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Two By Two: Ten Years In Tech



OUT OF STATE NOTE: Must submit a copy of out-of-state CTE (vocational) certificate and verification of three years teaching in grades 7-12 in the specific subject area OR verification of a CTE program completion from another state. 2,000 hours of non-teaching industry experience in the specific specialty area in the past ten years must be verified.


The indictment charges the defendants with conspiring to steal trade secrets from at least eight known victims, which consisted of technology designs, manufacturing processes, test mechanisms and results, source code, and pharmaceutical chemical structures. Such information would give competitors with a market edge by providing insight into proprietary business plans and savings on research and development costs in creating competing products.




Two by Two: Ten Years in Tech



The defendants are each charged with one count of conspiracy to commit computer fraud, which carries a maximum sentence of five years in prison; one count of conspiracy to commit theft of trade secrets, which carries a maximum sentence of ten years in prison; one count of conspiracy to commit wire fraud, which carries a maximum sentence of 20 years in prison; one count of unauthorized access of a computer, which carries a maximum sentence of five years in prison; and seven counts of aggravated identity theft, which each carries a mandatory sentence of two non-consecutive years in prison. The maximum potential sentences in this case are prescribed by Congress and are provided here for informational purposes only, as any sentencings of the defendants will be determined by the assigned judge.


The results also indicate that along with the multiyear acceleration of digital, the crisis has brought about a sea change in executive mindsets on the role of technology in business. In our 2017 survey, nearly half of executives ranked cost savings as one of the most important priorities for their digital strategies. Now, only 10 percent view technology in the same way; in fact, more than half say they are investing in technology for competitive advantage or refocusing their entire business around digital technologies (Exhibit 6).


Hence, considering the above, we have curated a list of top 10 Technology trends for the next ten years that would play a crucial role in supporting companies and economies to thrive and, at the same time, push the envelope of tech trends. Read till the end to see the bonus 11th prediction, a hidden gem trend.


The human-generated data, along with the machine-generated data (through the Internet of Things and other similar sources), can be used by organizations to provide services and products to serve their customers better. This tech trend also refers to how technology can integrate the human experience or habits to offer customers cognitive or physical improvements. Companies that take a deep dive into an efficient collection of quality consumer data and emerging tech such as ubiquitous computing would not only add value to their services for consumers but could also create new revenue sources. The concepts such as Data Fabric would prominently enable seamless integration of data sources for access and processing.


From datafication, moving on to the buzz words at the top of the list for businesses today, Artificial Intelligence (AI) and Machine Learning (ML). For organizations, the importance of this tech trend is set to grow at an unprecedented pace. The combined global market size of AI and ML, which stands at approximately USD 408.62 billion, is expected to grow to about USD 1.604 trillion by 2029.


Technically within this section, we predict two tech trends, Edge Computing and Distributed Computing, which are pretty distinct yet related to each other and will move closer to each other in the coming years. The processing power of microchips and the use of the industrial internet is on the rise, whereas their size is shrinking by the day. It has opened new horizons for computing at the edge and hybrid-cloud or multi-cloud infrastructure as a part of distributed computing. There are several advantages of decentralized computing, from data security and privacy to lower power and bandwidth requirements to enabling near real-time processing and decision making. In the coming times of hyper-automation and connected everything, Edge Computing would provide an effective means to reduce the amount of data being transmitted, however with efficient results.


For organizations, it would mean rapid scaling, more deployment of data enriched AI-based applications, lower development costs, and acceleration of large-scale digital transformation. An essential aspect for any organization to adapt to this shift in programming paradigm would be to work on a cultural change towards agility and cross-functional collaboration. For Software 2.0 to succeed for any company, the business and IT aspects must come closer and mingle well. Hence ensuring that desired business and technology outcomes.


The main benefit of blockchain technology is that data can only be added to the existing data. No one can change or delete it, a property that gives the term chain to it. Hence it is very secure and transparent. Blockchain includes public and private chains, smart contracts, information realization, an end-to-end chain of trust, distributed ledgers, and non-fungible tokens (NFTs).


