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How Emerging Technologies Are Powering Business Resilience

The article titled "How Emerging Technologies Are Powering Business Resilience" by Karl Moore, published on Forbes on June 3, 2025, delves into the transformative impact of emerging technologies on business resilience. The piece highlights how businesses are leveraging technologies such as artificial intelligence (AI), blockchain, and the Internet of Things (IoT) to not only survive but thrive amidst the challenges posed by the rapidly changing global landscape.

The article begins by setting the context of the current business environment, which is characterized by unprecedented volatility and uncertainty. Moore points out that traditional business models are being disrupted at an alarming rate, and companies that fail to adapt risk becoming obsolete. In this scenario, emerging technologies are not just tools for efficiency but are crucial for building resilience and ensuring long-term sustainability.

One of the key technologies discussed is artificial intelligence. Moore explains that AI is being used across various industries to enhance decision-making processes, optimize operations, and personalize customer experiences. For instance, in the retail sector, AI-driven analytics help businesses predict consumer behavior and manage inventory more effectively. In healthcare, AI algorithms are used to diagnose diseases more accurately and develop personalized treatment plans. The article cites a study by McKinsey, which estimates that AI could add up to $13 trillion to the global economy by 2030, underscoring its potential to drive business resilience.

Another technology highlighted in the article is blockchain. Moore describes blockchain as a decentralized ledger technology that offers unprecedented security and transparency. He notes that businesses are using blockchain to streamline supply chains, reduce fraud, and enhance trust among stakeholders. For example, in the food industry, blockchain is being used to track the journey of products from farm to table, ensuring food safety and quality. In finance, blockchain enables faster and more secure transactions, reducing the risk of fraud and errors. The article mentions a report by PwC, which predicts that blockchain could save businesses up to $10 billion annually by 2027, highlighting its role in building resilient business models.

The Internet of Things (IoT) is another technology that Moore discusses in detail. He explains that IoT involves connecting physical devices to the internet, allowing them to collect and exchange data. This connectivity is enabling businesses to monitor and control their operations in real-time, leading to increased efficiency and reduced downtime. For instance, in manufacturing, IoT sensors are used to predict equipment failures before they occur, minimizing disruptions and saving costs. In smart cities, IoT is being used to optimize traffic flow, reduce energy consumption, and enhance public safety. The article cites a study by Statista, which projects that the global IoT market will reach $1.6 trillion by 2025, emphasizing its significance in driving business resilience.

Moore also touches upon the role of emerging technologies in fostering innovation and agility. He argues that technologies such as AI, blockchain, and IoT are enabling businesses to experiment with new business models and enter new markets. For example, companies are using AI to develop new products and services, while blockchain is facilitating the creation of decentralized platforms and ecosystems. IoT, on the other hand, is enabling businesses to offer new services such as predictive maintenance and remote monitoring. The article highlights a survey by Accenture, which found that 84% of executives believe that emerging technologies are critical for driving innovation and agility in their organizations.

The article also addresses the challenges and risks associated with adopting emerging technologies. Moore acknowledges that while these technologies offer significant benefits, they also come with their own set of challenges. For instance, AI raises concerns about data privacy and job displacement, while blockchain faces regulatory hurdles and scalability issues. IoT, on the other hand, is vulnerable to cybersecurity threats and requires significant investment in infrastructure. The article emphasizes the need for businesses to carefully assess these risks and develop robust strategies to mitigate them.

To illustrate the practical application of these technologies, Moore provides several case studies. One example is a multinational corporation that used AI to optimize its supply chain, resulting in a 20% reduction in costs and a 15% increase in customer satisfaction. Another case study involves a financial institution that implemented blockchain to streamline its cross-border payments, reducing transaction times from days to seconds. A third example is a manufacturing company that deployed IoT sensors to monitor its equipment, leading to a 30% reduction in downtime and a 25% increase in productivity.

The article concludes by emphasizing the importance of a strategic approach to adopting emerging technologies. Moore advises businesses to start by identifying their specific needs and goals, and then selecting the technologies that best align with those objectives. He also stresses the importance of investing in talent and skills development, as well as fostering a culture of innovation and experimentation. The article ends with a call to action, urging businesses to embrace emerging technologies as a means of building resilience and securing their future in an increasingly uncertain world.

Overall, "How Emerging Technologies Are Powering Business Resilience" provides a comprehensive overview of how AI, blockchain, and IoT are transforming the business landscape. It highlights the potential of these technologies to drive efficiency, innovation, and agility, while also acknowledging the challenges and risks involved. The article serves as a valuable resource for business leaders looking to leverage emerging technologies to build resilient and sustainable organizations.

Read the Full Forbes Article at:
[ https://www.forbes.com/sites/karlmoore/2025/06/03/how-emerging-technologies-are-powering-business-resilience/ ]