The global epidemic, which puts tremendous pressure on businesses, has brought technology to the top of many organizations' agendas. In this process, companies focused on the importance of being agile and adaptable, increasing the speed of innovation and change in a short time. The most critical factor that the COVID-19 pandemic taught businesses was always being ready to respond to sudden cuts in the market. This made digital transformation mandatory overnight. Many companies that have been slow to adopt technology in the past have stepped up their technology investments in order to survive in recent months. Digital change has quickly become the norm, and businesses are becoming smart businesses that can change direction quickly, with confidence and calmness. Technology will continue to play a bigger role in life as the economy begins to recover.
1- Right moves with big data, artificial intelligence and predictive analytics
In a hyperconnected world, even the smallest actions now offer large amounts of data to companies. While many businesses have realized the benefits of capturing and using big data, some have not yet been able to take advantage of it. The fastest-moving businesses also get the rewards offered faster than their competitors. Data, which used to be a side effect of business operations, now continues to be the driving force of companies.
As businesses begin to rely more on data to make critical decisions, independent assurance becomes increasingly important to get those decisions right. For this reason, forward-thinking and data-driven organizations should ensure that the data is correct. If businesses are not 100% sure of the quality and accuracy of their data, they should seek support from third parties.
The data trend, which is expected to advance for many more years, will also increase the use of predictive analytics. Businesses will use data analytics to generate insight into past and instant activities. Data analytics will help identify optional stages to drive change and realize business advantage. On the other hand, as heuristic technology advances and becomes more accessible, companies of all sizes will begin to adopt artificial intelligence (AI) to drive smart analytics over the next 12 months. In this context, AI will allow machines to learn by sifting through “scattered” big data to find and unlock valuable predictive insights into future events. This will allow businesses to better adapt their strategies to possible future outcomes and gain an advantage in the market.
2- Building technology and engineering with 5G
Forward-thinking companies will seek to include 5G networks in their business strategies to improve remote workforce capabilities in the coming period. Behind this perspective is developing the internet of things (IoT) strategy. Companies aim to improve the user experience with their own products or offers, analyze big data and adapt them faster, to bring their products to the market faster. With increasing networks, businesses are expected to benefit from the massive increase in accessible and usable data.
Greater access and use of 5G networks around the world will support and accelerate all key trends discussed. Data extraction and analysis will become a part of daily life for businesses. This trend towards hyper automation will also make combining technology and engineering more important than ever. Technologies will need to be properly developed and adopted in order for businesses to truly benefit from these new technologies.
3- Cyber security should be included in digital transformation
As technology advances, the cyber risk level of organizations also increases. So much so that the data reveal that digital transformation has become a priority for businesses of all sizes, not just for large businesses, corporations and government agencies. With 5G, the cyber threat environment continues to expand, adding to the leap in data generation that feeds artificial intelligence, big data and data analytics, and the cyber threat environment continues to expand, and mobile endpoints are becoming the preferred attack vector. In cloud computing, encouraged by the new normal realities, software as a service is accelerating day by day with processes hosted in the cloud and storage that increases the load. As companies try to protect their cloud structures, cloud security budget allocations are increasing from single digits to double digits. Defense applications of artificial intelligence are also increasing, and this triggers the hyper automation trend. In the process of transition to 5G, companies face situations such as vulnerabilities to be exploited, time to fix these vulnerabilities, and protocols implemented using secure 5G networks. The sheer number of security warnings about potential threats here are too many for IT professionals to handle it alone.
Investments in transformative technologies make no sense if companies cannot protect their customers and other vital assets; Because IT and operational technology (OT) integration, new connections and data sources bring potential vulnerabilities. Here, companies need to connect the dots in the ecosystem that includes them and their partners. When it comes to digital transformation, IT decision makers not only include cybersecurity among their top priorities, but also position it as the second biggest investment priority. Investments in cybersecurity allow organizations to understand their cyber resilience levels based on critical business assets, threat environments, and the maturity of their cyber capabilities. In addition, integrated dashboards allow organizations to monitor their cyber resilience levels and can be customized for operational and managerial audiences. Effective practices in cyber security not only eliminate institutional imbalances, but increase collaboration and information sharing by addressing security standards, policies and practices. This increases the cooperation between partners and provides the big picture of the organization with high cyber security.
Quality assurance, trust and security are the three basic requirements on which future technology depends to be successful. The fact that these requirements are at the center of any digital transformation ensures that systems operate reliably as tested and guaranteed. Organizations that combine the ability to create, test, scale, speed of operation, and security capability to create digital solutions, on the other hand, will be in the best possible position in the industry while taking advantage of the potential of these new technologies.
