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If you follow the news of interesting technological trends such as artificial intelligence, you probably know that emerging technologies are changing the way we work and interact with others. In fact, with machine learning and tactile commerce becoming increasingly popular in all sectors, from banks to medical care, technology is revolutionizing the way we do business and making high-tech approaches an integral part of our business. business. lives We recently met with the Deloitte team to find out how these trends are changing career prospects.
These are the top five technology trends you need to know to work in any industry.
1. Internet of Things (IOT)
1. Internet of Things (IOT)
The Internet of Things is one of the most important technological trends of recent years. In short, the Internet of Things (IOT) is the idea that all technological devices can connect to the Internet and connect to each other in order to create the perfect marriage between the physical world and the digital world. How is it going to affect you? It depends on your industry. For example, for those working in the fields of marketing, advertising, media or business management, IOT could provide a wealth of information on how consumers interact with products by following their interactions with digital devices. In turn, this data could be used to optimize marketing campaigns and user experiences.
How It Affects Industries: What’s really great about IOT is that not only is our way of doing business changing, but also the business models we use to do it. For example, according to Deloitte, flexible consumption models (also known as pay-as-you-go models) are becoming increasingly popular in all sectors as new customer data becomes available.
2. Machine learning
Machine learning is another exciting emerging technology, which is essentially the ability of a computer to learn by itself through data analysis and tracking patterns. For example, social media platforms use machine learning to better understand how you are connected to people in your social network. They do this by analyzing their “likes”, their “shared actions” and their “comments”, then prioritizing the content of their closest connections, starting with serving it.
Its impact on industries: In addition to setting up everyday interactions with friends on social networks, machine learning is also changing the way companies deal with their customers. According to Deloitte, companies such as Google use machine learning on mobile devices that can keep learning even offline. The result? Machine Learning dramatically changes how businesses interact with their customers by helping them anticipate and respond more easily to their customers’ needs.
3. Virtual reality (VR)
Do not forget to watch movies about virtual reality and think about what it would be great if it was like that in real life? Well, it’s about to be. Although virtual reality has existed since the 1950s, technology has not been able to offer the totally immersive digital experience that users wanted. This is about to change with recent improvements in hardware and programming, and the effects will be felt in almost every sector, from retail to education.
Its impact on industries: Virtual reality has been a popular component of video games for many years and this trend continues to grow. In addition to video games, virtual reality will likely affect businesses in general, who will adopt technology that allows them to more effectively capture their customers and optimize their sales and marketing efforts. It is also a potentially useful tool for learning and is increasingly being adopted by educational organizations.
4. Touch commerce
Being able to buy what you want with your fingertips may seem like a fantasy a few years ago, but now it’s a reality. By combining touchscreen technology with one-click shopping, touch-enabled commerce allows consumers to easily purchase products from their phones. After you have linked your payment information to a general account and activated this feature, customers can buy everything from clothes to furniture with just one fingerprint.
How does this affect industries? According to Deloitte, this is one of the main consequences of e-commerce in recent years, as purchases of this type are expected to increase by 150% this year alone and retailers in almost all sectors anticipate an increase in sales directly related to this new technology.
5. Cognitive Technology
Cognitive technology goes in the same direction as machine learning and virtual reality, except that it is a broader concept. For example, cognitive technology includes elements such as natural language processing (NLP) and speech recognition. Together, these different technologies can automate and optimize many tasks previously performed by people, including some aspects of accounting and analysis.
To what extent does this affect industries? Although cognitive technologies have a wide range of applications, Deloitte expects the industry sector most affected by this trend to be the software industry. technologies for 2020
With emerging technologies changing the professional industries, including banking, e-commerce, medical care and education, keeping up with the latest trends will help you better understand the chosen industry and make it a more successful candidate. competitive. Better still, this knowledge can open new doors in your field and in others.
