Technology

The technology sector continues its rapid expansion with emerging technologies such as virtual and augmented reality, 3-D printing, robotics and artificial intelligence. Big strides are being made in cognitive technologies such as voice recognition and machine learning. Although it’s in the early stages, one emerging technology gaining a lot of attention because of its potential impact on many industries is Blockchain – a distributed database of transaction blocks that carries inherently greater security protection.

Data analytics have become increasingly sophisticated, as companies are thirsting for ways to track, compartmentalize and evaluate consumer trends. Consumer preference for on-demand technologies will continue to mobilize the tech industry, from food deliveries to ride sharing to locating a place to stay for the night.

While there has been much talk about the Internet of Things (IoT) in recent years, the traction has been slow because the industry has lacked solutions that could tie disparate apps, appliances, and devices together. Large tech companies stepping into the arena – with a history of creating seamless user experiences – will begin to change that landscape.

As everything tech becomes more sophisticated, cyber security will be vital to companies in every industry. To further add to the challenge, many studies cite shortages in qualified people with the right skill set and certification to meet the demand.

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