New technology is still rapidly appearing in industries. Technologies born only a decade ago are becoming new leaders of industries that existed before the technologies were even concepts. As companies compare to each other in globalization and in this rapidly advancing world, they require to be updated of the current trends in technology. The following are 10 of the most promising emergent technologies to watch as they will have an increasing role in the near future.
1. Artificial Intelligence (AI):
It is increasingly becoming integrating into all fields of technology. from siri and Alexa to recommendation systems of Netflix and Amazon, AI is fast emerging in automating normal human functions and integrating with human skills. The next wave of artificial intelligence can and will bring such things now, like self-driving cars and algorithms that can diagnose diseases. With time fast approaching, it is evident that AI aids and algorithms will play a big role in boosting business productivity.
2. 5G:
A new generation of cellular mobile communication systems is the fifth generation 5G which gives higher data rate, lower latency time and support larger number of connected devices than its preceding system. During 2020 and beyond, as 5G networks are deployed in the global market, the following applications are expected to experience faster video and media streaming, AR/VR, connected cars, smart cities, and physical devices that are enabled by internet: New technological opportunities can be enabled by 5G.
3. Internet of Things (IoT):
IoT is an acronym that stands for Internet of Things, these extend to billions of internet connected sensors, machines, automobiles and other paraphernalia that gather and disseminate information. Internet of Things is gradually invading homes, cities, factories /organizations along with providing opportunities to perform more tasks on its own or to collect important information. As more devices are installed, IoT networks can become the key to creating highly intelligent spaces and environments, which range from households to entire cities.
4. Quantum Computing:
Quantum computing puts to use principles of quantum mechanics to give much larger improvements in computing capability. Right now, quantum computing is coming to light as a new domain that may facilitate responses to issues that standard computers cannot manage. Quantum computers of the future might help the progress of artificial intelligence, materials science, and drug development in addition to helping to crack codes at present used in security. Many well-established industry giants such as IBM, Google, Microsoft, and Intel are keen on the development of quantum systems for sale.
5. Blockchain:
Blockchain came to mainstream attention as the system that enables cryptocurrencies such as Bitcoin but it goes farther than that. As a background, it is crucial to clarify that blockchain is an anti-tampering, distributed database with clearly defined parameters in terms of its function – to register economic operations and other interactions. Businesses in various sectors are seeking blockchain for better visibility, higher reliability, less expenses and credibility. Although further applications of blockchain are still to be developed, key areas include digital identity, contracts, supply chain and voting.
6. Extended Reality (XR):
New computing paradigms, including Virtual Reality (VR), Augmented Reality (AR) & Mixed Reality (MR) are revolutionizing; and redefining interfaces between humans and computing devices/physical environments. Taking some best attributes from AR and VR, it means that XR is capable of delivering even more engaging and convincing digital representations of the surroundings that can ultimately revolutionize work, entertainment, shopping, and a lot of other spheres. Most probable fields of XR are training, telemedicine, improved shopping experiences and 3D modeling.
7. Robotic process automation also known as Robotics:
Robotics process automation secures the utilization of artificial intelligence powered bots to facilitate the repetitive business functions such as customer service, accounting, reporting, among others. With the help of bots, people can complete monotonous activity, and thanks to RPA, they can spend more effort on valuable work. As smart automation gets better in coming years, RPA will reformulate white-collar workers in a manner in which robotic arms have done to manufacturing industries.
8. 3D Printing:
Also known as the technology of additive manufacturing, 3D printing forms objects from plastics, metals, food and many other substances by stacking layers. Over the few years, 3D printers have become compact and cheaper and different businesses have embraced the innovation in prototyping their commodities, making customized equipment and also cutting costs in the production cycle. That is why some futurists go even further and suggest that one day the technique that 3D printing is based on could enable consumers to build products at home. Further development of the speed, the material and software may open up completely new levels of use of 3D printing of which we are still far from seeing.
9. Autonomous Vehicles:
Recent years have seen what might be attributed to the consistent progress of self-driving cars, AI, sensors, cameras and much more. Champions including Tesla Motors, Google and Uber are already pushing for the future personal vehicles’ automation. Future generations of unmanned cars are to create a revolution in road safety, initiate a rethink of the layout of large cities, decrease traffic jams, and ultimately prepare the way for airborne automobiles.
10. Human Augmentation:
Human augmentation refers to technologies that are placed into a person, worn as a device, taken as medications or in any way incorporated into a person to arrive at a state of optimization. The four transformative technologies which are Brain Computer Interface, Neural Implants, and Powered Exoskeletons have the potential to change the productivity as well as the health of man. Transhumanist believe that technology is the pathway to moving beyond our current existence reaching human potential physical, mentally, and past our present life expectancy. Technological advancement in genetic engineering, robotics and nanotechnology is making that vision slowly come through.
Looking Forward:
Further, there are the following key emerging technologies
continued from here; Drones Cloud Computing Biomechanics Batteries… And as for
new technologies, few can predict what these will be in the future, let alone
in another two or three decades. While, it is less likely that condensed
lifecycle is due to be reversed; we can anticipate that progress to accelerate
the shortening of generations of technology. One thing that the world of
technology assures one is change in a very short period. # The institutions
which will benefit from the increased application of the currently evolving
emergent technologies are those that champion innovation and adaptability.
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