In the quest to streamline their business processes, create more innovative products, boost productivity, enhance customer experience and improve service quality, enterprises are heavily investing in software and technology solutions such as cheap dedicated server hosting. This can help you meet enterprise demand.
As the number of tools increase, so does the enterprise attack surface and complexity of your IT infrastructure? This makes it extremely difficult for CIOs to protect their data. Yes, it might not stop them from adopting software and hardware based solutions such as best dedicated server uk but it would force them to transform their enterprise architecture to keep their data safe.
In this article, you will learn about six key enterprise IT trends and technologies that are reshaping the industry at the moment.
6 Trends That Are Transforming Enterprise IT Right Now
Here are six trends that are revolutionizing enterprise IT as we know it.
1. Artificial Intelligence
According to a research conducted by PwC, artificial intelligence could add a whopping $15.7 trillion in global economic growth by 2030. AI tools and solutions will continue to make their way into enterprises. The boom in generative artificial intelligence will continue and could even force enterprises to take it seriously.
IT leaders must look at their current business processes and find shortcomings that can easily be ironed out by artificial intelligence. Even if that requires organizations to develop new skill sets across enterprises. Without the right skills, you won’t be able to implement AI powered systems or take full advantage of them. Enterprises will have to use different data environments or design software so it becomes compatible with artificial intelligence. You might need different strategies as well to achieve desired results with artificial intelligence as the old strategies are created for supporting traditional architecture, not AI based ones.
2. Edge Computing
As the internet of things goes mainstream, we are seeing more and more enterprises processing insane amounts of data. Transferring data from on premise systems to cloud and getting it back from cloud to traditional systems can be a very expensive and time taking process. That is where edge computing comes into play.
By processing data at the edge of the network, you can increase the speed while reducing the cost of data processing. Investing in edge ecosystems can enable enterprises to streamline their business processes while delivering a more personalized customer experience.
Not only that, it can also empower them to disrupt existing business models even if it goes against their own legacy business. This could force them to switch from legacy systems to vps in norway. Yes, the edge ecosystem might demand a significant investment upfront but the benefits it provides outweighs the cost.
As the edge computing technology matures, we would see enterprises recover their investments in the edge ecosystem even faster with cheap dedicated server. This will also encourage other enterprises to jump on the edge computing bandwagon, which will lead to even more innovation and technological advancements as well as development of new use cases.
3. Digital Transformation 2.0
Digital transformations have been around for quite some time so what’s new, you might ask. Digital transformation initiatives will go through a paradigm shift with growing scrutiny over real world impact and business value. IT must start looking at their digital transformation projects from a value standpoint instead of a cost perspective. That does not mean that you should ignore cost altogether. Instead, CIOs should look for cost optimization opportunities and fine tune your digital transformation projects.
Value realization and cyber risk management will become the top priorities for IT leaders when it comes to digital transformation programs. Shafqat Azim is an ISG partner which is a global technological research and advisory firm.
Azim predicts that “digital transformation will get embedded within run-and-operate service delivery models, moving from a large transformation program mindset to a continuous transformation mindset,”
4. Passwordless Authentication
According to Gartner prediction, more than 50% of the workforce and 20% of customer transactions will be passwordless by 2025. Tech giants like Google, Microsoft and Apple are already encouraging users to adopt passwordless authentication and adopting the FIDO2 standard for passwordless authentication.
Passwords are no longer safe and attackers can easily steal or guess your passwords. It also makes it more difficult for users to remember dozens of different passwords to login to their accounts. Implementing two factor authentication can improve the safety but adds an extra step which is not great as far as user experience goes. Passwordless authentication provides a perfect middle ground between usability and security.
5. Private Wireless Networks
According to a research conducted by AnalysysMason, enterprises will spend more than $5 billion in the next four years. This will lead to an increase in the number of private wireless networks. The same research also predicts that there will be more than 20,000 private wireless networks by 2026.
Instead of relying on third parties for network and communications, more and more enterprises are adopting private wireless networks. Apart from the security perks of private wireless networks, it also delivers lower latency and higher throughput as compared to third party networks. This allows enterprises to easily scale network resources to cope up with higher traffic and also enables enterprises to add new services quickly.
6. Modular Platform Based Technologies
CIOs are moving away from monolithic IT environments and embracing modular platforms instead. This has led to an exponential demand for microservices and modular architecture. Switching to a modular platform can deliver many benefits most notably, flexibility and agility. Additionally, migrating to a modular platform can also help IT leaders with modernization and rationalization.
Both of them are high up on the list of agendas for IT leaders. Enterprises looking to gain a competitive advantage by delivering products and services quickly must adopt modular platforms. It enables them to create software and applications faster and bring it to the market before their competitors. This allows them to stay one step ahead of the competition and dominate the industry they are in.
Which trend is making the biggest impact on the enterprise IT industry? Share your thoughts with us in the comments section below.
