Just because the physical business world has been put on hold recently doesn’t mean the technology world has. Even earlier, it’s well-known that technology tools have been coming on at an astonishing rate. For example, it wasn’t too long ago that bulky iPods that could only store 2 GB were seen as modern and unheard of. But now we have Micro SD cards that can hold two terabytes of data on a tiny minute thing that weighs only 2 grams!
The only consistent thing about technology is that it’s constantly changing. So, whether you want to change your career or stay ahead of that extreme technology curve, let’s look at some of the most modern technology tools!
1. AI and machine learning
It’s been a buzzword for years, and we’ve all seen it in the news lately. You hear of AI and machine learning being used in everything from advertising to car systems, but what is AI exactly?
Defined as a computer’s ability to simulate human intelligence to perform practical tasks and carry out problem-solving, artificial intelligence, and machine learning can help you with a myriad of things. If you’re working on a marketing campaign, AI can instinctively segment your customers into targeted groups for improved response rates and better messaging. Or your smart device or AI assistant can automatically offer you a weather report and traffic information ahead of time on the morning of a big trip.
You’ve probably noticed AI in the news lately for trying (and partially failing) to create incredible art – will AI and machine learning replace human jobs? Not right this minute – but like it or not, AI is here to stay.
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2. Wi-Fi technology
When we moved from dial-up to broadband, that already seemed like a big, futuristic step up; however, the latest Wi-Fi technologies are even more blisteringly fast, with many webpages loading almost instantaneously. What’s behind this?
Back in 1999, there were a few different wireless technologies. Internet access in wired dial-up was typical, but early wireless connectivity did exist. However, these differing wireless technologies were incompatible, so their benefits were limited. Therefore, standardization was a paramount need.
The necessary homogenization soon occurred in the form of an industry-recognized technical standard named IEEE 802.11. This standard and the industry-wide alliance organization called the Wi-Fi Alliance led to a booming technology platform and business market. Thus, all the most prominent networking companies and computer hardware manufacturers began to produce Wi-Fi products.
As soon as 2000, the first generation of Wi-Fi products was out! Known as 802.11b, this product had a speed on par with most wired networks at the time – a data rate of 11Mbit/s on average. Today, though, we’re on 802.11n. First, on the market in 2009, 802.11n offered a max connect speed of 600 Mbit/s and both 2.5 GHz and 5 GHz bands. What’s more, today’s generation of Wi-Fi technology maintains compatibility with all earlier devices and tools!
One thing that always keeps up to date with today’s Wi-fi is today’s broadband network. So, if you want to get the best out of Wi-fi, you’ll need a good broadband plan that suits your needs. Compare the best home Wi-Fi plans to find the right one for you.
With the increase in online threats comes – hopefully equal! – increased security to help us deal with them. Unfortunately, threats to our online security only grow more urgent, with the information needing protection becoming more critical to protect. On top of this, there are limited cybersecurity experts to help you stay ahead of the curve.
So, it’s hardly surprising that companies pay incredibly high salaries for cybersecurity professionals with top training and qualifications. Anyone who upskills in cybersecurity today will be making a sound investment.
Companies from Apple, Oracle, and IBM to PayPal and Deloitte currently have cybersecurity openings.
4. The Metaverse
Has this idea indeed got legs? Described by Mark Zuckerberg as “the internet that you’re inside of, rather than just looking at it”, it’s not hard to see why so many people find the idea of the metaverse so intriguing. With similar concepts appearing in movies, TV, and science fiction for years, as well as other VR headsets and amazing VR games already existing, the world is already primed for the Metaverse.
However, the Metaverse doesn’t exactly do much yet. Soon, the Metaverse should become a network of shared virtual worlds that allow you to play games, create your own, connect with friends, go shopping, and even work. Existing things like virtual concerts, fashion shows, and VR workspaces prove what the Metaverse could be. Students already practice surgeries, do excavations and visit landmarks in VR. All we need now is a good place to consolidate these experiences.
With big brands like Adidas, Samsung, Gucci, Hyundai, and Disney all in support of the Metaverse, as well as one report stating Facebook will create about 10000 jobs during the next five years thanks to the Metaverse, we shall soon see if the Metaverse really has legs.
