A small organization may not find it necessary to leverage different technologies as they are mostly confined to a particular stream. When it comes to an enterprise, the entire scenario takes a turn. An enterprise encompasses a dynamic environment, wherein clients from different sectors expect the best possible offerings. With the waves of Digital Future and Industry 4.0 beginning to sweep traditional businesses aside, enterprises should start focusing on efficiently solving business problems (emphasis on “efficient” here). And that is where enterprise technology solutions come into the picture.
Enterprise technology solutions typically involve an organization taking care of its software needs according to the latest market trends and recent technological advancements. The term ‘software’ here spans across different technologies, including:
- Customer Relationship Management (CRM)
- Content Management Systems (CMS)
- Business Intelligence
- Enterprise Resource Planning
- And many more.
Wondering what are the key trends for enterprise technology solutions in 2021 and why should organizations opt for technology services? By the end of this blog, you’ll have answers to these questions.
Three Vital Trends in Enterprise Technology Solutions
1. Digitization and COVID-19: Zero Trust Security
It appears that the coronavirus outbreak has become the final nail in the coffin for many conventional businesses. As a result, with people leaning towards the digital medium, the online market space gains a new shape and enhanced competition levels. Hence, enterprises need to ensure that they are providing best-in-class solutions to assure sustainability. Zero trust security can ensure absolute protection of data across the enterprise. In this model, there is no privileged access. The system authorizes employees before providing them access to the enterprise’s sensitive information. Zero trust security is emerging as a top priority among organizations encouraging enterprise technology solutions.
- The all-important transparency can be achieved
- This AI-driven approach leads to the ultimate security of the entire system
- Phishing attacks are drastically reduced.
2. Multi-cloud Systems Become Indispensable
With enterprises welcoming the idea of remote employees, cloud-centric IT infrastructure will emerge as a vital tool to support employees across the world. When it comes to introducing multi-cloud systems, different parameters like data synchronization, security, accessibility, and management becomes paramount. Just so you know, according to a report by IDC, enterprises are gradually shifting towards cloud-based IT systems, with spending increasing by 10.4% in 2020 on cloud-based hardware. During this same time, spending on traditional IT infrastructure took a hit by plummeting to 16.4%. Our recommendation would be to watch out for multi-cloud systems while using enterprise technology solutions.
- Achieving agility and workload mobility becomes a possibility
- Improves application response time and network performance
- It paves the way for absolute flexibility and scalability.
3. Automation — The Ultimate Spotlight
According to a recent study by Harvard Business Review, 52% of the Fortune 500 companies that existed until 2000 no longer exist. The intervention of humans in any system brings about the loss of efficiency while causing fatigue. As a result, automation has remained the core of enterprise technology solutions for quite a few years now. With Machine Learning (ML) and Artificial Intelligence (AI) gaining acceptance, automation will continue to remain a major trend in 2021 as well. According to Coherent Market Insights, the Hyperautomation & Robotic Process Automation (RPA) sector is expected to grow exponentially at a CAGR of 19% until 2027.
- Productivity and business efficiency will reach a whole new level
- Better data handling and improved analytics
- With proper CRM in place, customer engagement and support becomes streamlined and efficient.
Enterprise Technology Solutions: Wrapping Up
Now that we’ve identified the top trends of this year, it’s time to adopt these into your own organization. In case you’re wondering which company to choose for enterprise technology solutions, here’s an article for you. In case you need further assistance, we, at WayPath, can comprehensively help you out. Reach out to our experts today.