Business Trends To Know About In 2020 Charles Hitechew
Each year businesses reevaluate goals and priorities to stay on top of current technological and social changes. What every manager should know is that change is accelerating, which affects consumer and B2B demands. Here are ten key trends emerging for businesses in 2020.
More Focus On Robots Robots are still limited compared with classic sci-fi portrayals in novels and movies, but they're getting more sophisticated every year. Look for continued adoption of AI machine learning tools that speed up redundant tasks.
More Do-ItYourself Jobs Do-It-Yourself jobs and cloud computing empower entrepreneurs to enter markets without hiring employees. Young college grads who find it difficult to land a job in the competitive corporate world have found that it is easier to pursue something in this field.
More Efficient Data Transmission
IoT is paving the way for bigger data collection, which means companies will need to make data transmission faster and more efficient. One solution is SD-WAN, which increases bandwidth and network flexibility while reducing costs.
Greater Corporate Social Responsibility Large companies are starting to release corporate social responsibility (CSR) reports to stakeholders and the public to show concern for the community beyond profits. These reports showcase sustainability and workplace diversity.
3D Printers Manufacturers and designers are turning to 3D printing as a viable solution to creating new prototypes and products quickly and efficiently.
Bring-Your-Own-Device Expansion The bring-your-own-device (BYOD) concept keeps growing because it helps companies cut costs on hardware and training, while employees feel more comfortable working with familiar devices.
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