5 Technology Trends For Businesses in 2022
14 Sept 2022
Technological advancements are sweeping the world at such a pace,
that it can be quite hard to keep up with. Businesses have been
left with the unenviable task of staying up to date with the
latest technologies or they run the risk of being left behind by
their competitors and other players in their industries.
One of the major pitfalls, however, is that there are so many
technologies developing on a consistent basis, and while they are
all important and useful, you cannot make use of all of them at
the same time. The wisest thing to do at this point is to focus
more on the technologies that are gaining more attention than the
others. And this is what we hope to achieve with this article.
Here are 5 technology trends you should pay attention to in 2022.
Digital Transformation: More businesses are looking to digitize
most, if not all of their operations. Amazon, for example, has
been able to leverage technology in its operations to provide
same-day delivery to its customers. What most people would have
concluded as impossible is gradually becoming the norm as more
e-commerce companies are using technology to deliver fast-paced
services. Uber and Airbnb are also examples of companies that
have digitized their services to become major players in their
industries. Uber, for example, does not need to have cars for
their operations, and Airbnb as well does not need to have
houses. What they have successfully done is create digital
platforms where operations run seamlessly thereby saving time
and providing excellent service to the client.
Humans vs Intelligent Machines: This is not a match to see who
would eventually rule the world. It has, however, shown that
both humans and machines can actually work together to achieve a
common goal. There have also been questions about the future of
work where machines would take over jobs that are meant for
humans. While this is not the space for this argument, it would
be helpful to mention that regardless of the development of
machines to do the work for humans, they still need to be
controlled by skilled humans. Thereby, pushing forward the
argument of upskilling in order to be relevant in the future of
work. Machines would be a huge plus for businesses, particularly
those in construction, retail, communications, banking, etc.
Already we are seeing a huge rise in the number of self-service
platforms owned by companies. Efficiency and speed are the key
attributes here, and they are much higher with machines when
compared to humans.
Cyber-Security: Perhaps one of the most overlooked aspects of
technology today is security. Many companies would rather
sacrifice the security of the organization and their customers
for profit. However, as more customers are becoming aware of the
digital threats around them, they are beginning to make their
purchasing decisions based on various parameters including
security. The General Data Protection Regulation (GDPR) is
evidence of the fact that consumers are beginning to take their
digital security much more seriously than ever before, and this
is bad news for businesses that do not invest in their cyber
security. More countries are beginning to develop their own
policies to protect the digital data of their citizens. Apple
recently included the option to disable tracking on their
iPhones, making it difficult for advertisers to track their
digital habits, eventually leading to the users being less
susceptible to hacking. Windows also recently introduced the S
mode which prevents Windows users from installing programs
outside the verified list of programs on Microsoft Store, simply
to protect their users. Every business therefore, should have a
policy regarding the safety and security of the digital identity
of their users or the business could lose trust and eventually
Cloud Platforms: Sometimes, it is hard to imagine that a couple
of years back, we were still using diskettes, memory sticks, CD
ROMs, Flash Drives and other hardware devices for storage. Right
now, having cloud storage is becoming a very important necessity
for both businesses and individuals. Asides from being an
additional security layer for your files and data, one of the
biggest benefits of the cloud platforms is collaboration; being
able to work on a particular file with various team members
without having physical access to each other or the file itself.
This helps team members to work from anywhere in the world on
the same file without losing time or quality of the job done.
With the amount of data that is available to businesses, cloud
computing provides a more effective way to process, explore and
store the information.
Automation: Automation offers a systemic and business-driven
method to discover, evaluate and automate as many operations as
possible. With automation, businesses would be able to focus
more on strategic thinking to help the organization grow.
In conclusion, it is important to note that despite the importance
of technology in businesses, it does not replace the business
processes, rather it makes them more efficient. You should,
therefore, not jump on any technology because it has worked for
some companies, instead, whatever technology you choose to work
with should be based on the uniqueness of your business and
operations. If you need further help in implementing technology in
your business, send us an email or send us a DM on any of our
social media platforms and we would respond in no time.