Arguably the most challenging part of starting a technology company is coming up with a new idea never implemented before that can change the world as we know it. It can be trying to think of a new concept that millions of people worldwide will want to use every day, so we thought we’d delve into some of the leading fields of tech development that are a necessity in the modern world.
Artificial Intelligence
As automation becomes more engrained in everyday life, the tech industry is correlating towards AI and machine learning, especially during the Covid-19 Pandemic. AI and machine learning create new remote services, educate children, and develop the most essential medicines needed to keep society intact. There are endless opportunities for new companies and industries created with automated algorithms. Take Clari, for example, a company from Sunnyvale, California, that created a sales data entry algorithm with an estimated net worth of $1.6 billion.
Information Security
Recent years have taught us the high stakes perils of cyber security breaches for businesses and governments alike. The colonial pipeline ransomware attack, for example, resulted in millions of dollars worth of repercussions (and ransom), not to mention an abhorrent attack on the feeling of public safety. Ransom attacks can happen to any average civilian as well through phishing techniques that can seize people’s entire lives and their life savings.
There have been a plethora of new information security startups based in the US-engineered to protect regular people from such heinous acts. These companies design cloud security, new identification features, IT investigators that combat ransomware attacks, new cybersecurity codes and algorithms, and various programs to protect small businesses.
JavaScript Developer
One of the most popular programming languages and most useful for creating interactive interfaces, JavaScript is a staple of technological development, with vast potential to expand and advance. On average, JavaScript developers make between $100,000-$160,000 a year, leaving plenty of potential for the programming language to grow and foster over the next few years. Mastering JavaScript can open the doors to opportunities across sectors in the tech field as the landscape becomes more interactive and relies on constantly expanding intelligence.
Virtual Reality
The lockdown of 2020–2021 kept most people confined to their homes for over a year, prompting businesses, schools, and universities to adopt different forms of AR and VR technologies. These programs allow people to meet together in person in alternate dimensions, both for business and entertainment purposes. Consumer spending on AR and VR headsets/software rose 50% worldwide from 2019 to 2020, with over $12 billion spent overall.
AR and VR programs for retail are expected to reach $2,094.08 billion over the next six years. With new worlds created for business, education, and new past-time hobbies, this arena should spark promising potential for any startup enterprise.
Application Developer
Nearly 97% of adults in the U.S. own smartphones, so the market for new and innovative mobile apps is expected to sustain steady growth for the foreseeable future. This is an area of tech development that has virtually no limits. A mobile app can serve any purpose ranging from finances to health to minigames you play on the subway ride home from work.
Image source: Rick and Morty on Giphy
Software Developer
As technology expands faster than we can keep up with, there should be no shortages of ideas to develop into cutting-edge software that people around the world can use. Software developer jobs are growing by 22% over the next eight years, leaving plenty of room for new and innovative tech project ideas to develop. Every day, millions of programmers are coming up with a multitude of ideas for new and helpful software designed to help businesses grow, for new skills to learn, and for people to connect. Our core belief at Prajix is that programmers should constantly reach out to like-minded people so these ideas can grow into reality and spur creativity across all walks of life. Software developers are raking in over $100,000 a year on average due to the increasing necessity for new ideas.
What is Prajix?
The best way for you to master the world of coding is by placing that world at your fingertips. Our mission is to empower developers worldwide to revolutionize the future we wish to have through online collaboration.
We allow developers to create or join project ideas on our platform, where they can find like-minded individuals to team up and collaborate within our collaboration rooms.
We are striving to build the most valuable network of programmers, coders, and developers from around the world into one place, creating a technological powerhouse that will help individuals and communities all over the globe.
If this sounds interesting to you or you want to learn more, visit our website at: www.prajix.com