The latest trends are constantly evolving. One of the major changes in storage has been the move from hard drive disk storage, which involves recording information on rotating platters (whether in the optical technology of CDs or magnetic technology) to various forms of solid state drives, ranging from the larger solid state drives installed inside your computer to flash drives. Although solid state memories are more expensive at the moment, they are faster and more durable due to their lack of moving parts.
For printing, there are still two major types of commercially available printer, with ink jets having a lower initial price but higher operating costs and laser printers having lower operating costs and higher speed but higher initial costs. Dot matrix printers have become obsolete for most applications. Both laser and inkjet printers have improved in dots per inch and ability to render colors.
In the processor area, the major areas of improvement are in parallel processing and designs with multiple processors.
Will we ever be truly paperless? I doubt it. I do think we have the potential to be completely wireless very soon though. The key is in battery life. We have to increase the battery life of devices so that they almost never need to be recharged, and have ways to recharge them quickly and wirelessly. This will make us much more efficient.
One recent trend in the business world, due largely to the fact that hard drive memory has gotten so much smaller and less expensive that in years past, is that companies have emerged that do nothing but backup information for businesses, on a daily basis, for very low prices. Since the backup is done to a remote location, often far from where the business is located, fires, computer crashes, data loss, etc. become irrelevant. The information is always safe. In this way smaller businesses especially do not have to rely on their own tech staff, or that of a tech company to bail them out when their system goes down. These services are quite reasonably priced, and competition is increasing.