Impact of Technological Trends on The Market

Technological trends are generally accelerating the three primary characteristics of the digital era: granularity, speed, and scale. moreover, these changes are opening up new opportunities for businesses, innovations, and business models due to their magnitude, these new technologies are launching into the market with their promise of changing business, and the constant stream of new products and technologies can easily numb us, It is no longer a matter of media revolutions as before, but rather it has become a trend that opens the way for research and development to provide more and more.

How do Business Users Interact With These Trends?

Our usage of the Internet has changed dramatically since its start thirty years ago, making entry into the digital world challenging. These accelerations can be reflected in the nature of work and the tools used in the workplace, and for sure companies seek to follow these accelerations and reflect them in their workplace. A lot of the innovations we are seeing today are a result of continuous efforts to reshape the business in an easier way, more flexible, and more professional, each hour is an interesting new drama that is capturing everyone's attention for the future of technology.Businesses are just starting to truly realize the high value of digital presence, as the use of digital tools in the business world has proven multiple benefits such as Increased efficiency, greater business flexibility, and for sure the unlocking of new value for employees, customers, and shareholders. Also, technology is often launched with specially targeted advertising campaigns for business users who intend to expand and digitalize their operations in an effective manner. We argue that something significant is taking place based on our review of some of the most influential tech trends.

Most Influential Trends for Future

Businesses that are not prepared well for the future of IT will experience unprecedented challenges, In return, countless opportunities will be available too! for who? for the first adopters of the following trends:

Artificial Intelligence

Artificial intelligence is the development of computer systems to be able to perform tasks normally without human interaction in an advanced manner, such as visual perception, speech recognition, decision-making, and translation languages.

Artificial Intelligence Uses

Until today, artificial intelligence has been implemented in the supply chain, product development processes, and operations by automating everything in a professional manner, reducing the rate of error, increasing productivity, and time-saving, but AI still has a clear opportunity to expand in all applications even in the most complex operations.

New Trends For AI in The Future

AI is expected to increase the development in voice and image recognition using machine learning and deep learning algorithms to have a better recognition technology to upgrade robotics, drones, self-driving cars, and a lot of examples, Where it is expected that improvements will expand in defining the biometrics more and this includes ‘’Behavioral biometrics’’ Which works to identify individuals through their behaviors, way of walking, tone of voice, and many biometrics that are being tested now.

What can Happen Next?

Basically, AI providers seek to involve AI in many areas such as health, education, security, transportation, and identity verification. Many critics have pointed out the failure of artificial intelligence to achieve satisfactory levels of human intelligence or to close the distance between them, as the statement related to the creation of a system of intellectual and emotional artificial intelligence is still unable to develop for this moment, the predictions that there will be a glimmer of hope is increasing to provide a satisfactory level of Artificial intelligence, which mean the real opportunity to achieve high levels in ‘’Computer Thinking’’ and make it more valuable for users.

IT as a Service

A perpetual-learning culture and innovation push IT to the edge, which changes the role of IT dramatically. Managing the technology of an organization as a center point won't provide the required support to this dynamic environment. In the future, IT will be expected to enable innovation, rather than just protect big tech assets, It will have to shift to delivering small blocks of code, Providing people with the skills to build their own ideas and transfer them to useful products and this will be the gold standard of IT effectiveness in the future.

What is IT as a Service?

IT as a Service refers to a technology-delivery method that treats IT as a service and provides these technologies to enterprises with the right amount of hardware, software, and support services for an agreed-on monthly fee, IaaS may concern creating, storing, exchanging, and using business data.

The Position of IaaS in The Future?

In the future, it is expected that companies will be free from the concept of having an IT department, as IaaS today provides the possibility to make the entire company able to minimal upfront IT investment, and redirect these investments on the Research and Development of products, It is also possible to provide Low Code technologies as IaaS to deal with launching applications and websites easily.

Low Code Technologies As IaaS

Low Code technology refers to the free-coding concept which gives the ability to launch a greater number of products, access the market faster, and increase levels of creativity more than traditional companies. It is also expected in the near future and by 2025 that companies will adopt low-coding technologies and focus on training employees to use them instead of hiring specialists, in order to make the work environment more interactive, regardless of the different specializations of employees, and also provides the opportunity for flexible and remote work, which may change the internal systems and the recruitment process alike.

GIG Economy and Remote Working

GIG economy is not a new phenomenon, it describes the labor market characterized by short-term contracts or freelance work as opposed to permanent jobs, Which means more free time and remote work, GIG gives more space for workers to take on multiple projects from different companies and increase their income, many job seekers shift to the GIG market today, It has proven its effectiveness during a period of examination that extended over the past years, the reason why the GIG economy has been under scrutiny for the past years is that technology has lowered barriers to entry into the GIG market and it has become easily accessible to an unprecedented number of people. Many organizations, including governmental and private, are working to adopt the concept of the GIG economy by providing technological infrastructure to facilitate people's access to these markets.

How GIG Economy Can Be One of The Trends of The Future?

The increase in demand for digital services is associated with the increase in the number of digital products available in the market, opening the doors to the GIG economy to expand in many countries and to be adopted because of its increasing growth, as well as its ability to expand globally and to increase income for workers. Also, remote workers will have more skills to learn and upgrade their ability to perform their tasks more effectively. Therefore, it's expected that the GIG economy will become a trend associated with technological development in the coming years.

Multi-Cloud Environment

While predicting the future in IT is difficult, there is one thing we can be certain of, cloud computing will be an increasingly important aspect of your work and how you work, Multi-cloud refers to the use of cloud computing services from at least two cloud providers to run their applications, using multi-cloud can offer many opportunities to increase the IT agility and flexibility, giving you the chance to have the best from each cloud, increase security, avoid vendor lock-in, and cost reduction. Multi-cloud offers an innovative technology that is predicted to be a future trend and highly demanded by companies.

Digital Skills Required for the Future

All the above trends are predictions of the future shape, which we are part of it, we need to be ready with skills. Simply, any skill that helps you follow up on the digital market is a plus, more skills mean additional income, keep up with trends, and add value to your business.

Data Science and Analytics

To empower yourself to be one of the Data scientists, you need to work on your mathematics, statistics, and analytical approach to solving problems related to data this will help you in using tools related to analyzing the big data from customers and enhance your decision-making processes.

User Experience

In the IT industry, user experience (UX) has become the most important skill to possess because it leads to greater customer engagement, you need to understand users' behaviors and expectations toward what you offer to them, and this will reflect on your applications and websites and how to launch them within users expectations.

Content Creation

The way of your write and present your content plays a key role in increasing your presence in the digital world in a high-quality manner. It is very important to have the standards of writing content to improve your appearance in search engines and to present your products in a highly professional manner.

Conclusion

Of course, the future of IT is so bright, despite the high number of challenges, there is no doubt that it will be handled, and a new era for digital life will be in all sectors, moreover, preparing for the future trends from now will open the opportunities, don't miss them!