Top 10 Technology Trends of 2020

Source: Deep Learning on Medium

Top 10 Technology Trends of 2020

technology trends of 2020

Technology is now developing at such a quick pace that annual forecasts of trends can seem out-of-date before they even go live as a published blog post or article. As technology grows, it enables even faster change and progress, causing an acceleration of the rate of change, until finally, it will become exponential.

Technology-based careers always changing and the speed is increasing. The savvy IT professional knows that his or her role will not stay the same. And an IT people of the 21st century will constantly be learning. And it means always keep watch the latest technologies and keeping your eyes on the future, to know which skills you’ll need to know and what types of jobs you want to be fit to do.

Here are 10 technology trends you should watch for in 2020, and some of the jobs that will be created by these trends.

1. Artificial Intelligence

Artificial Intelligence, or AI, has already established a lot of call in the last 2 years, but it continues to be a trend to watch because its effects on how we live, work and play are only in the initial stages. Also, another type of AI has developed, including Machine Learning, which we will go into below.

Healthcare industries are using AI to predict potential health risks by reading the DNA configuration and the possibilities to edit genome for saving humans from terminal illnesses. IT industry is using AI to code software that can extend their features or fix bugs themselves.AI is one part of what we refer to broadly as automation, and automation is a trending because of potential job loss. Some experts say automation will remove 73 million more jobs by 2030.

2. Machine Learning

Machine Learning is a subset of Artificial Intelligence and Computer Science. With Machine Learning, computers are programmed to learn to do something they are not programmed to do they learn by learning designs and insights from data. Machine learning has two types of learning, supervised and unsupervised.

Machine Learning is quickly being deployed in all types of industries, creating a huge demand for skilled professionals. As per the experts, the Machine Learning market is expected to grow to $8.81 billion by 2022. Machine Learning applications are used for data mining, data analytics, and pattern recognition. Machine Learning is being used by investment banks, robot manufacturers, medical researchers, market researchers, and the IT industry.

3. Internet of things (IoT)

So many things are now built with WiFi, I mean they can be connected to the Internet to each other. Hence, the Internet of Things is the future and has already allowed devices, home appliances, cars and almost all the all to be connected to and exchange data over the Internet. And we’re only in the starting stages of IoT the number of IoT devices reached 8.4 billion in 2017 is expected to reach 30 billion devices by 2020.

Internet of things is developing people are crazy about IoT, enough to crave for home automation that people are now buying about 20 times exclusive products because they offer smart connectivity. The home automation industry is slowly gaining momentum with new innovative products; even the software companies are aligning themselves to technological trends in 2020. Most of the Web development companies are compelled to embed voice-based searching in web app development and website development as most of these products use smart voice assistants.

4. Blockchain development

Blockchain development is being used by engineering hulks to increase the security of their web app. The companies are still struggling with slow and expensive processing in blockchain which makes it inappropriate to be used on an industrial scale. Software companies throughout the world are working to develop new agreement protocols, techniques to improve blockchain so that they can work on minimalistic resources and influence upcoming technology trends in 2020.

Most of the people think of blockchain technology about cryptocurrencies such as Bitcoin, blockchain offers security that is useful in many other ways. In simple words, blockchain can be described as data you can only enhance to, not take away from or change. Hence the term chain because you’re creating a chain of data. Not being able to change the earlier blocks is what makes it so secure. Also, blockchains are consensus-driven, so no one object can take control of the data. With blockchain, you don’t need a trusted third-party to supervise or validate transactions.

5. Deep Learning

Deep learning is a subset of machine learning algorithms that model high-level abstractions in data using architectures consisting of multiple nonlinear transformations. A deep learning technology is completely based on artificial neural networks. These artificial neural networks constantly receive learning algorithms and continuously growing amounts of data to increase the efficiency of training processes.

In 2016, Grand View Research projected the global deep learning market in $272 million. Its important part (20%) belonged to both the aerospace and defense industries. From 2014, the deep learning market shows a continuous increasing like parabolic growth. Grand View Research latest report positions that this market will reach the value of $10.2 billion by the end of 2025.

6. Virtual Reality and Augmented Reality

Virtual Reality (VR) dips the user in an environment while Augment Reality(AR) improves their environment. Although VR has mainly been used for gaming thus far, it has also been used for training, as with Virtual Ship, imitation software used to train the U.S. The most popular Pokemon Go is an example of AR.

Both VR and AR have huge potential in training, entertainment, marketing, education, and even reintegration after damage. Since businesses have been using it with VR headsets, the software industries see great potential in the technology to become a household quite soon. Engineers are working round the clock to remove the need for VR headsets to experience 3D computing and to lower the costs so that software companies could increase their incomes with technology trends in 2020.

7. Quantum computing

Most of the Global tech companies are working to make quantum computers that function on a different set of important rules to function and topology which will help them in creating a computer that will be powerful enough to standardize atoms of the whole universe. The quantum computer will work in combination with conventional computers through web OS and web apps. Conventional computers will work on normal tasks whereas likelihood, variation and combination based calculations will be allotted to quantum computer to be performed. Quantum computers will lay the basis stone for technology trends in 2020 & 2021.

8. Robotic Process Automation (RPA)

RPA, similar to AI and Machine Learning, Robotic Process Automation another technology that is automating jobs. RPA is the use of the software field to automate business processes such as understanding apps, dealing with data, processing transactions, and even replying to emails. RPA automates boring tasks that people used to do. Though Forrester Research estimates RPA automation will loom the livelihood of 230 million more knowledge workers or approximately 9 % of the global staff, RPA is also creating new jobs while altering current jobs.

9. Edge Computing

Formerly a technology trend to watch, cloud computing has become mainstream, with major players AWS, Google Cloud dominating the market and Microsoft Azure. The acceptance of cloud computing is still growing, as more and more businesses travel to a cloud solution. But it’s no longer the developing technology.

10. Cybersecurity

Cybersecurity might not seem like emerging technology, given that it has been around for a while, but it is developing just as other technologies are. That’s in part because pressures are constantly new. The malicious hackers who are trying to unlawfully access data are not going to give up any time soon, and they will continue to find ways to get through even the toughest security measures. It’s also in part because new technology is being adapted to improve security. As long as we have hackers, we will have cybersecurity as a developing technology because it will continually change to defend against those hackers.

Although technologies are emerging and developing all around us, these 10 technologies offer promising career potential now and for the predictable future. And all 10 are sorrow from a shortage of skilled workers, meaning the time is right for you to choose one, get trained, and get on a panel at the early stages of the technology, placing you for success now and in the future. We are NearLearn, providing the best artificial intelligence and machine learning training in Bangalore, python training, deep learning, and blockchain training on weekdays and weekend both classroom and online training.