Tech Challenges Companies Will Face In 2022

Tech Challenges Companies Will Face In 2022-01

Tech companies have their work cut out this year to navigate the challenges that crop up as they adjust to new ways of working.

According to Deloitte’s 2022 Technology Industry Outlook report, four main themes will play a foundational role for tech companies in 2022.

At the start of 2022, many of these issues remain front and center for technology companies, with one important difference: Leaders now have an opportunity to address these challenges better, so they can lay solid foundations for future innovation and growth.

These include adding efficiencies to cloud and service-based IT creating new supply chains, building out the hybrid workforce, and creating a sustainable future.

Taking cloud and service-based IT to the next level

Collaboration and resource sharing will continue to be critical. The companies that are best able to work collaboratively and in a heterogeneous environment are the ones that are going to be the most successful. Companies that utilize technologies shifting to a service-based model – mainly via the cloud – will thrive in the new normal. Since the cloud has quickly become the preferred platform for artificial intelligence capabilities, intelligent edge services, and advanced wireless connectivity, many tech companies have begun. They will continue to leverage a hybrid, multi-cloud strategy to increase access.

Creating new supply chains

In addition, learning from and preparing for future disruptions in the supply chain will better prepare companies from the difficulties experienced over the past two years. To effectively deal with future (and potentially more significant) supply chain challenges, tech companies should build their supply networks with the ability to offer granular visibility across all tiers and levels.

Building out the hybrid workforce

The most urgent of these four challenges is potentially the hybrid workforce.  2022 would be an important year for the hybrid workforce model and how to navigate it as it is definitely here to stay. In particular, tech companies should focus on a few vital areas when creating a new hybrid workforce strategy.  Enterprises will have to work out colocation rules or flexibility to allow employees.

Creating a sustainable future

The future of sustainability in the tech industry looks promising but also continues to be one of the major challenges. Organizations will have to look at the overall picture -the energy being consumed or saved by the products they’re working with. Collaborating as a tech community and using cloud environments — which allows for a smaller concentration of people or companies to control, manufacture, or utilize the technology infrastructure — makes a big impact.

By tech leaders setting goals to reduce a company’s carbon footprints, real change can happen — and it’s clear it needs to. The tech sector alone is reportedly responsible for 2-3% of the world’s greenhouse gas emissions. In addition, chip fabrication and data center cooling both use enormous amounts of water, with a typical data center consuming as much water daily as a city population of about 30,000–50,000.

The tech industry has a lot of work ahead this year, and many challenges that companies would have to overcome strategically.

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Swapnil Mishra is a Business News Reporter with OnDot Media. She is a journalism graduate with 5+ years of experience in journalism and mass communication. Previously Swapnil has worked with media outlets like NewsX, MSN, and News24.