Technology is now increasing at such a fast pace those yearly predictions of trends can look outdated before they even go live as a published article or blog post. As technology advances, it enables even more rapid change and development, causing the acceleration of the speed of change, unless, it will become exponential.
Technology-based careers change at that same rate, however, they do evolve, and the skilled IT professional knows that his or her position will not remain the same. The IT member of the staff of the 21st century will continuously be learning, out of necessity if not wish.
What are we trying to say? It means staying up-to-date with technology trends and business needs to embrace the changes. Also, it means keeping your eyes on the future of your business, to have an idea of the skills needed and the business opportunities it creates.
Listed here are the technology trends you should keep your eyes open for in 2019, and some of the business opportunities created by these trends. The time to key into these trends is now:
1. AI or Artificial Intelligence
AI or Artificial Intelligence has already received so many buzzes recently, but it keeps on being a trend to keep an eye on because of its influence on how we live, play and work; it’s only in the early phases. Also, other branches of Artificial Intelligence have improved, including Machine
Learning, which we’ll go into below. Artificial Intelligence refers to computers systems designed to imitate human intelligence and carry out tasks such as speech or patterns, recognition of images, and decision making. Artificial Intelligence can perform these tasks more accurately and faster than humans.
AI or Artificial Intelligence has been around since 1956 is now commonly used. The truth is, five out of six Americans use Artificial Intelligence services in one form or another on a daily basis, including home personal assistants, ride-sharing apps, streaming services, smartphone personal assistants, smart-home devices, and navigation apps. In addition to consumer use, Artificial Intelligence is used to assess business risk, predict maintenance, scheduled trains, and improve energy efficiency, among several other money-saving tasks.
AI is just one area of what we point out broadly as automation, and thus automation is a trendy topic as a result of potential job loss. Nevertheless, automation is creating business opportunities, especially in the vast field of Artificial intelligence. Business opportunities will be created in programming, development, testing, maintenance, and support, to name a few.
2. Machine Learning
This is a subset of Artificial Intelligence. With Machine Learning, computers are developed to learn to perform the task they’re not programmed to do. They basically learn by discovering insights and patterns from data. Generally, there are two types of learning which are, supervised and unsupervised.
Although Machine Learning is a subset of Artificial Intelligence, we there are also subsets within the domain of Machine Learning, which include neural deep learning, natural language processing (NLP), neural networks. All these subsets provide an opportunity for focusing on a career field that will only thrive.
Machine Learning is increasingly being deployed in different industries, creating an enormous need for skilled experts. The Machine Learning industry is predicted to bloom to $8.81 billion by 2022. Machine Learning and its applications are utilized for data mining, data analytics, and pattern recognition. On business opportunities, Machine Learning powers real-time ads, web search results, and network intrusion detection, to name just a few of the numerous tasks it can perform. In addition to completing numerous tasks on our behalf, it’s generating jobs.
3. Robotic Process Automation
Just like Artificial Intelligence and Machine Learning, RPA, or Robotic Process Automation, is another technological innovation that is creating business opportunities. Robotic Process Automation is the use of the application to automate business processeswhich include dealing with data, processing transactions, interpreting applications, and even replying to emails.
Robotic Process Automation automates repetitive tasks that many of us used to do. They are not just the menial tasks: as much as 45 percent of the things we do can be automated, such as the work of CEOs, doctors, and financial managers.
RPA or Robotic Process Automation is also creating opportunities while changing existing jobs. Maybe you are trying to understand tech trends, Robotic Process Automation offers plenty of business and career opportunities, which includes consultant, developer, business analyst, project manager, and solution architect.
4. Edge Computing
At one time a technology trend to look at, cloud computing has become popular, with major players Amazon Web Services or AWS, Google Cloud and Microsoft Azure dominating the industry. The adoption of cloud computing is increasingly developing, as a growing number of businesses migrate to a cloud solution. However, it is not anymore the rising technology. Edge is. Make way for edge and move over cloud computing.
As the volume of data we are handling continues to increase, we have realized the weaknesses of cloud computing in some circumstances. Edge computing is made to help get rid of some of those issues in an effort to bypass the latency triggered by cloud computing and taking data to a data center for preparation. It can occur “on the edge” if you’ll be closer to where computing needs will take place. Because of this, edge computing is useful to process time-sensitive data in secluded locations with no or limited connection to a centralized location. In those instances, edge computing can function as mini datacenters. Edge computing will grow as the use of
Internet of Things (IoT) devices ramp up. By 2022, the worldwide edge computing industry is forecasted to reach $6.72 billion.
Just like any growing market, this is creating more and more business opportunities.
5. Internet of Thing (IoT)
Even though it sounds like a game you had played on your device, the IoT or Internet of Things is the future. A lot of “things” are increasingly being designed with WiFi connectivity, which means they can be connected to the Web – and to one another. Therefore, the IoT, or Internet of
Thing enables home appliances, cars, devices and a lot more to be linked to an exchange data through the internet. And we are only in the early stages of the Internet of Thing: The number of Internet of Thing devices reached 8.4 billion in 2017 is and are estimated to reach 30 billion devices by 2020.
Businesses and Consumers are already implementing and benefitting from IoT. It is possible to lock our doors in a faraway place if we fail to when we go for work and pre-heat our microwaves on our way home from work, almost all even while hailing a ride with Lyft and keeping track of fitness. But businesses always have much to gain now as well as in the near future. The IoT enables efficiency, better safety, and decision making for businesses as data is gathered and assessed. It can speed up medical care, improve customer service, enable predictive maintenance and offer opportunities we haven’t even dreamed yet.