TREND ALMANAC 2020
Welcome to the third edition of Virtusa xLabs’ Trend Almanac.
As we enter a new decade, we can see the momentum of emerging tech continuing to reshape our world at a relentless pace. Data continues to proliferate. AI continues to pervade our work and home life; and it is becoming increasingly easy to implement new tech without eye-watering budgets and squads of PhDs. As they say, the only constant is change. Business leaders are still in two minds about this tech-enabled future. On the one hand, there’s a utopian view in which hyperconnected companies draw on dynamically scaling hybrid-clouds, and filter value from vast data lakes. They launch new jointventures that capitalize on fleeting windows of opportunity, with an ever-changing roster of partners. On the other hand, the dystopian view sees tech unleashing disruptive chaos; poorly focused regulation presents hurdles and no protection; and commercial success and ethical behavior are seldom bedfellows
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