
Technology is rapidly evolving today, allowing for faster change and progress and thereby accelerating the rate of change. However, it is not just technology trends and developing technologies that are changing; much more has changed this year as a result of the outbreak of COVID-19, which has made IT professionals recognise that their job in the contactless world of tomorrow will not be the same. In 2021-22, an IT professional will be constantly learning, unlearning, and relearning (out of necessity if not desire).
What does this imply for you personally? It entails keeping up with evolving technologies and the most recent technological trends. It also entails keeping an eye on the future to determine which talents you’ll need to find a secure work tomorrow, as well as learning how to get there. Because of the worldwide epidemic, the majority of the global IT workforce is sitting at home. And if you want to make the most of your time at home in 2022, here are the top 9 rising technology trends you should keep an eye on and try in order to secure one of the jobs that these new Latest Technology Trends will create:
1. Machine Learning and Artificial Intelligence (AI)
Artificial Intelligence, or AI, has generated a lot of noise over the last decade, but it remains one of the hottest new technological trends because of its significant impacts on how we live, work, and play. AI is already well-known for its supremacy in picture and speech recognition, navigation apps, smartphone personal assistants, ride-sharing apps, and a wide range of other applications.
Aside from that, AI will be used to analyse interactions in order to uncover underlying connections and insights, to predict demand for services such as hospitals, allowing authorities to make better resource allocation decisions, and to detect changing patterns of customer behaviour by analysing data in near real-time, resulting in increased revenues and personalised experiences.
By 2025, the AI market will be worth $190 billion, with global spending on cognitive and AI systems exceeding $57 billion in 2022.
New opportunities will be created in development, programming, testing, support, and maintenance, to mention a few, as AI spreads across sectors. AI, on the other hand, pays some of the highest incomes today, with rates ranging from over $1,25,000 per year (machine learning engineer) to $145,000 per year (AI architect), making it the top new technology trend to keep an eye on.
Machine Learning, a subset of AI, is being used in a wide range of businesses, resulting in a high demand for trained workers. According to Forrester, AI, machine learning, and automation will generate 9% of new employment in the United States by 2025, including robot monitoring professionals, data scientists, automation specialists, and content curators, making it yet another new technology trend to be aware of!
2. Robotic Process Automation Engineer Machine Learning Engineer AI Architect (RPA)
Robotic Process Automation, or RPA, is a technology that, like AI and Machine Learning, automates jobs. RPA is the use of software to automate business operations such as application interpretation, transaction processing, data management, and even email response. RPA automates tasks that formerly required human intervention.
RPA automation, according to Forrester Research, will threaten the careers of 230 million or more knowledge workers, or around 9% of the global population. However, RPA is also creating new jobs while changing old ones. According to McKinsey, only around 5% of vocations can be completely automated, but roughly 60% can be somewhat automated.
RPA offers a variety of employment prospects for IT professionals looking to the future and seeking to comprehend the latest technology developments, including developer, project manager, business analyst, solution architect, and consultant. And they are well-paying positions. RPA developers can earn more than $534K per year, making it the next technology trend to keep an eye on.
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3. Edge Computing RPA Developer RPA Analyst RPA Architect
Cloud computing, which was once a cutting-edge technology trend to keep an eye on, has now become mainstream, with major players such as Amazon Web Services (AWS), Microsoft Azure, and Google Cloud Platform dominating the industry. As more businesses transition to a cloud solution, cloud computing use continues to rise. However, it is no longer a new technical trend. It’s called the edge.
Organizations have recognised the limitations of cloud computing in various cases as the volume of data they deal with continues to grow. Edge computing is intended to address some of these issues by avoiding the latency imposed by cloud computing and delivering data to a data centre for processing. It can reside “on the edge,” as it were, closer to the point where computing is required. As a result, edge computing can be utilised to process time-sensitive data in remote places where access to a centralised location is limited or non-existent. Edge computing can operate as a tiny datacenter in these instances.
Edge computing will become more prevalent as the number of Internet of Things (IoT) devices grows. The global market for edge computing is anticipated to reach $6.72 billion by 2022. And this new technological trend will only continue to spread, producing a variety of professions, particularly for software engineers.
4. Quantum Computing Engineer
Quantum computing, a type of computing that takes advantage of quantum phenomena like superposition and quantum entanglement, is the next notable technology trend. Because of its ability to readily query, monitor, analyse, and act on data from any source, this fantastic technology trend is also involved in avoiding the spread of the coronavirus and developing viable vaccines. Banking and finance is another industry where quantum computing is being used to control credit risk, high-frequency trading, and fraud detection.
Quantum computers are currently many times faster than ordinary computers, and major companies such as Splunk, Honeywell, Microsoft, AWS, Google, and others are working on quantum computing breakthroughs. By 2029, the global quantum computing sector is expected to be worth more than $2.5 billion. And you’ll need knowledge with quantum mechanics, linear algebra, probability, information theory, and machine learning to create a name for yourself in this new trending technology.
5. Augmented Reality and Virtual Reality
Virtual Reality (VR), Augmented Reality (AR), and Extended Reality (ER) are the next great technological trends (ER). AR enriches the user’s environment while VR immerses them in it. Although this technology trend has mostly been utilised for gaming, it has also been used for training, such as with VirtualShip, a simulation software used to train ship captains in the United States Navy, Army, and Coast Guard.
We may expect these kind of technologies to become much more embedded into our lives by 2022. AR and VR have huge potential in training, entertainment, education, marketing, and even injury rehabilitation. They usually function in unison with some of the other developing technologies we’ve covered in this list. Both may be used to teach surgeons how to perform surgery, provide museum visitors a more immersive experience, improve theme parks, or even improve marketing, as in the case of this Pepsi Max bus shelter.
In 2019, 14 million augmented reality and virtual reality gadgets were sold. By 2022, the global AR and VR industry is predicted to reach $209.2 billion, resulting in more possibilities in the trending technology and more experts prepared to enter this game-changing field.
While some employers may look for optics as a skill set, keep in mind that getting started in VR doesn’t require a lot of specialised knowledge – basic programming skills and a forward-thinking mindset can land you a job, which is yet another reason why this new technology trend should be on your radar!