Top Trends Driving Growth in IT / Tech

technology growth drivers

The information age ensures that technology mutates at a rapid pace. Emerging vistas aim at making technology more advanced, yet simple enough to enhance the end-user experience. The race is continuously on to create something larger, more real, and useful.

When time is always flying at a furious pace, technology has also constantly stayed ahead. Unforeseen circumstances like the Covid-19 pandemic have involuntarily provided a boost to digital technology industries in the past two years. While we are always checking for something to happen, some technological trends catch up and become ubiquitous in no time.

Here is a list of five top trends that have been leaders and are growing in strength exponentially.

Artificial Intelligence (AI) and Machine Learning (ML)

AI and ML, as they are commonly called, are apps that drive speech and image recognition software. They are also extensively used in navigation and voice- application oriented devices like Siri and Alexa. AI is predictive, initiates common sense, drives toward decision-making, and is used for customer interactions. ML is part of AI and is used to improve and enhance the learning ability of the device, like Facebook’s automatic friend suggestions, or Google’s search algorithms.

Robotic Process Automation (RPA)

RPA uses multiple software and applications to identify and extract data, navigate systems and automate huge data collection thereby freeing human personnel for other productive tasks. It streamlines workflow making organizations profitable, flexible, and responsive. Any repetitive tasks across all industries that were previously manual have become smoother and faster. RPA aims at business efficiency, merging service and technology.

Virtual Reality (VR) and Augmented Reality (AR)

VR and AR have been popular for over a decade now and are an integral part of all computer and mobile games. They are designed to bring a simulated reality to the user. VR creates a virtual environment, whereas AR enhances a real-world scene. They both specialize in immersive experiences and are being used extensively in computer and mobile games, ad campaigns, educational software, navigational aids, and even in post-injury rehabilitation in the medical field.

Internet of Things (IoT)

This technological sphere has attracted research and development, thus proving to be one of the most business-oriented trends. When devices connect with each other, multiple operations work in harmony. This trend can be in play from a minuscule hub such as a room or a house to huge networks working together. IoT provides businesses to examine how their systems really work, it helps automate processes and saves time, energy and money. It is used widely in homes, offices, factories, agricultural farms, in wearable devices, and inventory management, to name a few.

5G Growth

The fifth generation/5G mobile network is designed to connect the world together. It comes with never-before-experienced internet speeds of up to 1000Mbps and seamless global internet connectivity. 5G offers businesses using IoT to function faster and more efficiently. AR and VR and cloud-based gaming experiences also get better. Every technological trend will benefit from 5G because it promises to improve every surface it touches. The gaming industry, OTT platforms, software deliverable industries, and the broadcast media worlds will all benefit, and so will the everyday smartphone user.

Conclusion

These trends promise to be forerunners where major career shaping and technology shaping for the future.

Investment in these disciplines will help businesses stay relevant, evolve, and grow. Each of these trends will deliver further advancing leaps in the coming times. Cutting-edge technology is born out of innovation and a burning desire for improvement of the globe, betterment of industries and the workforce, and the ultimate empowerment of the end user.

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