Technology has been advancing at an exponential rate in the last few decades. Advancements in engineering can be witnessed everywhere from the rapid succession of mobile phones to the development of green buildings.
What does this mean for the current breed of engineers though?
This means that engineers today must work harder to keep up with engineering advancements than what they had to do a few years back. Being updated on engineering trends makes you great at your job as an engineer and helps you contribute to this advancement.
This article can provide you a peek into some of the top reigning engineering trends that you can be exposed to in engineering courses.
1. Artificial Intelligence & Machine Learning
While artificial intelligence (AI) and machine learning have received a lot of buzz in the past decade as well, they continue to be highly relevant in this decade. Innovations associated with machine learning and AI like navigating apps, speech recognition, and smartphone assistants are happening at neck-break speed.
This industry is far from done. Simplilearn.com estimates that the global AI market can generate a revenue of $ 190 billion by 2025. Machine learning is also being deployed in several industries such as healthcare, trading, and weather forecasting.
2. Robotic Process Automation
Robotic Process Automation (RPA) is another leading technology trend currently apart from innovations in AI. RPA is being used to automate lengthy, repetitive, and manual operations like data entry, email replying and transaction processing across businesses.
Forrester’s research reveals that RPA automation will account for almost 5% of the total business operations around the globe by 2022. Another report by McKinsey suggests that RPA can partially automate 60% of all financial tasks in banking companies.
3. Edge Computing
Initially considered a radical idea a few years back, cloud computing has almost become mainstream with many major players dominating the market. These businesses include Amazon Web Services (AWS), Microsoft Azure, and Google Cloud Platform.
Edge computing is a subset that solves many issues lagging in cloud computing. It bypasses the latency caused by cloud computing, thus reducing the time and resources required to process time-sensitive data. A recent research report put the expected value of the global edge computing market at $ 6.2 billion by 2022.
4. Quantum Computing
Quantum computing is a form of computing that takes advantage of quantum phenomena such as quantum entanglement and superposition. This technological trend was recently used to map contingency plans to prevent the spread of the pandemic and the development of potential vaccines.
A Simplilearn.com report suggests that the revenue for the global quantum computing market can cross $ 2.5 billion by 2029.
Apart from these, other technological trends include blockchain technology, Internet-of-things, 5G telecom, virtual and augmented reality, and cybersecurity.
Pursuing an engineering degree can help you get exposed to the top technological trends now and the immense advancements in the engineering domain. It can also provide you with the relevant skills to make your contribution to these technologies.
Invest in an appropriate engineering program today to get your engineering career off the ground.