With 2020 drawing to a close, people can breathe a sigh of relief as they look forward to a better and more prosperous year ahead. While it is still uncertain if the health crisis will finally come to an end in 2021, the COVID-19 pandemic has continued to show us that technology will only continue to evolve, even under the worst of circumstances.
We can’t be fully certain of how this will happen; we only know which technologies will continue to be successful as a result of the pandemic. With that being said, it is important to know where exactly the tech industry is headed as it learns from the disruption caused by COVID-19. For this, we can look at a few important developments:
There were big winners in the tech industry in 2020 and one of them is cloud computing. According to a report by Gartner, global spending on cloud services was $257 billion and it is expected to grow to $304.9 billion in 2021. This comes as organizations begin to realize the value of cloud computing when it comes to managing remote workers and ensuring business continuity. Moreover, they also see added benefits in terms of data security and efficiency. With these in mind, it won't take long for executives to take their organizations to the cloud during the new normal.
As Google stock's forecasted growth shows a four-year increase of 30.28% in terms of return on equity, we can only expect the tech giant to double down on features that have performed well during the pandemic. One thing’s for sure, it will continue to add improvements to its voice search feature which allows consumers staying at home to handle tasks such as making online orders, setting appointments or virtual consultations with medical professionals, and sending healthcare-related queries. Then again, Google is not alone in the digital voice technology sector, which will surely have its share of advances in 2021.
At the beginning of the pandemic, shortages in face masks and personal protective equipment have accelerated the use of 3D printing. In fact, the technology has been proven crucial in solving the disruption to global supply chains due as 3D printing facilities leverage the availability of additive materials. While production of medical equipment has since picked up to meet demand, the spotlight on 3D printing technology will only intensify as other industries look into the benefits it could bring, particularly to lean manufacturing.
The COVID-19 pandemic has highlighted the need to leverage technology for containing local outbreaks. Countries such as South Korea have used contact tracing software to track suspected carriers of the virus and act immediately to prevent further transmission. While this may adversely cause privacy issues, the use of contact tracing tools are touted for their efficiency in helping medical teams move two steps ahead.
The year 2020 might not be the best, but it did give us several reasons to feel positive. Technology has got our backs as we embrace the new normal.