Читать книгу Intelligent Connectivity - Abdulrahman Yarali - Страница 27

In conclusion, the future of business tech will continue to experience exponential growth as more organizations will continue to implement the latest technological advancements to run various functions and processes. In the next two decades, different technology trends are expected to disrupt the industry, while competitors are expected to implement the latest technological models to increase their market share (Desjardins 2018). AI is expected to dominate the market since most of the world's organizations consider the use of AI to reduce their operating costs. In two decades, the number of AI‐fueled organizations will increase significantly as these organizations seek to enhance their performance and provide high‐quality products and services (Tredinnick 2017). Another aspect that is expected to redefine the connectivity of tomorrow is the rising number of connected devices. The number of network‐connected devices is multiplying, leading to a positive impact on wireless and wired technology ecosystems. Therefore, tomorrow's connectivity will enhance different services where the organization will choose the ideal mode of services to meet customer needs. As business tech continues to grow, the number of products, services, and business models is expected to rise. Innovations within organizations are expected to rise to meet customers' ever‐increasing demands (Herbane 2010). Organizations can drive the technology strategy through their investments to ensure that they meet their customers' demands and requirements.

Despite the rise in technological advancements, organizations need to consider strategic partnerships or acquisitions to increase their market share. Partnerships and acquisitions are meant to provide organizations with a competitive edge, and it is a strategy that could help them gain more customers and provide more services and products. In the next two decades, more acquisitions and partnerships will be done as organizations will be seeking to enhance their modes of operation (Maras 2015). Growth in cloud computing has helped companies minimize their costs since the solution is better than traditional modes of operation. The presence of cloud computing has also promoted intelligent interfaces that promise a better future for the business. Cybersecurity, privacy, and risks management is a major issue that needs to be addressed by organizations. Despite the rising growth in technology, data security is a major aspect that should be addressed. There is a need to enhance cybersecurity protocol, implement privacy models, and implement the ideal risk management processes used during threats. Therefore, the future of business tech is bright, but organizations should be ready to experience disruptions and changes as they embrace the ever‐changing trends in the industry.