Top 10 Strategic Technology Trends for SMBs in 2022

Technology is ever-evolving. New technologies are aimed to provide better facilities and make your tech job easier, quicker, and more efficient. Every year, many new technologies are coming up, and some become crucial to businesses. Those trendy technologies can help CEOs deliver digitalization, better growth, and revenue generation. Here are the top ten technology trends in 2022 influencing small and medium-sized businesses (SMBs) the most.

Trend 1: Data Fabric

Data fabric is robust architecture and set of data management services that provide consistent capabilities across platforms. It offers flexible, resilient integration of data sources across the cloud, on-premises, and edge devices, making data available everywhere regardless of where the data lives.

Data fabric reduces data integration issues, increases data quality, and simplifies data governance, sharing, and management by eliminating the need to use multiple tools. It can automatically apply corporate policies to data and also deliver trusted data. Data fabric provides you with a single, comprehensive view of business data and accelerates your digital transformation process by maximizing the value of your data. This architecture can minimize your data management efforts by up to 70%.

Trend 2: Cybersecurity Mesh

Gartner states cybersecurity mesh architecture(CSMA) is “a composable and scalable approach to extending security controls, even to widely distributed assets. Its flexibility is especially suitable for increasingly modular approaches consistent with hybrid multi-cloud architectures.” This architecture enables a more composable, flexible and resilient security ecosystem. A cybersecurity mesh permits tools to interoperate several supportive layers, including consolidated policy management, security intelligence and identity fabric.

CSMA helps to enhance the cybersecurity perimeter around the identity of a person or thing and prevents hackers from exploiting a given network. In short, CSMA is a standardized responsive security approach to improve overall security while moving control points closer to the assets they’re designed to protect. According to Gartner’s prediction, cybersecurity mesh will support more than 50% of digital access control requests by 2025.

Trend 3: Privacy-Enhancing Computation

The highest level of sensitive data protection is a genuine concern of organizations to deal with the evolving privacy and data protection laws and the growing concerns of potential consumers. Privacy-enhancing computation focuses on leveraging a group of technologies that enable you to secure the processing of personal data in both trusted and untrusted environments. Those cutting-edge technologies support you in maintaining privacy and data protection and preventing violations and hacker attacks while meeting compliance requirements. Some privacy-enhancing computation techniques are zero-knowledge proof, multi-party computation, homomorphic encryption, differential privacy, etc.

Trend 4: Cloud-Native Platforms

According to Gartner, “Cloud-native platforms are technologies that allow you to build new application architectures that are resilient, elastic and agile — enabling you to respond to rapid digital change.”

In the case of the traditional lift-and-shift approach to the cloud, users may fail to take advantage of actual cloud benefits and experience maintenance complexity. In such a situation, cloud-native platforms help users improve applications after lift-and-shift. This ‘migrate and modernize’ approach allows you to derive maximum value from the cloud without rewriting applications from scratch.

Trend 5: Composable Applications

Composable applications are meant to enable organizations to create applications by reusing codes – they help redevelop and redeploy new applications as per business-specific needs. This

business-centric approach makes it easy for developers to use and reuse code, speeds up the process, reduces the time to market for new software solutions, and minimizes costs. Many consider composable applications the future of software development.

Trend 6: Decision Intelligence

This is one of the practical and most advanced approaches to improving organizational decision-making. This combined form of data science with theory from social science, decision-making techniques, and managerial science can help users to make the right decisions for their organization. This model considers each decision as a set of processes – and refines them using artificial intelligence and thorough information analysis. Decision intelligence provides an infrastructure for best practices in organizational decision-making.

Decision intelligence can help organizations to make the right decision — with the use of artificial intelligence(AI), augmented analytics, and simulations, it can automate decision-making for a better outcome.

Trend 7: Hyperautomation

According to Gartner, hyperautomation is a “business-driven, disciplined approach that organizations use to rapidly identify, vet and automate as many business and IT processes as possible.” This concept of automating every possible thing in an organization aims to streamline processes across the organization using AI, robotic process automation (RPA), and other technologies to run the whole system without human intervention.

Adopting hyperautomation in your organization enables scalability, improves productivity, increases business agility, facilitates remote operations, etc.

Trend 8: AI Engineering

This discipline of engineering focuses on developing tools, systems, and processes using artificial intelligence and automating multiple processes. AI engineering automates data, models and application updates to streamline AI delivery. The modern engineering field combines the principles of systems engineering, computer science, software engineering, and human-centered design to create suitable applications according to business needs.

Trend 9: Distributed Enterprises

Distributed enterprises are a modern approach where organizations have remote teams across different cities, countries, or even continents as their full-time or part-time staff. This new-age, digital-first, remote-first business model has a diverse work culture to improve consumer and employee experiences, and so on.

A Distributed enterprise can better serve the requirement of modern consumers and remote employees, who demand virtual services and hybrid workplaces.

Trend 10: Autonomic Systems

Like self-managed physical systems, autonomic software systems are also self-managed. They learn from their environments and dynamically modify their own algorithms in real-time to optimize their behavior as per needs. Self-configuration, self-healing, self-optimization, and self-protection are the most essential and beneficial criteria of autonomic computing.

Autonomic systems comprise an agile set of technology that allows a system to know its components, specifications, capacity, and real-time status. It also knows its own, borrowed, and shared resources. It can run its set-up automatically and reconfigure again and again as needed. It can also self-heal and recover from failures.

Autonomic systems can also protect themselves by detecting and identifying different attacks on them.

Conclusion:

These tech trends can impact different organizations in different ways. You must choose the right technology trend per your business needs and positively influence your business. For a successful tech integration, the CIOs and IT leaders need to understand and consider the organizations’ short-term and strategic business objectives. You can also take of managed IT services firm to choose and integrate these most suitable technologies.

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