The COVID-19 pandemic has accelerated the digital transformation of organizations, and ISVs must rise to the occasion by upgrading their technologies and building better solutions. They must be capable of accommodating the upcoming trends and stay prepared for the post-COVID-19 business requirements. The pandemic also resulted in ISVs being unable to optimally utilize their IT budgets, resulting in decelerated digital transformation. They must aim for optimal utilization of their budgets in 2021, and enable accelerated digital transformation.
To that end, they must focus on business process enhancements and keep their operating costs in check, as prerequisites to staying ahead in the race. Let’s take a sneak peek into the technology trends surrounding ISVs for the year 2021.
With the advent of cloud, and later hybrid cloud, businesses could store, process, and streamline data efficiently. The remote-work arrangement would continue to be the norm even in the post-COVID-19 economy. This necessitates organizations to set up the required infrastructure to aid their employees in achieving faster results, and distributed cloud would be at the helm of this change.
As businesses grow, they see an increase in the amount of data that need to be stored and processed. To provide customers with the best, personalized services, data must be collected and processed at an accelerated pace. Rampant innovation has now allowed both data science and AI to work together to better manage business data.
The future of technology rides on the shoulders of data, and all data is inherently sensitive. Enabling privacy is a combination of protecting data, secure data processing, and data analytics. Data protection will play a huge role in establishing trusting relations between businesses and customers in the coming years, calling for the dire need of privacy-enhancing computation.
IoB is essentially an approach to capture, analyze, understand and monetize both physical and digital representations of behavior. While IoT allows the exchange of information, IoB takes all the information and makes sense of it. Now that most businesses as well as customer interactions have gone online, it is crucial to track and study user behavior to better understand trends in the coming years.
As technology constantly upgrades via breakthrough innovations, businesses must focus on delivering premium quality solutions, efficiently. The year 2021 will see a heightened use of predictive maintenance allowing businesses to ensure maximum efficiency at all times for in-service equipment.
With an external app development firm as your product engineering partner, your business gets the leverage to cut through the competition with advanced next-gen solutions. A competent technology partner can enhance your businesses with user-centric, cost-effective, scalable, and future-ready engineering that aligns with your requirements.
Connect with our product engineering experts at Nalashaa to upgrade your processes to stay ahead of competition in 2021.
Forever curious to know how things work, be it technology or assembling a taco. As an ardent aesthete, I'm always writing, reading, or scrolling. At other times, I'm thinking about writing, reading, or scrolling.