Standard business practices are shifting. New technologies are bursting onto the scene every week, and the average business has more data on hand and more ways to process that information than the biggest companies did 25 years ago. All of these changes seem to be happening at a quicker and quicker pace.
New elements need to be considered as technology develops, some of them being:
Internet of Things (IoT)
Cloud computing and data storage
Virtual reality (VR) or augmented reality (AR)
Value chain engineering
Additive manufacturing or 3D printing