As humans have entered a new decade, our lives have been transformed by information technology in Pakistan in different ways. In many Pakistani industries, the increase of technology trends has resulted in reshaping the business operations in different ways.
From artificial intelligence (AI) to Blockchain, given below are the 7 information technology trends in Pakistan that you must know:
Blockchain is one of the key trends in information technology in Pakistan that could have an impact on the business world . It is an append-only transaction ledger. It is one of the secure technology trends because of its decentralized and encrypted nature. Continued investment by different companies such as IBM, FedEx, Walmart and Mastercard in the year 2019 is growing productive results.
The biggest benefit of blockchain’s distributed ledger is a potential reduction in operational costs. This is mainly because costs are eradicated due to the current processes by removing intermediaries or administrative effort of keeping record and transaction reconciliation.
Blockchain technology was deployed by the government Pakistan in 2019 for the banking sector. The step was taken to attract remittances from Malaysia. This was a step directed by Financial Action Task Force (FATF) to combat terror financing and money laundering. Implementation of such a technology in Pakistan is essential for improving business operations.
Internet of Things (IOT) technology allows telecom companies to monitor data centers and base stations working remotely. This also helps to make sure that there is low levels of downtime for network. Due to the fact telecom is instrumental for providing IoT infrastructure, the industry is poised to develop and provide its own IoT based services.
Because IoT technology does results in more devices on network, there would be more opportunities for privacy and security breaches that may arise. As a result, companies are required to prepare and plan defenses for that.
For the growth of IOT information technology in Pakistan, there are various projects that are being funded by such as Ignite, Xbits, CricFlex etc.
One of the technology trends that may emerge in 2020 is autonomous vehicles. CEO of Tesla, Elon Musk, stated that he does expects his organization to create a completely autonomous vehicle by 2020.
The company focuses on increasing vehicles that are capable of operating with lane changing and automated braking. This could become a common sight for cars in future. We may also be hearing about certain measures that will be taken by legislators, regulators and authorities.
According to a statement made by Minister of science and technology Fawad Chaudhary in 2019, autonomous cars could be introduced in the country in the next couple of years. Successful implementation of autonomous cars will result in a massive technology growth in Pakistan.
The fact can’t be denied that Artificial Intelligence (AI) is probably one of the most transformative technological evolutions of the 21st century. Most organizations have started to explore how they could use AI for improvement of the customer experience and streamlining business operations.
Much of the applications of AI would be performed through as-a-service platforms. This will allow users to simply enter their data and pay for algorithms and compute resources by using them.
During and even after 2020, we may be able to see a broader adoption as well as an expanding pool of providers that will start to provide tailored services and applications for specific and specialized tasks.
Government of Pakistan is also aware of the significance of AI. It has also started PIAIC for training students and allowing them to have a grip on AI and ML. The private sector has also made significant progress for introducing AI in Pakistan. A bot by the name of name RUBA (Real Urdu Bot Automation) was designed by C-Square in a strategic alliance with Genesys.
It is a Siri-styled virtual voice-enabled personal assistant. The bot can also interact with users in Urdu and can also respond in Urdu. It can also carry out simple tasks by checking your bank account balance and also send a text message on your behalf.
The 5th generation of connectivity through mobile internet will provide us with super-fast upload and download speed and also with stable connections. Year 2020 is highly likely to be the year that will allow us to have access to 5G services with affordable data plans and improved coverage.
The increase in speed will also mean that mobile networks would have better connectivity. The increase in bandwidth would allow robots, machines and autonomous vehicles for collecting and transferring more data.
In July 2019, Pakistan Telecommunication Authority (PTA) issued an advertisement for trials related to 5G wireless networks. It is expected the regulator will issue 5G license end of 2020. The introduction of 5G could have a significant technology growth in Pakistan .
In the near future, demand for cyber security will increase. This is one of the technology trends that will also influence everyone. Cyber security is also becoming an essential technology in Pakistan. The attacks made by Indian hackers on Pakistani websites as well as the recent banking debacle in 2018 has also required prompt attention from the government of Pakistan to improve the cyberspace in the country.
Pakistan launched its first ever Cyber Security Centre at Air University, Islamabad for protection of the country’s cyberspace, economy and infrastructure from cyber-attacks. It really is a good contribution to the information technology in Pakistan.
Another trending information technology in Pakistan creating new waves in immersive digital experiences is Extended Reality (XR). It refers to augmented, virtual and mixed reality. Augmented reality (AR) focuses on overlaying digital objects into our real world through the means of smartphone screens or displays. Virtual reality (VR) provides an immersive digital experience.
In this technology, an individual uses headsets that blend out real world. An extension of mixed reality (MR), AR users could interact through the means of digital objects that have been placed in the real world.
VR and AR is a new information technology in Pakistan. However, major media hubs and telecom companies have started to introduce them to their consumers in entertaining and user-friendly ways.