Let’s be honest: The digital revolution in the current world is making rapid advancements enabling faster growth and progress.
Not only are the technologies evolving but the outbreak of coronavirus has changed the lives of IT professionals a lot.
What does that mean? It means staying up to date with the current technology trends becomes all the more important now.
Not to mention that a huge number of the global IT population is working from home. And if those individuals want to utilize their time to the best extent, they should look for the top technological trends in 2021.
These Technology trends will surely make the process of innovation and market development easier for them and ultimately benefit their organization.
Are you curious to know what these trends are? If yes, then jump straight into this article and fill yourself with all the answers.
AI and machine learning
Artificial intelligence, also known as AI, has received a lot of recognition in recent years. It is the ability of computers and machines to perform the tasks associated with human beings.
Besides, it gives the facility to the data to do programming with the help of algorithms. You would be surprised to know that with its numerous advantages.
The market of AI is expected to grow to 190 billion US dollars by 2025. This means more jobs in the fields of programming, development, and testing.
To add more, AI is the field that offers one of the highest salaries in today’s times, which is between 125,000 US dollars per year to 145,000 dollars per year.
Machine learning is also one of the trending technologies in the field of data science. It makes use of statistical methods and algorithms to make predictions and to discover key insights.
These insights impact the key growth metrics of the business. As big data is expanding, it is not wrong to say that the demand for data scientists will surely increase in the future.
Internet of things
Another promising technology trends in the field of technology is IoT that is the internet of things. IoT is the network of physical objects embedded with sensors and other technologies aiming to connect and exchange data with other devices over the internet.
Doing all this contributes to adding digital intelligence to the devices. This further makes the devices communicate real-time data without the involvement of humans. IoT is the right way to merge the digital and the physical universe.
There are various examples in which you can benefit from this technology. For example – you can lock the doors of your home remotely if you forget to do so while leaving for work.
For businesses, IoT ensures better safety and efficiency as far as data collection is concerned. It is a great means to speed up medical care and improve medical services.
The next remarkable technology trends are quantum computing. This field puts its central focus on developing computer-based technologies on the rules of quantum theory.
Nowadays, computers can only encode information by taking the value of 1 or 0. But the field of quantum computing uses qubits or quantum bits. The subatomic particles hold the unique ability in making them exist in more than one state.
What’s more, quantum computing has played a key role in the spread of COVID and in the development of vaccines.
Also, the banking and finance industry has witnessed its benefits in terms of managing credit risk and fraud detection.
A fact says that the global quantum computing market will surpass the revenues of 2.5 billion US dollars by 2029. Hence, quantum computing is rightly a great technological development.
Nowadays, cyber security is the much-needed technology in every organization to control and protect systems, networks, and devices.
Explicitly, it protects the organization against unauthorized exploitation of systems. As per a study, the average cost of a data breach in 2020 was 3.86 million US dollars globally and 8.64 million US dollars in the USA only.
A strong cyber security system in every organization is required to keep the hackers at bay.
It provides network security, IT support, cloud security, application security to the company. So, cyber security measures are a must to have in every organization.
5G and enhanced connectivity
The fifth-generation wireless technology brings new things to the platter including lower latency, wider channels, and more bandwidth.
You all know that 3G allows online access on smartphones and 4G allows fast speed when it comes to music or videos. And 5G is the means that can expand anything that is possible.
5G uses augmented and virtual reality to deliver the best results. It is remarkable to note that 5G services are expected to launch by the end of 2021 with over 50 operators offering services in almost 30 countries.
Virtual reality and augmented reality
Virtual reality creates a simulated environment with the help of computers. In this, users get an opportunity to interact with the 3D world.
Moreover, business houses benefit from this technology in a number of ways. For instance – It helps businesses in successfully conducting virtual meetings globally.
It is able to provide official virtual tours of different locations and ultimately provides a competitive advantage to every organization.
Augmented reality is an extended version of the physical world achieved through technology.
The primary goal of augmented reality is to put focus on the features of the physical world, thereby getting the smart insights of real-world applications. Furthermore, nearly 45% of the global population is expected to use augmented reality in the next few years.
To sum it all up
It is needless to say that you should be aware of the above-mentioned technological trends to reap the highest benefits. If you want your business to thrive and have a competitive edge over others, it is the right time to adopt these technologies and get the best results.
At last, Eric Schmidt can’t be more right when he said –
“Everyone gets smarter because of this technology… and the empowerment of people is the secret to technological progress.”