Top 8 Technology Trends for 2020

Tech trends 2020

1. Artificial Intelligence (AI)

    AI is one aspect of what we generally refer to as automation, and automation is a hot topic due to potential job losses. Experts say that automation will eliminate another 73 million jobs by 2030. Nonetheless, automation creates and removes jobs, especially in the field of AI: experts predict 23 million jobs in AI by 2020. Jobs will be created, to name but a few, in development, programming, testing, support and maintenance. Another such work is architect of artificial intelligence. Some say it will soon rival skilled professionals in need of data scientists.

    2. Machine Learning
      Machine learning is being rapidly deployed in all kinds of industries, creating enormous demand for qualified professionals. The market for machine learning is set to grow to $8.81 billion by 2022. Applications of machine learning are used for data analysis, data mining and pattern recognition. On the consumer end, web search results, real-time ads and network intrusion detection are powered by machine learning, to name just a few of the many tasks it can do.


      And as well as accomplishing endless things on our behalf, it creates jobs. Machine learning jobs rank among the top new workers on LinkedIn, with nearly 2,000 listed job listings. And those jobs pay for themselves well.
      In 2017, the median salary for a machine learning engineer was $106,225. Machine Learning jobs include engineers, developers, researchers, and data scientists.

      3. Robotic Process Automation or RPA

        Robotic Process Automation, or RPA, is another technology which automates jobs, including AI and Machine Learning. RPA is the use of software to simplify business processes such as program analysis, transaction processing, data handling and even email replying. RPA automates the repeat tasks people used to perform. These are not just a low-paid worker's menial tasks: up to 45 percent of the things we do can be automated, including the work of financial managers, doctors and CEOs.

        Although Forrester Research estimates RPA automation will threaten the livelihood of 230 million or more knowledge workers, or approximately 9 percent of the global workforce, RPA is also creating new jobs while altering existing jobs. McKinsey finds that less than 5 percent of occupations can be totally automated, but about 60 percent can be partially automated.


        4. Edge Computing 

        As the amount of data we're dealing with continues to increase, in some situations we've realized the shortcomings of cloud computing. Edge computing is designed to help solve some of those issues as a way to bypass the latency caused by cloud computing and get data to a processing datacenter. If you like, it can live "on the bottom," closer to where the computation needs to happen.

         For this purpose, edge computing can be used to process time-sensitive data with minimal or no access to a centralized location at remote location. Edge computing can act like mini datacenters in those situations. Edge computing will increase as use of the Internet of Things (IoT) devices increases. By 2022, the global edge computing market is expected to reach $6.72 billion. As with any growing market, this will create various jobs, primarily for software engineers.

        5. Virtual Reality and Augmented Reality

        For training, entertainment, education, marketing, and even recovery after injury, both VR and AR have enormous potential. Whether it could be used to train doctors to do surgery, give museum guests a deeper experience, boost theme parks, or even improve marketing, as with this Pepsi Max bus shelter there are major players on the VR market, such as Google, Samsung and Oculus, but many start-ups are emerging and recruiting, and the demand for VR and AR skills will only increase. 

        It doesn't take much specialized knowledge to get started in VR. Basic programming skills and a forward-thinking mindset can land a job, although other employers will be looking for optics as a skill-set and hardware engineers as well.

        6. Blockchain

        Many sectors include blockchain and introduce it, and as the use of blockchain technology grows, so does the market for qualified professionals. We are already behind in that respect. Blockchain-related jobs are the second fastest growing job category, with 14 job openings for every single blockchain developer, according to Techcrunch.com. A developer of a block chain is specialized in the development and implementation of architecture and solutions using blockchain. An average Blockchain developer's annual salary is $130,000.

         
        7. Internet of Things (IoT)

        Many “things” are now being built with WiFi connectivity, meaning they can be connected to the Internet—and to each other. Hence, the Internet of Things, or IoT. The Internet of Things is the future and has already enabled devices, home appliances, cars and much more to be connected to and exchange data over the Internet. And we’re only in the beginning stages of IoT: the number of IoT devices reached 8.4 billion in 2017 is expected to reach 30 billion devices by 2020.

        8. Cybersecurity

        Cybersecurity may not seem like emerging technology, considering it's been around for a while, but it's developing just like other technologies. That's partly because threats are ever-new. The malevolent hackers who are attempting to access data illegally will not give up any time soon, and will continue to find ways to get through even the toughest security measures. 

        It's partly also because new technology is being applied to improve safety. So long as we have hackers, as an emerging technology, we will have cyber security, because it will continuously grow to protect against those hackers.

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