Digital Transformation in 2022
2020 saw companies around the world completely rework their digital transformation strategies, in some cases overnight! 2021 however, was more about refining strategies to match the current environment.
With the pandemic set to continue into 2022, companies are continuing to evolve their digital transformation strategies to become a permanent element of how the business is run.
Below are some of the trends we’re expecting to see over the next 12 months and possibly beyond.
Chip Shortage
With the unprecedented demand for portable devices and cloud solutions in 2020 as a result of the pandemic and the requirement to work from home, a chip shortage began in late 2020 and continued throughout 2022. This will most likely continue into 2023.
The explosion in demand for devices has caused sizable delays in production times of everything from phones to cars to gaming consoles.
While chip creators such as Intel, NVIDIA and Qualcomm have announced increased investment in production processes and factories, we’re unlikely to see the positive impact until 2023, meaning device production will remain limited throughout the year.
This will need to be considered when planning your digital transformation strategy in 2022, as supply remains an issue throughout the world.
Permanent Hybrid Approach
Organisations around the world are currently adopting the hybrid approach where employees split their week between working from home and working in the office.
Many large organisations have already announced that a hybrid approach will become a permanent policy, even after the pandemic.
The improvement of tools which allow us to communicate and collaborate with colleagues from anywhere in the world will continue into 2022.
Platforms such as Zoom, Microsoft Teams and WebEx recently announced new features and tools which will allow more refined collaboration regardless of where the employee is working.
XaaS
Xaas refers to refers to the delivery of anything as a service. While there are many examples of these, the three general cloud computing models below are the most common:
- Software as a Service (SaaS)
- Platform as a Service (PaaS)
- Infrastructure as a Service (IaaS)
While the IT landscape has been shifting toward XaaS for quite some time, the pandemic is accelerating its prevalence. The pay as you go model is becoming increasingly popular and shows no sign of slowing down, with the global cloud computing market size expected to reach €718 billion by 2025.
Security Focused
Privacy regulation is constantly changing for organisations around the world. Throughout the year, organisations that rely on data collected through apps will need to adjust their data collection policies to match new rules and regulations.
2021 saw many organisations failing to keep systems secure, resulting in a large amount of data breaches and malicious attacks. With large amounts of the population continuing to work from home in 2022, there has been a shift from attacks on company infrastructure to attacks on individuals through phishing attacks.
Because of this we’re likely to see new security measures, more training and improved policies being introduced across the workforce to minimise the chances of an attack.
Environmental Consciousness
With climate change becoming a more prominent topic by governments and corporations around the world, businesses are going to continue to work towards reducing carbon footprint.
Over the past year we’ve seen many large multinational tech corporations set goals to prioritise climate change and efforts to achieve carbon neutrality. These environmental issues will continue to move up companies’ priority lists.
Research indicates that companies with high ESG (environmental, social, and governance) ratings perform better in the market average in both medium and long-term earnings.
Is your organisation embarking on a digital transformation project in 2022? Be sure to get in contact with us today on +353 1 8041298!
