Advances in AI, machine learning, robotics, and other technologies have increased the pace of change tenfold. By 2025, we estimate that 50 billion devices will be connected to the Industrial Internet of Things (IIoT), while 70 percent of manufacturers are expected to be using digital twins regularly (by 2022).
Over the past few years, artificial intelligence and machine learning have been the headliners among emerging information technologies. Many large businesses have begun to introduce AI and ML solutions into their operations
Although the first 5G-enabled devices were connected to the network in 2019, the new standard has not become ubiquitous yet. Unsuitable infrastructure and lack of compatible devices were the main obstacles for 5G expansion in previous years.
You may be surprised, but traditional computers are objectively quite slow. Information technology trends say that the next generation of computers will be quantum computers. The technology is actively maturing now and is going to supplant current technology.
Though most people still associate blockchain with cryptocurrencies only, the technology has been successfully incorporated into many other fields that require decentralized data storage and transparency of transactions. For example, blockchain is currently used for supply chain management
Spending on cybersecurity continues to grow for several reasons: More and more companies are undergoing digital transformation, so they need protection for their digital business environments. More businesses have been assessing the risks of data breaches and realizing the amount of financial and other losses they can avoid by developing a comprehensive cybersecurity strategy.
The demand for edge computing devices is steadily growing due to the large volumes of data that enterprises produce and need to analyze. The essence of edge computing is that data processing nodes are situated closer to data sources and consumers.
The automation of processes has been a ubiquitous trend for practically all industries and spheres over the past decade. Known as business process automation (BPA), it’s based on software systems such as CRM and ERP. These are tailored to the specific needs of enterprises, automating various repetitive tasks according to prescribed code
Initially, VR and AR technologies were used mostly in the gaming industry and entertainment. And this market continues to grow. However, the applications of augmented and virtual reality are not limited to games anymore.