technology trends

Open-ended approach

Organisations have significant investments in their IT systems. Many are looking to eliminate obsolete and redundant systems to make way for systems that can more easily adapt to changing dynamics of the technology world. With this modernisation, managers are re-planning their approach to designing new systems and maintaining old ones to factor future integrations and adaptations.

Rise of Application Programming Interfaces (APIs)

More and more applications and systems are providing APIs to developers to communicate and integrate with their systems. They are very useful in utilising a company’s core services, can be reused, secure and easily maintained. Many such APIs also play a key part in delivering an alternative revenue stream for an organisation by charging consumers for usage.

Integration

As technology grows at a rapid pace, many companies are finding it hard to integrate their legacy systems with new technology. New areas of technology like Big Data, Analytics, Cloud are not only capable of replacing existing systems but can also make them redundant. It is important that new technologies are systematically integrated with existing systems to cause minimal disruptions to services. Companies should therefore view such tasks through an enterprise perspective.

Real-time translation

Speech translators will be capable to translate each word as it is spoken into a language of choice. This can be very useful in video conferencing with somebody who doesn’t understand one’s language. These translators will therefore bridge this gap and eliminate the need to have translators.

Marketing

Marketing has already gained new heights and reached new avenues. The companies will heavily invest in marketing as their key tool in reaching out to the digital and informed consumer. This will be through automation processes, alerts and notifications. Furthermore, analytics systems will also play a key role in helping organisations understand market dynamics, consumer preferences, and purchase history to predict consumer decisions.

Virtualisation

Organisations are already using virtualisation in their environment to support IT systems. Having a virtual machine with the desired operating system is already enabling many organisations to help save costs, better maintain and support their systems. This will increasingly be adopted.

Artificial Intelligence

Applying complex algorithms to come up with predictive models is being used by many companies. Through the power of cloud, the processing power has increased exponentially and organisations are coming up with increasingly massive and complex data models. From Microsoft’s Cortana to Apple’s Siri, artificial intelligence is increasingly finding common place in day to day lives of people. We all find them in personal devices like mobile phones, watches and many are finding way into smart homes and even cars. Data gathered by artificial intelligence can be researched and analysed to predict the future and make decisions on behalf of the user very quickly.

Storage

SSDs (Solid State Drives) are already gaining popularity. We also find them widely used in portable devices these days and their usage are only going to increase. They provide a distinct advantage of weighing much lighter while being much faster than traditional drives. With more and more of these being adopted, it will only reduce the cost as it continues to be a popular choice.

Cyber Security

Organisations increasingly are becoming more susceptible to cyber-attacks which cause severe disruptions to their operations and more importantly adversely impact their reputation. Many companies are therefore reviewing their data protection, encryption, privacy and storage solutions to counter such attacks.

Big Data Analytics

As companies store more and more of data and with the availability of large storage, they can have a competitive advantage when such amount of data is mined for crucial information.