Pandemic Legacy — Future Technological Trends in Company’s Development

Psoted on: August 20, 2021 at 8:17 am, in

There is no doubt that the years 2020 & 2021 will be etched in the memory of modern people for a long time. The entire business world was literally paralyzed by the pandemic and it was a frightening and eye-opening experience for business owners. The only thing that allowed a few companies to keep moving forward was the creative use of available modern technologies. 

The consequences of the coronavirus outbreak and its rapid spread around the world will be felt by entrepreneurs for a long time to come. The fight against Covid-19 is not over and it is too early to make an exhaustive analysis of its impact on modern business trends, but it is already clear what direction these trends will take shortly. 

The top global tech trends of the nearest future can be divided into 2 subgroups:  

  • Leveling the importance of the location of business partners;  
  • Developing clear mechanisms to withstand negative changes and market volatility.  

As the famous saying goes, “informed is armed. Read the material below to “arm yourself” with the essential knowledge about the most relevant global technology trends. 

Location of Businesses Won’t Be an Issue Soon 

The subgroup under discussion includes the following tech trends:  

  • Distributed Cloud 

The dispersed cloud will be the next level of development for public clouds. In essence, it is the location of public cloud services outside the provider’s physical data centers, while still being controlled by the provider. The shift from a centralized public cloud to a shared public cloud ushers in a new era of cloud computing. This technology eliminates the importance of data centers’ location, solves technical and regulatory issues. 

  • The availability of businesses both online and physically  

This trend will play a critical role in which companies will be able to overcome the post-Covid crisis and continue to operate successfully. Essentially, this pattern allows businesses to function online and offline. With the total digitalization progressing rapidly, the line between those operations that can be done remotely and face-to-face will be erased for good. Businesses should adapt their products so that they can be reached both online and in-person to keep the lights on in the nearest future. Clevver is ”catching the wave” and supports remote company formation in more than 20 locations worldly. Stay in tech trend — be Clevver. 

  • Cybersecurity net  

The cybersecurity net is a decentralized concept aimed at protecting the identity of a remote corporate network user. It is one of the top technology trends that is currently evolving rapidly. This approach ensures that only authorized users (or systems) have access to the corporate system, whether they are local or cloud-based. The cybersecurity net should help IT managers with the resource protection from each access point while keeping an intruder out of the system. 

Building Resilience to Negative Changes — the Key to Business Prosperity  

  • Intelligent Composite Business  

Intelligent Compound Business implies that applications and packaged business capabilities must be treated as separate building blocks of functionality, accessible through APIs. They can be developed in-house or provided by vendors, and the new framework will combine the business capabilities of individual packages and databases. This approach will allow companies to reconfigure their business quickly.  

In summary, the Intelligent Combined Business is a business that can modify and essentially rebuild itself depending on the current situation.  

  • AI engineering  

Artificial intelligence projects often meet support, scalability, and management challenges that make them complex and difficult to execute for most average companies.  

Artificial Intelligence Engineering, in its turn, offers the way in which AI is already part of the development process rather than a set of unrelated projects. It integrates different disciplines, thereby providing a more apparent way to profitability combining multiple AI techniques use.   

  • Hyper automation  

The idea of Hyperautomation is the total automation of all possible processes within the company. It should be carried out by organizations with outdated business processes which create costly problems.  

Numerous businesses are maintained by a “bunch” of either not optimized or connected technologies. At the same time, the dispatch of the business requires efficiency and customization. Companies that don’t focus on digital effectiveness and business coordination will be left behind in subsequent years.  

Conclusion 

Modern businesses have always needed to keep up with the times and current tech trends to remain profitable. The pandemic has shown that technology, as never before, is playing a decisive role in who can stay in business. That’s why, as the global economy slowly recovers from the devastating effects of Covid-19, business owners need to keep a close eye on technology trends and make the necessary changes in their companies to be successful. Clevver is there for you for this purpose. We offer virtual offices (Digital Mailboxes) as well as assistance in remote company formations worldwide. Check out our website to find out more about our products.

