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If you have worked in the Information Technology (IT) sector, you will have noticed the feverish and unprecedented pace of changes and advancements in the industry. In fact, much of the technology being used daily was barely a thought just a decade ago. This era of ever-expanding technological discoveries has yielded some exciting trends. Here we will discuss some of the trends that businesses just cannot ignore.

Artificial Intelligence

Artificial Intelligence (AI) is a science that involves programming machines to perform tasks that typically require human intelligence to complete. Functions such as visual perception, voice-input analysis, and decision making are carried out by computers with zero need for human intervention.

During its initial phases, AI was confined to basic tasks like voice and visual analysis and now is used in the marketing, healthcare, sales, and obviously IT sectors. AI can potentially change the current working models and functionalities in various industries.

Big Data

Big data is a term given to large data sets that are so complex and massive that traditional methods of data processing cannot sufficiently process them. Big data handles the capture, storage, and analysis of vast volumes of data. The data is processed in a manner that allows for a straightforward analysis that is easily categorized and filtered for specific information about transactions, customers, and even company staff.

Data is captured using software that is connected to the internet, where the data is able to be stored for evaluation. Big data features are often integrated into the industry-specific software, such as print shop software, inventory management software, and sales processing software. These programs offer specialized reports, that can be evaluated for trends and patterns, as well as to predict the future behavior of customers and staff.  

Blockchain

Blockchain technology is based on a growing list of records, known as blocks. These blocks are linked using cryptography. Blockchain technology was created for encrypting online transactions using cryptocurrencies—bitcoin to be specific.

Since the advent of cryptocurrencies, blockchains have been used for a variety of functions that require security for transactions and the transfer of data. Although the technology originated in 2008, blockchain technology continues to provide growing possibilities for businesses.

Cloud Computing

Cloud computing (also called “the cloud”) is an internet-based technology that allows multiple, real-time collaborators for specific files and projects. Resources, tools, and files are accessible to team members from anywhere in the world, by way of the internet.

Third-party cloud providers allow businesses to focus on their business rather than spend time and money building an IT infrastructure that will allow for interoffice networking. Since third-party cloud providers often operate on a pay-as-you-go basis, it is vital to becoming familiarized with the pricing model to avoid unexpected charges.

Conclusion

Living in the most technologically advanced time in human history comes with a host of fascinating possibilities. The IT sector is privileged to have a front-row seat to witness the rapidly changing world powered by technology that was unfathomable at the turn of the millennium. These amazing trends allow for higher efficiency in the world of IT.