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Tech Predictions for 2020 by Avaali

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2020 will see further democratization of technology, further lowering the cost of building and deploying technology solutions for the business. Commenting on the predictions of 2020, Srividya Kannan, Founder, Director – Avaali Solutions Pvt Ltd. says, “Significant increase of low / no-code software will empower business to assemble their solutions while IT takes a dominant role of ensuring security and protection as well as choose the right deployment options. Business processes will further dominate the enterprise landscape and more power to process and functional owners as they try to significantly improve process cycle time with technology.”

Srividya, Avaali
Srividya Kannan of Avaali

While commenting about cybersecurity and AI trends, She further predicted, “2020 will see a lot of focus on cybersecurity, also accentuated as a result of investments in AI and IoT.  Companies will invest significant time and monies in putting together policies, procedures, technologies, practices and tools to create a more secure environment. Cybersecurity insurance market, on the other hand, will pick up significant attention and will see over a 3x growth in 2020. Enterprises will accelerate the pace at which they launch and execute new business initiatives. AI adoption will see a lot of fast followers – enterprises will take a serious interest in delivering returns with AI. Solutions like chatbots, image recognition and machine learning, most enterprises will put together their AI strategy and execution plan.”

Cloud computing will see a lot of interest including leveraging edge computing to have near-instant access to computing resources. This will immensely help lower the connectivity costs for IoT solutions. “The demand for SaaS, PaaS and IaaS and related services will increase significantly. Also, software developments will see the practical adoption of containerization and portability with multi-cloud vendors.” Ms Kannan stated, “2020 will also see a significant demand for digital skills especially in areas entailing a healthy mix of process and technical knowledge. There will be a significant focus on driving company culture to create excitement in adopting some of these new technologies.”

SMEStreet Desk

SMEStreet is fast growing platform dedicated to entrepreneurs from small and medium sized businesses (SMEs). Committed to facilitate Knowledge & Networking for Business Growth, SMEStreet offers value added content which shows the actual voice of Indian MSMEs.

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