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Tech Trends to Look Out For in the
Next 5 Years by Amazon Sr PM
CERTIFICATES
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COURSES
TECH TRENDS
TO LOOK OUT
FOR IN THE
NEXT 5 YEARS
PRASHANT KUMAR
SENIOR PRODUCT MANAGER, AMAZON
AGENDA
02 - Top tech trends to follow
03 - What I learnt during my tech
implementations
01 - My Story
01
MY STORY
1.- Who am I ?
• A BI Professional and a data
enthusiast from India.
• Engineering in E&C, 2008, IE MBA in
Marketing Strategy and Data
Management 2014, BGS Member.
• IT Consulting, Data Warehousing,
Business Intelligence as background
(MS, DHL, RBS).
• Startup experience in Rocket Internet
Berlin and VP Business Intelligence in
Movinga, Berlin.
• Currently as Senior Product Manager,
Purchase and Addresses, Amazon
Business WW.
02
TOP TECH TRENDS TO FOLLOW
2.- Tech Trends Of The Future
❖ Mixed Reality (MR) – AR/VR.
❖ Autonomous Things (AuT) – Drones, Robots and Autonomous Vehicles.
❖ Hyperautomation – Robotics Process Automation (RPA), AI and ML.
❖ Blockchain
❖ Artificial Intelligence.
❖ MIXED REALITY (MR)
• Mixed Reality – It’s a hybrid of reality and virtual
reality where physical and digital co-exist.
• Used in Education by combining AR and VR to
provide interactive, experiential learning.
• Engineering for 3D modelling, virtual sculpting
and remote repair guidance.
• Entertainment with interactive story telling –
Netflix You vs. Wild.
• Military applications for training simulations.
❖ AUTONOMOUS THINGS (AUT)
• Also called Internet of Autonomous Things (IoAT)
is basically bringing computers as autonomous
entities in the physical world without human
oversight.
• Includes Robots, self-driving cars, drones,
autonomous smart home devices and
autonomous software.
• Amazon Delivery Drones and Amazon Go
autonomous shop.
• Uber and Robot Taxis.
• Home robotics like Roomba.
• Military drones.
❖ HYPERAUTOMATION
• Also called Digital Process Automation or Intelligent Process
Automation.
• Combines Robotic Process Automation (RPA) with AI and ML
to automate low value add, repetitive tasks.
• It is a much more comprehensive automation handling
undocumented processes that rely on unstructured data like
Natural language processing (NLP) and Optical character
recognition (OCR).
• Used in call centers to automate processes such as mouse
clicks and application launch to help an agent quickly pull
information about a client from multiple systems.
• Usage in the next decade includes database search
querying, project automation, CRM, ERP systems, fulfillment
and tracking of things like leads, people, processes and
packages.
*AI Multiple
❖ BLOCKCHAIN
• Not Bitcoin but rather the technology behind blockchain.
• Blockchain is a specific type of database, different from
typical database because it stores data in blocks that are
then chained together.
• Once the block is filled with data it is chained onto the
previous block, which makes the data chained together
in chronological order.
• Decentralized blockchains are immutable, which means
that the data entered is irreversible.
• It is the future of Cross-border payments, Efficient supply
chain management, smart contracts which are
automated, transparent and secure and Identity
management.
• Cybersecurity is one of the most promising area of
❖ ARTIFICIAL INTELLIGENCE
• It is not a new technology, but so far, we have
just scratched the surface of its capabilities.
• It is the foundation of all the above technologies
we have discussed.
• Better hardware, access to more data and
improvement in connectivity will lead to every
product starting from AI.
• Medicine, Chatbots, Robotics, AuT, Big Data and
insights are just the starting.
• Cognitive and Sentient AI will take over the trivial
tasks allowing us to focus on truly creative and
innovative work.
03
MY LEARNING
3.- MY LEARNING – New tech implementation
is change management
•Prepare the Leaders and Stakeholders about the tech – Understand
the problem statement.
•Have the Vision of how the final solution will look – Align the solution
with overall business goals and strategic direction of the company.
•Execution is key – Be prepared for roadblocks, give yourself time and
space to fail and most important manage expectations and
timelines.
•Encourage Usage of the solution – Track the adoption, give demos
and sessions and encourage user adoption and feedback.
•Review and Analyze results – always track and showcase results and
its contribution towards organizations strategic goals. Keep true to
your vision.
3.- MY LEARNING – 3 Important Questions
a) Do I as a PM need to know all the tech details about the new tech?
Ans: No, but you need to be very clear about what you want to
achieve and how the tech fits into that role.
b) How do I convince my stakeholders about this?
Ans: Make the benefits common across the stakeholders. Negotiate
and communicate and get them onboard.
c) How do I convince my leaders about the new technology?
Ans: Numbers ($$$), goals and alignment with overall company
direction.
