Ever since the industrial revolution, technology has played a huge role in everyday life. It has made life better, safer. Today, technology is also dictating terms in the business world and has made strong headway into all the major industries. So, if you want to succeed in life, you should get a good education and make an excellent career in any of the trending technologies of 2020-21.
These trending technologies are relatively new but are growing fast. These technologies require talented professionals to contribute and manage them. They have become so important that even working professionals who have been in the industry working for many years, are doing short courses and certifications in these trending courses.
One important thing about these trending technologies is that they are here to stay. They have become mainstream and will get developed further. So, knowing these technologies is going to be important for future careers.
Artificial intelligence (AI) is about creating near-human or superior intelligence in machines with the help of software and other related technology. This is the fastest-growing technology and is expected to make inroads into many industries. This technology is also at the heart of other technologies being used now or will be developed in the future. It is truly futuristic.
AI eliminates human errors. It could replace areas where human error can prove costly. Though sceptics would like to push doomsday scenarios of people being replaced by AI, the reality is that AI is also creating many jobs. In India, AI is expected to grow to a value of $935 billion. Students are realising the potential of this industry, and are getting educated in AI. Many top universities in the world have also begun offering degrees, diplomas, and courses in AI. So, this is a technology you need to learn.
Machine learning (ML) is another form of artificial intelligence but is being developed as a separate application of it. As the term makes it clear, ML is a technology that learns over time. It builds on the input of training data and starts learning on its own. ML has the potential to improve many aspects of our lives and is already being put to use. Currently, ML is used in computational statistics and analytics.
Since ML is a more concentrated part of AI, many students are opting to learn this as ML technology has taken many strides in the past few years. You can easily find graduate, postgraduate, diplomas, and certification courses by reputed educational institutes and universities. Today, the ML industry in India stands at a value of $6.4 billion. These figures are only going to get better, so it’s important that you start early in this industry to have a high-paying successful career.
Every time you do a task that has a digital footstep, you end up creating a lot of data. Now imagine billions of humans doing things every day. Quintillions of data is generated in exabytes daily, and all this can be termed as being a part of big data. This big data can be categorised in the structured and unstructured and be used to extract useful information based on which one can spot patterns, and make decisions and predictions. With the use of analytics, big data can be used to huge strides in innovation.
Big data is already a popular field of expertise. Important professions like data scientists, data architects, and data analysts are already counted amongst the top jobs in the country. Remember, the worlds data creation capacity is only going to increase, creating a high demand for big data experts. So, now is a great time to learn big data, and think of making a career in this industry.
Cloud computing is one of the biggest revolutions in IT. Massive servers stored in remote locations are known as cloud servers. These servers are used for computing and data storage. Think of the basic IT infrastructure in an office – single computing and storage server system with many users accessing it through a computer. This is how a cloud system works but on a humongous scale.
Cloud computing is powerful, safer, and cost-effective. It gives users access to a host of computing technologies that they normally would not have been able to do. Many companies are migrating to the cloud owing to technological advancement and data security. Therefore, this industry is only going to grow from strength to strength. If the cloud excites, find a good course and start learning. You can make an excellent career here.
One of the biggest achievements of blockchain technology is the crypto currency. But this technology has many other uses that are currently being explored. Security is one of them. Blockchain is a database of open-source, de-centralised technology that can be accessed and used by anyone for making transactions. Every time the technology is used, it is permanently recorded to the chain of transactions. Hence the name, blockchain.
Owing to the high-grade security of the technology, many companies across the world are moving towards using blockchain technology to make transactions secure. Worldwide blockchain technology will be worth $20 billion in 2024. There will be a huge demand for professionals like blockchain developers and engineers in the future, so this is a technology that can get you a secure, high-paying career.
The only technology that rivals cloud computing is edge computing. Cloud computing happens in a large centralised location, whereas edge computing takes place in data centres located on the edge, but a lot closer to the location that needs computing. They can be termed as mini data centres.
The latency and bandwidth issues of cloud computing are addressed in edge computing. Therefore, this alternative technology can easily overtake cloud computing. By 2027, edge computing will reach a value of $43.4 billion, making it one of the most valuable technologies of the future. So, education in edge computing can put you right on the edge of an excellent career.
The Internet of Things (IoT) is the reason why there has been so much widespread development in digitally powered devices. All these devices have chips and they connect to the IoT network and share data and interact with other devices on the internet. This data is then used to further improve other aspects of the device and the network. Its like humans developing an atmosphere that is conducive to their better health and high life expectancy.
In 2023, global spending on IoT is going to be $1.1 trillion, making it the fastest rising technology of the future. IoT is a technology that can really create an evolution in the digital sphere, so it would be a great idea to be a patriot of this technology that is only going to get better.
