We cannot deny that information technology (IT) has been essential to our existence and growth over the past two decades; how much it has made lives easier, helped revolutionize industries and changed models of operations. This is why we unconsciously look for regular reviews of our expectations of the IT industry — how they will change the health, finance and even hospitality sectors.
The IT industry has received a renewed boost since the COVID-19 pandemic began. How IT-centric companies and businesses could function — although not fully — and survive the onslaught caught the eye of everyone. The once mythical remote work system became a reality and had, unlike the popular prediction, remarkably increased productivity.
However, working from home increased the possibility of data theft and hacks. One question remains: What are the possible consulting trends that will unfold in the IT industry?
More Businesses Will Adopt AI Technology
More businesses are reaping the optimization and automation benefits of digitalizing their supply chain frameworks. AI can be used to track and predict the delivery time for shipping businesses, which helps them serve customers better by providing more accurate information. Unlike traditional systems, companies can plan ahead while considering projected risks and prices. This will enable companies to maintain or grow profit margins consistently.
Many entrepreneurs are becoming more aware of the capabilities of AI. They are seeking digital solutions to their supply and production problems. This means that AI could be the bare minimum expectation for businesses requiring technology to run in the future. IT consultant in Denver must equip themselves with knowledge about ethically deploying and using the technology.
Increased Implementation of IoT Technology
The Internet of Things has grown out of the buzzword category many have placed it in for years. It is slowly growing into a must-have for any manufacturing company. A large number of manufacturing companies have plans to invest in IoT because of the phenomenal results the technology is capable of achieving.
Can companies hold out on executing a systemwide integration of IoT technology? It is nearly impossible at this point, considering the 10 billion+ devices operating on the technology as of 2021. As profitability is frequently dependent on customer accessibility and device interoperability, IoT will become one of the main focuses of the next decade. Ways that integrating with IoT can be helpful include predictive maintenance, increased resource utilization, remote monitoring and autonomous production facilities.
Need for Higher Cloud Capacity and Edge Computing
AI and IoT technology takes tons of storage capacity for optimum function. While utilizing hardware processors and storage facilities is an option, cloud storage and edge computing is the globally recommended choice. This is because hardware storage is inefficient, and the presence of a physical location is disadvantageous to operations running smoothly. The increased migration of companies from physical to digital workspaces has also driven up the demand for cloud-based services.
Migrating cloud storage and computing to the cloud is capital- and workforce-intensive. As a result, only expert consulting firms and reputable IT professionals can handle the demands of these businesses. Firms that can handle the financial obligations of having in-house professionals are yet to find one or cannot trust their staff with technical tasks. IT consulting firms should be prepared to answer to more training demands.
Hybrid Work Models
Hybrid work models are a mixture of both remote and traditional work models, in which employees show up at the office on some days and work from home on other days. This has recently become the favored work model because companies’ hiring decisions are no longer geography bound. And that includes hiring consulting firms.
To stay ahead of the curve, IT consultants should adopt systems that cater to remote and in-person consultations and service provisions because those who become unreachable will go out of demand. Service delivery must be specific to the problem and the company to be considered effective. The bare minimum digital presence will no longer be rewarded as before; more immersive and interactive solutions like virtual and augmented realities will be the new standard.
More Talent Poaching Scenarios
The IT industry is growing rapidly, and with this growth comes an increase in the demand for IT talents. Competent IT professionals who are willing to take full-time positions are rare, pricey and like every “commodity” out there, available to the highest bidder. Because of this, you must be ready to compete with big-budget companies and organizations interested in your most valuable employees.
Wages are not the only factor that talents use to determine the most viable employment opportunity. Studies have shown that most workers prefer remote and hybrid work models to traditional ones. Therefore, consultancy firms will have to create more suitable working conditions to remain atop the pile of globally attractive companies and attract clients and talents to help them navigate the spontaneous business climate.
Demand for Adaptable Service Delivery
The beauty of the IT industry is the ease with which power can be decentralized, even with uneven marketing and operating budgets — and that is very true for the IT consulting industry. Smaller consulting firms are now competing with the more renowned firms by targeting the one area clients worry about the most: pricing. Consulting firms must adapt to the growing trends and technology with matching pricing and solution delivery models.
Build With Resilient Managed Computer Services Today
Not building future-proof products can result in financial losses and sometimes cause you to lose clients. Hire the most experienced IT consultants and service providers to stay ahead of the curve. Distance is not a barrier at Resilient Managed Computer Services, Denver’s leading IT consulting firm. We will help you navigate your emergency or cybersecurity problems in record time. Contact us today at 303-371-7214 to learn more.