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Technology lately has been emerging as one of the most prominent things for human growth. Technology is one of the factors that show our evolution from where we were and where we stand as a human race now, today’s technology has reached its supreme level and it is the base infrastructure for all major firms to stand on.
There are thousands of new technology trends that hit the market on daily basis but only a few sustain. Those few have the potential to change the way that things work (for good). There has been a constant change in the way things or businesses perform because of the new technology trends that are being discovered on regular basis.
let us discuss few of them-
1. Quantum Computing
Quantum computing is one of the most prominent emerging technologies that help harness the laws of quantum mechanics that help to solve problems that is too complex for classical computers to solve.
Quantum computers are very different from the classical computers that have been around for more than half a century now.
Why do we need quantum computers?
For some problems supercomputers are not super enough to solve them themselves, here is where the quantum computers kick in. When engineers and scientists come across difficult problems, they turn to their supercomputers. These are very large classical computer that has thousands of classical CPU and GPU cores. However, even these computers will not be able to solve certain problems. These computers tend to fail when given a high degree of complexity.
Complex problems are those problems that have a high number of variables interacting in complicated ways. So here is where quantum computing comes in, quantum computing takes in these complex problems and creates multi-dimensional spaces where the patterns linking each data point emerge. This helps in solving those problems that are too complicated for supercomputers to solve.
Quantum computers are now a thousand times faster than regular computers and huge brands like Microsoft, Google, AWS, Honeywell, and Spunk are now getting involved in taking quantum computing to the next level. The revenue for the global quantum computing market is set to excel at 2.5 billion by the year 2029. And to get yourself marked in this new trending technology you have to gain experience in information theory, probability, quantum mechanics, linear algebra, and machine learning.
2. Artificial intelligence (AI) & Machine learning
Artificial intelligence or AI has already received a lot of fuzz in the last decade, but still, it perishes to be one of the most emerging new technology trends because of its effects on how we do our day-to-day things on daily basis. AI is already known for its superiority in Smartphone personal assistants, navigation apps, speech recognition and so much more.
Artificial intelligence is set to be known as the simulation of human intelligence that is processed by machines, especially computers. Specific applications of AI include natural language processing, expert systems, Machine vision, and speech recognition.
How does AI work?
AI works on a foundation of specialized software and hardware for writing and training machine learning algorithms. AI is not synonymous with one programming language instead it has a few, including Python, R, and Java, which are popular
Below are some of the significant AI applications disrupting major industries:
- Retail and E-commerce
- Healthcare
- Banking and financial services
- Real estate
- Travel
- Food tech
- Entertainment and gaming
- Manufacturing
- Logistics and transportation
3. Machine Learning:
Machine learning is the subset of AI, that is being deployed in all kinds of industries, and this creates an enormous demand for it. Forrester predicts AI, skilled professionals, automation, and machine learning will create 9 percent of new U.S. jobs by 2025, these jobs will include data scientists, content curators, automation specialists, and robot monitoring professionals, making it another new technology trend for you to emerge in.
Also Read: What is COBIT in IT Governance? Key Concepts and Benefits
What is Machine Learning?
Machine learning is said to be an application of AI. This can be stated as the process of using mathematical models of data which helps the computer learn without direct instruction. This allows the computer system to continue learning and improving on its own, based on its experience.
Proficiency in AI and machine learning will help you secure jobs in:
- AI engineer
- AI architect
- AI research scientist
- Machine learning engineer
4. 5G
The next technology trend that follows AI and machine learning is 5G. Currently, 3G and 4G networks have enabled us to use the internet, and data-driven services, and have also increased the bandwidths for streaming on Netflix, Hotstar and so many more online applications, 5G services are said to transform our lives. authorizing services that rely on AR and VR, alongside cloud-based gaming services. It is said to be used in factories, and cameras to help improve traffic and safety management.
5G is one of the most advanced technology trends that have the potential to change the way the internet is being used. Huge companies like Nokia corp., apple, and T-Mobile, are now thriving in creating 5G applications. 5g networks are said to cover 40% of the world by the year 2024, handling 25% of the mobile data. This makes it one of the most emerging technology trends that we all have to watch out for.
5G is a network that is being developed by several companies within the mobile ecosystem. These companies are contributing to bringing 5G to life. Qualcomm has played a major role in giving life to this 5G network and getting it to where it stands now.
