Top 10 tech trends to watch out for in 2022 – The National

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Global spending on digital transformation is predicted to jump 20 per cent annually to $1. 8 trillion next year, according to Statista.

Covid-induced market disruptions and widespread adoption of hybrid work models have accelerated the process. Many businesses are more inclined towards developing in-house technologies to reduce their dependence on third-party service providers and ensure they are less affected in case of future supply chain disruptions, industry experts said.

“Digital tech initiatives remain a top strategic business priority with regard to companies as they continue to reinvent the future of work … focusing investing in making their infrastructure bulletproof and accommodating increasingly complex hybrid work for employees going into 2022, ” said Jon-David Lovelock, research vice president at Gartner.

Amid the increasing electronic transformation budgets and emergence of latest innovations, The particular National looks at the particular 10 top technology styles for the year ahead.

The hand of a humanoid robot operates a switchboard during a demonstration by the German Research Center for Artificial Intelligence. Photo: Reuters

Generative artificial intelligence

One associated with the most powerful synthetic intelligence techniques coming to market is generative AI. It involves a set of machine learning methods that learn about content or objects from their data and use the knowledge to produce totally new and more realistic products.

Connecticut-based technology study and consulting company Gartner expects generative AI to account for nearly 10 per cent of all data produced, up through less than 1 for each cent today.

This technology can be used for a range of activities such as creating software code, accelerating brand new drug development and targeted marketing. However , industry analysts cautioned it can also be misused regarding scams, spreading political disinformation and producing forged identities.

Digital finance to become mainstream

Digital finance innovations, such as cryptocurrencies plus central bank-backed digital currencies (CBDCs), will boost financial inclusion and improve cross-border payments.

A Christmas tree in front of racks of illuminated mining rigs at the Minto cryptocurrency mining centre in Nadvoitsy, Russia. Photo: Bloomberg

In October, the particular International Monetary Fund stated it was looking at both the risks and opportunities that digital currencies pose.

Central banks across the world are usually increasingly assessing the potential of electronic currencies amid a growing interest in cryptocurrencies and other online payment channels.

The number of countries developing CBDCs has dramatically increased because consumers shifted to digital payments during the coronavirus pandemic, a report by Moody’s Investors Service said.

“For many consumers and businesses that made the switch to digital payments, there will be probably no going back, even if the particular pandemic-related concerns about the tactile nature of cash were to recede, ” Eswar Prasad, the professor associated with economics at Cornell University and author of the book, The Future of Money: How the Electronic Revolution is usually Transforming Currencies and Finance , told CNBC.

Autonomic systems

As businesses continue to transform, traditional programming or simple automation will not scale enough.

A robot displays Covid-19 protection instructions at Expo 2020 Dubai. AFP

Autonomic systems are self-managing physical or even software techniques that learn from their environments. Unlike automated or actually autonomous systems, autonomic techniques can modify their own algorithms without an external software update, enabling them to rapidly adapt in order to new conditions in the field, much like humans can.

“Autonomic behaviour has already made itself known through recent deployments in complicated security conditions, but in the longer term will become common within physical systems such since robots, drones, manufacturing machines and smart spaces, ” said David Groombridge, analysis vice chief executive at Gartner.

EV charging network interoperability

Electric vehicles are fast gaining popularity as government incentives and subsidies drive their own adoption.

An electric car is charged at a roadside EV charge point in London. Photo: Reuters

But charging is still a problem as public EV charging networks usually have a low level of interoperability – it involves different access methods, payment types and accounts.

UK-based Juniper Research mentioned it will begin to break down in 2022.

The world’s biggest ELECTRONIC VEHICLES maker Tesla is already opening its supercharger system along with other large charging networks are expected to follow, to make the technology mainstream.

“End users will gain significantly . they will certainly have better, more comprehensive charging network options, making EV ownership more viable, ” Kranewitt said.

“More EV getting networks may enable interoperability and work to develop common ways to access and pay. Vehicle manufacturers will offer aggregator apps that will enable easier charging options, ” it added.

