The past nine months have been full of unforeseen technological advances, from gaming systems and strategies, to waves being made in the e-commerce industry as the entire world moved to fulfil the needs of life in the time of COVID. That said, are these developments simply a result of the pandemic or are they setting down deep roots?
Cool Technology Trends Of 2021
1. Artificial Intelligence (AI) and Machine Learning
Artificial Intelligence (AI) has already gained a lot of popularity in the last ten years. However, it keeps making it onto the list of new technology trends since its impact on how we work, live, and play is only just beginning. AI is, as of now, known for its predominance in speech and image recognition, smartphone personal assistants, navigation apps, ride-sharing applications, and a lot more.
Besides that, AI will also be used to analyse interactions to decide underlying insights and connections. This will assist with predicting demand for services such as hospitals, enabling authorities to settle on better decisions about resource usage, distinguishing the changing patterns of consumer behaviour by dissecting data as close to real-time as possible, driving incomes and improving customized encounters.
The AI market is predicted to grow to a $190 billion industry by as early as 2025, with global spending on intellectual and AI frameworks reaching more than $57 billion in 2021. With AI infiltrating many sectors, new job opportunities will emerge in development, testing, maintenance, and support, and much more.
Then again, AI additionally offers probably some of the highest compensation today, ranging from $1,25,000 each year (machine learning engineer) to $145,000 each year (AI architect). This makes it the top new technology trend you should look out for!
Machine Learning, a subset of AI, is likewise being implemented in a wide range of industries, ensuring an enormous interest for skilled professionals. Forrester predicts machine learning, AI, and automation will create 9% of new jobs in the U.S by 2025. Be that as it may, AI is the latest trending technology since 2020, and it’s not done growing yet!
2. Robotic Process Automation (RPA)
Similar to AI and Machine Learning, RPA is another technology helping to automate. RPA is essentially the use of advanced software to automate the business cycles like interpreting applications, managing data, processing transactions, and answering emails. RPA automates tedious and repetitive tasks that people used to do but perhaps didn’t enjoy very much.
Even though Forrester Research gauges RPA automation will undermine the livelihood of 230 million or more information workers (or roughly 9% of the global workforce), fewer than 5% of occupations can be completely automated. However, only around 60% can be automated partially.
Suppose you’re an IT professional planning for the future and attempting to understand new technology trends. In that case, RPA offers many career opportunities, including engineer, project director, business analyst, consultant, and solution architect. Also, these jobs are incredibly well-paying.
3. Edge Computing
What used to be a new technology trend, cloud computing is now mainstream, with central players such as AWS (Amazon Web Services), Google Cloud Platform, and Microsoft Azure dominating the market. The introduction of cloud computing is still developing as an ever-increasing number of businesses move to a cloud solution.
As the number of data organizers expands, they have understood the weaknesses of cloud computing in certain circumstances. Edge computing helps solve a portion of those issues to bypass the latency brought about by cloud computing and getting data to data centres for processing.
It can exist “on the edge,” nearer to where the computing needs to take place. Thus, edge computing can handle time-sensitive data in remote areas with little or no connectivity to a centralized location. In those circumstances, edge computing can behave like scaled-down data centres.
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