According to Statista, global spending on digital transformation is expected to grow 20 percent to $ 1.8 trillion in the next year.
Covid-induced market disruptions and the widespread adoption of hybrid work models have accelerated the process. Many companies are more inclined to develop their own technologies to reduce their reliance on third-party vendors and ensure they are less affected in the event of future supply chain disruptions, industry experts said.
“Digital technology initiatives remain a top strategic business priority for companies as they continue to reinvent the future of work … focus on spending to bulletproof their infrastructure and enable increasingly complex hybrid work for employees by 2022,” said Jon- David Lovelock, Research Vice President at Gartner.
Amid the rising budgets for digital transformation and the emergence of the latest innovations, The national deals with the 10 most important technology trends for the coming year.