Technology has evolved immensely in the last 15 years, causing rapid changes. These changes have produced incredible results for the consumer and set the standards high for upcoming tech. Here are just three emerging trends you should look out for this year:
Machine Learning (ML) and Artificial Intelligence (AI)
Without a doubt, AI has been a hot topic for the past decade, and its importance has grown ever since. Even though it is still technically in its early phases, AI has noticeably changed the way we live and work. Moreover, AI is famous for its superb functionality in navigation applications, ride applications, image and speech recognition, smart devices, personal assistants, neurology, and more.
In the future, enhanced AI functions will be used to monitor and determine insights, help forecast different demands (like hospitals and police), inform local authorities for better decision-making, and discern the ever-changing patterns of consumer behavior by monitoring data in real-time.
Machine Learning, the branch of AI, is also the latest trend to follow as it’s being deployed in multiple kinds of digital industries. Acquiring AI and ML skills will help score AI architects, engineers, among many others, various types of fun new jobs.
RPA (Robotic Process Automation)
RPA helps automate jobs. As such, many business processes use software automation, including processing transactions, analyzing data, and replying to major emails. RPA helps automate redundant tasks that businesses used to perform.
RPA also offers career opportunities like RPA developer, project manager, business analyst, etc. According to Forrester Research, more than 60% of jobs can be partially automated, while 5% can be fully automated.
Quantum Computing (QC)
QC deals with the working of quantum entanglement and superposition. This technological trend also helps prevent the spread of pandemics and develop potential vaccinations to contain them with its ability to question, observe, analyze, and work on data.
Furthermore, QC is used in financial applications and banking to handle finance, credit risk, fraud detection, and high-frequency trading. The revenue of QC is depicted to be more than $2 billion by the end of 2029.