Last week we covered some emerging AI technologies and what they mean for the future of business. This post will discuss information techniques and products that are growing rapidly to support tech-enabled companies. Innovations in programming have made available new techniques to collect, store, transport, and make sense of information.
Basics of Info Tech
Information has always been a critical piece to business. There’s not much any of us could get done in our position without the ability to access and send information. What is changing, however, is how we are able to gather, retain, send, and use our info, and we have innovations in technology to thank for it. This is not an exhaustive list of new information technology, but rather a glimpse into a few of the emerging technologies that pose great benefits to the future of business.
AI/ML Data Collection
Though we discussed AI tech in the last post, we feel it necessary to include its contributions to information technology. A large part of modern data collection is accomplished with AI, from focused operations of small businesses to wide-scale curation of search engines. The combing, verifying, and indexing that once demanded a human brain can now be done with a program. The advent of more standardized web practices along with increased developer support of software has made much more of the internet accessible to even basic artificial intelligence.
Machine learning also improves the ability of AI to conduct meaningful and efficient data collection. This process allows a program to “learn” from experience and modify its own construction to better complete a task. This concept is similar to how programmers observe their product’s actions and make changes as they see fit. Except the program is also the programmer. This is especially important for information applications, where discernment and decisions can be vital to a company’s success. This also means that maintenance doesn’t fall on your team to handle as much as it would with more basic AI. You can also trust the program’s output much more, which saves time near execution in the data collection process.
Blockchain as a financial instrument sees a lot of discourse and attention globally. Digital commodities such as cryptocurrencies and non-fungible tokens use blockchain technologies to verify and manage their infrastructure. The security of the tech comes from the hash functions used to prevent fraudulent and nefarious activity by making it inconvenient to do so. Supporters of digital assets often explain that their preference for these assets as currency deals with DeFi, or decentralized finance. DeFi is a paradigm which aims to distribute financial activities more evenly across populations, instead of clustered around institutions and governments.
What is not so popular is blockchain’s potential as an information tool alone. While its encryption and Proof-of-Work (PoW) attributes make it attractive as a financial instrument, these same qualities have great potential for secure and reliable information systems. While a smaller, localized business can easily use a singular database to communicate and record data, larger and more distributed companies may find this difficult. These companies may be able to use blockchain technologies to send information securely and access it congruently. Businesses wishing to expand their communication and information techniques with blockchain must also consider its cost. Due to sometimes rigorous verification requirements, operating on the blockchain can demand serious energy. This is a large factor in the continued development of blockchain tech to explore more efficient verification methods.
Internet of Things (IoT)
IoT explains the intersection of digital networking and physical objects. In the same way that two websites may interact with each other, so too might a pair of machines. This is done with sensors, transmitters, and programs. The sensors pick up info around them, the transmitters allow the machines to talk to each other, and the programs make sense of the data. This all works together to decide how the machines will respond. While this has been in practice for some years, IoT is expanding into many more techniques and industries as the technology improves.
The advantage that IoT brings to your business is similar to AI automation. You should see a decrease in human bandwidth used on machine-operating tasks and an improvement of those processes with more precise and complex manipulation. Especially in heavily-industrial companies who work with lots of machinery, IoT can be an influential upgrade to your production process.
Business Implications of Info Tech
As previously mentioned, information is the lifeblood of business. This means that technical innovations and new practices that improve information also have great potential to improve business overall. Emerging technologies have improved on the goals of collecting, storing, sending, and attributing meaning to data. AI tech deeply slashes human bandwidth in the collection phase, blockchain offers innovative ways to encrypt and manage data points, and Internet of Things helps machines and workspaces operate more efficiently and safely. These systems and practices are only further improving as time goes on and technology becomes more powerful.
Staffing the Future’s Workforce
If you want to add these technologies into your business but are daunted by the seemingly immense set-up and maintenance, you can turn to third-party staffing services. Staffing firms can provide SMEs to guide large implementation projects and advise on high-level decisions. They can also provide teams of professionals to build or improve in-house systems, which is a huge help when redesigning your company’s information infrastructure. Staffing firms find talented professionals quickly, ensuring the candidate fits well before they arrive at their client. This means that businesses can avoid the stress and energy of hiring processes, focusing more on their enterprise.
Staffing firms often have an industry in focus, so you will be able to find a number of firms specializing in Information Technology. These firms have lots of experience in serving IT-focused clients as well as the IT needs of larger corporations. This means that you can trust the professionals provided by one of these firms with difficult and important projects like information management.
blueStone Staffing is a Certified Woman-Owned IT Staffing Company. We were founded in 2002. One of North America’s premier staffing firms, we assist mid-tier to Fortune 500 clients. We find talented candidates that can help complete your project on time and within budget. Our company is transforming the staffing industry. blueStone has excelled over the last 19 years, becoming the vendor of choice for many of the Fortune 1000 companies located in the United States. We hope to be the consultant that you trust your professional IT project needs to! We will surround you with meaningful attention. Our team creates long-term relationships with our clients, candidates, and associates. In brief, we help great people execute their vision.
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