Digital transformation is now an established jargon being used by technology experts across domains for businesses. While people are familiar with the new age technologies that aid to digital transformation, here are the top five technology trends (in no particular order) that will impact businesses across the globe:
AI has already become a buzzword and there is a lot of potential that this technology holds. It is powering a number of solutions in various industry sectors, but cybersecurity tops the list. Research is on to make AI and deep learning much more reliable so that it can address addresses the myriad challenges digital businesses will face.
It is one of the most promising technologies that can improve business efficiencies while protecting businesses from evolving cyber threats. Using ML and deep learning, devices and systems can be trained to identify behaviours, apply behavioural analytics, and help identify complex threats. Machines can even be trained to automate tracking and patching of devices. Unfortunately, cybercriminals too will leverage ML for evolved evasion tactics.
Today, businesses have access to a lot of personal information about their customers. From browsing behaviours, spending patterns, and payment preferences to personal information such as credit card details, addresses, and phone numbers, businesses are using this data to improve customer experience with personalized services and offerings. That said, there is also a lurking fear of misuse of the data with businesses invading the privacy of their customers. Apart from the introduction of the General Data Protection Regulation (GDPR), in the coming year aware customers will make businesses accountable for how the personal data is used.
Cybersecurity has always been a trend and still remains the most talked about trends in predictions every year. That is because cyber threats are ever-evolving and becoming more complex with every passing year. In today's data-driven economic landscape, complete with Internet of Things, Big Data, cloud computing, and so forth, cybercriminals have multiple avenues to orchestrate crimes.
With the amounts of data being created every day, data-centers will need to evolve with the rapidly changing requirements. Edge computing will come to the rescue, making it possible to process the data at the 'edge' of the network, i.e., close to where the data is generated. This will allow application of data security practices such as anonymization before data is transferred to the data center.
The article has been written by Neetu Katyal, content and marketing consultant
She can be reached here.