Digital Transformation Future Archives

The pandemic age has brought drastic changes in our ways to work and perform daily activities. Talking about industries, the COVID-19 pandemic has made digital transformation inevitable like never before. Limited resources, travel restrictions, and social distancing norms have compelled entrepreneurs to embrace digital transformation solutions to keep their enterprise productive in this troubled time. As we depend heavily on technology for making our lives comfortable, online solutions have become a new normal across the world. Businesses that want to remain competitive by providing end-to-end customer experiences have to integrate digital transformation trends in their system. In this article, we are going to discuss the top ten digital transformation trends that will influence the corporate world globally. Ten Digital Transformation Trends Set to Rule in 2022 and Beyond Traditional companies are leveraging digital transformation solutions by integrating advanced features in their business models. Digital transformation trends can bridge the gap between conventional processes and technological advancements. However, it is fair to mention that not all digital transformation trends can take enterprises ahead. Here is the list of the biggest digital transformation trends that can reshape the business operations and enable your company to touch new heights over the period. 1. Customer Data Platforms (CDPs) Businesses have become more customer-oriented than ever. A state-of-the-art digital infrastructure, or say, Customer Data Platforms (CDPs) can make the most of customer data to remain business highly customer-centric as companies can reach a huge audience. The primary goal of the customer data platform is to fetch data from all the possible sources. A CDP also manages, organizes, and tags data to make it usable for various purposes. Data analytics can utilize this data to bring actionable insights. 2. 5G and Communication Work from home or remote locations is no longer a new trend. More companies tend to come up with effective ways of communication and digitization to manage business operations remotely. In such a scenario, 5G comes into the picture. We are expecting that 5G will be mainstreamed in the year 2022 to take communication and data sharing to the next level. 3. Multiple Cloud Systems This is one of the most prominent digital transformation trends because cloud-based applications, systems, and software are getting streamlined quickly in enterprises. Also, multiple cloud systems can eliminate the hurdles related to data management while removing vendor lock-ins effectively. Therefore, we can expect that private and public cloud systems will gain ground swiftly in the year 2022 and beyond. 4. Automation in Processes Automation can be a game-changer in enhancing ERP (Enterprise Resource Planning) and business processes. As companies strive to meet deadlines, automation can assist them even with limited resources. Technologies like AI, ML, and robotics play a vital role in bringing automation in core as well as repetitive processes for achieving better agility. Also Read : Your How-to Guide to IoT in Manufacturing- Significance and Benefits 5. Event-driven Architectures At times, real-time data processing is not useful as it provides untrustworthy data updates and poor-quality data. As a result, enterprises have to strive for fixing latency issues and bringing manual solutions. Thankfully, these days, companies can opt for event-driven architecture to make the processing of live data easy and productive. 6. Improved Cybersecurity One of the biggest shortcomings of remote working is all remote devices remain more vulnerable to cyberattacks as compared to office devices. Digital transformation trends focus more on cybersecurity and robust strategies to keep hackers away even while implementing the remote working approach. Digital transformation solutions will enhance security practices for companies while transforming processes. 7. Enhanced Analytics Advanced data analytics can contribute to forecasting demands, managing supply chains, and predicting user expectations. Be it manufacturing or logistics, all core sectors can take the benefits of improved analytics for making their supply chains resilient and improving inventory management. 8. Work from Home Approach It is imperative for organizations to conduct and manage operations from remote places. Also, the workforce has to comply with government norms of remote working and social distancing. As a result, offices have become redundant speedily. As the Work-from-Home approach is here to stay, digital transformation solutions have to facilitate employers and employees to continue with this approach. 9. Blockchain Blockchain technology has expanded its reach from fintech to other core industry sectors. Apart from dealing with cryptocurrencies, modern businesses can use blockchain for securing online transactions and getting smart contracts. This futuristic technology has a tremendous scope and we will witness more expansion across various industry sectors over the period. Blockchain will remain one of the most critical components of digital transformation solutions in the future. 10. Quantum Computing Quantum computer is still in the development phase but it has already generated buzz in the industry sector. Many businesses have also started researching quantum computing. When it comes to improving the efficiency, productivity, and revenue of various industries, quantum computing will play a crucial role in the future. Concluding Lines Digital transformation has become a need of the hour for modern enterprises. These trends will make digital transformation solutions more useful to simplify complexities and meet the challenges of diverse business models in 2022 and beyond.

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Ten Biggest Digital Transformation Trends to Watch in 2022