Upcoming Technologies 2020
As 2019 is coming to an end, latest technology trends in information technology is introducing a progressive era bringing dynamic transformation in people’s lives. Despite the barriers, it’s bridging the gap and providing industries a competitive edge. Adopt this upcoming revolutionary trends and remain relevant in the future.
These cutting edge new technologies 2020 are changing the way we work streamlining the process, increasing efficiency. It helps you create strategies unimaginably, solving real-time problems. With the dynamic dimensions of technology upgrade, it’s evolving faster than ever in improving business performance and using data more effectively.
21s century has witnessed the constant change in emerging technology trends with innovation taking place. This exponential growth is the result of automation, which will eliminate approx 73 million jobs by 2030.
According to Statista’s IT Market Model, spending in the global IT services market is expected to reach an 846 billion dollar mark by 2021, up from 737 billion U.S. dollars in 2017.
Top 10 Emerging Technology Trends of 2020
The rapid growth of emerging technology 2020 evolving quickly to provide ultimate solutions to everyday problems. These top new technologies help you reshape your tomorrow introducing breakthrough innovations. The global impact of these innovations and new tech coming out in 2020 can help us achieve considerable results making industries much more sustainable.
Here we have listed top technology trends 2020 that can help you achieve the desired result in the future while marking your presence in the market.
1. Hyper Automation
Hyperautomation is an expansion of automation, which includes Machine learning, Artificial intelligence to automate the process at its maximum capacity. To excel in automation, it provides specific tools that can help you create a people-centric smart space. Smart space is a physical environment in which people and technology enable systems to interact, connect, and coordinate.
These tools help you drive value enabling organizations to know-how functions, process, and performance indicators interact. Hyperautomation is among the top new technologies and has become a vital part of organizations offering significant business opportunities, including the robotic process automation and AI-driven decision making.
In simple words, democratization means users are getting easy access to technology without getting any training. It is providing people with expertise; they look for without investing much.
Key Focused Areas are:
- Custom Application Development
- Data and Analytics
- Democratization of Design
It’s often referred to as citizen access. It enables developers to generate data models without having the expertise and knowledge of data scientists. It empowers the people to use artificial intelligence-driven development to create code and automate the testing process. It is a process by which access to technology becomes democratic and help you unleash the experience that can only be experienced with extensive knowledge in the field.
3. Human Augmentation
Human Automation is the use of technologies like AR, VR, and MR to enhance persons’ cognitive and physical experience. Technologies like augmented reality and virtual reality can be used to offer multi-experience, changing people’s inherent physical capabilities implanting technology elements on their bodies. The wearable device is an excellent example of human augmentation.
Physical automation can be categorized into 4 points:
- Sensory Augmentation
- Appendage and biological function augmented
- Brain Augmentation
- Genetic Augmentation
According to Statista, The wearable market is promising, as the number of connected wearable devices worldwide is expected to jump from 526 million in 2016 to over 1.1 billion in 2022, while the telecom technology changes from 4G to 5G.
Organizations like Apple, Samsung, Fitbit, Garmin are some of the famous names in the industry holding larget share of the market. These virtual reality-based wearable devices, if used effectively, can help people increase productivity and maintain efficiency.
4. Practical Blockchain
Blockchain is a latest technology in software development that uses a distributed database to record the transaction. It consists of several colossal accounting ledger data, all synced with identical transition information. It’s impossible to hack the global financial system as the complete database secured by blockchain technology. Its model consists of 5 elements which are as follows:
- Shared & Distributed ledger
- Immutable & Traceable ledger
- Distributed public consensus mechanism
Blockchain technology increases transparency as the number of central banks are growing. It’s proven to be the most profitable and valuable technology.
Size of the blockchain technology market worldwide from 2018 to 2023 (in billion U.S. dollars)
Statista forecasts suggest that global blockchain technology revenues will experience massive growth in the coming years, with the market expected to climb to over 23.3 billion U.S. dollars in size by 2023
It enhances the security level and diminishes the fraudulent activity scope. It increases work efficiency and decreases human intervention
Multiexperience is enabling users to experience the ever-changing technology-driven market. It evolves from a single point of interaction to the multisensory interface. The traditional way of only point interaction has changed into a multi-touchpoint interface like computer sensors.
This latest technology in computer science has become the need of time to provide the customer with exceptional customer experience.
