Industry executives and experts share their predictions for 2021. Read them in this 13th annual VMblog.com series exclusive.
5 digital investments for successful organizations in 2021
By Dustin
Grosse, Chief Marketing and Strategy Officer at Nintex
While the pandemic has impacted different
businesses and industries in myriad ways, one commonality emerged: the need for
digital and productivity improvements across the workplace.
Businesses that had already implemented some
digital workflows were better equipped to handle the shift to remote work,
while those who weren't were left completing years of digital transformation
work in weeks. By continuing to take advantage of new technologies and tools,
businesses will be able to streamline workflows, improve processes and
ultimately arm their employees with the right resources to get work done more
efficiently in 2021. In the next year, business leaders should focus on the
following trends as organizations shift to hybrid and entirely remote
workplaces that offer more flexibility
to their employees.
- Continued
automation and digitization investment: The
pandemic exposed a number of inefficiencies for businesses who delayed
their digitization efforts. Outdated processes caused major setbacks
during the move to remote or hybrid workplaces, but companies relying on
fewer paper-dependent processes had a smoother transition. The City and
County of Denver, for example, invested in automation before the pandemic
hit, enabling them to quickly create a virtual Emergency Operations Center
to comply with social distancing and public health best practices. And
this agility will only set them up for future success.
- The
evolution of mobile technologies: Evolving
mobile technologies like 5G services will enable more agile and responsive
remote workplaces in 2021. Organizations will be able to better equip
their workforce with power-efficient hardware that offers greater
flexibility, improving productivity on the move. For example, construction
companies are leveraging mobile-accessible health check forms for their
employees working on-site. 5G services enhance these mobile capabilities
and once fully implemented, organizations can create more concrete plans
for the future of remote workplaces.
- Increased
cloud adoption: In 2021, cloud services is expected to
grow 18% totaling $305 billion
Additionally, 70% of organizations using cloud services today plan to
increase cloud spending. Cloud working benefits work-from-home staff as it
provides easy access to applications and documents with a connection to
the internet, instead of relying on corporate data centers. As businesses
look for ways to return to the office, there will be an increased use of
hybrid cloud architectures where on-premises IT infrastructures are
augmented by cloud-based alternatives. This is a more cost-effective
alternative that delivers improved efficiency, too.
- Artificial
intelligence (AI) and machine learning (ML): The
development and implementation of AI and ML is currently on the rise
across nearly every industry. Gartner found that 24% of IT
professionals who use AI increased their AI investments during the
pandemic - and this number will continue to grow in 2021. As more
businesses look to improve their processes, they will turn to AI and ML
tools that offer businesses data insights that were previously impossible
to achieve, allowing significant returns on investment.
- Increased
security awareness: Working from home exposed security risks
IT departments were not prepared to handle in 2020. Businesses rushed to
provide employees with remote-capable software that decentralized
cybersecurity. Fifty-three percent
of employees working remotely conduct company business on personal
laptops, and 29% of workers
allow kids and spouses to use their work computers for online games and
shopping. While many companies were able to combat cyberattacks and
inconsistencies in security protocols, 2021 will bring increased
investment in security strategies to further protect valuable information
from attacks.
The next 12 months will be far from a return
to "normal." Companies must accept and embrace remote work as an opportunity to
adjust and adapt for greater process improvement. Technologies including
automation, mobile, cloud, AI/ML and cybersecurity can make these transitions
easier. As organizations consider where to invest in 2021, they will need to
make decisions with the remote employee in mind.
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About the Author
Dustin Grosse has more than 25 years of management, strategy and
go-to-market experience with leading high tech companies at various stages of
growth. He previously worked at Microsoft, DocuSign, McKinsey & Company and
P&G. He holds an MBA from the Yale School of Management.