AZ India

F E E L A T H O M E www.azindiatimes.com PAGE - 5 Jan 2019 1-844-AZINDIA Technology Trends That Will Shape 2019 and Beyond - AI, Blockchain, Cloud/Connected devices and Data, in short, ABCD harikrishna@gmail.com Hari Gottipati We're all mature, until someone pulls out some bubble wrap. the full stack of technologies to survive in the job market, particularly when AI is bringing the automation by invading our jobs. While we enter into 2019, the question that you need to ask yourself is - if a (software or hardware) ro-bot takes away your job, how could you survive? 2019 is going to be the year of Ar- tificial Intelli-gence, Blockchain, Cloud/Connected Devices, Data - which I coin it as ABCD. If you are versatile with one of the ABCD technologies, then you can survive in the age of AI. AI From predicting heart attacks better than doctors to learning how to make you cry at movies to learning your fashion sense and inventing your next outfit to drawing a portrait worth $432,500 to predicting who will commit a crime next to lip reading to write its own code by stealing from other programs to building AI (AI for AI) to reading your mind and drawing a picture out of your thoughts - we have witnessed various AI use cases in 2018. More notably, Google's Duplex, a natural conversational system for real-world tasks, freaked out everyone during the demo at Google I/O conference in May 2018. Undoubtedly, AI became main- stream in 2018 and it is going to continue to be on the top technologies chart in 2019. According to ISG research, automation and AI use will triple in 2019 and investment in automation technologies such as robotic process automation, auto- nomics, virtual customer service agents and personal assistants, natural language processing and machine learning is expected to double in the next two years. Blockchain When Long Island Iced Tea beverage company changed its name to Long Block- chain Corp, its stock price jumped 200%. Though the company has nothing to do with Blockchain technology, the name itself fueled the stock surge and it sum- marizes the Blockchain technology for 2018. From helping to deal with electronic voting machine (EVM) issues such as dou- ble voting, vote altering, and vote deleting to smart contracts to supply chain to healthcare systems to the Internet of Things, Blockchain is penetrating into every vertical. According to IDC, $2.1 billion was spent globally on Blockchain solutions and $1.7 Billion is spent by the financial service industry. Globally, 69% of banks are experimenting, and 90% of North American Banks and European banks are in- vesting in Blockchain technology. Also, the job market is blooming for Blockchain with 3X job postings increase on LinkedIn over the last year. Cloud Cloud computing is becoming very common across enterprises today and the be- low stats are proof that it is going to stay here: • According to Statista, in Q2, 2018, more than half of the Amazon profits are from its cloud business AWS and 80% of enterprises are using Amazon Web Ser- vices (AWS), 67% of enterprises are using Microsoft Azure platform and 41% of enterprises are using Google’s Cloud Platform to run their apps or evaluating for future use. • Based on the company filings and earnings reports, Azure is generating $21.2 billion, AWS is generating $20.4 billion, IBM is generating $10.3 billion, Oracle is generating $6.08 billion and Google cloud (including G suite) is generating $4 billion in annual revenue run rate. • Gartner forecasts cloud revenue to reach a staggering $206 billion in 2019, 17.5% increase from 2018. As moving everything to cloud in one shot may not be practically feasible, the hybrid cloud offers a transition solution that mixes existing on-premises infra- structure with public/private cloud services. Connected devices The market for IoT (Internet of Things) has seen an unexpected acceleration in 2018 and has lifted the total number of IoT devices to 7 billion. According to IT Pro, around 3.6 billion IoT devices are connected to the Internet in 2018 alone. Including smartphones, tablets, and laptops, the number of connected devices in the world exceeds 17 billion. The IoT market is $151 billion in 2018, and it is expected to grow to $1,567B by 2025. Smart Cities are going to be common in the future and city’s success will be measured by how it uses water, energy and other resources, how well it maintains the quality of citizen's life, etc. Industrial IoT is another trend we will see and it is going to transform the industries by connecting sensors and other devices to machinery and vehicles in the transport, energy and industrial sectors. Data Data/Big Data is crucial for many of the emerging technologies including AI/ML, Analytics, IoT, and Cloud. However, IoT and sensors are going to generate bil- lions of events in real-time and streaming data processing frameworks are going to process and analyze data in real-time to generate/predict insights in real-time. IoT is going to fuel the data explosion. For example: with all the sensors enabled in an autonomous car, it generates nearly 1 Gigabyte every second and on aver- age. Americans drive 600 hours per year in their car and that equals 2,160,000 seconds or approximately 2 petabytes of data per car, per year. According toWiki- bon, Big Data software and services are going to account for $103 billion in 2027 from $42 billion in 2018, at a compound annual growth rate (CAGR) of 10.48%. Hari Gottipati is a tech evangelist based out of the Valley. Opinions expressed here are solely his own and do not express the views or opinions of his employ- er. His quotes can often be found in various technology magazines, GigaOM, CNN Money, WSJ, Bloomberg Business Week Etc. Follow him on Twitter/ Facebook/Linkedin @harigottipati. ..from page 1

RkJQdWJsaXNoZXIy MzEwNTM=