Report: 4 Critical Business Growth Areas in 2022


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Deloitte’s latest report focuses on where companies are nearly two years into the pandemic and what it will take to power the next wave of growth. New efforts need to be made to improve transparency, agility, collaboration, sustainability and digital innovation.

The first growth area is taking the cloud and everything-as-a-service (XaaS) to the next level. As more companies embrace cloud and service-based IT to drive innovation and transformation, and as XaaS providers proliferate, more work is expected to be required to manage the technical and operational complexities of hybrid, multicloud approaches. XaaS will be critical to digital transformation, especially for new solutions and business models.

The second growth area is creating the supply chains of the future. Semiconductor chips and components were scarce in 2021, and while lead times are expected to improve marginally in the second half of 2022, supply chain challenges will not be fully disentangled until 2023. As technology companies continue to recover from pandemic-induced supply chain disruptions, they will proactively prepare for future uncertainty and other systemic risks.

The third area of ​​growth is building the next iteration of the hybrid workforce. Changing attitudes and expectations have led to the “Great Resignation” of 2021. With more experience leveraging a hybrid workforce, technology companies are expected to evolve their culture, accelerate experimentation with collaborative solutions, and develop better approaches to managing tax returns. implications.

The fourth and final growth area is leading the charge to create a sustainable future. The tech industry is working to address critical sustainability issues, but there is mounting pressure from stakeholders and potential changes in environmental, social and governance (ESG) reporting rules, which could push tech companies to focus more on reducing and reversing the environmental impact.

Deloitte’s technology industry outlook for 2022 aims to identify the strategic issues and opportunities that tech organizations need to consider in the coming year, including their impact, key actions to take, and critical questions to ask. The goal is to equip US technology organizations with the information and foresight they need to position themselves for a robust and resilient future.

Read the full report by Deloitte.

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