If anything has been learned during a challenging year, it’s how critical technology, telecom, media, and entertainment innovation is for business continuity, according to Deloitte, which has predicted that 2021 will see accelerated growth in global cloud spending, intelligent edge computing and networked video in use cases such as telehealth.
Now in its 20th year, the Technology, media and telecommunications (TMT) predictions for 2021 highlights how worldwide trends in TMT may affect businesses and consumers worldwide. In addition, the report highlights how many of these trends are being driven by the global pandemic’s economic and societal impacts, resulting in growth for cloud technologies, the intelligent edge, media segments such as sports and the shift to telemedicine.
Fundamentally, Deloitte notes that the pandemic will continue to shape business strategies in 2021, and users will expect faster, more reliable and safer user experiences. It adds that those TMT companies that can address these customer needs, while rebuilding their industries for growth, will likely emerge as leaders next year and beyond.
High among the industry changing shifts is the intelligent edge, which Deloitte believes is unleashing Industry 4.0. The intelligent edge – which it defines as the combination of advanced wireless connectivity,