The Computing Technology Industry Association recently released its annual IT Industry Outlook. While many things are in motion, as they always are, the key message of this report is the industry outlook for 2019 is quite diverse and healthy.
CompTIA identified twelve significant areas of industry advancement this year. The following are the 12 trends CompTIA identified.
- Cloud, Edge and 5G. These three areas of technology encompass the rapid adoption of Cloud technology to move applications and services to data centers to provide greater reliability. Edge computing brings the Cloud together with the devices used by workers to do their work and 5G is the latest enhancement to the wireless network capabilities that pushes technology further in to the field where the workers are.
- Internet of Things, IoT and artificial intelligence. AI opens all kinds of new possibilities. Computing used to be tied to computers. Today, many devices that are not traditionally thought of as computers have more computing power than the first PCs of the 1980s. Taken together with AI, automation is reaching a new pinnacle that will continue to drive innovation.
- Distributed technology models. Blockchain and Cyrpto currencies have garnered a lot of press over the last year. These innovations depend on distributed technology to provide the computing power needed to support these new innovations.
- Stackable technologies are just like what they sound like – technologies able to be stacked together, like Lego blocks, to build the outcome needed to support the business model.
- Channel reinvention refers to the new ways in which technology is consumed. This applies to consumer and business technology. Technology no longer comes to market only through traditional sales channels and this is driving changes across the entire ecosystem.
- Hyper-personalization is a new buzz in the industry that takes the user experience to new levels of ease and customization to enable maximum productivity.
- Partnerships bridge gaps. Partnerships between technology companies breed innovation and capability. Take any technology available today and rarely does it stand alone. Integration with other hardware and software brings out the full capabilities of any given technology.
- Skills shortage. If you have anything to do with technology, you know the skills gap and high employment demands of the industry are a serious issue. Many companies no longer require a college degree. This creates tremendous opportunity for today’s youth to pursue technical training through their high school years and other avenues aside from a four-year college, while still leading to a rewarding and well-paying career.
- Digital-human models shape the workplace. This sounds eerie. It refers to the intersection of technology with the human who does a job. Some estimates suggest up to 30 percent of what a person does can be automated, freeing that person to perform more productive work.
- Technology professionals anticipate unintended consequences. As we saw in the 2016 election cycle, social networks were taken advantage of to negatively impact our country. As a result of this and other unintended outcomes from technical innovation, the profession has a keen sensitivity toward understanding its unintended consequences, much like any other applied science.
- High-tech improves low tech. Technology is everywhere. Consider that you can order fast food on your phone and it’s ready when you get there, dramatically decreasing your wait time. What was considered a low-tech experience, benefits from high-tech innovation.
- Global tech hubs spur innovation. Just about everywhere you look you seem to find a high-tech hub of some form. Once one company comes on scene, others seem to follow, bringing increased collaboration and innovation and driving local economies. We have seen this here on the Seacoast.
The global IT industry is estimated to reach $5 trillion in 2019. The United States represents roughly 31 percent of this market, which is a huge number. It’s no wonder we now see technology impacting literally every aspect of our lives. 2019 should prove to be an exciting year for the tech industry. I look forward to sharing updates with you throughout the year.