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Technology
Tech
Justin Hurst

Opinion | Coronavirus, cloud and climate - technology dominated the C-Suite in 2020, expect more of the same in 2021

  • Digital acceleration will continue to shape the tech and business landscape into 2021
  • Organisations will need the agility to shift their strategies and spending on a quarter-by-quarter basis

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Companies want cloud-like capabilities but need to keep optionality and flexibility. Photo: Handout

This year has been one of shocks and rapid change, reshaping the way we work and with technology at the forefront of this new normal.

For example, the fintech and financial services industries in Hong Kong are now forming new innovation teams to securely enable remote operations, maintain business continuity, and ensure the resilience of their systems in the event of another unforeseen disruption.

With Hong Kong experiencing a number of such disruptions in the last year, hiring and retaining IT specialists is also becoming more difficult and costly as specialists eye opportunities in other geographies.

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Organisations that adjusted quickly were able to weather the storm and come out on top; whereas others have struggled to keep pace with the digital acceleration required to survive.

This digital acceleration will continue to shape the tech and business landscape into 2021. To help organisations prepare, here are the top trends that I expect to shape the next 12 months.

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Strategy implementation will require agility as enterprises and governments cope with scattered return to growth

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