4 Top Technology Trends for 2020…and 2 That Are on Their Way Out

2020 kicks off a shiny new decade and with that comes a lot of speculation about where technology is headed. In addition, the world has had a chance to take stock of the current technology and decide what we’re ready to get rid of. Why do technology trends matter? Because as consumers become more educated about various technology topics, they’re going to be looking to your site to be on trend. If it’s not, you may lose business as a competitor is waiting in the wings to scoop up that customer.

Blockchain Technology

Hammersmith Support preaches about security regularly, because it really is that important! Blockchain technology is the evolution of security on several levels. While somewhat complicated to explain, the concept is revolutionary for not just financial industries but all sensitive information. To break it down, a blockchain is a group of time-stamped, fixed / immutable records managed by a cluster of computers not owned by a single entity. What makes this special is that the process creates a record that cannot be copied because you would have to copy the entire history of the record, which has been bound to other records and transferred from multiple computers.

Beyond security, blockchain technology eliminates the need for a processing fee as any company can use it; it’s not owned by one company or individual. By eliminating the middle man, budgeting for transaction costs changes significantly.

Mobile Optimization

With over half of the world’s 3.9 billion internet users accessing sites from a mobile device, it makes sense that ensuring your website is optimized for mobile viewing is a top priority. So, how do you know if your site is ready for mobile viewing? Simple, open it up on your mobile device! Check each area. Do the menus work? Are the images sized appropriately? Are all the same links visible and easy to click?

5G Networks

Have you utilized a 5G WiFi network? The fifth generation of wireless internet is a lightning fast, cellular-based network that provides faster internet speeds and a simpler set up process. In addition, 5G uses significantly less energy than do older WiFi networks.

Accessibility

Having your business website accessible to all differently-abled users is crucial to business. Not only are 15% of users working with a disability, but more businesses are seeing discrimination lawsuits over the inability for everyone to access a website. Disabilities can be anything from dyslexia to physical disabilities, but simple changes to your site can make it accessible for everyone. Tab navigation, text that is able to be converted, and alt text are all small changes that make your website better for all users.

Now that we’ve talked about some of the new things to look for this year, let’s take a look at a couple of things that are on their way out…

Payment Apps

Payment apps themselves aren’t going anywhere, but the plethora of apps available will be. Consumers are finding it harder to utilize the benefits of the apps such as check splitting, because those features are only available if everyone is using the same app.

Streaming Services

Much like payment apps, consumers are not fans of the abundance of subscription-based streaming services. If a consumer had Netflix ($11.99), Amazon Prime ($12.99), Disney+ ($6.99), and Apple TV ($4.99), the total for streaming services alone (excluding the cost for the internet needed for streaming) would be nearly $40 a month or $480 a year. Look for services to begin bundling to save consumers some coin.