Technology Trends That Will Help You Transform Your Business Into A Digital Enterprise
The dramatic time bomb. Futuristic tech havens. AI that can read your thoughts. Remote work. Psychedelic medicines – this is now; wallowing in uncertainty was an act of last year.
Indeed, 2020 was a year marked by revolution as most of us attuned to disruptions in our personal and work lives. While the disturbing impact of the pandemic was something we never thought would occur, it has acted as a substance for transformation throughout the business world. By driving change and making businesses more adaptable and agile, the past year has unleashed a unique kind of technological change that might have otherwise taken decades or more.
Organizations are now more aware that they need to prepare for change at any time, not to thrive but to make it out alive. It has led them to the consciousness that they require IT systems that support fast-paced agility and change. Today, businesses have more automation options than ever before. However, taking these options to mind and knowing how to connect and coordinate them across the entire enterprise is essential to getting things done right. The only question is: Which are these trends/options? Don’t fret; we’re getting there.
Here are all the new and best technology trends that are shaping digital enterprises in 2021.
- Data Analytics
Analytics is one of the things that help a business grow. Due to several technological advancements, data analytics has been revolutionized to such a level that even an ice cream can’t stand to thrive without it.
Ever since the digital landscape came into being, data has been an untapped goldmine and has remained one of the driving forces of success and digital transformation. Business tycoons across all the industries are trying to step into this money-spinner to unlock its actual potential, laying the groundwork of their digital transformation stratagem on data.
The future of media and digital transformation lies underneath careful data handling. In addition to analytics, machine learning and artificial intelligence are also some of the top digital transformation edges of 2021. As these are helping businesses bloom in this cut-throat digital ecosystem.
According to a reliable estimate, 51.4% of businesses have recognized the capability of activating data and have started calling it the “key driver” of skyrocketing their digital transformations. So if you want 2021 to be the best year for your business, initiate data analytics and increase revenue.
- Near-Field Communication – NFC
In terms of contactless payment technology, Near-Field Communication, NFC, has ushered in an era of secure and convenient financial transactions for consumers and businesses.
After the release of Google Pay in 2015 and Apple Pay in 2014, the use of NFC rose to importance. More consumers today are willing to pay with smartphones, chip-based cards, and smartwatches.
In 2021 and hopefully the coming years, such payment technologies will be adopted more widely due to their simplicity and convenience. Since biometric systems authenticate them, they are also safer than OTP, Swipe, and other PIN-based options.
- Data Security
The standard of DevOps is continuously changing the way digital enterprises innovate. Business leaders are climbing higher on the ladder of digital transformation. They’ve realized that the old approaches to incorporate security into new digital platforms and products are not enough to keep up with the current pace of technology and innovation.
It has cemented the vision that security is the most significant bottleneck that industries face on their journey to digital transformation. Thereby, digital security is another top and latest digital transformation inclination in 2021 that will run the business landscape.
- Artificial Intelligence – AI
The path to becoming a complete autonomous AI organization is part of a transformative digital trend. This trend paves the way for enterprises to make AI an integral constituent of their digital transformation strategy. It suggests that all the core processes, systems, and business strategies will be redesigned around AI and its prospects.
The end goal of creating a fully autonomous AI enterprise is to design a digital environment where machines and humans will collaborate to harness data-driven acumens. Based on our research, 57.7% of business tycoons from the healthcare sector are planning to invest in machine learning and AI to skyrocket digital transformation. So yes, it’s something every business should have!
5G has drastically enhanced speeds (1,000x faster capacity vs. 4G), led to lower latency, reduced power consumption, and added massive connectivity to various devices with ultra-high reliability and availability.
Since the advent of public 5G in 2019, this disruptive technology has been changing experiences in general mass sites (such as stadiums) and allowing public safety, innovative infrastructure, and Industry 4.0. 5G is more flexible than Wi-Fi and can support a wide range of sensors, devices, and wearables.
Over the coming years, Private 5G Networks will uplift enterprise transformation as these networks can be aligned with location-and-organization-specific needs. We see a tremendous range of industrial applications that come with enhanced latency and greater levels of security – all thanks to 5G. These also include opportunities across distribution, manufacturing centers, airports, mining operations, and the like. With 5G, you can also transform your operations and increase efficiency.
- Reality Tech
When it comes to user experience, reality tech is the number 1 most crucial digital transformative trend. As the boundary between digital and real continues to thin, augmented reality – AR – will revolutionize logistics, healthcare, manufacturing, shopping, hospitality, and other industries.
With real-time information and data from analytics, augmented reality can offer a new interface to frontline employees to finish everyday jobs in a more integrated manner, whether remote or on-site. On the other hand, VR – virtual reality – for digital replicating lifelike scenarios will make the workplace and educational training more impactful for eager learners.
Microsoft, Apple, and Google have already provided their reality tech products to consumers and businesses. Innovative start-ups will also leverage 5G and Cloud-based technology to transform VR-AR software and devices for scalable and portable solutions.
Over the coming years, well-funded businesses will change the system and enable the software landscape to offer portability, scalability, and speed to AR, leveraging 5G and the cloud. However, a few issues will need to be addressed, such as security and privacy rights (of device usage history, biometric data) and the hazards of “reality” modifications.
Since everything is changing, businesses need to find a way to stay on top of everything. These technological trends entail clever business strategies that need to be invested in maintaining partner and customer experiences and exceeding employees’ expectations.
So if you want your business to beat its competitors, adhere to the above-said trends and create an empire.
Mustafa Al Mahmud is the Founder and CEO of Gizmo Concept and also a professional Blogger, SEO Professional as well as Entrepreneur. He loves to travel and enjoy his free moment with family members and friends.