Future‌ ‌of‌ ‌the‌ ‌IT‌ ‌industry.‌

Vasanth Kumar Nagulakonda
2 min readJun 7, 2021

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Today we from Fallov Team will throw light on the future of the IT industry.

  • AI and ML will prevail everywhere.
  • WFH will be an everyday norm.
  • Consulting and staffing will be more common in developing nations like India.
  • The permanent staff-to-consulting staff ratio will decrease because MNCs will hire talent on an ad-hoc basis.
  • Software Engineering could be as simple as plumbing in the future with third-party widgets/plugins coming into the market.
  • Autonomous Databases and Autonomous Cloud will be the future, eliminating the need for DB Admins and DevOps.
  • Cyber Security professionals will be demanding the highest pay scale in the future.
  • Social media will enter all geographies across the globe, erasing borders, thus, bringing news and information to everyone instantly.
  • The advent of BCI chips from Elon Musk’s Neuralink can make our Humans into Super Humans.
  • The BFSI industry will gradually shrink into one to two banks per Nation.
  • IT MNCs from India will produce every requirement from their clients and the product to multiple clients, thus reducing the cost of product development.
  • Cognitive Computing will make English programs the systems.
  • Startups will be mushrooming with young entrepreneurs.

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Source: https://blog.fallov.com/2021/06/future-of-it-industry.html

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