Trending Technology in the IT Industry It’s no secret that technology evolves faster than the average person can keep up with it.The same goes for the information technology industry, and many industries like it, where the way that businesses operate is constantly changing and evolving.Today, we’re going to talk about some of the trends that are happening in the technology world today, as well as why you should pay attention to them if you want to be successful at your job and make sure your business stays competitive in this market.
Artificial Intelligence
One of several new technologies being developed by some of today’s most influential tech companies, artificial intelligence is fast becoming a hot topic for investors and consumers alike.
What exactly is AI? According to an expert from MIT Media Lab: Artificial intelligence is developing systems that can perceive and understand our world, act within it, and improve themselves.
When applied to computers, AI software allows machines to learn how to function based on previously-learned information. This essentially creates a machine that can teach itself how to do new things. In fact, Google recently released its newest operating system—Chrome OS—which utilizes AI at its core.
Virtual reality
One of top trending technologies on Google Trends is virtual reality (VR).
VR is a type of computer-generated simulation that creates a realistic and immersive experience, simulating an environment by surrounding users with images or sound created via computer software.
Users can interact with simulations by using special electronic equipment, such as a VR headset and handheld controller. The availability of easily accessible devices has resulted in increasing interest from consumers; however, adoption is still relatively low compared to traditional applications such as tablets and laptops.
Despite being slower to adoption than some of its competitors, there’s no doubt that VR will be a large part of computing going forward—both for consumers and businesses.
Big Data analytics
Not only have low-cost hard drives made it easier to store mountains of information, but they’ve also brought down other barriers associated with big data analytics.
Companies are now able to easily store massive amounts of information and analyze it efficiently. Thanks to advancements like Hadoop, which allows multiple users to access data without overloading a server, companies can share their analytical insights with anyone who needs them.
And if your company isn’t already capitalizing on big data analytics, you may want to start doing so soon: A recent study from Gartner found that by 2018, those who don’t use these strategies will lose out to those who do.
HTTPS Encryption – Google Chrome has started phasing out support for HTTP, or Hypertext Transfer Protocol, completely replacing all websites using non-secure HTTP connections with HTTPS encryption protocol by October 2016.
The IT Industry refers to a sector which provides various services or products related to computers.
The main sub sectors include computer hardware, software development and electronics – all related areas including telecommunications infrastructure, web design and other digital media industries.
The latest trending technology is something that has just come into practice or become popular; an innovation or novelty.
Cloud Computing
While cloud computing is popularly known as storing data in remote servers, it has evolved into a new form of computing.
The most recent example of cloud computing’s evolution is so-called software as a service (SaaS). SaaS allows software to be delivered over an Internet connection rather than on physical devices like a computer or mobile phone.
As more and more individuals and businesses are relying on SaaS platforms for running their businesses, companies need to embrace these changing technologies if they want to keep up with competition.
Another driving force behind many of these trends is that firms have become increasingly focused on gaining competitive advantage from information sharing and leveraging existing resources instead of investing heavily in creating new ones.
Software-as-service solutions help firms reap all these benefits.
These services leverage other enterprise assets and applications without needing to purchase them individually or develop custom, proprietary software.
Cloud computing helps drive all sorts of innovation by freeing up internal resources to focus on other tasks and initiatives.
And because no one business controls any one platform, there is much better opportunity for collaboration among vendors regardless of size. Collaboration leads to cross-pollination between industries–which can lead ultimately lead to innovation!
Blockchain Technology
Blockchain is a distributed ledger (i.e., a database) of transactions or records that are validated and replicated across multiple systems.
The most well-known blockchain implementation, Bitcoin’s Blockchain, was invented as an alternative to centralized digital currency by Satoshi Nakamoto in 2008.
While earlier attempts at digital currencies such as Liberty Reserve were shut down due to alleged criminal activity, Bitcoin’s Blockchain has survived and thrived—and many experts say it will do so for decades to come.
Even if you don’t think you need it today, blockchain could soon revolutionize your business. If nothing else, follow developments carefully: The future might look very different than we expect.
Below are some common questions about blockchain technology…
How Does It Work? Blockchains use cryptography to protect data from malicious third parties while maintaining transparency. Whenever data is stored on a block, multiple copies are stored on each participating system, which all maintain an identical copy.
A consensus mechanism allows peers to agree when new data should be added to their own copies of a ledger; then, once new data is confirmed true via consensus mechanism, peers update their copies with those blocks containing new info and continue validating them against other peers.
When applied in money transfers or other cryptocurrencies like Ethereum and Litecoin, blockchains allow consumers/investors/traders to exchange value with greater ease and speed than ever before possible.
Internet of Things (IoT)
The Internet of Things (IoT) is a growing field. For example, suppose you want to monitor your house’s temperature while you’re away on vacation—you could set up a smart thermostat that would report back to your phone via a mobile app.
The possibilities are endless. But how do you know where to start?
One great resource is IoT Thoughts, which is dedicated to exploring and understanding everything about IoT. If it’s trending in tech right now, you can bet they have something to say about it.
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