It’s not something that happens once and then stays the same, but rather a gradual evolution toward greater perfection. To keep up with the ever-evolving business landscape, you must adapt your methods.
Cloud Computing
In the past, all of a company’s information technology (IT) was housed inside its own walls, and it was entirely under the control of its own staff. The advent of virtualization made it possible to install numerous operating systems on a single machine. The advent of cloud computing brought with it the possibility of using the internet to access virtualized infrastructure as a Service (IaaS). And with 5G rollouts, even mobile devices can be used to access IaaS.
These days, almost every business makes use of cloud computing in some way, whether it’s to store emails in Google Drive or to host websites on Amazon Web Services (Amazon Web Services). And still, as the majority of people are not using it extensively, it has the potential to grow even further once everyone is on-board.
Internet of Things
Do you know what the Internet of Things (IoT) is? The Internet of Things (IoT) is the networked interconnection and communication between physical devices, cars, buildings, and other entities that are equipped with electronics, software, sensors, actuators, and network connections. The Internet of Things will be particularly useful in facilitating the digital transformation of the healthcare system.
With the rise of the patient-centric approach in recent years, there has been a greater emphasis on facilitating open lines of communication between doctors and their patients. Because of this change in how we interact, several companies are looking at how chatbots and other virtual assistants like Siri and Alexa can improve customer service.
Big Data Analytics
Big Data Analytics is the practice of gaining insight from massive amounts of data for the purpose of improving decision-making in business. To fully realize the potential of digital transformation and artificial intelligence, big data analytics must be implemented.
Companies can learn a lot about their consumers and how they use their goods thanks to Big Data Analytics. This data can be used for targeted advertising in both digital and traditional channels, such as tailored product recommendations based on an individual’s past purchases or other activities. Big data analytics and artificial intelligence are being used together by certain businesses to automate decision-making tasks like fraud detection and automatic bidding on marketplaces like Amazon and Alibaba. In 2023 we expect that organizations will continue using Big Data Analytics as a key component of digital transformation initiatives.
Artificial Intelligence
In computing, artificial intelligence (AI) refers to the application of machine learning for the purpose of decision-making and prediction. Artificial intelligence (AI) enables a machine to learn from data and make judgments based on its training data and any other pertinent information provided by humans. AI may be seen and experienced via devices like Amazon’s Alexa and Google Home, which respond to voice requests to do tasks like setting reminders and playing music. As smart home devices and wearables are interconnecting AI with virtual assistants like Alexa and Google home, it has a lot of potential for an upside moment in 2023.
Virtual and Augmented Reality
As a result of its ability to enhance and diversify current systems and facilitate new forms of cooperation and creativity, augmented and virtual reality (AR/VR) are quickly becoming universal technologies. Retailers like IKEA are incorporating augmented reality (AR) into their online catalogs so that customers can see how furniture will appear in their homes before making a purchase. As a result, VR has been used by businesses as a means of teaching workers the proper use of equipment before they are ever allowed to use it in the field.
These technologies are transforming how we buy, envision the future of our homes and companies, interact with consumers, and sell items to them. These technologies will continue to evolve as they improve and become more accessible to everyone!
Robotic Process Automation
The term “robotic process automation” (RPA) refers to a technique that uses robots to carry out mundane but necessary commercial tasks. Many times, these responsibilities are mundane and repetitious, and they require dealing with data that has already been organized. Using RPA, you can automate mundane tasks like creating invoices for new customers that join your service by reading data from your database and producing bills based on that data.
The benefits of RPA include:
- Faster performance Improved accuracy
- Reduced human error
Digital Innovation Hubs (DIH)
The concept of a “Digital Innovation Hub” (DIH) is quickly gaining popularity in the realm of “digital transformation.” To what do your thoughts turn when we use the word “innovation?” Maybe you see a doctor bent over a microscope, or a technician fiddling with the smartphone’s circuit board. Images like this illustrate the common conception of innovation: solitary geniuses working away at their computers to produce revolutionary new products.
Digital Innovation Hubs, also known as DIHs, are organizational structures created especially for encouraging cooperation among teams engaged in digital transformations across all departments so they may work together to accomplish shared objectives and provide better outcomes more quickly than previously. The advantages of DIHs are many, and they include: reducing complexity by centralizing information, boosting participation, establishing accountability, fostering the development of leadership abilities, and improving performance indicators.
Blockchain
With blockchain, your data is safe and accessible to everyone. Blocks are records kept in a decentralized database that continues to increase over time. Bitcoin (the cryptocurrency) transactions are included in each block, along with other information used to validate the block’s authenticity. A network of computers, or “nodes,” work together to keep the blockchain operational.
These nodes update their own versions of the blockchain on a regular basis with fresh blocks of data from other nodes in order to receive updates from other computers on their own copy of the blockchain, hence ensuring consensus across all nodes on what is deemed an accurate version of history.
Immersive User Experience (UX) such as Voice, Chatbots, NLP, etc.
One of the most interesting developments in the field of digital transformation is the rise of the immersive user experience. With immersive UX, you can provide your consumers with an all-encompassing experience by appealing to their sense of sight and hearing, among others. Technology such as chatbots and voice assistants like Siri, Alexa, Cortana, etc., as well as AR, VR, MR, holograms, avatars, enhanced speech recognition, and NLP, are just a few examples.
Keep in mind that the degree of difficulty in implementing an immersive UX in any given industry will depend on the specifics of the technology being utilized and the specifics of deployment strategy (on-device vs cloud-based).
Solutions for hybrid and remote-work
Organizations will want solutions that allow seamless communication regardless of location. Businesses will use digital transformation technologies to manage work and collaborate with internationally dispersed teams and stakeholders. According to McKinsey & Company, COVID-19 has accelerated the adoption of digital technology across sectors over the years. Demand for digital transformation services will also increase in 2022, as remote work overtakes onsite cooperation in several sectors.
Conclusion:
The 10 trends we’ve just discussed are all part of the next phase of digital transformation, and they promise to bring some new and exciting developments to the world. We have barely scratched the surface of the future; there are many more possibilities beyond those we have discussed.
While the potential benefits of digital transformation are essentially boundless, we can anticipate significant changes in how organizations manage their day-to-day operations and interact with their consumers over the next several years.
If you are looking to deliver innovative digital experiences to your customers, let AppleTech help you. With our team of experts and your innovative idea, we can help to turn your dream project into reality.
