Technology Trends in 2021 ?
A substantial digital revolution is taking place all over the world. Innovation, agility, and market development are all accelerated by technological advancements. The Covid-19 pandemic accelerated digitization and automation, allowing companies to remain resilient even in adversity. Many businesses adopted disruptive technologies and modified their business models. Some of the Rapid increasing technology’s in this century are:
Blockchain
5G
Quantum Computing
Virtual Reality and Augmented Reality
Machine Learning
Robotics and Automation
Cybersecurity
Artificial Intelligence (AI)
Internet of Things (IoT) etc.
Blockchain
Blockchain technology has provided us the most popular product ‘Bitcoin (block explorer service)’ which is a type of cryptocurrency and functions as a public ledger for all transactions happening on the network, as well as cryptocurrency wallet. Companies are using Blockchain technology to transform time-consuming, centralized, less reliable and less secure systems. Walmart has been a blockchain enthusiast for a very long time. In reality, the company is using IBM’s supply chain technology — Hyper-ledger Fabric platform to back up their supply chain process. In future, everything will be digital and there is a great scope of Blockchain
5G
The next technology trend that follows the IoT is 5G. Where 3G and 4G technologies have enabled us to browse the internet, use data driven services, increased bandwidths for streaming on Spotify or YouTube and so much more, 5G services are expected to revolutionize our lives. by enabling services that rely on advanced technologies like AR and VR, alongside cloud based gaming services like Google Stadia, NVidia GeForce Now and much more. It is expected to be used in factories, HD cameras that help improve safety and traffic management, smart grid control and smart retail too.
Just about every telecom company like Jio, Airtel, Verizon, Tmobile, Apple, Nokia Corp, Qualcomm, are now working on creating 5G applications. 5G services are expected to launch worldwide in 2021 with more than 50 operators offering services in about 30 countries by the end of 2021, making it a new technology trend you must watch out for, and also save a spot in.
Quantum Computing
Next remarkable technology trend is quantum computing, which is a form of computing that takes advantage of quantum phenomena like superposition and quantum entanglement. This amazing technology trend is also involved in preventing the spread of the coronavirus, and to develop potential vaccines, thanks to its ability to easily query, monitor, analyze and act on data, regardless of the source. Another field where quantum computing is finding applications in banking and finance, to manage credit risk, for high-frequency trading and fraud detection.
Quantum computers are now a multitude times faster than regular computers and huge brands like Splunk, Honeywell, Microsoft, AWS, Google and many others are now involved in making innovations in the field of Quantum Computing. The revenues for the global quantum computing market are projected to surpass $2.5 billion by 2029. And to make a mark in this new trending technology, you need to have experience with quantum mechanics, linear algebra, probability, information theory, and machine learning.
Virtual Reality and Augmented Reality
Augmented reality is an interactive experience of real-world environment and overlays digital content and information onto the physical world — as if they’re actually there with you, in your own space. AR helps us to see the real-world experience in digital content.
This technology is used by many organizations to train doctors, nurses, teachers, gaming, 3D-view etc. For future of AR mobile industry is a great scope for development. From smartphones accessing GPS to wearable technologies ranging from Google Glass to Apple i Watch, AR will be expressed by specific apps.
Machine Learning
Because of new computing technologies, machine learning today is not like machine learning of the past. It was born from pattern recognition and the theory that computers can learn without being programmed to perform specific tasks; researchers interested in artificial intelligence wanted to see if computers could learn from data. The iterative aspect of machine learning is important because as models are exposed to new data, they are able to independently adapt. They learn from previous computations to produce reliable, repeatable decisions and results. It’s a science that’s not new — but one that has gained fresh momentum.
Robotics and Automation
Today, robots can perform some functions without considerable human intervention with the help of automated technologies to execute iterative tasks. Robotics and Automation is a combined technology of designing, creating robots and perform the tasks using machines and programmed computer software. In fact, automated machines are expected to replace almost half of the global workforce. Automation will be a key focus of technological change in future from devices at home to industrial applications on a massive scale.
Cybersecurity
In future, the data will grow in zettabytes in the world. The cybersecurity professionals are expected to protect the data, organization’s online assets. It includes a file, network, firewalls, detection of vulnerabilities, monitoring of the activities, identifying the problem and its solution, recover from an attack, disaster recovery and backup plans, and so forth.
Artificial Intelligence (AI)
“The least scary future I can think of is one where we have at least democratized AI… [also] when there’s an evil dictator, that human is going to die. But for an AI, there would be no death. It would live forever. And then you’d have an immortal dictator from which we can never escape.”
–said by Elon Musk
In future AI is going to cover almost every job sector. It can create new career paths in the field of Machine learning, Data mining, and analysis, AI software development, program management, and testing. In future, there will be a great demand of AI certified professionals.
Internet of Things (IoT)
IOT is the ability to transfer data over a network without requiring human-to-human or human-to-computer interaction. It’s digital intelligence to add sensors and connecting them with devices to communicate real-time data without the involvement of human being. IOT is making the world around us smarter and more responsive, merging the digital and physical environments. IOT proves to have a huge scope as it provides a unique opportunity for businesses to turn data into insights.
Technology trends have the potential to drive significant disruption and deliver significant opportunity. It also encompasses one’s ability to recognize and understand the usefulness of any such technology for the success of his business.