Top 7 Technology Trends for 2020
Technology is constantly updating at such a rapid pace that it seems it is might be faster than light! A technology or a programming language that is making the rounds this week may be obsolete by the next few days! As more and more funds are invested in research and development, computer scientists and professionals are constantly tweaking and improving existing technologies to get the most out of them.
As a result, a new programming language, library, patch, or plug-in gets released almost every hour. To keep up with this crazy pace of development, you have to keep learning the latest technology concepts. We will look at the most trending technologies that you must learn. Learn about the top hottest skills to learn to get a job.
Here are some of the latest technology concepts that are sure to dominate the IT industry in 2020 and the upcoming years –
1. Artificial Intelligence (AI)
Artificial Intelligence Artificial Intelligence, or AI, has already received a lot of buzz in recent years, but it continues to be a trend to watch because its effects on how we live, work, and play are only in the early stages. In addition, other branches of AI have developed, including Machine Learning , Data Science (which we will go into below). AI refers to computer systems built to mimic human intelligence and perform tasks such as recognition of images, speech or patterns, and decision making. AI can do these tasks faster and more accurately than humans.
Five out of six Americans use AI services in one form or another every day, including navigation apps, streaming services, smartphone personal assistants, ride-sharing apps, home personal assistants, and smart home devices. In addition to consumer use, AI is used to schedule trains, assess business risk, predict maintenance, and improve energy efficiency, among many other money-saving tasks.
AI is one part of what we refer to broadly as automation, and automation is a hot topic because of potential job loss. Experts say automation will eliminate 73 million more jobs by 2030. However, automation is creating jobs as well as eliminating them, especially in the field of AI: it is Estimated that jobs in AI will number 23 million by 2020. Jobs will be created in development, programming, testing, support, and maintenance, to name a few. Artificial Intelligence architect is one such job. Some say it will soon rival data scientists in need of skilled professionals.Learn Artificial Intelligence AI Course designed by the industry experts, the program is conducted by Mildaintrainings . Enroll & Get Certified now!
2. Data Science
Next up in the list of latest technology concepts is not surprisingly Data Science. Data Science is the technology that helps to make sense of complicated data. You know that data is produced in a humungous amount every day by companies. This includes business data, sales data, customer profile information, server data, and financial figures.
Most of this data is in the form of huge data sets that are unstructured. The role of data scientists is to convert these unstructured data sets into structured datasets. Then, these data sets can be analyzed to identify patterns and trends. These patterns are useful for understanding the company’s business performance, customer retention, and how these areas can be improved.
The average salary of a Data Scientist is $117,345/yr. No wonder the Harvard Business Review called it the “sexiest job of 21st Century”. But getting a job in this field will require you to have a thorough understanding of mathematics, statistics, computer science, and programming.
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3. Robotic Process Automation or RPA
Like AI and Machine Learning ,Robotic Process Automation , or RPA , is another technology that is automating jobs. RPA is the use of software to automate business processes such as interpreting applications, processing transactions, dealing with data, and even replying to emails. RPA automates repetitive tasks that people used to do. These are not just the menial tasks of a low-paid worker: up to 45 percent of the activities we do can be automated, including the work of financial managers, doctors, and CEOs.
Although Forrester Research estimates RPA automation will threaten the livelihood of 230 million or more knowledge workers or approximately 9 percent of the global workforce, RPA is also creating new jobs while altering existing jobs. McKinsey finds that less than 5 percent of occupations can be totally automated, but about 60 percent can be partially automated.
For you as an IT professional looking to the future and trying to understand technology trends, RPA offers plenty of career opportunities, including developer, project manager, business analyst, solution architect, and consultant. And these jobs pay well. if you’re keen on learning and pursuing a career in RPA , the Introduction to Robotic Process Automation (RPA) course should be the next step you take to kickstart an RPA career.
4. Internet of Things
The IoT (Internet of Things) is a network of devices that are connected to each other. Their devices caninteract and share data with each other. These devices may be connected via WiFi, and they share data about their environments and how they are being used. These devices have a computer chip that facilitates this exchange.
It is predicted that more than 41 billion devices powered by IoT will be used by 2025.
IoT not only enables the connection between different devices but also their remote access. For example, you lock doors of your car remotely, preheat your ovens and geysers. The FitBit that you use for tracking the number of calories you burn also runs on IoT technology. IoT chips embedded on machines help businesses to assess the performance of those machines and assist in their maintenance.
IoT refers to a networked computing environment that enables devices able to monitor, record and report data, as well as allows users to interact with devices, perform actions remotely or use a stream of useful information when performing tasks. Learn about risks of unsecured enterprise and home IoT devices connecting to the Internet and able to share the information they generate. Enroll & Get Certified now!
5. Edge Computing
Formerly a technology trend to watch, cloud computing has become mainstream, with major players AWS (Amazon Web Services), Microsoft Azure and Google Cloud dominating the market. The adoption of cloud computing is still growing, as more and more businesses migrate to a cloud solution. But it’s no longer the emerging technology.
As the quantity of data we’re dealing with continues to increase, we’ve realized the shortcomings of cloud computing in some situations. Edge computing is designed to help solve some of those problems as a way to bypass the latency caused by cloud computing and getting data to a data center for processing. It can exist “on the edge,” if you will, closer to where computing needs to happen. For this reason, edge computing can be used to process time-sensitive data in remote locations with limited or no connectivity to a centralized location. In those situations, edge computing can act like mini datacenters. Edge computing will increase as the use of the Internet of Things (IoT) devices increases. By 2022, the global edge computing market is expected to reach $6.72 billion. As with any growing market, this will create various jobs, primarily for software engineers.
Blockchain is the foundational technology that powers electronic currencies such as Cryptocurrencies. In simple terms, a Blockchain is an electronic ledger that can be shared among different users. This helps in creating a record of transactions that cannot be altered. Each of these records is time-stamped and linked to the previous one.
So every time a new transaction is added to the ledger, it is stored as another block in the chain of transactions – hence the name. Blockchain is updated after the different parties contributing to the ledger agree. After new data is fed into a block, it cannot be erased. This makes technology verifiable and secure.
This validation of transactions helps companies reduce their costs as no third party has to be paid. The system is very secure and there is no need for paying for centralized entities, as the technology is decentralized. Transactions are easier to track using Blockchain.
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Cybersecurity might not seem like emerging technology, given that it has been around for a while, but it is evolving just as other technologies are. That’s in part because threats are constantly new. The malevolent hackers who are trying to illegally access data are not going to give up any time soon, and they will continue to find ways to get through even the toughest security measures. It’s also in part because new technology is being adapted to enhance security. As long as we have hackers, we will have cyber security as an emerging technology because it will constantly evolve to defend against those hackers.
As proof of the strong need for cybersecurity professionals, the number of cybersecurity jobs is growing three times faster than other tech jobs. However, we’re falling short when it comes to filling those jobs. As a result, it’s predicted that we will have 3.5 million unfilled cybersecurity jobs by 2021.
Many cybersecurity jobs pay six-figure incomes, and roles can range from the ethical hacker to security engineer to Chief Security Officer, offering a promising career path for someone who wants to get into and stick with this domain.
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