Latest Technology Business Trends 2021

The future is mobile

Now that we have entered 2022, it is important to take a look at the great changes brought about by the business world in 2021. It is safe to say from the developments throughout the year that mobile is the future. Starting with 5G, blockchain, and all the new technology trends, the digital transformation available has been massive. We can appreciate the trends in 2021 and look to the future of business technology for 2022.

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5G and the Internet of Things (IoT) – what are they?

5G network refers to the next generation of mobile internet connections. Its speed alone is already revolutionary. According to reports, it will take about 1 millisecond to respond to commands. By comparison, even though 4G was still fast, it needed 200 milliseconds.

The phenomenal speed of the 5G network will greatly benefit businesses that rely on the Internet of Things, known as physical items that connect to the Internet, such as laptops and mobile phones. Teslas, which are self-driving vehicles, also rely on IoT devices to navigate highways and any oncoming traffic. IoT devices are also found in rental and property management companies to maintain and build infrastructures that contain things like thermostats, smoke detectors, automated door locks, etc.

Unbeknownst to many people, investing in a 5G network can actually help reduce your carbon footprint. Given our current climate, your business reputation is highly judged based on its ability to protect the environment and follow technological practices that will not harm it in any way. If it is known that your business does not follow this path, it is likely that some users will start to interrupt it.

According to an article in Atlantis Press, with the help of 5G and IoT, companies will be able to reduce carbon emissions by up to 15% by 2030.

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Artificial intelligence

Artificial intelligence, also known as AI, is essential to the daily life of a smartphone and the various applications on it, such as Google Assistant or Apple’s Siri.

Artificial intelligence works with your smartphone by measuring distances as well as helping to stimulate different things around you. Like tablets, AI now also has voice and object recognition which is a great selling point.

Today, companies are using artificial intelligence to improve efficiencies, reduce overhead costs, and help improve automated processes. In 2022, the following industry jobs can expect to experience more AI support:

Marketing teams

Artificial intelligence is a huge contributor to helping understand marketing trends. It will be used specifically by online advertisers who will target users who are likely to buy a particular product. Artificial intelligence will help analyze user behavior online, which can be done by looking at search and browser history. By doing this, AI can determine which online ads are most relevant to the user and can help determine the target audience for the company.

Electronic trade

In the world of e-commerce, artificial intelligence helps in many different ways. This includes comprehensive inventory management, online chat bots that can assist with online shopping inquiries, and help recommend products to users.

Sales teams

AI will help company sales teams improve communication with customers and help predict future market trends, creating a system that allows the team to organize which customers to follow sales with or by helping to know which customers to convert.

Hybrid work – the way forward

In the past two years, people used to work from home; This means that the office has moved into their home, and they are accustomed to online meetings and less in-person contact. For many, working from home has had its perks. People no longer had to take trips, and companies saved money from not having office space. This means companies have realized that the traditional office work environment will never be the same, because it has found new meaning. There is a reluctance among some workers to return to their pre-pandemic routine. This means that an increase in applications that can help with working from home will be critical in 2022.

Zoom and Microsoft Teams have grown exponentially as popular forms of communication when working from home. These applications are used to create collaborative meetings, similar to an office environment. With usage increasing by 151% in the last year, it will continue to grow in order to improve work efficiency by employees.

If you are interested in more topics about business, you may also want to read the reasons why you should consider automating parts of your business.

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