1. Cybersecurity mesh and data privacy regulations worldwide
The COVID-19 pandemic is a new reality, taking a toll on the economy as well as companies that switched from office to remote work without any preparation.
Geographically scattered organizations are vulnerable to cyberattacks. Now, a traditional cybersecurity model, “a walled city,” is a no-go. Securing the nodes of an enterprise network is inefficient because most employees work from home.
It’s time for a “cybersecurity mesh”, a new model that revolves around protecting individuals and their points of access, no matter where they’re located.
Homeworking organizations benefit from a cybersecurity mesh – it’s scalable and implies various cybersecurity controls.
Rise of data privacy and data privacy legislations
4.2 billion individuals share their data online; many companies treat data as the new crude oil, aiming at collecting it from different sources.
Data governance is essential for preventing illegal data harvesting and protecting citizens against data abuses.
Take a look at the important worldwide privacy regulations:
California Consumer Privacy Act in California
General Data Protection Regulation in Europe
The General Personal Data Protection Law in Brazil
2. Cloud technology and “as-a-service” trending
If data is the new crude oil, cloud services are the new storage barrels. Distributed cloud services are a part of the “as-a-service” revolution. Working with cloud-based, on-demand platforms is cost-efficient and convenient. Many companies either use or partner with cloud services like Google, Amazon or Microsoft.
The main benefits of cloud services are:
fast and easy deployment & management
high level of data security
unlimited storage bandwidth
Also, cloud technology lets many startups develop a more scalable business, often based on AI, machine learning, robotics etc.
3. Customer -centricity and great customer experience (CX)
The surge in data collection and cloud technology suggest the usage of the data. With big data investment, being customer-centric is easier than ever.
Forward-thinking leaders focus on improving user and customer experience. In the world of information, great customer experience (CX) and protecting users’ data privacy lead to winning loyal customers.
What helps in enhancing customer experience (CX), user experience (UX)?
Broad marketing stack: web & mobile analytics, a CRM platform, attribution modelling, personalization or retargeting
Technical debt reduction: investing in new technologies that allow companies to be more scalable and agile
Investment: AI, chatbots and customer support automation
Omnichannel: including online and offline customer experience
4. Technology stack for the 2021
Businesses must build products that guarantee speed, scalability, and agility. Without it, neither cloud-technology nor great business ideas will help them grow.
Those who strive to become market leaders are not asking, “do we plan to remove the technical debt,” but rather, “when do we start, and in what technology do we invest?” Especially those who aim at developing complex, responsive and efficient solutions.
What are the modern tech stacks for 2021?
MEAN technology stack:
MongoDB (NoSQL DB)
Express.js (backend framework)
Angular.js (frontend framework)
Node.js (open-source cross platform server)
MERN technology stack
This case study is a real-life example of using JS, React and Angular. You can contact us to schedule a free consultation.
5. Satellite internet and a 5G technology revolution
Technology trends also appear in telecommunication.
SpaceX introduced a beta version of a satellite internet called Starlink – a high-speed, low latency broadband internet. With the portable Starlink Kit, users can install it wherever they want.
Starlink is now beta, but in 2020, 5G internet became increasingly popular around the globe., providing its users with great bandwidth, reliability and high download speed.
Many branches worldwide have a new opportunity to develop. Thanks to 5G’s speed and trustworthiness, there is an increase in the development of the Internet of Things (Industry 4.0), transport, augmented reality, or cloud-based gaming.