What Are the Top 4 Technological Trends Today?

Technology is rapidly evolving today, allowing for faster change and progress all over the globe. Generative AI, data fabric architecture, cybersecurity mesh, autonomic systems, name it! But what are the top 4 tech trends of 2022?

Hyperscalers

These cloud consolidation winners will dominate the software and IT services market. Hyperscale cloud solutions offer Software as a Service (SaaS), cloud platforms, and cloud infrastructure. They couple this with in-house business solutions to provide complete cloud-native solutions and cloud-based IT strategies.

The hyperscale cloud service industry is controlled by a few large providers. Nevertheless, there exists some challengers, niche companies and regional actors. As such, the market is expected to become increasingly concentrated by 2022.

How so? Hyperscalers boast shortened innovation cycles — they’ve shrunk from years to months or even weeks — which explains the swarm of interested parties. Their impressive R&D spending also contributes a great deal to the lucrative venture.

They’re vertically entering many additional IT industries with these investments, including some that aren’t cloud-based but require or benefit from cloud techniques, making them an essential part of every enterprise’s digital transformation.

We anticipate that companies that dominate cloud infrastructure and platforms will also own the client’s data strategy and the majority of the future IT application ecosystem in the future. Customer help desk software is one of the leading and most popular types of cloud infrastructure platforms as it is high in demand. Likely, they’ll offer foundational services for leading industry trends like environmental, social, and governance (ESG) as well as low-barrier enterprise software services. They could also eventually dominate mega IT trends like artificial intelligence (AI) and quantum computing – either directly or through their partner ecosystems.

Industry clouds

Customized platforms are the next big thing. Industry clouds are cloud and data platforms that are tailored to the specific requirements of specific industries. They’re the next step in hyperscaler progression, going from a general technological operation to a more personalized platform that combines macro- and micro-applications, as well as data management, into one package.

Industry clouds extend beyond Software as a Service (SaaS) and Platform as a Service (PaaS) and vertically integrate industry business solutions, workflows, customer relationship management, enterprise resource planning, and other services.

With standardization and pre-configuration, industry clouds will certainly support the cloud-everywhere modernization trend. This will allow industries to digitally transform at scale. With completely connected cloud environments, your organization can be more nimble and minimize complexity.

It can also have a favourable impact on the speed and cost of IT modernization. This is because maintenance, upgrades and innovation will all be built into the platforms automatically. Hyperscalers use these methods to extend the breadth of their system integration and independent software vendor partner ecosystems, resulting in de facto industry standards.

Quantum Computing

It has the potential to optimize complex operations in the near future. While quantum computers are still at least a decade away from widespread adoption, we’re seeing new technologies appear on the market that incorporates quantum principles. And not just that, but they have the potential to make a huge difference for computing power-hungry industries.

One example is in the area of optimization problems, which are notoriously difficult to solve using traditional methods. Quantum physics principles are being used to reinvent — and accelerate — current optimization methods. Because they require highly scalable compute power, the pharmaceutical, biotech and financial service industries could benefit the most from quantum computing.

KPMG recently developed a quantum technology cluster to investigate applications in three primary areas: cybersecurity enhancements using quantum cryptography, computing speedup on quantum computers, and super-precise measurements using quantum sensors.

Metaverse

The beginning of a new era where business real estate will shift from physical to virtual. Forward-thinking companies are already constructing metaverse places – virtual worlds where people use avatars to interact with their surroundings and with each other.

Some even allow citizens to hold virtual assets on the blockchain and exchange them as non-fungible tokens (NFTs) on the open market. Businesses are preparing for a drastic transition even as the metaverse’s technology is being developed. Many leaders, however, are confused about how to connect with the metaverse concept because it has just lately achieved appeal in the public eye.

Wind Up

In our ever-faster world, which technologies are gaining the most traction? We have reason to believe that these 4 trends come first. They are the most important for firms and leaders as everything digital continues to accelerate!