2020 Technology Industry Outlook Bookmark has been added
Analysis
2020 Technology Industry Outlook
Edge computing is accelerating growth in technology
Cloud computing and artificial intelligence will once again dominate the technology headlines, but 2020 could be a breakout year for edge computing. Deloitte’s global technology, media, and telecommunications industry leader, Paul Sallomi, shares his perspectives on the advantages of processing data locally and how partnerships will play a key role in accelerating growth in technology.
Interview with Paul Sallomi
While familiar themes such as cloud computing (including everything-as-a-service, or XaaS) and artificial intelligence (AI) will once again dominate technology headlines, 2020 could be a breakout year for “edge computing.” According to Paul Sallomi, global technology, media, and telecommunications industry leader and US global technology sector leader, the time is right for companies to seriously consider exploring the advantages—including reduced latency and lower bandwidth costs—of processing data locally, at the edge of their networks. In terms of strategy, partnerships will likely become even more essential for technology companies looking to deliver solutions that drive true business outcomes for customers.
Download the full report or listen to the podcast to learn more about the biggest trends across the technology sector.
This publication contains general information only and Deloitte is not, by means of this publication, rendering accounting, business, financial, investment, legal, tax, or other professional advice or services. This publication is not a substitute for such professional advice or services, nor should it be used as a basis for any decision or action that may affect your business. Before making any decision or taking any action that may affect your business, you should consult a qualified professional advisor.
Deloitte shall not be responsible for any loss sustained by any person who relies on this publication.
Copyright © 2019 Deloitte Development LLC. All rights reserved.
Endnotes
1 Joe McKendrick, “Hybrid cloud serves as bridge to our bright all-cloud future,” ZDNet, August 12, 2019.
2 Tarun Dua, “Hybrid clouds play key role in strategies across organisations,” Financial Express, April 11, 2019.
3 Macy Bayern, “Rise of multicloud: 58% of businesses using combination of AWS, Azure, or Google Cloud,” TechRepublic, January 24, 2019.
4 Kunal Agarwal, “The Future of Big Data Is in the Hybrid Cloud: Part 2,” Forbes, January 17, 2019.
5 Ian Barker, “Half of companies won't move mission critical workloads to the cloud,” BetaNews, August 2019.
6 Anthony Spadafora, “Companies don't think their cloud can keep up with security,” TechRadar, August 7, 2019.
7 Jeff Loucks, Susanne Hupfer, David Jarvis, Timothy Murphy, “Future in the balance? How countries are pursuing an AI advantage,” Deloitte, May 2, 2019.
8 Ibid.
9 Ibid.
10 Christina Aguis, “Evolution of AI: Past, Present, Future,” Medium, February 2, 2019.
11 Anne Taylor, “Edge computing is in most industries’ future,” Network World, April 23, 2019.
12 Ibid.
13 Alex Hickey, “Cloud-only services lead growing PaaS market, CIO Dive,” March 4, 2019.
14 “Infrastructure as a Service (IaaS) Market Worth USD 101.56 Billion, at a CAGR of 28%, During 2019-2023,” Bloomberg, June 3, 2019.
15 Ron Miller, “Enterprise SaaS revenue hits $100B run rate, led by Microsoft and Salesforce,” TechCrunch, June 28, 2019.
16 Vignesh Ananthraj, “With microservices, SaaS firms are giving large vendors a run for their money,” TechCircle, February 8, 2019.
17 David H. Deans, “How channel partners are set to drive new cloud computing growth,” Cloud Tech News, February 19, 2019.
18 Scott Carey, “Notable technology acquisitions 2019,” Computerworld, August 23, 2019.
19 Mike Fucci, Terri Cooper, “The inclusion imperative for boards,” Deloitte, April 2, 2019.
20 Nihar Dalmia, David Schatsky, “The rise of data and AI ethics,” Deloitte, June 24, 2019.
21 Sam Levin, "Bias deep inside the code: the problem with AI ‘ethics' in Silicon Valley," The Guardian, March 29, 2019.
22 William Dixon, Nicole Eagan, “3 ways AI will change the nature of cyber attacks,” World Economic Forum, June 19, 2019.
23 Sam Bocetta, “Is AI fundamental to the future of cybersecurity?,” CSO, June 12, 2019.
24 Jeff Loucks, Susanne Hupfer, David Jarvis, Timothy Murphy, “Future in the balance? How countries are pursuing an AI advantage,” Deloitte, May 2, 2019.
25 Randy Bean, Thomas H. Davenport, “Companies Are Failing in Their Efforts to Become Data-Driven,” Harvard Business Review, February 5, 2019.
26 John Murawski, “How Data Management Helps Companies Deploy AI,” The Wall Street Journal, April 29, 2019.
Get in touch
Recommendations
Deepfakes and AI
Questioning artificial intelligence ethics and the dangers of AI