Tag Archives: Technology Trends

Technology Trends for 2025 Provide New Possibilities and Require Consideration

Gartner has released a tech trends report for 2025, and automation (especially through artificial intelligence) is a keystone. While technology has great potential for companies, depending on goals, it also carries challenges. Such challenges include costs in time, money and effort; legal and ethical considerations and guardrails for use; and adaptation of the workforce to changes. Read on to learn more about upcoming trends and why they matter for your business.

 

The Role of Artificial Intelligence

 

Artificial intelligence has been enabling automation and enhancing creativity for several years, and is a powerful tool. It has potential for numerous industries and every sort of business within those industries. One trend, agentic AI, can help you with automation of processes, which may save costs and time, augmenting or even taking over human tasks when appropriate. Nevertheless, guardrails are needed to ensure that the virtual agents operate according to parameters set up by humans. Not only that, you will need to assess how to harness AI to help meet your business goals, and make sure that its use is in accordance with your goals.

 

Platforms for AI governance will be another trend in technology. These platforms can help companies create and enforce policies for responsible use as well as show users how the AI systems work. For example, how do the systems remain free from harmful bias? And how to avoid disinformation? And what about those “deep fakes” we keep hearing about? You can bet that if you are using AI, so are malicious actors. They can combine pictures and audio to make it seem as though a customer is saying something negative about your brand. Disinformation security is another emerging technology trend that will help assess risk and prevent harmful narratives about your company.

 

Other Trends Making Using of Artificial Intelligence

 

A few other trends make use of artificial intelligence. Ambient invisible intelligence can provide a subtle and seamless customer experience, by the integration of technology into the environment. A business benefit is knowing more about the customer’s purchasing journey and user experience, yet customers might feel surveilled. Consent policies need to be created, so that users can choose what they share, and transparency will be needed.

 

Hybrid computing is set to become more popular, and will provide different mechanisms for computing, storage and networking. While hybrid computing can help artificial intelligence perform beyond present boundaries, it poses challenges. Security risks are created by autonomous models, and the cost of such experimental technology is high. Once again, it is up to you to determine whether this and other trends will align with your business goals and benefit your company and its stakeholders. Setting up guardrails for use of these technologies will require thought, time and effort.

 

While technology moves forward, you will need to evaluate the trends coming up in the next few years, and how you will harness technological innovation while navigating its challenges. For further guidance, contact your trusted technology advisor today.

Technology Industry Trends in 2022

A number of trends are expected to continue, as well as new ones to develop, in the coming year. These trends will introduce opportunities along with challenges in the IT industry. Read on to learn about how these movements in the industry affect its four pillars of operations, infrastructure, cybersecurity, and data.

 

Focus on Strategy and Transformation

 

Let’s face it, the last year and a half has been challenging. The work-at-the-office paradigm that many were used to has likely changed permanently. Remote workers, as well as creating more “nodes on the network,” have changed expectations; will some ever want to come back to the office, or stay remote? Managed services may be counting on remote work to stay popular, and to provide companies with network assistance, shown by a CAGR prediction of 7.9% ($355 billion) by 2026, according to IDC.In 2022, companies are expecting to move out of the tactical approach of just staying in business, and to start dusting off digital transformation projects that they couldn’t think of before, considering innovation and collaboration.  The technology industry is expected to increase to $5.3 trillion in 2022, with a year-over-year growth increase of 5-6%, according to IDC. CompTIA’s trends outlook article points to a growing optimism about opportunities in the tech industry, coupled with challenges to manage. 

 

Opportunities in Information Technology

 

The United States has long been a key player in the technology industry, accounting for 33% ($1.8 trillion) in expected spending for 2022. With its robust infrastructure and many connected users, as well as its abundant bandwidth, it has the opportunity to consider software development and tech services (including cloud services) built upon this foundation. Cloud-first will continue to be prevalent, with both existing systems and new components residing in the cloud. In fact, according to IDC, the compounded annual growth rate (CAGR)for cloud is expected to be 16.3%, with spending reaching $974 billion by 2026.  In terms of software development, user experience will be an important consideration, with many firms thinking of it as a critical concern. Channel firms will have the opportunity to help their customers choose what’s best for their business, with technological tools always being subject to business objectives like automation and product development. Cybersecurity, while an ever-present challenge, also can be lucrative for channel firms; they can become even more profitable and help nervous customers feel more confident about cybersecurity. The CAGR for security is expected to be 9.7%, reaching $345 billion by 2026. 

 

Meeting Challenges in the Future

 

With the growth of digital transformation comes an increased quantity of data that needs to be stored, managed and secured. How will companies keep customer data safe while complying 

with industry regulations? And how will they keep cyber attacks and data breaches from doing damage? It is now assumed that cyber attacks happen frequently, and not all come from outside the company. Keeping networks safe will continue to be challenging for organizations, and both offensive (such as penetration testing) and defensive (like antivirus protection) practices are needed. Cybersecurity metrics can connect cybersecurity practices to business health. 

 

With the rapid shift to at-home work and its expansion of the security perimeter, opportunities and challenges abound. For guidance in navigating the tech landscape, contact us today. 

