Technology is rapidly evolving today, allowing for faster change and progress and thereby accelerating the rate of change. However, it is not just technology trends and developing technologies that are changing; much more has changed this year as a result of the outbreak of COVID-19, which has made IT professionals recognise that their job in the contactless world of tomorrow will not be the same.
In 2021-22, an IT professional will be constantly learning, unlearning, and relearning (out of necessity if not desire).
What does this imply for you personally? It entails keeping up with evolving technologies and the most recent technological trends. It also entails keeping an eye on the future to determine which abilities you’ll need to find a secure work tomorrow, as well as learning how to get there.
Because of the worldwide epidemic, the majority of the global IT workforce is sitting at home. And if you want to make the most of your time at home in 2022, here are the top 5 rising technology trends you should keep an eye on and try in order to secure one of the jobs that these new technology trends will create:
- Artificial Intelligence and Machine Learning
- Robotic Process Automation (RPA)
- Edge Computing
- Blockchain
- 5G
1. Artificial Intelligence (AI) and Machine Learning
Artificial Intelligence, or AI, has generated a lot of hype over the last decade, but it remains one of the hottest new technological trends because of its significant impacts on how we live, work, and play.
AI is already well-known for its supremacy in picture and speech recognition, navigation apps, smartphone personal assistants, ride-sharing apps, and a wide range of other applications.
Aside from that, AI will be used to analyse interactions in order to uncover underlying connections and insights, to predict demand for services such as hospitals, allowing authorities to make better resource allocation decisions, and to detect changing patterns of customer behaviour by analysing data in near real-time, resulting in increased revenues and personalised experiences.
By 2025, the AI market will be worth $190 billion, with global spending on cognitive and AI systems exceeding $57 billion in 2022. New opportunities will be created in development, programming, testing, support, and maintenance, to mention a few, as AI spreads across sectors.
AI, on the other hand, pays some of the highest incomes today, with rates ranging from over $1,25,000 per year (machine learning engineer) to $145,000 per year (AI architect), making it the top new technology trend to keep an eye on.
Machine Learning, a subset of AI, is being used in a wide range of businesses, resulting in a high demand for qualified workers.
AI, machine learning, and automation, according to Forrester, will create 9% of new employment in the United States by 2025, including robot monitoring professionals, data scientists, automation specialists, and content curators, making it yet another new technology trend to keep an eye on.
Mastering AI and machine learning will help you secure jobs like:
- AI Research Scientist
- AI Engineer
- Machine Learning Engineer
- AI Architect
2. Robotic Process Automation (RPA)
Robotic Process Automation, or RPA, is a technology that, like AI and Machine Learning, automates jobs. RPA is the use of software to automate business operations such as application interpretation, transaction processing, data management, and even email response. RPA automates tasks that formerly required human intervention.
RPA automation, according to Forrester Research, will threaten the careers of 230 million or more knowledge workers, or around 9% of the global population. However, RPA is also creating new jobs while changing old ones. According to McKinsey, only around 5% of vocations can be completely automated, but roughly 60% can be somewhat automated.
RPA offers a variety of employment prospects for IT professionals looking to the future and seeking to comprehend the latest technology developments, including developer, project manager, business analyst, solution architect, and consultant. And they are well-paying positions. RPA developers can make more than Rs. 1 million per year, making it the next technology trend to watch!
Mastering RPA will help you secure high paying jobs like:
- RPA Developer
- RPA Analyst
- RPA Architect
3. Edge Computing
Cloud computing, which was once a cutting-edge technology trend to keep an eye on, has now become mainstream, with major players such as Amazon Web Services (AWS), Microsoft Azure, and Google Cloud Platform dominating the industry. As more businesses transition to a cloud solution, cloud computing use continues to rise. However, it is no longer a new technical trend. It’s called the edge.
Organizations have recognized the limitations of cloud computing in various cases as the volume of data they deal with continues to grow. Edge computing is intended to address some of these issues by avoiding the latency imposed by cloud computing and delivering data to a data center for processing. It can reside “on the edge,” as it were, closer to the point where computing is required.
As a result, edge computing can be utilized to process time-sensitive data in remote places where access to a centralized location is limited or non-existent. Edge computing can operate as a tiny datacenter in these instances.
Edge computing will become more prevalent as the number of Internet of Things (IoT) devices grows. The global market for edge computing is anticipated to reach $6.72 billion by 2022. And this new technological trend will only continue to spread, producing a variety of professions, particularly for software engineers.
Keeping up with cloud computing (which includes new-age edge and quantum computing) will help you land fantastic employment such as:
- Cloud Reliability Engineer
- Cloud Infrastructure Engineer
- Cloud Architect and Security Architect
- DevOps Cloud Engineer
4. Blockchain
Although most people associate blockchain technology with cryptocurrencies like Bitcoin, it also provides security in a variety of other ways. In its most basic form, blockchain is data that you can only add to, not subtract from, or change. Because you’re creating a data chain, the term “chain” was coined.
The fact that prior blocks cannot be changed is what makes it so secure. Furthermore, because blockchains are consensus-based, no single party can control the data. You don’t need a trustworthy third-party to oversee or validate transactions with blockchain.
Several industries are involving and using blockchain technology, and as the demand for trained workers grows, so does the demand for blockchain technology.
From the perspective of a bird’s eye view, a blockchain developer specialises in creating and executing blockchain-based architecture and solutions. A blockchain developer’s average annual compensation is Rs. 1.1 million.
If you’re interested in Blockchain and its applications and want to pursue a career in this rapidly growing technology, now is the time to get started.
You’ll need hands-on experience with programming languages, OOPS concepts, flat and relational databases, data structures, web app development, and networking to get into Blockchain.
Mastering blockchain can help you scale up in a variety of fields and industries:
- Risk Analyst
- Tech Architect
- Crypto Community Manager
- Front End Engineer
5. 5G
Following the IoT, 5G is the next technology wave to emerge. Where 3G and 4G technologies have allowed us to browse the internet, access data-driven services, and stream music on Spotify or YouTube, among other things.
5G services are likely to change our lives forever. by enabling services based on sophisticated technologies such as augmented reality and virtual reality, as well as cloud-based gaming services like Google Stadia, NVidia GeForce Now, and others.
It is projected to be utilised in factories, high-definition cameras that aid in traffic management and safety, smart grid control, and smart retail.
Almost every telecom business, including Verizon, T-Mobile, Apple, Nokia Corp., and QualComm, is now developing 5G apps. By 2024, 5G networks will cover 40% of the world and handle 25% of all mobile traffic data, making it an emergent technology trend to keep an eye on and save a position in.
To read our blog on Top 3 strategic technology trends in 2020, click here.