Virtual Reality (VR) is not new, but its resurgence is. Previously, this technology was written off because of the size of the technology, but today, this drawback has been negated. VR is the creation of a simulated environment that engages all your senses like sight, sound, feel, and smell. VR is the perfect technology to take gaming to the next level. However, VR can also be used for training and entertainment.
Currently, VR stands at a value of $18.8 billion and has a CAGR of 21.6%. These figures are only going to get better as VR technology spreads worldwide and gets adapted in many other countries. The gaming and entertainment industry are some of the most valuable industries in the world, and if you can get an education in VR technology, you can aim for a high-paying career in these industries.
Augmented Reality (AR) is different from VR technology. VR requires you to fully immerse into the simulated environment making it expensive. AR is more like an interactive experience with computer-generated perception. Though this technology also engages more than one of your senses, it does not get you fully immersed in the experience, which is actually a good thing.
The other advantage of AR is that you can get it on your smartphone. AR-ready smartphones are being made and will soon be commercially available all over the world. So, the demand and use of AR technology are only going to get higher. VR and AR technologies complement each other well, so you can look for courses that teach you both.
By the end of this year, humanity will have a vaccine for COVID-19. It is mostly due to the efforts of many researchers and scientists, but the piece of technology that has also played its part is quantum computing. Quantum computing is a superior computer technology that can process data on a higher level than other technologies. Quantum computing is also being used in the banking and finance industries.
Currently, only big brands are investing in quantum computing which means if you get an education in quantum computing, you will most likely be hired by companies like Google, Amazon, Microsoft, and Honeywell. Though it is a little difficult to find courses in quantum computing in India, you can study subjects like information theory, quantum mechanics, linear algebra, machine learning, and probabilities which lead to quantum computing.
Applications that make use of AI components are intelligent apps. The best examples of intelligent apps are Alexa, Siri, and Cortana. They make use of different kinds of data and voice commands to help us. Intelligent apps are designed to make life easier and safer, and their use is only going to grow as they further develop in technology.
Intelligent app development is one of the most lucrative careers in the world, and you can find many professional courses that will help you do that. Additionally, you can also learn AI, ML, deep learning, natural language processing, robotics, and data analytics to further your career in intelligent app development.
Deep study and understanding of nanotechnology and material science is what has led to the successful commercial use of foldable phones and bendable displays. This study has existed for a long time, but now that computing technology has caught up with it, the next few decades will see a leap in nanotechnology and material science and we will see products with unimaginable innovation.
Mankind is learning about nanomaterials, and how they can be manipulated to behave in a completely different way. Therefore, this technology is in its most interesting phases. It can change our perception and use of materials as they behave differently on a nanoscale. If you can make a career in this interesting industry.
There are so many menial tasks that waste time and money of organisations. The Robotic Process Automation (RPA) will automate all these menial jobs at the lowest costs. Of course, some of these jobs will be lost, but many jobs in the automation sector will also be created.
By 2027, the RPA industry is expected to reach a value of $11 billion. Therefore, you can be a part of this massive growth by studying RPA. You can get jobs like RPA developer, and RPA business analyst which come with excellent salaries and benefits packages.
Cybersecurity has seen a resurgence in the past few years as cyber-attacks have increased. Previously, there only used to be lone-wolf hackers but today cyber warfare is a reality. There are reports of countries using cyber warfare against each other. Terrorist organisations also have cyber divisions. Therefore, protecting data has become important.
Cybersecurity is seeing a huge demand that can only be met by professionals. Specific cybersecurity degrees and courses are being offered by top universities and private institutions in the country to meet the demand for cybersecurity experts. Cybersecurity experts are also one of the highest-paid professionals of 2020 and 2021.
Cobot stands for collaborative robots. Robot technology is revolutionising many industries, especially the manufacturing industries. But rather than completely replacing humans, these robots can actually create more jobs.
In the near future, humans will be working with robots.Overseeing robots, programming them, repairing them are still tasks that only humans can do. Therefore, as robot and cobot technologies grow, therell be a huge need for humans to manage and oversee these technologies. Robotics is one of the fastest-growing industries in India and finding a good course is not that difficult.
Education and career in the above-mentioned technologies is the best way to have a long, fulfilling career. These technologies are going to have a huge impact on humanity and change the world into something better, smarter, and efficient. So, if any of these trending technologies excite you, you should go for an education in them rather than traditional education.
In India, ASM IBMR has taken the initiative and has tied up with Amazon to MBA/PGDM courses in emerging technologies like artificial intelligence, machine learning, cloud computing, and big data. So, if you want to take advantage of these technologies and get the best education, you can fill out the enquiry form on their website and their representatives will tell you all about the courses. The response to these courses has been excellent, so you should hurry and enquire today!