To know more about 5G reach out to: https://www.qualcomm.com/5g/what-is-5g
5. Cyber security
Cybersecurity might not exactly feel like an emerging technology trend, but it has been in the market for quite a while now. And it has been evolving and constantly achieving the purpose that it was created. Cyber security is a technology that was mainly bought into the market because of the constant new threats that are seen in the market. There are malicious hackers who are persistently trying to access the data illegally and they do not tend to give up that easily. And they will continue to find different ways to do what they do best, and this is where cyber security comes it acts like a wall that stands in between the hackers and private data.
As a result of all these problems that are being been being perused in the market cyber technology is one of the most important technology trends in recent times. The number of cyber security jobs is growing three times faster than other jobs. According to the research currently done in 605, organizations will use cyber security as the base determinant in all their business engagements.
Roles that can be earned through cyber security:
- Malware analyst
- Security Engineer
- Ethical hacker
- Chief security officer=
6. Block chain:
Blockchain can be stated as a shared immutable ledger, it facilitates the process of recording transactions and also tracks assets in the business network. The asset can be tangible (i.e. house, car building, furniture and etc) or intangible (branding, patent, copyrights, and intellectual property).
There are four types of blockchains:
- Hybrid Blockchain
- Public Blockchain
- Private Blockchain
- Consortium Blockchain
Hybrid blockchain:
Hybrid blockchain is considered as blockchains that are being controlled by a single organization, but it comes with a level of malfunction performed by the public blockchain, which is needed to perform certain transaction validations eg IBM food trust.
Public blockchain:
A public blockchain can be stated as a decentralized blockchain, these blockchains will allow anyone to join. Public blockchain will allow any one of its nodes to have equal rights in accessing the blockchain.
Private blockchain:
Private blockchains can also be stated as managed blockchains, these blockchains are controlled by a single organization. In this blockchain, the centralized blockchain will have the authority to determine who to be a node.
Consortium Blockchain:
A consortium blockchain can be stated as a blockchain that is governed by a group of organizations rather than one. Setting up a consortium blockchain has its own cons where it is a process that requires cooperation between different numbers of organizations.
KEY TAKEAWAYS
- Blockchain can also be stated as a type of shared database that differs from other databases through the way it stores the information; blockchain tends to store data in blocks that are linked together via cryptography.
- When new data comes in, it is entered into a fresh block. Once the data is filled into the block, it will be chained onto the previous block; this will help the data to be chained together in chronological order.
- Many types of information can be stored in a blockchain, but the most commonly stored information is the ledger for transactions.
- In bitcoin blockchain is being used in a decentralized manner for all users to have equal control.
To know more about blockchain reach out to: https://en.wikipedia.org/wiki/Blockchain
7. Robotics & Autonomous Systems:
Robotics is one of the most prominent and upcoming technology trends of 2022. Robotics mainly consists of a branch of technology that deals with the design, construction, and operations of robots. A robot is typically a machine that is mainly controlled by an internal or external computer that carries out complex series of movements automatically. There are wide selections of robots available. From basic to autonomous vehicle-mounted robots. These robots are equipped with visual, audio, and tactile sensors making them one of the best technology trend to be found.
Robots perform a variety of jobs within factories such as:
- Welding
- Painting
- Pick and place
- CNC milling
- Material Handling
- Parts assembly
- Palletising
- Machine tool tending
Robots can also be used instead of humans when it comes to working in dangerous environments that include hazardous areas environment, harmful vapors and gases, and areas that are filled with radioactive material.
The main advantage of a robot is its adaptability and flexibility, they are also said to be prominent when it comes to designing an automated system with mixed products and requirements. They also can multitask at the same time making them one of the most important technology trends of recent ages.
8. Internet of Things:
In the past, recent years internet of things has become one of the most important technologies of this century. In recent times we can connect our everyday objects such as cars, kitchen appliances, baby monitors, and thermostats to the internet via different devices, this enables seamless communications between things, people, and processes
Through different ways of low-cost computing the cloud, analytics, big data, and mobile technologies physical things will be able to share and collect data with minimal human intervention. And in such a hyper-connected world, digital systems will be able to monitor, record, and adjust each communication between connected things.
What is the purpose of the internet of things?
The reason behind this internet of things is to produce devices that can self-report in real-time, this improves efficiency and helps bring important information to the surface, much faster instead of the system depending on human intervention.The internet of things in itself will describe the network of physical objects or things that are being embedded with software, sensors, and other technology to connect and exchange data with other devices and systems through the internet making this one of the most important technology trends in this list.
