10 Current trends in IT industry
10 Current trends in IT industry
Technological advancements have become a force to reckon with over the years, and it keeps advancing, 2020 will be no different. IT industry is expected its way to reach $5.2 trillion in 2020. Below are some of the current ten tends in IT industry.
Autonomous like robotics, autonomous vehicles, and drones are being developed along with AI solutions. As the development of AI technologies keeps progressing, autonomous things get more brains of their own to interact and establish some inter-relations with complex systems. Today, we see self-driven cars that are capable of image recognition, voice recognition to follow commands, geolocation tracking for making routes on roads, and many other things technologies. And we don’t see this trend coming to a halt anytime soon, and it will continue growing significantly.
Human augmentation is described as a process where humans’ physical and cognitive abilities are strengthened. This technology enhances human’s capabilities beyond their current capability. Human augmentation changes what it is to be human, it enhances human’s ability to think and decide better.
Internet of Things
IOT – Many products are now built with Wi-Fi connectivity, which means you can connect them to the internet and establish a connection between them. The Internet of Things has and will continue enabling devices, cars, home appliances, and many more to be connected to each other and transfer data over the internet. According to a study, the number of IoT devices has reached 8.4 billion in 2017 and it is expected to reach 30 billion devices by this year.
Augmented Reality and Virtual Reality
Virtual Reality (VR) immerses people in an environment and Augment Reality (AR) enhances their environment. AR and VR were among the most prominent trends last year and is even expected to improve this year. Both AR and VR can function in entertainment, training, education, marketing, and so on. You can use any of these two in training doctors to perform surgery, offer tourists a pleasant experience, enhance marketing, theme parks, and many more.
When people hear the word Blockchain, all they think s cryptocurrency such as Bitcoin, Litecoin, etc. It goes beyond that; Blockchain offers security that is useful in many other ways. Dissecting the word Blockchain, it can be described as data you can only add to and not change it or take away from it, that is where the term “chain” comes from, you are making a chain of data and you cannot change the previous blocks. This is what makes Blockchain so secure. It is also among the top trends; this is based on its popularity amongst business-oriented persons!
Cybersecurity has been available for a very long time, it keeps evolving, and it is not going anywhere because cyber threats keep increasing daily. As long as we have black-hat hackers, cyber-security will keep emerging to defend against them.
Edge computing is a distributed computing model which brings computation and data storage closer to the location where it is needed, to improve response times and save bandwidth. Even though cloud computing keeps dominating the market, we still have key players such as AWS (Amazon Web Services), Google Cloud, iCloud, and Microsoft Azure. Edge computing is the new emerging technology, and it is here to stay. Cloud computing can cause some latency in the process of getting data to a data center for processing, and Edge computing is designed to help solve some of these problems. Edge computing can serve as mini data centers and can be used to process time-sensitive data in remote locations that have no way of connecting to a centralized location.
5G is the new mobile broadband that will replace 4G connection. 5G will provide us faster downloads and uploads and the time it takes devices to connect with wireless networks will also decrease. According to Huawei – “5G wireless networks will support 1,000-fold gains in capacity, connections for at least 100 billion devices and a 10 Gb/s individual user experience of extremely low latency, and response times, deployment of these networks will emerge between 2020 and 2030.”
Artificial Intelligence (AI)
AI has received a lot of attention in recent years, and it continues to because it has vast effects on human activities. AI refers to building computers to mimic human intelligence and perform tasks such as image and speech recognition, decision making, and many more. Since it is computers, AI does these tasks faster and more accurately than humans. Artificial intelligence technology keeps evolving rapidly because with AI, computers can process a huge amount of data much faster and can be used to make more accurate predictions than humans would. AI is being used across several industries which include Healthcare, Banking, Education, Retail and e-commerce and so on. AI uses instant analysis to make conclusions on its own by combining information from different sources using sensors, digital data, etc.
In conclusion, new technologies trends are gaining much attention in all industries. We also expect 2020 to become a year of new use cases and many possibilities. With Australia being a highly developed market economically, its ongoing success depends on how the local businesses adopt and improve technologically. With the persistent pace at which technology evolves and changes, it’s simply going to get more stimulating in the future years!