Technology Trends

Technology Trends you Will Hear About in 2018

According to technology research firm Gartner Group, technology spending is expected to grow to $3.7 Trillion dollars in 2018. Communications Services ($1.387 billion) and IT Services ($931 billion) make up the majority of spending. In contrast, Enterprise Software and Data Center Systems are the smallest categories of spending expected for next year. Shifts in IT spending from Data Centric to Cloud Computing change the landscape for buyers, vendors and technology solution providers alike. Here are top Technology Trends you will hear about in 2018.

Cybersecurity

2017 was a year full of data breaches and ransomware. According to a 2017 Cost of Data Breach Study by the Ponemon institute, the average cost of a data breach in 2017 was $141 per record lost. Consider how many customer, prospect, employee, member or supplier records you may have within your organization. With the risks so high, expect Cybersecurity to be top of the list of Technology Trends for most companies next year.

Cloud Computing

According to Forbes, 80% of IT budgets will be committed to the Cloud. Software as a Service (SaaS) solutions will help line-of-business managers from Sales, Marketing, HR and Finance become more productive. Communications and Collaboration applications including Email, VoIP and Web conferencing solutions will connect employees across companies and supply chains. Infrastructure as a Service (IaaS) will host a range of solutions including websites, online backup and more. The utility model, or paying for usage, appeals to businesses replacing technology capital expense (CapEx) for subscription-based operating expense.

Managed Services

As the “everything as a service” model gains in popularity, more companies will adopt fixed- priced managed services contracts. Rather than waiting until an issue arises, the managed service delivers proactive IT service for on-premise and cloud-based systems.

Software-Defined Everything

Technology research firm IDC predicts Software Defined Networking to top $8b in 2018. As more companies rely on technology for communications, customer experience and remotely hosted cloud solutions, cost-effective network performance becomes critical. Increased cost savings combined with improved connectivity make Software Defined Wide Area Networking (SD-WAN) a popular choice for companies expanding to multiple locations or those reviewing their networking expense.

Emerging Technologies

The technology industry is known for its infatuation with the “New, New, Thing.” Many technologies will impact the buzz meter in 2018–Big Data is one of them. Standards for collecting information and connecting the dots between demographics, geographics and other insights begin to provide companies both small and large competitive advantage.

Artificial Intelligence (AI) in the form of process automation, chatbots and other computer-to- computer conversation and learning will creep into the technology stack in 2018. You may find AI emerge in popular productivity applications throughout the workplace.

Companies wanting to stay on the edge of technology will turn to Digital Transformation to fuel growth and efficiencies. Expect large businesses to acquire their digital counterparts, while small business will deploy technologies to improve customer experience and ensure employee productivity.

BlockChain or Distributed Trust technologies will go beyond Bitcoin and other distributed ledgers to drive efficiencies in select industries including Healthcare and Financial services. Blockchain technology uses encryption to link a continuous series of records. By securely confirming agreement to complex transactions, BlockChain technology will begin to rattle in 2018 for many larger organizations. It may take more time before this technology applies to small and medium businesses.

Internet of things (IoT) and other smart devices will emerge in consumer and business technology markets. From security systems to smart cities expect more and more connected devices to contribute to efficiencies from the factory floor to the warehouse door.

As technology becomes a greater part of our business operations, it is more important than ever to ensure we have secure and reliable business systems. IF you have questions about how your business can benefit from emerging technology trends, contact your technology advisor today.

3 Technology Trends Driving Business Outcomes

Technology TrendsMany businesses turn to technology to find ways to reduce costs and overhead. Technology trends–Software as a Service, Internet of Things, Software Defined Wide Area Networking, marketing automation, and Cloud-based communications and collaboration–are top of mind with business owners who prioritize improving staff productivity and capability, and reaching new customer segments. Here are three technology trends to take advantage of to drive business outcomes.

Software as a Service

One of the more popular ways to access Cloud Computing is Software as a Service. To start reducing costs and improving employee productivity, first consider your Communications & Collaborations applications(email, chat, instant messaging, voice, audio, web and video conferencing). In addition, applications including marketing automation and call center applications are available as Cloud services to help businesses grow their top line by reaching new customers.

Software Defined Wide Area Networking

Companies are adopting Software Defined Wide Area Networking (SD-WAN) as an alternative to more expensive wide area networking infrastructure. SD-WAN can optimize performance of multiple providers of business-class Internet to match costly alternatives. This saves money while improving performance between your locations and ensuring consistent access to Cloud Services.

Internet of Things

Enhancements to the Internet, combined with low-cost sensors, and wireless connectivity allow businesses to connect, monitor and automate a wide range of devices. Smart metering can track consumption of energy, water and gas, provide insights into usage, and remotely control a wide range of equipment and machinery. Not only does IoT save costs, the data collected from these devices can also be used gain insights that improve business outcomes.

Many technologies are at our fingertips to help businesses maintain competitive advantage through lowering costs, increasing productivity, and driving new sources of revenue. To make the most of these significant technology trends, the pieces of the technology puzzle need to come together. Contact your Technology advisor to see how you can use these technology trends to drive business outcomes.