Multiexperience focuses on providing the customer with an immersive experience using augmented reality, virtual reality, and the mixed reality. These technologies have become a new trend offering a multichannel human-machine interface.
The combination of these technologies can be used to impress users and to introduce a more productive environment.
6. The Empowered Edge
The age of computing technology providing people with the capacity to make an informed decision. It is the next stage in the evolution of data processing within networks.
By 2020, there will be approx 20 billion connected sensors and endpoints with an increasing number and forming a foundation for smart spaces. According to vxchange, The Global Autonomous Vehicle Market Will Grow to $556.67 Billion by 2026. With a wider umbrella of technology advancements and visible growth of the Internet of Things, organizations are forced to adopt these changes and be a part of the revolutionary world.
7. The Distributed Cloud
The rapid growth of technological advancement and increasing demand of data storage make the cloud next era platform. Cloud computing is the on-demand availability of data storage and computing power without direct management of users. This internet-based computing comes with common characteristics that are common among all the cloud-computing vendors:
- The cloud vendor entirely manages the back-end of the application.
- Users pay for services like memory, processing time, and bandwidth.
- Services are scalable.
This best technology to learn in IT industry 2020 has become the foundation to helps businesses transform, differentiates, and gains a competitive advantage.
Gartner predicts the worldwide public cloud service market will grow from $182.4B in 2018 to $331.2B in 2022, attaining a compound annual growth rate (CAGR) of 12.6%. It allows you to transform the centralized model of most public cloud services and will become the next era in cloud computing.
8. Transparency and Traceability
Transparency and Traceability has become the need of this new generation. With the increasing demand of technology advancement, customers are increasingly aware of their personal information and how valuable it is.
Transparency and Traceability mainly focus on these six elements:
The emergence of technology is creating doubts in people and making people more aware of how data is being collected and used. With GDPR (General Data Protection Regulation) taking place around the world, organizations are following the ground rules and protecting their data considering liability.
9. Autonomous Things
Autonomous things are devices that reduce the human tasks which were previously performed by people and automates the process. It introduces collaborative intelligence using AI & Machine learning. Some of the excellent examples of Autonomous things are robots, drones, ships, and appliances, which can minimize human efforts and increases productivity.
- Machine Learning: Enable computers to perform the task without explicit instructions.
- Artificial Intelligence: Simulation of human behavior performed by machines.
- Big Data: Help humans extract relevant information from complex data sets.
- RPA: Perform the required tasks on human command at a higher speed.
As any technology capability increases, it becomes more in demand, allowing people to reduce their workload, offering ease and comfort. Robotic process automation helps you standardize the process across organizations, enhancing the customer experience. RPA Service increases productivity five times and helps the organization improve production quality eliminating human resources. It is considered as one of the best technology to learn in IT industry 2020.
10. AI Security
Artificial intelligence is a modern implementationand a new technology in 2020 that helps the business to grow and operate with industries seamlessly. It enables the developers to create a great opportunity using machine learning, delivering transformation.
Artificial Intelligence Services Include:
- Machine learning-based Solutions
- Natural Language Processing
- Cognitive services
- Deep Learning
- Chatbot development
- Predictive Analysis
The artificial intelligence system helps you secure any data like machine learning modules, AI training modules, and others. Leverage the power of AI enhancing security defense, understand machine learning patterns, and eliminate cyber-attacks by automating the cybersecurity process. This new technology 2020 in computer science force drives business growth minimizing infrastructure cost.
Overall, it may be said for new technologies
These trending technologies are becoming an integral part of our lives, offering new-age transformation. Accelerate your business and become part of this wider umbrella by moving towards digitalization and adopting these latest technology trends 2020.
These emerging technology trends encourage you to boost your business while maintaining accuracy. Empower your business to embrace the latest technology in software development while changing the surface of how industries work. Identify the scope of these top new technologies bringing dynamic changes in the business world creating endless opportunities. Investing in trending technologies like Augmented reality, Virtual reality, Robotic Process Automation, Artificial Intelligence, Big Data, Blockchain, will not only increase the productivity of your business but also reduce the ultimate cost-reducing human efforts.
As 2019 is ending, offering these new-age technology trends 2020. Follow the vision of greater success by adopting these technologies and eliminate the risk of missing out in this fast forward world. These technologies are introducing innovation in multiple industries covering various business aspects, providing outstanding user experience. Explore the potential of these information technology trends 2020 and discover a new path to run your business successfully.
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