The Silicon Review - Best Business Review Magazine 10 Best IT Services Companies 2019 | Page 50

IT Services: Changing Gears I “All modern technologies inevitably affect one another; therefore they’re developing hand-in-hand.” – Experts nformation Technology (IT) has revolutionised operational efficacies across industries. It has made an impact in delivering progressive outcomes while cutting operational costs. Several years ago, it was mandatory for tech companies to have their own IT unit in order to operate at the optimum level; although not all companies had one especially the start-ups. When it was noticed that most of the tech companies didn’t have an IT unit in place; that’s how IT services sector came to the fore as a separate domain. This sector showed promising growth over the years and still continues to deliver profound results. 50 As mentioned, there was a shift from having a separate IT unit per company (major IT companies) to the emergence of a new domain that has been addressing IT concerns companies (mostly start-ups) face. In this scenario, a company outsources its IT services to another company; the service company’s team travels to its customers’ march 2019 location. Today, the scenario is changing again. The shift from delivering conventional IT services at the customers’ location to operating these services remotely – has changed the industry drastically. The introduction of delivering IT services via Cloud is taken the industry by storm. Cloud computing is expected to expand its influence: 73 percent of companies have at least one application or part of their computing infrastructure already in the cloud. And the remaining 17 percent are all set to do the same within the next 24 months, according to a survey conducted by IDG. The survey also states that 42 percent of companies are using multi-clouds. All modern technologies inevitably affect one another; therefore they’re developing hand-in-hand. It’s evident that development in one area stimulates improvements in the other. For instance, mobile internet facilitates IoT development as it depends on cloud computing. Following is a list of trendiest IT developments that are set to change the industry landscape this year: The rise of Artificial Intelligence (AI): AI has impacted IT services sector at a broader scale. From the food industry, travel, to manufacturing, AI continues to expand its presence. For instance, bots have defined the travel industry; it has become convenient for travellers to book the tickets and plan their holidays in advance error-free. 5G Launch: Among the other IT trends in 2019, the launch of 5G will enhance the possibilities of delivering IT services at a faster speed: It will provide 10x faster internet services than 4G. The other IT trends that will rule 2019 include quantum computing, blockchain etc. SR