Technology is dramatically changing society. It’s changing the habits that facilitate our daily tasks. It’s even bringing us closer to our loved ones. But technology is also transforming businesses – big and small – with different technologies are being integrated, to modify operations ultimately to benefit customers. And one thing has become abundantly clear: The Digital Transformation is critical to businesses across a variety of industries.
Yet, the digital transformation is only getting started, with no end in sight. That’s why businesses are increasingly becoming more and more open to change, and to new ideas from professionals with extensive skills and experience in technology-powered fields.
With technological advances, customer needs are changing. The Digital Transformation helps businesses to meet these demands, by encouraging innovation and driving them to improving their products and services.
The Key Technologies Leading the Digital Transformation
To remain relevant, businesses constantly need to drive digitization. Here are five technologies businesses need to be aware of that are driving the Digital Transformation:
Cloud Computing: One of the most important software innovations in recent years, cloud computing technology offers businesses access to web-based computer systems and resources, such as mass storage. What’s more is that all resources and capabilities are customizable to suit business needs and is accessible from virtually anywhere. Cloud services further offer significant savings and an additional layer of security.
Blockchain: One of the main disruptors of the financial services industry, as the technology behind Bitcoin and other cryptocurrencies, blockchain technology offers businesses a myriad of opportunity. Improved accuracy, cost reductions, and secure transactions are some of the reasons businesses are turning to this technology.
Artificial Intelligence (AI): One of the innovations with the most potential, AI makes possible business solutions that just a few years ago would have been unthinkable. Powered by data science and Big Data, AI technology is found in smart machines that can perform tasks that would typically require human involvement. Good knowledge of AI will allow businesses to come up with new ways to interact with customers, anticipate their needs, and even detect fraud.
The Internet of Things (IoT): Thanks to the IoT, and its built-in sensory technology, everyday objects such as household devices, smartphones and wearables are becoming increasingly interactive. And for businesses, IoT will allow them to improve their productivity, save energy by controlling the working environment and, among other things, create new business models.
Cybersecurity: In recent years, cybersecurity experts have undoubtedly become some of the most sought-after professionals in the labor market. As there will be more and more devices and applications connect to a business’s network, network security will be of utmost importance.
If you’re a professional looking to take your career to the next level, there’s never been a better time to upskill (or reskill) yourself in one of these disciplines.
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