Technology Trends in the Era of Covid-19 Pandemic and Beyond
The Covid-19 pandemic and the subsequent protocols of social distancing has disrupted our lives in a far bigger way than imaginable. Every aspect of our lives has been affected by the pandemic and its repercussions, not to mention the immense impact on the economy and the way enterprises function. Today, as the world slowly inches out from the clutches of the most deadliest crises of our times, towards the "new normal", it's time to take a moment to reflect on the major changes to expect in a post Covid-19 world.
Since technology defines our lives, there is no better way to understand what the post Covid-19 era holds, than studying the technology trends. This includes popularity of digital payment modes, widespread applications of robots and the online retail revolution, to name a few. Let us have a look at the key Technology trends to look for in the near future.
1] The Need for Speed in Software Development
The Covid-19 pandemic has injected a new sense of urgency to software development like never before. Experts from the domain say that the software that usually took months to be deployed, is now being deployed within a matter of few weeks. This highly agile environment calls for platforms that make it possible to develop and test faster than ever, making zero-coding platforms the need of the hour.
According to Forrester, the market for low code platforms will grow at an annual rate of 40% after 2020.
This has prompted leading IT firms to focus on developing low code or zero coding platforms.
2] AI and Robots Come to the Fore
The Covid-19 pandemic and the social distancing has had huge impact on the sectors where human interaction was key. This include the service sector and all areas that required people to interact with one another. As humans are forced to follow the norms of social distancing, thankfully there is AI and Robotics to fill the gap.
Even the Healthcare sector has immensely benefitted from the presence of AI to lend a helping hand. Similarly, chatbots powered by AI have taken on the role of customer service personnel, helping customers with information in the times of crisis.
According to a report by Mordor Intelligence, the AI market is all set to experience an annual growth of 25%.
3] Databases on the Cloud
With the Covid-19 pandemic forcing people to stay indoors and work from home, the system at the office desk, in itself, is hardly of any value in the entire scheme of things. The fact that employees are working from diverse locations, makes it absolutely essential to have all the data on the Cloud.
The new age cloud-based database has been used by enterprises for quite some time now but never before has the demand for Cloud been so high. Today, every business needs the Cloud to stay relevant and this is a game changer.
4] Businesses to go Digital
One of the sectors that have witnessed a major breakthrough has been the online retail or ecommerce sector. As people stay indoors, online retailers have helped us get everything from daily essentials to electronics to fashion apparel, delivered to our doorstep. The food delivery apps have also played a very significant role in making things easy for people.
The eCommerce and online retailing market is slated to witness further growth in the near future say experts.
Forrester has revealed that 44% of individuals across the globe are buying more things online than they ever did.
Also, purchases on the eCommerce platforms of traditional retailers have jumped by an whopping 119%
This shows that eCommerce is all set to integrate more into the everyday lives of customers and change the way we shop, forever.
5] Seeking Doctor Consultation Online
As the Healthcare sector deals with the surge of Covid-19 cases, it becomes difficult to manage other patients during this time of crisis. Also, the social distancing norms make it difficult for individuals to venture out of their homes and visit a doctor. Thankfully, there is the technology of telehealth or remote doctor consultation that has made things easy for millions of individuals.
As people were stuck in their homes, there were remote Health apps that helped them connect with doctors, track health parameters and paved the way for timely diagnosis. Also, online delivery of personal protection equipment (PPE) and medicines is another area that witnessed a huge surge during the pandemic.
That was about some of the major technologies that proved to be breakthroughs during the pandemic. Just like technology has helped us overcome the crisis brought in by the outbreak of the pandemic, it is technology again that will help us redefine a new tomorrow in the post Covid world.
Want to know kore about the impact of Covid-19? Read Social and Economic Impact of Covid-19 Today.
Since technology defines our lives, there is no better way to understand what the post Covid-19 era holds, than studying the technology trends. This includes popularity of digital payment modes, widespread applications of robots and the online retail revolution, to name a few. Let us have a look at the key Technology trends to look for in the near future.
1] The Need for Speed in Software Development
The Covid-19 pandemic has injected a new sense of urgency to software development like never before. Experts from the domain say that the software that usually took months to be deployed, is now being deployed within a matter of few weeks. This highly agile environment calls for platforms that make it possible to develop and test faster than ever, making zero-coding platforms the need of the hour.
According to Forrester, the market for low code platforms will grow at an annual rate of 40% after 2020.
This has prompted leading IT firms to focus on developing low code or zero coding platforms.
2] AI and Robots Come to the Fore
The Covid-19 pandemic and the social distancing has had huge impact on the sectors where human interaction was key. This include the service sector and all areas that required people to interact with one another. As humans are forced to follow the norms of social distancing, thankfully there is AI and Robotics to fill the gap.
Even the Healthcare sector has immensely benefitted from the presence of AI to lend a helping hand. Similarly, chatbots powered by AI have taken on the role of customer service personnel, helping customers with information in the times of crisis.
According to a report by Mordor Intelligence, the AI market is all set to experience an annual growth of 25%.
3] Databases on the Cloud
With the Covid-19 pandemic forcing people to stay indoors and work from home, the system at the office desk, in itself, is hardly of any value in the entire scheme of things. The fact that employees are working from diverse locations, makes it absolutely essential to have all the data on the Cloud.
The new age cloud-based database has been used by enterprises for quite some time now but never before has the demand for Cloud been so high. Today, every business needs the Cloud to stay relevant and this is a game changer.
Gartner predicts that by 2022, 75% of enterprise databases will be deployed on or migrated to a Cloud platform.
One of the sectors that have witnessed a major breakthrough has been the online retail or ecommerce sector. As people stay indoors, online retailers have helped us get everything from daily essentials to electronics to fashion apparel, delivered to our doorstep. The food delivery apps have also played a very significant role in making things easy for people.
The eCommerce and online retailing market is slated to witness further growth in the near future say experts.
Forrester has revealed that 44% of individuals across the globe are buying more things online than they ever did.
Also, purchases on the eCommerce platforms of traditional retailers have jumped by an whopping 119%
This shows that eCommerce is all set to integrate more into the everyday lives of customers and change the way we shop, forever.
5] Seeking Doctor Consultation Online
As the Healthcare sector deals with the surge of Covid-19 cases, it becomes difficult to manage other patients during this time of crisis. Also, the social distancing norms make it difficult for individuals to venture out of their homes and visit a doctor. Thankfully, there is the technology of telehealth or remote doctor consultation that has made things easy for millions of individuals.
As people were stuck in their homes, there were remote Health apps that helped them connect with doctors, track health parameters and paved the way for timely diagnosis. Also, online delivery of personal protection equipment (PPE) and medicines is another area that witnessed a huge surge during the pandemic.
That was about some of the major technologies that proved to be breakthroughs during the pandemic. Just like technology has helped us overcome the crisis brought in by the outbreak of the pandemic, it is technology again that will help us redefine a new tomorrow in the post Covid world.
Want to know kore about the impact of Covid-19? Read Social and Economic Impact of Covid-19 Today.
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