Latest Technology Updates
After the huge disruptions caused by the COVID-19 crisis in 2020, companies are looking to get back on course and, importantly, build for the future.
The past year has poked holes in long-standing norms about how companies operate and how people live. Companies looked at their operations and saw fragile supply chains, untrustworthy information and radically new customer needs. As they’ve adjusted to these realities, the most successful ones have become Experts at Change.
The 21st century has been a century of technological change. Several highly commercial and prevalent technologies during the early 2000s have entirely vanished, and new ones have taken their place.
We are amidst the 4th Industrial Revolution, and technology is evolving faster than ever. Companies and individuals that don't keep up with some of the major tech trends run the risk of being left behind.
Understanding the key trends will allow people and businesses to prepare and grasp the opportunities. As a business and technology futurist, it is my job to look ahead and identify the most important trends. In this article, I share with you the seven most imminent trends everyone should get ready for in 2020.
People are ready for something new and it’s time for enterprises to join them.
Autonomous Driving- An Easy, Safe Driverless Drive
You must be apprised of companies like Tesla, Alphabet, and Waymo, and the one thing that is common among them is their objective, which is to craft impeccable autonomous vehicles. The idea of a driverless car in itself generates a considerable amount of excitement.
Tesla and SpaceX founder and chief Elon Musk already has the future design of autonomous vehicles and aims to go big in this industry. During an interview Elon has stated, “From our standpoint, if you fast forward a year, maybe a year and three months, but next year for sure, we’ll have over a million Robo-taxis on the road.”
Data Storage and Computation
Today, the primary concern of every industry is the laggy approach that sometimes affects the overall management of the operations. Therefore, industries are focusing more on the efficiency and the response rate of computing, through which data analysis is made. And here comes the role of edge computing.
Edge computing, one of the current trends in technology, brings data storage and computation closer to the businesses, and hence, ameliorates the response times and saves bandwidth. Also, it weighs more like the latest trend in technology because the industries are rapidly empowered with sophisticated and specialized resources, which is bound to reduce the latency.
AI-as-a-service
Artificial Intelligence (AI) is one of the most transformative tech evolutions of our times. As I highlighted in my book 'Artificial Intelligence in Practice', most companies have started to explore how they can use AI to improve the customer experience and to streamline their business operations. This will continue in 2020, and while people will increasingly become used to working alongside AIs, designing and deploying our own AI-based systems will remain an expensive proposition for most businesses.
Personalized and predictive medicine
Technology is currently transforming healthcare at an unprecedented rate. Our ability to capture data from wearable devices such as smartwatches will give us the ability to increasingly predict and treat health issues in people even before they experience any symptoms.
Virtual Reality
According to Wikipedia, Virtual reality is an experience that can be similar to or completely different from the real world. It is widely applied in the field of education, training, healthcare; to name a few. When it comes to Augmented Reality, it refers to the addition of digital elements to a live view by using the front camera of smartphones. Recent examples of AR are games like Pokemon Go and Snapchat Lenses.
Medical Upgrade- The Rise of 3D Printing
A much-anticipated tech trend in 2020 will be the sophistication of technology upgrades in the medical field. 3D printing will open a new business of advanced prosthetics as many universities are expanding their research in 3D printing of bionic body parts.
Scientists at Princeton University, New Jersey, for instance, have 3D printed a "bionic ear" that can "hear" radio frequencies far beyond the range of normal human capability.
In 2020, businesses not only need to come together to form a cyber-secure ecosystem but also review their take on data analytics. For that to happen, the present staff needs to be well trained for the latest trends in information technology and the process should be followed accordingly. We expect to catch sight of a technological advanced world with conclusive use cases of all the above mentioned technologies.
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