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AI applications will continue to grow and even become commonplace

The global artificial intelligence market is expected to grow at a compound annual growth rate of 42.2% from 2021 to 2027. Low-code and no-code offerings from the likes of Amazon Web Services, Azure, and Google Cloud are increasingly gaining popularity and should eventually trickle down to regular users that will enable them to build genuine artificial intelligence applications. These are likely to become as commonplace as launching websites have become these days. In fact, AI has become so ubiquitous that many countries are expected to launch their own national AI strategies soon. The benchmark to measure AI’s human language ability, Superglue, is expected to be surpassed by the end of 2021. As AI grows more commonplace, the need to regulate it also intensifies and new measures are being put in place to regulate applications of AI such as the creation and distribution of deep fakes in 2021 and 2022. IT Support Fresno can help your company leverage the power of AI.

Networking and Interconnectivity will improve with the expansion of 5G-6G and Satellite-Based Internet Usage

With remote working becoming increasingly standardized, internet reliability will be critical to the future of work. The Internet will also become integral to our lives thanks to the ubiquitous nature of the internet of things (IoT) that now exists in pretty much all of our smart devices and accessories. The eye-watering statistics say it all. Cisco’s Visual Networking Index forecast update for 2018 projected 1.4 billion more people connected to the internet by 2022 – a 60 percent rise in total numbers compared to just five years back. Worldwide Internet usage is projected to reach 4.8 zettabytes of data per year. Even as 5G is still being rolled out in many parts of the world, 6G research is well on its way with more announcements expected in 2022 from countries such as China and US with Korea, Japan, and some European countries following suit. IT Support Sacramento can serve all your company’s high-performance networking needs.

High-Performance Computing will slowly come into the mainstream

What company is getting more and more interested in big data-based research, analysis and cloud-based computing, high-performance computing is set to witness an incredible surge. The applications of high-performance computing are virtually endless with solid use cases in drug discovery, cancer research, space exploration and more. In order to keep up with the interest in the sector, developments in quantum computing technology will have to keep apace.  Although there have been huge strides made by technology monoliths like Google, IBM, Microsoft, Amazon, and Alibaba, innovation is also said to spur with a peppering of startups in the sector that have already surprised the industry with innovation and growth. The surge in quantum computing will also be driven by incredible demand in larger machine power and commercial quantum computing is no longer a distant dream.

Technologies such as Artificial Intelligence, Big Data Analytics, and Cloud Computing will continue to dominate

A.I. has become so in-built in our lives that we hardly detect its presence anymore. All of the personalization that customers now take for granted in most of their shopping experiences is driven by AI. The technology is also responsible for ranking search results, recommending products, and ensuring user-compatibility and more efficient control of nearly all smart devices. Organizations rely on using predictive analytics to forecast and be prepared for future trends.  A report by Facts & Factors posits that the global predictive analytics market is growing at a CAGR of 24.5 percent and will reach $22.1 billion by 2026. This will, of course, be accompanied by parallel growth in cloud computing. Gartner projects that global spending on cloud services will exceed $482 billion in 2022. IT Outsourcing can help you leverage the best combination of these technologies for the best business results.

NFT Platforms Will Boom

A non-fungible token (NFT) is essentially computer code and data that represents the ownership of something. The owned property can be a digital asset, physical objects or physical assets. Examples of digital asset can include virtual real estate in the digital world and physical assets can include anything from art objects such as painting and sculpture or physical real estate, vintage cars or even objects highly prized for their sentimental value such as a sport star’s equipment or seats at a concert or a game. Hybrid NFTs are also on offer that gets people digital claim over real objects.  The property may be online: for example, virtual real estate in the digital world or special equipment in a video game. Or it could be real: real estate, a painting, or a seat at a concert. An NFT can also be a hybrid: for example, the right to decide who can rent a room in a cooperative living space. In 2022, NFTs are likely to become highly commonplace with NFTs being offered in movies, TV shows, books, and more. NFTs are very much a part of the existing mixed digital economy that combines various online markets, such as game economies, virtual real estate, and even social media platforms. Many are optimistic that NFTs will even likely rout out traditional collectibles.

Marce Miracle

Marketing & Communications Manager at Apex Technology Management, California-based IT Support Company. She is an expert in in-depth market research and knows how to stay on top of the most recent industry trends. She has a strong focus on budgeting and ensuring maximum profitability in the business.