We have seen so many incredible technological breakthroughs in the past few decades, not only in computing but across a whole variety of fields. But is it time to be anxious for yet another incredible technological turning point in the market?
In this article, we explore ten technology trends that are likely to have a significant impact on businesses and consumers in the coming years.
1. Robotics Process Automation (RPA)
Using robots to automate processes is easier today than ever before. With technologies like cognitive systems, software bots, and artificial intelligence you easily create applications where there were once obstacles.
RPA uses artificial intelligence (AI)-powered software that integrates into workers' tasks and decreases manual effort. The technology would be intelligent enough to know which task is needed next according to the desired outcome.
2. Edge Computing
Edge computing is a new type of computing paradigm that brings computation and data storage closer to the sources of data. This will likely improve response times and save bandwidth for your internet use.
Image Source: Wikipedia
One of the top tendencies for 2021 is edge computing, also called cloud happening. There will be widespread adoption of edge computing by businesses and the opposite side - the consumer's personal device. That individual device will then use that information to share with other smart devices around them and send it over the cloud to either users or business locations.
3. Blockchain
Blockchain is a digital technology that consists of a list of records on disparate computers, so people can share an identical record, called the "block". These blocks are linked together in a flexible and permanent way using cryptography. Because it is so secure, blockchain provides a safer alternative to centralized online services such as banks.
Blockchain is an emerging field in technology that is expected to be one of the top trends in 2021. Blockchain will continue to grow because it has been adopted into various sectors including finance, real estate, healthcare, transportation, and much more. Unique features in blockchain will lead to exciting opportunities for massive growth in revenue, size, and usability in the coming years.
4. Artificial Intelligence
The advances in artificial intelligence are happening at a rapid pace. AI is being implemented in different areas of development including smartphones, entertainment, cars, cooking, and medical care.
Already there are examples of voice chatbots that can read your horoscope, assist with time management and help you to choose the right attire for the day using AI.
Artificial intelligence is the next big thing for corporate and consumer computer technology. It's changing business and it's changing human life in a profound and impactful way, and it is predicted to grow substantially in coming years.
5. Virtual Reality
Virtual reality is a computer-generated simulation of an environment that can be explored and interacted with using head-mounted goggles, stereoscopic glasses, or VR headsets. Supported systems include stationary and mobile platforms such as personal computers, gaming consoles, and smartphones as well as dedicated VR devices.
Virtual reality has the ability to change the way we interact with our world and it appears in so many different forms. VR allows individuals to escape reality by taking on a new identity.
There are educational uses for VR, in which students have the opportunity to learn in a more engaging way without having to actually go to school or be in an environment that is foreign to them.