point person throughout a software, hardware, or service product’s lifecycle. It is a role that requires you to balance input, concerns, and feedback from multiple departments, key stakeholders, business leaders, customers, and clients. Understanding and representing user needs. Monitoring the market and developing competitive analyses. Defining a vision for a product. Aligning stakeholders around the vision for the product.
We bridge the gap between technology and business strategy. Product Managers work with marketing, operations, product design, and engineering teams to identify a critical business problem and creatively build solutions,
What I’m keeping an eye on:
- AI (Artificial Intelligence) and ML (Machine Learning) are making use of the mounds of data being mined, collected, and consolidated.
- RPA (Robotic Process Automation) is the technology that allows anyone today to configure computer software, or a “robot” to emulate and integrate the actions of a human interacting within digital systems to execute a business process.
- Cognitive technologies such as NLP (Natural Language Processing), and speech and pattern recognition are being embedded into software applications, imbuing big data with superior capabilities. Siri and Alexa are already embedded in most people’s lives, imagine having this tech available in every application you use.
- 5G – beyond speed improvement for communications and entertainment, this tech is expected to unleash an IoT (Internet of Things) ecosystem where networks can serve communication needs for billions of connected devices with the right balances between speed, latency, and cost.
- Metaverse – technologies that make up the metaverse can include virtual reality and augmented reality but is not exclusive to VR and AR, they can be accessed via PC, game console, or smartphone.
- XR (Extended Reality) combines AR (Augmented Reality), VR (Virtual Reality), and MR (Mixed Reality) under one umbrella.
- IoT (Internet of Things) refers to the billions of physical devices that can connect to the internet, collecting and sharing data. For consumers, this means interacting with the global information network without the intermediary of a keyboard or screen; many everyday objects and appliances could take instructions from that network with minimal human intervention. For businesses, this means, even more, streamlining and automation in manufacturing and delivery industries.