The year 2019 witnessed many disruptive technologies emerge and make headlines worldwide. Technologies like Artificial Intelligence, Machine Learning, Cloud, Blockchain and many more became the brainstorming topics of discussion for boardrooms, where as 5G was the showstopper the whole year. These technologies will continue to impact businesses in 2020 and will certainly become integral parts of companies' plans to lead in the future.
Ashis Guha, CEO - RAH Infotech comments about the technology trends that are likely to bring significant innovation and growth in 2020 and in the years to come.
"The year 2019 saw a huge technological impact on the IT industry. From Blockchain to Virtual Reality (VR) & Augmented Reality (AR), businesses were focused on a wide variety of new technologies to gain the upper hand in the competitive market. But, it is important for us to know which of these trends have a lasting impact on our digital economy and overall business. Some of the technologies that 2020 will see are mentioned below -
5G networks will continue to be the talk of the town. As we look forward to 2020, wireless technology will be accelerated to its highest potential. Just as 4G networks led to the ubiquity of smartphones a few years ago, 5G will spur massive deployments of emerging technologies such as Internet of Things (IoT), Artificial intelligence (AI) and Machine Learning (ML), facilitating use cases across industries such as the public sector, especially the smart cities, healthcare, automotive, retail, manufacturing, agriculture, and many more.
Cloud Computing has seen incredible growth over the past few years and it has become a mainstream now. However, the features such as improved organizational flexibility, efficiency, and performance, avoidance of vendor lock-in are now encouraging businesses to go multi-cloud. NASSCOM estimates the size of the Indian cloud computing market to almost triple by 2022, at a CAGR of 30% to touch $7.1 billion. Industries watch out, Cloud Computing is here to stay.
A recent report by PwC-DSCI says India's cybersecurity market to touch USD 3 billion by 2022. Also, with PDP getting cabinet nod, Cybersecurity and Compliance will remain as a hot discussion topic in Indian boardrooms. Imagine a world, where everything is interconnected is not a dream anymore. Technologies like 5G, AI, ML, are making this a reality. By creating a connected ecosystem, we will also see cybercriminals to come up with a different approach or strategy to take advantage. When we have so many devices, networks, connected, we would require a unified view around the clock to ensure there are no security loopholes.
Businesses will look for several technologies that are best fit & addresses all key goals of smart nation or business for that matter."
As per Scott Caveza, Research Engineering Manager, Tenable in 2020 ransomware attacks will not only increase, but the potential damage may extend to the physical world.
Ransomware dominated headlines in 2019, with reports of various organisations impacted. Of particular concern is the number of healthcare providers and hospitals that were affected. For instance, Druid City Hospital (DCH) Health Systems had to turn all non-critical patients away from the hospital following a ransomware attack in October 2019.
It's easy to imagine a plausible scenario where a cyber-attack impacts patient care and safety. For illustration, a care provider who cannot access patient records due to a ransomware infection, or other form of malware, could be forced to cancel tests and medical procedures for all but the most critical patients.
With more cases of ransomware being reported in 2019, a trend we expect to continue into 2020, the concern is that ransomware infections could have greater links of physical harm to innocent bystanders.”
