iifl-logo-icon 1
IIFL

Invest wise with Expert advice

By continuing, I accept the T&C and agree to receive communication on Whatsapp

  • Open Demat with exclusive Advice & Services
  • Get a dedicated Relationship Manager to help you grow your wealth
  • Exclusive advisory on 20+ trading & wealth-based investment options
  • One tap Investments, Automated trading & much more
  • Minimum 1 lakh margin required
sidebar image

5 Technologies that will change the dialogue in 2022 and beyond

7 Feb 2022 , 03:23 PM

In recent years we have seen how digitization has changed the face of the world and helped it to keep progressing even when it was hit hard by the most crucial pandemic of all time. It was the technology that enabled its users to keep up their experiences in their career, education, or even in day-to-day life. The result is now we are living in an era where we can do anything from anywhere at the same or in some cases with greater efficiency. The advancements in technology do not end here. They will continue to shape the future of work, transforming every imaginable sector for the foreseeable future. With that in mind, here are the 5 technologies that will change the dialogue in 2022 and beyond.

Artificial Intelligence Powered Cloud Applications Would Finally Underpin The Market
After the pandemic, no one can deny the fact that Artificial Intelligence has life-saving potential. The numerous innovations by AI from chatbots to automating tasks to virtual assistants and more will continue to drive insights and better solutions in 2022 and beyond too. It is expected to witness a great change in application infrastructure as the business organizations will move towards cloud applications in order to make way for more scalable, secure, and efficient business processes. With cloud computing and virtualization, companies would be able to carry out their processes cost-effectively by cutting down hardware. The powerful and expansive nature of cloud computing will grow in the future and likely provide more extensive security to the data and ultimately help companies achieve their business goals.  

Advancement In Internet-5G
The 5th Generation mobile network is going to be a game-changer for every sector in the coming times. Faster speeds, larger capacity, and reduced latency on the internet will open new doors of opportunities in public safety and business. Statistics say that up to 40 percent of the global population will be 5G holders before 2025. The modern business world has shifted a great deal in the past years. Many businesses have become more familiarized with working even outside of the office. 5G can further facilitate these remote working skills and ultimately help the businesses to experience an increase in productivity.

Evolvement Of The Security Industry
In the coming times, the security industry will respond with greater automation and integration. The scanner tools will bring new updates and provide for a more secure storage process of personal data. The traditional infrastructure will integrate with modern digital innovations to solve digital challenges with ease. Since the risk landscape is getting more and more complex, security needs to be reformed from the presently available basic model to the intrinsically built advanced models. Antivirus solutions and web security extensions will be evolved and may provide more real-time protection and a safe browsing experience.

Melding Of Physical And Virtual Spaces
During 2020 and 2021, many of us realized that technology is very important for not only facilitating but also maintaining communications. These communications are not just limited to work but also real emotional connections. AI technology and several new applications will drive people closer to each other even if they are physically miles apart. The line which separates physical and virtual space will blur further as the users would be able to accomplish any experience whether it is participating in global events or even getting genuine Astrological reading from their own homes. However, merely making available these experiences would not be enough. In order to win the confidence of customers, data privacy will have to be prioritized. As we step into a new era, brands will make sincere efforts to provide services to users with full transparency and control over their data.

A New Era In IoT And Edge
IoT and Edge started off as a vision for future digitization are now fast becoming the most potent superpowers of the technology world. Five years from now, Edge will become the new battleground for data management. The second major consensus is that data management and the edge will increasingly converge and reinforce each other. We will see a gradual rise in these technologies as AI-powered IoT will deploy amongst various sectors and will probably take hold of various industries.

Although I have mentioned that these technologies will impact our future, in reality, we are already witnessing their impact and widespread adoption even in the present day. It is expected to see some major updates and reforms in these technologies that will indeed change the dialogue in not only 2022 but also in the coming decade. Being a technology enthusiast, I am confident about the impact of these technologies in shaping the future and as much keen as you are to witness how these technology trends will form the backdrop to drive this growth.

The author of this article is Mr. Abhinav Gupta, CTO, Innovana Thinklabs Ltd
The views and opinions expressed are not of IIFL Securities, indiainfoline.com

Related Tags

  • 5G
  • Abhinav Gupta
  • covid-19
  • Innovana Thinklabs Ltd
  • Security Industry
  • Technology
sidebar mobile

BLOGS AND PERSONAL FINANCE

Read More

Invest Right News

BSE: Firing on all cylinders
10 Apr 2024|12:07 PM
Read More
Knowledge Centerplus
Logo

Logo IIFL Customer Care Number
(Gold/NCD/NBFC/Insurance/NPS)
1860-267-3000 / 7039-050-000

Logo IIFL Securities Support WhatsApp Number
+91 9892691696

Download The App Now

appapp
Knowledge Centerplus

Follow us on

facebooktwitterrssyoutubeinstagramlinkedin

2024, IIFL Securities Ltd. All Rights Reserved

ATTENTION INVESTORS
  • Prevent Unauthorized Transactions in your demat / trading account Update your Mobile Number/ email Id with your stock broker / Depository Participant. Receive information of your transactions directly from Exchanges on your mobile / email at the end of day and alerts on your registered mobile for all debits and other important transactions in your demat account directly from NSDL/ CDSL on the same day." - Issued in the interest of investors.
  • KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary.
  • No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account."

www.indiainfoline.com is part of the IIFL Group, a leading financial services player and a diversified NBFC. The site provides comprehensive and real time information on Indian corporates, sectors, financial markets and economy. On the site we feature industry and political leaders, entrepreneurs, and trend setters. The research, personal finance and market tutorial sections are widely followed by students, academia, corporates and investors among others.

RISK DISCLOSURE ON DERIVATIVES
  • 9 out of 10 individual traders in equity Futures and Options Segment, incurred net losses.
  • On an average, loss makers registered net trading loss close to Rs. 50,000.
  • Over and above the net trading losses incurred, loss makers expended an additional 28% of net trading losses as transaction costs.
  • Those making net trading profits, incurred between 15% to 50% of such profits as transaction cost.
Copyright © IIFL Securities Ltd. All rights Reserved.

Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213,IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248

plus
We are ISO 27001:2013 Certified.

This Certificate Demonstrates That IIFL As An Organization Has Defined And Put In Place Best-Practice Information Security Processes.

closeIcon

Get better recommendations & make better investments

Invest wise with Expert advice

By continuing, I accept the T&C and agree to receive communication on Whatsapp