Some of the biggest trends for this year have been predicted by some experts for several years, but many have come from 2020’s unique business predicaments that pushed forward technological developments and reliance.
Business and technology continue to affect and innovate each other, and that will not change for the foreseeable future; with that in mind, here are the five biggest business tech trends for 2021.
Business Technology Trends for 2021
1. Communication Software
2020 became a year of remote working for obvious reasons, and this is a trend that is set to continue through 2021, even if offices become safer spaces due to vaccinations. 2020 showed many businesses the distinct benefits of remote working – like fewer overheads and increased productivity.
As remote working continues to be the new normal, communication software is becoming one of the most important business trends. As the trend continues, the range of options for businesses gets even broader.
Many slack and MS Teams alternative software are on the market, which means businesses can choose between various options and find the ones best suitable for their specific needs.
2. Data Protection and Utilization Technology
The volumes of data that businesses have found a use for recently have skyrocketed –advancements in AI and ML have supported the need for this major volume growth.
Substantial data use has many benefits on businesses‘ bottom line, as it has allowed them to understand their customers and improve their fundamental decision-making.
All this data needs to be protected and utilized, and there has been a range of different tech solutions that have come on the market to enable businesses to protect better and utilize their data assets. These can be cloud solutions, built-in protection, utilization features, or more substantial tailor-made data systems.
3. Extended Reality, Virtual Reality, and Augmented Reality
Advancements in network speeds and processing technology have made extended reality, virtual reality, and augmented reality even more feature-rich and realistic than ever.
In 2021, we should expect to see these forms of reality fusing with technology being utilized more and more by businesses. These technologies will be used in many different ways, including virtual events, applications, remote working, and communication/collaboration.
Having fast, reliable internet is extremely important for more than just loading webpages. When 3G was invented, it made non-WiFi web-browsing on mobile devices possible; doubling mobiles’ ability to use data boosted GDP per capita by a growth rate of 0.5% globally.
4G made it possible to stream videos on phones and load webpages much faster; 5G will have a similar impact. It could make fiber-based networks redundant and could vastly increase the utilization speed of Internet of Things technology.
Automation is always a good choice in business, as it increases efficiency and company-wide productivity. This will be seen in warehouses, supply chains, chatbots, and more.
Automation will be another trend in 2021, as businesses continue to seek to replace human workers with robots or software. Automation will start its move towards replacing white-collar workers.