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Tech Trends impacting business in 2021

Which technologies have the most potential to impact your business?

Deloitte has released its 12th annual Tech Trends report, identifying nine trends that are likely to transform businesses in the coming months.

The report includes insights around strategy, risk, and finance implications that can empower technology leaders, business leaders, and board members.

Each year, the multinational accounting and professional services firm analyses how enterprises are (and should be) accelerating digital transformation efforts. Nine trends are identified that are said to likely transform business in the next 18-24 months.

The report details  actionable advice for business and technology leaders including how technology is enabling fundamental business processes and evolving supply chains into value enablers. With the boundary between the physical and virtual worlds rapidly disappearing, the report highlights the importance of learning how technology can be used to reimagine the workplace, create more human experiences, and bolster equity initiatives.

“The COVID-19 crisis has driven change in an important and unexpected way,” the report’s authors said.

“A growing number of organizations across sectors are accelerating their digital transformation efforts not only to make their operations nimbler and more efficient but to respond to dramatic fluctuations in demand and customer expectation.

“For example, while many supply chain leaders were confident of their ability to function during disruptions, we found out, as Warren Buffett once quipped, who was swimming naked when the tide went out.

“Likewise, executive-level planning discussions about the future of work had been just that: about the future. The pandemic crashed comfortable schedules from years into weeks.”

The report delves into the nine trends and macro forces set to make their mark this year:

  • Strategy, engineered
  • Core revival
  • Supply unchained
  • MLOps: Industrialized AI
  • Machine data revolution: Feeding the machine
  • Zero trust: Never trust, always verify
  • Rebooting the digital workplace
  • Bespoke for billions: Digital meets physical
  • DEI tech: Tools for equity

You can view the report here.

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