Top 3 Trends To Watch Out For In The IT Industry

Information technology is a broad industry that encompasses a variety of branches. This industry has contributed immensely to the ease of doing things through the development of technological products and services that help to carry out certain functions with little or no stress. It plays a key role in saving time, cost, and energy.

The following are the top three tech trends you should watch out for.

Artificial Intelligence (AI)


Artificial Intelligence has been described as the future of technology. AI will perform basic tasks like driving cars, cooking, cleaning, and lots more. Other, more complex fields have not been left out either.

For example, we should be seeing soon AI-powered surgeons which perform surgical procedures on humans with a precision that rivals that of human surgeons. This will help eliminate human errors, among other things.

By 2020, the revenues from AI services are forecasted to reach $19 billion worldwide. It will as well contribute $15.7 trillion to the global economy by 2030. Interestingly enough, some people also believe that AI-powered machines will take over the world at some point in the future, just like we saw this scenario happening in sci-fi movies.

Blockchain and Cryptocurrencies

It is projected that by 2030, most governments around the world will create or adopt some form of cryptocurrency. Also, by the same year, it is expected that the blockchain technology, the one that underpins cryptocurrencies, will be fully implemented across the majority (if not all) industries worldwide.

Internet-of-Things

The Internet-of-Things (IoT) represents the network of devices which connect, interact, and exchange data between themselves without the need for human interference.

By 2025, this industry is projected to have a global worth of about $6.2 trillion. Experts believe that the healthcare industry will have the highest stakes in IoT, closely flowed by the manufacturing industry. Home appliances and consumer electronics are not going to be left out of this trend either.

To learn about more the upcoming trends that will soon become an industry standard, check out the infographic below.

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