5 Tech Trends to Watch in 2017

Artificial intelligence startups and cloud solutions are going to be huge next year, along with startups in cybersecurity, chatbots, and virtual reality, according to numerous tech experts’ expectations. Read our blog post to learn more about these tech trends that could become big in 2017.


Artificial intelligence and machine learning startups.

artificial_intelligence

During last year, many tech companies invested into startups that could predict things using artificial intelligence (AI). This technology has been developed enough to let smaller companies join the game and take part in the AI revolution.

In the past, only a few companies had access to resources on machine learning and in-house data scientists. But nowadays universities and colleges, and even online educational platforms are launching educational courses on AI’s possibilities and machine learning potential. This educational trend is creating a larger “talents pool” who will help foster innovation much quicker in 2017.

According to the research by Gartner, applied AI and machine learning give rise to numerous tech implementations in 2017, including physical devices (consumer electronics, automated vehicles, robots), as well as apps and devices (smart advisors, virtual assistants).

Digital transformation and cloud services.

cloud-services

According to the research by the company IDC, most IT companies in 2017 will diversify cloud, mobile, big data, analytics and social technologies in order to be competitive on today’s tech market. Early competitive advantages will go to those companies that can keep pace with the emerging digital transformation economy.

The cloud services will be a main topic of digital transformation and it’s expected that by 2020, 67% of all IT organizations’ infrastructure and software will be related to cloud-based technologies. For many companies, cloud solutions will become the main IT concern as a core business operation issue.

Chatbot startups.

chatbot

Chatbots have become a really big thing during the last year. These are the automated services that interact with users through a chat interface in a messenger, social network, etc.

Companies will use more chatbots to reduce costs on customer service, financial service representatives, and similar services. According to the report by the Business Insider, more than 85% of customer interactions will not include a human by 2020, and chatbots will be #1 consumer application of AI during the next five years.

In 2017, many social networks and messengers are expected to open their API and platforms for chatbots integration. Chatbots could change the way people communicate with businesses.

Cybersecurity startups.

cybersecurity

Cybersecurity was frequently in the news in 2016 due to hacking attacks during the presidential elections in the US, Apple’s iOS encryption fight with FBI, continuing publications from Wikileaks, the unexpected popular TV series Mr. Robot and others. Many tech experts expect a continued growth of cybersecurity talks in 2017.

Nowadays, companies are looking to increasing their information security by investing into data security software, tools, hardware and other applications. But still many organizations don’t get enough value from these technologies. So in 2017 and beyond, the role of managed security service providers will increase so they will be able to help organizations to reduce the risk of being hacked.

Augmented reality and virtual reality startups.

virtual-reality

Following Pokemon Go phenomenon in 2016, augmented reality (AR) continues to be on the list of trends to be followed by many tech companies. And virtual reality (VR) also offers exciting potential for enterprises in 2017 and after.

During 2017, most companies are expected to experiment with AR and VR technologies in the marketing initiatives. According to the research, by IDC, AR/VR could reach mass adoption levels by 2021, when more than a billion people worldwide will use apps, content and data through AR/VR platform.

But VR won’t be just a technology for entertainment and games. It could be used to collaborate with in-house employees and remote or outsource workers. Nowadays, companies use more and more outsourcing services and employees, and VR technology is going to help them to meet this goal.

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