Most non-profit organizations manage information and data on computer and online applications, so it is important make note of trends that can change the technological landscape.
Awareness of these emerging trends can help non-profits integrate powerful new technology into their organizations potentially propelling them to new levels of both efficiency and effectiveness. Below are 4 technology trends expected to take off within the next few years.
IoT
As more devices are connected to the Internet, the IoT grows larger and will cause a data explosion. By 2020, 75 billion devices will be connected to the Internet, meaning more collection of data. And more data means a need for more computing power. Non-profits will have to think of ways to harness this data to best benefit their organizations.
Automation
Robots, algorithms, and automated machines are replacing many common and repetitive work tasks usually performed by humans. Companies such as Amazon are increasingly implementing automation to reduce human errors, improve sales, optimize employee performance, and save on expenses.
AI
Computers are now programmed to learn as humans do, and like automation, can undertake more human tasks. The data explosion coming from the IoT allows AI to become more advanced and accurate. You may not realize that AI is already behind facial recognition software, social media, and home assistants such as Google Home and Alexa.
Blockchain
More companies are considering blockchain solutions for their security issues. 90 percent of major European and North American banks are looking into blockchain technology, which “is a very practical solution to the problem of storing, authenticating and protecting data,” as explained in a Forbes article. The healthcare, financial, and insurance industries are predicted to heavily implement blockchain as well.
These technology trends will also present new challenges and force organizations to create new security methods.
For example, the increase of data and use of automation may require changes in compliance regulations and, consequently, data backup strategies. Keep an eye out on how these trends are evolving and how they might affect your non-profit in the future.
