The year 2020 was marked by the Covid-19 pandemic, a phenomenon that reached the whole world, affecting entire economies, accelerating processes, and significantly influencing consumer behavior. The business sector is one of those that have absorbed the adverse effects of the pandemic from an economic point of view. However, the current year has also marked the technological advances, where several companies have achieved incredible results, adopting practices and processes aligned with the needs of the moment.
Currently, every industry is experiencing a sea change. Thus, the year 2021 will be a crucial year, where digital technologies will play a significant role in overcoming the challenges that the world is facing, such as remote work through new forms of interaction in public spaces.
So, here is a list of some trending technologies that will play an essential role in 2021 for the recovery of organizations.
Five years ago, the intelligent world gave an outlook on the fifth generation of cellular network technology. Now, the time has come - the network operators in many countries are building and expanding their 5G cellular networks at high speed. 5G is the fifth generation of wireless communication technologies and standards, i.e. this network will be used by mobile devices to connect to the Internet from anywhere. It is an evolution of 4G technology that will revolutionize communications and through which we will enter a new terrain of hyper connectivity.
With 5G, it is not only possible to significantly speed up data transmission, but it also allows the development of mobile applications for sectors that previously remained on the sidelines, precisely because of the excessive latency of 4G. For instance, areas such as the Internet of Things, Virtual and Augmented Reality, the sector of data security, health, and 3D games for which the combination of low latency, high bandwidth, and density connections guaranteed by 5G will offer valuable opportunities in 2021.
Cyber security doesn't seem like emerging technology since it's been around for a while, but it's evolving in the same way as other technologies. With the imposition of quarantine and social-distancing norms, people are now spending more time on the World Wide Web, migrating consumer behavior to the digital world. And, this is where security becomes an increasingly pressing need.
Cyber security will be an area that will become more practical and, consequently, more efficient, ensuring high levels of protection in virtual and digital applications. It will allow companies to move permanently to the cloud, reinforce telecommuting, and guarantee a more complete user experience for all users. As of the growing trend, the need for cyber security professionals is also growing. The number of cyber security jobs is growing three times faster than other IT jobs. Besides, the need for adequate cyber security is so great that $ 6 trillion will be spent on cyber security worldwide by 2021.
The cloud has proven to be very useful to bring businesses of any size to a delocalized model in a fast and agile way. By adopting collaborative tools, organizations have made it possible for workers to carry out many of their tasks, even from equipment such as Chrome books, without any higher requirements than a fast and low latency Internet connection, either fiber or 4G / 5G.
Furthermore, companies have been able to bring their products and services to the ecommerce space without investing in proprietary IT infrastructures, adopting scalable and progressive investment models capable of dynamically adapting to demand. The cloud and "as a service" model has been essential for small and medium-size businesses. For example, take platforms like Zoom or Microsoft Teams that has quickly become a household name during the pandemic. This is because of its cloud-based nature and partnerships with the service providers; it has been able to increase capacity to meet demands.
This trend will continue in 2021 to maintain business continuity in times of confinement and mobility and schedule limitations.
It is a very recent and emerging trend that refers to the use of personal data on biometrics, sensors such as those in activity wristbands, data on driving styles in vehicles, daily activity routines, etc., to offer personalized services already measure. For example, a person with frequent physical activity could benefit from their health insurance rewards. A driver with a restrained style, without fanfare, or events involving irregularities in driving could benefit from discounts on car insurance.
According to Gartner, by 2025, more than half of the population would be using products or services from this IoB.
With a global pandemic, a return to normalcy may take a little longer to arrive. Maybe the world will never go back to the way it was before. The pandemic has shown us how life can work virtually. With new technology, it will be interesting to see how organizations adapt to this new normal. As we all continue to work from home and try to figure out how to end this pandemic, digital technology will only continue to advance in the future.
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