Recent Technological Trend in Digital Transformation Era
A Discussion on IoT, RPA & AI in Digital Transformation Era
We are going through a digital transformation age and quick changes and developments are occurring in the field of innovation & technology consistently. Thus, a new coming engineering graduate will require extra certifications added to his cap to support and prevail in his time to sustain the digital transformation age.
The Economic Times (June 4, 2018) report says that 94% of fresh engineering students are not up to the mark for the recruiting. In other words, a wide gap exists between the monotonous syllabus and the demand of the industry. Consequently, this gap prompts gigantic joblessness or underemployment. Thus, a student needs to prepare himself appropriately to beat this challenge. Probably the most ideal approaches to upgrade himself will be to center and line up with at least one of the accompanying patterns in rising technologies & innovations of the digital transformation era.
Emerging Technologies:-
- Internet of Things (IoT)
- Robotics Process Automation (RPA)
- Cloud Computing
- Blockchain
- Artificial Intelligence
- Machine Learning
- Big Data Analysis
- Business Analysis
- Cyber Security
Internet of Things (IoT)
Internet of Things (IoT) is one of the successful areas in rising technologies in the digital transformation era.
What is IoT?
Internet of Things is a system of interrelated sensor-based computing devices, mechanical and digital machines that connect with the internet and enables huge collection & exchange of relevant data. These data become useful information when properly processed.
As a result, in this digital age, IoT takes a leading role in the field of Automation, Smart City project implementation, Medical Science, etc. As per the report of the ‘iot eclipse.org’, the IoT is one of the main enablers for the digital transformation era.
IoT Platforms
AWS, Azure, Google Cloud Platform, The Things Network, and Sigfox are the main IoT cloud platforms. Basically, a new upcoming engineering graduate or a student typically goes for the ThingSpeak cloud storage. For the most part, it is easy to utilize and comes liberated from cost for non-proficient use.
The opportunity of IoT in India
As per the joint report by IAMAI (The Internet and Mobile Association of India) and Deloitte, the volume of industrial IoT is expected to cross the consumer IoT field in India with $12 billion by 2020.
Salary of IoT Professional
As per the report of ‘IoT India Salary Study 2017’, the median salary of IoT professionals was 15.2 lakh per annum in India.
Robotics Process Automation (RPA)
Robotics Process Automation (RPA) is one of the most encouraging fields as far as openings for jobs and advancements for the freshers in the digital transformation era.
What is RPA?
Robotics Process Automation is a technology that empowers programming or ‘robot’ to follow and coordinate the associations of people inside the computerized framework to improve the business procedure. RPA also used in corporate digital transformation implementation.
How RPA works?
RPA robots use client communications to catch information and control applications. For the most part, they decipher, trigger, and speak with different frameworks to play out a wide decent variety of redundant errands.
Opportunities of RPA in India
The Economic Times (Jan 18, 2018) report says that nearly 2 lakh Robotics Process Automation (RPA) led jobs are expected to be generated in India by 2021.
Salary of RPA Developer
As per the record, the salary of RPA for freshers is 7 lakh per annum & for experience 18 lakh per annum on an average.
Artificial Intelligence
What is Artificial Intelligence?
Artificial Intelligence is a replica procedure of human insight by machine utilizing calculations. AI becomes a central focus in the digital transformation age.
Types of Artificial Intelligence
Contingent upon exercises, we can group AI into four sections.
1. Responsive Machines
These errands indicated AI bots have no memory.
For instance, Deep Blue, the IBM chess program can distinguish pieces on a chessboard and make the forecast. Basically, it has no memory. Subsequently, it can’t use past understanding.
2. Restricted Memory
These AI bot has memory. Basically, it can use past understanding to educate future choices.
For instance, Decision-production capacities in self-driving vehicles.
3. Hypothesis of Mind
That is to say, these AI bot would comprehend the mental feelings. Along these lines, it can gather aims and anticipate conduct.
4. Self-Awareness
As it were, AI bots have a feeling of self, which gives them awareness. Absolutely, the framework can comprehend its present status. In other words, this sort of AI doesn’t yet exist.
For instance, depending upon the procedure, there are two sorts of AI
Weak AI
In Weak AI, the pre-modified procedure is kept up for any sort of work.
For instance, iPhone Siri or Amazon’s Alexa utilize powerless AI. To explain, it keeps up some pre-characterized systems for confronting the exercises. Notwithstanding, you ask Alexa to play music, it comprehends watchwords like ‘play’, ‘music’. Subsequently, it will react according to the pre-stacked methodology and play the music.
Strong AI
A Strong AI framework utilizes a summed up type of the human mind’s psychological capacities. At the point when it faces a new undertaking, it finds the arrangements utilizing its experience, grouping, and relationship to process information without human mediation.
For instance, an AI-based espresso creator hears ‘Hello’ and as indicated by voice, it makes espresso for the people according to food propensity.
The opportunities for AI in India
As per the report, AI has the potential to add US$957 billion (equivalence to 15% of India’s GDP) in India’s economy by 2035.
Salary of AI Professionals in India
Above all, the median salary of AI professionals is between 10L to 15L per annum.
