Technology inspires us every day! It is evolving at a rapid speed, stimulating more instantaneous shift and progress, causing an acceleration of the pace of change. Although, it is not only emerging technologies that are evolving; a lot more has changed in the last two years due to COVID-19, causing IT professionals to realise that their roles will be different in the contactless world hereafter. Here are five technology trends you must learn and implement to stay ahead in the race.
1. Blockchain If you are into cryptocurrency, you know what I am talking about. Yet, Blockchain has grown to have several different applications since then. Blockchain is important because it is entirely consensus-driven and never under a single entity's control. This technology can never change the data stored and is used widely in the healthcare industry for sharing data. Due to its high-security feature, the data is shared seamlessly among people. It maintains the processing integrity of payment systems and is highly immune to data breaches. For that reason, organisations avail the benefit of Blockchain. And so should you.
2. 5G Undoubtedly, 5G is one of the top 5 emerging technologies and will find its place in the market very soon for its high spend internet, lower latency, and higher capacities. 5G services will revolutionise human life by enabling services that rely on advanced technologies like Augmented reality (AR) and Virtual Reality (VR) besides cloud-based gaming services. Additionally, it is anticipated to be utilised in industries, HD cameras that aid in traffic management and safety, smart retail and smart grid control. It is anticipated that 5G will download a movie in just 3.5 seconds. By 2027, it is expected to reach 4.4B, making it an emerging technology trend one must watch out for and save a spot in.
3. Artificial Intelligence (AI) and Machine Learning (ML) Artificial Intelligence (AI) has already received its buzz in the last decade and still continues to be a new technology trend because of its significant effects on how we live, work and play. It is known for its supremacy in image and speech recognition, smartphone personal assistants, navigation apps, ride-sharing apps, and much more. To forecast demand for services like hospitals and help decision-makers better allocate resources, AI will also be used to analyse interactions to uncover underlying connections and insights. It will also detect changing customer behaviour patterns by analysing data almost instantly, boosting sales and improving personalised experiences. Machine Learning (ML), the subset of AI. It is also being deployed in all industries, creating a massive demand for skilled professionals. Forrester predicts AI and ML will create 9% of new jobs in the U.S.