1: COVID-19 Pushing 5G Forward Faster
· There are 380 Operators currently investing in 5G
· 80 Operators in 35+ countries have already launched commercial 5G services
· 45+ OEMs have launched or announced 5G devices.
2: WiFi 6 — Still Coming Soon
In April, the FCC unanimously voted to open the new band of spectrum to devices that can accommodate it, which means we don’t exactly know how well it will work. The first devices equipped to handle WiFi 6 are expected to rollout later this year. And it can’t come soon enough.
3: Analytics Prove a Competitive Advantage — Still
The need for data to make all business decisions has grown, but this year, we saw data analytics being used in real time to make critical business and life-saving decisions, and I am certain it won’t stop there. I expect massive continued investment from companies into data and analytics capabilities that power faster, leaner and smarter organizations in the wake of 2020’s Global Pandemic and economic strains.
4: AI and Machine Learning – Powering Businesses Through the Pandemic
Massive investment has backed this as we have seen AI infused into more of what we do. Cloud providers like Google, IBM, Microsoft and AWS are pouring investment into offering acceleration in the cloud. Chipmakers like NVIDIA and Intel are building GPUs and CPUs that can boost training and learning from data — and increased drive targeted recommendations and accurate conversational AI. This is also being expanded out to the edge where AI is helping to accommodate the masses of data from IoT.
5: RPA/IPA Will See More Growth Post-COVID
With heavy hitters like Microsoft and Amazon playing in this space and a group of focused challenges in companies like Pega, Automation Anywhere, and UiPath, there is a lot of investment now in seeing software driven automation meet the cloud and accelerate with the help of AI. Reports show a compound annual growth rate of nearly 30 percent for RPA in the forecast period through 2026, but you don’t need to be a data scientist to see that businesses worldwide can only benefit from shifting as much to scale-able robot shoulders as possible now that uncertainty will taint our market for years to come.