Ultimate Recap of Technology Trends in 2021

Recap of the technology trends 2021 - Streamtech Fiber Internet
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Written by: Maine Dela Cruz

The world is undergoing a significant digital revolution. Technological breakthroughs accelerate innovation, agility, and market development.

The Covid-19 pandemic accelerated digital transition and automation, enabling businesses to stay resilient in the face of hardship. Numerous organizations have embraced disruptive technology and altered their business models as a result. Some have shifted to work-from-home setup, thanks to fiber home internet that keeps businesses operational amidst a global crisis.

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Keeping up with developing technologies and the latest technological trends provides you with a significant advantage. And it involves keeping an eye on the future to determine the skills you’ll need to acquire in order to get a secure career in the future, as well as learning how to get there. But the only way to move forward is to look back. Here’s a recap of some recent technological advancements in 2021, to adopt and carry with them:

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Photo by Possessed Photography on Unsplash

1. 5G

5G refers to networks that use cutting-edge technology, including augmented reality and virtual reality. Where 3G and 4G technologies enabled us to browse the internet, use data-driven services, increase bandwidths for streaming on Spotify or YouTube and so much more, 5G services are expected to revolutionize our lives by enabling services that rely on advanced technologies like AR and VR, alongside cloud-based gaming services like Google Stadia, NVidia GeForce Now and much more. We can expect its use in factories, HD cameras that help improve safety and traffic management, smart grid control, and smart retail too.

2. Artificial Intelligence (AI) and Machine Learning

Artificial Intelligence, or AI, has already received a lot of buzz in the past decade, but it continues to be one of the new technology trends because its notable effects on how we live, work, and play are only in the early stages. AI is already famous for its superiority in image and speech recognition, navigation apps, smartphone personal assistants, ride-sharing apps and so much more.

Other than that AI will be used further to analyze interactions to determine underlying connections and insights, to help predict demand for services like hospitals enabling authorities to make better decisions about resource utilization, and to detect the changing patterns of customer behavior by analyzing data in the near real-time, driving revenues and enhancing personalized experiences.

Machine Learning, the subset of AI, is also being deployed in all kinds of industries, creating a huge demand for skilled professionals.

3. Blockchain

Although most people think of blockchain technology in relation to cryptocurrencies such as Bitcoin, blockchain offers security that is useful in many other ways. In the simplest of terms, the description of blockchain can be as data you can only add to, not take away from or change. Hence the term “chain” because you’re making a chain of data. Not being able to change the previous blocks is what makes it so secure. In addition, blockchains are consensus-driven, so no one entity can take control of the data. With blockchain, you don’t need a trusted third party to oversee or validate transactions.

4. Cyber Security

Cyber security might not seem like emerging technology, given that it has been around for a while, but it is evolving just as other technologies are. That’s in part because threats are constantly new. The malevolent hackers who are trying to illegally access data are not going to give up any time soon, and they will continue to find ways to get through even the toughest security measures. It’s also in part because adaption of new technology is for enhanced security. As long as we have hackers, cybersecurity will remain a trending technology because it will constantly evolve to defend against those hackers.

5. Edge Computing

Formerly a new technology trend to watch, cloud computing has become mainstream, with major players AWS (Amazon Web Services), Microsoft Azure, and Google Cloud Platform dominating the market. The adoption of cloud computing is still growing, as more and more businesses migrate to a cloud solution. But it’s no longer the emerging technology trend. Edge is.

As the quantity of data organizations is dealing with continues to increase, they have realized the shortcomings of cloud computing in some situations. Edge computing is designed to help solve some of those problems as a way to bypass the latency caused by cloud computing and get data to a data center for processing. It can exist “on the edge,” if you will, closer to where computing needs to happen. For this reason, edge computing can be used to process time-sensitive data in remote locations with limited or no connectivity to a centralized location. In those situations, edge computing can act like mini datacenters.

Edge computing will increase as the use of the Internet of Things (IoT) devices increases. By 2022, the global edge computing market is expected to reach $6.72 billion. And this new technology trend is only meant to grow and nothing less, creating various jobs, primarily for software engineers.

6. Internet of Things (IoT)

Another promising new technology trend is 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.

As consumers, we’re already using and benefitting from IoT. We can lock our doors remotely if we forget to when we leave for work and preheat our ovens on our way home from work, all while tracking our fitness on our Fitbits. However, businesses also have much to gain now and in the near future. The IoT can enable better safety, efficiency, and decision-making for businesses. This is because of the collection and analysis of data. It can enable predictive maintenance, speed up medical care, improve customer service, and offer benefits we haven’t even imagined yet.

