Today's technology is advancing rapidly, allowing for faster change and advancement, causing the rate of change to accelerate until it eventually becomes exponential. However, it's not just technology trends and cutting edge technologies that are evolving. A lot more has changed this year due to the COVID-19 outbreak, so IT pros are realizing their role in tomorrow's contactless world will not stay the same. And an IT expert in 2020-21 will constantly learn, unlearn and learn anew (out of necessity, if not out of desire).
what does that mean to you? It means staying up to date with new technology trends. And it means keeping an eye on the future to know what skills you will need to secure a safe job tomorrow and even learn how to get there. Everyone is bowing to the global pandemic, most of the global IT population is leaning back and working from home. And if you're looking to make the most of your time at home, here are the top ten new technology trends to watch out for and try out in 2021 to potentially save one of the jobs these new technology trends will create.
Data Science
Data science is a universe in itself. It is a systematic study of raw data and making insightful observations. From those observations, one can take relevant actions to establish a goal. Data acquisition, data cleaning, feature engineering, modeling, and visualization are some major parts of this universe.
Artificial Intelligence (AI) and Machine Learning
Artificial Intelligence (AI) has already generated a lot of buzz in the last decade, but it remains one of the new technology trends as the effects it has on our lives, work, and play are only felt at an early stage. AI is already known for its superiority in image and speech recognition, navigation apps, personal assistants for smartphones, carpooling, and much more.
In addition, AI will continue to be used to analyze interactions to discover underlying contexts and insights, to predict demand for services such as hospitals, to help authorities make better decisions about resource use, and to understand changing patterns of customer behavior Real-time, real-time revenue growth, and personalized experience enhancement by analyzing data in close proximity.
The AI souk will grow to $ 190 billion by 2025, with worldwide spending on cognitive and AI systems reaching over $ 57 billion in 2021. With the spread of AI in different sectors, new jobs are being created in development, programming, testing, support, and maintenance, to name a few. On the flip side, AI also offers some of the highest salaries, ranging from over $ 1.25,000 per year (machine learning engineer) to up to $ 145,000 per year (AI architect) today - making it the best new technology trend that you have to watch out for!
Machine learning, the subset of AI, is also used in all industries, which creates an enormous need for qualified specialists. Forrester predicts that AI, machine learning, and computerization will make 9 percent of new jobs in the U.S. by 2025, including robotic surveillance professionals, data scientists, automation specialists, and content curators. This is another new technology trend that you need to consider too!
Robotic Process Automation
Like AI and machine learning, Robotic Process Automation (RPA) is another technology that automates jobs. RPA is the exploitation of software to mechanize business processes such as interpreting applications, processing transactions, handling data, and even answering emails. RPA automates repetitive tasks that used to be done.
Although Forrester Research estimates that RPA automation will jeopardize the livelihoods of 230 million or more knowledge workers or about 9 percent of the global workforce, RPA is also creating new jobs and transforming existing jobs. McKinsey notes that less than 5 percent of occupations can be fully automated, but about 60 percent can be partially automated.
For you as an Information technology professional looking to the prospect and trying to understand new technology trends, RPA offers numerous career opportunities, including developer, project manager, business analyst, solution architect, and consultant. And these jobs pay off well. An RPA developer can makeover £ 534,000 a year - this is the next technology trend to keep an eye out for!
Edge Computing
Cloud computing used to be a new technology trend and has become mainstream. The main players AWS (Amazon Web Services), Microsoft Azure, and Google Cloud Platform dominate the market. The acceptance of cloud computing continues to grow as more and more companies migrate to a cloud solution. However, it is no longer an emerging technology trend. Edge is.
As the amount of data businesses deal with continues to grow, in some situations they have recognized the shortcomings of cloud computing. Edge computing was designed to solve some of these problems and bypass the latency caused by cloud computing and move data to a data center for processing. It can exist if you will, “on the edge,” closer to where computing needs to take place. Because of this, edge computing can be used to process time-sensitive data at remote locations with limited or no connectivity to a central location. In such situations, frame computing can act as a small data center.
Edge computing will increase as the use of IoT (Internet of Things) devices increases. The global edge computing market is projected to reach $ 6.72 billion by 2022. And this new technology trend should only grow and not fewer and create different jobs, especially for software developers.
Quantum Computing
The next notable technology trend is quantum computing, a form of computing that uses quantum phenomena such as superposition and quantum entanglement. This amazing technology trend is also helping to prevent the spread of the coronavirus and developing potential vaccines as data can be easily queried, monitored, analyzed, and processed regardless of the source. Another area where quantum computing has applications is in banking and finance for managing credit risk for high-frequency trading and fraud detection.
Quantum computers are now many times faster than regular computers, and big brands like Splunk, Honeywell, Microsoft, AWS, Google, and many others are now involved in innovations in the quantum computing field. Revenues for the universal quantum computing market are probable to exceed $ 2.5 billion by 2029. To make a name for yourself in this new trending technology, you must have experience in quantum mechanics, linear algebra, probability, information theory, and machine learning.
