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What progress has the IT industry seen in the last 10 years and what is IT’s future?

Nov 10, 2022
What progress has the IT industry seen in the last 10 years and what is IT's Future?

Where is the innovation of the IT industry currently? Technology in the last 10 years was focused on improving speed, information spread and storage, and connectivity in society. Some main industries that faced growth were social media industry, medical industry, and Data industry. Everything that technology has created recently has only been focused on improving the individual’s life. IT was primarily created to aid man in future advancements and innovations of other fields, such as medical field, architecture field, manufacturing field, etc. The IT Industry’s history can be divided into three parts: the first documentation of a stored program concept and computer architecture, the invention of Ethernet and the setup of the global hypertext system. Since the formation of information technology, the software industry has started and flourished. Companies like SAP and Microsoft have seen great success, yet in the last ten years IT has only been rehashing already existing fields. The current prediction of IT focus for the future is AI, Augmented Reality, IoT, Quantum Computing, Edge Computing, Cloud Computing, Robot Process Automation, Self-driving car, robot, robotics, computing, and Nanotechnology. 

In truth, society lives in a very convenient era where IT has long since achieved what it was originally formed to create. Information sharing, social connectivity and data collection/sharing have been heavily invested in and have become core building blocks of society’s innovative process. Things such as AI, IoT and Robotics are focused on making life even more convenient rather than focusing on bringing society to new heights. This is because IT was always created only to be a tool used to further society in every other field such as fashion Industry, travel Industry, architecture Industry, food Industry, Textile Industry, etc. IT was intended to be used to help create innovations for other industries. The IT industry needs to determine what types of innovations, outside of software and technology that were created for the broader purpose of being used for every industry with few modifications, can be used to help other industries meet their innovative goals. This will keep IT from focusing on controversial scientific technologies for the human body. 

The IT industry needs to reevaluate why the IT industry was created and what their future goals will be for the next 10 years. IT leaders have to decide where the High-Tech Industry will be going from here and what is the best way to assist other industries in their long term goals, this is how IT can flourish in the future.

Thank you 
Annu Daniel

Sources

Palandrani, Pedro, “A Decade of Change: How Tech Evolved in the 2010s and What’s in Store for the 2020s” Nasdaq, 16 May 2022, https://www.nasdaq.com/articles/a-decade-of-change%3A-how-tech-evolved-in-the-2010s-and-whats-in-store-for-the-2020s

Marr, Bernard, “The 5 Technologies That Will Change The Future Of The Human Race” Forbes, 7 Feb 2022, https://www.forbes.com/sites/bernardmarr/2022/02/07/the-5-technologies-that-will-change-the-future-of-the-human-race/?sh=5ed7b53d8f1c 

Press, Gil, “A Very Short History of Information Technology (IT)” 8 April 2013, https://www.forbes.com/sites/gilpress/2013/04/08/a-very-short-history-of-information-technology-it/?sh=1c08e6b82440

“The Evolution of Social Media: How Did It Begin, and Where Could It Go Next?” Maryville University, https://online.maryville.edu/blog/evolution-social-media/#:~:text=In%201987%2C%20the%20direct%20precursor,social%20media%20platform%20was%20launched.


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