2021 was a year marked by technical advancements. Advancements have shifted businesses towards a more automated and efficient approach and are paving the road for more connected enterprises with emerging technologies.
This, however, is merely the beginning. The tech trends of 2022 are brimming with “old acquaintances”. Similarly, cutting-edge innovations will further impact our daily lives, how we communicate, and how we work.
Despite the wide range of technology advancements forecasted for 2022, they all have one thing in common. That includes the tools and innovations aimed at accelerating digital transformation and enhancing efficiency and growth for all types of businesses. Digital surroundings are becoming increasingly important for productivity and customer loyalty.
1) Hyper automation
It’s the broadening of legacy business process automation beyond particular processes. Hyper automation offers automation for nearly any repetitive action performed by business users by combining AI tools with RPA.
It even automates automation by finding business processes dynamically and creating bots to automate them. Gartner named hyper-automation as one of the year’s top 10 strategic technology developments.
Hyper automation is a mechanism for true digital transformation. Tools like Robotic Process Automation (RPA), machine learning (ML), and artificial intelligence (AI) work together to automate complex business processes. This also includes where subject matter experts were once necessary.
2) Data Fabric
Data fabric allows for the flexible and reliable integration of data sources across platforms and business users. This ensures that data is available wherever it is needed, regardless of its location.
Data fabric may learn and actively indicate where data can be used and updated using analytics. This can help you save up to 70% on data management.
3) Privacy enhancing computation
Privacy enhancing computation protects personal data processing in untrustworthy contexts. This is becoming increasingly important as privacy and data protection regulations evolve, as well as growing consumer concerns.
Privacy enhancing computation makes use of a number of privacy-protection approaches to extract value from data while remaining compliant.
4) Predictive Analytics
Although it is not a new trend, it deserves to be included in the list for 2022 since predictive analytics tools will continue to modify the rules of the game in many industries.
When it comes to efficiency, predictive analytics plays a critical role in data analysis and data lake consolidation. It will surely be at the forefront of innovative initiatives, particularly in the IT sector. It will also be critical in advancing IoT technology and cyber security.
5) Generative AI
The next step in enterprise AI is for the technology to become self-contained. Solutions mature and their use broadens. According to Gartner’s Hype Cycle for Emerging Technologies 2021 Research, the technology generates synthetic data to train its own models. The system, dubbed “Generative AI,” is expected to hit a production plateau in the next two to five years.
Indistinguishably, the concepts that Generative AI responds to can compute and map visualizations of real-time things. This can result in supervising and modeling predictions that are out of your reach. According to CRN’s predictions, this keyword will be used in politics, security departments, medical diagnosis, and coding by the year 2025. Firmly boosting the strengths of business models so that consumers can get the content that is truly important to them.
6) Low-code services
According to Expert Market Research, the low-code development platform market will grow at a CAGR of 25.26 percent between 2022 and 2027, reaching a market valuation of USD 64.56 billion by 2026. “While low-code application development is not new, a convergence of digital disruptions, hyper-automation, and the rise of composable business has resulted in an influx of tools and increased demand,” said Fabrizio Biscotti, Gartner’s research vice president.
With the rapid growth of emerging technology and the growing demand for various sectors of technology, these fields are expected to expand rapidly. It’s always a good idea to be informed of emerging trends and to improve your knowledge and skills in those areas. This can help you stand out among your colleagues and strengthen your qualifications for a position in an emerging company.
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