The recent progress technology has made isn’t impressive – it’s downright mind-blowing! As we approach the end of this decade and reflect, it’s impossible to ignore how far digital transformation has come in the 2010s.
Major technology companies like Google, Amazon, Uber, and Facebook have fundamentally changed how we interact with the world. Digital transformation has inspired new solutions to age-old challenges, and coders, scientists, and researchers have sprung up from all corners of the world to answer this next-gen calling.
But not all technologies are created equal. Most experts point to eight important innovations that have been – and will continue to be – essential for digital transformation:
1. Smartphones and mobile apps
In the last decade, we’ve all witnessed the skyrocketing adoption rate of smartphones. Beyond making connectivity portable and more convenient than ever for developed nations, these devices have brought millions of people onto the internet for the very first time. And, as that audience has grown, developers have designed a robust ecosystem of software applications and tools to satisfy their every need.
This technology has had such a profound impact that it’s largely changed the way people communicate with one another. Rather than the voice calls of yesterday, many prefer to send text messages, photos, and/or video messages to friends, family members, and coworkers.
2. Social media
While legacy social media sites like Facebook and Twitter are technically more than 10 years old, the industry looks completely different than it did back then – and undoubtedly has a more profound impact on society than ever before.
More modern platforms such as Instagram and Snapchat have fueled the adoption of cutting-edge technologies like Augmented Reality (AR), and are driving daily interactions among billions of active users across the world. As social media grows more and more ubiquitous, these technologies will only increase our dependence on digital transformation moving forward.
3. Data analytics
Today, we’re living in the information age. And, as you might have guessed, data has never been more valuable. While technology has made it infinitely easier to collect and aggregate, it’s the ability to analyze this information for meaningful, usable insights that has been key to helping organizations adapt to changes and unlock greater success.
Armed with data analytics, organizations are equipped to make better decisions that result in more meaningful business results. And the promise of this technology will only increase as real-time information and continuously growing data sets become the norm.
4. Automation and Artificial Intelligence (AI)
Organizations are investing in automation and AI to handle a variety of repetitive – and potentially dangerous – tasks to improve workers’ daily lives. And it hasn’t taken long for these innovations to bleed over into virtually every industry.
While some of the fears regarding job losses are founded in reality, several recent studies have shown people actually welcome the introduction of automation into the workplace. Going forward, these innovations are sure to have a significant impact on the future of digital transformation.
5. 4G and 5G
Since 2012, 4G has revolutionized the way people access the internet. This standard of connectivity changed the game not only because it was faster and more reliable, but also much more cost-effective than its predecessors.
As monumental as this shift was, the move to 5G will deliver an entirely new generation of enterprise technology that promises to transform how we do business. These next-gen networks will offer new ways to incorporate advanced innovations like edge computing and the Internet of Things (IoT).
6. Cloud computing
By introducing cloud computing, organizations all over the world has democratized data collection, increased enterprise capacity, and enabled companies to forego the need for costly IT infrastructure and slow-moving maintenance schedules. With these benefits, it’s no surprise 70% are already using or considering this technology…
Cloud will only grow more popular going forward, allowing businesses to grow faster and scale more effectively than ever before. Expect this technology to become a defining element of digital transformation throughout the next decade of industry evolution.
7. Internet of Things
These smart tools are redefining the modern technology management environment. With IoT, organizations are collecting, communicating, and analyzing more information than ever thought possible – meaning new optimizations and efficiencies are continuously being uncovered.
Alongside the advent of 5G, these devices and sensors will continue to lead the digital transformation efforts for businesses all over the world.
The future of digital transformation is exciting – albeit unpredictable. While these technologies have played a pivotal role in defining today’s success, there’s no telling what innovations are coming next. Fortunately, one event can help you prepare for the future of enterprise technology: AOTMP® 2020.
Click the banner below to save your spot – and to save $500 off the price of registration today!