Discuss the trends that drive the growth of the IT industry

Discuss the trends that drive the growth of the IT industry, technology, and regulations

Solution

Some of the latest trends seen in recent past which has driven the growth of IT industry, technology and regulations are Internet Of Things which is the new thing in market and most of the companies have deployed it or plan is in place to work on it.The analysis says it will bring new future and business to companied by allowing them improve value propositions, engage with customers on levels previously unavailable.Second trend is Big Data which has changed the definition of structuring , managing analysing data. Most of companies has implemented this and this implementation has increased the demand of big data softwares.Next one is Cloud computing, this has brought a massive change in the way company deployed their projects, previously comapnies used to have the infra with designated server/data centers and increasing infra(like adding server or any physical device to support the service) was a costly thing but cloud(distributed computing, where resources are shared and given as and when required) has changed it and made it easy for the companies and the engineers working on it.