The past decade has been full of technology innovation. As predictions from research groups roll out for what is on the horizon in technology, we have put together this list of what we believe will be the key technology trends to look out for in 2020. By staying on top of technology trends, your business can plan for where investments need to take place in the coming year, and in what areas you are prepared to succeed.
In the Cloud Vision 2020 study conducted by LogicMonitor, it was predicted that 83% of organizations will rely on cloud services to process their workloads by 2020. We’ve seen a huge push by enterprise organizations to move their workloads to the cloud, especially over the past few years. In 2020, enterprises that are not already in the cloud should be making their way over or at least beginning to explore what a migration to the cloud might look like for their organization.
In 2020, experts project that 41% of enterprise workloads will run on public cloud platforms, 20% will run on private cloud platforms, and 22% will run on hybrid cloud platforms. With such a strong move to cloud, on-premise workloads are shrinking – with an expected 27% or less of all workloads running on-premises. This number continues to shrink year over year, as on-premise workloads are getting harder to support and more expensive to support than enterprise cloud solutions.
Precision healthcare is the process of leveraging large amounts of data to provide better insights across all medical disciplines and improve patient care. Precision healthcare is interested in information such as a patient’s environment, genetic differences, and lifestyle choices. This information is then used to come up with a treatment plan based precisely on the patient’s background. Precision healthcare is also largely focused on the prevention of disease by using data to determine a patient’s specific risk factors.
As precision healthcare becomes more prevalent in 2020, the health tech industry will continue innovating the ways in which this data is collected, stored, and securely sorted through. Data drives precision healthcare and how it is delivered and accessible to medical professionals. This begins with exceptional innovation in the health tech space.
What many believed to be a trendy piece of technology that would fade, has quickly become the center of many people’s homes. From Google Home and Amazon Alexa, to the Nest thermostat and smart locks – IoT is ubiquitous in American homes.
The Internet of Things (IoT) will continue to dominate in 2020 and it is not showing any signs of slowing down. In fact, Gartner has predicted that the enterprise and automotive Internet of Things (IoT) market will grow to 5.8 Billion endpoints in 2020. To put that in perspective, that is a 21% increase from this past year.
Edge computing allows data to be processed and available locally or as close to the location it is needed as possible. This results in less bandwidth needed and faster response times. Edge computing has evolved in the past few years and should definitely be paid attention to in 2020.
We are seeing the growth of edge computing – thanks to the growth in IoT – right alongside the growth of cloud computing, illustrating the importance for some organizations to have both. Edge computing is becoming extremely valuable for data-gathering while the cloud remains vital for storage and processing power.
In 2019, major wireless carriers rolled out 5G data networks. While actual rollouts of 5G availability have been limited city by city, 2020 will be the year we really start to see full 5G coverage. So what exactly is 5G? In the late 2000s, we saw the rollout of 4G (“4th generation”) which boasted mobile internet speeds 500x faster than 3G.
With 5G rolling out city by city, we are expected to experience mobile connectivity that is 100 times faster than 4G. Internet connection via mobile will get quicker and more efficient. This is so important in a time where we are connecting so many devices to the internet, particularly when 4G will not be able to support the growth for much longer.
How is your company continuing to evolve with these technology trends? Contact the team at Enola Labs for a free consultation to discuss pressing technology issues your business is facing.