In the world we live today, technology is evolving at a very rapid rate. Whatever is being used today in the market, might become obsolete tomorrow. Some technologies have a significant impact on the world we live, changing the way we think to the way how we live. This might hurt established companies who are unable or unwilling to adapt their business models to the rate of change. But this has created a lot of opportunities for new budding entrepreneurs.

Let us look at the top trending technologies which are ready to create an impact on the world.

1.   Artificial Intelligence
Artificial Intelligence is by far the most advanced sector in today’s world. It is intelligence displayed by machines. This is one of the most promising sectors in today’s world as it is evolving day by day. Artificial Intelligence is being used in a variety of research areas such as Flight tracking system, speech recognition, character and handwriting recognition, robot control and robot testing just to specify a few. More opportunities for both business and jobare increasing day by day. Artificial Intelligence enables the computers to see, read, listen, speak and gauge our emotions.

2. Big data
As more and more people are using internet; a lot of data is being generated. It is estimated that by the end of year 2020, more than 50 billion devices shall be connected to the internet. According to a survey, in just one minute, Facebook receives 900,000 logins, approximately 450,000 tweets are posted and 156 million emails and 15 million texts are sent. The data we are using is increasing day by day.

3. Internet of Things
The internet of things or IOT is a network of things where things may refer to physical devices, sensors, electronics, actuators. The network allows the objects to exchange data through the internet. There are various applications of Internet of Things such as smart homes, environment monitoring, home automation, remote health monitoring, and smart traffic control. However, there is one concern in the Internet of Things which is security. This is a new domain which shall bring a lot of job opportunities along with it as no user wants their sensitive data to get leaked to some third party.

4. Cloud Computing
Imagine if we want to store some information but we do not have enough storage space. Where should the data be stored? Well this problem can be solved by using a cloud. Many people prefer to upload their photos, and other media on cloud as cloud is accessible from anywhere. Also, it serves as a backup of data for the user. It provides the user with almost unlimited storage and the data stored on the cloud is highly secure in general. It provides transparency to users.

5. Augmented Reality
Augmented reality is a technology that superimposes computer generated images over a user’s view of the real-world. The mobile game Pokemon Go has created a huge rage in the market and due to this a lot of people know about it in the market. A lot of companies such as Google, Oculus and Microsoft have been working in order to make the experience of augmented and virtual reality available to the world. It is a new domain and there are a lot of job openings in it as very few people have information about it.