The report looks at four key areas, including everything from cloud computing to hybrid work environments.
that of Deloitte 2022 Technological Industrial Perspective was released today, detailing the four areas expected to be most important from a technology perspective this year. Many of the aspects examined by the company are researched by the workforce and how technological advances will change the way employees work.
Cloud computing enables all-in-one service
With the cloud quickly becoming the preferred platform to enable all-as-a-service (XaaS), many find it important digital transformation and find solutions while working during the COVID-19 pandemic. Deloitte found in the report that many industries are switching to a service-based IT process through the cloud and some are using hybrid-, cloud focus on optimizing important aspects of business, such as costs and optimization of organizational structure and compliance. The XaaS model also looks at how revenue is being identified and anticipates new potential revenue streams. As XaaS becomes key for certain industries during the pandemic and moving forward, technology companies need to find a way to expand by coordinating their cloud-based services and data from a single platform or dashboard.
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“Companies used to have to pay for these really expensive assets that were devalued and they had to figure out how to operate them, protect them, secure them and maintain them,” said Paul Silverglate, vice president and leader of the U.S. technology sector at Deloitte. “The as-service model has all of that merged or outsourced to another person. We’re at a point with the cloud where that’s now a reliable, trustworthy source that allows you to do that and allows so many other things to happen with 5G and things of that nature. When you can share information very quickly without latency, it allows so many different applications to occur. “
Security is also a major concern when working with cloud and multi-cloud layouts, with application and infrastructure security ranking as some of the most important aspects of the new layout along with data management and availability. Risk management is also key in a multi-cloud environment, as service providers can provide customers with systematic and organizational monitoring reports to help build risk assurance, but the key to doing this lies in explaining where network security responsibilities lie between the provider and user organizations.
Supply chain development
While supply chains Unsurprisingly, the lack of chips that plagued users of computers, laptops, video game systems, smartphones and data center infrastructure was the hardest hit by the pandemic when coupled with problems with shipping and order delays. Some laptops and computers have seen lead times of up to 20 weekswhich was seven to ten times higher than the pre-pandemic, while high-end smartphones ranged from four to eight weeks in the third quarter of 2021.
“There’s such a huge demand for semiconductors in all sorts of things, like automotive applications and consumer applications in addition to technology applications,” Silverglate said. “The manufacture of semiconductors is happening all over the world in different places with geopolitical issues happening. It’s really complex to understand where those elements are, then you throw in COVID disrupting different work environments and it creates really significant challenges with the supply chain.”
Deloitte anticipates some relief in that area later this year, but longer lead times may not fully disengage supply chains until some time in 2023. Now armed with two years of data on the cause of these supply chain problems, tech companies should. start preparing for certain contingencies, such as another COVID-19 epidemic, as seen with the delta and omicron variants. Deloitte anticipates that companies will begin to integrate granular visibility across levels along with incorporating advanced technologies such as 5G, robotic automation, blockchain and artificial intelligence help with supply chain problems that may arise in the future.
The hybrid workforce
The pandemic has changed the way companies approach in-office work, but also the expectations of employees from their employers. With more experience leveraging a hybrid workforce, technology companies are expected to evolve their cultures, accelerate experimentation with collaborative solutions, and develop better approaches to managing tax implications. Hybrid work from remote and in-office perspectives has become necessary for businesses in the technology industry to survive and grow. Employees must be able to work anywhere and anytime, while maintaining a collaborative, intuitive and accessible workplace environment. Technical companies try to balance that domestic work experience with the needs of the organization for which those employees work at the same time.
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Corporate culture was also a big issue where Deloitte realized that organizations need to quickly adapt to the needs of their employees from a collaborative perspective. Flexibility rules with in-office and work-from-home environments need to be clearly established, along with the ability to access the tools needed for workers to succeed while also being able to work alongside their colleagues. Another important recommendation was that respecting employees and their individual sensitivities will allow workers to perform tasks on time and also allow employees to feel safe in the workplace.
Sustainability in technology
Another area of concern is the reduction of carbon emissions and the recognition of the threat of climate change. According to a survey conducted by Deloitte and mentioned in the report, eight out of 10 technical executives are concerned about climate change, and most of those surveyed agreed that it is time to act. With the technical sector accounting for 2% to 3% of the world’s greenhouse gas emissions, the concern for sustainability is becoming a factor to consider for technology companies with electronic waste. Deloitte added that it expects technology giants to continue to be the world’s leading buyers of renewable energy in 2022.
Some technology companies are already beginning to address the problem of electronic waste by using recycled materials in products, design changes to promote recyclability, and easier repair to extend product life. Deloitte said it expects technology companies to take several steps to reduce and mitigate the causes of climate change, such as using satellites for environmental monitoring or using data analysis to reduce energy consumption in production processes. The report said greater transparency is needed from within technology companies advancing on sustainability and that these companies will start creating and implementing their own initiatives to reduce their carbon footprints.