5 post-COVID technology trends in Asia
Many of the technological advancements that were already happening prior to the epidemic have been optimized due to the COVID-19 outbreak.
As we continue to work with many of our customers in Asia countries, we have identified five significant technology trends that will redefine the regional landscape post-Covid as people shift the way they work, shop, learn, and how they immerse themselves in the digital world.
Asian technology companies will be playing a vital role in this revolution and help various businesses to embrace digital transformation.
- The Great Migration to Online Learning
When the COVID-19 pandemic forced schools across the world to close, online learning goes mainstream in a hurry.
The adoption of remote teaching technologies has become the new norm. In Asia, many schools and universities conducted meetings, classes, discussions, and seminars using applications such as Google, Zoom, and Microsoft Teams.
Today, we can see that some education systems are being reshaped, and digital technology for online learning has become a required investment from the educational institutes, teachers, and even the students.
02. The (Asian) cloud is being unlocked.
The COVID-19 crisis has accelerated the urgency to drive processes remotely and securely. Hence cloud computing has emerged as the driver of business when many businesses started to prioritize corporate resiliency, operational redundancy, and resource flexibility.
By hosting operations in a secure cloud environment, it allows a dispersed team to access and exploit a uniform work platform, and mitigate issues such as sharing sensitive data in unsecured ways that might lead to a costly security crisis.
For example, Microsoft’s cloud platforms including Azure and Dynamics365, have empowered businesses to maintain competitiveness during the critical period.
03. The rise of the data center
The increased use of cloud services, 5G, and IoT (Internet of Things) technology has reinforced the importance of data centers in meeting the rising demands.
To keep the businesses, manufacturing plants, and schools functional during the pandemic, data centers act as the backbone to maintain internet connectivity, manage potential risks and threats to cybersecurity issues, and ensure data backup and recovery.
This helps to facilitate remote working, education, and TV streaming by providing vital infrastructure.
04. Workplace Robotic Process Automation(RPA)
To adapt to the massive disruption in processes due to the unprecedented changes in work and business around the world, we see many companies in Asia from various industries such as admin, HR, logistics, etc, have started trialing automation efforts to keep business going during social distancing.
Some companies have slowly invested in AI technologies as well as automation solutions such as Microsoft Power Apps and Power Automate that can help to integrate and synchronize all data analysis in an automated way to reduce time-consuming and repeatable tasks, enabling better business performance and increasing efficiency.
05. The 5G race’s enablers and more
Mobile networks’ fifth generation is predicted to have a greater impact on the global economy than prior generations.
5G technology promises to alter the way we work, live, and play by providing high speed, low latency, and super connection.
By 2035, 5G technology is expected to contribute more than USD 13 trillion to global GDP, accounting for 5% of global real output and creating 22.3 million employments.
Conclusion
The business environment has evolved into what we have never expected before and technologies are going to transform the way business operates forever.
The agility move to the cloud, digitization, and automation opens up new opportunities for businesses and helps enhance operational efficiency.
Over the next decade, investors, leaders, and business owners will need to be aware of these technology trends to remain competitive in the markets.
While the shifting competitive and regulatory landscape for technology means that investors must be selective within the industry, investors would be hard-pressed to overlook Asia given its competitive advantage and growth potential in many of these applications.
Give us a call today and let’s have a brainstorming session with you and see how we can better help you transform your business.
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