Sat. Jan 18th, 2020
techy trends

5 Technology Trends You Need to Know to Work in Any Industry

If you have been following the news on exciting technology trends like artificial intelligence, then you are likely aware that emerging technologies are changing the way we operate and interact with other people. In actuality, technology is revolutionizing how we do business and making high tech approaches an essential part of our lives.

Here are the top five tech trends you want to learn to work in almost any business.

Among the most prominent tech trends to emerge in recent years is the Internet of Things. It’s the notion that all technological devices can be connected to the internet and to each other to produce the perfect union between the physical and electronic worlds. How will this affect you? It is dependent upon your industry. For people working in marketing, advertising, media or business management, IOT could offer a wealth of information on how customers engage with products by monitoring their interactions with electronic devices. 

The way that it’s affecting businesses: The cool thing about IoT is that it is not just changing the way we do business but also the business models we use to do it.

Another exciting emerging technology is machine learning, which in a nutshell is a computer’s ability to learn by itself by analyzing data and monitoring repeating patterns. Social networking platforms use machine learning to find a better understanding of how you are connecting with those in your social network. They do this by assessing your likes, shares and remarks and then prioritizing content from your nearest relations, serving you that articles first.

The way that it’s affecting businesses: Companies like Google are using machine learning on mobile devices that may keep on learning even when offline. The outcome? Machine learning is reshaping the way companies interact with their customers in a big way by helping them anticipate and meet customer needs more readily.

Remember watching films about virtual reality and thinking how cool it’d be if it was really like that in real life? Well, it’s going to be. Although VR has existed since the 1950s until recently the technology was not capable of delivering the fully immersive digital experience users have been craving. That’s going to change with recent developments to both programming and hardware, and the effects will be felt across nearly every business from retail to schooling.

The way that it’s affecting industries: VR is very likely to affect companies across the board as they embrace the technology to help them engage clients more efficiently and optimize their sales and marketing campaigns. It is a potentially useful tool for studying and is increasingly being embraced by educational organizations.

Cognitive technology is in the same vein as machine learning and virtual reality except that it is a broader concept. The cognitive technologies umbrella includes things like natural language processing (NLP) and speech recognition. These various technologies can automate and optimize a good deal of tasks, including certain facets of bookkeeping and analytics.

The way that it’s impacting industries: Although cognitive technologies have a wide assortment of applications, among the industry sectors most affected by this trend initially are the applications industry. Automated analysis of consumer experiences and data will be especially helpful for software companies expecting to scale.

With emerging technologies changing professional businesses such as banking, eCommerce, health care and education, staying current on the newest trends will provide you with a better understanding of your chosen industry and make you a much more competitive candidate. On top of that, this understanding may open up new doors in your field and many others.

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