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Digitalization Trends Are Transforming Global Business Operations and Management Processes

 

New Opportunities and Challenges Abound as Companies Embrace the Future

The continuing global expansion of Information Communications Technology (ICT), along with new market dynamics, consumer usage patterns and global competitive forces, are all adding fuel to the trend towards digitalization of virtually everything. Let’s take a look at some of the key trends.

Key Trends Behind the Digitalization Revolution

Disruptive Applications are Empowering Consumer-Driven Markets

New disruptive applications are giving consumers unprecedented power to demand personalized offerings and in response, companies need new agile, scalable, and flexible systems to satisfy their customers and drive market growth while maintaining profitability. As consumers increasingly expect personalized products and services, companies must adapt quickly and intelligently to succeed.

Rich Content and Big Data are Straining Network Infrastructures

Over recent years, video conferencing, streaming services, e-commerce, home delivery platforms, supply chain logistics management, and virtual healthcare applications have all been operating at record-high levels and generating huge amounts of data that threaten to strain the internet’s overall capacity. This unplanned stress testing, combined with the upgrades to 5G mobile, have underscored the need to improve and expand ICT infrastructures.

The Internet of Things (IoT) is Multiplying Connectivity and Bandwidth Demands

Already, there are over 30 billion internet-connected devices in the world, including computers, smartphones, TVs, tablets, and the fast-growing Internet of Things (IoT) category. IoT currently accounts for more than 10 billion connected devices, such as health trackers, smart-home devices, smart vehicles, and the rapidly rising usage of IoT devices for industrial and supply chain applications. It is estimated that the number of IoT devices alone will surpass 25.4 billion by 2030.

Companies Must Improve Overall Productivity to Remain Competitive

Amid all these trends, companies throughout the world are also facing escalating competition, both from their traditional competitors and new “digitally born” disruptive start-ups. In such a dynamically changing environment, standing still is a recipe for failure. Most companies understand the stakes and are proactively investing in new technologies for digitalization and Industry 4.0, including cloud-based software, hyperscale hosting platforms, and highly integrated finance and operations systems.

Summary

As a trusted supplier and technology innovation partner with a long track record of serving the communications and computing equipment industry, as well as corporate users of network systems, Interplex is playing a key role in the next wave of infrastructure evolution and is helping to pave the way for new digitalization initiatives.

Whether our customers’ requirements include innovative new enclosures, power sources, cooling and thermal solutions or module level integration with high density interconnects, custom high-speed connectors, Interplex continually rises to these new challenges by creating new innovative products and design approaches to solve them. We also play a key role in the enablement of the Internet of Things (IoT) revolution through our product initiatives in the Single-Pair Ethernet (SPE) arena.

Interplex is proud to collaborate with both system makers and enterprise customers in the creation of digitalization solutions that span the whole spectrum from network systems throughout the global internet and telecom infrastructures, to the application servers that deliver services, and mobile devices where consumers access new digitalized content.

For more information about solutions for digitalization, visit Interplex at www.interplex.com or drop us an email at communications@interplex.com.

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