The thing about the trend of digital transformation is that sometimes they move like jaggery, and other times they skyrocket in new and unexpected directions. But over the years, most of the discussion about the previous year’s digital transformation trends were beginning to feel a bit repetitive. While similar technologies that dominate these discussions will remain relevant to our collective digital transformation journey, 2020-21 will be defined by a brand new class of technologies ready to graduate on stage at the center.
Digital transformation has become a trend for the past years and has started to kick into high gear. Digital transformation must be included to evolve in every company’s vision.
Big Data Analytics:- The demand for Big Data Analytics is tremendously growing which helps organizations to make informed and accurate business decisions with ease.
It has been tremendously used in supply chain analytics to enhance decision making. It provides operational improvement and new opportunities for companies to provide better earnings across the industries.
Advantages of Big Data Analytics
- It can analyze information immediately and make decisions based on what they’ve learned.
- This technology brings significant cost advantages when it comes to storing large amounts of data.
- Big data analytics accelerate business productivity with highly scalable data processing environments across boundaries.
Blockchain Beyond Crypto:- Block-chain is the newest digital trend that keeps the records of money transactions and related data in a secure, transparent, and immutable way.
In 2020-2021 will prove the demand for this leading technology. Smart technology undoubtedly energizes new aptitudes and provides unlimited business profits.
AI and Machine Learning:- AI and machine learning to be able to process the complex and sophisticated amounts of information and data sets you are collecting.
XaaS:- Everything-as-a-service represents the vast potential of on-demand cloud services and it will gain even more momentum in even the most hardware-driven industries/sectors of technology.
It can avoid bearing capital expenditures by renting computing services from a cloud provider. A company that is supported by the service providers can quickly access the technologies.
Natural Language Processing:- It is about developing applications and services that are able to understand human languages. It is a sub-field of linguistics, computer science, information engineering, and artificial intelligence concerned with the interactions between computers and human languages.
Internet of things (IoT):- Today, the Internet is not just connected to computers or smartphones. It has become an integral part of many devices that enhance communication with ease and simplicity.
It helps people to live and work smarter which aids complete control over their lives.
Every major tech company has already figured out that the future is in data—most specifically, the real-time processing of it.
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