We will continue to feel the effects of the covid-19 pandemic well into 2022. In other words, business and society will continue to be digitized and virtualized at an accelerating rate. However, with the start of a new year, the need for sustainability, increasing data volumes, and network and compute speed increases will take priority as major factors driving digital transformation.
Many individuals and organizations learned the most important lesson in the past two or three years is that creating truly transformative change isn’t as difficult as might previously have been believed if motivation is in place.
Despite the changing nature of the world, societies will continue to take advantage of this newfound openness to flexibility, agility, and innovative thinking as they move from merely attempting to survive to thrive in the new environment.
Rather, the most significant trends for 2022 are likely to stem from the convergence of technological advances, as tools emerge that make it possible to combine them in new and exciting ways. Considering this, here are VLink’s predictions of the tech trends by CDO, Nitin Nijhawan that will have the most impact in 2022 and beyond.
Among today’s technological disruptions, the cloud underpins many composable business models and has proven its resilience against uncertainty, scalability, flexibility, and speed. Cloud hybridization, multi-cloud, and edge computing are becoming more popular, opening up new distributed cloud computing models. Applications such as enhanced mobile banking experiences and healthcare transformation will emerge as well.
This will lead to the rapid adoption of cloud services worldwide. In 2022, Gartner anticipates end-user spending on cloud services to rise 21.7% to reach $482 billion in 2022.
Important logistical challenge companies face is the “last mile problem,” in response to the sustainability shift.
When the order is delivered to its final destination (the customer), it is referred to as the “last mile” of the order fulfillment process. In eCommerce logistics, the last mile is one of the most crucial components since it involves the final, direct contact with the customer. Because of this, it affects the overall delivery experience and customer satisfaction significantly.
Efficiencies in the last mile of an eCommerce supply chain can account for more than half of total supply chain expenditures.
Thus, 2022 will encounter strategies for ensuring customers and fulfillment facilities are in close proximity through a multi-node fulfillment strategy, as well as live updates on delivery and optimized transportation routes for faster delivery, among other means for optimizing last-mile delivery.
By 2022, widespread expectations anticipate 5G adoption to surpass 4G. 5G will lay the foundation for an intelligent, connected world, not because of its faster speeds but because of its reliability and low latency, which opens up a vast array of new applications and use cases. Many 5G devices and smartphones have already been introduced in China and some other parts of the world, but the semiconductor industry is poised to benefit the most.
The key, however, will be to find a new way to engage customers, which has never been done before. No matter whether technology companies are riding the 5G wave or not, it will profoundly influence the high-tech and mobility landscapes in the next decade, so this is an ideal time to prepare for a sharp increase in demand for 5G products.
In addition to faster networks and remote medicare, 5G offers many opportunities, and along with these are many experiments that will be conducted to discover how value can be added to the customer experience.
While Artificial Intelligence, or AI, has already received a lot of attention in the past decade, it remains a major trend because its numerous impacts on how we live, work, and play are still at an early stage. With AI, you can already recognize images and speak, use mobile navigation apps, use personal assistants on smartphones, ride-share apps, and much more.
Aside from that, AI will determine patterns of behavior to uncover underlying patterns of behavior, to help predict demand for services like healthcare, enabling authorities to allocate resources better and detect the evolving patterns of customer behavior, thereby driving revenues and increasing customer experiences.
Machine learning, another subset of artificial intelligence, is also being deployed in every industry, creating a demand for skilled workers.
Forrester predicts that AI, machine learning, and automation will create 9 percent of new jobs in the U.S. by 2025, including robot monitoring professionals, data scientists, automation specialists, and content curators, so this is another technology trend you should take note of as well.
In light of the accelerated pace of innovation and change, staying up to date on the latest and hottest technology trends is warranted and essential.
The world’s technological landscape has undergone significant changes, and businesses of all sizes are needing to adapt. Then leveraging the appropriate tools and platforms available, you need to innovate if you hope to conquer the challenges facing industries, consumers, and businesses alike.
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