The technological advancements are taking the various industries by storm. Newest innovations and high-end processes have re-shaped the way modern-day enterprises work. Here are 8 enterprise technologies that will make a big impact in 2020.
Enterprise Technologies to Swear By in 2020
1). Robotic Process Automation
Robotic Process Automation or RPA is going to be the most significant trend of the year 2020. This enterprise technology has already superseded every other method wherein the various business processes, and transactions are being automated. This helps organizations save money and time with effective customer delivery.
2). AI
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Artificial Intelligence is taking over the world of technology faster than anyone ever thought. Technology Giants are investing time and money in developing the latest AI technologies. AI is going to substitute most of the software and processes in the coming years.
The strongest point of AI is its machine learning capabilities. AI platform as a Service is going to be the most significant trend of 2020. AI with its edge analytics, transfer learning, and explainable AI has the potential to create waves in the tech world. AI is being developed and enhanced every single day. The AI algorithms are getting smarter.
3). Augmented Human
Emotional AI, biotechnology, immersive workspaces, and personification are few aspects of augmented human. The technologies are fast advancing to provide the capabilities of emotional sensitizing and human reasoning to the machines. These technologies are certainly going to influence the various enterprise also in coming years.
4). ChatBots Improvements
Chatbots are the newest trend in e-commerce and customer service. Gone are the days’ companies invested in multiple call center executives to cater to the necessary inquiries for the customers. Now the automated chatbots provide to mostly all intrinsic and initial queries of customers.
However, there is a scope for improvement like the various other areas of AI and Augmented humans technologies. The enterprises need to invest in the chatbots and make sure their machine bots learn faster about the nature of customer queries and provide better answers.
5. Cloud Computing
Most businesses are now incorporating cloud to enable Enterprise Collaboration Systems that help the teams to connect and collaborate information in real-time. Cloud Computing has made information and resource sharing seamless and platform-independent.
6). BlockChain
Blockchain is the trend that is here to stay. Cryptocurrency is an essential example of Blockchain; however, its implications are multiple now. Blockchain trend is going to impact the way companies are going to function in the coming years. Blockchain applications will be incorporated with cloud, to facilitate higher transparency with enhanced flexibility and security.
7). Digitalized Ecosystem
Digitalization has existed for long; however, now the organizations are traversing towards the digital ecosystems faster than ever before. The reason being, this system provides users more control over their own data and decentralizes the processes of an organization.
8. Business Intelligence and Business Analytics
These technologies have been around for long; however, as the digital age sets its foot firm, organizations need to keep up with the latest developments in BI and BA. The innovations in the field of BI are going to influence businesses in a stronger than ever before.
The above technologies are definitely going to disrupt the legacy methodical processes and make a paradigm shift in the world of business.