Technology has been growing over the years but in 2020 the pace for the growth of technology is much faster than ever. Not only growth but the level of transformation, innovation is also at its peak this year. Each business, education everything is pacing with the changing of this technology. The company that is high at it’s technology base are definitely facing the maximum advantage. Leaps have taken place in data science, computing capacity, monitoring, and connectivity. Based on these let’s take an overview of the latest tech trends in 2020.
Artificial Intelligence (AI)
Artificial Intelligence (AI) is indeed a remarkable innovation and every businesses is taking advantage of it. It is a trendsetter in the tech zone. AI is the built-in computer system that mimics human intelligence. The algorithms are set in a way that it can perform tasks like recognition of images, patterns, speeches, and also helps in decision making. AI has become a part of our daily life as it is used in assessing business risk, navigating apps, personal assistance, smartphones, etc. After the evolution of AI, many tasks have become easier and accessible than before and also can be performed at a faster pace. Even AI has the capability to execute tedious and dangerous tasks. Machine learning is also growing and is a subset of AI.
Augmented Reality (AR) and Virtual Reality (VR)
Virtual reality is something where the person experiences the real-world things in a virtual world or environment. And enhancing the experience with enhancement in the environment is something that is done by Augmented reality. VR is widely used in many aspects especially in gaming, for many stimulation situations like for U.S. Navy, Army, coast guards. It combines real-time 3D vision, haptics, location data, sound, and many other senses like smell that the brain has the ability to imagine once immersed in an environment to observe how people would react in such a situation. VR & AR has a very dynamic scope in training, marketing, education, etc. Some popular usage is a theme park, a game like Pokemon Go, etc. are prevailing.
Edge Computing
The processing of data at the edge of the user’s network where it is needed and boosts response time with saving bandwidth is edge computing. The cloud computing growth is still enormous and is helpful for businesses in many ways like reducing latency can improve network performance, has the ability to increase speed for end users. This technology makes it easier for businesses to scale their operation units and also has its own security advantage. The latest tech trends in 2020 suggests that the edge computing market is expected to reach $6.72 billion.
Internet of Things
In 2017, the number of IoT devices reached 8.4 billion. It is expected to reach to a whopping 30 billion in the year 2020. And this will also increase job opportunities among IT professionals. Internet of Things is considered as the future. It also has changed the lives of many people through different IoT-enabled devices like cars, home appliances, and much more. IoT prevails in better safety, decision making, efficiency in business when you want to collect and analyze data. So this tech feature will grow and has the potential to grow more with enhanced security that will enhance the experience of the users.
Blockchain
This is a booming category for job availability with high salary package. Blockchain is the technological system where only a single person can add data but cannot change. Bitcoin cryptocurrency is the Fortuner of digital currency that uses blockchain technology. But it lacks in terms of security a bit. But platforms like Myvote uses blockchain and growth is going to happen in this technology which might become more reliable and secure.
Robotics & Automation
Robotics and Automation is one of the latest tech trends in 2020. These are some of the tech trends that businesses should foresee and these segments also have promising growth in terms of both business and career in the future.
These are some latest tech trends in 2020 that I wanted to share with you. Let me know your thoughts on this and share if there is anything that you think would be good to be a part of this list. To read more of tech-related posts visit the Tech Category in my blog.
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