The role of IT is crucial in almost every business. Organizations need to be concerned about multiple things, including cyber security and Artificial Intelligence (AI) to widespread cloud adaptation and cutting edge technologies to keep their business running smoothly. In 2022, organizations will be looking for tech chiefs (CIO or vCIO) to build on their recent digital transformation achievements. Considering the current situation and new responsibilities to delivering excellent customer experiences, here are the top priorities to consider in the next 12 months.
1. Data Management, Security And Governance
With digital transformation in every aspect, it has become a real concern for organizations to take care of each piece of digital information and keep that safe. Moreover, with digital transformation, organizations continue to collect and use the ever-increasing business data. To deal with the never-ending cyber threats, it is important to implement cutting edge security measures like the Zero-trust model, end-to-end encryption, etc. Along with cyber security, organizations need to be concerned about network security, cloud security, Internet of Things security, and application security.
Despite technological advancements, most companies still struggle with security breaches. According to Deloitte, in 2021, the average cost of a single data breach was $4.24 million, which was a 10% jump from 2019.
In such a condition, cyber AI can be the most efficient way to protect your data. Using the capability of Artificial intelligence to learn and detect novel patterns, you can accelerate the rate of threat detection and develop a fast response system, reducing the burden on security operations centre analysts.
2. Adopt Automation
Starting from robotic process automation to low-code technologies, there are multiple options to make your application development process simple and fast. Though the automation of business processes can reduce the day-to-day workload for IT teams, you must ensure that those new applications meet the security standards. About half of all existing workload could be automated in the coming years, as next-level process automation and virtualization have become more obvious.
With reliable automation tools and technologies, your IT professionals will be free from monotonous maintenance works and will have more time to spend on productive works.
A recent survey report shows that about 74% of respondents said that automation had helped their staff work more efficiently. 59% has reported that automation has helped in cost reductions of up to 30%.
3. Cloud Computing
Cloud migration and utilization are not just the ‘fit and forget’ type of concept. You need to take your CIOs’ or vCIOs’ help for more than a decade to implement cloud-based systems and services in your business. There is still much more to invent and implement in your industry. In the past two years, most organizations have rushed to implement more cloud services, and now it is the time to firm up and expand those platforms throughout the next year and beyond. After individual cloud services, it is the time when a multi- or hybrid-cloud approach is in for more optimized and cost-efficient services. According to industry analyst Gartner, most organizations, about 85%, will establish a cloud-first principle within the next five years.
Cloud databases and software-as-a-service are two of the widespread trends for the following year. The COVID-19 crisis and extensive remote work migration have pushed organizations to move critical workloads from on-premises to the cloud. As a result, there would be a loss of appetite for data centers even in the post-pandemic era. There are also multiple technologies like containerization, virtualization and edge computing, which are becoming more mainstream and influencing additional cloud spending.
4. Data Fabric
Data fabric is one of the top tech trends to observe in 2022. It is an architecture and set of data services that provide a flexible, resilient integration of data sources across platforms and business users. Data fabric also makes data available everywhere it is needed irrespective of where the data lives.
Data fabric is designed to help organizations resolve their complex data problems and manage their data. It can use analytics to identify and recommend where data should be used and changed. Data fabric can reduce data management efforts by up to 70%.
5. Cybersecurity Mesh
Cybersecurity mesh is a state-of-the-art cyber defence procedure that can individually secure each device with its perimeter. It is a flexible and holistic security approach that integrates widely distributed security services.
Cybersecurity mesh enables the best-of-breed security solutions for organizations to improve overall security while moving control points closer to their assets. It can verify identity, context, and policy fast and efficiently throughout cloud and non-cloud environments.
6. Privacy-Enhancing Computation
Privacy-enhancing computation (PEC) is the way of securing the processing of personal data in untrusted environments. PEC will be vital for organizations due to evolving privacy and data protection laws and growing consumer concerns.
PEC utilizes multiple privacy-protection techniques to extract value from sensitive information while still meeting compliance requirements.
7. Decision Intelligence
Decision intelligence is a practical approach towards improving organizational decision making. Using intelligence and analytics, here each decision is represented as a set of processes, which is helpful to inform, learn from and refine decisions.
Decision intelligence can support and influence human decision making in a positive way. It can potentially judge each decision through augmented analytics, artificial intelligence, and simulations.
It is an infrastructure of advanced technologies to rapidly identify, check, and automate as many business and IT processes as possible. With hyperautomation, you can enable scalability, remote operation and business model disruption.
9. Distributed Enterprises
Operating business as a distributed enterprise allows you to establish a digital-first, remote-first business model to improve workforce experiences, digitalize customer and partner touchpoints, and improve product experiences. With distributed enterprise model, you can better serve the needs of remote employees and consumers.
To implement appropriate cutting-edge technologies to your business, you need to consult with CIOs and IT executives. They need to analyze how these above-mentioned practices and technologies can be implemented into your organization. You also need proper planning for implementation and technology adoptions over the next three to five years of the best result. You can consult your Managed IT service provider to provide you with the experts’ advice and help you opt the right technologies for your organization.