The world today is experiencing rapid technological changes. This evolution of technology has enabled faster changes and progress until it will one day become exponential. Perhaps one of the most significant factors to have made all this evolution is the COVID-19 pandemic.
IT professionals have realized that covid-19 will challenge their roles in a contactless world, but they will constantly be learning, unlearning, and relearning depending on the circumstances. For many ordinary people, this means staying current with the new technology trends.
Here is a list of the top disruptive forces in the technological arena.
1. Artificial Intelligence and Machine Learning
Artificial Intelligence is famous and well known for its superiority in image and speech recognition, navigating apps, smartphone personal assistants, ride-sharing apps, etc. However, its notable effects on how humans live, work, and play are only in the early stages of development.
Machines will use AI to analyze data and provide insights that will help predict demand for critical services such as hospitals. Governments and international bodies can use these predictions to make informed decisions about resource mobilization and utilization and detect the changing customer behavior patterns. The AI market will expand to a tune of $190 billion by the year 2025.
2. Robotic Process Automation (RPA)
RPA is using software to automate business functions such as transactions, handling data, replying to emails, and interpreting applications. Previously these processes were done by people.
According to Forrester Research, RPA will automate over 230 million jobs globally, approximately 9% of the global workforce. It is believed that almost 5% of occupations can be fully automated, and about 60% can be partly automated.
Knowledge in Robotic Process Automation can help secure valuable jobs such as:
• RPA Developer
• RPA Analyst
• RPA Architect
3. Virtual Reality & Augmented Reality
Virtual reality submerges a user in an environment while the Augmented Reality enhances the same. The technology has only been used in gaming and training for the U.S. Navy through VirtualShip software.
The AR and VR market is predicted to grow to a tune of $209.2 billion by 2022. One can use this technology to train doctors to perform surgeries and to enhance theme parks.
4. Blockchain
What comes to mind when people think of blockchain technologies? They possibly relate cryptocurrencies such as Bitcoins to the technology. First, it is secure because no one entity can control data, so there is no need for a third party to validate or oversee transactions.
To get into blockchain technologies, one has to have a rich experience of programming languages, flat databases, data structures, web application development, and networking.