Top Tech Trends For the Next Decade
According to McKinsey and Company, these are the 5 top technologies attracting the attention and funds of investors and technologists. They are also the ones most likely to feature prominently in the changing face of the modern workplace. Understanding the impact these tech trends will have on organizations and on the people whose jobs will be affected, could be key to avoiding any of the worst downsides of the disruption that may follow.
1. Process automation and virtualization
Around half of all existing work activities could be automated in the next few decades, as next-level process automation and virtualization become more commonplace.
“By 2025, more than 50 billion devices will be connected to the Industrial Internet of Things (IIoT),” McKinsey predicts. Robots, automation, 3D-printing, and more will generate around 79.4 zettabytes of data per year.
2. The future of connectivity
Faster digital connections, powered by 5G and the IoT, have the potential to unlock economic activity. So much so that implementing faster connections in “mobility, healthcare, manufacturing and retail could increase global GDP by $1.2 trillion to $2 trillion by 2030.” 5G and IoT will be one of the most-watched tech trends for the next decade.
“Far-greater network availability and capability will drive broad shifts in the business landscape, from the digitization of manufacturing (through wireless control of mobile tools, machines and robots) to decentralized energy delivery and remote patient monitoring.”
3. Distributed infrastructure
By 2022, 70% of companies will be using hybrid-cloud or multi-cloud platforms as part of a distributed IT infrastructure. It will mean data and processing can be handled in the cloud but made accessible to devices faster.
“This tech trend will help companies boost their speed and agility, reduce complexity, save costs and strengthen their cybersecurity defenses,” McKinsey says.
4. Next-generation computing
Next-generation computing will, McKinsey believes, “help find answers to problems that have bedevilled science and society for years, unlocking unprecedented capabilities for businesses”.
It includes a host of far-reaching developments, from quantum AI to fully autonomous vehicles, and as such won’t be an immediate concern for all organizations. “Preparing for next-generation computing requires identifying whether you’re in a first-wave industry (such as finance, travel, logistics, global energy and materials, and advanced industries),” McKinsey says, or “whether your business depends on trade secrets and other data that must be safeguarded during the shift from current to quantum cryptography.”