According to multiple market researchers, futurists, and technocrats, the next generation of computing would unlock the answers to queries that have bewildered scientists and society for ages. Computing is predicted to be the next giant leap in this area, with capability far beyond what we have seen so far and the ability to complete tasks that have been deemed impossible for traditional computed.


Unprecedented opportunities lie ahead for businesses with quantum computers, especially in the first-wave sectors such as transportation and logistics, renewables, new materials, advanced manufacturing, and financial services. Quantum computing also has a vital role in quantum cryptography and cybersecurity. Quantum AI, hyper-automation, and ubiquitous computing will also grow with advances in computing in the coming years.


You might wonder why would Talent engagement and retention make it to the list of tech trends for the coming years. Well, there are some very haptic arguments for it. The availability of tech talent with the required skills is a massive challenge for tech-driven organizations. Research shows that Talent management is one of the key aspects for technology companies in the times to come.


Organizations need to think about other factors, especially going beyond compensation as the driving force behind talent acquisition or retention. Emerging technologies such as big data analytics, AI, and machine learning would play an essential role in employer branding and shaping organizational cultures. Organizations would have to dig deep to create an appropriate balance for people with flexibility in working hours and format, diversity, inclusion, and equity.


More and more technologies are invested in business processes, and more automation is introduced. Hyperautomation is a systematic and business-centric approach for identifying, vetting and automating everything in a company that can be automated. According to recent market research, for businesses, hyperautomation is no more just an option that can be overlooked; instead, it has become a key to survival.


Energy drives all digital technologies, and developing clean and sustainable source(s) of energy is a fundamental challenge for the coming decade(s). At the same time, clean-tech is emerging from the desired trend of living a sustainable lifestyle. These technologies, clean energy, and clean-tech have a massive void for businesses to fill in, not just for the coming decade but also into the future.


DeepTech refers to technology that evolves based on tangible scientific advances and discoveries or engineering innovations. The European DeepTech companies are already valued at over USD 740 Billion USD and are experiencing accelerated growth.


DeepTech can be considered an umbrella of all the technologies listed in the top 10 tech trends above but aims to solve significant issues such as climate change, food shortage, clean energy, and chronic diseases. In short, it addresses all the sustainable development goals.


The world economic forum has put out four vital points for DeepTech industry startups that would come in handy. (i) Unbiased technology evaluation is vital, (ii) Innovation architecture design should take into consideration particular risks, (iii) Efforts to counter the shortcomings of the corporate top-down venturing approach should be given emphasis, and (iv) Concentrate on use cases rather than technology.


Knowing the key technology trends for the next decade is not good enough. As an organization, you must act rather than react at the end moment. Below are a few key recommendations on what you can do for your company to be prepared for the coming decade.


Moore's law is the observation that the number of transistors in a dense integrated circuit (IC) doubles about every two years. Moore's law is an observation and projection of a historical trend. Rather than a law of physics, it is an empirical relationship linked to gains from experience in production.


The observation is named after Gordon Moore, the co-founder of Fairchild Semiconductor and Intel (and former CEO of the latter), who in 1965 posited a doubling every year in the number of components per integrated circuit,[a] and projected this rate of growth would continue for at least another decade. In 1975, looking forward to the next decade, he revised the forecast to doubling every two years, a compound annual growth rate (CAGR) of 41%. While Moore did not use empirical evidence in forecasting that the historical trend would continue, his prediction held since 1975 and has since become known as a "law".


Moore's prediction has been used in the semiconductor industry to guide long-term planning and to set targets for research and development, thus functioning to some extent as a self-fulfilling prophecy. Advancements in digital electronics, such as the reduction in quality-adjusted microprocessor prices, the increase in memory capacity (RAM and flash), the improvement of sensors, and even the number and size of pixels in digital cameras, are strongly linked to Moore's law. These ongoing changes in digital electronics have been a driving force of technological and social change, productivity, and economic growth. 2ff7e9595c


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