The digital transition will accelerate in 2022. Cutting-edge technology trends are enabling businesses to move faster; these will push the method and delivery of services. Here’s looking at the digital transformation trends that will drive significant changes globally and possibly reshape business platforms to newer heights.
More Investments in AI and ML, increased demand for AI Engineers
When it comes to data analytics, three main factors make ML and AI great force multipliers: the speed with which AI can process vast amounts of complex data, the way ML can automate many of the tasks involved in the process; and the fact that AI and ML improve with each iteration. The fintech sector and health sector is expected to overtly run on AI adoption.
Generative AI can be used in a variety of tasks, including developing software code, assisting with drug development, and target marketing. Gartner predicts generative AI will account for 10% of all data produced by 2025, up from less than 1% currently. The demand for AI engineers grows when the technology gets advanced. AI engineering is a discipline focusing on the governance and life-cycle management of a wide range of operationalized AI and decision models, such as machine learning and knowledge graphs, as the use of AI grows.
Healthtech and Edtech to drive on 5G Connectivity
While 5G installations in the sub-6GHz bands have been on schedule world over, more complicated 5G millimetre wave deployments have a lot of room for expansion. 5G is much more than just higher download, upload, and streaming speeds; its diverse use will be reality and pull up other technologies. 5G also has low latency that allows for dense deployments and generally improves cellular technology. Incorporating the Internet of Things (IoT) and cloud-based systems into your workflow will be easier and less expensive. To offer the finest client experiences, industries such as manufacturing, healthtech, edtech, telecom, entertainment, and transportation will base operations around 5G-tech and connectivity.
Enhanced agility in decision-making with Hyperautomation
Hyperautomation will boost productivity, accelerate time to market, and enhance employee and customer satisfaction. In 2022, hyperautomation will combine technologies such as Robotic Handle Automation (RPA), Artificial Intelligence (AI), and Machine Learning (ML) to process data in more impactful ways, enhancing the quality and overall productivity. It will also provide real-time, continuous intelligence, as well as increased analytics, to improve operations and procedures even more.
According to Gartner, the majority of hyperautomation programmes currently undertaken will be mature by 2024. Organizations will be able to cut operating costs by a healthy 30% with hyperautomation and process re-design.
Transition from Hybrid Cloud to Multi-Cloud for Businesses
The stats of businesses relying on cloud is ever increasing. Multi-cloud, often known as connected cloud; is becoming increasingly popular among businesses of all sizes. It enables companies to adapt to rapidly changing business needs, such as cloud storage, security, and networking.
Because of their capacity to deploy cloud applications, assets, and software across several cloud platforms, multi-cloud systems will be one of the most important digital transformation trends to note. The shift from hybrid to multi-cloud will propel further.
Quantum Computing will be a new entrant
Quantum Computing designed to solve complex problems, is likely to leap over to implementation. With the steady acceleration of cutting-edge tech, we predict, quantum computing will step into business platforms in the coming year.
Quantum computing has the potential to help combat climate change, modernise the power supply, and improve cybersecurity… It can also aid in global food production and distribution systems by developing more robust and abundant crops and improving supply chain efficiency.
Quantum computing has the potential to help combat climate change, modernise the power supply, and improve cybersecurity. Healthcare professionals can use quantum computing to diagnose illness, identify new diseases and develop drugs quickly. It can also aid in global food production and distribution systems by developing more robust and abundant crops and improving supply chain efficiency. Some teething hiccups can be expected before the tech flows mainstream.
Blockchain as a Service Platform
Blockchain’s transparency provides a virtually fool-proof security feature that has the potential to revolutionise the way people make payments. Now we have developers working to make blockchain a plug-and-play technology, finding more productive ways than just cryptocurrency. AWS, MS Azure, Samsung, Alibaba, and other global heavyweights are seeking a method to make blockchain more accessible to the general public. They would do this by offering it as a subscription-based Blockchain-as-a-Service platform.
Other applications of blockchain such as food safety, real estate management, and intellectual property are also emerging. Given its possibilities, blockchain’s spread and exploration across varied industries will continue to thrive in the next few years.
Come 2022, we expect notable technology transitions that will dominate newer domains. Companies should closely analyze industry trends and existing technology landscape to incorporate pioneering technologies that could open up a slush gate to wider opportunities for the overall ecosystem. Currently, the dearth of qualified technologists is being viewed as an impediment as organizations compete for hiring the right tech talent. The need is to look more comprehensively at the overall tech talent attraction and retention.The priority of compensation, rewards, and benefits to Learning & Development (L&D), succession and diversity, equity & inclusion (DE&I) should also be raised in accordance with tech adoption and progression.