Trending Technologies That Will Impact Businesses in 2020

 

From AI in your super fast smartphones to high-speed WiFi, the year 2020 is all set to witness some of the latest technology trends that are truly going to transform the businesses. These future technology trends have already shown their massive potential towards the end of the last decade. And the next decade is going to be the decade of some of these latest trends in technology.

In this piece, we will discuss some of the newest tech trends that are going to take the world by storm. Let us have a closer look at the new technology 2020 list in detail..

 

Trending Technologies in 2020

List Of Trending Technologies in 2020 are:

 

1. AI – Artificial Intelligence

AI has been one of the latest technology trends that have become a household name at the end of the last decade. Till now, you must have experienced the beauty and the extraordinary capabilities of an AI-enabled smartphone; 2020 is going to see a phenomenal use of AI in more areas and domains that you ever have known or thought of. From shaping marketing and advertising strategies to understanding physical environments to a lot of yet to be made innovations, AI is certainly the technology helping to change our businesses for better.

 

2. IoT – Internet of Things

IoT is one of the latest technology trends that has come a long way but still has a long way to go. Everything is getting smarter thanks to IoT, and this is going to bring about a paradigm shift in how businesses run their show. From having automated manufacturing units to smart warehouses businesses are slowly getting ready to embrace IoT in almost every business operation.

 

3. Multicloud – The Infrastructure of The Future

In 2020, companies are gradually shifting from the traditional cloud server approach to a multicloud approach thereby making sure that their data, applications and necessary infrastructure to run their business are available from almost anywhere. This upcoming technology model allows businesses to be at the freedom of choosing the best cloud services without any lock-ins and keep what best suits their business model and eliminate what does not. This latest technology thus ensures that they get the best cloud services at the best prices.

 

4. RPA – Robotic Process Automation

This is one of the upcoming technology trends that is going to change business processes in a big way. RPA is now being used in a lot of areas such as assisting customers with credit card applications, being an aid for contact center agents as an IVR for business, new staff onboarding, expense management, and price comparison. With up to 70 RPA vendors, you think of it and there will be an RPA solution of the process you want to automate.

 

5. SD-WAN – Software-Defined Wide Area Network

SD-WAN is an upcoming technology or a rather broadly used technology that is gradually transforming the networking space. SD-WAN provides for the required resilience and reliability in the network and is enhancing user experience in a great way. The future trends show that it is going to be an integral part of IT Infrastructure as it would empower distributed organizations to address all bandwidth limitations.

 

6. 5G Internet Speeds

This is truly an exciting thing that is going to happen to the world. 5G is going to be the latest technology that is going to cover up to two-thirds of the global population and 45% of the global mobile usage. This would mean faster speeds, better business transactions and the highest amount of revenue. With the average monthly data usage forecasted to rise to 24 GB from 7.2 GB, this upcoming technology is truly going to be impacting businesses in a big way.

 

7. WiFi 6 – High Speed Access to High Speed Internet

With 5G speeds, WiFi 6 is another latest technology that allows users speeds up to 4 times the speed they used to get from previous WiFi versions. This is particularly going to be helpful for environments where there are plenty of users such as homes, schools, stadiums, offices, etc. There are other benefits of WiFi 6 as well that include a greater range, lower latency, and enhanced data transmission.

 

8. Blockchain

While many people have been believing blockchain to be nothing more than just cryptocurrencies, it is much more than that. Blockchain is all about creating a chain of data and that data cannot be changed or taken away. Hence, it is a secure way of data transmission and management and with a thousand other benefits this is going to be one of the biggest future trends in technology.

 

9. Chatbots

This is one other latest technology trends that are being increasingly used by businesses. Chatbots are automated algorithms that are deployed to answer and respond to customer queries and inquiries, any time of the day from any part of the world and about anything pertaining to the product. Chatbots use advanced AI-based algorithms that can precisely help the customers with the information and the help they are seeking without any human-like bias and with minimum margins of errors.

 

10. Machine learning

Last but not least, machine learning is one other upcoming technology that is going to be very important in the year 2020. With businesses seeking to automate almost everything, machine learning will go a long way in doing exactly what a human resource in an organization does without any or minimum human involvement. Machine learning as such is going to be an extremely crucial and important technology to watch out for.

 

 

To Wrap Things Up..

To conclude it is fair to say that in 2020, all the latest technology and upcoming future trends are going to disrupt and change businesses in an amazing way. While this truly sets the stage for some really advanced innovations and breakthroughs in the world of technological developments itself, it will be pretty exciting to watch how these future trends are going to benefit businesses and subsequently transform customer experiences. With all that we discussed and with all that is yet to be discovered – the sky ‘s the limit and we are still at the ground waiting to take off!!

 
 

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Trending Technologies That Will Impact Businesses in 2020