THANK YOU
www.productschool.com
Part-time Product Management Training Courses
and
Corporate Training

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Tech Trends to Look Out For in the Next 5 Years by Amazon Sr PM

  • 1. www.productschool.com Tech Trends to Look Out For in the Next 5 Years by Amazon Sr PM
  • 2. CERTIFICATES Your Product Management Certificate Path Product Leadership Certificate™ Full Stack Product Management Certificate™ Product Management Certificate™ 20 HOURS 40 HOURS 40 HOURS
  • 3. Corporate Training Level up your team’s Product Management skills
  • 4. Free Product Management Resources BOOKS EVENTS JOB PORTAL COMMUNITIES bit.ly/product_resources COURSES
  • 5. TECH TRENDS TO LOOK OUT FOR IN THE NEXT 5 YEARS PRASHANT KUMAR SENIOR PRODUCT MANAGER, AMAZON
  • 6. AGENDA 02 - Top tech trends to follow 03 - What I learnt during my tech implementations 01 - My Story
  • 8. 1.- Who am I ? • A BI Professional and a data enthusiast from India. • Engineering in E&C, 2008, IE MBA in Marketing Strategy and Data Management 2014, BGS Member. • IT Consulting, Data Warehousing, Business Intelligence as background (MS, DHL, RBS). • Startup experience in Rocket Internet Berlin and VP Business Intelligence in Movinga, Berlin. • Currently as Senior Product Manager, Purchase and Addresses, Amazon Business WW.
  • 9. 02 TOP TECH TRENDS TO FOLLOW
  • 10. 2.- Tech Trends Of The Future ❖ Mixed Reality (MR) – AR/VR. ❖ Autonomous Things (AuT) – Drones, Robots and Autonomous Vehicles. ❖ Hyperautomation – Robotics Process Automation (RPA), AI and ML. ❖ Blockchain ❖ Artificial Intelligence.
  • 11. ❖ MIXED REALITY (MR) • Mixed Reality – It’s a hybrid of reality and virtual reality where physical and digital co-exist. • Used in Education by combining AR and VR to provide interactive, experiential learning. • Engineering for 3D modelling, virtual sculpting and remote repair guidance. • Entertainment with interactive story telling – Netflix You vs. Wild. • Military applications for training simulations.
  • 12. ❖ AUTONOMOUS THINGS (AUT) • Also called Internet of Autonomous Things (IoAT) is basically bringing computers as autonomous entities in the physical world without human oversight. • Includes Robots, self-driving cars, drones, autonomous smart home devices and autonomous software. • Amazon Delivery Drones and Amazon Go autonomous shop. • Uber and Robot Taxis. • Home robotics like Roomba. • Military drones.
  • 13. ❖ HYPERAUTOMATION • Also called Digital Process Automation or Intelligent Process Automation. • Combines Robotic Process Automation (RPA) with AI and ML to automate low value add, repetitive tasks. • It is a much more comprehensive automation handling undocumented processes that rely on unstructured data like Natural language processing (NLP) and Optical character recognition (OCR). • Used in call centers to automate processes such as mouse clicks and application launch to help an agent quickly pull information about a client from multiple systems. • Usage in the next decade includes database search querying, project automation, CRM, ERP systems, fulfillment and tracking of things like leads, people, processes and packages. *AI Multiple
  • 14. ❖ BLOCKCHAIN • Not Bitcoin but rather the technology behind blockchain. • Blockchain is a specific type of database, different from typical database because it stores data in blocks that are then chained together. • Once the block is filled with data it is chained onto the previous block, which makes the data chained together in chronological order. • Decentralized blockchains are immutable, which means that the data entered is irreversible. • It is the future of Cross-border payments, Efficient supply chain management, smart contracts which are automated, transparent and secure and Identity management. • Cybersecurity is one of the most promising area of
  • 15. ❖ ARTIFICIAL INTELLIGENCE • It is not a new technology, but so far, we have just scratched the surface of its capabilities. • It is the foundation of all the above technologies we have discussed. • Better hardware, access to more data and improvement in connectivity will lead to every product starting from AI. • Medicine, Chatbots, Robotics, AuT, Big Data and insights are just the starting. • Cognitive and Sentient AI will take over the trivial tasks allowing us to focus on truly creative and innovative work.
  • 17. 3.- MY LEARNING – New tech implementation is change management •Prepare the Leaders and Stakeholders about the tech – Understand the problem statement. •Have the Vision of how the final solution will look – Align the solution with overall business goals and strategic direction of the company. •Execution is key – Be prepared for roadblocks, give yourself time and space to fail and most important manage expectations and timelines. •Encourage Usage of the solution – Track the adoption, give demos and sessions and encourage user adoption and feedback. •Review and Analyze results – always track and showcase results and its contribution towards organizations strategic goals. Keep true to your vision.
  • 18. 3.- MY LEARNING – 3 Important Questions a) Do I as a PM need to know all the tech details about the new tech? Ans: No, but you need to be very clear about what you want to achieve and how the tech fits into that role. b) How do I convince my stakeholders about this? Ans: Make the benefits common across the stakeholders. Negotiate and communicate and get them onboard. c) How do I convince my leaders about the new technology? Ans: Numbers ($$$), goals and alignment with overall company direction.
  • 20. www.productschool.com Part-time Product Management Training Courses and Corporate Training