In an interconnected world, technology has the potential to change and transform the way we do business. As we look forward to the upcoming post-pandemic and prepare for the upcoming post-pandemic, we hope that the latest technological trends will help address some of our most pressing business challenges - and build a fairer and stronger society.
Based on our knowledge of the industry and interviews with clients and partners, here are 10 key technology trends that we believe will have the strength to shape the coming year:
# 1 Hyper scalers: Winners in the cloud to dominate the software and IT services market
Hyper scale cloud providers offer cloud infrastructure, cloud platforms and Software as a Service (SaaS) along with proprietary enterprise solutions to create holistic cloud IT strategies and cloud native solutions. The hyper scale cloud services market is dominated by several large providers, and although we know some of the challengers, such as regional players and specialist players, increased market concentration is expected in 2022.
It is driven by shortened cycles of hyper scaler change - from years to months or even weeks - and their impressive R&D spending. With these investments, they can enter many other IT markets that are not cloud-based, but require or benefit from cloud strategies, making them an integral part of any digital business transformation. .
In the future, we expect those with cloud infrastructure and platforms to be able to own a client data strategy and a large portion of the future IT application ecosystem. They can provide short-term enterprise software services, core services for leading industry trends such as the environment, social policy and governance (ESG), and may ultimately dominate mega-trends. in IT, such as artificial intelligence (AI) and quantum computing - alone or through your partner ecosystem.
# 2 Industry Clouds: Custom platforms are another big evolution
Industrial clouds are clouds and data platforms tailored to the needs of individual industries. This is the next step in the development of hyper scalers, moving from a generic technology operation to a more customized platform that offers all aspects of macro and micro applications as well as data management on the one hand. Industry clouds go beyond Platform as a Service (PaaS) or SaaS and integrate vertical business solutions for industry, business resource planning, customer relationship management, workflows and related services.
Industrial clouds are likely to accelerate the trend of modernization everywhere with standardization and preconfiguration, allowing the industry to scale digitally. This will help your organization become more agile and reduce the complexity of seamlessly coordinated welcomes. It can also positively affect the speed and cost of IT upgrades, with innovations, upgrades and maintenance automatically moving to platforms. With these models, Hyper scalers provide their system integration and an independent partner ecosystem of wide-ranging software vendors to create de facto industry standards.
# 3 Quantum computing: Short-term applications promise to optimize complex process
While quantum computers have been widely used for at least a decade, we are now seeing technologies that use quantum principles appear on the market - and have the potential to make a difference. for computer technology in heavy industry.
One such application is to help with optimization problems, which are often difficult to solve through traditional methods. Current optimization algorithms are resetting - and accelerating - with the principles of quantum mechanics. Financial services, biotechnology, and the pharmaceutical sector in particular will benefit from quantum computers, as they require more measurable computing power. KPMG recently launched a quantum technology center focused on application research in three main areas: ultra-precise measurements using quantum sensors, computational acceleration of quantum computers, and cyber security enhancements using quantum cryptography.
# 4 Metaverse: Business models are changing from the physical to the virtual realm
Future-oriented companies are already creating meta version spaces - virtual worlds, where users gather through avatars to communicate with each other and with their environment. Some even allow their citizens to own virtual assets on a blockchain and sell them to the public as non-functional tokens (NFTs). Although meta verse technology is in place, companies are preparing for a radical change. But since the concept of meta version has only recently gained ground in the mainstream, leaders may not know how to engage with it. Although many consider it a sci-fi hype, it is important not to ignore it. The first step is education. We started looking at how many organizations were trying to confuse what was being done, and then we looked for opportunities to experiment with today's metavers. This may include researching the NFT, using virtual real estate, or buying a virtual reality headset to immerse yourself in these worlds. If your organization doesn't experiment, you may find yourself behind the ball.
# 5 AI: Effective management and tools support measurement adoption
The potential benefits of using artificial intelligence on a large scale are undeniable - but so are its problems. Some algorithms can reinforce prejudices and invade privacy, and technologies such as facial recognition may be biased. The main challenge is to put trust and transparency into the equation so that we can unlock artificial intelligence in ways we haven't done before. As such, there are certain mandates or regulations in this area. Similarly, costs and efforts to ensure adequate security of AI applications and fears of public scrutiny and ethical implications have prevented organizations from using AI to this extent - until now.
With the transition to 2022, more reliable mechanisms have emerged to help your organization verify, test, and create transparency, and you can use AI with confidence. These techniques, often referred to as AIOs, can help address the lack of effective governance and tools to help enforce bias and integrity analysis, as well as overall honesty, transparency, and robustness. Having a model of reliable and ethical artificial intelligence is essential. If your organization is doing well, we can increase AI deployment, scope, speed, and results to change every aspect of our lives.
