Technology is anything that wasn’t around when you were born. – Alan Kay (Computer Scientist)
Billions of dollars are at stake as emerging technologies are about to take the centre stage in the globalized business arena within a couple of years. Organizations across the globe will invest an estimated $3.5 trillion on their information technology (IT) infrastructure in 2017 alone, leading market research institute, Gartner says.
To keep pace with the fast evolving technologies, organizations may take advantage of the following trends that will be a rage in 2017:
Bigwig tech trends to watch out for
- Internet of Things (IoT) – As a technological evolution, IoT serves as the bridge to connect Internet of mobile devices with everyday objects. According to the Business Insider’s ‘The Internet of Things Ecosystem Research Report’ published in 2016, almost $6 trillion is expected to be invested on IoT solutions for the next 5 years. IoT should be a top priority of the CTOs (chief technology officers), and other IT head honchos.
The scope of IoT isn’t limited to empower objects, but it’s been designed to boost the quality of human life.
It’ll reduce the number of redundant tasks such as data entry, and cut down human errors. Hence, it’ll create more time for the employees to put their efforts into applying data and not to enter them. - Adaptive IT – It refers to the ability of a company to meet the growing demands of the ever-evolving technological world and increase their bottom lines.
Organizations may add wireless solutions to connect their multiple business locations, employees, and clients. It’d make collaboration between teams and other interested parties a joy ride.
Kramer has developed a slew of collaborative tools named, VIA, that will up the game by few notches in the conference rooms to interact with remote teams. - Cloud Migration – Cloud-first strategies will emerge due to cloud adoptions.
Cloud-first technologies will have several advantages like reduced hosting and equipment expenses, greater productivity, increased capacity, better collaboration, and streamlined operations.
It’d help to keep an organization nimble and fast. - Wearables – Wearables have taken up a major share of the pie in the technology market, especially in the health and fitness space. Moreover, there are some crucial advantages to having a strong and healthy workforce.
Cost of the wearables are so low that the days aren’t far when employees would receive them from their employers as part of their standard compensation package.
Even smartwatches can provide employees with added mobility, accessibility, and the freedom to telecommute, besides other advantages. - Immersive technology – In the immersive technology arena, virtual reality (VR) and augmented reality (AR) have become the next de facto hot topics where users will be placed into the virtual environments.
With the help of immersive technologies, organizations may provide demos to their prospects before the actual sale has been made.
For example, sports teams are showing their prospective season-ticket holders never-before-views from the seats they’re planning to buy.
Apart from that, organizations may use AR devices such as HoloLens to showcase designs, coordinate at remote places, and share updates of their respective projects. Holographic computing devices could open up fresh avenues to improve products and information too.
