Top 10 developing technologies of 2019

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The Internet of Things (IoT) is the developing technology offering the greatest prospects to create new ideas, business, and revenues, according to CompTIA's second annual Top 10 Emerging Technologies report, released Monday. The 10 technologies named in the report were ranked conferring to the near-term business and financial opportunities each creates for IT firms and other business technology companies and selected by the organization's Emerging Technology Community.

1.  IoT

IoT or Internet of Things, is driving business variations by offering the data which is collected by devices with sensors needed to improve marketing, increase sales, and decrease costs, the report found. This data plays an important role in decision making since all the business are becoming data-driven.

"Everybody in the technology world, as well as many consumers, is hearing the term Internet of Things," Frank Raimondi, a member of the CompTIA Emerging Technology Community leadership group who works in the strategic channel and business development for Chargifi, said in a press release.

However, "to say its confusing and overwhelming is an understatement," he added. "IoT may mean many things to many people, but it can clearly mean incremental or new business to a channel partner if they start adding relevant IoT solutions with their existing and new customers. More importantly, they don't have to start over from scratch."

This is brand new technology which can use any field like healthcare, logistics, transport, tourism, defense, retails, agriculture, factories, refineries, etc. because all these industries are using one or another kind of machines which has the capacity to install the sensor and collect the data.

2. Artificial Intelligence (AI)

AI is already meaningfully impacting the way customers interact with businesses via intelligent websites and bots, a recommendation system and these tools are becoming increasingly commoditized and integrated into daily work, the report noted.

"The largest impacts across all industries—from retail to healthcare, hospitality to finance—are felt when AI improves data security, decision-making speed and accuracy, and employee output and training," Maddy Martin, community vice chair and head of growth and education for Smith.ai, said in the release. "With more capable staff, better-qualified sales leads, more efficient issue resolution, and systems that feed actual data back in for future process and product improvements, companies employing AI technologies can use resources with far greater efficiency. Best of all, as investment and competition increase in the AI realm, costs are reduced."

AI has multiple fields like Data Science, Machine Learning, Natural Language Processing, Deep Learning, etc. Each of this has multiple applications like Chatbot, recommendation system, Personalised Content, Price and values predictions in economics, identifying user-behavior, etc.

3.  5G

The rise of 5G networks is increasing our ability to move, manipulate, and analyze data across wireless platforms, according to CompTIA. As 5G rolls out more fully in the coming years, it will drive the development of more complex apps to solve problems and increase growth across industries.

"The development and deployment of 5G is going to enable business impact at a level few technologies ever have, providing wireless at the speed and latency needed for complex solutions like driverless vehicles," Michael Haines, community chair and director of the partner incentive strategy and program design for Microsoft, said in the release. "Additionally, once fully deployed geographically, 5G will help emerging markets realize the same 'speed of business' as their mature counterparts. Solution providers that develop 5G-based solutions for specific industry applications will have profitable, early-mover advantages."

Due to 5G, we will be able to transfer more data in less time which open many opportunities for new ideas, business like never before because of the limitation of data transfer in mobile communication. It could be like high-quality data streaming apps, online learning, Provide fast and better financial transactions, fast customer services, improve the banking sector, etc.

4.  Serverless computing

Serverless computing allows organizations to create a NoOps IT environment that is automated and abstracted from the underlying infrastructure, reducing operational costs and allowing businesses to invest in developing new capabilities that add more value, the report found. Serverless computing was new on the list this year, along with robotics, replaced quantum computing, and automation, CompTIA noted.

Serverless computing often Cloud Services, Which handles most of the hosting and deploying part of the application. Once you hosting app on Serverless, you just have to code and other tasks would be handled by the service provider like AWS Lambda.

Benefits of Serverless Computing

No need to Install any OS

No need to worry about scalability

No need to maintain Hardware Infrastructure

Pay as your code runs

Highly availability of your Application

Automatic load balancing and Traffic management.

5.  Blockchain

More organizations are exploring and implementing blockchain to solve the increased need to secure and manage transactions across the internet. "Blockchain came down crushing from its peak of hype cycle, and that's probably for the best," said Julia Moiseeva, a member of the community's leadership group and founder of CLaaS (C-Level as a Service) Management Solutions Ltd, in the release. "Now that the luster of novelty and furor of the masses are gone, the dynamic of work around blockchain took a complete U-turn, again, for the best."

The well-known application of blockchain is Bitcoin and Cryptocurrency. It is a system that has distributed with all over the network and decentralized. Blockchain has multiple applications that can be used to protect sensitive data like vehicle and land registration, financial transactions, etc.

6.  Robotics

Robotics is automating routine processes by using machines to make businesses faster, less expensive, and more efficient, the report found. It has a wide range of applications in waiter in restaurants, hospitals, household works, hotels, industries, warehouse, packaging, etc.

7.  Biometrics

Biometrics—including the face, fingerprint, and retina scans—are becoming mainstream methods for verifying identity. These methods will form the secure foundation for solutions delivered by IT companies moving forward, CompTIA said.

8.  3D printing

3D printing offers a solution for the low volume manufacturing of complex parts, as well as fast local production of difficult-to-find products, the report noted. As more affordable products become available, opportunities for this industry will continue to grow, it added.

9.  Virtual reality (VR)/Augmented reality (AR)

Using VR, AR, mixed reality, AI, and sensor technologies can help organizations improve operational efficiency and individual productivity, according to the report.

10.  Drones

Drones enable robotic automation with fewer geographical restrictions, the report noted. Opportunities for development and integration are high for this market, it added.

The drones are posing a promising future in e-commerce delivery, food delivery, and surveillance. It has a wide range of applications in the defense sector too. So now the organizations must have ready to take up the challenges and the opportunities these technologies are providing. It would be interesting to see how the companies are adopting these technologies to make life better.