By implementing the next-generation technologies (also called third platform) — mobile, social, cloud and big data — IT budgets can be cut down to 50 per cent and the remaining 50 per cent can be invested on innovation. According to a survey conducted by EMC, 88 per cent of respondents expect these trends to give their organizations a competitive advantage while 79 per cent see IT as a strategic business driver, more than ever before.
Ameen said that everybody will eventually move to third platform. Think about the internet 15 years ago, people said that it was for the enterprise and businesses but now everybody is using it and the same will imply to the third platform.