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Wholesale VoIP Feature Article

Five Tech Trends Sure to Challenge Business Success in 2017

October 18, 2016

By Susan J. Campbell, TMCnet Contributing Editor

It’s hard to believe that we’re in the last quarter of 2016 and already putting together predictions for a new year. For those in business, it means it’s time to take a look at what worked well for 2016 and what changes are coming for 2017. If that business is wholesale VoIP, there are a few predictions for the new year worth paying attention to.

According a recent blog post by wholesale VoIP solutions provider VoIP Innovations (News - Alert), there are seven huge tech predictions for 2017 that warrant your attention. Let’s take a look at a few of them here today and why they’re important.

Internet of Things (IoT) – four billion connected devices are expected by the end of 2016, according to Gartner (News - Alert), while the number is expected to hit 20.8 billion by 2020. For 2017, that means a considerable increase in the number of objects and devices that will become Internet-enabled. This could mean network strain and performance issues if the surge isn’t handled correctly.

5G Technology – we all knew it was coming as we’ve huddled around 4G long enough. But don’t expect to see it in 2017, as the assumption is that it will be rolled out around 2020. Instead, expect to see players like AT&T (News - Alert) release their plans for 5G in 2017 to get the conversation going throughout the industry.

Mobile Payments – if you’re not one of the 20 percent of Americans who are currently using solutions like Apple (News - Alert) Pay or Samsung Pay, it’s likely you’re going to at least pay more attention to these options in 2017. This is the year we expect to see an increase in awareness and trust in the service itself, with growth continuing in 2017 and beyond.

Digital Migration –we saw nearly 80 percent of businesses present the digital transformation as their top strategic priority in 2016. The figure is expected to grow in 2017 as businesses continue to focus on the restructuring of their core architectures and reprioritize their budgets to keep pace with today’s demands in the digital era.

Security – it’s one topic we can’t get enough of, as all businesses want to be sure they can trust the solutions and providers in which they invest their information and assets. As we connect more and more devices, the importance of security also grows. Hacking methods and attacks will also evolve, putting even more pressure on monitoring and response.

If you’re paying attention to the factors that are adding to the pressure to perform for 2016, they are likely to only intensify in 2017. The good news is that with the right strategies and partners in place, you’ll be better prepared to take on another year. 

Edited by Alicia Young

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