We are talking about "Top 10 Technology Trends in 2020," so let's get started.
1. Machine Learning
Machine Learning is about teaching computers how to do complex tasks without instructions, quantum computers, sensory infrastructure, robotics, and nanotechnology are all based on machine learning as well as AI. One of the common examples of machine learning technology can be chatbots, which is a program that can converse via a chat window and seem human-like in its interaction. The concept of machine learning is based on brain study. Brains are never static; they're in a constant state of being rewritten. Today humans use the information to make decisions, but in the future, it will just be machines making decisions for us. According to indeed.com, machine learning and deep learning engineers are the most popular jobs in 2018 and 2019, the U.S.
Today humans use the information to make decisions, but in the future, it will just be machines making decisions for us. According to indeed.com, machine learning and deep learning engineers are the most popular jobs in 2018 and 2019, the U.S.
LinkedIn's 2018 U.S. emerging jobs report states that the demand for machine learning engineer positions has grown by 12 times.
2. Artificial Intelligence
AI refers to computer systems built to impersonate human intelligence by making complex decisions and performing tasks such as recognition of images, speech, or patterns. The technology can manifest itself in many ways if you have ever asked Alexa to order your food or browse Netflix movie suggestions, you are interacting with AI without realizing it. Soon, AI is expected to become a little less artificial and a lot more intelligent. As AI becomes more capable, it will obviously take on the role of a smart worker. While most of the repetitive and mainly time-oriented tasks can be automated using AI.
We will still need human experts who can build and maintain these synthetic BOTS and work on the strategic and creative aspects of a job. So, in conclusion, AI is a boon that can help optimize any situation; this means that as always, it's not AI versus humans. Instead, it is a combination of humans and AI versus the actual problem statement, so what are you waiting for pull up your socks and get ready to be a part of this AI revolution.
3. 5G Technology
5G stands for the fifth generation standard or 5G for mobile telecommunications. 5G uses a higher frequency band of the wireless spectrum called millimeter wave that allows data to be transferred much faster than the lower frequency band dedicated to 4G. One of the key benefits of this new wireless standard is that 5G speeds will be up to 100X faster than 4G. And it will help create new services and technologies that wouldn't be possible without it. For example, the vast Internet of Things (IoT) industry will need faster and more reliable networks to bring about driverless cars, industrial automation, and connected smart cities, which are all in their infant stages right now.
Some estimates put the total amount of worldwide IoT devices at 75 billion by 2025. But before we get there, wireless carriers need to build out massive 5G networks. Thankfully, many of them have already started taking steps to get there. And very soon we will see that 5G technology will be the top 10 technology trends in 2020 and years to comes.
Blockchain is one of the biggest buzzwords today, and it is considered one of the most promising emerging technologies. A technology that has the potential to transform business. Blockchain is a database or digital ledger of transactions, but this database is different from traditional databases. As we know them in a conventional database, data is stored on a centralized server, with a single Authority empowered to change or delete the data.
In the blockchain, the information is shared across a network of computers that all run on specialized software that ensures all data remains identical, that's not all. Data is secured using cryptography and can only be changed by people authorized to do so.
To know more, we need to understand that the block is a piece of information that is made up of data. It contains a timestamp, which is used to create what is called the hash of the block. It also has the hash of the previous block, there are various kinds of data that can be stored at a block.
Blockchain is like that for each unit of the chain, there is a cryptographically verifiable. Chain of the history of ownership in blockchain the registry is distributed to everybody. This means that anyone check how many units are in circulation? Who owns them? and what the history of their ownership? This transaction is not just verified by one single Authority but by the consensus of multiple users because the information is stored across various computers. It makes it very hard for anyone to change or delete the data without others on the network, noticing the result. The blockchain helps to securely store and validate sensitive information in a way that establishes trust. It can also help to reduce costs, improve speed, and enhance productivity.
Today's world of interconnected gadgets and smart devices has given all of us unprecedented access to information and technological innovation that has disrupted the way we live work and play. While they do make our lives better, they also make us susceptible to cyber attacks. You've likely seen the reports of multi-million dollar bank thefts, yet another million usernames and passwords leaked on the web and scams on the internet involving millions of dollars taken from vulnerable people. These stories are really about the failure to protect systems processes or data, resulting in exploitation by criminals.
If one needs to protect self in cyberspace, cybersecurity is the only option. A successful cybersecurity approach has multiple layers of protection spread across people, systems, networks, programs, or data that one intends to keep safe.
Generally, in an organization, people, processes, and technology need to complement one another to create an effective defense against cyber attacks. Consider these aspects people, employees in organizations must be aware of basic data security principles such as using strong passwords, being mindful of opening unsolicited emails, and backing up data technology. Technology is essential as it provides organizations with security tools to protect themselves from cyberattacks processes.
Organizations must have some cybersecurity framework that reduces their cybersecurity risks and protects their networks of data. They should be able to identify the attacks, protect the systems, including networks and data, detect threats, respond to threats, and recover from successful attacks. There are a lot of concepts and practices to learn, like how to manage infrastructure security network. Edge security, Identity and Access Management, firewalls, and load balancers.
6. Augmented Reality / Virtual Reality
These days we spend a lot of time looking at screens, computers, smartphones, and televisions are a big part of our lives. Through these gadgets, we connect we use our socialize on the internet, watch movies, and more. Virtual Reality (VR) and Augmented Reality (AR) are two technologies changing the way we use screens. VR uses a headset with a built-in screen that displays a virtual environment for you. This creates a new and exciting interactive experience, whereas in AR is a bit different instead of transporting you to a virtual world, it takes digital images and layers them on the real world around you.