DISCLOSURE NOTICE: Any legal or tax advice in this communication (including any attachments) is for information purposes only and is not intended to be used, and cannot be used against Clevver or its Sender. The sender is neither an Accountant nor a Lawyer and cannot be made liable. Please, contact your tax accountant for individual consultation. Clevver does not provide any legal advice itself. Clevver works together with a network of lawyers and tax advisors that provide all necessary individual legal advice.


Essential Global Tech Trends in 2021-2025 Review

Psoted on: May 11, 2021 at 6:48 am, in

Overview:

  • The next five years will be marked by the widespread development and implementation of numerous global technological trends. 
  • Blockchain and cryptocurrencies, AI, satellite internet and 5G, green technologies, autonomous cars, and CRISPR/Cas9 are predicted to be the most discussed and practiced technologies in 2021-2025. 
  • Clevver is always in step with the times, we are a digitalized platform and with us, you can get quality remote services for business online while not putting your health at risk. 

One of the key straws that kept the global economy afloat in 2020 was the overall digitalization and technological support for business, and no matter how much turmoil the world experienced last year due to the pandemic, the next five years (2021-2025) offer hope that the global economy will recover sooner through modern technology. So, what technologies will be trending globally between 2021 and 2025? 

Blockchain and Cryptocurrencies 

As many know, Blockchain is a distributed system for storing records that can be accessed by anyone on the network. The records entering the system form so-called blocks, which, in turn, are linked together into a single chain. Hence the name — Blockchain. 

Now, more and more companies are starting to work with Blockchain, a technology that can reshape human economic activity as it is a better, safer way to record the activity and keep data fresh while maintaining a record of its history. The data can’t be corrupted by anyone or accidentally deleted, and you benefit from both a historical trail of data, plus an instantly up-to-date record.  

Although Blockchain has been on the market for several years already, it is only at the beginning of its global popularization. And in 2021, its use in different spheres of life is expected to increase rapidly. 

Cryptocurrency 

Blockchain technology is widely used when dealing with cryptocurrencies. The latter is a digital form of money that is used as a medium of exchange within a distributed network of users. Unlike traditional banking systems, these transactions are tracked through a public digital ledger (blockchain) and can occur directly between participants without the need for third-party intermediaries. 

“Crypto” refers to cryptographic methods that are used to protect the economic system and ensure the smooth creation of new cryptocurrency units and transaction verification. This technology has been booming in recent years and will only grow in 2021-2023. 

Though Bitcoin is the most hyped cryptocurrency (it has a price of over 54.000 USD per one Bitcoin, as of April 2021), many others also enjoy immense popularity. Among them are Ripple, Litecoin, Monero, Polcadot, Tether, and many more. 

In business circles, where cryptocurrencies (of which there are already more than 4,000) are taken seriously, there is the concept of Initial Coin Offering (ICO) — a way to raise initial capital using cryptocurrency, it is analogous to IPO in the stock exchange market. 

Several countries have more loyal and favorable conditions for ICOs nowadays and Clevver offers assistance with the remote company incorporation in the following ones: Singapore, Estonia, Cyprus, Australia, the United States, and the United Kingdom.

Artificial Intelligence and Machine Learning 

Artificial intelligence and machine learning are a hot topic for discussion in 2021 — these technologies have applications everywhere from quantum computers and medical diagnostic systems to consumer electronics and smart personal assistants. 

The major global AI trends of this year will be: 

  • Hyper-automation (AI, ML models, and “deep learning” using “training” algorithms and data generated by an automated system will be able to automatically respond to and make necessary alterations to ever-changing business processes and requirements).
  • AI engineering (it will improve the performance, scalability, interpretability, and reliability of AI models, ensuring a full return on investment in AI). 
  • Cybersecurity (AI and machine learning technologies can help identify threats, including new modifications of already known ones). 

