What are the top technology trends 2021 that are going to reshape this year? Keep on reading to find out!
Every year, new technological developments seem to appear faster and faster. But thanks to the Covid-19 pandemic, technology is now accelerating in a way we have never witnessed before. Whether with the explosion of eCommerce or the increasing use of smart assistants, COVID-19 made the urgency of utilizing digital solutions a necessity, instead of a luxury. As a result, we’ve seen some great innovations come forward.
Table of Content:
- Internet of Behaviors
- Privacy-enhancing computation
- Artificial Intelligence
- Distributed Cloud
- Total Experience
Business executives around the world are ready to invest hundreds and thousands of dollars in technology that fosters growth, transform, and improves overall efficiency. However, the surge in the number of trends makes hunting for the most relevant applications a tough row to hoe. What are the top technology trends that are here to stay in 2021? What impact will these innovations on your industry? Here we have accumulated the top technology trends that will redefine businesses in 2021:
Top 5 Technology Trends 2021
1. Internet of Behaviors (IoB)
It is quite interesting that Gartner billed the Internet of Behaviors (IoB) as one of the top buzzwords to look out for in 2021. IoB expands from the Internet of Things (IoT) and refers to the blend of data analytics, technology, and behavioral science. In simple terms, it makes use of data and its insights to bring a change in behavior.
An example can be the health-monitoring apps on your smartphone that analyze your sleep patterns, heart rate, diet, blood sugar levels, calories burnt, etc, and suggests behavior modifications on the basis of that data.
Behavior scientists and marketers suggest that personalization plays an important role in increasing the effectiveness of a service. Businesses can use data taken from observed user experience and use it as the ultimate marketing and sales weapon and increase customer engagement. Research shows that the Internet of Behaviors is going to be increasingly adopted and embedded over the coming years. In fact, by 2025 more than half of the world’s population will be subject to at least one IoB system or program.
2. Privacy-enhancing computation
The new era of remote collaboration and the growth of data generation requires the highest level of protection. Privacy-enhancing computation (PEC) does the exact same by controlling technologies that support privacy and data protection from violation and hacker attacks. The trend enables organizations to safely share data without sacrificing confidentiality. It focuses on three technologies that safeguard data while in use:
- The first provides a trusted environment in which sensitive data can be analyzed and processed;
- The second performs analytics and processing in a decentralized fashion;
- The third encrypts data and algorithms before analytics and processing.
Privacy-enhancing computation is an easy and reliable option for any enterprise or facility that wants to keep its data protected under all conditions. For example, banks and other financial facilities can implement PEC to keep customers’ financial data confidential and protected from hackers. Even the healthcare industry can use it to secure the data of each patient in order to track their health statuses effectively.
3. Artificial Intelligence
Artificial Intelligence (AI) and Machine Learning (ML) have always been the most prevalent technologies in the market and their significance reached a peak in 2020. From advanced quantum computing systems to personalized advertising to forecasting customer behavior and especially the popular smart assistants – they have found their space in almost everything.
Moving in 2021, AI will continue to grow as a principal technological pioneer. The technology will be further used by businesses to execute facial recognition for solid authentication in a developing range of internal as well as customer-facing applications. Apart from that, as more human activity is taking place online – whether shopping or communication – it can create a lot of challenges for businesses to understand the changing patterns of customer behavior. We can expect business tools to be more improved and efficient to analyze these behavioral shifts to meet more organizational requirements.
4. Distributed Cloud
The Distributed Cloud technology trend is here to take the Cloud Computing game to the next level. The trend refers to the distribution of cloud services to different geographical locations while keeping these services under the original public cloud provider’s operation and governance.
To have the services physically closer will surely going to benefit these organizations by enabling low-latency, reducing data costs, minimizing the risk of data loss. In addition, technologies that require the processing of huge data in real-time (such as AI and IoT) will also get positively impacted.
Furthermore, according to Gartner, most cloud service providers will have distributed cloud services available to their clients by 2024. The technology will be an extension of the public cloud’s core value proposition – namely support, productivity, and innovation.
5. Total Experience
Total Experience blends multi-experience, customer experience, employee experience, and user experience together to links them to create a better overall experience for all parties. We’ve all heard about the importance of providing a good customer experience, however, providing excellent conditions to your employees and users is an equally important case. The aim of total experience is simply to improve the overall experience by intersecting all the major areas – from the technology to employees to customers and users.
Did we miss anything?
New technologies are constantly emerging and evolving, but these top 5 will continue to provide endless benefits to your business in the long-run. If you keep upskilling and continue to employ these trends, you will surely grab some great opportunities.
We hope this blog about new technology trends 2021 was informative enough for you to get started. Do you think we have missed some important technologies that should have been up there? Let us know by sending us your suggestions here.