How the IT industry has changed in Covid-19 compared to the past few years and what trends will be making headlines as we head into Covid-22? These are some of the questions that IT professionals, business owners, and decision-makers want answers to as we approach the new year. Also, staying up to date with the IT industry can be tricky, especially as technology continues to advance rapidly and trends are born and die seemingly overnight.
After analyzing some of the top industry blogs and articles, I found that there are seven key trends that are set to change how we view and experience the IT industry in Covid-22. In this article, I will share my insights on these seven major trends along with predictions on how they will shape our future experiences in IT and beyond.
Impact of Covid on IT Industry
Research firm Gartner estimates that IT spending will grow by 4.6% in 2022 to $3.76 trillion, and at that growth rate it will surpass other industries such as construction and agriculture (at 3% growth) and retail (at 2.8%) for a fourth consecutive year – which means IT has become one of the world’s largest industries, says Gartner analyst John-David Lovelock. The firm expects global economic growth to accelerate to 2.7%, with improved performance across all major regions over 2018, especially emerging markets, such as India and China; developed markets like US, Japan, Europe, and Canada; and developing markets in Africa/Middle East region for a combined total growth rate of about 4%.
As many predicted, Covid is here to stay. Businesses have already started dabbling with this new technological trend and they’re looking forward to integrating it into their IT systems. The biggest impact that Covid will have on businesses is its potential to offer a lower barrier to entry for tech entrepreneurs. Traditionally, tech startups require significant funding and resources just to be able to get off the ground; however, Covid could potentially change all that by creating an even playing field for both big businesses and small businesses alike.
1) Growing mobile app security concerns
With more than two million malicious Android apps and a staggering 1.4 billion Android-based devices in use around the world, it’s no wonder IT security professionals are growing concerned about mobile app security. With mobile threats on pace to pass PC threats within five years, every business needs to have an action plan for protecting its most valuable asset: its data. The first step to creating that plan is by understanding what’s out there, which is why Covid collected some key statistics about mobile apps for IT professionals around the world to consider when developing their next action plan.
2) Rapidly Changing Cloud Landscape
In a little over a decade, cloud-based storage has evolved from being an unproven idea to becoming an essential component in modern computing. The next step for cloud storage is to improve both its reliability and performance. While those goals are rather broad, one of the ways that companies have pursued them is by optimizing their applications for specific cloud-computing services like Amazon S3. This way, data can be seamlessly migrated between different clouds while also reducing some of the strain on individual services themselves. As more companies pursue these new strategies, it will increase competition among various cloud providers and lead to even better services and pricing in the coming years.
3) Immersive Technology Growth
2021’s hype has been around immersive technology and how it’s transforming our world. From Virtual Reality (VR) to Augmented Reality (AR), our expectations for future computing are leaning toward virtual. As one expert put it, Augmented reality (AR) is a subset of VR and refers to any real-time display or projection that layers computer-generated elements on top of a user’s view. AR differs from virtual reality in that it does not use headsets but projects its images directly into users’ fields of vision, whether through glasses or via other methods.
4) Big Data Challenges and Opportunities
Big data is one of those words that seems to have become part of every marketer’s and technology executive’s vocabulary. It means different things to different people, and it often gets thrown around with other terms such as Hadoop, Apache Spark, machine learning and analytics. However, most professionals agree on what big data is: essentially a dataset that’s too large or complex for typical database management software to analyze efficiently.
5) Cybersecurity Concerns On the Rise
It’s no secret that cybercrime is on the rise. In fact, it’s projected to cost $6 trillion annually by 2022. The Covid-19 conference focused on new ways to fight cybercrime, and one thing was clear: cybersecurity is a growing concern for every company in every market sector. As companies become more technologically integrated than ever before, they have more opportunities to become targeted by hackers and more potential security breaches than ever before.
6) A New Era Of Innovation
Today, businesses are having to adapt rapidly to change in order to stay relevant. Everything is constantly evolving, whether it’s new technologies or disruptive business models. This has caused competition levels to increase significantly and consumers have higher expectations than ever before. However, businesses also stand to gain a lot from being able to compete in today’s dynamic environment. The world has never seen such an era of innovation as we see now; there is no reason why you can’t be at the forefront of these changes and benefit greatly from them. To get started with your own strategy for innovation, take a look at some interesting trends that are currently shaping and disrupting IT throughout today’s modern business landscape
7) The Rise of Blockchain
Blockchain is quickly gaining popularity as more companies realize its potential in a variety of fields. While first and foremost blockchain is used for financial transactions, it’s beginning to see an expansion into other areas. In 2022, don’t be surprised if you start hearing about blockchain in relation to healthcare, journalism, music, and more. But what is blockchain? This new technology consists of blocks (thus blockchain) that contain transaction records that are linked together. These blocks are essentially tamper-proof meaning they cannot be changed once they’ve been created and recorded onto a ledger.
Conclusion
Because business owners rely on IT for critical applications and tasks, these seven IT industry trends are having a direct impact on their businesses. It’s important to stay current with these trends, so your business can keep up with today’s marketplace. Take note of each trend as it comes into play and takes steps to ensure your business is prepared. Prepare now to stay ahead in IT!
About the author:
topseobrands.com is a leading digital marketplace leader and a popular independent authority on SEO vendors. The company is growing day by day in terms of listing research conducted and authenticated reviews based on the latest business trends. The Top SEO Brands main aim is to identify as well as rank those firms or individuals offering the best digital marketing services throughout the world.
