Monday, October 2, 2023

State of IT in 2025: What the Future of Businesses Will Look Like

By Anushree Bhattacharya - April 13, 2023 7 Mins Read

State of IT in 2025: What the Future of Businesses Will Look Like

Progressive CIOs must have begun mapping plans to improve their IT landscape that expect advanced technologies, cooperative teams, and integration to gain maximum results. It is time to look closely at the evolving IT technologies by 2025.

CIOs today need to be more strategic-driven and customer-centric to survive amid a shaky economy. The technology shock post-pandemic has put pressure on CIOs to deliberately bring technology innovation to match competitive edge and survive, of course!

With that in mind, leaders can plan for what they need for tech stacks, how to improve IT departments, and what their organizations will need in 2025.

Despite this, IT leaders acknowledge that it’s impossible to foresee the future for businesses. Yet to continue to thrive, leaders will need to extend their efforts to dig into futuristic digital transformation in terms of technology to include in their IT.

Hence, CIOs will need to know about the following anticipated futuristic IT developments for 2025:

More Cloud and Metaverse

By 2025, CIOs will witness a maturation of technologies they already have today. It means there will be the expansion of more cloud usage and Metaverse. As these technologies are still in the testing phase, they will become mainstream by 2025. Business models will be cloud-based; in particular, public cloud adoption will soar.

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Cloud adoption will be the dominant way of safeguarding data that may develop into a hyper-scale cloud environment. Moreover, most CIOs believe investing in a robust cloud environment will become mandatory, and cloud-based technology trends predict a significant role in 2025.

The trends may include increased augmented Reality, artificial intelligence and machine learning, virtual Reality, and Metaverse use cases. They will also witness a growing interest in Web 3.0 and the Metaverse in the wake of remote and hybrid business operations.

As per a McKinsey finding in Trends Reshaping the future of IT and business, the global metaverse revenue opportunity may approach $800 billion in 2025 from about $500 billion in 2020. Metaverse will play a critical role in enhancing organizations’ ways to engage employees and customer experiences in new ways. By looking at the exploratory side of Metaverse, its potential will increase business values by 2025 as many executives are still reluctant to adopt Metaverse.

Pressing Need for Virtual and Augmented Reality

In a Goldman Sachs finding in The Real Deal with Virtual and Augmented Reality, the virtual and augmented reality industry expects to become an $80 billion market by 2025. CIOs will witness the power of VR/AR in business infrastructure that will depend on cloud technology.

Companies may apply them in developing applications for users and customers to deliver exceptional and faster user experiences. These technologies will also support businesses with interconnected devices across digital infrastructure, including laptops, smartphones, tablets, and more. While virtual and augmented reality will boost interconnect device uses, the value of the Internet of Things will increase, which is the next technology revolution to watch for 2025.

Connected Devices – The Roll out of IoT

CIOs and IT leaders expect to witness a high growth rate of connected devices with the optimum support of IoT by 2025. IoT use cases will explode, looking at the extensive use of the cloud. Businesses today are already using several devices due to digital adoption, but they may encounter more device usage in the future.

As a result, CIOs also need to consider investing in tools that support, monitor, and secure connected devices based on IoT. Due to the rising threat landscape, business leaders must stay prepared with stringent security policies.

This means CIO will need to look at biometrics to replace passwords and tokens for security, need more edge computing devices to process data, more intelligent tools to understand data generation by the endpoint devices, and more automation to get insights from the data analysis.

The emphasis on data is vital to every CIO’s 2025 business perspective. Data from connected devices will help CIOs to gain detailed information regarding devices’ functionalities, predict futuristic opportunities, detect security threats, and detect accesses widespread across the business.

Statista, in its report on Internet of Things (IoT) and non-IoT active device connections worldwide from 2010 to 2025, states that the total installed Internet of Things (IoT) connected devices globally might reach 30.9 billion units by 2025. Developing faster and more unfailing networks, particularly with the 5G, will accelerate IoT deployment.

Increased Use of Biometric Technology

The use of facial recognition to secure business access, secure payment solutions, and secure crucial business assets is ready to double by 2025. Added functionalities such as palm scans, eye retina scanners, and other human senses scans will increase with the advent of smartphones and interconnected devices. Case in point, MasterCard and Samsung revealed a new fingerprint-enabled payments card in March 2023.

Similarly, voices generated commands for scanning purposes will also play a crucial role in business models by 2025. As the need for a secure business authentication environment grows, smartphone vendors will need to increasingly deliver more robust hardware-based voice systems to keep pace with fraudsters’ evolving threat strategies.

Cybersecurity across the business infrastructure is the most evident concern for adopting biometric technology. Biometric solutions are needed due to the sheer quantity of accurate data, a lack of detailed information on how biometric software is used, the challenge of gathering authoritative personnel information and even prohibiting misuse of technology. The use cases of the technology may expand with the suitable usage by businesses in the future.

According to Research and Markets’s report in Global Demand for Biometrics in Security, Forecast to 2025, biometric technology will witness exponential growth with increased demand for employee biometrics-based IDs, high use of passwords, authentication codes, and more.

The Futuristic IT Workforce

By looking at these anticipated technology developments by 2025, CIOs need to consider the capabilities and skills required for tech experts to create a robust futuristic IT landscape. The need for more critical thinking and problem-solving skills will pique CIOs’ interest in running businesses.

Adding to the list includes emotional intelligence (EQ), analytic approach, and customer-centric point of view will be a pressing need for leaders so that the technology stacks can continue to function effectively and deliver expected outstanding results. These aspects will also help to identify new ways of leveraging technologies to discover new growth opportunities.

On the same scale, innovation and ideation will also become increasingly important. That means CIOs will emphasize having data-related skills and expertise in digital infrastructure. In addition, CIOs anticipate more and more collaboration between inter-departments and other functional areas within their organizations.

IT capabilities will further expand into other functional areas where CIOs and IT leaders must study how to leverage technology effectively within the different departments to boost revenue generation.

CIOs will need to get an allowance to access technology tools and data to transform the IT landscape to deliver more value to customers. As a result, cross-functional activities may rise, and new forms of expertise may evolve with time to benefit businesses. That makes sense when companies embrace agile methodologies and bring new tech capabilities faster than before.

Also Read: IT Trends That Will Entice CIOs to Invest in 2023

It is time to Prepare!

Future-looking CIOs are unaware of what they’ll need to improve IT in 2025. They need to prep up from now to begin planning with the above-evolving technologies. They can effectively create a business-aligned roadmap displaying every technology use case.

Such roadmaps will help CIOs to speed up their cloud investments and leave legacy technologies behind. They may also need to develop a talent-driven strategy along with training sessions for employees to get equipped with technology usage. CIOs will also need to select the right vendors to keep pace with their technological roadmap and align all of that with the business’ vision for 2025.

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AUTHOR

Anushree Bhattacharya

Anushree Bhattacharya is a Senior Editor with Ondot Media, where she covers stories on B2B business strategy, thought leadership, and corporate technology culture. She is a quality-oriented professional writer with eight years of experience. She has been curating content for the B2B industry, and her writing style is inclined toward how businesses want to perceive information about emerging digital transformations and technology developments. Anushree blends the best information on trending digital transformations, technology-driven stories, and SEO-optimized content. Anushree is proficient in technology journalism and curates information-driven stories about enterprise tech for EnterpriseTalk publication.

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