The world is constantly changing, and businesses that want to stay ahead of the curve need to be prepared for new trends. This article will discuss five of the biggest global trends that every business should be aware of. These trends are affecting businesses worldwide, so it is important to be aware of them and prepare for what is to come.
Relationship with the Planet
More people are becoming aware of the importance of sustainability, and they are looking for businesses that align with their values. As a result, businesses are starting to focus on becoming more sustainable. This includes reducing waste, using renewable energy, and recycling materials. In addition, consumers are increasingly interested in products that come from sustainable sources. They want to know where their food comes from, how the animals were treated, and what kind of environmental impact the product had.
Artificial Intelligence (AI)
AI is one of the most rapidly growing industries right now, and it's only going to continue to grow in the years to come. Already, AI has been used for things like voice recognition, image recognition, and natural language processing. And as technology continues to improve, AI will become even more powerful. Businesses need to start preparing for this by learning about AI and its use in their industry.
With the rise of big data, data privacy has become a more important issue than ever before. Businesses need to be aware that consumers are becoming more concerned about their personal information, and they need to take steps to protect customer data. This includes using encryption methods, ensuring that customer data is properly secured, and being transparent about using the information.
The Internet of Things (IoT)
The IoT is another rapidly growing industry, and it's estimated that there will be over 30 billion devices connected to the internet by 2020. That means businesses need to start preparing for a future where everything is connected. This includes developing IoT-specific products and services, creating a strategy for dealing with increased traffic, and ensuring that devices are secure against hackers.
The Global Economy
The global economy is constantly changing, and businesses need to be prepared for fluctuations in the market. To stay successful, businesses need to keep track of economic trends and understand how they will affect their industry. This includes tracking inflation rates, following stock markets, and studying economic indicators.
About Abe Rahey
Technology has always played a big part of Abe Rahey's life. As a teenager, Abe quickly learned that the video games he played with his friends would open a door to a more in-depth role-- not as a player, but as a developer. Even though Abe didn't have knowledge of any programming languages, he wrote down ideas for game after game using natural language until he had the ability to learn code.
When first learning to code, Abe quickly picked up the procedural languages of Java, BASIC, and C, and it quickly snowballed into Abe creating his own games and even running his own server. Before he had even graduated from high school, the 3D Portal Network that Abe had created had been purchased by GameSpy, a browsing platform that is incredibly popular today. Abe worked with the company in a management position for almost a decade, helping them transition to IGN Entertainment and then Fox Interactive.
After high school, Abe Rahey received his Bachelor of Science degree in Computer Science from the University of Arizona. His experience in the jobs that he held after college attracted Google's attention, leading him to move from Phoenix, Arizona, to Mountain View, California to take up the role of Senior Director of Engineering. He's held the position for over 14 years. Throughout his tenure at Google, he gained experience in a number of different things, such as Product and Enterprise Infrastructure. He prides himself on being a fair, logical, and diplomatic leader. To learn more about Abe Rahey, be sure to visit his websites!
About the Creator
Abe Rahey is a talented entrepreneur and digital engineer with a long-standing career at Google. Follow along to read his posts on technology, and visit AbeRahey.com to learn more about his footprint in the industry.