Virtual Reality and Augmented Reality
The next notable technological trend is quantum computing, a form of computation that uses quantum phenomena such as quantum superposition and entanglement. This amazing technological trend is also helping prevent the spread of the coronavirus and develop potential vaccines, as data can be easily queried, monitored, analyzed, and processed regardless of the source. Another area in which quantum computing has applications in banking and finance for credit risk management for high-frequency trading and fraud detection.
Quantum computers are now several times faster than conventional computers, and big brands like Splunk, Honeywell, Microsoft, AWS, Google, and many others are now involved in innovations in the field of quantum computers. Global quantum computing market revenues are expected to exceed $ 2.5 billion by 2029. To make a name for yourself in this new trending technology, you must have experience in quantum mechanics, linear algebra, probability, information theory, and machine learning.
Blockchain
Although most people think of blockchain technology in terms of cryptocurrencies like Bitcoin, blockchain provides security that is useful in many other ways. In the simplest case, blockchain can be described as data that you can only add, not remove, or change. Hence the term "chain" because you are creating a data chain. Not being able to change the previous blocks is what makes them so safe. In addition, blockchains are consensus-driven so that no one can take control of the data. With blockchain, you don't need a trusted third party to monitor or validate transactions.
Blockchain is being incorporated and implemented in several industries, and as the use of blockchain technology increases, so too does the need for qualified specialists. A bird's eye view of a blockchain developer who specializes in developing and implementing architectures and solutions using blockchain technology. The average annual salary for a blockchain developer is £ 469,000.
If you are fascinated by blockchain and its applications and want to start your career in this trending technology, this is the right time to start. To get started with blockchain, you must have hands-on experience with programming languages, the basics of OOPS, flat and relational databases, data structures, web app development, and networking.
Internet of Things
Another promising new technology trend is the IoT. Many “things” are now created with WiFi connectivity, which means they can be connected to the Internet and each other. Hence the Internet of Things or IoT. The Internet of Things is the future and has already made it possible to connect devices, household appliances, cars, and much more with data and exchange data via the Internet.
As consumers, we already use IoT and benefit from it. We can remotely lock our doors if we forget when to go to work and preheat our ovens on the way home from work while also tracking our fitness on our Fitbits. But companies have a lot to gain now and in the near future. The IoT can enable organizations to better secure, operate, and make better decisions when data is collected and analyzed. It can enable predictive maintenance, expedite medical care, improve customer service, and offer benefits we haven't even imagined.
And we are only at the beginning of this new technology trend: According to forecasts, around 50 billion of these IoT devices will be in use worldwide by 2030, creating a huge network of interconnected devices that includes everything from smartphones to kitchen appliances. Global spending on the Internet of Things (IoT) is projected to reach $ 1.1 trillion in 2022. New technologies like 5G are expected to drive market growth in the coming years.
If you want to get into this trending technology, you need to be familiar with the basics of information security, AI and machine learning, networking, the hardware interface, data analysis, automation, and understanding of embedded systems, as well as having devices and design skills.
5G
The next technology trend following the IoT is 5G. Where 3G and 4G technologies have enabled us to surf the internet, use data-driven services, increase bandwidth for streaming on Spotify or YouTube, and much more, 5G services are expected to revolutionize our lives. by enabling services based on advanced technologies such as AR and VR, as well as cloud-based gaming services such as Google Stadia, NVidia GeForce Now and many more. It is expected to be used in factories, HD cameras that will help improve safety and traffic management, smart grid control, and smart retail.
Almost every telecommunications company like Verizon, Tmobile, Apple, Nokia Corp., and Qualcomm is currently working on building 5G applications. 5G services are expected to roll out globally in 2021. By the end of 2021, more than 50 operators will offer services in around 30 countries. This is a new technology trend that you need to watch out for and also secure.
Cyber Security
Cybersecurity doesn't seem like an emerging technology since it's been around for a while, but it's evolving in the same way as other technologies. In part, this is because threats are always new. The malicious hackers trying to illegally access data will not give up anytime soon and will continue to find ways to tackle even the toughest security measures. In part, this is because new technologies are being adapted to improve security. As long as we have hackers, cybersecurity will remain a trending technology as it is constantly evolving to defend itself against these hackers.
As facts of the strong need for cybersecurity professionals, the number of cybersecurity jobs is growing three times faster than other tech jobs. Also, the need for adequate cybersecurity is so great that $ 6 trillion will be spent on cybersecurity worldwide by 2021.
You need to note that as challenging as the field may be, it also offers lucrative six-figure income. The roles can range from ethical hackers to security engineers to chief security officers and offer a promising career path for someone who wants to get into this evergreen environment and stick with the trending technology.
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