Technology played an instrumental role throughout 2020. Allowing us to stay connected when contact has been limited. Teachers were able to give lessons, businesses were able to remain trading, and families and friends could still see each other. But what trends can we expect to see more of throughout 2021? And has Covid-19 changed our expectations?
Most people think of blockchain technology in relation cryptocurrency, however blockchain provides security in several different ways. Blockchain is based on algorithms which only allow you to add data, not remove any existing data, thus making it more secure. Decentralised finance will continue to grow over the next few years because of the increased demand for online financial products, but software such as blockchain will need to constantly evaluate security and scalability.
Over the past year, health technology has seriously taken off. From machines learning algorithms and AI which is critical in rapid vaccine creation, to Google and Apple joining efforts to create contact exposure technology and the mathematical models to calculate R numbers to predict second waves.
As well as the huge contribution that technology has in battling coronavirus, it has also enabled doctors and GP’s to operate safely, providing essential care through video calls. Applications to decrease the effects of lockdown, such as Calm, have also seen a spike over the past year to help reduce stress and anxiety.
Artificial Intelligence has received ample recognition over the past decade and continues to be influential in the way we build technology. AI is already known for its superiority in image and speech recognition, navigation apps, personal smartphone assistants and so much more. By 2025, the artificial intelligence market will grow to a whopping $190 billion industry, with the bump in this industry, new jobs will be emerging in numerous areas: development, programming, testing, support, and maintenance.
Edge computing, formerly a new tech trend, is designed to help solve some of the problems caused by cloud computing and the transportation of data to a datacentre for processing. This technology will increase as use of the Internet of Things devices increase. By 2022, the global edge computing market is expected to reach $6.72 billion.
A topic which was recently discussed in our previous blog, the Internet of Things has immense potential to change the world, and the future as we know it. We are already benefitting from the IoT, granted, on a much smaller scale than its potential, but we can livestream security cameras from our homes and freely track our fitness and health through our Fitbits. The IoT can allow for increased safety, efficiency, and maintenance, as well as a multitude of benefits which we have not even considered yet.
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