Technology Trends In 2022: TOP Business Development.

 Technology trends in 2022: TOP 7 business Development Areas. 

 

In 2022, companies will face global digitization, the popularization of public utility business models, and more investment in cloud technology. 

 

 In 2022, the main technological trends for business development include new utility business models, global digitization, artificial intelligence development and application, and even the increasing popularity of cloud technology, etc. 

 

 Utility business model 

 

 According to Dave Padmos, director of EY's technology, media, and entertainment, and telecommunications (TMT) consulting business in the US, traditional sales models will lose relevance in 2022. What I Pay for Products/services will be replaced by the utility business model depends on actual consumption (based on consumption) 

 

 Due to this approach, everyone will benefit from the business and the customer. The former will obtain new investments, and the latter will obtain cheaper products because they only pay for specific consumption and access to the latest technology. 

 

 2022 Utility models are expected to take different forms, depending on time, quantity, and actual application. Ernst & Young’s 4,444 surveys of 700 technology companies show that most of them are adopting utility business models. However, only 56% of CEOs believe their marketing team is ready for digitalization. 

 

 Therefore, according to Dave Padmos, next year technology companies will focus on transforming sales and marketing functions, financial planning, analysis, and receipt accounting, and most importantly, reconfiguring (or creating) the digital supply chain.

 

 On a global scale, commercial companies will reconsider their gon to market strategy. Therefore, it may shift from the current transactional sales model to continuous customer relationship management. This shows that the success of technology companies will be closely related to customer satisfaction with their products.

 

Investment growth in cloud technology

 

 

Among the technology companies surveyed by Ernst & Young at the end of 2018, 60% of their investments were mostly in the cloud. At the same time, 53% of respondents said that cloud technology will become the focus of their investment in the next two years. 

 

 At the same time, due to COVID19, a large number of employees have turned to remote work and investment in cloud technology have shown strong growth.

 

Considering this trend, the cloud is a major competitor for digital companies.  Therefore, the latter will optimize costs by introducing innovation in the cloud. They are expected to generate demand for popular cloud services such as data analytics, workflow automation software, and artificial intelligence (AI) by 2022. 

 

 Artificial intelligence 

 

 Artificial intelligence technology opens up broad perspectives in human interaction solutions -computer 

 Automobiles or commercial vehicles. And while the world has long valued machine learning, neural networks, and deep learning, artificial intelligence is still in the early stages of development.

 

 Generative artificial intelligence in future technologies in this direction. It allows you to automatically create 3D and 2D images. It can also be used in industries such as health and astronomy.

 

 For example, it can be used to easily create organic molecules, prosthetic limbs, design astronomical simulations, develop more energy-intensive batteries for electric vehicles, and perform many other tasks. It can also be applied to the field of gambling. 

 Given the unique capabilities of artificial intelligence, companies, and research canters will more easily advance their development and research.

 

Flexible supply chain

 

 

COVID19 teaches that the supply system must function properly under all conditions. This means that the supply chain must be flexible and able to adapt quickly to any force majeure situation.

 

 Given this, it is expected that by 2022 companies will form a Rapid Response Team (RRT) whose task is to develop various supply solutions for different situations (decrease or increase in demand, production failures, etc.). 

 

 To reduce costs, companies will focus on optimizing procurement strategies, rationalizing production and distribution areas, and transforming the supply chain into a flexible ecosystem.

 

Data Protection and Deletion

 

 The rapid development of Internet technology makes a large amount of information "live" on the Internet, which may become the target of hacker attacks at any time. The personal data of users and entire databases of large companies may be attacked.

 

Therefore, by 2022, the main challenge for technology companies will be to develop and adopt strategies to protect their data.

 

It is worth noting that data owners as well as lawyers, network security professionals, and the entire IT industry must participate in the development of such strategies. Only by adopting this method can the results be expected to be applicable to practice.

 

 Data Processing Platform

 

In 2022, technology companies will pay more attention to cooperation with big data. Organizing data will become one of the biggest challenges facing technology companies and these companies have not paid much attention to it in the past.

 

 Today it is clear that big data has enormous potential and companies have realized the relationship between data, business processes, and systems.

 

Therefore, by 2022, the demand for professional platforms that process data and provide analysis and solutions for it will grow. Machine learning and blockchain technology will play an important role in this regard. The latter is particularly popular due to its security, anonymity, low cost, and reliability of use.

 

 Let us remind you that the Russian financial sector is expected to undergo a global transformation into the high-tech sector. In particular, we are talking about the announced digital rumble and a virtual wallet.