The Future of IT – 5 Trends in Tech that will shape the Next Decade

When we were hit by the pandemic back in 2020, the world has gone through one of its biggest disruptions and we have been forced to adapt our very way of life. This has only further driven the inevitable move towards digitization at an unprecedented pace.

Studies show that responses to Covid-19 have brought forward the adoption of digital technologies by several years. This is especially true in developed Asian cities where technology adoption is 10 years ahead of what was previously predicted based on surveys and studies.

Businesses ranging across various factors are more likely than ever to say that their main customer interaction happens online. This can be observed in everyday life by the rise of online shopping and e-hailing services as opposed to shopping in physical stores or simply waiting for cabs. Whether we choose to accept it or not, the future of IT is here, and it is here to stay.

Read on to find out 5 trends in tech that will shape the next decade.

Big Data

To put simply, big data is a set of data of greater variety, complexity and sources that can be extracted and analyzed through the use of systems. The shift online has led to massive data dumping and created a huge data pool. With the help of AI systems, organizations can now extract and segregate this data but there is still room for optimization through data storytelling. Once the information has been extracted, it is then the  job of the data expert  to break it down and create a narrative that allows for the data to be easily used.

Cloud computing

Cloud computing is the use of the internet for storing and managing data on remote servers and accessing said data over the internet as well. With the ever expanding need for storage, cloud based services will continue to rise as well as the demand for cloud computing professionals.

Cybersecurity

With seemingly everything moving online, and the increase of cyber security threats, there is a growing need to keep the cyberspace secure from both external and internal threats. As we keep moving forward in digitization, cybersecurity is predicted to be one of the biggest growing areas and experts in this line can expect to receive a handsome sum.

Digital Platforms

The growth of digital platforms such as Facebook and Instagram cannot be denied. This will only continue in an upwards incline. With newer digital platforms emerging, large platforms will be faced with the pressure to keep upgrading and evolving to anticipate the shift in consumer behaviour. It is not a stretch to say that digital platforms can even play a role in creating  user trends.

Robots

Though we probably aren’t at the age of Ultron just yet, this could very much be our near future. Robots and AI technology have grown so exponentially and  the advancements made in these last few years alone have pushed AI technology far beyond what was ever deemed possible. A time when robots are sentient enough to comprehend emotions is near.

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China may have Cash, but it can’t have Chips

September 13 last year (2017 that is) was one of those annoying days for China; President Trump vetoed the stoppage of Chinese private-equity firm’s proposed $1.3 billion purchase of Lattice Semiconductor, an Oregon-based chip manufacturer. Worst of all, that wasn’t the first failed take-over that China has been facing.

Make no mistake that China has cash and it has tons of it, as much as 34 billions US dollars have been invested to acquire American chip companies, but only 4.4 billion was ever transacted. Foreign governments have been wary China’s efforts to acquire technology assets in their country, as China invests greatly in hardware and software companies at home and abroad. Put it simply, everyone’s pretty afraid one day China would be too powerful to stop, just take a look how Huawei have overtaken Ericsson, Cisco and Motorola in the networking industry. China has the ability to go cheap and great, and if China acquires even more technology, patents and intellectual properties from foreign soils – they’ll monopoly almost everything. Continue reading “China may have Cash, but it can’t have Chips”

What Will Replace the Smartphone?

Smartphone will become obsolete, replaced by a new generation of wearable communication devices that will change the way we interact with the world. Credit: Kelvin Murray/Getty Images

Today, nearly eight in 10 Americans own a smartphone, and we’ve become accustomed to using them for everything from listening to music, taking pictures, reading news and posting on social media to shopping and making financial transactions. For many people, smartphones have taken the place of once common everyday implements like tape measures, flashlights and wristwatches.

Smartphones have transformed everyday life so much that it’s easy to forget that they only became popular a little more than 10 years ago. That’s when Apple released the iPhone, which combined mobile internet access and computing power with a multi-touch screen interface, making it possible to do pretty much everything by tapping, flicking and pinching with your thumb and forefinger. A recent survey found that smartphone users now spend about five hours a day using their devices, which is why it’s tough to walk down a crowded sidewalk in any major city without bumping into someone fixated upon his or her smartphone screen.

But with technological progress moving at broadband speed these days, it’s strange to think that the smartphone as we know it has a limited life expectancy. A 2015 survey of smartphone users across the world by Swedish communications technology and services company Ericsson found that one in two expected that the smartphone would become obsolete by 2020.

Which leads to the big question: What’s going to replace the smartphone? Prognosticators predict that advances in technologies such as virtual reality, augmented reality, artificial intelligence and wearable electronics will spawn a new generation of devices that could change our everyday existence even more than the smartphone did. Continue reading “What Will Replace the Smartphone?”