Innovation and technology continues to roll forward, and if anything, the ongoing pandemic is accelerating new things. So, what’s coming next year? Here are a few technology trends that have the potential to change the course of your business in 2022.
In the recent months, we’ve seen enterprises large and small moving toward low-code platforms. Why? Because these platforms allow them unbeatable speed and flexibility on their path toward innovation. Let’s talk a bit about how these platforms work. In a low-code platform, developers can use drag-and-drop components, combining these with code they write themselves. It’s a simpler, quicker way of technology integration and creation.
Retailers around the world are recognizing the benefits of contactless checkout, and beyond that, some pioneering companies are utilizing a fully autonomous, “just walk out” shopping and checkout solution. There are several different ways that companies can implement a more seamless checkout experience. Here’s a few trends that we’re seeing:
From virtual try-on to in-store navigation, augmented reality is becoming an expectation for the savvy consumer. According to Statista, the AR-VR market will grow up to $209 billion by 2022 worldwide, so this isn’t a technology to skip over. Some of the different ways companies are leveraging AR and VR are as follows.
Our Iterate Signals platform has captured over 100 emerging technologies in this space. Contact us for the free list.
Video Commerce leverages AI-powered shoppable videos with strategic product placements. Consumers can watch the video, then click on a link to buy or learn more about the featured product. Cisco predicts that by 2022, 82% of all consumer internet traffic will be made up of online videos. That’s 15 times higher than it was in 2017! If properly used, your business can capitalize on this technology to build awareness, drive traffic, generate leads, and grow sales.
5G is paving the way for a fully digitalized and connected world. In the retail industry, everyone is always talking about the importance of enhancing the customer experience through personalization, and 5G plays a huge part in this. Why? 5G greatly increases bandwidth, removing friction from current processes. Everything will be streamlined.
Here’s some ways 5G services will transform the retail world:
As we enter into 2022, keep an eye out for these 5 emerging technologies. With each technology comes potential for a huge market, and we highly recommend your enterprise is ready to take full advantage.
If you want to learn more about how our Interplay and Signals platforms can help your enterprise be at the top of its tech game going into 2022, contact us here.
Stay ahead of trends with insights from iterate.ai experts and advisors