Here are the best Tech Trends to shape Australian businesses as we already know Australia is one of the highly urbanized countries in the world. As of February 2020, the estimated population in the country is about 25,611,858, according to the Australian Bureau of Statistics. The Land Down Under also has a high-level penetration as of 2018, when the total number of Internet subscribers reached 14.7 million.
Since the country also has a reputation for having a well-developed market economy, the local businesses need to find ways to adapt to the technological advancements emerging worldwide. They also need to develop new products and expand to new markets using advanced Information Technology.
Because of this, small and medium businesses (SMB) need to get in touch with reliable IT distributors in Australia to provide everything that they need to be at par with the rest of the world.
4 Best Tech Trends to Shape Australian Businesses In 2020
Here are some of the biggest tech trends that Australian businesses must expect to unveil in 2020.
1. More Investments in the Internet of Things (IoT)
According to a recent survey, 89% of Australians own a smartphone as of 2018. The majority of these smartphone users spend an average of three hours every day scrolling their smartphones to connect through social media, research information, and shop online. For this reason, SMBs become more interested in investing in IoT startups.
Nowadays, the IoT has an absolute impact that continues to captivate more startup businesses to work towards more original projects in computer hardware, software, and services. If the trend continues, the worldwide spending in IoT will reach 1.4 trillion dollars in 2021. Most IT distributors in Australia expect to see the country occupy a significant percentage in this projection due to a large number of people in the country owning smart devices.
2. More User-Friendly Voice User Interface (VUI)
As of 2018, 1.35 million Australians own smart speakers with VUI at home. The popularity of these devices saw a 200% increase in as little as four months. Users invest in digital assistant devices like Alexa, HomePod, Google Assistant, and Siri for various purposes.
It includes installing smart security at home and managing the household remotely. Because of this, SMBs in the country would try to find ways to utilize this trend to promote their products and services.
3. Increase in Data And Devices Promoting Human-Device Interactions
Experts believed that about 3.6 billion devices were sold by the last months of 2019. These items may help users to connect to the Internet more regularly for everyday tasks. Due to the onset of 5G all over the world, more devices may still come out in the market. These devices may help businesses to process their operation data faster and bring them closer to their points of action.
4. Advances in Quantum Computing
Australia has a reputation for being the innovator in global silicon-based quantum computing research. It prompted the country to become a promising technology to develop a commercially feasible quantum computer. It is the reason why the government released a $25 million investment in the Silicon Quantum Computing Pty Ltd venture in conjunction with the business sector.
These tech trends may have a significant impact on the progress of Australian SMBs this year. All these can help improve the operations and sales of these businesses for years to come. If all the small and medium enterprises in the country will adopt these tech trends, the Australian economy may experience an upsurge this year and in the future.
Creative Business leaders can use these Tech Trends options to shape Australian businesses. These tech trends are best seen as emerging patterns that can be applied in many types of businesses.
Author – Ben