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Countries are striving to grow their economies, and businesses their revenue. Holding the thoughts about nations currently, businesses are the focus of this article. In the recent past, a few technologies have grown to immense popularity owing to its effectiveness on the ROI (Return On Investment). Brands are utilizing many such technologies that are going to generate more profits down the road. Read more on https://bit.ly/2W4NkvX
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Top 10 Technology TrendsOf 2020 You Need To GetAlong Countries are striving to grow their economies, and businesses their revenue. Holding the thoughts about nations currently, businesses are the focus of thisarticle. In the recent past, a few technologies have grown to immense popularity owing to its effectiveness on the ROI (Return OnInvestment).
Brands are utilizing many such technologies that are going to generate more profits down theroad. Do you know some ofthem? If not, I must let you know that in this highly competitive market environment, it has become crucially important to stay updated about the latest happenings around theworld. If your business lacks in certain aspects, it is likely to be outperformed by yourcompetitors. Have you ever wondered why you have rivals in yourbusinesses? Perhaps there is always a brand better out there who has implemented effective strategies to increase their customerbase. Brands AndCustomers In today’s world having a first-rated brand has become more crucial to attract and engage more customers with yourofferings. Tech implementation plays a key role in achieving thisgoal. With the increasing demand from customers, your business should begin to reinvest in trending technologies that have already been adopted by some of the topcompanies. The questions arise- How To Determine The Tech To InvestIn?
How do you know which technology is worth investing in? How likely is that to dominate in this year or even in thenext? How will you come to know if it makes more sense to pay attention to the Internet Of Thingsor Artificial Intelligence? Or, something completely different from thesetwo? Of course, there are lots of questions to find answersfor. In this piece of content, we have included numbers-rich informative information with a key takeaway to help you have a clear understanding of the top technology trends of2020. Before you start acquiring the knowledge, I must inform you that SFWPExperts is the award-winningweb design Los Angeles company having 100+ happy customers around the world. From seasoned designers and developers to expert SEO professionals, they have all to offer result-oriented services to clients. You can have a closer look at their talent by availing services such as business website design and development, mobile app and software development, conversion rate optimization,SEO, PPC, and onlinemarketing. With that out of the way, let’s move on to the center of discussion - technology trends of 2020 you need tofollow. 10 Best Technology Trends of2020 1. ArtificialIntelligence There is no difficult answer to this question, but basically, AI or so-called Artificial Intelligence is the theory and development of computer systems thatenablethemachinesordevicestoperformtasksgenerallyrequiring
human intelligence. It includes speech recognition, visual perception, decision-making and so muchmore. • What StatisticsSays? • As the calculation sests, worldwide spending on AI is about to reach $46 billion in 2020 as compared to $35.8 billion in2019. • Points To Give AttentionTo • 84% of businesses say AI will enable them to have the edge over their competitors. • 75% of companies believe AI will power their nextprojects. • 80% of tech leaders predict to have an increase in their productivity and job opportunities withAI. • Takeaway • Technology analysts anticipate the more usage of AI in various industries like Media, Government, Education and many more to address the issues of capital and labor. Not just that, AI will not only boost our productivity but also transform the ways of our growthcreation. • 2. Augmented Reality And Virtual Reality(AR/VR) • Augmented reality refers to the practice of adding digital elements to live visual experience using the camera of mobile phones. For instance - Snapchatlenses. • Virtual reality is all about a complete immersion experience in the digital world using a three-dimensional image or environment that shuts out the physicalworld.Itenablespeopletointeractwiththingsinarealwayusing
special electronic equipment. For instance, a helmet with a screen inside fitted with a fewsensors. • What StatisticsSays? • As per an estimation, worldwide spending on augmented reality and virtual reality is expected to reach $18.8 billion in 2020, given that it was $10.5 billion in2019. • Points To Give AttentionTo • By 2020, the worldwide users of AR/VR powered video games is going to be 70 million and 216 million by2025. • 32% of the retailers are expecting to add AR/VR in the next three years in order to get their customers improved productexperience. • With 70% of consumers assured of their benefits, AR paired with IoT is going to receive a lot ofattention. • Takeaway • Around 50% of customers will possibly make a purchase at retail outlets that offer AR/VR. If you are among 32% of the retailers incorporating AR/VR to your business, there is a higher chance that your sales will grow in the nearfuture. • However, there is another way as well to grow your sales, connect with our Los Angeles web design company as soon as you get time. We have SEO professionals, design experts and experienced developers who work collaboratively on client’s projects to achieve the goal they want. To be specific about the services, we offer WordPress web design and development, custom plugin development, content writing, content marketing, search engine optimization, pay per click advertising and so forth.
