Top 5 Technology Trends for 2020
One thing that’s predictable about technology is that it’s always evolving and does so rapidly. This year’s “hot new thing” is destined become outdated and called legacy technology in just a few short years.
Those businesses that can adopt a new trend quickly are often the ones that gain a competitive edge on their competition. Those that are slow to change are often left behind when it comes to cloud technologies and process improvements.
Use of existing AI can improve business productivity by 40%.
If you know what trends are on the horizon, you can better plan your technology strategy and budget to give you the flexibility you need. In the tech world, today’s whisper is tomorrow’s trend and next week’s best practice.
So, which new trends in the digital world should you be keeping an eye on for 2020? We’ve identified the top five technology trends for 2020 that you need to know about.
Watch for These Technologies to Breakout in the Coming Year
2020 is just around the corner and this new decade promises even more technological advances than the last one. Here are the top trends you’ll want to take advantage of in the coming year.
1. Mixed Reality
We’ve heard of virtual reality (VR) and augmented reality (AR), and mixed reality (MR) is really a hybrid of the two, evolving the way our perception of the digital and physical world takes shape.
Mixed reality overlaps the human, computer, and physical environment factors to create new interactive experiences. For example, a virtual representation of a farm might place computer generated hay bales and animals over real world objects to keep a participant walking through a simulation from bumping into real physical barriers, such a chair.
In the future, MR may also have the ability to create virtual representations of other senses, such as a holographic ad for a floral bouquet that actually smells like real flowers.
2. Edge Computing
Edge computing uses a philosophy that’s been in place in commerce for thousands of years when people moved to the riverbanks to more easily distribute their goods and services to nearby towns. It places information processing and content collection/delivery closer to the sources and consumers of that data.
Due to the Internet of Things (IoT) more smart devices in homes and offices are requiring more data on a 24/7 basis, which puts more of a strain on the systems that deliver that data.
Edge computing seeks to reduce the lag time that can accompany digital resources being moved across long distances. Instead it’s about keeping traffic as efficient as possible by strategically placing things like cloud systems and data storage closer to the end user.
3. Virtual Desktops
Hosting your entire computer environment in the cloud has been a concept that’s been around for a few years, but it’s hadn’t yet been done by Microsoft. Last September, they announced the global availability of the Windows Virtual Desktop, which is a pretty good indicator this technology is going to take off in 2020.
Virtual Desktops are the next obvious step for offices to take after the adoption of cloud applications. They allow you to access your computer from any location because the operating system, files, software, and everything on it are hosted in a virtual environment.
This allows offices to be truly mobile and workstations to be accessed by any device, PC or mobile, from anywhere with an internet connection. It also makes administration of multiple office PCs much easier and more secure.
4. Blockchain Automation
Blockchains are a process that enables two or more entities to securely interact in a digital environment to exchange assets. The transactional chain includes a series of “blocks” that contain a cryptographic hash of the previous block, timestamp, and transaction data.
While blockchains are most known for their use in financial transactions like bitcoin transfers, they will become more used in other industries as a way to provide transaction and asset tracking and reduce the risk of counterfeits.
Automation will also make blockchains even more helpful to organisations, because they’ll be able to automate certain actions based upon the authentication of a blockchain trail. For example, once a digital scan confirms that a product has been received, payment can be wired automatically.
Automating simple activities has helped companies save time on things like data entry and other manual tasks, such as data coming from a contact form kicking off a chain of automated follow up emails.
Automation is going to go into hyperdrive in 2020 in a couple of different ways.
Using machine learning to auto-automate. With the use of machine learning built into software, processes will get smarter and have the ability to do things like discover, analyse, measure, and reassess all when choosing the next appropriate automation trigger.
The second type of hyperautomation we’ll see is the automating of many more triggers in a decision tree, with one single automation accomplishing multiple tasks across more software integrations.
Keep Your Technology on the Cutting Edge
Adopting new technology can be exciting, it also takes having a good strategy in place that makes sense for your business. GKM2 can guide you to making the best decisions for your company and choosing the technology that supports them.
Contact us today to schedule a technology efficiency review. Call +61 2 9161 7171 or reach us online.