Getting to know the emerging trends is essential for every person working or owning a business. It is how the skills and processes evolve in a company. On that note, if you think the Internet of Things (IoT), artificial intelligence (AI), and machine learning (ML) are the emerging trends in information technology, you’re already lagging very far on the trend. Lately, generative AI has superseded AI, robotics process automation (RPA) has superseded robotics, and a lot more are on the list. Check out these top seven emerging technologies and trends this year.
Emerging Technology Trends in 2024
- Datafication
- Metaverse
- Extended Reality
- Generative–AI
- Phygital Convergence
- Robotic Process Automation (RPA)
- Cyber Resilience
Datafication
This technology is nothing but transforming every piece of data in the real world into software to upgrade regular human chores into data-driven, effective functions. With the help of this datafication, the smart devices and applications of this digitalized and industrialized era can get more power with more data streamed and stored. People in this field will be called data engineers or data scientists.
Metaverse
Though many of you have already begun interacting with others in real-time in digital spaces, this technology is still budding with advancements that we never anticipated. More companies are taking the plunge to test the metaverse in their own ways and still, a bunch of them are reluctant to test it out.
Extended Reality
It is a synergy of virtual reality (VR), augmented reality (AR), and any other form of mixed reality (MR). These emerging technologies have applications not only in gaming but also in the medical field, modeling, and retail. The main role in this technology would be extended reality architect.
Generative–AI
Certainly called a dangerous emerging tech by some people, it is a new automation technology that has automated AI, which means it enables machines to act like humans. For example, create content, compose music, write content, develop an image, etc. These generative AIs can be your smart personal assistants, with all the data and technologies in hand. However, the debate is still going on about whether or not it can replace most jobs for humans.
Phygital Convergence
The physical world plus the digital world makes the new ‘Phygital’ world. Gone are the days when people created digital avatars or virtual environments while gaming or tiktok’ing. Now is the time for the Phygital digital twin. It is the concept of creating the real world virtually—be it an object, product, or process. This is newly emerging across industries. Information technology plays a crucial role in this emergence, as data transfer from the real world is the basic component of creating a digital twin in a virtual realm.
Robotic Process Automation (RPA)
RPA is where you use software and information technology to automate the repetitive business processes that employees currently do. Responding to emails, interpreting applications, processing requests, etc. are some repetitive tasks that people in multiple business sectors do. The role of RPA is to automate them and alter the way they work. The designations of these RPA’s would be RPA Developer, Analyst, or Architect.
According to a McKinsey research study, it is anticipated that about 5% of occupations can be 100% automated and about 60% of occupations can be half-automated.
Cyber Resilience
In the last decade, you might have heard about data threats, which have emphasized the importance of cyber security. This year, it is not cyber security that is the talk of the town. Instead, it is something that’s upscaled—cyber resilience. It involves technologies like cyber defense automation or AI integration, integration of cyber defense frameworks, continuity protocols, etc. In simple words, when cyber threats are upgraded, so are cyber defense or cyber security technologies.
