A featured contribution from Leadership Perspectives: a curated forum reserved for leaders nominated by our subscribers and vetted by the Construction Tech Review Advisory Board.
Dileep Seinberg
In 2021, we will see new technological changes coming to our lives:
1. Virtual is new reality - Work from Home and Home Experience based technology will evolve more such as Business Communications tools like Video Conferencing, Collaborations tools, and Productivity Apps.
2. Entertainment from Home: Streaming services will see more demand from mainstream cinema and content creations. Influencers will become more powerful defining entertainment and how we consume content. They are evolving celebrities who live among us.
3. Banking from home - Neo Banking, touch-less payments and Banking from Home will see more emerging apps and technological shifts. Blockchain and Cryptocurrency adoption will see bigger transition from Niche to mainstream business. We at Exioms, will be expanding Blockchain and Neo Banking solutions this year.
4. Shopping from Home - New e-commerce experience-based products and D2C (Direct to Consumer) will evolve into mature industrial force to better Customer Experience.
5. Work-Home uniting culture - People will be evolving their homes to new work experience with new IoT driven Home Automation products. New Interior products will attract huge scope for manufacturer and suppliers. Startups and companies dealing in Furniture, Interiors and Home Décor will see good momentum.
6. Cleaner World – Covid has made our society more sensitive towards being clean, safe and environmentally friendly. It has proven how important it is to adopt natural means of life. This will drive more Clean-Tech start-up ideas, Healthcare, wellness, Mental health and healthier food to the market.
7. Healthy is more important than ever before – Healthcare, Wellness and Health Food will be evolving and old Startups relating to these industries will be looking at greater demand from consumers. This will open new opportunity for new ideas.
8. Mindfulness & Mental Health: Mindfulness and importance to self-improvement will be driving Business HR policies. It has proven mindfulness can attract innovations and efficient works, it will originate more products and Mental health services integrations to mainstream. It will no longer be a part of just ‘Me’ time.
9. India to become Investors favourite spot in Asia: India will see great momentum in Foreign investments as their favourite Asian nation to build things and export. Export houses and manufacturing services from the western countries will look India as their source of production. We will also be launching Made-in-India products harnessing the technology this year.
10. Rise in Self driven business and Gig Economy – Due to insecurities of Jobs and income driven by Covid crisis, drop shipping business model, Social Commerce, Internet based economy will bring new freelancers and entrepreneurs to the space. Self-driven business and Small business will rise in 2021.
Our potential to be remote and effectives has given supernatural level power to Big Tech companies and their control over our Data and personally sensitive information. More strict regulations on Privacy on personal data and high investment on Cybersecurity will become Government and business priority.
2021 will be the year of recovery and bring new Innovations to our lives.
