Five Business Technology Trends for 2017

Business technology trends are often the first to be disrupted by new technologies. These five emerging technologies will change the way businesses operate in 2017, and beyond.

The tech trends 2021 is a list of five business technology trends that will be prevalent in the year 2021.

Five-Business-Technology-Trends-for-2017

Year-end traditions include spending time with family, shopping for bargains online, and filing last-minute tax returns. There are yearly rituals as we begin a new year, and one of them for business executives is looking forward and evaluating the patterns for the next year.

If one of your new year’s resolutions is to look forward, here are five corporate technology trends to keep in mind as you make your changes.

1. Interactive broadcasting is a big deal.

Many people are familiar with livestreaming, also known as interactive broadcasting, thanks to services like Facebook Live and Twitter’s Periscope. Many people are unaware that interactive broadcasting is about to take off.

Tony Zhao, creator of real-time communications company Agora.io, which allows companies to effortlessly integrate HD live-streaming video and interactive broadcasting into their app or website, says, “We’re at that moment just before it takes off, and 2017 appears to be the tipping point.”

This explosion has previously occurred in China. According to China Daily, about 46% of China’s internet users utilized an interactive broadcasting app in June. According to Credit Suisse, China’s interactive broadcasting industry would reach $5 billion by 2017, only a few billion short of the country’s entire movie market.

2. Big data for everyone

For most businesses, “big data” seems to be more of a buzzword than a useful tool. This may change in 2017, when cloud computing makes data more accessible.

To utilize big data, you no longer need to employ complex and burdensome software designed for large companies, such as Hadoop. Businesses may utilize services like InsightSquared to extract data from popular business platforms like QuickBooks, Google Analytics, Zendesk, and others. Other cloud services, such as Canopy Labs (free for up to 5,000 users), provide big data analytics for customer support at a cost that many companies can afford.

While big data has been a trend for a few years, 2017 will be the first year that companies will really use it.

3. The Internet of Things may assist with customer service.

The Internet-of-Things is another technology that has been making ripples for years but will acquire major momentum in 2017. (IoT). IoT, which has been dubbed “the biggest thing since the internet,” is not a new trend. What’s new is that it’ll be more used to customer service as a method for companies to stand out in a competitive market where a positive customer experience is critical.

The linked vehicle is one example of IoT in customer service. Car manufacturers can now proactively monitor virtually every aspect of the driving experience, such as lighting, tire pressure, handling, and so on, thanks to low-cost sensors and simple cellular connection. Car manufacturers and related companies may use IoT data combined with alerts to inform drivers of future maintenance requirements, inexpensive gas on their way home, upcoming repair needs, and suggestions for increasing gas economy, among other things.

All of this adds up to a better customer experience for drivers, and comparable IoT applications in other sectors may provide similar results.

4. Finally, augmented reality is here.

Despite the efforts of Google, Facebook, HTC, Samsung, and others, virtual reality may remain in the hype stage in 2017, the prognosis for augmented reality seems to be brighter in 2017.

The Pokemon Go frenzy demonstrated the promise of augmented reality last year, and the technology is much simpler to embrace since no new gear is required (all you need is a smartphone, which we all have). According to Goldman Sachs, the augmented reality industry will be worth $80 billion by 2025, and 2017 may be a turning point for the technology.

According to Tech Pro Research, almost 67 percent of companies are contemplating using augmented reality in their company, and around 20 percent plan to utilize augmented reality in 2017.

5. The use of remote employees is becoming increasingly prevalent.

Startups and digital nomads have shown that having a remote workforce can be successful; you don’t have to supervise your workers or compel them to work the same hours in the same place. Full-time telecommuting works, and more businesses will take advantage of this shift in worker possibilities in 2017.

Businesses may now employ the finest workers even if they don’t reside nearby, thanks to the development of collaboration platforms like Slack and video chat platforms like Skype for Business, as well as increasing societal acceptability and best practices for remote workers. Businesses can also better entice millennial employees, who are especially interested in remote work and flexible schedules.

“From an employer’s viewpoint, it makes for a happy employee, and a happier employee is usually more productive,” says Robert Palmer, a spokesperson for the telecommuter-friendly company WestJet, in the Huffington Post last year.

Of course, there will be more technological developments that impact company in 2017, but these are the five most essential ones, so make sure you’re prepared.

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The gartner technology trends 2025 is a report by Gartner that analyzes the future of business technology. It includes five key trends that will shape the way businesses operate in the next decade.

Frequently Asked Questions

What are the Gartners top 10 technological trends during 2017?

Gartners top 10 technology trends for 2017 are:

What are the top 5 technologies?

1. Artificial Intelligence 2. Machine Learning 3. Virtual Reality 4. Blockchain 5. Quantum Computing

What are the top ten strategic technology trends of 2017 at their Gartner Symposium?

In 2017, the top 10 strategic technology trends are all about digital transformation. The top three trends are digital business models, artificial intelligence and blockchain.

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