In last year’s predictions we discussed the evolving communication & collaboration tools, the increase of cyber security spending and IOB technologies. This year’s predictions reflect the changes rushed in by the pandemic and how businesses can plan ahead.
#1 Businesses will adopt the cloud at the cost of a rushed migration
Many businesses have felt the pressure to adopt cloud services like Microsoft Azure, Microsoft 365 and Unified Communication services to equip employees with tools for communication as a result of the pandemic, and will continue to do so. When rushed, a cloud migration can result in productivity hindering errors and mistakes, particularly around security misconfigurations and permission errors. These mistakes are likely to cause major security breaches and disruption.
#2 The global chip shortage will continue throughout 2022 and into 2023
Earlier in August 2021 we spoke about how the pandemic induced a global chip shortage and how demands have been surging, further causing an increasing number of back-logged orders. Although the shortage was expected to last well into 2022, Forrester now predicts the shortage will continue into 2023.
Many businesses now have their new budgets in place, so if procuring equipment is in your plan, it’s best to purchase as far in advance as possible. Talk to your procurement partner to find out how you can secure the best delivery dates.
#3 There will be more emphasis on company culture
Culture is one of the most important aspects for overall business success, a happy team is a productive team! The pandemic and rapid shift to remote and hybrid working has made it challenging for leaders to offer their employees an effective and engaging workplace experience, particularly around social events and face to face interaction.
Now that we’ve settled into new routines, this year we expect more businesses to prioritise company culture in an effort to reinvigorate levels of traditional collaboration and provide an engaging workplace experience. There will be an emphasis on helping employees to feel better physically connected with each other.. For some organisations that have embraced a remote approach, it will be fundamental to create seamless collaboration opportunities for employees.
Carl Henriksen, OryxAlign CEO
#4 Ransomware will evolve and still be a prevalent cyber attack
Ransomware has been one the most prominent, advancing cyber attack methods over the course of the pandemic. This trend will not only continue, but attacks will be more targeted.
Cyber criminals will make use of more sophisticated means of extortion, similar to APT attacks. This means once cyber criminals gain access to the environment, they will seek to simply exfiltrate data and extort the target by avoiding the encryption phase.
Cyber criminals will also focus on the supply chain to launch further attacks. Whilst ransomware will the motivator, i.e. the monetary spoils, the supply chain will be the means to how attackers can gain access to thousands of victims from various businesses at once.
#5 Cyber security will be a top priority
Over the pandemic we saw a large increase in cyber attacks. As the pandemic continues, cyber attacks are unlikely to slow down. With employees working from home, leaders are facing challenges ensuring employees access data and company resources securely.
The Omnicrom variant has once against caused businesses to advise employees to work from home again. The new year brings new challenges and strategies to consider, and security leaders may need to argue their case for sufficient budget to continue to invest in cyber security.
#6 Edge computing will be trending
Edge computing has been a buzzword for quite some time now, but this year we anticipate that it will live up to its hype. Edge paradigms allow for more computation to be executed where data is collected, and only necessary data moves to the core.
The increase in digitialisation is causing leaders to be more curious about edge computing due to its advantages of lower costs, persevered bandwidth and faster performance and actions. Whilst this trend won’t swiftly pick up and may take the next five years to become mainstream, the conversations are certainly likely to get going.
For more information on the latest trends and how we can help prepare your business, contact our team today.