Latest technologies in the IT industry in 2018
The IT industry is unarguably one of the biggest industries in the world today. Based on the rapid growth in the IT industry new technologies are introduced for the benefit of the society. This technologies and applications introduced, performs specific tasks which before now where impossible or should I say a dream?
If we search the internet, Google play store and app store we would find out there are millions of lifestyle apps, on-demand apps, business apps, educational apps and many more. Because these mobile apps now make up an integral part of digital strategy, there demand has increased rapidly around the world.
Mobile app technology is advancing everyday leading to new trends being introduced on daily basis. Just in the first quarter of 2018, the IT industry confidence index got its highest rating. The industry has also witnessed a CompTIA consensus forecast project growth of 5% across the global technological sector in 2018 which in no time could increase to 7% plus range. With this technological breakthrough and the high demand for technology, most companies and organization will be forced to invest in the IT industry.
Therefore, having known a little about the IT industry and what we should expect from the industry in 2018, I would now go straight to the 5 latest technologies in the IT industry in 2018.
Latest Technologies in the IT Industry
Internet Of Things (IOT)
This involves extending internet connectivity beyond standard devices at any range embedded with technology. Internet of things is the network of physical devices such as vehicles, home appliances, desktops, laptops, smartphones and tablets embedded with softwares, sensors, electronics, actuators, connectivity which enables the connectivity of these devices to exchange data, creating an avenue for more direct integrations of physical world into computer based systems which in turn will improve efficiency, economic benefits and reduce human exertions.
The number of devices on internet of things is at a rapid increase, in 2017 it had 8.4 billion devices in its network and it is estimated to have a whopping 30 billion devices by 2020. The global market value of internet of things is estimated as 7.1 trillion dollar by 2020. The internet of things technology is not a mystery anymore. Analysts predict more significant changes in this area before the end of 2018.
On-Demand Mobile App Development
With the recent developments in the IT industry it is difficult for one to stand out among competitors without an online presence. Today, to start a successful business that will thrive in the boosting economy and getting a wide audience to see your products and brand, you must have a website and a mobile application to evolve the business. This is the only way to increase your business sale, owing to this fact brings the on demand mobile app development in play.
This On demand mobile app comes with a lot of benefits which will help every business owner and these benefits includes, efficiency and employee satisfaction, brand security and scalability, access to unlimited business opportunities, on the go marketing and much more.
Therefore, on demand mobile app services are just few of the many opportunities occurring due to the technological advancement in the world today. On demand mobile app can be use anywhere and at your convenience. Its market just like the internet of things is improving rapidly providing many services. Most of on demand apps falls under the food ordering apps, car cleaning apps, taxi services, renting app and laundry services apps.
Augmented Reality (AR)
This technology is just so amazing. The Augmented reality is an interactive experience of a real world environment where objects in real world are augmented by computer generated perceptual information. Sometimes, this information’s rides across multiple sensory modalities which includes, visual, olfactory, haptic, auditory and somatosensory.
Unlike visual reality which completely replaces the user real world environment with a simulated one, augmented reality just alters ones ongoing perception of a real world environment. Augmented reality is used to enhance natural environments and offer a perceptual enriched experience. With the help of augmented reality, information about their own surrounding in real world becomes interactive and digitally manipulable.
The approach of regular applications or normal games is completely changed with augmented reality technology. In 2018 this technology in mobile device will receive new stimulating factor and probably become accepted broadly. Recently, Google and Apple just launched their own augmented reality kit which would help app developers to create high quality mobile applications.
Talking cryptocurrency? Then Blockchain is your best bet. It is a growing list of records called blocks which are linked using cryptography. Also used in cryptocurrency are those that can are readable in the public. Its marketing sometimes is called “snake-oil”. Each blockchain blog contain a cryptographic hash of the previous, timestamp and a transaction data.
Inventing it in 2008 by Satoshi Nakamota was to serve as the public transaction ledger of the cryptocurrency bitcoin.This invention made it the first digital currency to solve the double-spending problem without the need of a trusted authority or central server.
Blockchain is just the technology behind cryptocurrencies. It’s a digital account book of economic transactions that can be programmed not only to record financial transactions but almost everything which has value. Adding value in different ways even in our businesses and lives. In no time this technology will become more prevalent in our everyday activities and business.
Beacon technology is one that is so important to talk about because of its eye catching features. The device is an intentionally conspicuous device designed to attract attention to a specific location and also added to other devices like semaphorics or other indicators to give important information or for pending weather forecast.
It can be used in different sectors of life. Some use of beacon includes; helps in guiding navigators to their destination, used for defensive communications, used in vehicles, in wireless networks and so on. Among the common users, the technology of beacons becomes more widespread.
However, it is almost likely that the society expect a technical revolution in beacons. Without Internet connection, beacon provides information.
6. Virtual Reality (VR)
Recall years back when we saw movies about virtual reality and then filled with the question “How I wish it was actually real life”? Well?, The answer to that question is almost ready. Improvements to virtual realities hardware and programming that will cut across industries even to the educational sector has been made since existence in the 1950’s.
Within a simulated environment, Virtual reality as an interactive computer generated experience takes place. It brings together many auditory and visual and other sensory feedback like haptic. But, this environment can be similar to real world environments. Also wonderful creating an experience that is not possible with ordinary physical reality. Most common virtual realities today use virtual reality headset or multi-projected environment.
This has been very popular in gaming, especially video games for several years and its trends are unbelievably expanding everyday. Eventually, Virtual reality is also likely to affect companies as they need to adopt to the technology. To help engage their customers more effectively and optimize their sales and trading efforts. Virtual reality is potentially a very useful tool in learning for the educational sector.
- Artificial Intelligence (AI)
In contrast to the natural intelligence displayed by humans and other animals, It is demonstrated by machines. It is applied in machines to imitate “cognitive-functions” that human associates with fellow human-minds such as “problem solving and learning”. The major goals of the human intelligence include; knowledge reasoning, planning, machine learning, natural language processing, robotics, computer vision etc.
It appears to be the game changer in mobile application development. In 2017, Apple allowed developers to integrate siri into their application. Meanwhile, only bigger companies can afford to develop mobile applications with it because it is expensive. Hopefully before 2018 runs out, the rule might change.
Digital Wallet App
Digital wallet is an electronic device or online service which allows an individual to make electronic transactions. These transactions include purchasing items online with a computer or using your smartphone to purchase something in a store. It has both a software and information component. The software provides security and encryption for personal information and for the transaction.
Based on the latest advancement in the world and the increase in civilization most customers prefer to pay digital cash even during offline shopping in malls. The increase in M-commerce and the introduction of Google wallet and Apple pay, the trend is getting stronger everyday especially in 2018. With digital wallet customers will get more comfortable with payment options and organizations can gather data and offer comprehensive analysis about customers in a good way.
Conclusively, just as people are different so also user preference differs. Above are my best performing technologies in the IT industries in 2018, there are many more out there.