Dieter Halfar<\/a>, to share his insights on what we’re likely to see in the year ahead. What new trends will emerge? What is going to shift? Find Dieter’s thoughts below:<\/p>\n\n\n\nData Fabric<\/h2>\n\n\n\n
2022 is likely to see the adoption of data fabric into organisations. The integrated data architecture that data fabric provides can help organisations utilise all of their data and gain valuable insights with less work. The benefits range from removing human error in data analysis, reducing the cost of data analytics, optimising data integration and automation, and time-savings.<\/p>\n\n\n\n
Most data collected by companies currently goes unused \u2013 a single, integrated data fabric can use all of the data \u2014 enabling businesses to make more informed decisions in a much more efficient way.<\/p>\n\n\n\n
Decision intelligence<\/h2>\n\n\n\n
Decision intelligence can democratise data analytics and transform the way we make commercial decisions. The combination of data, social and managerial science will enable AI to make impactful, informed decisions, from business strategy to product launch opportunities. The automation of commercial decisions may cause feelings of unease. However, it will provide a more comprehensive overall view, whilst reducing time, costs and errors.<\/p>\n\n\n\n
Decision intelligence can remove the need for data specialists. It allows employees to serve themselves, reducing costs and time taken to reach a decision. It can also address the skills gap \u2013 automated decision making for scheduling, resource allocation and capacity planning.<\/p>\n\n\n\n
DLTs<\/h2>\n\n\n\n
We will see more hype and growth in the use of distributed ledger technology and blockchain for data stored from multiple sources, where traceability and transparency matter. A big focus is on use of public ledgers to ensure sustainable supply chains across industries including food, retail and manufacturing.<\/p>\n\n\n\n
The biggest challenges to solve in this area are the high complexity, energy consumption and high cost of using DLTs against traditionally centralised records. These are not to be ignored and are currently unsolved problems paramount to the success of blockchain at a large scale.<\/p>\n\n\n\n
That being said, the power consumption issue on public DLT is being addressed by moving away from Proof of Work consensus algorithms and towards Proof of Stake (PoS). This is the case for one of the largest public blockchain networks, although the implementation of PoS is fraught with difficulty at present, and most likely delayed until 2023. <\/p>\n\n\n\n
Lastly, we mustn’t forget the metaverse, and tokens related to the metaverse economy. This is bound to be a significant area of interest in 2022, as the concept moves from early stage implementation to increased and more mainstream adoption. <\/p>\n\n\n\n
We can help you navigate and exploit these opportunities. Get in touch today<\/a> to talk to one of our experts.<\/p>\n","protected":false},"excerpt":{"rendered":"2021 has certainly been pivotal for many industries. With technology advancing exponentially, ESG at the forefront of boardroom agendas and COVID-19 still impacting consumer behaviour, companies are having to adapt,…<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[116],"tags":[289,127],"related_service":[],"related_industry":[62],"class_list":["post-29707","post","type-post","status-publish","format-standard","hentry","category-blog","tag-2022-trends","tag-technology"],"acf":[],"yoast_head":"\n
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With technology advancing exponentially, ESG at the forefront of boardroom agendas and COVID-19 still impacting consumer behaviour, companies are having to adapt,… <\/div>\n <div class=\"wp-component-card__meta\">\n <p class=\"wp-component-card__date\">\n 19 December 2021 <\/p>\n <div class=\"wp-component-card__terms\">\n <div class=\"wp-component-tags edwp-component\">\n <div class=\"wp-component-tags__tag\">\n Technology <\/div>\n <\/div>\n <\/div>\n <\/div>\n <div class=\"wp-component-card__button-wrapper\">\n <button class=\"btn btn--link arrow wp-component-card__button\">\n Read more <span class='edwp-svg '><svg width=\"20\" height=\"20\" viewBox=\"0 0 20 20\" fill=\"none\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\">\n<g id=\"Lg\">\n<path id=\"Vector\" d=\"M1.12509 9.50162H15.8648L9.43259 3.06941C9.374 3.0113 9.3275 2.94216 9.29576 2.86599C9.26403 2.78981 9.24769 2.70811 9.24769 2.62559C9.24769 2.54307 9.26403 2.46137 9.29576 2.38519C9.3275 2.30902 9.374 2.23988 9.43259 2.18177C9.54971 2.06535 9.70814 2 9.87328 2C10.0384 2 10.1969 2.06535 10.314 2.18177L17.8151 9.6829C17.8737 9.74101 17.9202 9.81014 17.9519 9.88632C17.9837 9.96249 18 10.0442 18 10.1267C18 10.2092 17.9837 10.2909 17.9519 10.3671C17.9202 10.4433 17.8737 10.5124 17.8151 10.5705L10.314 18.0717C10.1975 18.1871 10.0404 18.2522 9.87641 18.2529C9.79414 18.2534 9.71259 18.2376 9.63643 18.2065C9.56027 18.1754 9.491 18.1296 9.43259 18.0717C9.374 18.0135 9.3275 17.9444 9.29576 17.8682C9.26403 17.7921 9.24769 17.7104 9.24769 17.6278C9.24769 17.5453 9.26403 17.4636 9.29576 17.3874C9.3275 17.3113 9.374 17.2421 9.43259 17.184L15.8711 10.7518H1.12509C0.959309 10.7518 0.800312 10.686 0.683084 10.5687C0.565857 10.4515 0.5 10.2925 0.5 10.1267C0.5 9.96093 0.565857 9.80193 0.683084 9.68471C0.800312 9.56748 0.959309 9.50162 1.12509 9.50162Z\" fill=\"#1D0F25\"\/>\n<\/g>\n<\/svg>\n<\/span> <\/button>\n <\/div>\n <\/div>\n<\/article>\n","_links":{"self":[{"href":"https:\/\/www.elixirr.com\/en-gb\/wp-json\/wp\/v2\/posts\/29707","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.elixirr.com\/en-gb\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.elixirr.com\/en-gb\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.elixirr.com\/en-gb\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.elixirr.com\/en-gb\/wp-json\/wp\/v2\/comments?post=29707"}],"version-history":[{"count":1,"href":"https:\/\/www.elixirr.com\/en-gb\/wp-json\/wp\/v2\/posts\/29707\/revisions"}],"predecessor-version":[{"id":57743,"href":"https:\/\/www.elixirr.com\/en-gb\/wp-json\/wp\/v2\/posts\/29707\/revisions\/57743"}],"wp:attachment":[{"href":"https:\/\/www.elixirr.com\/en-gb\/wp-json\/wp\/v2\/media?parent=29707"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.elixirr.com\/en-gb\/wp-json\/wp\/v2\/categories?post=29707"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.elixirr.com\/en-gb\/wp-json\/wp\/v2\/tags?post=29707"},{"taxonomy":"related_service","embeddable":true,"href":"https:\/\/www.elixirr.com\/en-gb\/wp-json\/wp\/v2\/related_service?post=29707"},{"taxonomy":"related_industry","embeddable":true,"href":"https:\/\/www.elixirr.com\/en-gb\/wp-json\/wp\/v2\/related_industry?post=29707"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}