Satellite Internet and 5G 

Private aerospace company SpaceX in 2021 will continue to connect vehicles (from cars and trucks to planes and ships) to its satellite Internet network Starlink. Such Internet will be available both in the U.S. and in other parts of the world.  

SpaceX has now launched more than 1,300 satellites into Earth orbit. In October 2020, the company began providing its services in test mode to residents of the United States, Canada, and Great Britain. 

5G 

Maximum deployment of 5G coverage in 2021-2025 on a global scale is also expected. As a reminder, 5G is a standardized technology with wide bandwidth, low latency, and advanced communications capabilities. It helps transform traditional industries and provides benefits for the global economy. Ordinary consumers take advantage of this next-generation network every day. Besides, 5G helps improve the efficiency of seaports, mines, and logistics. 

Autonomous Automobiles 

One of the most sought-after global technologies being actively tested and implemented this year is autonomous cars. Its widespread global adoption is expected in the next five years.  

Today, unmanned cars are being tested in six countries: the US, China, Russia, Israel, the UK (but here we are talking about one-off experiments), and South Korea. 

This global trend has not yet fully blossomed, but there have already been some promising successes. For example, in October 2020, Waymo, a Google subsidiary, launched an unmanned cab service in a suburb of Phoenix, the fifth most populous city in the United States. Today, anyone who downloads the app can call a robot cab. 

CRISPR/Cas9 

CRISPR/Cas9 genome editing technology, the discovery of which won the 2020 Nobel Prize in chemistry, has opened a new era in biology and medicine. With its help, scientists will be able to fight incurable diseases, correct genetic defects, and create new organisms.  

Researchers around the world have quickly recognized this possibility, and it is expected to be tested actively in 2021-2025. Optimistic scientists are even claiming that, in theory, it will make it possible in the future to modify the adult genome, allowing them to overcome, for example, HIV infection, cancer or even aging itself. 

Green Technologies 

In 2021-2025, the global community will return to serious environmental conservation steps that have been postponed due to the pandemic. Among others, it will focus on the following green technologies: 

  • Carbon capture 

The use of this technology will significantly reduce the emission of CO2 into the Earth’s atmosphere and thus affect the problem of global warming, which is extremely acute in recent decades. 

  • Power generation from wastewater 

This tech trend is still being refined and tested, but it’s already possible to say that it will make a revolution in the next five years. According to the scientists’ idea, with the help of their technology, it will be possible not only to treat wastewater effectively but also to obtain large amounts of electricity with it.

  • Biomimicry 

The technology is an innovative approach to solving the problem of cracked concrete on roads. The self-repairing bacteria in the concrete literally seals the newly formed cracks at the first sign of them. 

Bottom Line 

While the Covid pandemic has impacted every country in the world in unimaginable ways and brought terrible consequences to the global community, at the same time, the coronavirus outbreak has impelled the maturing of numerous global technological trends, the streamlining and widespread implementation of which will continue this year. Of course, we should not expect quick results, there is still a long way to go for global scaling of all the aforementioned tech trends, but active work in these areas in 2021 will definitely pay off in the years to come. 

There is more than positive momentum already on the Covid-19 problem, widespread vaccination will do its job sooner rather than later. But, in the meantime, we are all advised to continue to limit social interaction, Clevver suggests that you take advantage of a completely remote incorporation service to remain safe and be able to do business conveniently.

DISCLOSURE NOTICE: Any legal or tax advice in this communication (including any attachments) is for information purposes only and is not intended to be used, and cannot be used against Clevver or its Sender. The sender is neither an Accountant nor a Lawyer and cannot be made liable. Please, contact your tax accountant for individual consultation. Clevver does not provide any legal advice itself. Clevver works together with a network of lawyers and tax advisors that provide all necessary individual legal advice.