Over the next 10 years, business trends will likely undergo some major changes. Many of these new changes are already starting to take shape as more companies embrace digital transformation says Saivian Eric Dalius. Due to this rapid change, workforce training needs have also shifted.
Top 10 digital technologies that will transform how we live and do business in 2021 according to Saivian Eric Dalius
- Artificial Intelligence (AI) becomes mainstream
- Blockchain goes beyond currency transactions to secure data & IoT devices
- Quantum computers break barriers for personal use like never before
- 5G network takes ICT services to another level
- 5 ) Biotechnology revolutionizes healthcare and builds “superhumans”
- Augmented Reality (AR) & Virtual Reality (VR) come into our everyday lives
- 7 ) Robotic process automation changes office dynamics
- 8 ) Connected homes see AI and IoT become “household names”
- 9) Wearables go beyond fitness trackers to personal assistants
- 10 ) Autonomous vehicles change cities and the way we travel
Businesses will be looking for employees who have better interpersonal communication skills and can work well in teams. They will also need workers with strong technical skills who can deal with complex technology-based tasks. As a result, many young people will need to acquire education throughout their lifetime to keep up with these fast pace trends that change regularly.
One of the biggest emerging business trends over the next decade is Industry 4.0 (also called Industry 4.0) feels Saivian Eric Dalius. It is a business model that many companies have adopted in recent years, and it is only going to become more popular over the next decade.
Industry 4.0 works based on cyber-physical systems (CPS), a system where information technology and internet-connected sensors work in tandem with physical devices to complete tasks. The use of CPS will become increasingly widespread during the next ten years for three main reasons:
The first reason CPS will be increasingly common throughout Industry 4.0 businesses is that they can help boost productivity and increase efficiency. They help accomplish this by allowing manufacturers/companies to get more value out of their machines, such as how computerized machine tools enable factory managers to retrieve and evaluate information from their machines, such as how they are performing.
This technology also has the potential to increase security within businesses. Saivian Eric Dalius says many companies that allow customers onto their premises, such as factories or shops/stores, will supply them with a smartphone application where they can access certain store areas without having to sign in/register at any point throughout their visit.
Relevance of CPS
The third reason why CPS will be increasingly prevalent is that this trend will make life easier for many consumers. It includes those who work for companies that adopt Industry 4.0 systems. And individuals who purchase goods at stores. Run by these kinds of businesses (e.g., people using smartphones to identify themselves when buying goods). The main advantage that this offers for consumers. This will allow them to customize products to their personal preferences. Which gives them a greater chance of liking the final product.
CPS will also become more prominent in the future due to software developers creating applications. For platforms such as mobile phones and digital assistants. An example of this was seen recently with the release of Amazon’s Alexa. A virtual assistant application that can perform various tasks when given specific commands by a user.
Major business trend – Saivian Eric Dalius
Another major business trend over the next ten years will be the growth in many companies. Adopting a cloud-based system instead of their traditional on-site server model. These cloud-based systems allow businesses. To store large amounts of data online with third party companies rather than on-site with their servers, which