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Technology Trends on the Rise

Technology Trends on the Rise

Technology Trends on the Rise

marketing - March 23, 2021 - Uncategorized

Technology trends today are evolving rapidly, with new innovations dramatically accelerating corporate digital transformation, enabling faster change and progress. 

IT companies have also aligned their managed IT services with emerging technology trends to serve the growing demand for IT support professionals. As technology continues growing, business owners who can’t keep up the pace risk being left behind.

To ensure your business remains visible and relevant, you need to stay informed on the upcoming technology trends. This article will discuss some top technology trends businesses can look out for in 2021.

Artificial Intelligence (AI)

Artificial intelligence has exploded in recent years and is among the ongoing trends that significantly impact the modern technology space. AI mimics human traits and actions to perform tasks and make decisions. 

Increased internet use has propelled AI into becoming an essential aspect of our everyday activities. More industries are now investing in AI as its uses have an immense impact on businesses. 

Some of AI uses include:

Email Filtering

Email service providers use AI to categorize and filter spam mail.

Fraud Detection

Financial institutions use artificial intelligence to detect suspicious activities in user accounts, such as fake identification, money laundering, and foreign transactions.

Personalization

You may notice that after purchasing online services like Amazon, you usually get subsequent recommendations of similar products. Such services use artificial intelligence to monitor your purchase history to personalize your experience.

Speech Recognition

Microsoft’s Cortana, Apples’ Siri, Google Assistant, and Amazon’s Alexa are examples of applications that use artificial intelligence to improve their speech recognition systems’ effectiveness.

Blockchains

The financial industry has adopted blockchain technology in a big way. Cryptocurrencies are projected to trade in a higher value within the next ten years. Apart from the fintech companies, more industries are expected to adopt the technology as it gains traction.

Edge Computing

Edge computing is a technology designed to bring computation and storage of data closer to the location where it’s needed, to save bandwidth and improve response times. It was developed due to the rapid growth of IoT devices and new applications that demand real-time computing power.

Edge computing reduces latency issues associated with cloud storage, affecting applications’ performance and output. Additionally, processing data locally can cut the costs of processing and storing data in a cloud-based location. 

If your business is yet to adopt edge computing fully, cloud computing remains a worthy option that managed IT services offer efficiently.

Cybersecurity

With the rise of the internet, data breaches and theft are constant threats to businesses. No matter the measures you put in place, hackers continuously devise new ways to interfere with your business data. Outsourcing data storage and network security to managed IT services can help you mitigate cybersecurity threats as you focus on other aspects of your business.

Conclusively, before adopting new technology, you will need to find out its impact on your businesses and customers. It is important to align whatever marketing strategy you use with the advancement of technology to ensure you gain a competitive edge in the market. 

Outsourcing IT operations to managed IT service providers is crucial when implementing new technologies because of the following reasons;

  • Compliance and security
  • Quick implementation of new technology
  • Increased efficiency and competitiveness
  • Control IT costs
  • Reduce labor costs

As the world continually shifts into the digital age, hiring an IT expert is increasingly vital for any business that wants to stay ahead of the competition.