Today’s world depends heavily on digital, and the role of IT in it is more critical than anything. Efficient digital transformation supports quicker deliveries of advanced services and processes.
However, only about 30% of companies navigate a digital transformation successfully. It doesn’t happen at once. The key to digital transformation is to get the success factors right. Businesses should focus on new products, improved processes, and the development of end-to-end customer experiences.
Here’s the list of the top 10 digital transformation trends that will propel great changes in the business landscapes worldwide and have the power to reshape your business platforms taking them to newer heights.
Hyperautomation in 2022 will combine technologies like Robotic Process Automation (RPA), Artificial Intelligence (AI), and Machine Learning (ML) to process information in more impactful ways, improving quality and increasing overall productivity. It will also offer real-time, continuous intelligence with improved analytics to further enhance operations and processes.
- Faster Connectivity - 5G everywhere
5G is gaining more prestige every day. It is quickly becoming the network of choice for forward-thinking companies, largely due to its reliability and performance.
While 5G deployments in the sub-6GHz bands have remained on track globally, more complex 5G millimeter wave deployments have significant growth potential. This trend is already changing, and we will see it happen even faster in 2022. We might expect an acceleration of 5G millimeter wave deployments in urban and densely populated environments, alongside continued rollouts of low-band 5G expansions into rural markets.
However, there’s more to 5G than faster download, upload, and streaming speed. It’s a technology that will allow other technologies to thrive. 5G also offers low latency, facilitates dense deployments, and improves cellular technology in general. With this, incorporating the Internet of Things (IoT) and cloud-based systems into your workflow will become simpler and more affordable.
- Increased Investment in ML and AI
Three main factors make ML and AI great force multipliers when it comes to data analytics: the speed at which AI can process vast amounts of data, regardless of how complex they are; the way ML can automate a lot of the tasks involved in the process; the fact that AI and ML become better at their jobs for each iteration. The work that many organizations continued in 2021 with new use cases for AI will continue to expand as organizations realize the power that AI can hold for solving problems better, faster, and at scale.
- Multi-cloud environment will continue to grow
Cloud adoption is steadily on the rise. Multi-cloud or connected cloud is becoming popular among companies from different sectors. It allows businesses to adapt to fast-changing business requirements, including cloud storage, security, and networking.
Multi-cloud systems will also be one of the most significant digital transformation trends in the future because of their ability to distribute cloud applications, assets, and software across various cloud platforms. The transition from hybrid cloud to multi-cloud will be accelerated in 2022, driving this trend forward.
- Cybersecurity Mesh
Companies that want to adopt digital transformation trends will focus more on developing robust cybersecurity strategies. Cybersecurity mesh is a form of architecture that provides an integrated approach to security IT assets no matter their location. It provides a more standardized and responsive approach to cybersecurity by redefining the perimeters of cybersecurity to the identity of a person or a thing. This is a pathway to reduce the financial implications of cyber incidents by 90% in less than two years, according to Gartner.
- Smart Cars and Smart Cities
Smart cars and infrastructure development in smart cities are in hyperdrive. There are plenty of players making this happen - it’s going to be good for sustainability and the future of automotive. Companies such as Tesla, Plus, Mobileye, NVIDIA, Luminar, and Qualcomm are all advancing software-defined vehicles.
Cities around the globe are also improving their infrastructure to support smart cars and the connected networks of IoT sensors that are improving our daily lives. More charging stations, better public connectivity, and other technologies will continue to emerge over the next year - and in more areas than just heavily populated metropolitan cities.
- Composable Applications
The idea of composable applications highlights that the functional blocks of an application can be decoupled from the overall applications. The component parts can be more finely tuned to create a new application that is of greater value than its monolithic predecessor. Gartner notes that companies that leverage composable applications can outpace their competition by 80% regarding new feature implementation.
- Work from Home
Many surveys and studies conducted by various companies report that the 'work from home' concept is here to stay for long. Those who embraced digital transformation early on are better placed to weather the harsh economic effects of the pandemic.
September is an important month for the announcement of Zoom, Poly, Cisco, Microsoft, Google, and Salesforce. We can see software and hardware tools that improve the level of collaboration in various meetings. For example, AI cameras and collaboration systems equipped with artificial intelligence can more accurately identify speakers; peer mode will provide all participants with a standard equipment experience. With cloud PC products, VDI experiences, and more tools, the workplace will no longer be an issue.
- More Use Cases for Blockchain
Blockchain is one of the most innovative digital transformation trends in financial services. Its transparency provides a virtually fool-proof security measure that could change the way payment transactions are done.
Developers are converting Blockchain into a plug-and-play type of technology, so we can expect more ways to apply it other than cryptocurrency. AWS, MS Azure, Samsung, Alibaba, and other global leaders are looking for a way to democratize Blockchain. They do this by offering it as a subscription-based Blockchain-as-a-Service platform.
Other use cases of Blockchain, such as food safety, real estate management, and intellectual properties, are surfacing. Considering its capabilities, the expansion and exploration of blockchain across different industries will continue to flourish in the coming years.
- AR & VR for Education
Businesses and consumers aren’t the only sectors that are enjoying rapid advancements in technology. There are various digital transformation trends in education, as well. One of the most “next-gen” among them is the integration of Augmented Reality (AR) and Virtual Reality (VR). By 2024, the market value of VR/AR technology is estimated to reach $72.8 billion, for a robust 54% CAGR over the 2020-2024 period.
Through AR and VR integration, classroom learning can be more engaging, informative, and fun. These technologies can revolutionize learning. That’s why it’s not a surprise why major companies pay attention to this trend. There’s already a right amount of services being offered related to VR/AR for education. These include Google Expedition, Unimersiv, Lifeliqe, and Cospaces.
In 2022, COVID-19 will continue to impact the way companies do business, and the way employees work. While the core techs are still there (AI, 5G, etc.) we’ll be seeing many of them in a new light.
When approaching digital transformation companies should look at industry trends and disruptions. Adopting and integrating them into their businesses can build a strong online presence to deliver the best customer experience.