Technological advances have been taking place on regular basis and a lot of credit goes to continued innovations. Innovation indicates technological change. The technology not only indicates the change in a generation of ideas but also to the change results in practical implementation and commercialization. The importance of technological innovation is evident in today’s competitive business environment. These days, the world economy is more or less dependent on technology and technological innovations. Here, we will discuss what are the emerging technologies or the next-generation technologies that you have to watch out for.
Technology is playing a pivotal role in transforming the way industrial processes are shaped and performed. If it is machine-to-machine communication or the technology superimposing a computer-generated image i.e. augmented reality, the technology is crucial in streamlining and automating their work. Several emerging technologies like 3D printing, machine learning, robotics that can transform the manufacturing processes drastically. Rapid change and innovation in technology have made human lives better and sophisticated. As there is a rapid change in the technological front, it remains a challenge how to keep up with new technological innovations.
Next Big Technologies to watch out for
- Mobile Internet: The internet is critical to the latest technological innovations. Interfaces, sensors, formats, and apps can dominate internet connectivity and additional 4.3 billion people can mobile connectivity. By 2021.
- Artificial Intelligence: Speech and gesture recognition are examples of user interfaces. These along with machine learning could play a critical role in increasing productivity or can eliminate the knowledge to some extent.
- Virtual and augmented reality: Augmented reality (AR) & Virtual Reality (VR) have reduced the gap between the digital and physical worlds. They have allowed taking data and content visually just like you take in the world. Major upgrades are expected to come in technology infrastructure and the app environment has made the consumers and enterprises alike.
- Cloud technology: The agility and flexibility that cloud technology offers are opening up new possibilities for the way businesses work, operate, and execute. Cloud computing is very essential to help businesses and people deliver digital transformation. Almost all IT services and apps are given via the cloud as the growing number of businesses use the public cloud as there is a considerable improvement in cyber security.
- Internet of Things: As many as 9 billion devices have been connected to the Internet and the number will continue to grow touching 1 trillion marks in a decade or so. The organizations will face a considerable challenge in monitoring and securing devices, systems, products, and even people. It drives efficiencies, brings new possibilities, and ensures safety in existing processes.
- Modern Robotics: Developments in AI, machine learning, sensors, hydraulics, motors, and materials have changed the way products and services are delivered. There is a considerable surge to build, operate and maintain the latest robots. Advanced robotics systems can transform industrial operations big way. It will take up activities that are done by human beings traditionally.
- Biometric technology: Biometrics measure and provide statistical analysis of human beings’ unique physical & behavioral characteristics. This technology is predominantly used for identification and access control. This also identifies the people under surveillance. The identification includes voice, face, fingerprint and thumb, eye, and signature.
- 3D printing: 3D printing technology is used for manufacturing and molding to prepare jewelry. 3D printing is highly popular and useful in the customized gift industry with products such as specific models of arts and dolls. It comes in shapes that are in metal, plastic, or in the form of consumable art like 3D printed chocolate. It can reduce supply chain costs due to an unprecedented level of mass customization.
- Genomics: Genetic engineering technology is expected to grow faster keeping up with computer speeds. DNA sequencing technologies and advanced analytics will help in boosting up agricultural production, reducing dependency on fossil fuels, and will increase human life expectancy by finding solutions to the diseases such as cancer, high BP, diabetes, etc.
- Blockchain: It is best known as virtual currency, for example, Bitcoin. It is used to form a permanent but public seamless transparent ledger system to compile data on sales and track digital mode of payments. It is also used by content creators like musicians and wireless users.
