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Future Business Trends in Tech: Looking Forward to 2025 By @Stratustician | @CloudExpo #Cloud #BigData

We’ve seen the impact the four tech mega trends have on the way organizations operate

Future Business Trends in Tech: Looking Forward to 2025
By Andrea Knoblauch

When it comes to how trends like Big Data, mobility, cloud computing and social networking have impacted organizations, it’s clear that it has led to a large shift that has paved the way for a new market of startups who boldly embrace these trends and other organizations who are still struggling to keep up. But these trends have only started to pave the way for what we might see in the next 10 years, and the future is exciting.

We’ve seen the impact the four tech mega trends - Big Data, Always-Connected Mobile Devices, Social Networking and Cloud Computing - have on the way organizations operate. These trends mean they now need to be able to not just spot new opportunities, but also be able to innovate in an agile way, demonstrate transparency and trust, and deliver a unique and personalized user experience 24/7 in real time. These changes have had a significant impact in how the global economy interacts between customers and organizations across all platforms both physical and digital.

These tech mega trends are also the precursor for five key directional shifts that we expect to see before 2025, starting off with the shift towards a new Information economy where data will be traded like a commodity in exchange for services, much like we see today with “free” services like Google. While we hope that data will remain with their proper owners through encrypted ecosystems, the importance of data will make it a valuable asset in the future.

Experts also anticipate a move towards a Networked Ecosystem, a context-aware and responsible environment that will see an influx of sensors and interconnected devices to create an always-on world that is aware, responsive and informed. We’ve seen the early rise of the Internet of Things start to pave the way for this change, but this trend will increase and become more pervasive, with more extensions of this technology becoming more engrained into our every day lives.

The third area has to do with Augmented Decision-Making capabilities enabled by AI systems. These AI systems will focus on analytics to help gain meaning from data such as machine intelligence, predictive analytics, computational and virtual simulations and autonomous algorithms, and turn it into meaningful insights to help us sort through all that Big Data. We’ll also see the advancement of new user interfaces such as those with natural language to help with smart automation in all kinds of work.

Multi-Sensory Communication slots in at number four, with a nod to the latest and greatest in virtual reality. But while most interfaces currently rely on audio for communication such as voice recognition technology, we anticipate a day in the near future where typing will become obsolete in many devices. Imagine instead of reading about a vacation destination, simply putting on a VR headset and being whisked away, with the right smells, humidity and temperature perception built in! We’re not too far off, and we expect to see this market only continue to surprise us with new advancements.

Lastly, but not least important, is the trend towards Privacy-enhancing technology to help consumers achieve privacy fairness. Not surprising that a lot of the technology trends that I covered earlier means more pervasive information, so it makes sense that as these trends start to gain traction, there will be a push for advocacy on behalf of users to ensure that data collected and used remains secure and private. Demonstrating transparency and trust will be a key priority for businesses, and we might see a premium paid for solutions that can provide proof of these controls being built in. The public has lost a lot of faith when it comes to privacy, and it tends to limit the scope of research and innovation since many consumers are weary of devices that they cannot control how data is collected. By building security and privacy into the core of all devices and algorithms we can ensure that these devices are indeed able to help benefit users, but also provide protection that the data used is not going to negatively affect users.

There is a huge shift in technology coming to what many call the “Third Platform” which will see more analytics, more connected devices and more social media. This will no doubt continue to affect how organizations will need to transform in the future to keep up with the market. It’s also going to bring a ton of opportunity for innovation and advocacy and I’m excited to see what will come from this industry shift.

The post Future Business Trends in Tech: Looking Forward to 2025 appeared first on Cloud Best Practices.

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