Data Analytics:
Data Analytics in India has witnessed an exponential growth in the past decade. According to the Analytics Industry Study 2017, with over 600 analytics firms—50% of them being— startups, the country has been recognized as the top 10 centres for data analytics.
Internet of Things (IoT):
Internet of Things (IoT) is commonly being used to define objects that “talk” to each other. In professional terms, IoT is a computing technology that allows interrelated devices—mechanical and digital— to transfer data over a network without the need for human involvement.
For instance, the Amazon Echo which has Alexa. According to DMR, Alexa is available on 20,000 devices. Approximately 8.2 million people already own an Amazon Echo device.
Blockchain:
According to Wikipedia, a blockchain is a growing list of records, called blocks, which are linked using cryptography. Each block contains a cryptographic hash of the previous block, a timestamp, and transaction data.
Presently blockchain is widely used to record cryptocurrency transactions. But it can virtually record any transaction, ranging for shipping details to medical records. Which means it has a lot of potential to grow in the near future.
Artificial Intelligence:
According to NASSCOM, AI startups in India received 150 million worth of investments in 2018. This amounts to a growth of 120% funding growth. Additionally, the AI industry can be as big as 3 trillion by 2030- a finding by Hindu, Business line. So, AI is the last but definitely not the least popular tech-trend on our list. And it will probably roar to glory this year and remain in the spotlight in the years to come.
Also, some other technologies which do not come directly in the Information Technology field but are influenced by the IT industry are:
- Autonomous cars
- Neuro-Linguistic Programming (NLP)
- Robotics
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