Business development is getting faster and faster with each passing year. IT and cybersecurity factors are just some of the enticing highs that we have seen within the business industry in 2018.
Will 2019 see more of the same advancements or will something new take over the corporate world? This question has baffled economists and analysts around the globe.
To give you an overview of all the important technology trends in 2019, we’ve consulted our contacts from various niches. IT technicians, economists, and even engineers have given their input on what technology trends will define this current year.
Here are 10 of the most important trends for you to see.
Table of Contents
- 1. Self-driving cars
- 2. Internet of Things (IoT)
- 3. The customer is a priority
- 4. Non-text search
- 5. Business intelligence will see improvements
- 6. Cloud storage is the new norm
- 7. Open-source will become the new norm
- 8. Phishing attacks are more dangerous
- 9. Zero Trust
- 10. Artificial Intelligence
- Concluding thoughts
1. Self-driving cars
According to research conducted by the Brookings Institution, an approximate $80 million has been invested in autonomous vehicle tech in the last three years.
Aside from established autonomous driving investor Tesla, many startups from all around the world have launched their own concepts and take on the matter.
Self-driving cars will become a reality, as this will increase the efficiency of cross-country road shipping. Companies will no longer have to pay so much shipping expenses, as they will be sure that their cargo will be safe in 2019.
2. Internet of Things (IoT)
In 2019, we will see many objects connected to the internet. By applying the benefits of IoT to different environments, analysts will be able to get much more precise analytics. As all things are connected, businesses can gather data in real time and alter their plans and strategies along the way.
Even playgrounds will feature interconnectedness to a certain point. Offices, physical stores, and other locations will prove to be much more suitable for both executives and customers due to IoT. This is one of the trends that will define the way we do business. Information is everything.
3. The customer is a priority
Although this is not a technology trend per se, the shift towards customer experience (CX) will prove to be one of the most important changes in 2019. How will it manifest?
The most apparent way will revolve around how important SEO is. Its significance will diminish, and there will be an increased demand for customized written content.
Companies will start to outsource their content online. Websites like Brill Assignment, Assignment Masters, etc are already creating a buzz in the market. Bloggers will also modify their content to appeal more to actual readers than search engine algorithms.
4. Non-text search
Branded3 published an interesting research paper, predicting that text search will slowly die out. Already by 2020, voice and image search will take up more than 50% of all search traffic.
This has a lot to do with how customers approach their shopping. Instead of premium quality and low prices, now convenience has become a major factor when choosing a product.
Therefore, the business industry will be reshaped by these drastic changes in approaching searches. Google, Bing and other engines will have re-calibrate their mechanisms. Companies too must change their strategies, employing slogans and visual marketing strategies to that they are found more easily.
5. Business intelligence will see improvements
Software as a service (SaaS) may be a known concept, but it still has ways to go before it defines business for good.
2019 just might be the year when we see organizations alter their business intelligence thanks to various forms of software. The global SaaS market is expected to reach $125.52 billion
We will also see the advancement of data lakes and data warehouses. Companies will have more data at their disposal, resulting in bigger analytics departments and better-planned business decision. The top companies are already doing it.
6. Cloud storage is the new norm
Lots of big corporations have stated that cloud storage has been an immense aid in preserving and categorizing their data.
However, we will see this trend expand even more in 2019. Small businesses will opt for free or cheap cloud storage instead of buying physical hard drivers. However, this ease of access will attract new clients.
Governments will store their data in the cloud and utilize the high security for their benefits. This trend will change business forever.
7. Open-source will become the new norm
Paid services are the basis of the global economy. You give a certain amount of funds to be able to use a certain service. Make sense, right?
Of course, but with the significance of SAAS, there are more and more companies who opt for an open-source approach. There will still be paid services, but their numbers will diminish.
As the internet becomes ones of the basic rights in the near future, we will see an influx of open-source services in the business world. And it all starts with 2019.
8. Phishing attacks are more dangerous
Across the globe, people are spending more and more time on the internet every month. According to a survey by eMarketer, the average adult spends 3 and a half hours on their mobile device, on a daily basis.
With more use, there are more chances for hackers to launch phishing attacks and steal your data.
How will this trend influence the business world? Well, with the introduction of more dangerous phishing techniques, cybersecurity will become more advanced with implementation of AI and ML in it. A more secure internet will define 2019.
9. Zero Trust
As hacking and phishing attacks become more abundant and dangerous, companies will seek the aid of security solutions such as Zero Trust. The new form of online security measures will instill many different gates of entry, depending on the user and the location.
With Zero Trust, companies will change the way they think in 2019. Budgets for cybersecurity are expected to be on the rise, as well as the number of software developers in this specific niche.
10. Artificial Intelligence
AI has been a popular buzzword in the business industry for some time. However, in 2019, it will finally become a trend that will forever change business and define in it many different ways. In 2018, the AI industry produced a total of $1.2 trillion in business value.
With chatbots and analytics-gathering software, AI will become an indispensable part of our business strategies and daily lives.
It’s important to know about the latest technology business trends in 2019 if you want to grow your brand. Think ahead and you will definitely succeed.
Scott Matthews is a senior writer at Scholar Advisor. He had a double-major in economy and PR management, as well as a Master’s Degree in digital marketing. His other notable endeavors include his time with sites such as a Myassignmentwriting.com.au and Essay Writing Lab. Ever since he was a kid, he has had a flair for surfing and hockey, as well as producing electronic music.