Work productivity has not changed significantly in more than 20 years, not since email and Internet services first appeared in offices. However, the widespread use of artificial intelligence (AI) and machine learning in enterprises, coupled with collaborative systems, interconnected teams, and tech-savvy business leaders, point to the next shift in productivity.
- A study by the McKinsey Global Institute found that communicate and collaborate through collaborative tools (unlike for example e-mail) can increase the productivity of “knowledge workers” by 20 to 25%.
A study published in the book Accelerate, which presents Agile and DevOps techniques, indicates that successful companies “show 50% higher growth in their market capitalization over 3 years than underperforming companies.”
As shown by the trends we’ve highlighted for 2020, whether it’s AI, the Internet of Things (IoT), data ecosystems, or the way teams are organized, companies are now achieving unprecedented levels of productivity and innovation. In this article, we are going to share with you the top 5 tech trends for 2021.
List of Top 5 Tech Trends For 2021
1. AI is one of the Top Tech Trends for 2021
In this list of top tech trends for 2021, we have Artificial Intelligence right now. In 2020, professional service providers will struggle to understand how AI can, or will, change their businesses. Artificial intelligence is revolutionizing the professions of justice, accounting, health, and education in two ways: through democratization and through decision support.
AI is helping to democratize professional services by delivering personalization features and one-on-one services to a wide range of customers through smart solutions at low cost. This software can improve many aspects of our lives, but will not take control of them.
At the same time, AI will help professionals in these industries by offering new information, tackling information overload, and reducing the number of human errors. As these decision support systems become more sophisticated, professionals may find themselves unable to do without them, lose their skills, and no longer pass them on.
“Artificial intelligence is revolutionizing the professions of justice, accounting, health, and education in two ways: through democratization and through decision support.”MUHAMMAD ABDULLAH
Businesses will need to find the right compromise between using AI on the one hand and the potential loss of skills on the other.
Businesses will determine the ideal interactions between AI solutions and people, to get the best of both worlds. Organizations need to protect themselves and anticipate unintended consequences by training people so that they can quickly spot bad biases or dangerous AI behaviors and take corrective action. But overall, AI will help reveal information hidden in systems, open up possibilities for consumers and increase the expertise of professionals.
2. We no longer design services for humans but services for machines
The design of systems is changing. IT services are now thought-about machines rather than humans. The data processing system is located as close as possible to where the data is located (see trend # 3 that we identified last year). This will open up new perspectives in the design and architecture of the transformation. For companies, it is also an opportunity to continue modernizing their IT infrastructure.
Businesses will make decisions faster with microprocessors capable of thinking in nanoseconds. Humans need a little longer (0.5 to 1 second). And these decisions will be made in near real time on the basis of ever-increasing data. Workflow architectures are continually updated with improved machine-to-machine (M2M) communication capabilities. Analysis functions will continue to move to the edge of the network, where the data resides. They will benefit from saving time, making better decisions, faster and at lower cost.
The design of systems is changing. IT services are now thought-about machines rather than humans. The data processing system is located closest to where the data is located.Muhammad abdullah
These design patterns, through more “local” processing and the resulting faster, more relevant results, enable consumers to benefit from richer experiences. Let’s take a moment to look at city traffic. Signals from parking meters to traffic lights, through traffic flows, to self-driving cars and smart cities will be able to collaborate through edge networks and will not need to be connected to remote data centers and centralized.
3. Data value increases in ecosystems
In this list of top tech trends for 2021, we will find out the importance of data right now. Sharing information will be a key trend in 2020, driven by companies that aggregate their data in ecosystems to achieve their goals. Autonomous vehicle sensor data is shared among automakers for free use. Data concerning a patient’s health can be shared between health professionals and public health agencies in order to improve medical care and offer personalized paths in terms of well-being. Financial data can be shared between banks and investment firms in order to achieve the best returns for a client.
However, for these ecosystems to thrive, we need security rules that give both the right to everyone to share their data and the company to consume it. Thus, new methods of blockchain-based identity verification and authorization are emerging.
