The top tech trends for the coming years have been revealed. Which ones should your startup focus on for the best chance of success?
Successful startups depend on being at the forefront of innovation. Their small size means they’re agile enough to react quickly to evolving technology trends, allowing these businesses to make their own unique mark ahead of larger corporations.
However, it’s not always easy to identify which evolving IT technologies are the best focus for new businesses. The sheer wealth of options demands a considered approach to the unique aspects of each opportunity.
With larger businesses focusing on everything from cloud computing to big data analytics and the potential of the Internet of Things (IoT), there’s set to be a number of prevailing trends that will underscore this adoption.
IoT expansions demand support personnel
If there’s one thing recent IT startups can rely on, it’s the continual demand for support and maintenance. No matter which emerging technology solution businesses employ, each option will demand the services of personnel that are able to keep everything in perfect working order, as well as perform any necessary upgrades.
According to Gartner, the rapid adoption of IoT platforms is expected to be one of the largest leaders of the IT support market. While most businesses will be aware of the range of connected devices currently on the market, such as smartphones, tablets and laptops, the IoT trend will see this expand to other options that have only fairly recently gained the capacity to become connected.
At this stage, there are plans to have cars, buildings and transport hubs all connected to each other and regular devices, with internet capability expected to enhance the way they operate.
Due to this expansion, Gartner is expecting there to be as many as 6 billion individual connected devices active by 2018, all of which will require support. The firm believes that not only will it boost the existing technology support industry, it will create a whole new subsector, giving startups the opportunity to specialise in IoT support.
3D printing will continue to change industries
There are few disruptive technologies having as much of an impact as 3D printing, with the technology continuing to redefine the accessibility of manufacturing.
In the past, the process of making things was often too expensive for smaller companies to consider. In most cases, this was due the fact that the equipment necessary to create products from scratch was beyond them for a number of reasons.
On top of this, smaller corporations couldn’t take as many risks in the design process, as producing low-volume runs for the purpose of prototyping was an inefficient process.
While 3D printers have already succeeded in changing these mentalities, Gartner believes there is still further room for evolution. Currently, most consumer-grade offerings are limited to printing with plastic filament. According to Gartner, this will expand to include further materials such as glass, nickel alloys and carbon fibre.
The International Data Corporation (IDC) recently investigated the trends surrounding 3D printers, finding the market is still growing significantly thanks to a number of key benefits. Research Director, Hardcopy Solutions Tim Greene believes the products will continue to evolve.
“The technologies that enable 3D printing continue to develop and expand in nearly every direction,” he explained.
“These technologies can help deliver larger, more accurate, and more solidly built models in a fraction of the time.”
Australia ready to make the most of digital opportunities
However, as with all IT trends, the technology is only half the solution, with the right personnel equally as important to ensure the businesses are able to get the most out of their investment.
A recent survey conducted by the Martin Prosperity Institute found that Australia’s workforce is perfect for leading the digital revolution throughout all businesses. The firm’s Global Creativity Index 2015 ranked Australia at the top of the list, declaring that the country’s employees are able to link innovation with business development.
The result was buoyed by Australia’s success in a number of the individual categories that make up the overall index. In particular, the country’s workforce leads the stakes in global talent, a sector that relies on educated employees and the number employed by creative industries.
According to the institute, as reported by SmartCompany on October 15, success in the index is a sign of greater positives for the rest of the country.
“Nations that score highly on the CGI have higher levels of economic output, entrepreneurship, economic competitiveness, and overall human development,” the results stated.
“Overall, we find that nations that score high on the GCI have, on balance, greater levels of equality.”
Australia’s result shows a notable improvement over its classification that last time the index was produced in 2011. In that particular instance, the country ranked fifth, with Sweden taking top honours.
Overall, the future is looking positive for the country’s startups, with emerging technology trends and the current workforce showing signs of being able to challenge international competitors.