Top 10 Strategic Technology Trends For 2020
We are amidst the 4th Industrial Revolution, and technology is evolving faster than ever especially top 10 strategic technology trends for 2020. Companies and individuals that don’t keep up with some of the major tech trends run the risk of being left behind. Understanding the key trends will allow people and businesses to prepare and grasp opportunities. New and emerging technologies can change our lives. If they are used correctly, they can improve the way we live. If misused, they can create problems ranging from a small disturbance caused by automated software to a large scale security breach.
Rapid developments and adoption of these technologies in the enterprise are contributing to the digital transformation that slowly started some years ago. And so, year after year industry analysts identify the technology trends that will shape and disrupt businesses in the next few years.
According to industry analyst, research and consulting firms, a strategic technology trend has the potential for substantial disruption. A strategic technology trend is one that is beginning to break out of an emerging state into a broader impact and use. It can also be one that is rapidly growing with a high degree of volatility reaching tipping points over the next five years. Below are the most important top 10 strategic technology trends for 2020.
Hyperautomation takes applications for task automation to the next level. It enables the application of advanced technologies, such as artificial intelligence (AI) and machine learning, to increasingly automate processes and augment human requirements. This is one of the most important top 10 strategic technology trends for 2020.
In some cases, it can mean the creation of a digital twin of the organization – allowing visualization of how functions, processes, and key performance indicators interact to drive value.
But as no single tool can replace humans, hyper-automation will involve a combination of elements. Such tools include robotic process automation and intelligent business management software.
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From 2020 onward, multi-experience will see the traditional idea of computing evolve from a single point of interaction to include multisensory and multi-touchpoint interfaces, such as wearables and advanced computer sensors.
Over the coming decade, this trend will become what is known as ambient experience. But multi-experience currently focuses on immersive experiences that use augmented reality, virtual reality, mixed reality, multichannel human-machine interfaces, and sensing technologies. One of the most important top 10 strategic technology trends for 2020.
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The democratization of technology means providing people with easy access to technical or business expertise without extensive or expensive training. Already referred to as “citizen access”, this trend will focus on four key areas: application development, data and analytics, design, and knowledge.
Democratization is expected to see the rise of citizen data scientists, programmers, and other forms of DIY technology engagement. For example, it could enable more people to generate data models without having the skills of a data scientist. This would, in part, be made possible through AI-driven code generation.
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The controversial trend of human augmentation focuses on the use of technology to enhance an individual’s cognitive and physical experiences. It comes with a range of cultural and ethical implications.
For example, using CRISPR (clustered, regularly interspaced, short palindromic repeats) technologies to augment genes has significant ethical consequences. Physical augmentation changes an inherent physical capability by implanting or hosting a technology within or on the body.
Applications include the use of wearables to improve worker safety in the mining industry. In other industries, such as retail and travel, wearables could be used to increase worker productivity. This is one of the most important top 10 strategic technology trends for 2020.
The evolution of technology is creating a trust crisis. Particularly as consumers become more aware of how their data is collected and used, organizations are increasingly recognizing the liability of storing and gathering data. But many are also using AI and machine learning more to make decisions in place of humans. This is one of the most important top 10 strategic technology trends for 2020.
This is a further cause of concern, which is driving the need for processes such as explainable AI and AI governance. This trend requires a focus on these key elements of trust: integrity, openness, accountability, competence, and consistency.
More legislation similar to the European Union’s General Data Protection Regulation is likely to be enacted around the world in the coming years.
The Empowered Edge:
The growing edge-computing trend is based on the idea that keeping traffic local and distributed will reduce latency. This involves a topology where information processing and content collection and delivery are placed closer to the sources of the information. This is one critical of the most important top 10 strategic technology trends for 2020
The empowered edge employs technology on the internet of things (IoT). This extends to the role of devices as the basis for smart spaces and moves key applications and services closer to the people and devices that use them.
By 2023, there could be more than 20 times as many smart devices at the edge of the network as in conventional IT roles. This is one of the most important top 10 strategic technology trends for 2020 & for the next decade.
The distributed cloud refers to the dispersal of public cloud services to locations outside the cloud provider’s physical datacentres, while still in the control of the provider. In the distributed cloud, the provider is responsible for all aspects of cloud service architecture, delivery, operations, governance, and updates.
The evolution from centralized public cloud to distributed public cloud ushers in a new era of cloud computing. The distributed cloud allows datacentres to be located anywhere. This is one of the most important top 10 strategic technology trends for 2020.
This solves both technical and regulatory issues, such as latency and data sovereignty. It also offers the combined benefits of a public cloud service and a private, local cloud.
Autonomous things, which include drones, robots, ships, and appliances, exploit AI to perform tasks traditionally undertaken by humans. This technology operates on a spectrum of intelligence ranging from semiautonomous to fully autonomous and across a variety of environments including air, sea, and land.
While currently, autonomous things mainly exist in controlled environments, such as warehouses, they will evolve to include open public spaces. Autonomous things will also move from standalone to collaborative swarms – such as the drone swarms used during the Winter. This is one critical of the most important top 10 strategic technology trends for 2020.
Enterprise blockchain today takes a practical approach and implements only some of the elements of a complete blockchain. Everyone with permission access sees the same information, and integration is simplified by having a single shared blockchain.
In the future, true blockchain or “blockchain complete” will have the potential to transform industries, and eventually, the economy, as complementary technologies such as AI and IoT begin to integrate alongside blockchain. Most important of the most important top 10 strategic technology trends for 2020
This expands the type of participants to include machines, which will be able to exchange a variety of assets. For example, a car would be able to negotiate insurance prices directly with the insurance company based on data gathered by its sensors. Moreover, blockchain will be fully scalable by 2023. This is one of the most important top 10 strategic technology trends for 2020.
Evolving technologies such as hyper-automation offer transformational opportunities in the business world. However, they also create security vulnerabilities through potential new points of attack. Security teams must address these challenges and be aware of how AI will impact the security space.
Future AI security will have three key perspectives: firstly, protecting AI-powered systems, securing AI training data, and training pipelines and machine learning models; secondly, leveraging AI to enhance security defense, and using machine learning to understand patterns, uncover attacks and automate parts of the cybersecurity processes; thirdly, anticipating nefarious use of AI by attackers – identifying attacks and defending against them. This is one of the most important top 10 strategic technology trends for 2020.
Here is the article about the Top 10 Digital Transformation Trends For 2020
Below is the link to a video by Edureka.
Top 10 Strategic Software In 2020:
These are the top 10 strategic technology trends report for 2020 which helps us frame questions about which technologies – AI, ML, cloud, etc. will dominate the future. Hopefully, the above article is helpful.
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