The rapid evolution of Technology is expanding and helps enable faster change and advancement in various fields, accelerating the rate of change to the point where it will eventually become exponential.
However, it is not just technology trends and leading technologies that are changing; much more has changed this year due to the outbreak of COVID-19, which has caused IT workers to recognize that their jobs will not be the same in the contactless world.
The Global pandemic has pushed digitization and automation, helping businesses thrive even in adversity. As a result, many companies are increasingly adopting disruptive technologies and changing their business strategies to sustain themselves.
The impact of the pandemic will last a long time, and the digital shift will continue. Therefore, It will be difficult for firms to recover if they do not stay up with technology advancements. The continuous advancements in technology will continue to transform our lives and the way we do business, creating great potential for worldwide enterprises.
What Are The Latest Technology Trends Of 2021?
The following are a few top emerging technology trends of 2021:
- Artificial Intelligence & Machine Learning
Artificial Intelligence is undoubtedly the most sophisticated technology, and many companies have already started integrating it in their operations to automate various processes. AI and ML have already received a lot of buzz over the past few years due to their notable contributions towards promoting business growth.
AI is already one of the most integrated technologies and is well-known for its supremacy in picture and speech recognition, smartphone personal assistants, navigation apps, ride-sharing apps, and many other applications. However, very shortly, AI will also be used to analyze interactions to uncover underlying connections and insights, to help predict demand for various services, thereby allowing for a better resource allocation.
In addition, Artificial Intelligence helps to detect changing customer behavior patterns by analyzing data in near real-time, resulting in increased revenues and personalized experiences.
- Edge Computing
As Cloud computing has grown to be mainstream, more and more businesses are moving towards cloud-based services. As a result, cloud computing use continues to rise, with major firms AWS (Amazon Web Services), Microsoft Azure, and Google Cloud Platform dominating the industry. Edge computing is now considered a new technology trend to keep an eye on.
However, organizations are slowly realizing and recognizing the limitations of cloud computing in various cases as the volume of data they deal with will continue to grow as the business expands. Therefore, Edge computing is slowly gaining popularity as it helps to address some of these issues by avoiding the latency imposed by cloud computing.
- Internet Of Things (IoT)
The Internet of Things (IoT) is another fascinating new technological trend for 2021. Many activities now necessitate WiFi access to connect to the Internet—and to one another. As a result, the Internet of Things, or IoT, came into existence. The Internet of Things (IoT) is the future wave, allowing devices, home appliances, automobiles, and much more to connect to the Internet and exchange data.
The IoT can help organizations enhance their safety, efficiency, and decision-making by collecting and processing data. It can enable predictive maintenance, improve medical treatment, and offer a variety of other advantages.
- 5G Technology
5G is the next technology wave to emerge, following the IoT; while 3G and 4G technologies allowed us to access the Internet, use data-driven services, and improved bandwidth for streaming on YouTube and other platforms; 5G services are predicted to completely transform our lives by enabling services based on sophisticated technologies such as Augmented Reality and Virtual Reality, and cloud-based gaming services like Google Stadia, NVidia GeForce Now, and others.
It is projected to be utilized in factories, high-definition cameras that aid in traffic management and safety, intelligent grid control, and smart retail.
- Robotic Process Automation (RPA)
Robotic Process Automation, or RPA, is a technology similar to AI and Machine Learning and helps automate tedious jobs. RPA uses software to automate business operations such as application interpretation, transaction processing, data management, and email response. RPA automates tasks that require human intervention.
As businesses rely on the latest technologies to sustain in the current competitive business environment, they need to be aware of the latest tech trends to stay up-to-date with the current market trends.
It is also vital to be aware that the latest technologies are inter-connected. For example, the 5G technology can positively impact IoT, AR, and VR, among others. Therefore, businesses need to integrate the right technologies according to their needs and preferences. By understanding these tech trends well, they can choose the apt technology that suits their business needs.