Emerging Technologies That Can Influence Business Strategies

emerging technologiesOne of the ways that today’s businesses are able to get ahead of the competition is to keep a close watch on emerging technologies and take advantage of them to enhance and expand their abilities. While not every technology opportunity will be suitable for your particular business model, it pays to stay on top of the current trends and think about how they might be used now or in the future. The Industrial Internet of Things (IIoT) is one of those trends that many thought would not apply to them. However, many organizations are now using IIoT technology solutions that have been expanded or adapted to better suit the industries that they serve. Edge computing systems, green tech opportunities, and cybersecurity mesh architecture are just some of the key technologies to watch in the coming months.

Edge Computing in 2022 – and Beyond

Studies show that interest and use of edge computing infrastructure and applications grew significantly between 2020 and 2021. Industry experts agree that it will grow even more by the end of 2022 across all global regions, primarily in the Asian Pacific region. Europe and North America are a bit slower to adopt edge computing systems, but it is estimated that more than 20 percent of all businesses will utilize this technology for their organizations by 2028. Anticipated changes to hard drives, AI processing chips, smart network interfaces, gate arrays, and GPUs will be driven by more industries embracing the benefits of edge computing, replacing outdated IT server equipment.

IIoT Technology Solutions for Business

There are many unique ways that Industrial Internet of Things devices can be used to enhance a wide range of business models across multiple industries. IIoT technology solutions are not just for machines. One innovator has created wearable devices that are designed to make marked improvements in the workplace. Workers wear the devices to ensure that they are using the proper gear in a specific setting within the work environment. RFID technology is used to track things like motion, location, and other essential data. Smart warehouse technologies can assist in automating things like inventory management, product sorting, and even retrieving shelved items.

The number of ways that IIoT technology solutions for business can be used are many. From entry and exit detection or tracking at the work facility to asset management, environmental management, and so much more, there will come a day when we will wonder how we ever got by without it. Emerging technologies, such as Industrial Internet of Things devices, are reshaping the way many organizations do business. Rather than replacing human workers, as it was once feared to do, IIoT is transforming the way that people are able to work, creating a safer, more effective, and efficient workplace for all.

Green Tech Opportunities

Some businesses are the perfect choice for implementing green tech opportunities, such as reduced emissions transportation for shipping or carbon-neutral, clean energy to power systems, servers, and other essential devices within the facility. Electric vehicles, smart buildings, tech-driven infrastructure, and remote-monitored environments can help to create more efficient and effective methods for production, shipping, and services. As the traditional business models change due to the influence of emerging technologies, some companies will be resistant, while others will be excited to try new things. While not every new trend or idea will be right for you and your business, it is important to be open to at least exploring new opportunities.

Innovative Technology Solutions

At Synivate, we have earned a solid reputation for providing our clients in the Greater Boston area with dependable, innovative technology solutions. We treat each customer as a unique individual, working to determine their specific needs and requirements while adhering to any industry or government regulations that pertain to their organization. Contact our team today by calling 617-848-1248 and receive a complimentary development consultation that will help you to maximize results and address all of your technology needs. We can integrate and support IT solutions, as well as design, install and help you manage the technology services necessary to take your business to the next level. We also offer free network assessments and evaluations to help you better understand your technology needs.

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