Through these technologies and a combination of AI, IoT and shared ledgers, we will see manufacturers, service providers and consumers willing to share their data. The value of these ecosystems will increase all the more when individuals agree to their personal data being used, a movement reinforced by the General Data Protection Regulation (GDPR).
Once these elements are in place, ecosystems can be expected to develop rapidly. The leaders will seek business models and partners, with which the sharing of data – secure and regulatory – allows to improve the exploitation of the infrastructure and the offers. Entity managers need to understand that ensuring data compliance, and applying AI and analytics to it, unlocks new insights that are essential for creating business value.
At the same time, the technical community will work to create identification and consent mechanisms to manage the use of our personal data and to ensure that the value of that data is shared responsibly.
4. Teams are super performers, not superstars
In this list of top tech trends for 2021, we have our team right now. Companies are starting to admit that just going faster (having more meetings, for example) does not fully unlock their potential; organizations need to create super performing teams.
High performing and effective teams have the means to make key decisions. They understand their mission and their limits, and we trust them. They communicate and share information with other teams, and keep in mind the participation in the decision-making process and the degree of involvement of each. A flexible structure combining multidisciplinary teams can offer many options, unlike the traditional pyramid and its siled teams, with limited options.
A flexible structure combining multidisciplinary teams can offer many options, unlike the traditional pyramid and its siled teams, with limited options.Muhammad abdullah
Companies wishing to organize a dynamic environment must put in place strategies for acquiring and developing talent that are based on interconnected teams, made up of individuals combining several skills, rather than on siled teams made up of “superstars”. Abandoning “super-collaborators” to move towards “super-teams” is essential for the speed, flexibility and performance of the company.
The goal is to make teams productive; The massive adoption of collaborative work solutions like Microsoft’s Slack and Teams is proof that businesses are eager to harness this productivity. Each team member brings a double background (knowledge of the company and knowledge of technologies), learn from each other on a daily basis, create synergies and continuously optimize; which a less intimate organization would not allow.
Companies will restructure to put in place interconnected teams throughout the organization. Ultimately, building better teams will build better people and better companies. Being able to develop and manage a network of top-performing teams will be critical to business success in 2020.
5. New wave of leaders accelerates business transformation
The change of leadership in the company will gain momentum in 2020 with the proliferation of markets focused on new technologies. New leaders will advocate for technologies that can improve the speed, agility, productivity and innovation capacity of the business.
True technological evangelists, these leaders work with management teams to develop a digital strategy, centered around major projects: the development of smart products, mergers, and acquisitions, the development of intellectual property and training, for example. For technological leaders, the mission goes beyond the implementation of IT solutions; it involves skills and a new culture.
The company needs these new leaders to act in the middle of the organization as well, where inertia is often a challenge. Our tips for becoming a modern business leader:
New leaders will advocate for technologies that can improve the speed, agility, productivity, and innovation capacity of the business.Muhammad abdullah
- Understand. Probe the tech world to find emerging trends and visions.
- Be more open. Take part in new projects and share your thoughts with your partners and the sector in which you operate.
- Access to R&D. Create links with universities and institutions, to consider the application of R&D from one sector of activity to another.
- Promote the culture of agility. Focus on multidisciplinary teams, experimentation and training, as well as business results.
Like their teams, the new leaders have a dual background, a solid understanding of the business and the technologies. As they emerge, new technologies will generate more tangible value for the business and business transformations will accelerate.
New Top Tech Trends are coming for 2021
So, these are the top 5 tech trends for 2021. Historically, advancements in technology from the cotton gin to the car have caused short-term upheaval and have been very controversial. In the long run, these innovations and many others have transformed economies and societies in positive ways.
We live in a time of unprecedented change, developments made possible by technology. And yet the most important phase, driven by AI and machine learning, analytics, IoT, and other data-driven technologies, is just getting started. It is likely that the way we define work and work will change dramatically. It will be a good thing.