2021 Trend Almanac: Technologies and trends that will dominate the business and consumer landscape. Get instant access
EVP - Global Head of Cloud Transformation
It’s been a trying year for businesses since we launched our third annual Trend Almanac in 2020. Since that time, the world as we know it has changed dramatically—in the blink of an eye businesses were forced to embrace agile processes, launching remote workforces overnight and serving customers through video conferencing services such as Zoom. Simultaneously, they needed to identify and roll out new tools and embrace new best practices while maintaining the infrastructure needed to enable it all.
Now as we approach spring 2021, businesses are breathing a collective sigh of relief as the end of the COVID-19 pandemic draws closer. But reverting back to the “business as usual” approach of 12 months ago is no longer an option. The rules have changed. Consider these statistics from Forrester:
There is good news—the keys thriving in this new era are available to all companies regardless of their size, maturity and industry. These elements include technologies such as artificial intelligence (AI), virtual reality (VR) and edge computing as well as new best practices and processes such as lean innovation and more.
Now it’s incumbent on businesses to sift through their options and identify their path, the one that can enable success in new post-pandemic era. That’s our hope with this year’s Trend Almanac, to start these critical conversations and provide some focus. The seven trends that we identified include:
These seven trends all part of the new normal playbook and clearly many there are other which business will need to consider. In fact, at the conclusion of the almanac, we have included a poll question, asking about the technologies you believe will be most vital to your organization. This survey is part of our effort to spur business transformation focused discussions within your company and the larger community.
I’m looking forward to reading these answers and keeping this discussion moving.
View the full 2021 Trend Alamanac here
Senthilkumar Ravindran is Executive Vice President and Global Head of xLabs at Virtusa Corp. He brings close to 20 years of unparalleled experience in Architecture Design, Business Consulting, Delivery Management and Solutions Sales. After working with Top Tier BFSI clients, Senthil has acquired a deep understanding of fintech disruptors and accelerators from both technological and business model standpoints.
A veteran in the fintech space, Senthil has started his career in the consultant role at TATA Consultancy Services before moving on to Polaris Consulting. Throughout his career, Senthil was elbows-deep in several strategic initiatives. He was instrumental in building the sales capacity planning project using non-Linear optimization techniques. He led the research and development of critical solutions for credit and market risk and regulation in investment banking and he took active part in the strategic transformation programme, bridging a key gap in cash management modernization for a leading UK bank.
As xLabs’ global leader, Senthil is setting new standards for banking system transformation via cutting edge Digital Technologies such as Blockchain, Cloud, Analytics, Mobile and Social. His focus is on re-imagining Banking and assisting clients in solving pressing business and technological problems. His motivation comes from the unshakable belief that positive and substantial business disruption happens when new technologies blend flawlessly with the right Digital Transformation approach.
Senthil has an avid interest in cryptocurrencies and disruptive technologies.
He holds an Engineer’s Degree, Electrical & Electronics from the Shanmugha Arts, Science, Technology and Research Academy in India.
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