It is fascinating how tech trends affect businesses. With the continuous expansion of technology, many companies will have to continually change with the trend. For many industries, digital technology such as mobile applications, social media, cloud, and analytics have been used to enhance their operation.
Every year, digital technology evolves into something better; understanding these trends will help you make plans for your company. Here are 6 digital tech trends that will shape your business in 2019.
If you think your business has experienced all there is to automation in 2018, prepare for more in 2019. Automation has been at the forefront of technology trends for a while and it will increase this year, even for mundane household use.
According to tech expert Jon Bradshaw, 2019 there will be a significant reduction in time-consuming tasks for customers and business owners as more automated tools will be released.
2. Artificial intelligence
Many businesses have benefited from AI for years. In 2019, many more industries including small institutions will take advantage of the productivity of artificial intelligence.
According to analysts, market publicity will make many software vendors incorporate AI into their business strategies. 2019 will also present more collaboration between humans and AI.
Since Satoshi Nakamoto invented Bitcoin in 2009, it has become a force to reckon with in the business world. Bitcoin drew people’s attention to Blockchain. Many companies have embraced blockchain as an alternative to traditional currency.
In 2019, many IoT companies will incorporate blockchain technology. Companies will also use blockchain technology to transform time-consuming, centralised, less reliable and less secure systems.
4. Cloud Computing
Cloud computing will continue to play a crucial role in many organisations as they offer delightful benefits. More companies have incorporated cloud-based solutions as they give business the opportunity to store files of any size and leverage external resources such as software and hardware.
Cloud computing is secure, reliable, and cost-effective.
5. The Internet of Everything (IoT)
Because there is an increase in the need for more connectivity, the IoT will change many businesses for the better. To improve business efficiency and overall performance, IoT devices will be used to collect information about clients.
The tech environment is continuing to grow and evolve at an unprecedented pace. We are seeing developments that will change the ways that we interact and run businesses that are way beyond where we are just now. A lot of businesses could be left behind by the changes that we are seeing. It is only those who can keep pace with developments that will survive.
While all this change might seem like a daunting prospect, you don’t have to think about implementing a full business restructure tomorrow to keep up. Taking steps as simple as checking in on trade press and attending conferences within your industry will give you more than enough knowledge to play the game.
Evolution doesn’t happen overnight. It is a slow process that requires the attention of those who want to use it to their own advantage.