Technology is indeed a fulcrum around which every industry revolves. Be it designing, logistics, engineering, healthcare, food or even law, every industry takes the help of technology to excel.
It is for this reason that the demand for qualified professionals in technology is always on a rise. According to Maryville University, jobs in technology can offer median salaries that are around $100,000 and above.
Let’s learn about the top trends in the IT industry that are set to make a huge impact in 2019 and beyond.
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Artificial intelligence is on constant growth and it won’t slow down for at least the next 18 months. AI-powered by machine learning is set to go mainstream and it will start affecting our everyday lives.
Amazon Alexa and Google Home are two smart examples of AI-powered devices that will make our lives easier. Both these gadgets have already been launched and they will continue to see a sharp rise in their sales.
Interestingly, Gartner predicts that by the end of 2019, there will be more jobs created by AI than being lost. Besides, AI will deliver meaningful value to the businesses who are using it. This will give rise to hyper-personalization where suggestions would be given to the consumers based on their past behaviour and marketing chatbots will be seen everywhere. It will make data analytics more robust and this will further improve the limits of productivity.
Augmented analytics is set to witness a major boom in the business intelligence sector. The demand for skilled data scientists is increasing constantly because businesses are leveraging the power of augmented analytics to streamline tasks, forecasted order flow or customer behaviors and analyzing the strategy of their competitors.
The decision making power will further move away from the hands of C-suite executives and rest with the intelligence of augmented analytics. Every decision will be data backed and this will give rise to the better quality of products, less wastage and more power in the hands of the consumer.
In the words of Wikipedia, digital twins refer to the digital replica of physical assets, people, places, systems and devices that can be used for various purposes.
In simple words, digital twin is a virtual model of a real system. This model works and behaves like the real system. With the help of a digital twin, engineers are able to identify the weak points in the real system. Besides, the model can be used for research and development and testing of new business strategies.
For example, in the area of aeronautical engineering, a prototyped digital twin of an airplane can be tested before it is given a physical reality. The digital twin can help to test the performance and safety features of the airplane thereby saving a lot of money.
Internet of Things (IoT)
2019 will see the real emergence of IoT run market that will effectively operate a wide range of smart devices, networks, and assets.
The next digital transformation will be powered by IoT. With the help of the improvement in the IoT technology, manufacturers will be able to prevent delays and the overall production process will see a major improvement. Moreover, investments in the area of IoT is set to reach 21 trillion dollars by 2021.
However, due to the current model of the IoT, it will remain under constant threat of cyber attacks. This will make security an important aspect of the entire IoT network.
The state of virtual reality will see a major transformation in 2019. You can use VR to create immersive content experiences that can gamify the entire process. Snapchat Lens is a great example of VR in action.
We are expecting higher quality VR headsets like those with higher resolution, wireless technology, better eye-tracking, inside out tracking all at a decreased cost.
The Oculus Rift can be a great way to explore the potentials of gaming as it tracks your body movements and lets you feel the rumble of every impact.
The blockchain is the name given to a digital ledger where transactions are made in bitcoin or any other cryptocurrency. Besides, blockchain is resistant to modification and no hacker can hack it. This means blockchain is a completely secured network.
2019 will witness decentralization of apps and there will be a collaboration between IoT and blockchain. We can expect greater security and scalability in the area of supply chain tracking using blockchain.
Moreover, there will be a high demand for blockchain experts because companies will start to understand this technology and put faith in it. This rise is set to happen because the government agencies will eventually start using blockchain.
If I need to choose one technology that is going to witness a massive growth then it would surely be blockchain. Others are not too far away and every technology will have its own special place. 2018 was indeed a big year in terms of innovation in tech and 2019 will be even better. Companies who will lag behind in terms of adopting new technologies will eventually fall behind.