Five key technology trends that will define the next decade

Despite a complex overall context, IT investment continues to grow globally. What are the 5 technology trends for the next decade?

Global IT investment is expected to grow 5% this year to $4.5 trillion. Buoyed by a years-long health crisis, the technology sector is currently experiencing a true historic turning point, with companies at the heart of these upheavals having to make the right choices. After all, it is now necessary to take into account and prioritize the technological trends of the future in order to invest intelligently. In 2022, five major technological trends will prevail in the coming years. They will in themselves redefine many parts of our daily lives and beyond the simple professional sphere.

1. Green IT

The technology represents one of the largest energy consumers in the world, given the high processing power and storage space required for proper operation. This will increase dramatically over time. The technology industry should strive to reach zero in terms of consumption as soon as possible and set environmental footprint targets for all layers of its organizations, be it physical infrastructure such as data centers.

In this context, companies need to integrate sustainability and energy efficiency into the software, hardware and hybrid solutions they develop. Because from now on, every company is making its mutation to become a full-fledged technology company. By the end of the decade, technology will be one of the main factors influencing a company’s green reputation. It will also play a key role in adopting an environmental sustainability policy within companies.

2. The Distributed Cloud

More and more companies are moving to the cloud. And many of them wonder how to take full advantage of its capabilities. After all, it is not just a matter of thinking about the technology itself, for example which supplier might be the best fit, but also about the use that will be made of it to achieve good commercial results.

To answer these questions, companies are increasingly moving towards a distributed cloud model, which solves latency problems. With this model, the use of enterprise clouds is moving in the same direction as energy supply, with suppliers producing energy from a distributed ecosystem on the grid.

3. 5G edge hyperconnectivity

The distributed cloud pushes cloud services to the edge of the network where businesses can process distributed data. However, this is only possible through highly efficient, high-bandwidth, low-latency connectivity that revolves around 5G.

The promises of the network edge will not materialize until 5G is widely implemented, as very low latency data must be processed in a distributed capacity. In this scenario, network capacity is critical and therefore there is a strong push towards fiber broadband in both business and personal environments.

4. Immersive Reality with the Metaverse

In a hyper-connected world, almost everything we see or possess in the “real” physical world has its digital counterpart, some sort of twin or coexisting version.

The metaverse, the latest development of this new immersive reality, is used in both B2C and B2B environments. Think of virtual reality, augmented reality and extended reality (XR).

There are three meaningful use cases in the Metaverse. The first relates to consumption and influences the way people engage, interact and collaborate in a virtual space (e.g. in the commerce industry). The next use case is education, which provides the opportunity to learn in an interactive, spatial environment. Finally, it can also be used for business or talent acquisition purposes, creating a workplace that reflects the next generation of employees and their expectations for the future.

Every company that exists in the ‘physical’ world has some kind of imprint and its own identity in the metavers. Digital assets will be a very important part of this ecosystem, and new digital currencies (even existing ones) that correspond to real currencies will be needed to transact in this new virtual reality.

5. Quantum computers

Quantum uses physics and the quantum states of subatomic particles to create incredibly powerful computers that store data and perform computing tasks on a massive scale. These quantum computers can solve problems at almost unimaginable speeds, while using far less power than traditional computers.

There are already so many applications, such as optimization, machine learning, cryptography and simulation, and this is just the beginning as new use cases appear every day. The power of quantum computing can help solve and support transportation problems, route optimization, traffic congestion, and even conduct important medical research to help cure diseases like cancer. In doing so, quantum computing will fundamentally shape the future of human existence, creating entirely new possibilities that will change the way we live and understand the world.

Delivering on the promise of technology

The level of investment in these five technology trends has already reached about half a trillion dollars so far. However, the work is not done yet: companies must now deliver on the promise of these technologies, solve the world’s most pressing problems and drive human progress.

Private and public sector companies are also responsible for making sure this digital revolution is inclusive. As we lay the groundwork for Web 3.0, the next version of the Internet that relies on blockchain and decentralization, the technology must remain open. Right now, the industry needs to come together from the bottom up to shape technology adoption and ensure we leverage trust, transparency and agility as we build the next generation of platforms and solutions.

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