View | The seven top technology trends to watch out for in 2022 – CNBCTV18

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By CNBCTV18. com Contributor   IST (Updated)


Expect this year to refine our expectations about technology, challenging all our own previously held assumptions and creating new pathways to the future.

Last year offered us an opportunity to rethink, reshape, plus re-strategise. The particular way we live, and work has fundamentally been altered. In what was a pivotal year, more companies realised that technology must form the bulwark of their business. Innovation must go together with flexibility plus adaptability in this COVID-dominated world.

I expect this year to refine our expectations about technologies, challenging all our previously held assumptions and creating new pathways to the future. Here are some trends that will most likely dominate.

Insights-led companies will increase their chances to beat the competition

The use of AI-powered real-time systems is expected to grow by 20 percent within 2022, removing the latency between insight, decision, and results: Forrester Research.

What does that tell us? That this particular year, obtaining meaningful insights will be more critical than ever before. But–and this is not a small but–obtaining data information will get tougher along with data deprecation and opaque AI. Brands that collect zero-party data will double in 2022.

I believe that will businesses that focus on ensuring a seamless flow of insights between the different layers associated with marketing, support, or product will do very well this year. If you don’t have the Chief Data Officer, We suggest adding one soon to your organisation. Moving even beyond this season, Gartner expects a lot more than a third of large organisations to have analysts who practise decision intelligence, including decision modeling.

Tactical automation is table stakes; 5% of Fortune 500 firms will focus on extreme automation

As much as 15 percent associated with automation COEs will broaden their scope to include AI-led initiatives in 2022: Forrester Research.

Over this particular year, I actually expect more Chief Automation Officers to be appointed, who would move from the current tactical view of automation to a more strategic and business-oriented view.

Hyper-automation has rapidly changed from a nice-have to some must-have because of this pandemic’s  enforced push in order to digital businesses.

Gartner expects hyperautomation to be a top trend for 2022 as well. The research firm had made the term one of its top concepts last year. Study from your company values the particular hyper-automation market to exceed $596 billion in 2022.

Hyper-automation will gain prominence. It’s to be anticipated from the digital native organisation. And it will certainly stay with regard to a while to come, even beyond 2022, because while data-driven software is disruptive, it is certainly not a speedy process.

The multi-trillion-dollar metaverse market is here

Over the coming decades, I expect the metaverse to become a multi-trillion-dollar industry, a powerhouse of the particular global economy. Facebook, or Meta as it’s known now, offers said that it would invest more than $10 billion dollars for its vision of metaverse. More companies will join in this year.

As utopian as the concept of metaverse sounds, it only serves to establish what is increasingly our reality: a hyper-connected augmented environment spread globally powered by the incredible power of AI. It is expected that will large businesses will quickly introduce bias bounties in order to improve their AI models. I would call this concept somewhat similar to the bug bounties associated with yore. In CX, companies will be looking to the particular metaverse to deliver new, exciting customer experiences, especially given how nicely the metaverse integrates with virtual plus augmented fact.

Forrester Analysis estimates more than 5 deployments of enterprise metaverse in 2022. We have seen glimpses of that through Ikea’s Everyday Experiments and Snapchat’s AR Lab. This year may immerse all of us more within this new world.

I can’t wait regarding that brand new world to unfold.

Tech debt will worsen in the face of rapid tech acceleration

Yes, the particular pandemic accelerated large-scale digital transformation and drove phenomenal growth in technology businesses. But because more plus more companies seek in order to modernise, what’s becoming apparent is that will tech financial debt could offset all the gains from that process. This tech debt can stifle innovation, resulting in a more prolonged impact on revenue.

Organisations must quickly establish a way to move away from legacy tech and develop adaptive technology that will can match the pace of transformation. Prioritising the speed of IT modernisation over maintainability can inflate technology debts. To cope along with this, We expect a lot more businesses to utilise low-code or no-code, cloud-first, plus platform-based tools to pay off the technical financial debt.

Half of enterprise  organisations  will adopt cloud-native and containers

Cloud truly matured in 2021. We saw an boost in the use of server-less from 26 percent within 2020 in order to 32 percent in 2021. Gartner estimates that by 2025, cloud-native platforms will certainly act since the foundation intended for more compared to 95 % of electronic initiatives. That’s a dramatic increase when you consider that it was less than 40 percent in 2021.

One associated with the key things you will notice this season in cloud may be the particular use of business clouds. Industry clouds are of particular interest to me because they have the extraordinary potential to create business value. With industry clouds, companies can not only accelerate the particular pace of cloud migration but also directly influence business outcomes. Expect many organisations in order to adopt micro services, server-less technologies, essentially making cloud-native architectures as mainstream.

As cybersecurity concerns loom, adoption associated with privacy-preserving technologies will dual

Decentralised digital identity (DDID) will become a reality in three industries: Forrester Research.

Is DDID another passing buzzword? No . Forrester believes that this emerging model of DDID can go on to replace the models that exist today. DDID adoption has been slow. But I think this year will be when businesses should prepare to get the rapid adoption associated with DDID and its potential for disruptive impact.

The 12 months 2021 was quite a wild one pertaining to the cybersecurity space. CIOs must avoid any loss of trust from the privacy breach. Privacy-enhancing computation techniques, therefore , will gather momentum this season. That’s why Gartner desires 60% of large organizations to make use of one or more privacy-enhancing computation techniques by 2025. Also, companies that adopt a cybersecurity mesh architecture will achieve a significant reduction within the financial impact associated with security incidents.

ESG values will certainly dictate buying decisions in 2022, plus enterprises may be forced to listen

Companies can only ignore ESG values at their peril. Forrester estimations the number of businesses committed to The Climate Pledge in order to triple.

The market meant for responsible AI solutions, this adds, which are built on values such as fairness and transparency, can double this year. And AI can help ESG within many other ways as properly. AI, automation, and technology will allow companies to gather plus analyze large volumes of ESG information and enable leaders to make more informed decisions.

I furthermore expect the particular S in ESG, namely the social impact, in order to gain increased traction this season. Customers will increasingly assess how their own brands are usually dealing with community development or sustainability or measuring D& I actually metrics.

So, from insights to encounters, from data privacy to cybersecurity mesh, from tech debt in order to cloud-native, all of us have what promises to become one associated with the most exciting years in technologies.

— The author, Ajay Tyagi, will be Executive Vice-President, CSS Corp. The views expressed here are personal.