Emerging Technologies That Will Shape Digital Transformation In 2021

Rajan Sarma | Wednesday, 23 December 2020, 05:28 IST

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The year 2020 has been quite a turbulent year. The world economy was hijacked by the sudden onslaught of the Covid-19 Pandemic. The resulting chaos paved the way for a number of emerging technologies to take the driving seat. Business enterprises from across the globe started accelerating their inevitable digital transformation journey. Integrating new technologies into the business models is now the main incentive for companies to succeed, innovate and grow.

With 2020 finally coming to its conclusion, and as we enter a new year, here we look at the new technology trends that will shape digital transformation in 2021:

Expanding endless possibilities with Cloud

Even before the outbreak of the Coronavirus Pandemic and its subsequent domino effect, Cloud had already been a well-established technology across many industry verticals offering improved scalability, agility and cost-effectiveness. In a simple layman’s perspective, Cloud technologies allow easy and secure way to store and access data from anytime, anywhere from servers hosted over the internet.

However, with the outbreak of the Pandemic, Cloud native applications helped businesses build a layer of resilience after the sudden shift in work habits across the globe. This has sealed Cloud’s fate as one of the most essential technologies to grab on to. Hence, the re-emergence of Cloud technology boosting the digital transformation journey for business enterprises.

Also have a look at: Cloud Computing - Acting as A Business Booster

AI and Machine Learning to reign supreme

In the upcoming years ahead more companies are predicted to become platform driven digital businesses, and as a result, investments in automated solutions driven by AI, ML and Automated Robotic processes have also witnessed tremendous spurt. In essence, AI driven automated solutions is the future humanity is heading towards. These emerging techs not only solve operational efficiency by routinely completing repetitive and predictable tasks but also helps in improving user experiences a great deal.

Looking forward to what seems an extremely uncertain future with a new strain of mutated Covid-19 ravaging Europe, expect businesses to continue investing upon AI driven solutions in 2021. We are surely but steadily entering into a new paradigm where automation will become the new business imperative.

Also read: Artificial Intelligence is Remodeling these Five industries. Are You Prepared?

                   Deploying Robots Successfully

A connected world overseen by 5G networks

Internet of Things (IoT) is going to play a crucial role in the automation process and make more information available for business enterprises. Coupled with the introduction of 5G networks this 2020, IoT will become more intertwined with AI and deeply embedded with organizational structures. Since, unlike its predecessors 5G is not only about blazing fast speed, 5G networks can also be connected with IoT devices. Organizational and operational structures across business are set to become smarter and intelligent with minimum human intervention this coming 2021.  The big transformation for IOT devices will be that it would not be just a data collection unit but will transform itself into a decision-making entity.

  Take a more in-depth look: The Impact of 5G on AI

Augmented & Virtual Reality

The introduction of the Augmented Reality game Pokémon Go generated a huge buzz back in 2016 when it was first launched. Since then, the field of AR & VR went under the rather in the mainstream mind. However, Virtual & Augmented reality as an emerging technological field was growing at a steady speed. With the Covid-19 Pandemic outbreak, both AR & VR and especially Augmented Reality saw some of the most innovative use cases this year. E-commerce giants such as Amazon and IKEA to name a few, incorporated AR in their customer engagement processes, where consumers could try out their clothes, accessories or furniture layouts in an AR based experience. Similarly, AR & VR techs disrupted the Real Estate sector with the introduction of Virtual tour of properties during the lockdown phases of the Pandemic. These innovative use cases are set to be adopted by more players across industry verticals in the year 2021.

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