“The global consulting market reached a value of 160 billion U.S. dollars. Due to the coronavirus outbreak, this figure is estimated to decrease to 132 billion U.S. dollars in 2020”.
Technology has a ubiquitous presence in the IT consulting industry. There have been extensive trends that will come and go. It is not an irony to say that the overload of technology changes. But the key is how to keep transforming the technical consulting industry. The United States has one of the most significant investments in IT consulting. As we can see from graphics:
While midway through --2021, we’ve already witnessed various technology consulting trends that will affect the industry. Many of them have been adopted in the IT consulting industry.
A time when all sectors are looking to break the shackles. Why the consulting industry leaves behind. For better availability of funds & resources, they can look for top IT consulting firms in India and do a makeover in consulting business.
“The global consulting market seems to be in a nurturing state and will witness a change. Technology will play a key role in the transition of the sector”. Anonymous
Let’s come across some popular trends that’ll transform the technical consulting industry:
5 G Will finally Go Mainstream-- A Reality Now!
If there is any topic capturing headlines, then that is 5G technology, which is still to come but supposed to make a giant stride in the coming months and years. It is composed of huge benefits that will massively affect the (IoT) industry. Since IT consulting firms are waiting on the fence to capitalize faster technologies and services. So 5G may be one of the unique technologies firms will ever have subscribed to. It'll give them a feel of how technology in the air network gets rolled out.
The Rise In Blockchain Will Be Welcomed
Till the last few years, Blockchain was associated with cryptocurrency and adopted by a majority of industries. Because of its decentralized nature, experts feel that it is unbreachable (barring a few instances), its security is most notable. It could prove much faster than many other peer-to-peer asset transaction exchanges. It comprises abundant benefits in various firms.
Blockchain adds many layers to IT consulting. But it is yet to be fully assimilated by many firms, citing its unpopularity amongst laypeople. The best IT consulting industry technology consulting firms have seen how this could be used as another tech to optimize the best resources.
AI Will Be Like---- Nuts & Bolts Of Consulting Firms
Artificial Intelligence (AI) has been used in the IT consulting industry for some years. For much of this, however, it’s been a relative niche area, with few firms taking full advantage of it. Despite top IT consulting firms continuing to produce significant momentum and seen across broad areas--- AI still has a long way to go.
That means that AI will become a fundamental aspect of every technology-focused firm over the next few years. Much of this goes through various ways to transform and improve operations.
Internet Of Things (IoT) Will Transform Everything
IoT has been phenomenal in affecting a large no. of industries by commanding things. So technology consulting is no exception either? More than 8 billion devices are connected to IoT in circulation, which means firms need to bolster their resources to get attention. An IT consulting services company would be very much capable of integrating IoT into consulting services.
This integration is not about the technology or devices but rather what could be done with such things. Especially true when considering the IoT’s information about how data is used.
Most technology consulting firms use this information to schedule meetings/optimize campaigns, perform consultations, and much more. As such, IoT will become prominent in months and year.
Read More: https://angelinajasper.hashnode.dev/popular-trends-unleashing-potential-of-it-consulting-industry