Top 5 Trends Driving the Future of Information Technology
The technological revolution is on the rise, and the twenty-first-century innovations are clear evidence of the on-goings. There is barely any task left that cannot be performed digitally today. Now, the tech world is further being expected to experience an exponential leap with the help of AI, which might even outperform human abilities and activities in the next decade. No wonder, the industry of IT has grown into one of the largest contributors to the global economy, bringing in steadfast progress and marvelous innovations under the roof. Here is a precise glimpse of why information technology is rapidly landing as one of the ruling sectors in the industrial landscape:
- About 47% of job roles are expected to be replaced by digitalization and robotics by the end of 2020.
- In the era of big data, near about 16 zettabytes of unique and fresh data was created on a global basis in 2016, and the amount has only been rising ever since.
- Near about 8 billion electronic devices are likely to be connected to the web by the end of 2020
- Today, with the emergence of the notion of online business and services, approximately 570 websites are being launched each minute of a day.
- As per the findings of IDC, information technology globally has been shelling out more than $4.8 trillion by 2018, along with the United States accounting for about $1.5 trillion of the entire market.
- The advancement in the information technology trends has been encouraging young workforces and aspirants to train themselves on technological jobs and tasks that are not envisioned yet in the world of technology.
Information technology, today, has expanded far beyond the mere use of computer systems, communications, or the transformation of raw data into insights. There are many new emerging trends that are accommodating in its process of functionality and aiding the businesses worldwide. As per the recent report of Accenture, with data being the core, social media networks as a new source of business intelligence (BI), and Cloud computing, IT today is considered as the main driver of global business expansion. Developers, software engineers, and IT experts are working towards innovating industries, enhancing personal life chores, and improving societal life with the aid of leading-edge IT.
The constantly evolving trends and paradigms in the global business landscape are among the primary reasons for the growth of IT. So, in this article today, we, at the Advanced Institute of Technology & Management, one among the top 5 engineering colleges in Faridabad, will discuss with you about the top 5 trends that are fueling the future of IT and making it rise as one of the best career options for the youth.
- Internet of Things (IoT)
These devices can connect and exchange information. Internet of things came into attention in the year 1999, however, have emerged in the path of massive advancement in recent years. The innovation just did not cease at the invention of high-end devices and machines. Web connection is embedded in every single device and electronic gadget today, with the help of which a series of tasks can be performed. The devices include home appliances, vehicles, and other physical machines which are set in with connectivity systems like sensors, applications, electronics, and actuators.
As per a recent report on the progress of IoT, 2020 shall treasure 30 billion connected devices with the IoT global market reaching a value of $7.1 trillion. The world requires to be globally connected now more than ever before, and IoT is one of the significant trends in IT that will add on to its edge of progression.
- Machine Learning
Machine learning has many complex definitions in the world of science and technology. However, in the simplest of words, Machine Learning is one of the sharpest technological tools used today to help industries make quicker decisions or make better predictions using data. After all, data is the new oil, and ML makes good use of it. ML is used to upgrade machines and devices to advance their mechanism with time and experience with the help of AI. Enhancing the precision of financial models, forecasting challenges or possibilities, facilitating accurate medical predictions, easing spam detection are some of the specific roles of this advancing paradigm in IT.
- Quantum Computing
Quantum computing is yet again, another groundbreaking innovation in the world of IT that is going to shape the business world for better. As per research, there are almost 2.5 exabytes of data produced that only this technology has the power to process efficiently and within a sound time-range. It has the potential to process the data quantity of over 5 million machines. Studies found that the amount of data a quantum computer can process would take a traditional system an impractical time-period of billion of years. Besides, quantum computing is an excellent technology for solving highly complex technical glitches and issues. It is one of the most prominent trends in IT that is adding significant value to the business world while easing human life. No wonder, the tech giant Google recently declared a quantum computer to be a part of its technological infrastructure that is a hundred million times faster than traditional lab machines.
- Practical Blockchain
From ensuring security, immutability, and transparency to reducing organizational expenditure and cutting down transaction time, Blockchain has been a massive help in the technology-oriented world. Since the highly progressive digital environment of today has brought along with it various dangers of hacking, data leakage, technical glitches, and a lot more, Blockchain technology emerged as a highly reliable savior. However, Blockchain technology is still on the verge of progress when it comes to implementation in enterprise deployments. This is due to the lack of technical set-up required to implement it. Interoperability and scalability are two of the specific obstacles on the way of Blockchain technology execution, and the same is being worked upon by the IT world to enable the end-users draw from its maximum potential.
Blockchain is one of the most important tools that is helping users to interact with each other in the digital space without any threat of personal information disclosure or a need for any centralized authority. It enables the users in networks to detect back assets to their very origins, keep records, run automated claim processing, and much more. It is expected that at the end of 2023, the technology is going to be entirely technically scalable and will be able to provide complete support to the necessary data confidentialities in the global market.
- 3D Printing
Carving out a three-dimensional object right from a digital file is almost like a sci-fi dream, but with 3D printing, this has come to reality. 3D printing, also known as additive manufacturing, is nothing less than a technological revolution and has the capacity to alter the mechanisms of goods production, medical supplies, and even coral reefs. The method involves solidifying or assimilating certain materials with the help of a computer. It is being predicted that in the long run, 3D printing shall be making its way into not only the business landscape but also residences, outer space, and even disaster sites.
The terminology 3D printing is referred to as a particular procedure that sums up binding materials on a bed of powder chemicals layer by layer with inkjet printing heads. The technology has been broadly embraced and is being used for more widespread additive techniques. Experts are keeping their hopes big on this trend that is currently the highlight in the information technology industry. No wonder, 3D printing is ranked as one of the most powerful trends in information technology that has already begun to change the existing face of manufacturing and production.
The Rising Demand for IT Expertise in a Highly Progressive Technological World
Mentioned above were some of the leading trends that are contributing significantly to shaping the future of the information technology world. Experts have opined that the trends in an overlapping pattern shall continue to progress with the help of technology research, development, and engineering contribution from different magnificent minds and sources. IT software professionals, IT executives, IT developers, and even IT entrepreneurs are collaborating closely and exchanging know-how to add new edges to the wonders of information technology. This is making IT as one of the fastest progressing industries at present.
There’ no denying the fact that the proper implementation of information technology can potentially multiply the efficiency as well as productivity of organizations and their workforces. Today, information technology is not only serving gold to the business world by extending and strengthening the digital platform but is also a leading choice of young minds as a subject of interest or profession.
Handling the flow of information by implementing new tools, computer systems, replacing old and outdated methods in technology and computing, avoiding delayed project outcomes, and most importantly, cutting out on time and cost are some of the key benefits of the new technological trends in IT. If you have a passion for making a career in IT and are wishing to uncover a new dimension in your academic, career, and entrepreneurial awareness, expertise and proficiency, we, at the Advanced Institute of Technology & Management, one among the best IT engineering colleges in Faridabad, can provide you with the ideal platform. We, at AITM, offer a 4-years B.Tech program in Information Technology where students are meticulously trained and prepared with industry insights, domain knowledge, and hands-on know-how.
AITM is a part of the renowned Advanced Educational Institutions group and is particularly known for its enriching learning atmosphere, best-in-industry mentors, high-end infrastructural facilities, and industry collaborations. We have a strong placement record, and most of our alumni are working with leading organizations across the globe. To know more about our institution and our B.Tech program, you can visit: https://www.advanced.edu.in/b-tech-information-technology/