Technology trends simply cannot be ignored in today’s dynamic environment. As the world enters a post-digital era, organizations are exploring disruptive technology trends. According to a survey by Accenture, 94% of IT and business experts reported that emerging technologies have accelerated firms’ innovation pace in the last three years.
Winning This Decade in the Context of the Next to Normal
This decade continues to witness further development in technology, as innovation transforms industries such as insurance, banking, and healthcare. It is crucial to look beyond seeking operational efficiency and decreasing cost — particularly as customer expectations, regulatory requirements and business landscapes are rapidly evolving.
Take a look at six vital technology trends that have gained momentum in today’s hyper-digital world:
Trend 1: Artificial Intelligence (AI), Machine Learning (ML) – Integrating Intelligence
Technologies like AI and ML have existed for some time, but only now have they started maturing from their perception of “interesting” to “organizationally effective.” Artificial intelligence and machine learning are digital transformation catalysts, and some of the capabilities that fall under this technology include pattern recognition, natural language processing and sentiment analysis.
Trend 2: Predictive Analytics – Harnessing New Opportunities
In this digital-savvy environment, it has become crucial for organizations to employ tools like predictive analytics. An advanced form of data analytics, it’s used to extract information and predict trends, behavior and activities with precision.
Trend 3: Low code – Accelerating Innovation
Gartner forecasts that low code application platforms will be responsible for 65% of application development activity by 2024.
Trend 4: Intelligent Process Automation (IPA)
Another technology trend that has paved its path in the digital world is intelligent process automation (IPA). . The technology offers several benefits to an organization, such as reducing error rates, unifying operations, and accelerating processes, but more importantly, assisting in streamlining employee and customer-facing journeys.
Trend 5: Contextual Content Services – ECM: Leveraging Context in Content
Contextual content services, an evolution of traditional enterprise content management (ECM), play a key role in powering automation initiatives.
Trend 6: Robotic Process Automation (RPA): Improving Productivity
Robotic process automation is rapidly becoming an integral cog in the wheel of the end-to-end digital journey of organizations. RPA can be the last mile of process automation — or in between — but is key to streamlining and optimizing customer-facing and back-office tasks. The capabilities of RPA offer several benefits, including faster turnaround times, process optimization, sustaining consistency and increasing employee productivity.
Future-proofing the Enterprise
A close eye on the different technology trends can help enterprises leverage the right tools to optimize their business processes and adapt to the changing market needs. Technologies like low code platforms, advanced analytics, AI, and ECM are already being implemented by some organizations to stay ahead of the competition. Ensure your enterprise is tapping into these technology trends to thrive in the next normal.
Technology trends simply cannot be ignored in today’s dynamic environment. As the world enters a post-digital era, organizations are exploring disruptive technology trends. According to a survey by Accenture, 94% of IT and business experts reported that emerging technologies have accelerated firms’ innovation pace in the last three years.
Technology trends simply cannot be ignored in today’s dynamic environment. As the world enters a post-digital era, organizations are exploring disruptive technology trends. According to a survey by Accenture, 94% of IT and business experts reported that emerging technologies have accelerated firms’ innovation pace in the last three years.
Winning This Decade in the Context of the Next to Normal
This decade continues to witness further development in technology, as innovation transforms industries such as insurance, banking, and healthcare. It is crucial to look beyond seeking operational efficiency and decreasing cost — particularly as customer expectations, regulatory requirements and business landscapes are rapidly evolving.
Take a look at six vital technology trends that have gained momentum in today’s hyper-digital world:
Trend 1: Artificial Intelligence (AI), Machine Learning (ML) – Integrating Intelligence
Technologies like AI and ML have existed for some time, but only now have they started maturing from their perception of “interesting” to “organizationally effective.” Artificial intelligence and machine learning are digital transformation catalysts, and some of the capabilities that fall under this technology include pattern recognition, natural language processing and sentiment analysis.
Trend 2: Predictive Analytics – Harnessing New Opportunities
In this digital-savvy environment, it has become crucial for organizations to employ tools like predictive analytics. An advanced form of data analytics, it’s used to extract information and predict trends, behavior and activities with precision.
Trend 3: Low code – Accelerating Innovation
Gartner forecasts that low code application platforms will be responsible for 65% of application development activity by 2024.
Trend 4: Intelligent Process Automation (IPA)
Another technology trend that has paved its path in the digital world is intelligent process automation (IPA). . The technology offers several benefits to an organization, such as reducing error rates, unifying operations, and accelerating processes, but more importantly, assisting in streamlining employee and customer-facing journeys.
Trend 5: Contextual Content Services – ECM: Leveraging Context in Content
Contextual content services, an evolution of traditional enterprise content management (ECM), play a key role in powering automation initiatives.
Trend 6: Robotic Process Automation (RPA): Improving Productivity
Robotic process automation is rapidly becoming an integral cog in the wheel of the end-to-end digital journey of organizations. RPA can be the last mile of process automation — or in between — but is key to streamlining and optimizing customer-facing and back-office tasks. The capabilities of RPA offer several benefits, including faster turnaround times, process optimization, sustaining consistency and increasing employee productivity.
Future-proofing the Enterprise
A close eye on the different technology trends can help enterprises leverage the right tools to optimize their business processes and adapt to the changing market needs. Technologies like low code platforms, advanced analytics, AI, and ECM are already being implemented by some organizations to stay ahead of the competition. Ensure your enterprise is tapping into these technology trends to thrive in the next normal.
Technology trends simply cannot be ignored in today’s dynamic environment. As the world enters a post-digital era, organizations are exploring disruptive technology trends. According to a survey by Accenture, 94% of IT and business experts reported that emerging technologies have accelerated firms’ innovation pace in the last three years.
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