The 4th revolution of technology is going on for the last couple of years and we are seeing the technology is evolving at a rapid pace than ever. No one could afford the risk of being left behind in this revolutionary era of new trending technologies. A well-organized and right time move to understand the key trends will help businesses and people to get well prepared to take the benefits of the opportunities. In this article, we will explore and try to identify the most important trending technologies in the coming future that will be the biggest force behind forming a smarter world than ever before. Let’s see the 7 most challenging and futuristic technological trends!
“We are stuck with technology when what we really want is just stuff that works.”
― Douglas Adams
Top 7 Trending New Technologies
- Artificial Intelligence (AI)
- RPA (Robotic Process Automation)
- Machine Learning
- Edge Computing
- Virtual Reality
- Internet of Things (IoT)
Artificial Intelligence (AI)
Artificial intelligence is a trending technology that ranks first on the 2020 list of the latest 7 technologies in computer science. Artificial intelligence technology involves machine intelligence, which is as smart and intelligent as the human brain and reacts like humans.
Today, AI contributes to society greatly, for example, in the form of virtual assistants like Google Assistant, Siri, Cortana, and Alexa.
The opportunities and salaries available to AI professionals are immensely high in the world right now. According to Paysa, the median annual salary for an artificial intelligence engineer is $ 171,715.
The latest technology in artificial intelligence is penetrating in text mining, web mining, healthcare, banking, entertainment, self-driving cars, smartphones to homes. These are the reasons why it remains in the first position in the list of trending technologies of 2020.
RPA (Robotic Process Automation)
Robotic Process Automation (RPA) is another popular and trending technology that enables us to automate business processes. During robotic process automation training, it does not require to learn to code for development or direct access to the database. It has a list of commands executed by bots under a standard set of business rules.
Uses of RPA are as follows:
- Perform various tasks
- Automated report generation
- Emulates human actions
- Audit and validate the information
- Quality assurance
According to Indeed, the median salary for RPA developers ranges from US$ 92,176 to US$ 98,472 per year. Therefore, “RPA Developer” is a lucrative career to go for.
Machine learning (ML) is a set of algorithms that find and apply patterns to data. ML is a trending technology that discovers the rules causing a problem using data and finds a solution to that problem.
Machine learning is divided into four different types; they are:
- Supervised teaching
- Unsupervised learning
- Semi-supervised learning
- Reinforced learning
The uses of machine learning in our daily lives include:
- Social media services
- Email spam and malware filtering
- Online customer support
- Online fraud detection
- Search engine result refining
According to statistics from Glassdoor, the median salary for a machine learning engineer in the United States is US$ 114,000 a year.
Edge Computing is the latest technological trend that is becoming famous day by day. The technology is based on the philosophy of bringing computing power closer to the data source. This helps reduce bandwidth and latency.
The technology aims to run fewer processes in the cloud and move those processes to locations like the user’s system or an edge server. Closing this gap between data and computation reduces long-distance communication between the server and the client, which in turn improves the speed of the process. This is why edge computing is used to handle time-sensitive data stored in remote locations that have limited connectivity to the central location. Technology will make cloud computing and IoT devices faster.
It is estimated that by 2022, the market for cutting edge computing will be worth $ 7 billion. The technology will be popular in areas such as healthcare, retail, and manufacturing. Thus, you will open the doors to many job opportunities. The salary range for an Edge computing professional is expected to be around $ 100,400 to $ 123,000 per year.
Blockchain is the main emerging technology of tomorrow. It is a decentralized digital ledger that stores transactions on thousands of computers around the world. They are registered in a way that inhibits further modification.
Blockchain technology increases security and accelerates data exchange in a cost-effective and more transparent way. It also dispenses with third parties whose main function was to provide a trust and certification component in transactions. Large corporations are primarily looking for experts, so this is a good choice of technologies to master.
Different job positions are as follows:
- Blockchain Developers
- Blockchain Quality Engineer
- Blockchain legal advisor or lawyer
- Blockchain Engineer
Virtual reality is the technology by which you can immerse yourself in an environment that appears astonishingly realistic. It is the use of computer technology to create a simulated environment. It is very popularly used to play computer games. Unlike traditional games, where you experience the environment of the game by viewing it on the screen, you are directly located in the environment!
In these environments, senses such as touch, hearing, smell, and vision are simulated. With virtual reality equipment, like headsets, you can walk and play in that 3D world. Augmented reality (AR) is the technology used to enhance this virtual environment.
The main players in this field are Facebook’s Oculus Rift, Sony’s PlayStation VR (PSVR), and HTC Vive.
Virtual reality technology is not only used for entertainment but is also used by the US Navy and Coast Guard to train personnel. They use a virtual reality game called VirtualShip. Doctors use AR and VR while performing surgery. Visitors to an amusement park or museum can also use technology to enhance their experience.
The virtual reality industry is expected to reach close to $ 40 billion by 2021. Here are some virtual reality jobs to look for:
- Content producer
- AR and VR content writers
- Product management
- Software engineer
- UI and UX design
- Quality assurance
Internet of Things (IoT)
Internet of Things (IoT) is a system of interrelated computing devices, objects, digital machines, animals, or people that have unique identifiers (UIDs), and this technology can transfer data over a network without human-to-human or human-to-computer interactions.
There are many uses for IoT technology. This trending technology is used in the development processes of the following:
- Smart homes
- Smart cities
- Connected cars
- Digital health
As for the salary part, IoT also offers a promising career. According to statistics from Indeed, in the United States, the median salary for IoT engineers is $ 165,394 annually.
If you want to know about all the emerging tech trends and learn all about them, then it will take another life to do so. Only the year 2020 will not be enough for you to complete it. But these trending 7 new technologies mentioned above will always put you in a win-win situation in your career field.
So, what do you say? Are you ready to put one of them on your New Years Resolution list and master it before the end of this year?