
Tom Mc Inerney
17 Mar 2023
Trends for originations looking to grow
When businesses are looking for growth, technology inevitably provides and answer.
These are our top 3 trends coming to the market and the impact they will have
Artificial Inteligence
Cloud Hosting
Cyber Security
Artificial Inteligence (AI)
Likely the most dramatic change since the introduction of the internet, the power of AI comes from its ability to be applied to all areas of buisness. As AI develops it's offering the quickest way of implementing it is focused on specific administrative workloads, such as reviewing content, starting some notes for a presentation which are then tweaked (avoiding white page syndrome)
Those in growth mode can use already baked AI tools for specific administrative elements which would otherwise require resource and take time.
Cloud Hosting
This continues to be a major growth area for many who move from their legacy hosting enviroments to cloud. However, many have now discovered just how expensive it is to operate in the cloud, especially when they don't compare it to the fully factored costs of hosting in house (people often don't include the human elements, or items such as power and heat since an office building may already be in use)
Those in growth mode can continue to use cloud hosting to achieve high scale and redundancy without having to invest capital.
Cyber Security
The risks of an attack continue to be a hidden threat, bad actors now activly comb for businesses without the correct protection in place.