Also Read: What is COBIT in IT Governance? Key Concepts and Benefits
Technologies that have made the internet of things possible:
- Cloud computing platforms
- Machine learning and analytics
- Connectivity
- Conversational artificial intelligence (AI)
9. Edge computing:
Edge computing was invented in the year 1997 by a computer scientist named Brian noble. He demonstrated the ways that mobile technology can use edge computing for speech recognition. ane a few years after that this method was used to extend the battery life of mobile phones.
Edge computing can be stated as a stack of distributed computing frameworks that gets the enterprise applications adjacent to data sources such as local edge servers and internet of things devices. This amount of proximity to data at its source can deliver strong business benefits that include improved response, faster insights, and better bandwidth availability.
Who uses edge computing?
There are two main networks of users that use edge computing technology they are system integrators and network managers. They require a drop-in connectivity for them to link their devices across their IoT networks and establish edge computing functionality for data management and optimal system performance
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5 benefits of edge computing:
- With improved speed and reduced latency, through its design and definition edge computing, will eliminate the need to move data from their endpoints to the cloud and back again.
- Reliability and resiliency
- Scalability
- Improves privacy and security protections
- Reduces operational costs.
10. Virtual reality and augmented reality
Here comes the next new technology trend – virtual reality, augmented reality, and extended reality virtual reality will tend to immerse the user in an environment whereas augmented reality will enhance their environment. This technology has only been used in gaming thus far. And it is also used in a virtual ship simulation software that is used in training u.s. navy, coast guard, and army captains.
What is the need for virtual reality?
Virtual reality will allow its users to create an interactive, simulated, and specifically designed environment for its users.
It is designed in order for specific reasons to create an experience and also human interactions.
VR tends to enhance the user experience up to the next level with its fully interactive and immersive technology. Making this one of the most interesting and recent technology trends.
Why do we need AR?
Augmented reality allows its users to process the digital and physical simultaneously which eliminates the need to mentally bridge the two.
The ultimate motto of augmented reality is for its user to not distinguish the difference between the real world and the virtual data that is superimposing it. Augmented reality can be used in a wide range of sectors, for instance, it can be used in education, entertainment, military, medicine, communication, and many other sectors. Making this one of the most prominent new technology trends.
Difference between AR and VR: https://sopa.tulane.edu/blog/whats-difference-between-ar-and-vr
11. Big data and analytics:
In the current era, money fuels the world to spin, and people are busy with economical activities.
The subtle source of all the activities is based on data and information, data is spread everywhere and in all the events. So let’s talk about Big data analytics is a versatile procedure that involves analyzing a huge load of data to unravel information, which helps in creating market strategies, research, economical plans and etc.
Uses of big data analytics
- Easy interactions with cx– with data analytics we get to know the cx better, and it helps to create marketing strategies to earn profit.
- promotion– helps to reach the audience, in a more personal way, which increases the business potential.
- Personalized products – helps create products and services for the targeted CX, which will touch the core of customer needs and satisfaction.
- Cost management – helps in the optimization of the resources and to use the resources the maximum.
- Lower risk– data analysis gives a skeleton system for the business, which shows a pathway for growth by forecasting future events and trends which in turn reduces the risk of downfall.
Benefits:
- Easy to get into the market with the necessary guidelines.
- Fast growth in the field of business.
- Saves money, the most important thing.
Applications:
- Tracking Customer Spending Habits, Shopping Behavior. The whole e-commerce tracks the CX’s activities and gives insight into the CX’s needs and wants and also CX’s financial status.
- Suggestions – by getting CX information, we can pitch for sales and services that CX prefers which results in mutual benefit.
- Virtual assistance- automated cx service tools are created with data analytics, e.g. Siri and Google, Alexa.
Final words:
Even though there are so many different kinds of technology trends that hit the market on a daily basis these above-listed 10 new technology trends have the potential to change the foreseeable future of human kind. Technology can be compared to soil where there is an infinite number of seeds put into the soil for it to ripe and become plants but only a few sustain the process and grow as trees in the same way there are so many technologies out there in the open world but only a few has potential and strength to change the way human life works for eternity.
FAQs
According to me all of the above-listed technology trends are equally important for human growth in their own infinite ways.
These new and emerging technology trends help business organizations to thrive in many ways such as cyber security this will enable the business organization to safe guard its data from malicious users.
The first and foremost thing to understand to implement new technology is to understand the need in the market, understand what the requirements of business organizations are, and deliver accordingly.
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