Friday, May 28, 2021

The biggest tech trends of 2021

 

Technology has great disruptive potential and sets the stage for innovation for years to come. Companies must examine the impact of technology trends and adapt their business models and operations, or risk losing their competitive advantage to those who do. But what technological trends will shape the near future?

2020 has closed with figures to forget, but with necessary advances such as the boom in digitization and teleworking, supported by tools that have become everyday such as videoconferencing solutions.

Everything indicates that 2021 will be a year of growth. According to the OECD , the forecast is that on a global scale the economy will grow just over 4% and the local forecast, according to the Bank of Spain , is that GDP will rise next year between 4.2% and 8%. 6%.

The impact of the socio-economic crisis will be felt in all sectors, also in IT. According to IDC predictions  , in Spain we closed 2020 with IT spending that will reach  45.3 billion ,  4.1% less  than last year. And  2021 will close with an investment of 44,900 million euros, with a decrease of 0.8%  compared to the year that now ends.

Technology trends for 2021

Hybrid work

Obviously, in 2021 we will continue to combine face-to-face work in the office with remote work from home. IDC claims that 30% of employees will work from home in 2021 and Gartner estimates that in 2023 40% of organizations will combine physical and virtual work to increase employee productivity and improve customer contact.

Hybrid work entails a series of technological needs:

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  • The automation of business processes through, for example, document managers that digitize key company processes such as supplier invoices or HR management. We will also see a rise in RPA (robotic process automation) for simple and repetitive administrative tasks, but also for more complex business processes, thanks to the use of AI and machine learning.

In this sense, IDC predicts that in 2022, 45% of the repetitive tasks of large companies will be automated and / or increased through the use of “Digital Coworkers”, fostering human-machine collaboration. Likewise, the consultancy estimates that the market in EMEA for intelligent process automation software will grow until 2023 with rates above 15%.

in addition, the consulting firm also highlights the trend towards total experience . That is, the creation of immersive and multi-experience environments that improve the user, employee and customer experience. In fact, he estimates that by 2024 organizations offering a total experience will outperform their competitors by 25% in employee and customer satisfaction.

And it is that digital experience platforms such as Liferay create and enhance the relationship with customers, partners and employees in a more flexible way and adapted to their requirements, using external and internal tools that facilitate the personalization of services and content through data analytics. . In this way, the relationship with all of them is improved, generating more trust and empathy. Not surprisingly, the annual growth rate of the digital experiences market is expected to reach 18% in Europe by 2022. which translates into a business volume of about 30,000 million euros.

Sustainability

The confinement and slowdown in activity caused by Covid-19 has revealed the effects that the current socioeconomic model has on the environment. The near future will be marked by the reduction of business trips and office activity by 50% and 30% respectively, according to Bill Gates .

For this, remote collaboration and communication solutions through videoconferencing are essential . These allow all team members to interact, wherever they are, remotely or in person. In addition, integrated into the collaboration platforms , they allow sharing and managing all corporate information in an agile, efficient and secure way, to boost company productivity.

Another technological trend linked to sustainability is the search for more environmentally friendly digitization solutions and services , which include the reduction of natural resources and the reuse of materials.

Cybersecurity focused on the personal perimeter

Without a doubt, in 2021 ransomware and phishing will continue to be one of the star cyberattacks, together with attacks on VPN networks. Companies must take measures to protect themselves and use secure and up-to-date business devices , so an increase in investment in this area is expected.