Technology trends in 2021

Megha Poojari
McKinley & Rice
Published in
4 min readMay 10, 2021

Being on the lookout for tech trends as they evolve over the years can give a substantial amount of context into personal evolution as developers or for freshers trying to get a break-in.

Here is the list of the trending technologies in 2021

  1. Internet of Things (IoT)
  2. Virtual Reality and Augmented Reality
  3. Artificial Intelligence (AI) and Machine Learning
  4. Robotic Process Automation (RPA)

1. Internet of Things (IoT)

Proceeding with its promising trend, IoT is on the list, as usual.

We have wifi-enabled devices that are connected to the internet and their counterparts, like smart home appliances, vehicles, and others, optimizing and smartening usage or self-correcting as needed. These are some examples of IoT.

We are using numerous of them already, so much so that they are in our inadvertent subconscious. They are busy remotely making our lives easier by doing laundry on schedule, or following us around on trackers at the treadmill to gauge performance.

The tech world is set to upscale their usage for these devices for many different sets of uses such as improving customer experience and machinery industrial/medical maintenance being some of them, along with the better handling of data on the presently existing devices via evolving efficient protocols.

We are set to see a surge in better devices talking to each other faster over the 5G network, making customizations in our daily lives that will ease things for the better, and see massive market growth.

2. Virtual Reality and Augmented Reality

The next on our list is Virtual Reality (VR) and Augmented Reality (AR). These have been common among gamers in the gaming universe, followed by their usage in flight simulators to train pilots. They are set to evolve and encompass a larger range of users with their immersive experience and training potential.

The experience they provide can be put to a range of things, such as retraining rehabilitating post accidents, specialized equipment training, educational purposes, and additionally fundamentally revolutionizing marketing propositioning.

The AR VR market is set to push device evolution creating more job opportunities for both hardware and software, pushing growth to the tune of $ 200+ billion.

3. Artificial Intelligence (AI) and Machine Learning

The biggest buzzword for the longest time has been Artificial Intelligence. It’s a huge superset of a range of technologies that covers NLP, Machine Vision, Audio processing among others, having significant additions and enablement for all aspects of existence.

The predictive insights of AI are the ones that have immensely changed the way we essentially do things. Replacement and fault pre-emption on conveyor belt lined machines, help line up and maintain the chain of operation, keeping all stakeholders aligned. Responding intelligently to customer queries and benchmarking quality control are other areas that use AI extensively.

Estimates say that it will be a $ 190 billion industry within the next 5 years with systems evolving into having better cognitive intelligence for all industries and user base. It is touted to add 60 billion dollars to its already burgeoning numbers. Therefore being one of the best-paid tech domains.

4. Robotic Process Automation (RPA)

RPA or Robotic Process Automation is the next iteration of automation. Its usage to automate repetitive manual effort by software intervention has been adopted widely by industry, and it’s only set to grow this year. Eliminating redundant tasks that can be simplified by automated processes is what it essentially does namely transaction handling, directing information to the right channels, and notifying for apps are some of them.

Speculations about it being a threat to workers are however minuscule, and additionally, these processes will require a set of job profiles that implement them. Most of the occupations cannot be fully automated, although partially numerous of these can have some degree of automation. The revenue savings in the process are huge.

It is set to be a niche large-scale job-generating avenue soon, in range of salary and designations, given the value added to the organizations.

McKinley and Rice is a web application development and blockchain outsourcing company in India with clients set up based all over the world. We believe in “Tech has no borders and neither should you” therefore we offer services beyond borders at all places like San Francisco, Delaware and Brooklyn.

We are pioneers in making software technology and blockchain technology accessible to all across the globe. Outsource blockchain services and come on board with our talented and experienced team to get your business expanded worldwide. Get in touch with us at https://www.mckinleyrice.com/

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