5 Technology Trends that Maximize Your Business Productivity

Undoubtedly, 2020 was a crazy year and we all happen to have closed that chapter and moved on to 2021. With the COVID-19 pandemic, stay-at-home mandates, and a pause in business travel, we’ve learned that businesses require more productivity surrounding strategy to maximize overall industry operation. This requires businesses to adopt new trends and technology in 2021.

With technology growing at such a rapid pace, progress in business and the accelerating rate of change is growing exponentially. It is not only the latest trends that are changing but a lot more has changed by necessity. 

In this article, we’re going to learn about the latest technological trends that can help you to maximize business productivity in 2021. So without further ado, let’s get started!

Latest Tech Trends to Follow in 2021

1.Internet of Things

In 2021, the Internet of Things is the new technology trend to follow for businesses that are in favor of increasing productivity (which should be all of you).

The worldwide spending on IoT is expected to reach 1.1 trillion U.S. dollars in 2022. The future of IoT has already enabled devices and the exchange of data over the Internet that’s benefiting businesses in myriad ways.

Customers are already benefiting from IoT as well. When we forget to lock our doors, we can do it remotely, and if we’re running late for dinner, we can preheat ovens on our way while tracking our Fitbits at the same time to keep tabs on our fitness goals.

Everything is connected. Businesses have a lot more to gain from the latest IoT trends in the near future. And we’re only at the initial stage of this new tech trend. 

The IoT trend gives better security and helps with improved decision-making by collecting and analyzing critical data for businesses. It helps to enable predictive support and maintenance, enhanced customer service, and provides numerous advantages that we haven’t even imagined yet. 

Data collection technology is critical to business success
Image: Data collection technology is critical to business success – Source

According to Forecast’s suggestion, around 50 billion IoT devices will be in use by 2030 globally, creating a massive web of interconnected devices. New tech trends such as 5G are expected to increase market growth in the future.

Artificial Intelligence and the Internet of Things are the most used tech trends gaining rapid popularity to interpret and understand the world around us. It helps to gather and manage a bulk amount of data which will become better in the coming years and sophisticated in the solutions they uncover for us.

2.Blockchain

Another promising tech trend to follow is the Blockchain technology concerning Bitcoin. This technology provides security that is useful in various ways to describe the data that helps to change the previous blocks and makes it more secure. Blockchain is consensus-driven so it cannot take control of the data to validate transactions.

Countless tech industries are planning to implement blockchain in the future because the demand for dedicated experts and professionals is rapidly growing. A blockchain developer is an expert in offering solutions using blockchain technology and implementing the architecture.

If you’re fond of using blockchain and its applications and you aspire to take your career in this direction in this rapidly growing technology sector, then this is the right time to take initiative. Make sure that you have a decent amount of experience in the fundamentals of OOPS, data structure, and web app development before completely getting into blockchain.

Beyond professional use, Blockchain has trickled into the gaming space, with people even quitting their jobs to play Blockchain games. And some are enjoying a lucrative income boost from their efforts.

3.Virtual and Augmented Reality

Virtual, Augmented, and Extended reality are the big thing in the tech trend that you must follow in 2021 to maximize your business’ productivity. In the past few years. This trend was used for gaming and to train Coast Guard ship captains, navy, and army.

According to a report, more than 14 million AR and VR devices were sold in the past year and the market is expected to grow to $209.2 billion in 2022. These will open up new opportunities in the technology and experts are ready for this game-changing field.

These technologies are applicable across so many industries. For example, in healthcare patients can utilize AR and VR to relief stress and lower anxiety, and doctors can use the technology to improve the accuracy and effectiveness of certain procedures. The event industry can use the technology to create new immersive online and in-person interactions. And the military uses augmented reality for training exercises.

The applications are almost limitless, and it will be exciting to see how the use of AR and VR continues to transform industries in the future.

4.Cyber Security 

A report generated by BullGuard says that nearly 60% of startups and small business owners believe it is doubtful that they’ll be the victim of any cyberattack and sadly more than 60% of cyberattacks are planned against small businesses. 

Cybersecurity is another emerging technology that is increasing just as other technologies. The malevolent hackers are actively involved to access personal business data and they’re finding various ways to get through even the toughest security measures.

cybersecurity technology
Image: There will be growth in cybersecurity technology – Source

Cybersecurity will be a trending technology as long we have hackers in our midset because it is constantly evolving to defend against those hackers.

As strong proof, there was a report generated where it is was stated that the job for cybersecurity is three times faster compared to other tech jobs. Additionally, businesses need proper security, and it is expected that they’ll invest $5 trillion in cybersecurity in the future.

You can follow these steps to prevent your business from such hackers:

  • Update your software regularly
  • Implement point-of-sale systems that are secure
  • Help your employees understand how to spot malware
  • Hire an IT professional

5. 5G

As we all know, China and the US remain intertwined in oratory, and it’s tough to imagine the Biden administration pulling back on restrictions placed on Huawei, which is a leading provider of 5G technology to its mobile users.

Countries like Japan, Canada, and Australia have also back-pedaled course, citing security concerns. 5G will bring significantly more power to allow for things like powering autonomous vehicles and seriously enhancing how we utilize the Internet and other related technology.

The 3G and 4G technologies allow us to browse the Internet,  use data-driven services, and much more to revolutionize our cloud-based lives, but 5G will take all of this to the next level.

Popular telecom companies like Apple, Nokia Corporation, and Verizon are working on generating 5G applications. These 5G services are going to launch with 50+ operators in more than 30 countries by the end of 2021.

5 Tech Trends and One-stop Solution to Succeed in Them

Modern technologies are evolving all around us, and these five tech trends provide promising career potential for the predictable future.

All these technology trends are welcoming dedicated developers and experts which means this is the right time for you to get on board at the initial phase of these trending technologies to ensure your success and the success of your business in the coming years. 

You can set your tech firm apart by adopting modern technology trends and utilizing them in 2021 and beyond. Growing your business brand allows you to focus on potential customers, and these technologies can help you to do just that. 

Final Thoughts

It is hard to make predictions about 2021, given the uncertainty following the chaos of the previous year. But these trends seem to be on the rise and look to continue well into the year, so businesses should follow these tech trends to maximize your productivity. 

Trends such as blockchain, artificial intelligence, the Internet of Things, software unification, and a focus on cybersecurity are critical.

So, how do you find your way to a successful business in 2021? The answer is, to embrace the modern tech trends that we discussed in this blog to increase productivity.

We hope this blog was helpful to you. If you think we missed any important trend then so let us know in the comments below!

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