Tech news and trends-1

 

Tech news and trends:

What is a tech trend?

An actual direction in the evolution of technologies in a particular area to be faced by organisations in the next few years

The rise of AI-powered devices and increased availability of 5G networks is also driving another emerging trend in information technology — the adoption of edge computing. We're seeing predictions that the edge computing market is expected to expand at a 37.9-38.9% CAGR from 2023 to 2030.

In a rapidly evolving digital age, the significance of emerging technologies and the boundless opportunities they present cannot be overstated. To capitalize on opportunities and leverage these innovations, organizations must adopt a more proactive stance that enables them to not only react faster but also spot opportunities and drive change. As we navigate another year of digital evolution, myriad technologies are poised to reshape the business environment: Generative AI is revolutionizing industries by automating tasks and enabling swift decision making, quantum computing is solving complex problems with unprecedented speed, sustainability technologies are promoting environmental conservation, fifth-generation wireless technology is promising high-speed connectivity and more. This underscores the need to urgently upskill the workforce. Organizations must champion continuous learning in order to empower their teams with the skills required to navigate ever-evolving customer demands. The commitment to upskill, rather pre skill, is now pivotal amid the disruption that accompanies progress, fostering agility, boosting productivity and ensuring sustainable business growth. The future, as it unfolds, will be not merely a yardstick of technological growth but also a testament to our collective progress. Together we can navigate toward a more connected, efficient and sustainable world — a future where the fusion of technology and ethical governance paves the way for unparalleled industry leadership and enduring business prosperity. With that in mind, here are the top 10technology trends to watch out for in2024. These insights can assist your organization in prioritizing future technology adoption, ensuring your organization is well-prepared for the year and actively engaged with your competitors in the race to stay ahead. We find ourselves in an era of rapid technological evolution, where each passing moment heralds new innovations and transformative changes. The momentum of this innovation is poised to intensify in the years to come, emphasizing the need for enterprises to cultivate resilience. In times of uncertainty, the key lies in acquiring the knowledge to adopt, adapt and be adept.

Network access to information is becoming a work habit. While the origin of this habit forming computer lies in e-mail, which is largely non-interactive, the culture is now rapidly spreading into interactive computing, what is general y known as online. Indian libraries are still in the learning phase. Hence the theme chosen for the conference is not only highly appropriate but worth repeating. Academic and research libraries are the main players of this conference. While networking is not a new concept to them, IT based networking as a tool for connectivity and information exchange is still a new experience. IT support is a critical need to make their dream of nationwide resource sharing a reality. I come from the background of library profession but work for a commercial organisation which produces and markets information products. Access to information is the main focus of our business. IT is our critical infrastructural need, without which our business will come to a halt. I am a highly IT biased librarian. Hence, I feel honoured by the organisers for choosing me as a theme speaker of the session and am highly thankful to them. My theme presentation will address IT as a tool which will impact two key service functions of library system -- (1) access to, and (2) delivery of documentation.

CURRENT TRENDS

The decades behind us created information explosion but with not enough information usage promotion. The current decade can be called information usage explosion which is the real visible benefit of IT. With too many information products, services and access channels competing and complementing, users have bewildering choices. Lack of knowledge, familiarity and cost-benefit analysis may lead to wrong decisions. Fortunately, there is enough material regularly published which can aid intelligent decision. I will try to discuss the current trends in the background of currently available products and services.3.1 Access

* Access channels have multiplied with many networks. A database like MEDLINE is available today from over a dozen sources, through online, CD-ROM, site licensing, OCLC andINTERNET.

* Online is back to the centre stage.CD-ROM and multi-media market and usage continue to grow at astonishing rates and more so outside USA. Between 1992and 1993, the growth was 58% in academic and research market (Fleming). Migration continues from print to CD-ROM and publishers have started making major investments. CDROM drive installation base is expected to double from 1.5million in 1994 to 3 million in 1995 (Source: Sony Corporation)

* INTERNET is redefining network access to information. It has created a global user base of a few million users. INTERNET has made networking the libraries an almost overnight task. There is hardly any college or university library inl,JSA which does not have an INTERNET address. Many of these libraries have developed service provider capability. OPACs of many university libraries like Stanford are available for access through INTERNET. Every major online host like Dialog, Data Star, SIN are accessible through INTERNET.

* Network access has moved beyond books and journals. Newswires, TC Scripts, Speeches, Electronic Discussion Groups are all becoming part of the network world. Referral Service has become very popu1ar through various INTERNET user groups. If you have a question for which you need expert