Typically, owing to the ever-evolving market scenarios, technology trends tend to change on a dime. All of us witnessed this rapid transformation of the tech scene during the pandemic when the focus shifted from in-person to remote working, skyrocketing the importance of the technologies that supported it.
In this blog, I want to shed some light on five technology trends that I believe will help you make the most of upcoming developments in the realm of tech. With these, you will be able to invest in cutting-edge technologies that are critical to business and will help you deliver growth and digitalization efficiently. So, without further ado, here’s a list.
According to Gartner, edge computing can be defined as a part of a distributed computing topology, wherein information processing is placed close to the edge, right where it is produced and consumed.
In essence, edge computing, developed in tandem with IoT, is responsible for bringing data computation and storage closer to where it is collected instead of relying on a distant central location. With edge computing, you can avoid latency issues in real-time data that affect the performance of the application.
A great advantage of adopting edge computing is that you can process data locally, thus lowering the amount of data that is processed in a centralized cloud-based location, making it a positive contributor to your bottom line.
Ever wonder if it’s possible for you to build a full-fledged application without any coding? The answer is ‘yes’. With the evolution of No code platforms, you can create mobile application software with simple graphical user interfaces coupled with configurators without touching the code at all.
No code platforms act as a visual mediator between you and the programming platform by enabling you to build and customize software using simple commands such as clicking, scrolling, and drag-and-dropping different parts of the visual interface.
With No code, non-technical users can custom build software faster than traditional approaches, all while fulfilling the need for workflow automation. With it, you can accelerate operations, efficiently adapt to change, and meet customer needs in a better manner. In essence, with No code, you will ‘Know your business and grow your business’.
Electric vehicles, fondly known as EVs, are no longer just a passing fad. Studies show that in the coming decade, battery prices will go down while the cost of petrol will keep escalating. This will result in most people choosing to buy EVs since it won’t make sense to buy a car that creates a dent in the ozone as well as their wallets.
Now, EVs are a combination of the best of what modern technology has to offer. These, however, are built on the foundation of IoT systems which leverage data gathered with the help of sensors to make intelligent decisions on behalf of humans.
In addition to making smart decisions, IoT enabled sensors coupled with a cutting-edge mobile app can enhance the charging stations, making them more user friendly and efficient for charging/refuelling as well as facilitating easy payments.
Blockchain technology has become a buzzword in today’s market. However, it requires a heavy setup and comes with several technical complexities that make it slightly unapproachable for some businesses.
To overcome the hurdle of developing, configuring, and operating a Blockchain as well as maintaining its infrastructure, Blockchain-as-a-Service (BaaS) came into being.
BaaS essentially deploys an external service provider and enables them to setup the necessary infrastructure for a fee. Once that is created, they continue to handle all the complex backend applications for you. Sounds like a neat deal, right?
With BaaS offering supporting activities for Blockchain, you as a client are free to focus on your core job- making the most of the functionality of Blockchain. BaaS, in my opinion, is the possibly the catalyst that will result in the widespread adoption of Blockchain.
To find out what value can be delivered using blockchain, check out our datasheet on BaaS.
In 2020, Hyper automation topped Gartner’s list of 10 Strategic Technology Trends for 2020. Hyper automation is a fairly new term; however, the concept has been around a while, disguised under the name of digital process automation or intelligent process automation.
Essentially, Hyper automation, referred to as the next phase of digital transformation, entails the use of advanced technologies, such as Robotic Process Automation (RPA), Artificial Intelligence (AI), computer vision, and Machine Learning (ML) to automate processes that were once executed by humans.
Hyper automation augments human abilities without replacing them but mitigates human errors drastically. This results in automated workflows, boosted collaboration, improved access to data, and enhanced business agility.
I hope this blog gave you some insight into a few disruptive technologies. Reach out to us at Nitor Infotech to learn more about how you can leverage these technologies to modernize your IT systems.
Shravani, a Lead - Marcom Executive at Nitor Infotech is a creative and technical content writer, an avid reader, and a stock market enthusiast. She is ambitious about learning something new every day, spending most of her time going down various rabbit holes. She enjoys the company of four-legged beings over two-legged ones and one day wishes to start her own animal rescue centre.
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