What’s Next in Computing? Trends for MSMEs and Investors
| 3 minutes read
Since we can see how rapidly the technologies are changing, it becomes crucial for startup founders, venture capital investors, and executives to understand the latest trends. Considering this will help you put you in a better position to design products and offer much better services. In addition, it becomes crucial to form a partnership between MSMEs and corporations. And make smart investment decisions.
Let’s look at the latest developments in computing, and we will share some crucial factors that will help you navigate what’s ahead.
Growth in high-performance computing
As extensive data-based research grows and cloud computing grows, we expect high-performance computing usage to surge in 2022. It becomes crucial because quantum computing technology needs to meet business demand. For example, businesses use quantum computing to explore space, conduct medical research, and discover other things efficiently.
We’ve already seen innovation and growth in the quantum computing space by market leaders, including Google, Microsoft, Amazon, IBM, etc. In addition, cutting-edge startups like Rigetti Computing, D-Wave Systems, ColdQuanta, and QC Ware have shown the potential to industry insiders with their innovative technology and business trends in computing.
As we move towards Q4 in 2022, we will see more evolution in quantum computing due to the demand for ample machine power. Therefore it becomes important for investors to look for qubit developments soon.
Expansion of AI, big data analytics, and cloud computing
We have already been talking about Artificial Intelligence in your previous articles. This technology has been widely used, and it has become an essential component of our lives. We will see AI in business and technology applications in the coming years. It will be extensively used in production companies, where robots perform tasks.
Predictive analytics are used to forecast potential future trends. Based on a published report, the global predictive analytics market is growing at a compound average growth rate of around 24.5% and is expected to reach $22.1 billion by 2026.
The Internet of Things (IoT) growth will help push cloud computing forward. According to predictions from Gartner, global spending on cloud services is expected to reach over $482 billion in 2022, up from $314 billion in 2020.
The expansion of 5G-6G and satellite-based internet usage will drive networking.
Especially after the pandemic, the dependency on networks and data doubled because most companies went online, and employees worked from home.
The Internet of Things (IoT) makes the internet an even more integral part of our lives; developments at all network levels will drive research and stimulate the internet economy.
The Cisco Visual Networking Index forecast update for 2018 states that 1.4 billion more people will be using the internet in 2022, compared to 3.4 billion users in 2017. This equates to almost 60% of the global population, assuming a population of 8 billion in 2022. By then, internet users are expected to consume 4.8 zettabytes of data per year, 11 times the amount of IP traffic generated in 2012, with 437 exabytes.
Even though 5G is the current trend, countries like South Korea are already working on 6G. The U.S. also started 6G research in 2018; in fact, the Federal Communications Commission (FCC) opened a higher frequency spectrum for experimental use. In addition, a Next G Alliance was started in 2020, with companies on board, including Apple, AT&T, and Google. Japan, Korea, and several European countries now take 6G seriously, and we expect that we’ll see more announcements about this technology.
A growing number of cyberattacks will spur more counteractive measures across the board. Defending cyber attacks will include educating individuals to identify and avoid network assaults, thereby safeguarding their company’s image. In addition, the use of AI can enable cybersecurity to spot risks and learn cybercriminals’ behaviors, thus preventing future attacks.
We all know we can’t predict the future, but smart business decisions and using the latest technologies will safeguard the company from future challenges.
This helps businesses and investors know where to apply their efforts now and how to anticipate how computing will evolve in future years. It’s not easy to predict, but understanding the patterns of innovation in computing will help startups and the corporations and venture capital firms that invest in them become even more successful.
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Suprotik Sinha is the Content Writer with Synkrama Technologies. He writes about technologies and startups in the global enterprise space. An animal lover, Suprotik, is a postgraduate from Symbiosis Institute of Mass Communication (SIMC) Pune. He carries 6+ years of experience in Content Writing, and he also worked in mainstream broadcast media, where he worked as a Journalist with Ibn7 ( now known as News18 India) and Zee Media in Mumbai.