# 6 Cyber Security: Vulnerable actors playing with holes and software security are the biggest issues
COVID-19 enables organizations to promote technology as quickly as possible, but cyber security threats are growing at an even faster pace. Organizations cannot create shortcuts or "drop and forget" them. Gone are the days of lonely, unassuming hackers having fun in a hooded sweatshirt; Companies and governments now have to deal with organized "industrialists" who offer "hacking as a service", equipped with specialized teams, price lists and support hotlines. It requires mastering blind spots when cybercriminals play through holes - and be creative. Escape methods - avoiding identification and working with security protocols - have become leading methods, with threat actors investing time and progress to better understand the security tool. Another emerging issue is software uncertainty, where hackers infiltrate third-party software providers and use trusted connections to place malware directly around you.
Of course, these threat actors are not limited by privacy and data sovereignty requirements. We don't follow the same rules and it's like playing with three players. Organizations must be just as satisfied with cyber risks as they discuss market risks and develop strategic measures. This may include a "trust but verify" approach to the security tools used by your organization and consideration of new business services that provide software security and control your visibility. real-time technology.
# 7 ESG: Data becomes critical in scenario modeling and progress monitoring
The current trading effort around the ESG is not governed by pure regulation. This is the latest customer request for more information from ESG about the organization's products and services. Achieving these expectations will help companies attract new markets and prevent their existing market share from collapsing. On the other hand, organizations need to research and evaluate their entire supply chain.
Identifying relevant ESG data and structuring, cleaning, and treating it is critical to evaluating your organization's status quo, modeling future scenarios, and monitoring progress against your ESG strategy. Destroying data forces in your organization can be challenging, but the most difficult part is the data supply chain that your company doesn't have. SMEs often do not have the necessary resources and are looking for PaaS as a solution. That's why we're seeing business resource planning vendors begin to update their offerings to meet ESG requirements, and technology vendors are adding ESG-related features to existing software.
# 8 Low-code / no-code: Cultural change must keep pace with technological progress
For the past year or so, low / no code platforms have performed well. They allow users to prototype, redesign, and customize applications with little or no experience, enabling faster software development in a fraction of the time. They can also serve as an accelerator for large digital trans-togethation projects. Today, many applications are developed by what we call "iGeneration" - a technical native cohort of professionals who are very proficient in basic programming skills and have a passion for innovation and digital creation. outside their domain.
Now that this technology is widely available and its benefits have been demonstrated, organizations must make the necessary cultural shift. But this transition from a top-down approach to a bottom-up approach is easier said than done. Democratization of technology is changing the dynamics of your organization. Established hierarchies are updating as the balance shifts to greater agility and inter-functional cooperation. Business and IT functions must be closely linked. While the C-suite should be convenient for translating business needs into digital requirements, technology leaders must demonstrate that their agenda delivers visible business results. In order to realize the potential of low-code / no-code technology, current organizational and cultural changes must keep pace with technological progress.
# 9 Hybrid work: Choosing a digital workplace increases productivity and profitability
Employee expectations have changed. Before the pandemic, people were watching the technology. Today, technology follows people - where and when they want to work. A functional hybrid means different things to different people. This does not mean working on the same scale in the office and at home; this means that there is flexibility in the balance that employees choose themselves.
Because standard changes can work from anywhere, organizations need to be more flexible in meeting employee expectations in the following three areas: connectivity, talent mobility, and prosperity. And if companies don't meet expectations, employees can sign up and apply their skills elsewhere. Prioritizing mobility also helps organizations find diverse, unattainable talent with expanded access and accommodation. The reason is to make employees feel as satisfied and productive as possible, get the opportunity to work remotely, in the office or both, and meet their changing expectations.
# 10 Talent: Attracting hot skills requires clear career paths
The demand for technical talent is greater than the available supply. Therefore, the priority is to attract and retain digital professionals. Businesses need to think of higher wages as the only driving factor. Top-skilled people are now inspired by the organization's culture (such as people, flexible work, diversity and inclusion and justice), ESG strategy, investment in innovation and new digital technologies, training and mobility opportunities - all reflecting expectations from modern digital. work. So how can your organization benefit from new recruitment and maintenance events? The big hole we often see is a clear technological career path that fits into the career paths for business functions such as marketing or executive management. Providing opportunities to grow, develop existing talent, and acquire young talent will help your organization grow beyond thinking and build loyalty that resists market challenges.
0 Comments