The global spending on the Internet of Things (IoT) is forecast to reach 1.1 trillion U.S. dollars in 2022. The forecast for new technologies such as 5G is to drive market growth in the coming years. And if you wish to step foot in this trending technology, you will have to learn about Information security, AI and machine learning fundamentals, networking, hardware interfacing, data analytics, automation, understanding of embedded systems, and must-have device and design knowledge.

7. Quantum Computing

The next remarkable technology trend is quantum computing, which is a form of computing that takes advantage of quantum phenomena like superposition and quantum entanglement. This amazing technology trend is also involved in preventing the spread of the coronavirus, and to develop potential vaccines, thanks to its ability to easily query, monitor, analyze and act on data, regardless of the source. Another field where quantum computing is finding applications in banking and finance, to manage credit risk, for high-frequency trading and fraud detection.

Quantum computers are now a multitude of times faster than regular computers and huge brands like Splunk, Honeywell, Microsoft, AWS, Google, and many others are now involved in making innovations in the field of Quantum Computing. The revenues for the global quantum computing market are projected to surpass $2.5 billion by 2029. And to make a mark in this new trending technology, you need to have experience with quantum mechanics, linear algebra, probability, information theory, and machine learning.

8. Robotic Process Automation (RPA)

Like AI and Machine Learning, Robotic Process Automation, or RPA, is another technology that is automating jobs. RPA is the use of software to automate business processes such as interpreting applications, processing transactions, dealing with data, and even replying to emails. RPA automates repetitive tasks that people used to do.

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 have total automation, but about 60 percent can have partial of it.

For you as an IT professional looking to the future and trying to understand the latest technology trends, RPA offers plenty of career opportunities, including developer, project manager, business analyst, solution architect, and consultant. And these jobs pay well. An RPA developer can earn over ₹534K per year – making it the next technology trend you must keep a watch on!

9. Virtual Reality and Augmented Reality

When it comes to these two technologies, Virtual Reality (VR) is concerned with creating a realistic environment of the physical world using computer technologies, while Augmented Reality (AR) is concerned with enhancing the environment using computer-generated elements. Although VR has primarily been for gaming thus far, it has also been for training, as with VirtualShip, a simulation software used to train U.S. Navy, Army, and captains of Coast Guard ships.

In 2022, we can expect these forms of technologies to have further integration into our lives. Usually working in tandem with some of the other emerging technologies we’ve mentioned in this list, AR and VR have enormous potential in training, entertainment, education, marketing, and even rehabilitation after an injury. Either could be used to train doctors to do surgery, offer museum-goers a deeper experience, enhance theme parks, or even enhance marketing, as with this Pepsi Max bus shelter.

10. Cleantech trends

Renewable energy, cleaner/greener transport, energy-efficient buildings, and sustainable water consumption are at the heart of cleantech trends. As the costs associated with clean-tech fall, their use becomes more widespread. Similarly, their disruption is recognizable across a growing number of industries.

“Companies must keep pace with emerging business-building opportunities by designing operational improvement programs relating to technology development, procurement, manufacturing, and cost reduction,” McKinsey believes. “Advancing clean technologies also promise an abundant supply of green energy to sustain exponential technology growth, for instance, in high-power computing.”

How to Keep Up with a Tech Trend

No matter what industry you are in, the technology you use is developing rapidly. To advance in your career, you need to stay up to date on trends in technology. Here’s how you can keep up with the latest trends in technology:

1. Join a professional organization

Many professional organizations produce magazines filled with current news and tech advances.

2. Find a mentor

You can find a mentor that is tech-savvy and learn from them. Meet periodically with your mentor to discuss tech advances and applications in the workplace.

3. Attend industry conferences and tech events

You can listen to industry leaders, attend classes and talk with vendors about their products. You can also check out technology-focused events and apply what you have learned to your industry.

4. Devote time daily to tech news

A small portion of each day is all it takes to stay up to date with technology news. For the most balanced approach, you can get your news from technology-focused publications and tech news sites online.

5. Connect with social media

You can subscribe to newsletters or set alerts to notify you when your favorite tech influencer posts new material. Besides influencers, you can follow industry and tech company accounts to learn about emerging technologies.

6. Prioritize learning

Many tech education companies offer free or inexpensive online classes. Some online classes offer tech and industry-specific certifications. You can also take online classes through colleges or universities.

Keep Up with Tech Trends in 2022 with Streamtech!

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Tech trends are ever-changing and change happens faster than you know it. Whether you’re running a business, studying technology-related courses, or just a tech junkie, you need to keep up with these trends. Of course, this is if you don’t want to miss out on a lot of things. What you need is a fast and reliable fiber home internet provider in the Philippines. It will keep up with the rapidly changing times.

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