With 2022 around the corner, it is time for forecasts on the trends in digital transformation.
Since 2020, digital transformation has not shown any slowdown in its pace. With remote and hybrid work continuing indefinitely, CIOs are in a state of constant flux to meet these demands. Additionally, the focus on improving the employee experience has also become a key factor in the success of digital transformation initiatives. Thus, knowing its importance in the survival or potentially thriving the future, it is critical that IT leaders keep an eye on the latest digital transformation trends. Here are some of them to watch out for:
1. Quick adoption of cloud tech will force a move from RPA to API-driven approaches.
RPA has focused on automation challenges in industries that rely on mainframes and an archaic technology set, and trying to find ways to bring about additional process change. Rich Waldron, CEO, Tray.io, stated that there will be a much faster adoption of cloud technologies, which means that organizations will shift from RPA to an API-driven approach from an automation perspective. “We’re still in the early phases of this. However, the trends that are powering this shift to the cloud continue to happen at a rapid rate and the momentum behind cloud adoption correlates directly with a more API-driven, low-code approach,” added Rich Waldron.
2. “AI-powered” offerings will continue to disappoint in 2022
Rich adds that there is a significant misunderstanding of AI in the market. Today, many machine learning models are arguably closer to the true application of AI than some of the “AI-powered” offerings on the market, which are simply taking the same set of data and repeating predictions. Using machines to compute and recognize anomalies and allow you to track trends is an exciting and disruptive approach to being able to go to market. However, execution is key.
He further states that similar to quantum computing or the metaverse, AI just creates a perceived competitive advantage that results in some organizations overplaying the role AI will have in enterprise tech. “ Look at the technology companies that have seen declining stock prices over the past 12 months – most have bolted an AI offering to their product and packaged it up to sell back to the market,” added Rich Waldron.
3.Hyper Automation will enable enterprises to unlock business opportunities.
Instead of just being perceived as a feature in a project, automation will be the driving force for today’s digital enterprise. Its business driven, disciplined approach, hyper automation, enables organizations to scale automation across the enterprise via the reuse of processes and deployment of many, integrated technology capabilities including machine learning, robotic process automation (RPA) and low-code platforms. It is predicted that automation will significantly accelerate the decentralization of businesses with new capabilities strategies as well as digital-first investment.
4. Companies will adopt a composable enterprise to gain more value from automation and achieve their digital transformation initiatives.
The composable enterprise is directly correlated with the adoption of an automation mindset, enabling siloed combinations of line-of-business (LOB) teams to make the most of the platforms that they’re already spending money on and the data that they already have in those services.
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“The first phase of this is using traditional integration vendors and finding ways to connect some of the core solutions within it, but the composable enterprise means that you’re actually able to create new, custom solutions for an organization within your own team, where you really understand your problems. Then, you can distribute those solutions across the rest of the organization so that everyone gets the value from it, not just the people that created the integration, ” explained Rich Waldron.