Four tech trends directly impacting businesses in 2022

January 4, 2022 10

From digital marketing to our humble smartphone, tech dominates our lives in every way. Are you looking to dominate as a small business? If you are considering what it really takes to get ahead in 2022, tech is the key!

Here are some tech trends for you to look out for that could impact your business.

Metaverse of all things tech

The Metaverse is something we will hear about a lot. The Metaverse is a logical extension of virtual reality, and while it is in its infancy, for anybody who’s played Pokémon Go or has joined a virtual office space, the Metaverse is going to be big news!

We have started to hear about it more with Mark Zuckerberg talking about creating a truly digitized world and if you are looking for a way to escape into the digital realm, or you are trying to harness technology to build bridges with customers, it’s a good idea to start thinking about how you can engage with others beyond typical email and communication methods.

Central bank digital currencies

While everybody is more than aware of the cryptocurrency wave, you may have seen coverage of Central Bank Digital Currencies (CBDCs) in smaller countries. Because many governments are choosing to not adopt cryptocurrency, this is something that you will want to look out for. This is especially true if you are trying to do business with smaller countries.

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The potential backlash against AI

Recently there have been concerns over bias in machine learning algorithms. This is arguably why the self-driving car is not taking off as it should. But the backlash against artificial intelligence is very likely going to grow, which will filter into the mainstream.

There’s a lot of fears over the effects of AI, which are largely unfounded. While recent concerns over data privacy have largely been solved, people’s concerns will start to shift towards AI.

Concerns over the chip shortage

Due to the rapid acceleration of the Internet of Things prior to the pandemic, and microchips being used in a number of devices such as smart technology, the shortage in the supply of semiconductors has caused a global disruption. While it hit the automotive industry during the initial waves of the pandemic, the demand for 5G and cloud-based services for communication platforms caused a mass shortage.

Hopefully, by the end of 2022, there will be an end to this problem. Therefore, any business owner struggling to keep up with tech demands should find themselves (almost) on easy street.

Technical trends can evolve so much over the course of a year, and while there’s a lot for any small business or indeed big business to consider, if you are at a stage where you are looking to get more in tune with what your business organization can do to keep ahead of the trends, technology is one of those areas that can be too quick to keep up with. But some of these areas are most definitely worth looking into.