Today, the digital revolution that was started by digital computers some 70 years ago. However, the world has never been the same since the advent of the internet and the other technological advancements it sparked.
Technology has a huge influence on all part of our lives, including how we think, communicate, go about our daily lives, work, pass the time, and operate our companies. The essay will take you through the last 10 years of breakthroughs in personal technology, corporate technology, media/entertainment technology, and communications technology to help you reflect on how digital transformation has impacted the world we live in over the previous ten years.
Ten Years of Embracing Technology
The period from 2011 to 2020 may be properly referred to be the decade that saw the integration of digital technology into our personal and professional life to a degree we may never have anticipated. Digital technologies are essential to how we operate in the modern world, from being the tools and platforms we use to feeling like extensions of ourselves. The “hyper-connected” nature of the globe is forcing us to live more and more of our lives online.
Future Trends in Digital Transformation
Let’s take a quick glance into the future after examining how the previous ten years have molded the digital revolutions that have an impact on our lives and jobs.
- High Speed Network
As connected devices proliferate, networks must become quicker, more effective, and more intelligent. Faster processing and wireless connection speeds will be delivered by Wi-Fi 6 and 5G working together to provide smoother and more reliable connectivity for homes and businesses.
- Analytics will Advance as a Source of Advantage
The majority of businesses are aware that data is the currency of the future and that real-time data processing for actionable insights is essential to success. Plus, it will be difficult to stay competitive without using cutting-edge analytics technologies as the amount of data that has to be gathered, analyzed, and transformed into insights keeps growing.
- To Improve Their Performance, Use Machine Language and Artificial Intelligence
Complex data sets can now be broken down and analyzed in a fraction of the time it once required thanks to advances in AI and machine learning algorithms that are growing better at data analysis and prediction. Analytics technologies are becoming more logical, user-friendly, and reliable thanks to AI and ML. It is obvious that over time, their speed and accuracy would only get better based on trends and the opinions of experts.
- Beyond Bitcoin, Blockchain Will Advance
Blockchain will have more significant use cases than cryptocurrencies in 2020 and beyond. We’re starting to see actual use cases for blockchain outside of monetary transactions and cryptocurrencies thanks to major businesses like Amazon, Microsoft, Samsung, IBM, and Alibaba making an impact in this space. According to Forbes author Dan Newman, “the genuine growth of Blockchain might begin in 2020.” As other potential areas of use for the technology, he mentions food safety, intellectual property and royalties, and real estate/asset management.
- UX and User Privacy are Still in Charge
User and customer experience (UX/CX), which is a key component of successful digital transformation initiatives, will continue to see increased business investments. Contrarily, privacy is quickly evolving into a brand differentiation as customer preference shifts in favor of companies that offer them access to their data. As a result, we’ll soon see more businesses taking privacy and data security seriously.
To Sum Up
The need for skills in the new technologies of the digital transformation is rising along with the security and growth of the digital economy. The moment to adjust your profession to rapidly evolving digital technologies and get ready for stable employment in the digital future is now.
