2020 has encouraged Canada to make their business more technology-friendly. The disruptive technology trends in 2020 will provide more opportunities for Canadian businesses to stay ahead of the curve. Many studies have shown that Canada uses plenty of technology since it is a billion-dollar industry in the country in 2020. Canada is one of the global technology leaders, specifically in the software industry. There are a number of emerging technologies that Canadian businesses are focusing on to create more financial gains and other industry advantages. Here are the top 2020 technology trends in Canada.
Artificial Intelligence
Artificial intelligence has been a staple for many businesses and corporations in Canada. More than 80% of businesses already have some form of artificial intelligence applied to their business according to Forbes. This allows them to create a more efficient operation while also creating more industry disruptions. Many industries will begin to employ artifical intelligence at an even greater level. The fishing industry as well as aircraft, automobiles, oil, and logging, will be infused with AI features, creating a large boon for Canadian businesses.
Internet of Things Creating More Automation
The internet of things has allowed different technologies to be infused with artificial intelligence to make it a unified machine. Many are hoping for smart cities in the near future where all the benefits of a smart home will be available to the public in the cities. However, there is also a seamless integration between different technologies that create the Internet of Things. It will be incredibly helpful for businesses and consumers alike in Canada. The Internet of Things will allow the different smart devices to be integrated together, creating improved security, management, monitoring, and mobility for companies. Productivity has been improved with artificial intelligence assistants like Alexa and the Google Assistant. They will allow various programs and other devices to be integrated together. The Energias Market Research reveals how prevalent the Internet of Things is for Canadians in particular. They realized that by 2024, it will be a $6.5 trillion industry. It can provide more automation for tasks like analyzation, learning, monitoring, and measuring without human intervention.
SaaS and Cloud
The core of the medium and small businesses located in Canada will begin using more SaaS (otherwise known as software-as-a-service) technology to meet their digital infrastructure needs. SaaS provides consumers and businesses alike with a solution to their specific needs. It can be used in digital marketing, payment processing, and even point of sale systems. They will be able to improve their customer service as well because SaaS is available 24/7 while also making it easier for small and medium-sized businesses to scale. The cloud computing will also allow businesses to store their data online, making it easily available. Statista reveals that Canada will increase their spending on cloud computing and SaaS technology to $411 billion by the end of the year.
Voice Search
With the prevalence of the Internet of Things and virtual assistants like Google’s Assitant and Amazon’s Alexa, voice search will start to dominate the search engine optimization. Voice search will increase to nearly 50% or more of mobile Google searches by the end of the year. Smart Canadian businesses will ensure they integrate voice search optimization to create more online content and brand exposure. The voice searches have plenty of potential for businesses looking to grow in 2020.
Mobile and 5G
Canadian businesses will also continue to improve their smartphone usage. They realize that most consumers are using their apps 90% of the time. One of the most important breakthroughs of the year for Canadian companies is the improvement of the mobile usage with 5G technology. Having higher resolution, more reliable bandwidths and more power will allow companies to have fewer interruptions when reaching their consumers. Most will see a large jump in efficiency while creating more profit opportunities for businesses. The industry is supposed to expand to $248 billion by 2028.
