You want the house to act as you say? Alexa comes to your service! Your overwhelmed inbox is annoying you? Siri is there to clean it up! Do you want to explore the world in a blink? All you have to do is to say, “Hello Google!”. Technology has taken over our daily lives and working styles. We are on the cusp of a technological revolution, and it has revolutionized the way we live, work, and interact.
The fusion of different technologies and automation is transforming the modern world since after the 4th industrial revolution. Just a few decades, you had to search for hours in the library to find a book. Now you can have hundreds of books in your palm by clicking the “search” button. Technology has blurred the lines between digital, material, and biological spheres.
It is quite evident that technological wonders will always propel this transformation. Day-to-day advancements are going to elevate our lifestyles and replace manual efforts with automation. The next decade will undoubtedly escalate even faster. So here is a brief insight into the trending technological facets for you.
1. IT Holds The Globe:
Information technology has been leading the tech revolt since the last decade. You can now automate and modernize your business by integrating IT into your routine procedures. The best part is that you don’t need to be an IT expert yourself for such integrations. Countless service agencies in the market will do that for you. You can find such IT support providers around your town in no time. For instance, people living in Rotherham have to search “IT Support Rotherham” on Google, and they are good to go.
Information technology has brought our dreams to come true. It has enhanced various sectors like education, health, business, governance, and communication, etc. Data analysts, software engineers, and developers are working tirelessly for the revolution of IT. You may witness the combination of management skills and technology everywhere in the business eco-systems.
Advanced search engines and online education now facilitate students. Monitoring and surveillance systems have become more efficient. The field of medicine has taken great benefits from IT. Patient checkups, information exchange, and discussion with other experts have become very easy for doctors. Perhaps, IT has entangled its claws in every corner of the globe.
2. The Advent Of Blockchain
Blockchain technology is another trend that has drawn attention in the recent few years. It is a digitized ledger that is useful to record transactions. These transactions are assumed to be secure due to the decentralized and encrypted nature of blockchain technology. You may have heard its name associated with cryptocurrency. It is a general belief that blockchain is only about cryptocurrency, but it is not the case. Various other fields like healthcare, supply chain, logistics, and advertising involve blockchain technology.
At the beginning of 2019, some economists graded this technology to be overhyped and unreliable. But the continuously growing interest of giants like Tesla, Walmart, IBM, Bitcoin, and Mastercard made it a tech trend. In recent times, the adoption of blockchain by Facebook has created quite a stir in the tech market.
Numerous businesses are tracking blockchain platforms for efficiency in their business strategies. The traits of security, data protection, and transparency have made blockchain so popular in the business sector. According to Statista, the blockchain size of Bitcoin has grown up to 338 Gigabytes till now. Indeed, it is a clear sign that you must quickly catch up with blockchain as a tech trend.
3. Domination of Quantum Computing
Quantum computing was always considered a hypothetical technology. Something very beneficial theoretically, however inconceivable practically. But Google marked the beginning of a new era in the field of Quantum computing in 2019. Google designed quantum computers which solved a problem exceptionally quicker than conventional computers. According to them, if that task were to be solved by Summit, IBM’s most powerful conventional computer, it would have taken 10,000 days. Surprisingly Google’s quantum computer solved it in just 200 seconds.
This event depicted the supremacy of quantum computing in the modern world. Quantum computing uses power from quantum phenomena like superposition and quantum entanglement. Due to its abilities to instantly track, analyze and react to data, It has proved to be the future of computing and an upcoming technological trend.
4. Ever-Growing Artificial Intelligence
Artificial intelligence doesn’t need an introduction to you. The 21st century has been the century of artificial intelligence and machine learning. It has already gained complete control over speech recognition, navigation apps, ride-sharing apps, smartphone personal assistants, and many more. AI will be applied in driverless cars, management systems, forecast and predictions, crime control, and behavior detections.
MarketsandMarkets forecasts the AI industry’s growth of $190 billion by 2025 with a global investment of $57 billion in 2021. Such enormous expansions in its industry will create new employment in many sectors. Even most companies have begun to expedite methods of integrating AI in their management systems. Business firms are employing it to enhance their customer experiences and improve their operations.
It may seem simple to integrate artificial intelligence into your business models, but it’s a hefty task. Service-providing firms are required to assist with it. You have to provide your data to them and pay for their artificially intelligent algorithms. Diverse applications of artificial intelligence can be well-observed in organizational structures of tech whales like Amazon, Google, Microsoft, and Facebook.
5. Closing Thoughts:
We are undoubtedly living in the age of technology, and it is the era of modernization and advancement. Technological transformation is now inevitable for success. The only fruitful reaction to change is to adapt to it. For survival in the market, we must catch up to the change as quickly as we can. Industries and individuals who do not get caught up with these trends are soon to be left behind. We have seen former market leaders like Nokia, IBM, and Yahoo miserably failing because they resisted the change.
On the contrary, business giants of the modern world like Amazon, Microsoft, Apple, and Tesla exhibit adaptation to technological advancements. Understanding the trending technologies will assist businesses in grasping opportunities in a better way. If we succeed in catching up with these trends, it will be a new beginning of never-ending success!