Identifying 3 trends in Information Technology

In the context of company or other businesses Information technology (IT) can be a fast growing industry in today's technologically advanced society. It is the process of using "computers as well as other equipment to exchange, retrieve storage, networking, and exchange of electronic information" (Morkes 2018, page. 23).

IT works with many firms, from startups to multinational corporations, offering them the most effective technology and information systems. The most important components of the IT sector include broad areas including hardware software infrastructure, services and information, along with goals for business. For a successful IT professional, you must develop an analytical and problem-solving skill with flexibility and flexibility. They also need to stay updated on the most recent technology and trends due to the continuous changes and effects of the continuously evolving technology.

The market for IT is in the United States is considered the largest and modern in the world market, generating $1.5 trillion of revenue last year (Morkes 2018.). This is why the continuous expansion of IT is intrinsically linked to the impressive performance of important markets, including insurance and financial services. According to Vault the need for IT consultants is expected to increase to 2021 because of the increasing number of mergers and acquisitions across different industries. It is therefore essential to study the major developments in the industry of information technology to ensure an understanding of the present situation and to get better results in the continuous growth of one's career.

Blockchain is a new technology that could eliminate large records as well as save money. It can also alter the IT industry in a totally new manner since Internet its emergence. It is a distributed ledger database which manages an ever-growing list of records that are not able to be altered. Its system allows every entry is time fixed and linked to previous entries. It can be an open system which allows anyone to input the data or a restricted one that is accessible to the people who have the permission of the user. It is a growing trend in IT because of the growing curiosity about cryptocurrency. which is a digital cash system which is often used to replace or as in conjunction with traditional currencies.

Bitcoin is one of the favored cryptocurrency today in the business world. Blockchain technology also contributes to the cryptocurrency market. Furthermore, this technology could be used in other areas, like shipping, international finance as well as in the jewellery business. Loosvelt (2019) says an ability to handle an initial coin offer, develop new cryptocurrencies, as well as write proposals for technologies that employ blockchain are essential capabilities for this business (par. 3). The report stated that blockchain was second-highest ranked among the top 20 jobs with the fastest growth capabilities that pay high salaries to the professionals who specialize in it. This is a result of by the rising enthusiasm for blockchain technology. but, it's in its early stages of development , and there are specific challenges.

Artificial Intelligence (AI) as well as machine-learning are distinct concepts, but they are frequently used as interchangeable. As stated by Maldonado (2019), "advances in artificial intelligence are transforming the future of business" (par. 1).

If we consider AI as a more old and broad concept, it refers to computer-controlled machines that are able to carry out tasks in a way that is smart by mimicking human decision-making processes. The technology offers a wide range of options and impacts to every aspect of the business. AI is extensively used to aid in recruiting initiatives, since it aids to developing problem-solving capabilities that computers require, for instance, applications that employ machine learning to examine resumes and select the best candidates. Thus, AI might be a way to cut down on time for HR and recruiters.

In the interview conducted by Maldonado (2019) from the CEO and founder of Performia CIS, Vladimir Sidorenko In the interview, it was stated that the majority of AI applications are built on the algorithmic category. In addition the biases of gender and race were identified in AI that are crucial to bridging the gap between males, females and minorities in the field of technology. Sidorenko identified four key strategies for HR departments aiming to close the gap between diversity and gender that include "cultivating confidence in AI and establishing the culture of building skills and diversity-related initiatives, implementing diversity-related training programs and reaching out to groups that are part of the community" (Maldonado 2019 par. 5).

In addition, he will be looking at ways to improve of the present AI landscape. Machine learning is on the other hand is a method of data analysis which uses AI to help analyze data with computers, find patterns and then take action without interference by humans. For instance, machine-learning software can discern the meaning of a text or music's mood. Therefore, these AI as well as machine-learning advances have led to increased demand for IT experts with this knowledge and also by offering the most promising job opportunities.

To sum up, the rise of new trends and products as well as the emergence of new career options arise from technological advancements, changing the preferences of business and consumer and other evolving aspects of the IT sector. The newest technologies, like blockchain artificial intelligence, blockchain machine learning, are among the current trends in IT which are impacting what is to come for the technology-driven business landscape. These developments are based on the primary constant in tech and tech careers and the evolution that brings about numerous technological advances, changing or disrupting the contemporary IT environment.