- January 24, 2022
- Posted by: user
- Category: Strategic IT
The world keeps on moving towards digitalization and technologies are advancing year after year. We are watching out for different technological changes in the 21st century and several highly commercial and prevalent technologies in the IT industry during the early 2000s have entirely vanished, and new ones have taken their place. On the Internet, daily news about technology and programming languages are coming and software developers and professionals are always looking for new technology advancements to grow their skills so that they can involve themselves in more innovations thus increasing productivity and contributing to the nation’s growth through the latest trending technologies. In this blog, we have explained some emerging IT technologies of 2022 that can improve software engineers’ careers and IT company’s growth. So, let’s dive in on top trending technologies and their importance in the coming months.
1. Machine Learning
Machine learning has already received a lot of buzz in 2021 but it continues to be one of the most popular technologies because of its notable effects. Machine learning is also a trendy technology in the IT industry, and it is defined as the subset of Artificial Intelligence that focuses mainly on the development of various computer programs which have access to data by providing the system with the ability to learn and find patterns automatically in the system without any human actions. Base on the type of data i.e., labelled or unlabelled, the model’s training in machine learning has been considered as supervised and unsupervised learning.
Forrester predicted that machine learning and AI will create nine percent of new jobs in America by the mid of 2025 and jobs include data scientists, automation specialists, content creators, machine learning engineers, and monitoring professionals.
Use cases of Machine Learning in Banking:
- Fraud prevention
- Credit scoring
- Anti-money laundering
- KYC process
- Payment processing
- Document processing
- Process automation
2. Human Augmentation
Investment in the human augmentation technology trend is growing fast and apparently, its global market will be worth approximately $400 billion by 2027. Human augmentation is the ability to perform several physical or mental actions with the help of tools that practically integrates into human bodies. As we are now experiencing an increase in our natural abilities thanks to smart wearables like smartwatches and of course smartphones. Human Augmentation is nothing but just taking the help of technologies like AI and IoT to not only enhance our daily lives but to take human intelligence to new heights.
Use case of Human Augmentation in Everyday lives:
- 3D Bioprinting
- Translation Tool
- Replicating Human Ability
- e-Sight wearable device
3. Robotic Process Automation (RPA)
Robotic process automation is another emerging IT technology that can be used for completing daily tasks like AI. This automated software application can be used for automating repetitive tasks, including handling and replying to email chains, processing transactions, and handling business data management. By using RPA technology you don’t need to write any code to automate any repetitive tasks without making mistakes. As compared to other software programs, the Robotic process allows an individual to automate at a fraction of the cost and time formerly experienced and it can help an individual to mechanize more than 40% of the daily tasks. This ultimate technology trend can be majorly used to manage mechanical tasks for low-level employees to high-ranking officials.
Use cases of Robotic Process Automation in Healthcare:
- Patient appointment scheduling
- Account settlements
- Claims management
- Patients discharge instructions
- Recording audit procedures
- Healthcare workflow
4. Virtual and Augmented Reality
VR portrays a 3D image of the character or place that communicates into the real world by using a pair of glasses with 3D lenses. On the other hand, Augmented reality is all about taking the transformation environment and adding some ‘augments” to it.
As more virtual games are getting launched across the world, more tech geeks and game lovers are addicted to VR and AR games. Even, various Virtual Reality applications are now installed in organizations and industries including engineering, construction, military, healthcare, education, IT, and more. These two terms are hard to be distinguished sometimes because many experts claimed that Augmented reality is better than virtual reality because it provides more freedom to the user.
Use cases of VR and AR in Retail & Ecommerce:
- Virtual try-on of products
- Make-up styling
- Store-like experience
- Product demos and tutorials
- Shopper engagement
- Virtual showrooms
- Shelf planning
5. Edge Computing
Edge computing formerly a brand-new technology to watch out for in 2022 because it is changing the technique through which the data is controlled, manufactured, and implemented from thousands of appliances. The world’s fastest mobile network-5G- uses edge computing systems to assist real-time applications like video processing and analytics, AI robotics, and self-driving cars.
Edge computing will increase when the utilization of Internet of Things (IoT) devices increases. By 2022, the global market of edge computing is expected to reach $6.72 billion because edge computing is designed to help some of those big problems as a way to bypass the latency caused by cloud computing systems and get data to a data centre for processing.
Use cases of Edge Computing in Telecom:
- 5G technology
- Developer-friendly apps
- Augmented reality apps
- Cell towers as data centres
- Secure edge gateways.
6. Internet of Behaviours (IoB)
Internet of Behaviours is a subset of IoT. IoT is concerned with data, information, and how various devices communicate with one another. IoB uses the same parameters as IoB but adds user behaviour to the mix to see how specific patterns and impressions influence user experience.
OLA, for example, has been tracking drivers and passengers using IoT. They offer a survey at the end of each ride to review the guests’ experience. They can collect historical data and avoid taking the survey since they can observe the driver’s conduct, understand the passenger’s reaction, and build on that input automatically via IoB.
Use cases of IoB in Healthcare:
- Track a person’s diet.
- Analyze sleep patterns.
- Measure blood sugar level & heart rates.
- Medicine reminders
- Location Tracking
- Facial Detection
- Health Monitoring
- Chronic Disease Tracking
7. Everything-as-a-Service(XaaS)
Everything-as-a-service” refers to the services and apps that users can request on the Internet.
The Everything-as-a-Service definition may appear ambiguous at first glance, yet it is not difficult to comprehend. It all began with the cloud computing terminology:
- SaaS (Software-as-a-Service)
- PaaS (Platform-as-a-Service)
- IaaS (Infrastructure-as-a-Service)
which implies that ready-made software, a platform for its creation, or a comprehensive computer infrastructure can all be delivered over the internet. Other services gradually emerged, and currently, the term as-a-Service relates to a variety of digital components, such as data, security, and communication.
Use cases of XaaS in Industries:
- Customers Can Pay on a Subscription Basis.
- Companies Can Become Leaner.
- Businesses Receive More Technical Support.
Technologies are evolving all around us with tight integration between most of the latest trends, varying combinations of technologies are likely to be required to compete with competitors in the business growth cycle. These technological changes are likely to achieve certain permanence and increased use in the coming future.