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Top Tech Trends to watch out for in 2021

As we move into the new year, it is essential to keep an eye on the changing technological landscape that has seen a considerable shift after the Covid-19 pandemic. The pandemic has forced businesses to adopt digital transformation more than ever before. The number of businesses that have moved online in the past six months alone is more than those in the last decade. [1]

Such digital transformation has brought forth some interesting technologies that will complement the culture of work from home and enable businesses to function from anywhere. Following are few trends to look out for in the year 2021.


1. Internet of Behavior  

'Internet of behaviors (IoB)' is one of the top tech trends predicted by Gartner in their 2021 report. IoT for some time now have been capturing data through a network of devices. Companies are now quickly moving over to gathering and influencing a person's behavior through the collected data. By 2023, it is predicted that the individual activities of 40% of the global population will be tracked digitally in order to influence behavior.

For now, companies mostly use the IoT and IoB to observe and attempt to change or influence our behavior to achieve their desired goal.


2. Hyperautomation

Hyperautomation, at its core, combines several components of automation tools and technologies to enhance the ability to automate work, and that will be a key factor in driving success for businesses in 2021 and beyond. [3]

Everyday more and more businesses are increasing their investments in the RPA and trying to improve their business results. It can be said that Hyperautomation is primarily based on the concept of RPA, but it takes the methodology to a whole new level by integrating various other technologies in the mix. This way, hyperautomation focuses on the application of RPA bots to automate rule-based business processes while enhancing its capabilities to do a lot more.

 

3. Quantum computing

A research vice president at Gartner said, "2021 will be a pivotal year for seeing the maturation of the vendor landscape. Cloud service providers like Amazon, Azure, and other are aggressively ramping up their quantum capability, and current quantum leaders like IBM and DWave are developing in-depth roadmaps around the scale of the systems."

Globally, organizations are ramping up investment activities around quantum computing, partly driven by the hype and partly adding to the hype around this field. Value-aligned quantum computing service providers and established quantum systems innovators will likely successfully navigate the economic uncertainties of the coming few years. Organizations should start working on their quantum strategies as soon as possible, and measure success (KPIs) by the number of trained quantum experts they are nurturing each year.

 

4. Cybersecurity Mesh

Organizations should accept cybersecurity mesh as a distributed architectural approach to scalable, flexible and reliable cybersecurity control. This security trend takes a limelight as working from anywhere is becoming a new norm and hence company assets are now existing outside the original traditional security perimeter. Company information is now more distributed than ever in the home of employees, partners, etc.

This approach is directly related to the "Zero-Trust" security model from Gartner where it is stated that access control should be applied to any asset regardless of location.

The company's security perimeter is closely linked to data and identity. The context is also critical in this regard. It must be possible to determine which identity has access to which data, with which permissions, on which device, and in which location.

 

5. Distributed cloud

Newer data protection laws are enabling data to move away to different and more distributed clouds that considers the regulatory restrictions of a given country or business.

Gartner predicts that by 2025, more than half of all organizations will be using the cloud option where the location of preference can be chosen. The pandemic has marked the need to be able to work from anywhere. This trend is not likely to be gone after the pandemic, and it looks like it will become a true standard. Companies will have to support the business from anywhere and this is just the beginning.

 

6. Total Experience

There has always been a tough competition between the tech companies to attract the right talent and win the biggest clients. Although the focus has always remained on creating a great employee experience and wholesome customer experience. As per Gartner's report, "Organizations that make a shift to a more holistic approach will certainly outperform competitors on key metrics for years to come."

Total experience essentially incorporates together employee experience, customer experience and user experience, helping organizations to deploy most impactful tools and solutions. This is important moving into 2021 due to the constraints inflicted on tech companies over the last year by the COVID-19 pandemic.

Creating a cohesive Total Experience is critical because it reduces the total cost and redundancy and unleashing company-wide improvements. Although unified strategies and workflows play important role into creating a Total Experience, the entire concept of TX hinges upon technologies that enable unified communications.