This is done using either a clear visor or a smartphone, so with VR you could explore a world full of dinosaurs, but with AR, you could see those dinosaurs moving through the world around you. VR and AI play a significant role in any business. Like, a surgeon today, are using VR to practice highly technical surgeries before operating. Companies are using them to give consumers virtual tours of products and locations. There are even apps that can use your smartphone's camera to scan and translate a foreign language in real-time. As they continue to grow, VR and AR have the potential to change many fields. Significantly almost every industry you'll want to keep an eye on them to see, how they might soon affect your job and potentially your everyday life.
7. Internet of Things (IOT)
The Internet no longer only includes computers. Today, various everyday devices can be connected to the Internet, including cars, thermostats, sports equipment, refrigerators and even sneakers. All this is known as the Internet of Things. You must be thinking, "Why someone connect shoes to the Internet?" So ... shoes give us the information on number of steps one has taken.
This information will be sent to another device for analysis over the internet. All measures collected through sneakers can be analyzed to find out how many calories we have consumed, get personal fitness tips and much more. But the Internet of Things is not limited to consumer-friendly products. All these devices collect large amounts of data that capture what and where you work during the day. We often do not know with certainty exactly, what data is being collected and how that information is used? The Internet of Things will continue to grow over the next few years, bringing with its new strengths and challenges.
8. Big Data
The world is becoming an increasingly digital space today. We manage to share and store our lives online; data is gathered from our devices, computers, and smartphones that collect and transmit information on what we do, but that is just the beginning. Soon most things, including our TVs watches and even diapers, will collect and transmit data. In fact, if we gathered all the data from the beginning of time until the year 2000, it would be less than we now create in a minute.
This phenomenon is transforming our understanding of the world and our place in it. It's become known as big data; big data could be invaluable for business. It could provide a window into the lives of customers that we have never previously imagined.
But there is a problem, how do we unravel the strands of big data and pick out the relevant parts data comes from so many sources? How do we know where to look, and how do we access it? In short, how do we turn all this information into knowledge? Businesses are already using big data to better understand and predict customer behavior and optimize and improve business processes, but the possible applications of big data are endless. We're only just beginning to see the emergence of the big data economy. Your business needs to consider big data or risk being left behind. Big Data information is analyzed, which helping companies understand and leverage knowledge to take essential steps that help them in their respective business. And hence, Big Data is one of the top 10 technology trends in 2020.
9. Cloud Computing
Our next tech trend from top10 technology trends in 2020 is Cloud computing. It is a better way to run your business than running your own programs. They run in a shared data center. You just plug-in power, like a tool. This makes it faster to start with and less expensive. It's like Gmail compared to Microsoft Exchange. This model is much better, it will change the way we think about the software. Not only is it used for consumer applications but also for business applications.
Businesses are running all kinds of apps on the cloud these days, including custom apps. Why because ... You can go up and running in a few days, which is unprecedented with traditional business software. Less cost, because you don't have to pay for all the people, products and facilities to run them
Cloud Deployment Models (CDM)
CDM describe a cloud environment, which can vary in terms of scale, privacy, and ownership. And the three most common: public cloud, private cloud, and hybrid cloud.
Public cloud deployments are commercially available environments that the general public can access. These environments are provided by an external party that grants scalable resources for its users. The top three public cloud environments are Amazon Web Services, Microsoft Azure, and Google Cloud Platform.
Private cloud deployments are proprietary cloud environments that enterprises control their own architecture.
Lastly, Hybrid cloud environments – as you might have guessed - are a combination of both public and private solutions. Using on-premise hardware, a hybrid setup allows users to communicate with each other and orchestrate cross-environment tasks.
Now, let’s look at the service, or delivery side of cloud computing; which is broken up into three separate models:
It's a software distribution model where users access an application over the Internet while a provider hosts the application locally.
It's a cloud-based environment for developers to build, install, and test applications.
It provides and delivers infrastructure resources to users via virtualization technologies.
The benefits of integrating the cloud into your enterprise’s infrastructure is cost-efficiency. Cloud deployments remove the need to install and maintain hardware, which can save enterprises money in the long run. Public cloud providers usually offer a pay-as-you-go pricing model, where enterprises only pay for the cloud resources. They use rather than pay a fixed amount. Second, cloud environments are naturally scalable, which gives enterprises as much or as little support as they need for their individual workflows. Making it much easier to access the solution that’s the right fit for your company. Finally, because the cloud is easily accessible from virtually anywhere, it promotes collaboration between enterprise employees.
10. Robotic Process Automation (RPA)
RPA is the software technology that performs transactional activities and IT applications and the way a user would. All RPA applications have the following structure - a digital input of structured data and a process logic based on rules conditions loops etc. to act on the data receipt. A software robot has the great advantage of being much faster than a human when carrying out tasks.
Using an RPA brings a lot of efficiency in the process, robots don't get sick, don't take vacations and can work 24 hours a day, seven days a week. They can be replicated for higher speed, can work from any location, and minimize risks as they are less prone to errors. The possibilities of RPA are practically endless since it can address any sequence of tasks. For example, it can open emails blog, in applications read databases, access files perform calculations, fill out forms, etc. Therefore the scope for technology is any department or sector that uses office and IT applications, but not everything is bad for the worker. Now employees can dedicate their time to generating added value for the company focusing on problem-solving, managing exceptions, and developing strategy.
I hope by now you have a good idea about top technology trends in 2020. The information shared would help you in someway or other. If you have any questions about these technologies, please comment below. We will be happy to answer them regardless.