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The Tech Business of Tomorrow: 12 Trending Technologies from Gartner

Analytical companies pay attention to the main trends in technological development. Their research helps them make their businesses more flexible and efficient. Gartner described some of the technologies that soon will be integral to business.
The Tech Business of Tomorrow: 12 Trending Technologies from Gartner
The Tech Business of Tomorrow: 12 Trending Technologies from Gartner
Digital initiatives will remain a strategic priority for companies
Digital initiatives will remain a strategic priority for companies
Digital technologies can change almost every aspect of a business
Digital technologies can change almost every aspect of a business
New algorithms, tools and models will become part of most businesses
New algorithms, tools and models will become part of most businesses
Embracing change, introducing new technologies, and fostering a culture of innovation helps companies adjust to new economic circumstances and become more resilient. The pandemic has shown that many technological changes can be implemented much faster than was commonly thought possible.

The rapid development and adoption of digital technologies continues to change business. IDC analysts believe that by 2022, more than half of the global economy will be associated with digital technologies. IDC believes that service firms will be the main drivers of future change and will accelerate corporate transformation, improve the management of multi-cloud environments, and make more ethical and efficient use of AI. The digital environment will become the backbone of most competitive products, services, and processes, including manufacturing and delivery. Experts believe that by 2024, more than half of all investments in IT solutions will be related to digital transformation.

A recent forecast by Gartner says that global IT spending in 2022 will grow by 5.5% compared to 2021 and reach $4.5 trillion. Analysts believe that digital initiatives will remain a strategic priority for companies and become the main tool for organizing a resilient infrastructure and transitioning employees to new types of work. Gartner's experts also identified a dozen of the most vital digital technologies for business in the near future. They are:

Generative artificial intelligence can create original and realistic data based on received content and machine learning. Gartner estimates that by 2025, generative AI will account for about 10% of all data produced.

Data Fabric provides better integration between platforms and users through embedded analytics. According to analysts, it improves data management by up to 70%.

The Distributed Enterprise will become a new business model due to the spread of remote work. Gartner predicts that by 2023, the new format will increase revenues for 75% of enterprises.

Cloud-Native Platforms provide companies with flexible and accessible solutions. Analysts expect almost all digital initiatives to be based on cloud platforms by 2025.

Autonomic Systems can dynamically change their algorithms and quickly adapt to new conditions. Gartner predicts that these innovations will become the norm in manufacturing and logistics technology.

Decision Intelligence is an automatic algorithm designed for continuous improvement of decision-making. The authors of the study call DI a new way for organizations to benefit from rapidly changing data and environments. According to preliminary estimates, 33% of large organizations will adopt DI by 2023.

Composable Applications will become a popular development product that will satisfy companies’ needs for adaptable application design. This type of application is easy to adjust and modify to the desired tasks, and companies that implements this approach will be able to offer new features 80% faster.

Hyperautomation stimulates company growth and resiliency by constantly making processes automated. Gartner's research confirms that this technology improves product quality, accelerates business processes, and increases the flexibility of decision-making.
Digital initiatives will remain a strategic priority for companies
Digital initiatives will remain a strategic priority for companies
Digital technologies can change almost every aspect of a business
Digital technologies can change almost every aspect of a business
New algorithms, tools and models will become part of most businesses
New algorithms, tools and models will become part of most businesses
Privacy-Enhancing Computation provides secure exchange, consolidation, and analysis of data, and protects confidentiality at the data, software, and hardware levels. Gartner foresees that by 2025, 60% of large companies will use computing techniques that strengthen the protection of user data.

Cybersecurity Mesh is a structural approach to flexible and robust cybersecurity management. It consists of a combined design for the security and protection of all assets. Gartner estimates that companies implementing CSMA will reduce financial losses from security incidents by 90% by 2024.

AI Engineering is a comprehensive approach to implementing AI models. According to the study, 10% of businesses that implement advanced AI development techniques will generate at least three times more profit than 90% of than technical laggards by 2025.

Total Experience is an approach that combines the management of different types of experience provided by the company. The main goal of this approach is to increase the trust, satisfaction, reliability, and support of both clients and employees. Gartner believes TX's adaptive and sustainable business results will help organizations profit.

The world is undergoing major changes in nature, technology, economy, and society. Conventional business is no longer acceptable, and only responsible resource management and technology implementation will keep companies competitive.

Most executives understand that new technologies can change almost every aspect of a business. To navigate and adapt to future changes, managers of every type of business must use all ingenuity, creativity, and imagination at their disposal to explore different future options, find new partners, and create space for experimentation. The to-do list is impressive. But the companies that follow through on these priorities will distinguish themselves from their competitors.
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