 

7. Privacy enhancing computation

With more and more businesses commencing on their digital journey and are structuring their business around data, privacy is no longer a 'good-to-have', but a 'must have' feature. The need for privacy enhancing computation arises from the necessity to share the data while maintaining privacy and security. This trend revolves around three technologies which are:

·         Providing a trusted environment where sensitive data can be processed or analyzed

·         Performs processing and analytics in a decentralized manner

·         The third technology encrypts data and algorithms before processing or analytics

This trend enables organizations to "collaborate on research securely across regions and with competitors without sacrificing confidentiality," Gartner said.

 

8. Edge computing

Forrester reports suggest that until now, edge computing was promising but still developing. In 2021, new business models will emerge that facilitate the deployment of edge in production. Cloud platforms will compete while artificial intelligence (AI) and 5G will drive the rapid expansion of edge use cases.

Things will start to change in 2021, as edge-trained machine learning becomes increasingly possible thanks to Beefier AI chips from semiconductor giants like Intel and Nvidia and Emerging ML techniques like reinforcement learning and federated learning.

Edge application intelligence will blossom in 2021 to accelerate digital transformation, especially in industries that must bridge the physical and digital worlds in real time. [8]

 

9. 5G

5G will actually be noticeably different in 2021. Since many telecom companies are working on it, coverage will get better, speeds will get faster and phones will get cheaper. It'll be the year when consumers will be wanting more of 5G, rather than it being an extra throw-in on the latest device. And 5G will expand to even more products beyond phones as we start to see the promise of 5G fulfilled.

5G being an enabler technology will deliver value with more speed and faster data throughput, pervasive mobility, large-scale connected devices and sensors, greater energy efficiency per MB sent, easier service deployment, lower latency, and high network reliability.

Use cases that will benefit from edge computing on private 5G in 2021 include factory-floor automation as well as AR/VR and HD video applications for remote inspection and surveillance, quality assurance, remote monitoring, predictive maintenance, and employee safety solutions.

 

10. Xreality

While we are on the topic of top tech trends for 2021, we definitely cannot miss out on the Xreality which really has the potential to augment the any space! This gets a boost after the world has seen what it is to work from home with existing technologies and how Xreality can transform that.

A Forbes article says that the AR market would see an exponential increase in its market size upto $198 billion by 2025. Evan Gappelberg, CEO of NexTech AR, says that 2020 catalyzed the adoption of remote interactions. Gappelberg adds that factors such as 5G for enhanced connectivity, new human holograms/3D modeling, and enhanced mobile capabilities have paved the way for AR and virtual reality (VR) to establish a more effective support system for these industries.

Xreality could find multiple applications and use cases in the coming year across multiple domains and bring about the desired shift in the current tech landscape.

 

 

References:

[1] https://www.ishir.com/blog/9018/top-15-emerging-technology-trends-to-watch-in-2021-and-beyond.htm

[2] https://www.bmc.com/blogs/iob-internet-of-behavior/

[3] https://www.10xds.com/blog/are-you-ready-for-hyperautomation/

[4] https://www.techrepublic.com/article/6-experts-share-quantum-computing-predictions-for-2021/#:~:text=And%20Daimler%20to%20explore%20how,computing%20technology%20and%20coding%20courses.&text=There%20will%20be%20far%20greater,computing%20is%20not%20quantum%20computing.%22

[5] https://www.crn.com/slide-shows/cloud/gartner-s-top-technology-trends-that-will-define-2021/7#:~:text=A%20cybersecurity%20mesh%20is%20a,flexible%20and%20reliable%20cybersecurity%20control.&text=As%20perimeter%20protection%20becomes%20less,of%20every%20business%2C%20Gartner%20said.

[6] https://www.sealpath.com/technology-it-trends-2021-business/

[7] https://www.ringcentral.com/us/en/blog/total-experience-why-tx-is-the-new-tech-buzzword-you-need-to-know/

[8]https://www.forrester.com/fn/7EZsTU8W1HxU0ss3gEAlF7?utm_source=report_predictions&utm_medium=web_report&utm_campaign=predictions_2021

[9] https://www.cnet.com/news/5g-starts-to-live-up-to-the-hype-in-2021-for-real/

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