3. Progressive Web Apps(PWA) • A progressive web app is a type of application software that utilizes latest technologies to bring together the functionality of web and mobile apps. To put it simply, it is a website developed using latest technologies but works like an app. Users install the web apps on their home screen and get push notifications. The goods news is that it works evenoffline. • What StatisticsSays? • Businesses who used progressive apps have reported higher user engagement & conversion rates and also a reduction in their page load time. Speaking specifically, Trivago’s user engagement increased by 150%, AliExpress’s conversion rate jumped by 104%, and Tinder’s load time decreased by60%. • Looking at these examples, ROI of businesses is expected to get a boost in 2020 using progressive webapps. • Points To Give AttentionTo • The average bounce rate of a PWA is quite lower than a mobile website i.e.,42.86%. • Mobile sessions on PWAs have increased drastically by nearly 80% on an average. • Brands using progressive web apps have observed that their page views have risen by around134%. • Takeaway • In the years to come, progressive web apps will replace 50% of all customer-oriented apps and will have an impact on KPIs (Key Performance Indicators) and ROIs (Return On Investment) in a positiveway.
4. Programming LanguageTrends • Some of the most popular programming languages in 2019 have been JavaScript, Rust, Python,jQuery. • What StatisticsSays? • Most commonly used programming language in 2019 - JavaScript (67.8%). • Most loved programming language of 2019 - Rust(83.5%). • Fastest growing PL of 2019 -Python • Heavily used web framework (2019) - jQuery (48.7%) Takeaway • Python could either become a leading programming language or be overtaken Java by the end of2020. • Popular programming languages more so, JavaScript and Java will get the same number of visitors in countries with high income in2020. • If you want to build a mobile app for your business in 2020, work with the cutting-edge Los Angeles web design company - SFWPExperts. We will design a user-friendly and intuitive mobile app for you that users will take interest in the most. You don’t even have to worry about the support and maintenance part because we will definitely look into it. A slew of the result-oriented services you can approach us for - professional web design and de,velopment, web hosting and redesign, logo design, icon design, email marketing, online advertising and promotion and on andon. • 5. 5GNetwork
5G is defined as the fifth generation of wireless communication technologies that supports the cellular data network translating into higher internet speeds. Lthe arge-scale adoption of this particular technology was initiated in the year 2019 and today it has become so popular that every telecommunication service provider in the developed countries started upgrading their previousinfrastructure. • What StatisticsSays? • Worldwide spending on the 5G mobile infrastructure is anticipated toreach • $2.3 billion by 2021, which was $0.06 billion in 2019. Points To Give AttentionTo • 7% CSPs (Communication Service Providers) in the world have already upgraded their infrastructure to 5Gnetwork. • Therevenuefor5Gnetworkinfrastructureworldwideisabouttoreach • $4.2 billion in 2020 - a humongous 89% increase from2019. • Most likely there will be 340 million 5G connections in 2021 and by 2025 it would become as many as 2.7billion. • Takeaway • Taking these figures into consideration, software developers can create strategies early on to redefine their business model using 5Gnetwork. • 6. Business Intelligence(BI) • Business intelligence is a type of study including a set of strategies and technologies used by enterprises to analyse business data. This technology is helpful in providing current, historical and predictive views of businessoperations. • What StatisticsSays?
Expectedly, the global market of business intelligence to reach $29.48 billion by 2022, increasing its mark from $15.64 billion in2016. • Points To Give AttentionTo • By 2020, 90% of bigger enterprises will earn from Data-as-a-service (DAAS). • By 2020, the employment opportunities for BI will increase up to 2.72 billionopenings. • 64% business leaders say Self Service BI (SSBI) has proven to be beneficial for them and it is capable of replacing other traditional BItools. • Takeaway • Compared to other apps, BI tools have the potential to generate more revenue and aid in improving the profitmargin. • There is an alternative way as well to increase your business revenue. To know that just get ahold of our Los Angeles web design company. We are rather active in the IT and marketing sector. You can always communicate with us to get professional help such as artistic web design, web development, landing page design and development, website analysis and redesign, search engine optimization, pay per click advertising, andothers. • 7. EdgeComputing • Edge computing isn’t that technical to understand, but basically, it is a distributed computing paradigm that is focused on improving the response time and saving bandwidth by bringing computation and data storage closer to the requestedlocation. • What StatisticsSays?
