The rapid change in technology has now became one of the factor which changes the lifestyle of most of the people. When the technology evolves, it keeps on changing and developing which makes the work convenient for us. Modern technology has made it possible for the discovery of many multi-functional devices like the smartwatch and the smartphone. With all of these technologies, it has made our lives easier, faster, better and more exciting. On the other hand, through these technological advancements most of the companies are marketing their product through different commercial software like Flipkart, Amazon, and Myntra. Therefore, it can be presumed that the future of technology is even more interesting than what is happening right now. Moreover, let’s discuss about some of the top 5 latest technologies to learn in software sector to survive for next ten years.
- Artificial Intelligence (AI)
Artificial Intelligence which is also known as AI technology has experienced a huge demand in the recent years. It has remain eternal trend as it has changed the approach of leading a better life with technology. Moreover, other branches of AI have developed, including Machine Learning, which we will go into below. AI refers to computers systems developed to mimic human intelligence and perform tasks such as recognition of images, speech or patterns, and decision making. AI can do different tasks with efficiency and accurately as compared to humans. AI has been developed during 1956. This technology has been widely used in different countries. Recently, it has been claimed that every day, five out of six Americans use AI technology in different form which includes navigation apps, streaming services, smartphone personal assistants, ride-sharing apps, home personal assistants, and smart home devices. Additionally, AI technology is used to schedule trains, assess business risk, predict maintenance, and improve energy efficiency, among many other money-saving tasks. AI is one of the part of what we recognize as automation. It has turned into a serious concern for most of the potential people of getting job loss. According to intellects and experts, automation will eliminate 73 million more jobs by 2030. However, on the other hand it is creating jobs as well as, especially in the field of AI which is predicted that 23 million new job opportunities will be there by 2020. Basically, the Jobs opportunities will be there in the field of development, programming, testing, support, and maintenance.
- Machine Learning
Machine learning is regarded as a subset of AI technology. In machine learning, computers are programmed to develop some learning which they are not programmed. The learning is done through discovering patterns and insights from various data. There are two types of machine learning that is supervised and unsupervised. If machine learning is a subset of AI, then machine learning also have a subset which is neutral network, natural language processing (NLP) and deep learning. All of these subset provides opportunity for specializing in a career. Machine learning has been gradually developing in different kinds of industries as well as creating huge demand for skilled professionals. Machine Learning applications is useful for data analytics, data mining and pattern recognition. On the consumer part, Machine Learning facilitates web search results, real-time ads, and network intrusion detection, to name only a few of the many tasks it can do.
- Robotic Process Automation (RPA)
Likewise in machine learning and AI, Robotic Process Automation is another advanced technology that is doing automated works. This technology is a utility software to automate business processes such as interpreting applications, processing transactions, dealing with data, and even replying to emails. Moreover, Forrester Research claims that RPA technology will damage the employment of 230 million or more eligible workers or approximately affecting 9 % of the global workforce. Although, this technology is also creating new jobs while altering existing jobs. In next ten years this technology will play an important role in software sector development and creating new prospects of employments. RPA technology provides various career opportunities which includes developer, project manager, business analyst, solution architect, and consultant. According to the SimplyHired.com, the average RPA professionals can earn more than $73,861 which clearly indicates its future prospects for seeking a job opportunity.
Most of the people have a belief that block chain technology is somehow associated with cryptocurrencies like bitcoin. Blockchain is actually a type of security that is useful in different ways. In general, blockchain is a data that you can only add to not take away or change. The term “chain” means making a chain of data.. With blockchain, you don’t need a trusted third-party to oversee or validate transactions. Blockchain technology has significant role in protecting information such as personal medical data. This technology could be used to drastically improve the global supply chain, as described here, as well as protect assets such as art and real estate. As the usage of blockchain technology increases, gradually the demand for skilled professionals increases. Blockchain-related jobs are the second-fastest growing jobs around the world, with 14 job applications are available for every blockchain developer.
Virtual Reality and Augmented Reality
Virtual Reality (VR) immerses the user in an environment while Augment Reality (AR) enhances their environment. VR has primarily been used for gaming purpose. Virtual Ship, a simulation software used to train U.S. Navy, Army and Coast Guard ship captains. AR technology is important in advance technology development for the future, the most perfect example of AR technology is Pokémon Go.
So, all these technology has the potential for developing the software sector, which not only connects the people with technology but also provides ample of opportunity of employment. Technology has boosted every industry. Businesses have grown, creating more employment opportunities. Advancements in technology has made an evolution of newer and faster modes of transport and communication. These smart technology keeps on developing which enables all the people with connected to each other. Therefore, this top 5 latest technologies to learn in software sector to survive for next ten years.