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The Handelot Times
Markets

Digital transformation: 10 trends for the 2020

In which direction is the Digital Transformation going? Here are the top 10 digital transformation trends for 2020, with some surprises.

The Handelot Times Issue 15, October 2019 9 min read

In which direction is the Digital Transformation going? Here are the top 10 digital transformation trends for 2020, with some surprises.

The Digital Transformation is a global phenomenon that puts companies in the face of different challenges, first of all to understand what are the current trends. Lately, discussions on Digital Transformation trends over the next few years have been a bit repetitive: Cloud, Edge Computing, IoT, AR, etc. 2020, on the other hand, could make the difference, even starting from the same themes. If it is true that the basic technologies that have dominated in recent years will continue to be fundamental for the journey of collective digital transformation, 2020 will be defined by a new class of technologies ready to take center stage, at the center of the scene. Among these: 5G, AI, advanced data analysis, but also some aspects that might surprise. Here are the trends for Digital Transformation that can be considered the most significant in 2020.

Digital transformation: what it is

Before seeing the trends, perhaps it is better to dwell on the meaning of Digital Transformation. Digital Transformation is the integration of digital technology in all areas of a company, which leads to a radical change in the way the company operates and brings new value to customers. It is also a cultural change that requires organizations to continually challenge the status quo, experiment with accepting failure, or the possibility that a new project will not bear fruit.

Digital transformation trend

While older and more mature core technologies will continue to be at the center of most digital transformation initiatives, particularly for companies, it is plausible that the following trends will dominate discussions on digital transformation and indicate the trajectory of successful programs for 2020 5G will accelerate the process 2020 will be the year of 5G. With some of the biggest names in the telecommunications industry, such as Qualcomm, AT&T, Verizon, Nokia, Ericsson and Huawei are working to make sure 5G global distributions keep pace with the world’s best Android phone manufacturers who release 5G phones. In addition to bringing all the fastest broadband speeds and most reliable mobile networks, 5G proliferation will also accelerate progress in smart cities, smart vehicles, intelligent manufacturing and dozens of 5G hungry IoT technologies. In other words, the true value of 5G will not be limited to phones: almost every sector that touches our daily lives will be transformed for the better.

The rest of this article is in the magazine Continue in issue 15

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