The Top Technology Trends for 2022

The use of cloud networking solutions to support a multi-cloud strategy has been voted the top technology trend of 2022. In an online poll carried out by the Business Innovation Leaders Forum, 42% of participants selected cloud networking as the most transformative trend for CIOs to watch out at a time when the world gears up for economic growth after two years of pandemic disruption.

 

Other technologies voted as having huge potential for a positive impact during 2022 included the use of AI to drive agility at the Network Edge which achieved 23% support, and next generation Unified Cloud Security, embracing innovations like Zero Trust and Confidential Cloud, with a 19% vote.

 

 

Scott Raynovich, founder & principal analyst with independent consulting firm Futuriom, was unsurprised to see cloud networking as one of the most significant trends for 2022: “As everybody knows, there’s a lot of exciting stuff going on with cloud technology,” he said. “I expect multi cloud to continue to gain momentum this year. We’re going to see more emerging solutions in multi-cloud networking as well as network as a service.”

 

Raynovich also sees a lot happening at the Network Edge over the next 12 months, as well as the placing of real time intelligence closer to the user: “Everybody’s talking about digital transformation, and for many people that means implementing nimble, agile applications which can be delivered with the cloud,” he noted. “We’ve been tracking innovation in AI at the edge. AI is a horizontal technology, but it’s especially important at the edge because part of the edge is about bringing processing power closer to the customer, whether that’s automated factories, or self-driving cars or retail and business analytics. New infrastructure is going to create all sorts of opportunities of the edge, especially the far edge.”

 

He is also in agreement with those who voted for next generation cloud security as key: “Cybersecurity is always evolving and getting smarter, trying to keep up with the bad guys,” he concluded. “Now we’re seeing Unified Cloud Security models which embed intelligence into the applications themselves so we can make sure the people talking to the applications are the right people.”

 

Raynovich was speaking at a recent International Media Round Table event entitled Hot Trends For 2022. This link will allow you to hear the event in full:

Hot Trends for 2022

He has also spotlighted some of the most important players in the fields mentioned in this report.

 

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Book of the Month*

The Serendipity Mindset: The Art and Science of Creating Good Luck

By Dr Christian Busch
Serendipity is an aptitude for making desirable discoveries by accident. To other people it looks like “good luck”, but it is more the ability to recognise and seize an opportunity, rather than have good fortune thrust upon one. Finding a wallet stuffed with money on the conference room floor is good luck, whereas holding it up and asking if anyone has lost their wallet might be the beginning of a valuable friendship – that would be serendipity.

Chance encounters, or strokes of fortune, feature in countless stories of business success. This book looks beneath the surface, reveals and teaches the mindset that can transform pure chance into opportunity. The author is director of the Global Economy Program at New York University’s Center for Global Affairs, and a lecturer at the London School of Economics.

Serendipity is an aptitude for making desirable discoveries by accident. To other people it looks like “good luck”, but it is more the ability to recognise and seize an opportunity, rather than have good fortune thrust upon one. Finding a wallet stuffed with money on the conference room floor is good luck, whereas holding it up and asking if anyone has lost their wallet might be the beginning of a valuable friendship – that would be serendipity.

The author says “This is a book about the interactions of coincidence, human ambition and imagination”. In the above example: finding the wallet is the coincidence; ambition is the desire to make something of the discovery; add imagination and you open up a whole menu of possibilities: from spending spree to earning a reputation for honesty – or even making a wealthy friend.

Business is typically forged on human ambition and imagination, but early success often feeds an appetite for control – and “control freaks” can be blind to the opportunities thrown up by the unexpected. They only see chance events as distractions. If plans go awry, they may blame the failure on “bad luck” rather than admit their own inflexible attitude.

The author himself admits to being “a German who is used to planning” and prone to feel anxious when something unexpected happens. That makes him an ideal teacher, because he has worked hard to discover and analyse the mindset that enables one to “connect the dots” and cultivate serendipity. He presents a goldmine of examples from science, business and life where an apparent mishap or failure lead to a breakthrough.

Indeed, studies suggest that around 50% of major scientific breakthroughs emerge as the result of accidents or coincidences. A well-known example is Alexander Fleming’s discovery of penicillin, launching the whole field of antibiotics. Other examples include X-rays, nylon, microwave ovens, rubber, Velcro, Viagra and Post-it Notes – where would we be without these!

The book goes beyond the ability to recognise and respond to opportunities in chaos, but the subtitle – The Art and Science of Creating Good Luck – is actually a bit misleading. True, he does show ways to develop better fortune, but it would be better to call it “inviting” or “encouraging” good luck. For example, he suggests better ways to start a conversation with a stranger – ways that will make it more likely to lead to chance connections or shared interests.

The publishers may have chosen the word “creating” to make the book appeal to the human desire to control – for control freaks are exactly the readership that would benefit the most from this book’s wisdom and practical advice.

For the rest of us, it offers a great way to rediscover the sense of play that is so important in life – and too often lost in business.

“Following the success of The Serendipity Mindset hardback, a paperback edition has also now been launched under the title “Connect the Dots”.

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