By 20222, 40% of enterprises will increase their IT asset spending by twice in the edgelocations. • Points To Give AttentionTo • The edge computing market to grow by at least 50% in the year2020. • Edgecomputingrevenuesaresettoincreaseto$6.7billionin2022from • $2.8 billion in2019. • Researchers have expected that more than $700 billion in cumulative CAPEX will be spent on Edge IT infrastructure and data center facilities in the next 10years. • Takeaway • 57% of the people in mobility said they will implement edge computing in the upcoming year. This shows how much it is significant, being an emerging technology in the digitalworld. • 8. BigData • Big data is a term that describes the large amount of structured and unstructured data which can be analyzed for insights, eventually resulting in better decision making and strategic businessactions. • What StatisticsSays? • The worldwide revenue through Big Data implementation will slightly increase from $42 billion in 2019 to $49 billion in2020. • Points To Give AttentionTo
18% growth in revenue is anticipated to occur by the adoption of Big Data in the bankingsector. • 43% of organizations are making changes to their structure to take the advantage of BigData. • 2020 will see an increase in job opportunities for data science and analytics up to 2.7 millionopenings. • Takeaway • Around 79% of company’s executives believe that their position and reputation in the market will be at risk if Big Data won’t be integrated into theirbusiness. • If you also want to have the edge over your competitors in terms of sales or profits, exchange a few words with us and we will definitely be up to provide you a perfect solution. Our Los Angeles web design company has contributed to the expansion of hundreds of businesses that were aspiring to be big. You can approach us for a wide array of services including eCommerce web design and development, UI and UX design, online advertising and promotion, content writing, content marketing, and internet marketing. • 9. Internet of Things(IoT) • Internet of Things is one of the fastest emerging technologies in which different yet interrelated computing devices are connected with each other to transfer data over a network without the need of humanintervention. • What StatisticsSays? • The worldwide investment in IoT hardware and software to reachfrom • $0.72 trillion in 2019 to $1.1 trillion in2023.
Points To Give AttentionTo • By 2020, the IoT market will grow to 24 billion devicesglobally. • By 2021, 80% of retailers will use IoT to customize the experience of store visits. • By 2021, the spending on smart city technology will reach a mark of $135 billion. • Takeaway • To align IoT with the strategies of your enterprise, experts highly recommend identifying and analyzing the needs of your businessfirst. • 10.Blockchain • Blockchain consists of two words - block and chain - in which block refers to digital information and chain refers to public database. It is a technology that describes the storage of digital information in a publicdatabase. • What StatisticsSays? • By 2022, the worldwide investment in Blockchain solutions will hit a markof • $12.4 billion from $2.3 billion in2019. • Points To Give AttentionTo • In 2020, the global Blockchain revenue will see an increase with the massive growth of approximately $3.9billion. • By 2020, 77% of financial organizations will adopt Blockchaintechnology. • The banking sector will fetch $1 billion of business value by 2020 using Blockchain-basedcryptocurrencies. • Takeaway
Considering the details just discussed, Blockchain will generate considerable revenue for many industries, however, it is yet to be compatible for them due to technical issues such as poor scalability and interoperability. End Note On Technology Trends Of2020 Up until this moment, you got to know about top technology trends that will rule in 2020. Since technology advancement has brought many conveniences at our disposal, it’s time to take the advantage as much as possible. Keeping your business updated with new technologies doesn’t only mean to grow your ROI but also have a leg up on yourcompetitors. Now that you know why it’s important to implement the trending technologies in your business, you must do it right away. In case you face any issue while acquiring more customers, interact with us for effective solutions. SFWPExperts is widely known as the customer-driven Wordpress website design companythat caters to clients worldwide. Needless to say, we can help you with modern web design and development, social media management, SEO, PPC, and a lotmore. ContactDetails: 213-277-9177 la@sfwpexperts.com Wordpress Developer Visit Reference ProfileWebsites: https://bit.ly/2W1UMs0
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