With a USD 4000+billion market forecast by 2030, digital transformation is no longer optional. Businesses are diving headfirst, doubling down on tech to stay ahead of the curve.
Time to double down on your DX strategies or get left behind!
Here are 5 digital transformation trends to look out for in 2024:
1️⃣ Generative AI: Generative AI is evolving, and by 2026, 80% of enterprises will rock GenAI-enabled applications, driving personalized marketing and creative content.
2️⃣ Cloud Services: Cloud services are soaring, offering agility, security, and a platform to launch your digital rockets. More than 50% of enterprises are set to embrace industry cloud platforms by 2027.
3️⃣ Data Analytics: Big data analytics is the game-changer. It’s not just about data; it’s about turning it into actionable insights. Expect a surge in data analytics services to reshape strategies, boost efficiency, and delight customers.
4️⃣ IoT (Internet of Things): IoT isn’t just a buzzword. By 2025, the IoT sensors market is slated to hit around 43 billion, bringing efficiency across industries, from retail to healthcare and manufacturing.
5️⃣ Quantum computing: It’s like the superhero version of regular computers, thanks to its quantum bits (qubits) that handle tough tasks faster. They are set to revolutionize industries like drug discovery, materials science, financial modeling, and AI by 2024.
How are you going to upgrade your business in 2024?
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