Nothing is constant in this world. Software technology trends provide guidance about the ongoing development that takes place in the information technology industry. In this article, we define the Top 10 Software Technologies.
- Artificial Intelligence
- Augmented Reality and Virtual Reality
- Big Data
- Cloud Computing
- Quantum computing
- Machine Learning
- Internet of Things (IoT)
- RPA (Robotic Process Automation)
- Cyber Security
Artificial intelligence is a branch of computer science. AI is an area of computer science that emphasizes the creation of intelligent machines that work and react like humans. AI can do tasks like recognition of images, speech or patterns and decision making, Planning, Problem-solving faster and more accurately than humans. Today AI becomes our part of life. In our routine life each and everywhere we use AI like navigation apps, streaming services, smartphone personal assistants, ride-sharing apps, home personal assistants, and smart home devices, schedule trains, assess business risk, predict maintenance, and improve energy efficiency, among many other money-saving tasks. The average salary of an AI programmer around $100,000 to $150,000.
Augmented Reality and Virtual Reality
Virtual Reality involves the user in an environment while Augment Reality increases their environment. Augmented reality adds digital elements to a live view often by using the camera on a smartphone. Examples of augmented reality experiences include Snapchat lenses and the game Pokemon Go. Using VR devices such as HTC Vive, Oculus Rift or Google Cardboard, users can be transported into a number of real-world and imagined environments such as the middle of a squawking penguin colony or even the back of a dragon. Marketing, advertising, health care, and manufacturing are some industries that have already begun adopting these technologies. Virtual Reality opens up newer avenues for gaming and interactive marketing. According to Monster.com, the demand for job candidates with VR knowledge is up 37%.
The term ‘big data’ itself explain that it is a collection of extremely big data sets that normal computing techniques cannot process. The term ‘Big Data’ does not only refer to the data, but also to the various frameworks, tools, and techniques involved. The Major Sources of Big Data are Black Box Data, Social Media Data, Stock Exchange Data, Power Grid Data, Transport Data, Search Engine Data. Revenue from Big Data applications and analytics is projected to grow from $5.3B in 2018 to $19.4B in 2026. Big data allow you
- To diversify your revenue streams
- To map the data landscape of your company
- To test different variations of CAD (computer-aided design) images to determine how minor changes affect your process or product.
- To re-develop the products/services you are selling
- Get actionable data that you can use to engage with your customers one-on-one in real time.
Blockchain represents a major transformation for key industries such as financial services, real estate, healthcare, insurance, public sector and many more. This is the tech that powers bitcoins, the whole new parallel currency that has taken over the world. A blockchain developer specializes in developing and implementing architecture and solutions using blockchain technology. The average yearly salary of a blockchain developer in between $150,000 and $175,000. Facebook, Amazon, IBM, and Microsoft are working on blockchain. Blockchain could be used to drastically improve the global supply chain, protect assets such as art and real estate, cryptocurrency.
cloud computing is the delivery of computing services—including servers, storage, databases, networking, software, analytics, and intelligence—over the Internet. Cloud Computing is one of the most trending technology. Cloud computing eliminates the capital expense of buying hardware and software. you use an online service to send an email, edit documents, watch movies or TV, listen to music, play games or store pictures and other files, it is likely that cloud computing is making it all possible behind the scenes. The biggest cloud computing services run on a worldwide network of secure data centers, which are regularly upgraded to the latest generation of fast and efficient computing hardware. Cloud computing services fall into four broad categories: infrastructure as a service (IaaS), platform as a service (PaaS), serverless and software as a service (SaaS). Amazon Web Services is one of these cloud platforms, featuring content delivery, database storage, networking, etc. The average salary of cloud computing professionals is $146,350.
A computer uses a series of zeros and ones to communicate information. While today’s computers are quite powerful but have some limitations that make it difficult to process challenging machine-learning problems. Quantum computing can help to produce serious machine-learning breakthroughs that might otherwise be impossible to solve. Quantum computing is defined as the use of quantum-mechanical phenomena such as superposition and entanglement to perform computation. Microsoft and Google both have just announced that they are expecting to reach key milestones in the development of the technology in the near future. These models can be used in everything from self-driving cars to marketing campaigns. Quantum computing roles include software engineers, researchers, experimental scientists, and programmers and the average salary is $73,980.
Machine learning is a core sub-area of artificial intelligence. Machine learning is one of the most innovative and exciting fields moving into the future, making it one of the most profitable skills you can learn. Machine learning can be applied to every industry, including healthcare, education, finance, etc. The Machine Learning market is expected to grow to $8.81 billion by 2022. Machine Learning jobs include engineers, developers, researchers, and data scientists. Netflix uses machine learning to make recommendations to its users. The average salary of Machine Learning Engineer $ 143K+. Machine learning is used to analyze huge volumes of data, for example, web search results, real-time ads on web pages and mobile devices, email spam filtering, network intrusion detection, and pattern and image recognition.
Internet of Things (IoT)
IoT essentially is connected with many devices and creating a virtual network where everything works seamlessly via a single monitoring center of sorts. All things are connected to the internet means IoT enables devices, home appliances, cars and much more to be connected to an exchange data over the Internet. We can lock our doors remotely, on-off home appliances, tracking our fitness, hailing a ride with Lyft all these things are possible with IoT. An IoT ecosystem consists of web-enabled smart devices that use embedded processors, sensors and communication hardware to collect, send and act on data they acquire from their environments. There are so many advantages of IoT like monitor their overall business processes, improve the customer experience, save time and money, enhance employee productivity, integrate and adapt business models, make better business decisions, generate more revenue. The average salary of IoT developers $59,849 – $123,163. Bain & Company expects annual IoT revenue of hardware and software to exceed $450 billion by 2020.
RPA (Robotic Process Automation)
RPA is the use of software to automate business processes. RPA is the application of technology that is used for processing transactions, manipulating data, triggering responses and communicating with other digital systems. RPA offers plenty of career opportunities, including developer, project manager, business analyst, solution architect, and consultant.Service desk automation is the focus of a recently launched joint offering from digital transformation firm Tech Mahindra and robotic process automation vendor UiPath. The average RPA salary is $73,861. The global market for RPA software and services is expected to grow to $1.2 billion by 2021.
Cybersecurity reduces the risk of cyber attacks and protects against the unauthorized exploitation of systems, networks, and technologies. Cybersecurity is important because the government, military, corporate, financial, and medical organizations collect, process, and store unprecedented amounts of data on computers and other devices. As the volume and sophistication of cyber attacks grow, companies and organizations, especially those that are tasked with safeguarding information relating to national security, health, or financial records, need to take steps to protect their sensitive business and personal information. It’s predicted that we will have 3.5 million unfilled cybersecurity jobs by 2021. Cybersecurity one of the most-needed jobs and one of the tech skills in demand in 2019 because of how critical it is for companies to keep their network security up to par. There is a different kind of role in this field like an ethical hacker, security engineer, Chief Security Officer.