The Technology Industry Outlook for 2020

At the dawn of a brand-new decade, it’s clear that a growing number of companies will embrace the cloud. Multi-cloud and hybrid work environments provide businesses with the flexibility they need.

Hybrid-cloud solutions are ideal for a number of companies. It is often the first step as the company moves towards full cloud adoption. Because of a number of factors, such as having to comply with regulations and being reliant on legacy systems, it’s common for businesses to split workloads between public and private clouds. According to a prediction from Gartner, 90% of businesses will adopt a hybrid infrastructure over the course of 2020.

Multi Cloud Systems

Along with the hybrid cloud, a growing number of businesses are choosing to adopt multi-cloud systems. These solutions allow businesses to combine services from more than one cloud provider. A 2019 Kentik report found that 50% of businesses use a multi-cloud network that includes Google Cloud, AWS (Amazon Web Services), and Microsoft Azure. Combining services give businesses the chance to work with a number of vendors before making a long-term commitment.

Security Reasons for Choosing Hybrid Clouds

With that said, there are a number of companies that have concerns about public cloud systems. This is one of the main reasons so many businesses choose hybrid clouds. A report from File Cloud found that 50% of businesses do not intend to move workloads that are critical to their mission over to the public cloud. In addition, a report from Symantec states that approximately 50% of organisations have concerns about protecting workloads. There are concerns that these systems may not meet their security needs.

Because there is a great deal of concern about the security of date stored on the cloud, providers are in an unusual position. More often than not, the security capabilities of cloud providers go far beyond what businesses are capable of. In fact, security is one of the major factors that drives cloud adoption. A growing number of industries are choosing to adopt security solutions that are cloud-based, particularly in the financial sector, government, and other sectors that are heavily regulated.

The Importance of AI Within Your Business

As we’ve mentioned before, transitioning to the cloud also makes it easier to adopt AI solutions. The number of companies that believe AI will play an important role in their growth is increasing. In one survey conducted by Deloitte, it was found that most early adopters of AI believe the technology is either “critically” or “very” important to the success of their company.

It’s likely that the percentage of executives that consider AI to be critically important to their business will continue to increase in the years to come. Finding new ways to market your business will keep you ahead of the competition and Ally and Mo can offer you something that your competitors may not have thought of.

Our survey found that the main benefits AI has offered businesses has been improving products and services and improving operations internally. As time goes on, it’s likely that more companies will use IT to handle customer interactions, provide more personalised services, develop and test new products, increase utilisation of personal assistance, and provide delivery of connected equipment.

Generating More Users Over Time

More IoT (Internet of Things) devices are being released, and both AI-tools and computers are more portable than ever. It’s clear that edge computing is poised for growth. Gartner states that, in 2019, just 10% of company data was generated on the cloud.

Within the six years, that will rise to 75%. The ICD has predicted that in three years’ time, 45% of data generated by IoT will be processed, stored, and analysed so that it can be acted on at close. This will largely occur because a growing number of industries are utilising IoT applications. From the agriculture industry to manufacturing to retail to healthcare, more and more industries are utilising this technology.

Our expectation is that it will become more common to see fixed, portable networks that have local low-latency, high-capacity processing capabilities. Analytics will be embedded, and AI will be utilised to improve the experience for customers. Edge computing offers benefits that apply to autonomous vehicles, distribution warehouses, factories, and any other environment in which data needs to be processed locally rather than being sent to a data centre or the cloud.