Top 11 trends of Advanced Technologies Impacting Digital Businesses in 2021
Are you looking to expand your digital business with advanced technologies? Yes! You need to keep yourself updated with the latest trends of advanced and innovative technologies. As you all know the new technologies are emerging with advanced digital business solutions, assimilate these solutions into your digital business to optimize the services of your business.
From the past years, the internet user count has reached around 900+ million in 2021 and it is evident that the evolving technologies paved the way for the digital industry. The various digital industries are adapting the upcoming technologies due to increased online customers.
Just imagine the user count is increasing at a faster pace. Definitely! Entrepreneurs need to face a tight competitive digital business environment. Foresee and implement the solutions with new technologies to break ground in your digital business.
Let us look into the Top 15 trends of Advanced Technologies Impacting Digital Businesses in 2021
Also, Look Out For Network Marketing Statistics 2021
Here goes the list for your reference.
1. AI -Artificial Intelligence
Nowadays all are trying to get things done with the help of Google Assistant. Yes! Alexa is here for you to do everything like a human or maybe we can call it as better than humans in doing all the things in a perfect manner. This is one of the proven evidence of AI getting into the digital world to provide real-time solutions.
I hope now you understood what AI is? If not, it is referred to as Artificial Intelligence. Many years of research to implement this technology machine learning. The machines will perform human activities to complete any task in a very easy and efficient way.
It enhanced the digital business in many ways. Though it is not adopted by all the companies. Some companies like Google, Amazon, Apple started implementing AI for their business development.
2. Blockchain Technology
I hope you all would have seen this technology when you look at something related to recent technologies impacting digital business. Blockchain technology is the distributed ledger technology using the rigid database to store the data with encryption and decryption techniques.
As data plays a crucial role in any type of business, blockchain technology has its own importance in any industry to protect its confidential data.
In 2021 you may see many governments introducing their own crypto banks, the financial, healthcare industries implementing blockchain technology for their operations.
Even the smart contract associated with blockchain technology removes the intermediary between any two business parties. Thus digital business will move to its peak with blockchain technology.
3. Distributed Cloud Computing
Click on it to get a big server with large terabyte storage for your business without any physical infrastructure to support your business. Yes! digitally make use of the virtual server provided to you via cloud computing services provided by the cloud platforms like Amazon Web Service, Microsoft Azure, etc.
This technology has revolutionized the IT industry during 2010 and during 2021 almost 75% of the IT industries are expected to adopt distributed cloud services to build their digital business.
The services of cloud computing are usually known as centralized cloud computing and recently it has distributed its services to many geographical locations to enhance the operations and network focussing the concerned location. This is known as distributed cloud computing.
It increases the benefits of centralized cloud computing like reduced latency, reduced overhead cost, and enhances compliance with regulations regarding data location.
4. 5G Network
Yes! one more generation to go ahead of the 4G network to cover up all the network issues. No doubt it is a 5G network, which will be one of the technology trends impacting digital businesses during 2021.
You can call it a boon to information and communication technology. Huawei, one of the leading service providers of ICT stated that you can look over the deployment of this technology between 2020 and 2030. However, the 4G network has not declined and it is expected to reach around $670 billion at the end of 2021.
5. Human Augmentation
Augmenting the human body parts to enhance their cognitive skills and utilize in many technological systems to execute the impossible or difficult tasks in an efficient manner. This whole process is known as human augmentation. The implants are installed in the human body to enhance their abilities.
Enhancing the abilities of human resources will definitely help to expand the digital business services and to provide quick real-time solutions for highly difficult challenges.
The market growth related to human augmentation is expected to reach USD 206.9 billion during 2024 and it is around USD 70.9 billion during 2019.
Many reports state that human augmentation technology is used by the armed forces of different countries to enhance their skills and to provide better service to their own country.
6. Medical Enhancements
The most awaited technology in 2021 is medical enhancements. Medical enhancements play a major role in the healthcare industry. 3D printing in the medical field is opening up digital business solutions for many prosthetic companies.
Bionic ear, 3D printing eye, and many bionic body parts provide real-time solutions to come up with the required prosthetics. The researched bionic ear at Princeton University will be able to hear RF (Radio Frequency) range higher than the normal human hearing range.
7. Data Security
Almost 90% of business operations are trying to protect their confidential data with high security. As we already discussed, data plays a major role in accomplishing any type of business, data security is one of the important tech trends followed by many digital businesses.
With GDPR (General Data Protection Regulation) on track, the entrepreneurs came to know more about their data breaches and fraudulent activities.
Around 80% of the enterprises will be advancing towards data archiving by the end of 2021. When compared with the 2018 stats, it is more than 70 % growth towards data security.
It is one of the important technological trends that will show off its light towards the advancing digital business. Data handling with public blockchain will be one of the major concerns during 2021, so data security is going to be an inexorable trend.
8. Digital Marketing
You all know that marketing is an essential part of any business. Recently you would have heard more about digital marketing. As many marketing techniques are flooding the market on a daily basis, following the perfect digital marketing strategies will enhance digital businesses.
Many digital marketing techniques are emerging in 2021 to build space for real-time digital business solutions.
Using social media channels effectively
SEO data structure
Predictive marketing
Launching smarter advertisements
Emails and Auto-responders
Currently, we all are using digital payment gateways like Google Pay, Paytm, PhonePe, etc for quick and easy payments for any type of transaction like bill payment, purchase, etc.
Similarly, the crypto payment gateway is in trend for all digital payment solutions. Most of you would have heard about the most powerful crypto coin Bitcoin. Many organizations started implementing Bitcoin payment processors for their business transactions in a more secure environment with the use of blockchain technology.
Crypto providers are offering crypto wallets to store the cryptocurrencies and also initiated ICO for their digital business growth. This has increased the count of crypto investors in 2021 from the past few years.
10. Edge Computing & IoT
Edge to IoT will take your digital business to the peak. Edge computing is a type of cloud computing where the data storage required for computing is very close to the business location. Thus it reduces latency, bandwidth and ensures efficient business operations.
I hope you all know about IoT, if not it is referred to as -"Internet Of Things". To say in simple words, remotely operate your devices with a single click from your smartphone.
Many enterprises are making use of edge computing with their IoT applications to enhance the speed of operation. Overall, it improves business productivity with this initiative. This new technology trend is going to make remarkable changes in digital business solutions in 2021.
Edge computing with IoT technology plays a major role in enhancing your digital business operation. Since IoT requires the data to be transmitted at a higher rate to operate remotely, Edge computing paved the way for IoT applications.
11. VR & AR
Would you like to experience indoor skydiving? Yes! It is a perfect example of VR-virtual reality. Simulating any virtual environment to experience the real-time effect is known as virtual reality.
So what is AR? AR is Augmented reality. It is a live view via the smartphone camera with all the added digital elements to have a real-time experience of the view. For example, you need not imagine how your room will look with new furniture or wall paint. Take a pic of your room in AR Apps so that you will be able to design with the required items to have a real-time effect.
The integration of both technologies with AI plays a major role in digital business in the upcoming years. The computers may find real-time solutions with AR and VR technologies and will act accordingly to solve the difficult tasks.
Conclusion
Finally, with all these advanced trends of the year 2021, you will be able to find the way for the real-time challenges faced by digital businesses. As the technologies are evolving in this digital era, you may come up with new innovative ideas in the future.
Technologies like Blockchain, AI integrated with VR/AR are growing technologies. However, technologies like cloud computing, digital marketing are flooding the market of digital business.
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