Virtusa creates Tech Trend Almanac to help companies improve investment ROI

Virtusa xLabs, the global consultancy’s digital innovation hub, has identified the top 10 tech trends likely to impact business within the next five years.

The xLabs team analysed 40 reports from leading analysts, futurologists, consultants, and industry influencers – i n cluding the l ikes of Gart n e r, Fast Co, and Forrester – and correlated the data to identify the top themes and innovations that will impact digital transformation within enterprise.

The results revealed that alongside areas such as blockchain and AI, the future will see ‘ emotional quotients,’ ‘ engin e e red empat hy. ’ and ‘transcendent realties,’ among others, hit businesses hard, the company said in a media release.

The Trend Almanac details each of these evolutions; taking into account both the human and tech perspectives to help businesses prepare for the incoming wave of digital disruption and know where best to invest.

“The Almanac – inspired by Marty McFly and Co. – offers a view into the future that can help our clients make informed investment decisions,” said Senthil Ravindran, EVP & Global Head, xLabs at Virtusa in the release.

“Our focus at xLabs is wholly on innovation, so it is vital to stay on top of emerging technologies we can experiment with in the lab. However, we recognise it’s a huge struggle for businesses to stay on top of the mountain of information available. There are so many reports it’s almost impossible for businesses to find one single point of truth – this is what the Almanac addresses. It was evident when analysing all the trend data that variations on the same themes and elements crop up time and again; taking a step back to consider all these reports as a collective helped us to understand which trends are most likely to shape our future view of the world.”

Virtusa analysed 40 complete reports and then drew out key findings based on 12 top reports from leading sources.