The 21st century has been a century of technology that enables quick change and growth for the world. This year due to the outbreak of COVID-19 technology trends are also evolving and making IT professionals realize that their role will not stay the same in the contactless world tomorrow.
Here are the top new technology trends you need to look out for
- Robotic Process Automation (RPA)
- Artificial Intelligence (AI) and Machine Learning
- Internet of Things (IoT)
- Data Science
- 5G
- Cybersecurity
Robotic Process Automation (RPA)
Robotic process automation is a technology that automates software for business processes such as application interpretation, transaction processing, data management, or even automated e-mail response. RPA reduces the humans’ actions interacting with digital systems and software.
Although Forrester Research estimates RPA automation will threaten the livelihood of 230 million or more knowledge workers or approximately 9 percent of the global workforce, RPA is also creating new jobs while altering existing jobs. McKinsey finds that less than 5 percent of occupations can be totally automated, but about 60 percent can be partially automated.
Artificial Intelligence (AI) and Machine Learning
Artificial Intelligence (AI) and Machine Learning has created a lot of hype over the last decade and are still not bogged down and remain one of the trending technology in 2021. AI and Machine Learning is a technology that automates work like RPA.
AI is already well-known for its excellence in speech and photo recognition, navigation applications, smartphone private assistants, ride-sharing apps, and lots more. AI is used by various industries to automate their work.
Internet of Things (IoT)
The internet of things is the future which is now being built with WiFi connectivity means they can be related to the Internet — and to every other to exchange data over the Internet.
The internet of things allows humans to live and work smarter, to benefit entire control over their lives. In addition to providing smart devices to automate homes, IoT is also important to the business. IoT gives businesses a real-time inspect how their systems actually work, delivering insights into everything from the overall performance of machines to supply chain, logistics operations, reduce labor cost, and also offering transparency into customer transactions.
For More Information: Top Trending Topics of Technology in 2021
Artificial Intelligence Solutions is one of the major technology consultants that has provided to industrial productivity, effectiveness by integrating machine learning into their current business.https://www.appcodemonster.com/artificial-intelligence-development-services/
While as a core technology it may have become commonplace and seemingly limited in scope, the value that artificial intelligence services are adding to RPA makes it immensely dynamic and productive.Industries like banking, healthcare, insurance, finance, human resource management, etc., have been leveraging the services of RPA vendors for decades now.
Artificial Intelligence is the one that is making it taking it to the next level of smartness and humanness.But, isn't it the aim of RPA to reduce human effort and automate processes that can be done without human discretion/intervention?
So, why add humanness?Because that gives you a level of precisions that human discretion can deliver.
Later, we move on to what it can offer with the help of artificial intelligence companies.What RPA can Do for You:An overwhelming number of businesses have been leveraging the power of robotic process automation.
As per a report by Grand View Research, "The global robotic process automation market size was valued at USD 1.1 billion in 2019 and is anticipated to witness a CAGR of 33.6% from 2020 to 2027."Why?
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The new research report titled “Internet Of Things (IoT) In Logistics Market, Global Industry Analysis, and Forecast to 2027″ gives a detailed analysis and future forecasts of the market.
The report highlights the significant players, including market size, share, and demand, development.
This report further covers the latest trends, technological advancements, and growth opportunities.This research report also includes profiles of major companies operating in the global market.
Some of the prominent players operating in the global internet of things (IoT) in logistics market are Amazon Web Services, BICS SA/NV, Bosch Software Innovations GmbH, Cisco Systems Inc., Honeywell International, Intel Corporation, International Business Machine (IBM) Corporation, Kaa IoT Technologies, LLC., NEC Corporation, Novire Technologies, Octonion SA, PTC Inc., Rockwell Automation, Inc., and SAP SE.
This section cover profiling of major players in terms of important aspects such as company overview, financial overview, business strategy, and recent developments undertaken during the forecast horizon.Get more information on “Global Internet Of Things (IoT) In Logistics Market Research Report” by requesting FREE Sample Copy at https://www.valuemarketresearch.com/contact/internet-of-things-iot-in-logistics-market/download-sampleMarket DynamicsThe increasing internet penetration along with growth in e-commerce and quick delivery of goods is escalating the demand for IoT in logistics market growth.
Additionally, the rising adoption of logistics solutions and services is further pushing the market growth.
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IoT, also known as the internet of things, is an industry 4.0 technology.
Just as the name mentions, it connects things or devices, building up a massive network.
Here devices collect and share data.
Click here to learn more about IoT
