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AI, ML, 5G, IoT will be most important tech in 2021: Study – Outlook India

Bengaluru, Nov 23 (PTI): Artificial intelligence (AI),
machine learning, 5G and Internet of Things (IoT) would be
the most important technologies in 2021, according to a new
study by the Institute of Electrical and Electronics
Engineers (IEEE).
The technical professional organisation on Monday
released the results of a survey of Chief Information
Officers (CIO) and Chief Technology Officers (CTO) in the US,
the UK,China, India and Brazil.
The survey was on the most important technologies for
2021, the impact of the COVID-19 pandemic on the speed of
their technology adoption and the industries expected to be
most impacted by technology.
On which would be the most important technologies, nearly
one-third of the total respondents (32 per cent) said AI and
ML followed by 5G (20 per cent) and IoT (14 per cent),
according to an IEEE statement.
Manufacturing (19 per cent), healthcare (18 per cent),
financial services (15 per cent) and education (13 per cent)
are the industries that most believe would be impacted by
technology, according to the CIOs and CTOs surveyed.
At the same time, more than half (52 per cent) of CIOs
and CTOs see their biggest challenge as dealing with aspects
of COVID-19 recovery in relation to business operations.
These challenges include a permanent hybrid remote and
office work structure (22 per cent), office and facilities
reopenings and return (17 per cent), and managing permanent
remote working (13 per cent).
However, 11 per cent said the agility to stop and start
IT initiatives as this unpredictable environment continues
would be their biggest challenge.
Another 11 per cent cited online security threats,
including those related to remote workers, as the biggest
challenge they see.
CIOs and CTOs surveyed have sped up adopting some
technologies due to the pandemic.
More than half (55 per cent) of respondents have
accelerated adoption of cloud computing, 52 per cent have
accelerated 5G adoption and 51 per cent have accelerated AI
and ML.
The adoption of IoT (42 per cent), augmented and virtual
reality (35 per cent) and video conferencing (35 per cent)
technologies have also been accelerated due to the global
Compared to a year ago, CIOs and CTOs overwhelmingly (92
per cent) believe their company is better prepared to respond
to a potentially catastrophic interruption such as a data
breach or natural disaster.
“Whats more, of those who say they are better prepared,
58 per cent strongly agree that COVID-19 accelerated their
preparedness,” the statement said.
Asked which technologies would have the greatest impact on
global COVID-19 recovery, one in four (25 per cent) of those
surveyed said AI and ML.
The top two concerns for CIOs and CTOs when it comes to
the cybersecurity of their organisation are security issues
related to the mobile workforce including employees bringing
their own devices to work (37 per cent) and ensuring the IoT
is secure (35 per cent).
This is not surprising, since the number of connected
devices such as smartphones, tablets, sensors, robots and
drones is increasing dramatically.
Slightly more than one-third (34 per cent) of CIO and CTO
respondents said they can track and manage 26-50 per cent of
devices connected to their business, while 20 per cent of
those surveyed said they could track and manage 51-75 per
cent of connected devices.
“The IEEE 2020 Global Survey of CIOs and CTOs” surveyed
350 CIOs or CTOs in the US, the UK, China, India and Brazil
from September 21 – October 9, 2020, it was stated. PTI RS

Disclaimer :- This story has not been edited by Outlook staff and is auto-generated from news agency feeds. Source: PTI

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