TECHNOLOGY TRENDS OF 2021 AND FORECAST OF TECHNOLOGY IN 2022
Erdem ERKUL , PhD
Founder / Chairman at Cerebrum Technologies / Technology Entrepreneur / Forbes / ex Microsoft & Samsung & Cepis
Technologies created during the pandemic in 2021 were based on three main themes: people-orientedness, resilient delivery and independence from location. The way they work had to change due to the epidemic, but still, “human” was still at the center of the work. Therefore, people’s centricity of new technological and digitalized conditions, and creating location independence were important to work.
As we come to the end of 2021, where we hear terms, such as Metaverse, NFT, blockchain, and cryptocurrencies, which promise to go beyond physical borders, we are slowly entering 2022, which we wonder what kinds of technological developments await us this year.
Let me tell you before we start; you will be able to discover new galaxies while sipping your coffee inside the James Webb Space Telescope. In other words, virtual reality will now be the reality of our lives.
Here are 5 most popular technology trends of 2021:
1.???Internet of Behaviors: IoB uses data to change attitudes. Also, IoB has ethical and societal responsibilities because of collecting big data from many sources, such as the public sector, social media or governmental agencies and so on. IoB is a growing trend due to the technolog,cal knowledge levels of people. Moreover, with IoB, information about digital and physical data can be influenced by using feedbacks. For instance, employees’ behaviors could be observed so that any problematic manner could be corrected by the feedback of IoB’s data usage.
2.???Anywhere Operations: Businesses need to adapt themselves to new conditions, and COVID-19 has been teaching us this more. The operations model is very important to sustain the work because the business might be still doable even if customers, business partners and employers are physically remote. Digitalization of business is vital for the “anywhere operation” model, and the digital area of the work-scope needs to be improved more. Still, we could talk about physical conditions; for instance, physical or digital services, such as contactless payments, bank transactions, ticket purchases should be able to be served without any problems, but the “digital” should be the first always.
3.???Cybersecurity Mesh: The concept of security is changing day by day, and it is more related to the cyber world nowadays. People do not need to be protected physically that much anymore because their works, identity pieces of information, social media accounts, etc. are in a digital new world far from a traditional type of security. So, this new cyber area of people needs to be protected, and cybersecurity mesh is a really important trend that is about “scalable, flexible and reliable” control. Cybersecurity mesh essentially allows for the security perimeter to be defined around the identity of a person or thing. That is why it is possible to talk about human-centeredness in cybersecurity mesh as well.
4.???Intelligent Composable Business: These types of businesses could adapt and reshape themselves based on current changeable conditions. To provide and to improve digital transformation faster, ICBs need to make quick decisions based on valid data. To do better and successful transformation by using data, organizations must access the better and correct information, and they need to have better “insight” to increase this information. Moreover, ICBs must have to find quick responses and solutions to the insights issues and problems. Faster data analysis and faster data collecting create an efficient process of reaction toward business.
5.???Hyperautomation: Hyperautomation suggests the idea that everything in an organization should be automated if possible, and generally, unmodern businesses try to apply hyperautomation. Actually, it is an expensive and extensive process for old-fashioned businesses. However, still, those kinds of organizations are in need of a digital business that creates efficiency, fast work, democratization and so on. If organizations continue their businesses by following non-technological applications, they will definitely fall behind. Basically, hyperautomation is an inevitable process for non-streamlined organizations.
Differently from the three main themes of 2021, today’s CEOs want the focus to shift to growth, digitalization and efficiency in 2022. With those concepts, they want to trust digitalization for their employees and devices at anywhere, to find rapid creative digital solutions everywhere, and to work with new innovative capabilities in their business growth beyond the day.
Here are some technology trends that showed improvements in 2021 and are thought to be in focus in 2022:
1)??Metaverse: Metaverse provides education and experience with users on both tracks of the real and virtual worlds. And also, as a new computing platform or content medium, it can generate trillions of value.
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Possible effects of Metaverse on our lives in the future:
-??????It can provide economic benefits for some tech and game companies.
-??????Many jobs of today will end, many will be transformed, and many new jobs and industries will be created thanks to Metaverse.
-??????New companies and services may arise in areas, such as payment processing, authentication, recruitment and content creations by using Metaverse.
2)??Blockchain: Blockchain in a chain structure consisting of blocks is a distributed database system that provides encrypted transaction tracking. Each block on the chain contains a series of transactions, and each time a new transaction occurs on the blockchain, a record of that transaction is added to each participant's ledger. It allows Bitcoin and other cryptocurrencies to operate without the need for a central authority.
3)??Decentralized Autonomous Organization (DAO): DAO is represented by a computer that is independent from the government, so it is a transparent system to not influenced by any central power. Blockchain technology maintains a DAO’s financial transaction, and its program’s rules and regulations are sustained by the same system.
4)??Decentralized Finance (DeFi): It refers to an ecosystem of financial applications built on blockchain networks. There is no central authority in this ecosystem, and the purpose of the system is to create a transparent financial service environment. The main benefit of DeFi is that easy access to financial services can be provided by everyone. Together with blockchain technology, DeFi can create new financial markets, products and services.
5)??Non-Fungible Token (NFT): NFT certifies that a digital asset is unique and therefore not interchangeable. This system is a dataset stored in a digital ledger in the blockchain structure is the unit. NFT is used to represent virtual elements of digital file types, such as photos and videos.
6)??Cryptocurrency: A crypto is a digital or virtual currency. Its security is provided by “cryptography”. Double-spend and counterfeit are not happen in this system thanks to cryptography. Without any central control mechanisms, crypto is independent based on blockchain technology.
7)??Climate change Solutions and Smart City Technology: Climate change is one of the negative situations that has been showing its effect in recent years. Disruption of the order of the climate means the deterioration of the ecological balance. The protection of nature, which is the home of human beings, must also be based on the self-sacrifice of people. At this point, we need to take advantage of the good aspects of technology and produce solutions to our injured world. At that point, smart city technology could be very useful. Natural resources can be used more efficiently and environmental footprints can be reduced. In addition, more effective and data-based decision-making mechanisms can be built, improved citizen-management interaction can be created, and more efficient public services can be provided.