According to entrepreneur and futurist Peter Diamantis, we’ll see more technological progress in the next ten years than we did in the previous 100. So, what’s next for cloud transformation, and how can AWS customers and partners alike prepare for it?
Adapting to breakneck change, responding to customer demand, and remaining competitive in an increasingly digital-first world will be top priorities for businesses in the near future. And there are already trends and technologies emerging that businesses should take note of. However, this is only half the battle.
In a talent-scarce sector, getting ahead of the curve and developing hiring strategies to attract the talent needed to implement these technologies will be vital for tech leaders. With a punishing skills shortage already impacting the tech space, businesses that don’t start developing a future-proof talent pipeline now risk unfilled seats and untapped potential.
The cost of falling out of step with new technology could be staggering; a recent study by Korn Ferry estimated that the US economy could lose over $160 billion in annual revenues if more tech workers aren’t created by 2030.
Let’s take a look at five of the fastest-rising tech trends set to shape the next ten years of digital transformation, so your business doesn’t miss out.
Five of the fastest-rising tech trends
#1: New security challenges
The number of connected devices making up the Internet of Things is expected to reach 500 billion by 2030. For all its advantages, increased cloud adoption and use also means greater vulnerability to cyber-attacks.
Ransomware in particular remains a leading concern for businesses across all industries; in 2021, cybercriminals took advantage of increasing digital surface area by staging 107% more ransomware attacks than in the previous year.
As tactics become more advanced, organizations are already looking at new ways to tackle this rising threat, including employing intelligent tools like Amazon GuardDuty to detect and block malicious activities before they do any major damage.
Capgemini recently reported two-thirds of businesses believe that AI is a necessity in countering cybersecurity threats, with almost 75% already using or testing AI-led security tools.
#2: The democratization of AI
Artificial Intelligence may not be a new concept, but it’s becoming more widespread than we could’ve imagined just a few years ago. No longer a high-concept hypothetical, AI is more accessible than ever; just look at how many companies employ chatbots on their websites.
As AI is baked into more business solutions like CRM, ERP, and analytical tools, even the most technophobic of organizations will begin to see how easy it is to exploit, and how much value it can bring.
According to forecasts from Gartner, spending on AI software is set to top $62.5bn this year; up 21% since 2021.
Organizations are turning to AI to enhance customer experiences, automate time-consuming administrative tasks, derive more valuable insights from their data, and even to bridge talent shortages in industries where hiring is proving difficult.
AWS already offers countless pre-trained AI services to help businesses with everything from customer engagement to demand forecasting. And as the technology continues to develop, AI-powered experiences will only get more effective, and more human. AI will make analytics more actionable, repetitive tasks less arduous, and achieving customer satisfaction easier; bottom line boosters that businesses can’t afford to sleep on.
#3: Edge computing
Now that the first wave of cloud technology is reaching maturity, we should expect to see multiple advancements that redefine the way businesses use the cloud in the coming years; and edge computing is certainly one of them.
Given the growing need for real-time data analysis, we’re likely to see wider adoption of edge computing as businesses look to increase their agility and performance, without having to rely on running data back and forth to the cloud for processing.
Not only will moving certain operations out to the edge cut latency issues and the associated costs, but it will also give rise to new-breed applications that weren’t previously practical. As the world expands its digital footprint, edge computing also brings greater functionality and performance to areas with limited connectivity, including the moving parts of the global supply chain.
Currently, AWS offers 15 edge-enabling services, giving it the largest global infrastructure footprint of any provider, and makes it a top choice for any business looking to build out its edge computing abilities.
#4: Multicloud
After the events of the last two years, resiliency is top-of-mind for every business leader on the planet. This desire to diversify resources and mitigate potential risk has accelerated the shift toward multicloud strategies. Organizations are seeking to spread their digital eggs across multiple cloud baskets.
Gartner predicts that more than 90% of enterprises will execute a multicloud infrastructure and platform strategy by 2025.
While taking advantage of products and services from more than one cloud vendor does do a lot to boost resiliency, scalability, and the variety of tools at your disposal, adopting a multicloud approach is not without its challenges. Chief among those challenges: the cloud skills gap.
With businesses already struggling to hire the cloud specialists they need to keep their environments running smoothly, adding additional vendors to the pot makes things more difficult. The more cloud environments, each with their own infrastructure and complexities, running within an organization, the harder tech leaders will find it to get the right mix of skills on their cloud teams.
While taking advantage of products and services from more than one cloud vendor does do a lot to boost resiliency, scalability, and the variety of tools at your disposal, adopting a multicloud approach is not without its challenges. Chief among those challenges: the cloud skills gap.
With businesses already struggling to hire the cloud specialists they need to keep their environments running smoothly, adding additional vendors to the pot makes things more difficult. The more cloud environments, each with their own infrastructure and complexities, running within an organization, the harder tech leaders will find it to get the right mix of skills on their cloud teams.
#5: Sustainable talent solutions
With so many potentially impactful technology trends on the horizon, there’s one trend that businesses really need to get behind to future-proof their ongoing digital success—talent creation.
With traditional hiring and education methods failing to create cloud professionals at the rate necessary to meet demand, organizations need to think outside the box when it comes to accessing the talent they need.
Tough challenges call for innovative solutions, which is why we’ve developed a flexible, cost-effective way to deliver AWS talent to our clients fast
At Revolent, we take experienced tech professionals and cross-train them, equipping them with the skills, knowledge, and certifications they need to become valuable AWS specialists.
Whichever emerging technologies you’re looking to utilize in the next few years, we can provide you with the talent you need to implement them. We handle all the upskilling of our Revols at our end, and we can tailor training to match your specific business needs.
"For us, Revolent supports our organization's long-term goals. It takes away a lot of the heavy lifting from the recruitment side of things and enables us to bring in new AWS talent at scale. For other companies similar to us looking to resolve a skills gap within a 12-month period, I'd say Revolent is an excellent path to take."
/ AWS Advanced Services Tier Partner
