The Booming Technologies in 2020

The world is evolving rapidly and technology is changing by leaps and bounds. The technological advancements have made our lives even faster and easier yet very competitive. People who are very well aware of the changes in technology and the upgraded versions are going towards success. Whereas people who are lacking behind in technology are facing some issues whether its job or studies or any business etc. Everything today is computerized, automatic and full of science and technology. As time is passing we will see more and more innovations in technology.
We are witnessing innovation and development in existing applications that organizations are using. To stay in the market the organizations and people have to keep an eye on what the future will bring for them. What challenges they have to face and what expertise they will need to deal with those advancements. There are few technological trends making hype for the year 2020. Let us discuss them.
Few emerging technologies are making rounds these days on the internet as the next big thing in the year 2020. They are mentioned below:

  1. Artificial Intelligence
    This technology is a machine which has the attributes of human and can perform every task that is being done by us. Most importantly it performs the tasks more accurately as compared to humans. Shortly, it is predicted that this technology will become easily available to everyone and everywhere.
  2. Blockchain Technology
    It is a ledger that records and maintains the transactions about cryptocurrency online. This information is unchangeable as well as non-editable. It’s still in the development phase and due to secured data, big companies and people are planning to invest in this new emerging technology.
  3. Internet of Things (IoT)
    Today the most important and widely used technology is wifi connectivity. Almost everything is slowly and gradually is adapting wifi technology and in IoT, it is being said that this technology will become common in the upcoming years. Our daily chores will be done using this technology and in some places, it has already started.
  4. Cyber Security
    Cybersecurity has always been a threat to the world of technology. Hackers find different ways of hacking the systems and are still trying to learn different, new and innovative techniques. In the upcoming years where new techniques will be discovered by hackers, on the other hand, the big companies are finding ways and spending a fortune to deal and fight with the cybersecurity issues.
  5. Virtual Reality
    This technology is widely used in gaming nowadays. It gives games a real-time touch as the gamers are fighting in the battlefields for real by stimulating their vision and hearing.
  6. Augmented Reality
    It is a technology that gives a 3D touch to an image. The picture seems like a real photo whereas it is seen on your laptops or mobile screens but it gives a live real effect.
    All the above-mentioned technologies are going to change the future of the peoples as well as the world. It will make things difficult and competitive for every human being. Every tech-savvy person and organization will have to keep themselves up to date two-step ahead to achieve success.

Developing the right IT Strategy to Support the Business

Most of the businesses struggle with slow decision making due to the lack of information technology. Information technology now supports Business processes and decision making. Decision making and nature of decision are changing with the introduction of information technology in today’s world. It is now used to create new business models, produce new products and services, enhancing the current offers and create more rewarding consumer experiences. For this, a business needs to develop the right IT strategy and technology for its success in business and to compete with other organizations in the world of Information Technology. A business can use Information technology to reduces its cost. IT experts teams develop tools to collect, store, secure, manage and distribute data to employees, who need to access the latest information when needed for decision making for financial and strategic issues. The businesses need to be able to respond quickly to the market conditions that are changing with time and competitor activity. Do your business really need to technology strategy that suits the demands of the digital market?

Primavera is focused to work for an organization that is facing such problems in the digital world and delivers the best solution of the problem the organization may face. With your slow decision-making problems due to lack of IT strategy, primavera helps you as a technology partner with the help of its IT experts and predicts the trends that affect your businesses. Primavera works to help you to face the challenges that a business may face in the technology world and helps you to identify your business capabilities that support your business and to realize the vision.  A number of businesses have involved Information technology in their functions for the decision making.

Technology transforms the way a business works, the business starts working more efficiently and IT solution to face the challenges of the market. IT can offer a business the competitive advantage over their competitors.  Companies can use IT to develop new products, the distance the products that they already produced from the existing market and enhance their customer services. IT helps the companies who adopt the low-cost strategy, they look to Information technology solutions to reduces their cost. It can be used to increase the efficiency of business and to it allows the employee to do the greater level of work in the short period of time.

IT governance offers a framework to align the business and Information Technology aspects of the organization’s activities. It means that business can manage and reduce the obstacle in the way of the business to reach the business goal. It helps to produce a framework which can provide favorable outcome by using your business strategy. It is the biggest challenge for the business to maximize the rate of return. IT governance can solve this challenge by setting this goal with a business it serves. It is the aim of IT governance to maximize the return while it manages the risk at the same time. Primavera with the help of IT governance strength the relationship between Information technology and the business for which it works through efficiency improvement and enhanced IT decision making.

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