With the ongoing loom of the Covid-19 pandemic, organizations bear the brunt of technology challenges to fathom!

Technology is progressing and so are the challenges that surround it. These challenges grow multi-fold if we take into consideration the concerns that come from Covid-19 pandemic and business resiliency bottlenecks. From the perspective of information security, risk management, data security and big data are the biggest challenges that businesses need to overcome concerning how to protect their data. As Businesses grapple with the new normal post the pandemic, here are the 10 Technology Challenges to Conquer for Digital Transformation–

• Internet of Things

Electronic tagging and tracking of objects and people with bar codes, RFID devices and other technologies leave public data open about an individual's locations, movements and status. "Internet of Things" is on the cusp of becoming reality. While it may offer many benefits to businesses, the privacy issues posed by the Internet of Things are similar to the issues surrounding "Big Data."

• Cloud Computing

Cloud computing continues to show a great promise to assure major cost savings for businesses and convenience for consumers. Concerns of privacy and data security in the cloud will be a critical bottleneck for businesses. Yet, as more software applications and other computing resources are hosted and accessed online in the "cloud," data privacy and security risks would increase, contracting and licensing norms are evolving getting complex and increasingly difficult to manage.

• Open Source Architecture

Non-proprietary open source software applications have a lot to offer which include costs savings, but compliance with open source license terms would prove to be tricky. The use of open-source software can compromise ownership of company software, if not handled properly.

• Data Protection

Forward-thinking organizations are now implementing privacy by design in their products, but making sure those efforts meet GDPR standards is a long-debated concern. Google, for example, just saw a record fine by French regulators over how the company collects the French user's data.

• Data Security Challenges

Data security concerns posed by technological advances will be a significant concern in the year ahead. Data-related issues permeate across the enterprises. Leaving data pipelines exposed means data spillage, increasing the possibilities for data breaches. While data regulations continue to raise data standards for security practices, dynamic enterprises also expect greater accountability for these standards.

• Big Data

This is the world of Big Data, computer and connected device users create over 2.5 quintillion bytes of data daily! Technologies to analyse, use, and, in some cases, commercialize such vast amounts of data will be a priority These devices would begin to be more widely deployed. However, the significant productivity gains and commercial opportunities would be offset by serious security concerns and encroachments on privacy. Major issues will include who should control and be compensated for such data.

• Social Data Privacy

Widespread business use of social media tools communication which stakeholders must fathom with each other to honour data governance and acceptable practices. This would ensure compliance with applicable terms. Though many legal pitfalls exist, including failure to comply with relevant FTC guidelines and inadvertent infringements of third-party intellectual property rights when posting content. Social data privacy concerns cannot be ruled out.

• Multi-cloud security

When exploring new cloud-based services, CIOs now need to ask about security across multiple platforms, as they move about to the cloud for business continuity. Public, Private and Hybrid cloud security will be of main concern.

• Mobile Payments

Several consumer surveys studies and surveys point that if businesses keep a better track of mobile network and customer keep a better vigilance over their phone malicious phone payments, misdirected payments, unauthorized access and account balance mistakes can be tracked and taken care of.

• Wearable Technology

Google Glass, computer watches and other wearable computing devices push the boundary of mobile computing even further than the wonders of the current smartphones and tablets. They integrate biometric monitoring to offer potential conveniences but all these come with additional risks involved. The privacy, security and liability issues with such devices will likely miniature concerns that are raised by our non-wearable mobile handsets.