6 Entrepreneurship Trends Taking Over in 2020

More and more people are achieving their entrepreneurship goals. It is expected that the world of entrepreneurship will continue to grow for 2020 and beyond, since not only are there more people willing to try it and who end up succeeding, if not so well there are more and more needs to meet, more problems to solve, but also added to that, the same advancement in technology and other sectors allows there to be more opportunities to undertake, which if detected early, could be the beginning of building a profitable business.

Who would not like to undertake? Be independent, be able to do what you like and earn what you want. A great reality is that the majority would like it. However, another great reality is that although the majority do, less than half, really intend to try it, of the latter, fewer manage to survive the first year and even fewer are those who succeed.

For these and other reasons is that there are no more people undertaking, either for time, money, fear of so many risks, among others. Surely you wonder how the world of entrepreneurship continues to grow despite everything? And has anything changed in recent years? The answer to both questions is simple: Over the years, various obstacles have diminished for entrepreneurs.

To understand more as the venture has kept growing, see opportunities and decide to take, you mention nine trends in the venture for next year.

Taking into account the previous article that started this series of trends for 2020, which deals with graphic design, in the same way, the trends that you will see below were generated from the review of different sources which will be indicated.

To begin, we will talk about aspects of each business or undertaking that will be improved, also new aspects and innovative resources to facilitate processes and also take into account new needs of the end consumer.

Automation

Automation continues to be a hot trend which will translate to many companies’ success. For example, MGN Logistics, a freight company founded by Matthew Telesca. As an entrepreneur, Telesca was always motivated to manifest innovative business models. His company continues to put forth a remarkable example of integrating automation on operational levels of service in a logistics business.

MGN Logistics remains a one-of-a-kind venture that has automated processing and shipping. Their technological input has revamped an entire chain of command which significantly resulted in the fast-processing of shipments and deliveries.

Low-code

A trend that is going to become fashionable not only in the current year but also in the coming years is the platforms known as Low-code. These platforms are the ones that allow the development of apps faster and easier. Thanks to this trend, all work related to manual programming will be significantly reduced.

‘Hyperautomation’

The world is increasingly automated and dependent on new technologies. For all these reasons, companies try to use the latest technology in improving all their processes and organization in general. Therefore, an important trend in this regard is Robot Process Automation (RPA), which will be key to offering faster and more modern solutions. This system will have an intelligence that is very close to artificial intelligence.

Artificial intelligence

Artificial intelligence is one of the technological concepts that has been working with more force, and it is clear that there is no future without artificial intelligence. Thanks to it, it will be possible to continue improving the interconnections of companies and individuals, making people’s lives easier and achieving more efficient processes in companies. Improving customer multi-experience is key, as is optimizing cybersecurity.

Multi-experience

Multi-experience is the key to the technological field. The objective is to improve the user experience through the five senses and facilitate the organization of companies. An example of this is taking messaging to a higher level, developing all kinds of details that improve the user experience, adding additional value to the simple fact of writing a message.

Transparency

Technology brings numerous benefits, but it is also true that there are many security gaps in it. Therefore, a 2020 trend is the development of greater security that, in addition, transforms into greater control by the user of the information provided. In this way, a clear objective in technological entrepreneurship is transparency to promote trust in companies and individuals.

These five trends in entrepreneurship will mark the year 2020 and probably the years after. In addition to continuing to develop artificial intelligence and all kinds of innovation that facilitate people’s daily lives, it has also become essential to strengthen security, so that both companies and individuals have more confidence in new technologies.