Forrester’s IT Forum: App Internet, Not Cloud, Future Of The Internet
The app Internet will dramatically alter the Web as users know it, force
today’s leading technology vendors to adapt to a new business
environment, and affect every job function in the business technology
The app Internet will dramatically alter the Web as users know it, force today’s leading technology vendors to adapt to a new business environment, and affect every job function in the business technology (BT) organization, Forrester Research CEO and Chairman of the Board George F. Colony told more than 1,300 business technology professionals attending Forrester’s IT Forum, Forrester’s largest IT event of the year, which ends today. And despite industry’s preoccupation with cloud computing, Colony said that a standalone cloud or web solution is not the web architecture of the future. According to Colony, Apple has established leadership in the app Internet space, and web-centric companies such as Google and Facebook are risky bets in the app Internet market due to their overreliance on web-based technologies. Forrester estimates that the app Internet market was $2.2 billion in 2010 with a compound annual growth rate of 85 percent through 2015. To succeed in this market, other established leaders that are borderline contenders in the market, like SAP and Oracle, must determine how they are going to price these apps, and PC vendors such as HP and Dell must reform the PC experience to focus on app stores, which will be on every connected device in the future and serve as the keys to the Internet. Microsoft has important pieces to enable the app Internet -- such as its application framework Silverlight -- but must transition to a world of low-cost, dynamic applications and out of the old desktop licensing model. “The future is not written. Any or all of these vendors can change their strategy and move toward app Internet,” Colony said. “Somebody is going to sit down and is going to reinvent themselves. Microsoft, Dell, and HP are candidates for that.” The app Internet’s impact on the business technology organization will be profound, and Colony provided some insight into how this shift will affect the roles Forrester Research serves. For instance, Colony said Business Process Professionals will not create new applications without the app Internet, CIOs must prove they can embrace customer-centricity through the adoption of the app Internet, and Security & Risk Professionals will have great job security as companies are challenged with how to protect their enterprises in this new model.
Forrester Research (Nasdaq:FORR) hit a new 52-week high Thursday as it is currently trading at $38.76, above its previous 52-week high of $38.75 with 17,854 shares traded as of 2:17 p.m. ET. Average volume has been 65,500 shares over the past 30 days.