Innovations in IT: Past, Present, and Future.

  • SaySay
  • Ai
  • June 20, 2024
  • 0 Comments

In the early 2000s, information technologies entered a new era at an incredible pace. This period was marked by the rapid development of the internet, mobile technologies, and cloud computing. It also witnessed the emergence of giants like Google, Amazon, and Facebook, which became drivers of digital transformation. However, comparing the state of the IT industry in the early 21st century to today, we see that the evolution has been colossal. Today, information technologies not only support business processes but have become their key component. From the development of autonomous vehicles to cloud computing and artificial intelligence, IT permeates every sphere of life.

According to the Information Technology & Innovation Foundation data for 2023, investments in IT have reached new heights. The increasing focus on data processing is one of the most noticeable trends. Organizations increasingly recognize the value of data and actively implement innovative methods for its analysis to make more informed decisions. In the context of global trends, it is important to pay attention to the state of IT in our country, including in the USA. Azerbaijan, according to the Global Innovation Index 2023, has also made significant progress, partly due to improved communication infrastructure and the development of the digital economy. For instance, in 2019, our company successfully implemented a solution for developing and deploying a Business Intelligence (BI) and Data Warehouse (DWH) system at Pasha Bank, and earlier this year, we won a tender to implement a similar system at the Innovation and Supply Center of the Ministry of Health of the Republic of Azerbaijan.

One of the key trends in IT for 2024 is the expanding use of artificial intelligence. This technology has evolved from something abstract to an integral part of many solutions, from automating business processes to creating personalized products and services. Another important focus area is cybersecurity, which I would like to delve into further.

Types of Modern Threats

With the growth in data volumes and the shift to digital platforms, protecting information becomes a priority. Cyber threats are becoming more sophisticated, requiring constant improvement of protection methods. Cybercriminals constantly find new ways to hack systems, steal data, and launch cyberattacks. They employ various techniques including phishing, malware, Distributed Denial of Service (DDoS) attacks, ransomware, and more.

Ransomware is malicious software that takes control of computers or networks, encrypts data, and demands ransom for its release. This type of cyberattack is becoming increasingly common and sophisticated, posing serious problems for victims. Ransomware often spreads through phishing emails, malicious websites, or by exploiting vulnerabilities in software. It can target individual computers as well as entire corporate networks, causing significant damage to businesses and individuals.

Fraudsters also develop and refine social engineering techniques. In the wrong hands, the art of manipulating people to obtain confidential information or perform specific actions can reach a sophisticated level. One of the common social engineering techniques is phishing—sending fake emails or messages that appear to be legitimate requests from banks, private companies, or government agencies. Victims are persuaded to provide their logins, passwords, credit card numbers, or other confidential information, allowing fraudsters to access their accounts or steal personal information.

The antidote lies in the development and deployment of advanced technologies such as machine learning and artificial intelligence to detect and prevent cyberattacks, as well as the deployment of proactive monitoring systems capable of detecting anomalous behavior and responding to it before serious problems arise. ULTRA Technologies’ experts possess all the necessary skills and experience to address such challenges.

Often, users become the weak link in the cybersecurity chain due to their lack of awareness about potential threats and protection methods. Therefore, educational programs and awareness campaigns aimed at educating users about safe online behavior, recognizing phishing attacks, and handling confidential information will help mitigate these threats.

As the number of IoT-connected devices grows, another cybersecurity threat arises, as many of these devices have weak security measures. Therefore, one of the tasks for standardization institutes in the near future will be to develop and implement security standards for IoT devices, including data encryption, device authentication, and regular software updates to close vulnerabilities.

Regarding the ecosystem within organizations, insufficiently flexible or poorly managed access systems can lead to unauthorized actions within the company’s perimeter. Addressing these threats will be aided by the implementation of strict access management strategies such as two-factor authentication, privilege management, and regular access audits to identify anomalies.

Ensuring Personal Security in the Digital World

Unfortunately, up-to-date information about cyber threats often remains hidden because many companies and government agencies do not disclose data about cyberattacks and other security incidents. Therefore, mutual assistance in developing mechanisms for sharing information about cyber threats and implementing joint efforts to combat cybercrime at both international and national levels becomes a crucial part of protection strategy. Overall, effective cybersecurity requires a comprehensive approach, including technology, education, cooperation, and strategic management. In the future, with the development of technologies such as quantum computing and blockchain, even more advanced methods of protection against cybercriminals will be developed.

IT drives progress

Every day, the volumes of data created and accumulated by companies continue to grow. This creates a need for effective tools for their processing and analysis. Already, machine learning and deep learning technologies allow extracting valuable insights from large volumes of data, identifying hidden patterns, and making accurate forecasts. The application of artificial intelligence is becoming increasingly common in business, enabling process automation, data analysis, and decision-making. Artificial intelligence will allow systems to improve their performance over time without explicit programming.

From 2024 to 2030, further deepening and expansion of technological innovations in IT are expected. Progress in this area will be associated with the creation of more intelligent systems, improving the level of cybersecurity, and developing technologies for processing and analyzing big data. In Azerbaijan, considering the rapid development of digital infrastructure and the support provided by the government to innovative projects, further growth of the IT sector and its contribution to the country’s economy can be expected. Accordingly, there will be further expansion of cooperation between business, government, and educational institutions to train and strengthen the workforce in this strategically important area.

Thus, IT continue to remain at the forefront of attention for both global corporations and regional players, and innovations in this field will continue to change our world over the next decade and beyond.

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