There was a video that populated the internet a couple of weeks ago. It showed Bill Gates on the David Letterman show explaining “the big new thing.” This is what struck me. Letterman asks, “what do I need?” And it’s a question many are asking today. So many new things are popping up, and today, it’s absurd to even think that people had no idea what homepages meant.
History should not repeat itself. Apparently, he who laughs last laughs best. Bill is really laughing today. Don’t be the person who makes fun of the possibility of things without actually knowing what’s in the works. Stay glued for quick understandable updates on top 5 technology trends you must know about in 2021.
Artificial Intelligence and Machine Learning
Heads turn when someone who studied AI walks into the room because this person is presumptuously way ahead of the game. Their future is secure and they must be very smart. Truly, AI and Machine Learning are the future, and here is why. These two have garnered a lot of attention this past decade but even though these terms are used interchangeably, they aren’t quite the same. Big data is the common term in both instances. AI is the larger concept of machines having the ability to perform in a “smart” way, while machine learning is under the AI umbrella. It is the study of algorithms that are able to improve on their own by “feeding” it with data. Estimated to grow to $190 billion by 2025, these two play an important role in analysis, conversations with bots, and all that good stuff.
Robotic Processes Automation
Heard of robots replacing humans? This might be directly linked to that rumor. RPA allows employees to grant access to software to a robot to analyze and translate current applications, and eventually process transactions, and trigger responses with other digital systems. This removes the possibility of “human error”, cuts labor costs, and saves time and money. RPA seeks to make administration more efficient and accurate. You have probably interacted with RPA without your knowing. Remember when you called customer service to file a complaint and an automated online assistant either answered the phone or responded to your message on a website? Whether that was annoying or cool, the fact that they are available after work hours to assist customers is enough reason to explain its growth.
Virtual Reality and Augmented Reality
VR allows the user to leave the real world and fully enter a digital one. It’s interesting people still think VR is widely futuristic. Wrong thought. It’s not only relevant in the gaming and movie industries. VR is being used in the military, healthcare, telecommunications, construction, and even sports. The tip of the iceberg you might have touched are those glasses you put on at the cinema when you go in to watch a 4D movie. Facebook’s Oculus allows users to immerse themselves in games like Jurassic World, Star Wars, and The Climb with hearts pounding and gleeful screams. Augmented Reality adds computer-generated images onto a real-world object. This enhancement can be in the form of images, texts, or other virtual information. Like we mentioned earlier, AR was all fun and games until the retail shop IKEA used AR to help customers visualize what certain products will look like in their home before purchasing them online. Other industries like travel and tourism, automotive, and aviation are incorporating AR into their operations as well.
Internet of Things (IoT)
This has to be everyone’s favorite. IoT is basically what the prefix inter stands to convey; between. It is the interconnectivity and interrelatedness of objects and their ability to accumulate and transmit data over a wireless network without human intervention. A simple explanation of IoT is in smartwatches. The Apple Watch 4 has an electrocardiogram feature in the heart rate app which has the ability to monitor heart diseases. In the unfortunate event of someone getting a hard fall, the watch can detect this and call emergency services. If you are also daydreaming of a house with smart surveillance or hoping to get an Amazon Echo as a birthday gift, know that when you say “hey google, what does fiduciary mean?,” you’d be directly utilizing IoT.
Statistics show that the average consumer expectedly uses 11GB of data per month. You probably use more, and this is as a result of the surge in video traffic as most forms of entertainment are towing that line: YouTube, TikTok, Netflix. With consumers wanting fast food, the fast connection will be much appreciated. 5G is not owned by one company, but with the rise in IoT, Virtual and Augmented Reality, 5G will immensely improve the user experience. For app developers and service providers, this enhancement of mobile broadband is a foundation whose impact has not been unraveled in full. Speed is just the beginning. Even though 5G has received some backlash with the numerous extensions of cellphone towers ruining city aesthetics and the fast battery drain it causes to devices, the room for improvement seems exciting.
Technology can make life easier, better, safer, and perhaps more fun. Here at QodeHub we do well to keep up with the latest technological trends that help us improve our services and better serve our clients.
With the surface understanding of the multi-million industries presented in this article, we hope you can join the conversation the next time any of these trends are mentioned in a social gathering.
Written by Ian Frank Hutchful — SEO & Content Writer