Emerging IT Trends to Watch Out For

Business | June 27, 2023

In an ever-changing technological landscape, staying informed about emerging IT trends is critical. The ability to adapt and embrace these changes could provide businesses and individuals with a competitive advantage in a technology-driven world. Here are several emerging IT trends to watch as we move forward.

1. Artificial Intelligence and Machine Learning

Artificial Intelligence, or AI, is rapidly changing how we live, work, and play. This cutting-edge technology has proven superior in areas such as image and speech recognition, navigation apps, smartphone personal assistants, ride-sharing apps, and more. But AI’s potential goes even further by using it to analyze interactions and predict service demand, detect customer behavior patterns, and drive revenues by enhancing personalized experiences.

As the AI market continues to expand, expectations are for it to become a $190 billion industry by 2025, with global spending on cognitive and AI systems reaching over $57 billion in 2023. This growth also means numerous job opportunities in development, programming, testing, support, and maintenance. AI roles offer some of the highest salaries today, ranging from over $125,000 per year for a machine learning engineer to $145,000 for an AI architect.

Machine Learning, a subset of AI, is rapidly becoming a key player across all industries, increasing the demand for skilled professionals. Forrester predicts that AI, machine learning, and automation will create 9 percent of new U.S. jobs by 2025, including roles such as robot monitoring professionals, data scientists, automation specialists, and content curators. Keep your eye on these exciting new technology trends shaping our future.

2. Augmented Reality (AR) and Virtual Reality (VR)

Discover How AR and VR are Revolutionizing Digital Information Experience. From virtual shopping experiences to surgical simulations and car safety testing, AR and VR deliver fully immersive experiences. These innovative technologies are transforming the gaming and entertainment industry, and new healthcare, education, and manufacturing opportunities are just around the corner. Explore the endless possibilities of AR and VR today.

3. Quantum Computing

Another emerging trend, Quantum Computing, is a revolutionary technology that can solve problems beyond what traditional computers can handle. By utilizing specially designed algorithms, this cutting-edge technology can process large volumes of data and perform complex calculations at lightning-fast speeds. Imagine the possibilities in cryptography, materials science, and drug discovery. This technology is poised to be a game-changer and is still only in its early stages.

4. Edge Computing

As the popularity of Internet of Things (IoT) devices continues to soar, there is an acute need for faster data processing and reduced latency giving rise to Edge Computing. This game-changing technology allows computation to be decentralized and brought closer to the source of data generation. As a result, businesses can enjoy real-time insights and improved performance like never before.

5. Cybersecurity Mesh

The rapid expansion of our digital presence has led to an increasingly complex and diverse threat landscape. Cybersecurity Mesh has emerged to combat this, challenging traditional security methods by focusing on individual identities rather than centralized systems. By implementing this approach, we can more effectively manage the risks associated with remote work and distributed networks. Stay ahead of the game with Cybersecurity Mesh.

6. Blockchain Technology

Blockchain technology extends beyond cryptocurrencies such as Bitcoin and Ethereum. Its decentralized, transparent, and immutable attributes provide numerous benefits across supply chain management, healthcare, and finance industries. Including innovative contract features based on code automatically enforced agreements remove the need for intermediaries and improve efficiency and trust.

7. Robotic Process Automation (RPA)

The revolutionary technology of Robotic Process Automation (RPA) has empowered businesses to enhance and expedite their operations. By utilizing the power of Artificial Intelligence (AI) and Machine Learning (ML), RPA automates repetitive tasks susceptible to human error, making processes more efficient and increasing overall productivity. From data entry to customer service, RPA has revolutionized how various industries conduct business.

8. 5G Technology

5G is the next game-changing technology trend after the IoT. 3G and 4G introduced unprecedented levels of connectivity and streaming capabilities. But 5G services will take things to another level entirely. It is poised to revolutionize our lives with advanced features such as AR and VR support, cloud-based gaming, and more. Not just limited to entertainment; it will find uses in security cameras, traffic management, retail, and power grids. Telecom giants like Tmobile, Verizon, Nokia Corp, and Apple are already working on 5G applications. With 4.4 billion 5G network subscriptions predicted by 2027, it is a trend you must pay attention to. Join the revolution today.

9. Distributed Cloud

Distributed Cloud is a modern solution that spreads public cloud services across several locations. At the same time, the original provider remains accountable for operating, governing, updating, and advancing the system. This approach merges the advantages of both private and public clouds, providing unmatched flexibility, scalability, and reduced latency.

10. Privacy-Enhancing Computation

Privacy-Enhancing Computation is the answer to the growing data privacy concerns. It allows for secure data processing, analysis, and storage without compromising confidentiality, enabling safe data collaboration. In a rapidly changing technology landscape, staying informed about the latest trends is crucial. Being informed will give you a competitive edge and enable you to seize opportunities presented by technological advancements.

 

Want to know more about Emerging IT Trends?

Contact EMPIST today and find out how we can help you stay in the know, ahead of the curve, and secure.

 

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