Technologies of the Future

Technologies born out of the ongoing digital revolution are projected to penetrate 10 times faster as compared to the agricultural and industrial revolution.

1. Docker Containers

Docker containers are a tool that helps to package up an application with all of the elements it needs, such as libraries, etc and ship it out as one package. Containers can run virtually on any play form and can be deployed with great ease. Containers make it easy for software to run when moved from one platform to another.

2. Blockchain-powered Smart Contracts

Blockchain is the latest buzzword today. While blockchain has a variety of applications smart contracts are one of the best use cases. Smart contracts are self-executing contracts. These are programs stored on the blockchain that run when certain predefined conditions are met. The parties need not trust each other. In case of an event of a breach, smart contracts automatically trigger settlements. It is projected that industries like insurance, real-estate will be incorporating smart contracts soon.

3. Automated Data Cleansing

As much as data gathering is important, maintaining clean data is equally important. It is said that “Data quality is directly linked to the quality of decision making”. Therefore, is important to maintain good quality data. It is predicted that data scientists spend 60% of the time cleansing and organizing data, which is very inefficient. This sparks the need for automation of the process of data cleaning. Today many businesses mainly CRM and ERP are incorporating data cleansing tools to achieve good data.

4. VR and AR Analytics

VR systems are complex computation devices and they generate a lot of data. Just as how Regular IT systems are using data to draw meaningful insights VR and AR data can also be used to understand various metrics. VR and AR are more immersive and engaging and involve a greater degree of presence of the user. Therefore, the data generated is quite different and strong. Analyzing this data can help in understanding the users better which enables to build better applications.

5. Serverless Functions

A serverless function is a piece of logic that does not maintain data and is destroyed once used. It ideally lasts only for seconds and is triggered by a certain condition. Rather than hosting the entire application on the cloud, some non-core functions can be hosted on the cloud. This essentially makes making enhancements easier as the developer just requires writing the code-host on aloud- connect with an existing application using APIs.

6. VPN Security

As the pandemic has accelerated remote working, many businesses are relying on VPN for connectivity. However, the security offered by VPNs may not be sufficient. Organizations are adding another layer of security over VPNs using secure access service edge (SASE). SASEs combine network and network security into a single cloud service.