5. Full-stack development
One of the many buzzwords of the web development world, Full Stack refers to exactly what the name suggests – a web developer with expertise in multiple web development areas. Being proficient in front-end and back-end web development, a full-stack developer can do the work of 2 or 3 developers, thanks to their multi-area expertise!
Many big companies are hiring full-stack web developers – IBM, Accenture, HCL, Cognizant, and Infosys, amongst others. And with demand for Full Stack web developers only growing – increasing by 35% every year since 2015, according to one LinkedIn report – now is a better time than ever to check out the world of Full Stack development.
Another word you’ve probably heard a million times but aren’t sure of the meaning of, DevOps refers to the development team and operations team working together effectively. Of course, there’s a little bit more to DevOps than this. Nonetheless, the new technology tools, practices, and trends involved in this collaboration between teams make DevOps an exciting place to get involved today. To get a sense of who’s interested in DevOps, current hiring companies include not only Netflix and Amazon but also Meta, Walmart, Target, Adobe, and even Etsy!
7. Data Science
And now for something a little more familiar. In recent years, there has been a rapid increase in the sheer amount of data produced in the online world. With all this incoming data, who’s going to sort it out? Data scientists to the rescue!
A data scientist’s job is to source and clean data. Then, when the data is ready, a data scientist is able to uncover patterns in it by developing models and algorithms. With so many businesses expanding and thus producing much more data, it’s not surprising that the career of a data scientist ranks at #3 in the US News best jobs in technology list. These expanding organizations requiring good data scientists in their ranks include JPMorgan Chase & Co, Microsoft, EY, Amazon, and PwC.
8. Cloud computing
You can do so many things in the cloud. One example is how video game creators use the cloud to bring online games to players worldwide. Financial service companies even use the computational power of cloud computing to provide real-time fraud prevention and detection. On top of this, healthcare companies harness the cloud for more personalized and effective patient treatments. And then there’s cloud storage from Dropbox, OneDrive, Google Drive, and others – widespread early use of cloud services.
The cloud is a multifunctional thing, practical for various purposes. So, it’s no surprise that many companies hire cloud pros. Google, eBay, Apple, General Electric, and more are all on the lookout for cloud architects.
9. Business intelligence
Another significant way of processing data business intelligence is the discipline that helps you transfigure your data into usable information that can then help you make good decisions. The data processing that business intelligence enables you to do creates the information that lets you later carry out data science on it, for example.
Some of the most successful businesses in the world are known to harness the power of business intelligence. For example, the social media behemoth Facebook and financial company American Express currently use this technology and are looking for new business intelligent developers. Other business intelligence-savvy organizations include Microsoft, Sap, Mphasis, Azure, Sony, and more.
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Do you mean it’s not just a Bitcoin and cryptocurrency thing? Yes, blockchain applies to far more than just financial things. The business value of the blockchain concept is skyrocketing.
You’ve probably heard how blockchain refers to a shared ledger or database. People use this decentralized, public digital ledger to send and receive, recording transactions across many computers. In this way, the record can’t be changed later – not without altering all subsequent blocks and the entire network. This keeps the blockchain secure.
More simply put, blockchain is a type of record-keeping technology or distributed ledger technology. Some companies searching for blockchain developers include TCS, Infosys, Accenture, Tech Mahindra, and plenty more!
From using AI and machine learning for marketing to cloud infrastructure for virtual businesses, these top 10 technology tools of 2024 are only the beginning. Newer developments are absolutely pushing the envelope in change, making it easier than ever to manage and create an efficient digital workflow. Technological advancements will continue to drive the ways businesses operate in the modern world, and those who commit to being ahead of the curve are more likely to reap major rewards.
Whether you’re a tech expert or just venturing into exploring new opportunities with technology, it’s time to identify and capitalize on current trends such as these 10 advanced technology tools. By integrating innovative solutions into your business model, you’ll be able to access an array of cost-effective applications that optimize performance when combined with technical expertise and existing resources.
Technology and all tech tools are transforming almost every aspect of our lives – from how we search for information on the go or merchants taking payments at limited physical locations – and so it’s up to us all to utilize new developments responsibly and thoughtfully. There’s never been more power nor potential at our fingertips so let’s use it wisely!
We have written this article in association with Sian Acebo. Sian is the Executive Manager of Compare Broadband.