If ever there was a decade that announced itself so defiantly in the first year, it’s the 2020s. With so much change and volatility already, 2020 has proven this decade will be dramatically different than the one before it. It’s imperative that IT and business leaders prepare for 10 years unlike any others.
Coronavirus and its impact on the enterprise
This TechRepublic Premium ebook compiles the latest on cancelled conferences, cybersecurity attacks, remote work tips, and the impact this pandemic is having on the tech industry.
For IT and business leaders, success in the 2010s meant capitalizing on innovative commercial IT (think cloud and mobile). As the decade went on, many of those firms began leveraging the same commercial platforms — now looking and feeling very similar to their customers. Forward-thinking organizations began examining how digital differentiation could give them a leg up and then — wham! — 2020 came in with a bang.
In only a few months, business models were flipped on their heads. The coronavirus pandemic, economic downturns, the rise of values-based consumers, and increasing climate issues forced most businesses to pivot to new, mostly digital, models quickly this year.
In case it’s not clear by now: What worked in the 2010s will not work in the 2020s as we see business shift from global toward hyperlocal operations. So what will work?
For starters, every business role must incorporate systemic risk into long-term planning. For future-fit IT leaders, the risks aren’t limited to the data center or network outages. Today’s risks include rapidly changing consumer trends that require digital pivots, increasingly complex security concerns, the ethical use of AI, and the increasing impacts of climate change.
Feeling overwhelmed? Well, the good news is there are a number of emerging technologies that can help your organization identify and address these risks as well as create competitive advantage through disruptive innovation. A few examples include:
Aligning your tech stack to address the highest risks to your organization and pursue the right innovations will be the differentiator for future-fit firms in the 2020s. Here at Forrester, we’re truly practicing what we preach. Specifically, we are:
This post was written by VP, Principal Analyst Brian Hopkins, and it originally appeared here.
Article source: https://www.zdnet.com/article/preparing-for-the-future-the-2020s-will-demand-more-from-your-tech/#ftag=RSSbaffb68