Technology Trends that Will Impact Businesses in 2020

The worlds of technology and business are inextricably linked. As technology continues to rapidly advance, businesses must keep pace to ensure their continued success. While the new year has only just begun, there are already several tech trends with the potential to revolutionize various industries. To learn more about the predicted technology trends that will impact businesses in 2020, continue reading.

Automation technology

The rise of automation will significantly impact many businesses, especially industrial businesses. This impact will likely be largely positive. For example, automation will result in improved efficiency, safety, and reliability for businesses. For employees who have transaction-based jobs, however, the rise of automation may mean that they need to find a new career path as technological devices begin to replace them.

3D printing technology

3D printing is expected to continue to change the business world in 2020. 3D printing allows three-dimensional objects to be printed from a computer-aided design model. This process can benefit businesses in several ways by decreasing inventory costs, creating less need for storage, and decreasing transport costs.

5G network technology

5G emerged on the technology scene in 2019 and its popularity and application are only expected to grow in 2020. 5G technology is the fifth-generation wireless technology for digital cellular networks that allows them to operate at an extremely fast rate. In addition to helping people connect, this technology also interconnects control machines, objects, and devices. This beneficial technology will likely greatly improve the performance and efficiency of various industries in 2020.

Distributed cloud

Cloud technology has already been recognized and embraced by a range of industries. In 2020, this system will continue to revolutionize businesses due to the innovative distributed cloud technology that is predicted for release in the coming year. This innovative system offers computation, storage, and networking located in a micro-cloud outside the centralized cloud system. This system will speed up communications for global services while also enabling more responsive communications for specific regions. While the distributed cloud system is still in its infancy, businesses should keep an eye on this exciting new technology in 2020.