Major tech trends for 2022 include hyperscale computing which allows businesses to leverage existing cloud platforms like AWS or Azure to process large volumes of data. Data sharing is also increasing as organizations leverage both internal and external data through technologies like homomorphic encryption and differential privacy. Blockchain and distributed ledger technology are expanding beyond cryptocurrencies to applications like managing assets, facilitating collaboration, and powering supply chains. Automation at scale through engineering and self-service platforms allows organizations to streamline processes and improve customer experiences. Cyber AI helps combat increasingly sophisticated cyberattacks by enabling faster response times and anomaly detection. The metaverse is set to disrupt technologies and user experiences through applications beyond gaming and entertainment. Device governance and recruiting the right talent are also important for

1. Major Tech Trends
For 2022

2. Introduction
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As we navigate our way through the ‘next normal’, technology has
the potential to drive us towards a better future. Companies
around the world are automating repetitive tasks, tackling
innovative projects with powerful tech tools and utilizing data to
deliver superior products and experiences. Let’s look at some of
the major tech trends that are dominating 2022 and empowering
businesses to create value.

3. Hyperscale Computing
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Businesses around the world are generating and consuming large
volumes of data at impressive speeds. Though becoming a hyperscaler
to handle a gamut of data is an extremely expensive undertaking,
companies can leverage the capacities of existing hyperscalers like like
AWS or Azure to process data and automate processes. Hyperscale
computing involves the creation of cloud-native architectures using
complex technologies. Hyperscalers and SaaS providers are working on
making adoption easier for businesses with modular solutions. These
will accelerate app development and enable companies to focus their
resources on strategic business functions and competitive
differentiation.

4. Data Sharing
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Organizations are not only utilizing their own data but also increasingly
leveraging data from external sources to derive insights and support
business decisions. This data helps them in realizing more data-driven
opportunities with a better worldview. Traditionally security and
privacy concerns had made external data difficult to obtain and
consume. Powerful data-sharing and privacy-preserving technologies
are making it possible to democratize data like never before. Fully
Homomorphic Encryption (FHE) and Differential Privacy are some of
the technologies that are opening up new possibilities by enabling data
sharing while also creating avenues of data monetization.

5. Blockchain and DLT
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The scope of blockchain and distributed ledger technology (DLT)
has evolved beyond cryptocurrencies and NFTs (Non-Fungible
Tokens). Enterprises are now expanding their portfolios and
creating new income streams with creative uses of this
technology for managing tangible and digital assets. Blockchain
and DLT also allow sharing of information across entities
seamlessly and transparently facilitating collaboration and
transactions. The applications of these technologies are endless,
including identity management, supply chain, logistics, banking
and trade.

6. Automation at Scale
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Today's businesses are subjected to technological complexity and higher
customer expectations. Demands for business continuity and extended
availability have led CIOs to reengineer their IT processes and automate
repetitive and manual processes at scale. A combination of engineering,
automation and self-service platforms has enabled faster time-to-market
and enabled organizations to streamline their processes. Automation at
scale has gained importance but still remains an underutilized concept.
Companies are increasingly turning to automation to manage complex
systems, handle repetitive tasks and improve customer experiences to
make their businesses more resilient.

7. Cyber AI
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The growing use of digital systems has also led to a rise in cyberattacks.
These threats are also becoming more complex and difficult to detect.
Combating these issues is a priority for businesses as they risk losing
sensitive data and facing operational hurdles. Cyber AI not only helps
organizations respond to attacks faster but can also be critical in
identifying anomalies to detect and prevent threats before a breach
happens. This makes a business more resilient and proactive in terms of
its security posture so that valuable resources can be protected even
against sophisticated or AI-powered attacks.

8. Metaverse
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The alternate reality of the metaverse has taken the world by storm and is
finding applications other than gaming and entertainment. There is a lot of
excitement as well as skepticism around the implications of this technology.
Nevertheless, the metaverse is set to disrupt the technological landscape
and reshape user experiences and businesses. Industries like banking and
finance are already exploring how the metaverse can help them create more
unique customer engagements and be a differentiator in competitive
markets. First movers in the metaverse will also be the ones to have an
impact on setting standards and creating a responsible metaverse.
Companies set to make decisive technological investments will be able to
get ahead, starting by prioritizing digital transformation.

9. Physical Tech Stack and Device Governance
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Smart devices are everywhere and are impacting all aspects of our lives.
In this increasingly connected world, the scope of IT in business is
growing beyond laptops and smartphones. Devices like IoT-enabled
factory equipment, automated robots, drones, etc. are a critical part of
business and are new to many organizations. CIOs are now considering
ways to onboard, manage, maintain and secure these devices efficiently
to ensure system uptime and resilience. Device Governance plays a vital
role in this regard to establish standards, guidelines and ethical grounds.
Companies are also looking at recruiting the right technology talent to
manage technical complexities and reskill their current workforce to
utilize these smart devices to their best potential.

10. Contact Us
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Email: info@openteqgroup.com
Mobile: +91 7032254999 (India) +1-602 806 4634 (US & Canada)

11. Thank You!
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