Latest Trends in IT and Its Impact on Outsourcing
                     Latest Trends in IT and Its Impact on Outsourcing
Satya K Vivek
Writes for Gadgeon.com, IT outsourcing services 
and product engineering services.
 
With the competition in the IT sector constantly on the rise, companies 
are becoming increasingly reliant on outsourced services. By 2026, IT 
outsourcing is likely to have a market volume of around USD 552 billion. 
The yearly growth rate (CAGR 2021 to 2026) from 2021 onwards is 
projected to be around 8.9%. Needless to say, IT outsourcing wouldn’t go 
out of trend anytime soon. While this has an impact on the IT sector, 
current IT trends have their impacts on outsourcing too. 
Among the current IT trends that have been gaining momentum, the 
following are likely to grow rapidly soon. These technologies would 
witness widespread usage, and would naturally, have an impact on IT 
outsourcing. 
Cloud computing will become even more popular 
The growth of cloud computing is one of the biggest IT trends today. 
Organizations are constantly trying to move their on-premises 
infrastructure to the cloud for greater efficiency. Based on current trends, 
it seems that the cloud computing market would continue to grow rapidly 
with CAGR in high teens. With a growing number of businesses adopting 
cloud computing, this is a golden opportunity for outsourced service 
providers. 
Increased focus on artificial intelligence
Companies of every scale have started incorporating artificial intelligence 
in their products and services. Quite essentially, AI has played a pivotal 
role in the development of various products as we know them today. 
From entertainment apps to large software solutions deployed by 
governments, AI is everywhere. For IT investors and outsourced service 
providers, AI is easily one of the fields that many companies are focusing 
on for competitive advantage.
Machine learning automation
With AI witnessing huge growth in popularity and usage, it comes as no 
surprise that machine learning automation has done the same. Machine 
learning entails technologies that enable computers to learn things 
without programming them through learning methodologies. Machine 
learning automation has found application in the industrial segment and 
consumer products alike. This has led to a growing number of companies 
outsourcing expert services in this field. 
Robotics expands to various sectors
Robotics has become surprisingly common across different sectors. 
Machines programmed to perform specific tasks offer a much cheaper 
alternative to human labor. With businesses trying to curtail their costs 
constantly, it is only normal that robotics would keep gaining significance. 
In addition, robotics offers a way to maintain high quality production with 
high efficiency which helps protect brand reputation of the manufactured 
products. However, this is an extremely niche field that calls for a high 
level of expertise and diverse resources. Many companies are relying on 
outsourced services for their Robotics needs.
Blockchain technology to be widely implemented
Blockchain technologies are going to see widespread adoption across 
businesses. It is the decentralized nature of Blockchain that makes it so 
popular and convenient. This makes deriving value from data in the form 
of business intelligence (BI) much easier. Companies outsourcing cloud 
storage and IT functions often also adopt Blockchain technology. 
Conclusion
IT trends are always changing and would continue to do so. However, the 
five trends listed above are likely to remain strong in the near future. 
Outsourced service providers should focus not only on these areas but 
keep an eye out for new trends in IT outsourcing.
About Gadgeon
Gadgeon is known for its expertise in Industrial IoT and engineering 
excellence. We connect devices, operations, and processes to create 
business value, and revolutionize enterprises with the power of data. As 
an end-to-end technology services company, we successfully enabled the 
digital journey of customers with critical digital services ranging from 
embedded systems, cloud app development, mobile app development, 
data & analytics, application modernization, emerging technology based 
solutions, and testing & test automation across the industries such as 
connected factory, telecom & datacom, digital healthcare, CSPs, and 
home & building automation.
Thank you for time in reading this article!