Technology trends

Top Tech Trends to Watch in 2022

February 22, 2022 – Technology is part of our daily lives and has become more ingrained in the way businesses operate. A new Harvey Nash report indicates that we will continue to see adoption rates of existing technologies increase and new technologies emerge to reshape day-to-day business. The research firm outlines the top five technology trends that are having the biggest impact on businesses:

1. Blockchain

Blockchain was one of the hottest tech trends in 2021, and public interest will continue to rise in 2022 and beyond, according to the Harvey Nash report. However, while most people know blockchain as a technology that supports cryptocurrencies, it has much more potential than that. Blockchain is so versatile that it can encompass many tasks outside of recording financial transactions, such as storing medical records, controlling and distributing vaccines, tracking the flow of goods, keeping records personal loans, etc.

2. Cybersecurity

Everyone knows that the COVID-19 pandemic has accelerated technological progress, for better or for worse. As a result, cyberattacks are becoming more common and have successfully targeted large companies like Facebook, Microsoft, and CNA. It is therefore more important than ever to have cybersecurity strategies in place.

Harvey Nash said that “there are many cybersecurity trends to watch in 2022, such as targeted phishing attacks, cybersecurity threats in higher education, security issues in IoT devices, and more. Fortunately, artificial intelligence technology has made its way into the cybersecurity industry, making security protocols simpler and less expensive. Last year, we saw significant investment in cybersecurity, as it is a top priority for digital leaders. This investment seems to be paying off; our research shows that cybersecurity defenses remain strong.“For example, only 24% of survey respondents said they had experienced a major stroke in the past two years, compared to 27% in 2020 and 32% in 2019.

3. Edge Computing

The aggressive growth of smart devices has strained internet infrastructure, forcing cloud-based businesses to seek new ways to serve their customers. With this explosive growth, the demand for edge computing is at an all-time high.

According to Gartner, 10% of enterprise data is created and processed outside of centralized data centers, and by 2025, this figure is expected to skyrocket to 75%. “For enterprises, edge computing can help reduce overall network traffic to improve its applications and software,” the Harvey Nash report says. “In addition, it provides greater security for a company’s networks and improves data privacy. Edge Computing is a reliable, efficient and scalable solution to take a workplace to a whole new level.

4. AI Technology

AI continues to grow in popularity with businesses across all industries. In almost every profession, AI technology is helping workers do their jobs more efficiently. Fifty-four percent of executives say implementing AI in their workplace has increased productivity. For example, AI is an absolute game changer for Health care, improving nearly every facet of the industry, from virtual assistants that save nurses valuable time to workflow AI technology that helps doctors free up 17% of their schedules. Although AI has been around for a while, it is continually adapting and improving to make life easier for people and businesses.

5. Everything as a Service (XaaS)

XaaS gained a foothold a few years ago due to the wide range of services and applications that people can access on demand over the Internet. Additionally, large companies like Amazon, Google, and Microsoft have started using cloud computing to acquire on-demand services due to its agility and flexibility. Thanks to XaaS, companies can now access technology much faster and at a lower cost. Before cloud services, companies had to purchase individual products such as software, security, infrastructure, etc., install them on-premises, and connect them to create a network. Now the only thing companies have to do is buy what they need and pay as they go.

The most requested cybersecurity

Cybersecurity is ranked as the most in-demand skill in the United States, followed by DevOps and big data/analytics, according to the “Digital Leadership Report” published by Harvey Nash Group and the CIO network CIONET. In the report’s survey of technology leaders, cybersecurity received the most mentions as the most in-demand skill over the past 12 months, with 43% of respondents indicating it was. It was followed by DevOps, cited by 39% of respondents, and big data/analytics, rated by 38%. Globally, the three most in-demand skills were cybersecurity, big data/analytics, and technical architecture.

Related: The hunt for cybertech leaders intensifies as risks mount

Harvey Nash’s report also looked at the shortage of IT talent. He revealed that 69% of US tech leaders say they are unable to keep up with the pace of change due to lack of talent. Harvey Nash Group CEO Bev White said companies are moving from a simple “technology focus” to having technology scattered all over the place. Lack of talent with the right skills is the stumbling block. “In fact, businesses are facing a triple whammy,” she said. “They lack the supply of skilled resources they need; they have yet to develop a new and effective employee value proposition for the hybrid workplace; and the skills needed themselves are changing as technology develops at an accelerating rate.

Yet 30% of digital leaders in the United States plan to increase their investment in technology and 36% plan to increase their workforce. Additionally, to help close the skills gap, 51% of digital leaders, not just in the US but globally, planned to increase cross-training, while 45% planned to increase the use of niche consulting firms and 44% planned to increase permanent hires. The report also found that 35% of digital leaders globally plan to increase the use of contractors and 30% plan to increase the use of employment contracts.

Related: Demand for cybersecurity talent drives up salaries

Contributed by Scott A. Scanlon, Editor; Dale M. Zupsansky, editor; and Stephen Sawicki, Editor – Hunt Scanlon Media