Quantum computing

Quantum computers represent a massive acceleration in processing speed plus performance. It is expected to deliver extraordinary advances across a multitude of industries including pharmaceutical development, nuclear energy, materials science, renewable energy, climate change mitigation, sustainable agriculture and much more.

The world’s biggest economies – the US, Russia, China and Japan – as well as tech titans IBM, Alibaba, Google and Microsoft, are all battling intended for supremacy during a call. Companies like Visa, JP Morgan plus Volkswagen are also experimenting with early-stage quantum technology.

Within May, Google said this aims to build a commercial-grade quantum computer by 2029 that can perform error-free complex calculations in tiny fractions associated with a second.

In March, Abu Dhabi said it is going to build its own quantum pc, the first in the country, which will become able to procedure information from much faster speeds than classic technology.

A handout picture from October 2019 shows Sundar Pichai and Daniel Sank (R) with one of Google's Quantum Computers in the Santa Barbara lab, California, U.S. Picture taken in October 2019. Google/Handout via REUTERS THIS IMAGE HAS BEEN SUPPLIED BY A THIRD PARTY.

Hyperautomation

Hyperautomation is a process in which companies automate because many tasks as possible using tools like AI, machine studying and robotics.

It enables fast growth and company resilience simply by quickly finding, testing plus automating since many processes as feasible.

Top-performing hyperautomation teams focus on three key priorities – improving the quality of function, speeding up business procedures and enhancing the agility of decision-making, Mr Groombridge said.

By 2022, almost 45 per cent associated with repetitive work tasks will be automated and augmented by using digital co-workers, powered by AI plus robotics, according to International Data Corporation.

Gallery workers pose with the Ai-Da Robot at the Ashmolean Museum in the UK. Ai-Da is an ultra-realistic robot with artificial intelligence capabilities. Photo: EPA

Smart connectivity to drive development

Faster digital connections, powered simply by 5G and the Internet of Things, will unlock the untapped potential plus add in order to the world economy, industry experts said.

Ensuring faster contacts in areas such as mobility, healthcare, manufacturing and retail could increase the global gross domestic product by $1. 2tn to $2tn by 2030, based on McKinsey.

Cyber security mesh

Internet security mesh is a strategy that independently secures each device along with its own perimetre. Most of the traditional security practices use a single perimetre to secure an entire IT environment, but a cyber security fine mesh uses a more rounded plus an all-inclusive approach.

“Data is only useful if enterprises can trust it, ” Mr Groombridge said.

“Today, assets and users may be anywhere, meaning the traditional security perimetre is gone … this requires a cyber protection mesh architecture. ”

Workers on a 5G tower at Shougang Park, one of the sites for the Beijing 2022 Winter Olympics. Photo: AFP

By 2024, organisations adopting cyber safety mesh to integrate security tools in order to work as a co-operative ecosystem will reduce the financial impact of individual security incidents by an average of 90 %, Gartner predicted.

Supply chains to use latest technologies to become resilient

Covid-induced disruptions and cyber attacks have put the spotlight on the necessity to have a resilient network of supply chains.

Supply-chain internet security can become a concern for all industries, not just those that deal with the software directly, Juniper expected.

“Legislative pressure, particularly from the US, is driving cyber protection reform for the software supply chain … increased availability of AI, blockchain and other digital technologies will be leveraged for increased security following several high-profile data breaches in 2021, ” it added.

DUBAI , UNITED ARAB EMIRATES , SEP 20 ��� 2017 : - Guests watching the video presentation during the press conference of Kaspersky Lab regarding Cyber crime held at the Media One hotel in Dubai Media City in Dubai. ( Pawan Singh / The National ) Story by Nawal

Cloud computing

The pandemic plus the surge in electronic services are making cloud the centrepiece of new digital experiences.

In 2022, global cloud revenue is definitely estimated to total $474 billion, up through $408bn this year, according to Gartner.

“There is no business strategy without a cloud strategy, ” said Milind Govejar, vice president on Gartner.

“Cloud has enabled new digital experiences for example mobile payment systems where banks possess invested within start-ups, energy companies using cloud in order to improve their particular customers’ retail experiences or car companies launching new personalisation services for customers’ safety and infotainment, ” he added.

Updated: December 29, 2021, 10: 33 AM