This is a user generated content for MyStory, a YourStory initiative to enable its community to contribute and have their voices heard. The views and writings here reflect that of the author and not of YourStory.
Latest Trends in the Technologies and their Upcoming Career Opportunities
This is a user generated content for MyStory, a YourStory initiative to enable its community to contribute and have their voices heard. The views and writings here reflect that of the author and not of YourStory.
We talk about technology trends and they seem to be outdated even before they get published in a blog or article. The pace of any technology getting into the trend and getting out of it is so fast that it gets tougher to predict the annual trends. Evolution of technology speeds up the change and makes it ready for new challenges.
Talking about the careers, they don’t evolve as rapidly as the technology trends because to learn and implement them into the industry, takes time. People, especially IT people have to constantly learn new things, out of necessity and not out of desire though.
So, what are the new technology trends in the arena of cloud computing for the year 2019? Let us check. Now, though the names of the technologies aren’t different still the improvisations in those are new.
RPA (Robotic Process Automation)
RPA technology is also creating lots of jobs in the industry. RPA is used to automate the business processes like processing transactions, interpreting applications, replying to emails, and dealing with data. With the help of RPA, people can avoid repetitive tasks which took their time earlier. These tasks are not only the simple ones but up to 45% of the tasks can be easily automated. There is a threat that RPA would replace 230+ million workers globally, but RPA is also creating new jobs by modifying existing ones.
Artificial Intelligence
AI has been in a lot of buzz in most industries out there and it will still be due to its effects on everyday lives. Other branches of Artificial Intelligence are also getting developed like Machine Learning which we will look at in the next section. AI is present since 1956 and it has come a long way already. We use AI in one form or the other in our daily lives like navigation and streaming apps, personal assistants, ride apps, bus, and train schedule apps, predicting maintenance, business-risk assessment, etc. By 2020, jobs in AI are going to increase up to 23 million in the departments of programming, testing, development, support, and maintenance.
Machine Learning
As said above, machine learning is the branch of AI. Even machine learning has its subsets like natural language processing, neural networks, and deep learning. It is also widely used across all industries and hence is creating various opportunities for skilled candidates. By 2022, machine learning market is going to grow up to $8.81 billion. Data analytics, data mining, and pattern recognition use machine learning. It is one of the top emerging jobs on LinkedIn.
Edge Computing
Cloud computing has become mainstream and is dominating the entire market. Even though cloud computing is getting adopted easily all over the industries, but the emerging technology is Edge computing. The increasing amount of enormous data demands a new solution and to solve these issues of cloud computing, edge computing came into existence. Edge computing is capable of processing time-sensitive data in locations where there is no or less connectivity. In such scenarios, edge computing can help in turning into mini data centers. The use of IoT devices is going to increase due to edge computing. The market of edge computing is going to expand up to $6.72 billion and hence is going to create numerous jobs.
Blockchain
Many of us think that this field is all about crypto-currencies like Bitcoin, but it offers several things on the security aspect. The blockchain is actually a data which you can add but not take away or modify. Therefore, the term ‘chain’ comes into the picture as you form a chain of data. And, the fact that you can’t modify the earlier blocks is the factor which contributes to the security. Additionally, blockchains are consensus-driven meaning that no single entity can control the data all by own. There is no need for a third-party to validate transactions. Blockchains are famous for high-level security and hence it can play a vital role in securing information. Blockchain has the potential to completely improve the global supply chain and also to protect assets like real estate and art.
The fast-growing pace of this technology is also creating a lot of jobs in healthcare, retail, financial industries, and manufacturing industries are on the way to create new jobs.
Cybersecurity
Cybersecurity is definitely not an emerging technology but, since the beginning, it is getting evolved like other technologies. This is necessary as the threats are changing and evolving day-by-day. The hackers are so tough these days that they always try to find a way to breach the highest levels of security. Advancements like cloud technology, hardware authentication, and deep learning are the most used right now. Also, behavioral analytics and data loss prevention are in a boom. Hackers are going to be there in the future, so it is obvious that we will be needing evolved cybersecurity. There is a strong demand for cybersecurity professionals and the jobs are increasing three times quicker than other jobs. By 2021, there are going to be 3.5 million jobs in the field of cybersecurity.
VR (Virtual Reality) & AR (Augmented Reality)
We all know how much these technologies have gained popularity in the entertainment industry. Virtual reality indulges the user in a virtually created environment and augmented reality enhances the current environment. VR has been used in the gaming industry like ‘Pokemon Go’, simulation software in the Army, Navy, and Air Force.
Both the technologies have a wide range of use in marketing, education, training, entertainment, and health sector. The candidates with VR knowledge have a 37% of job-field open for them.
IoT (Internet of Things)
IoT is the future, quite literally. Almost everything is getting connected with the Wi-Fi so they can connect with each other and the internet. The devices like cars, home appliances, office gadgets, etc. It is predicted that by 2020, the number of IoT devices can reach up to 30 billion!
IoT has already entered our lives and making them easy. Remotely we can heat our ovens, lock our doors, keep an eye on the visitors when we are away from home, and schedule our shows or movies. The greater efficiency, safety, and decision-making levels of IoT are the reasons it is useful in businesses as well. IoT has the power to handle customer care, improve medical care, can enable predict the upcoming maintenance, and provide several benefits which we cannot imagine right now. Due to its use in the varied sectors, there is a demand of over two lakhs of IoT professionals in the recent future.
Concluding, there are various trends and technologies emerging and improving around us which would offer lots of job opportunities. The future is all about eco-friendly technologies and we are going to have lots of internet-driven automated services which would replace the human intervention.