We have a pretty good idea of what the next 5 years hold in technology. We’ll see an increase in software automation, machine learning and AI, data-driven insights, and large-scale virtualization. But, while you can expect all of these technologies to play a significant role in the future of tech, we are only at the beginning.
Here are 5 emerging technologies that will impact our business and personal lives over the next 5 to 10 years.
If you want to learn more about current technologies, check out my blog 5 Emerging Technologies That Will Change The World By 2025.
Artificial Intelligence (AI)
Today AI is already all around us and most of us don’t even realize it. This is because AI today is pretty simple – it’s often just a computer program that has been trained to recognize certain things or even think like a human being. In the coming years, we will see more sophisticated AI applications with advanced sensory inputs such as voice recognition and image analysis. Additionally, we can expect to see major advancements in artificial narrow intelligence (ANI), which is simply AI that focuses on performing one task very well.
According to a paper titled “Emerging Technologies: Enabling New Designs” by the US National Research Council’s Computer Science and Telecommunications Board, emerging technologies are defined as those technical innovations which represent progressive developments within a field for competitive advantage.
To explain this further, I’ve compiled a list of 5 changes on the horizon which will make an impact not only on IT but other areas of our lives too.
1) 3D Printing- 3D printing is an emerging technology that has been around for quite some time now but has progressed quite significantly over the past few years. It is set to be one of the most disruptive technologies in the future. It can also manufacture products in different shapes, sizes, colours and material types such as plastic, metal or ceramics.
Last week I spent time at the Gartner Symposium and ITxpo in Barcelona. The symposium was the best I have attended in the last few years, with a broad range of content from industry experts, analysts and technologists from around the world.
In this post I share some of my key takeaways from the event, looking at five emerging technologies that caught my eye. These are all relatively early stage technologies but have the potential to disrupt industries and change our lives for the better.
1. 5G & 5G Ecosystems
The announcement by Huawei that they will release a 5G smartphone in 2018 may come as a surprise to many, especially with UK operators not expecting to launch their services until 2020. But with other countries already making announcements regarding their rollout plans it is clear that 5G is coming soon.
The focus of most of the discussions around 5G has been on how it will impact the consumer market, particularly with regards to video streaming and gaming, However, it is likely that enterprise will be one of the first areas to see benefits from 5G, especially those companies operating in remote and rural areas where access is currently limited.
For many businesses there are still questions around cost which will impact adoption rates, while others are
It may be a while before the technology is ready to be used by everyone, but we can expect 5G to be available in some form by 2020.
5G will provide extremely high data transmission speeds, allowing for much higher resolution and greater immersion in VR. This means that VR technology will continue to improve, with better visuals and sound, as well as more realistic sensations like touch.
If you want to get your hands on some of the latest tech, you will need some money behind you. Using online loans from Cashfloat is one way to get the cash you need now for the best technology of tomorrow.
We are living in an era of unprecedented technological change. The rise of artificial intelligence (AI), the Internet of Things (IoT), virtual reality, augmented reality, and blockchain technology are just a few examples of what is to come.
The technologies we talk about today will not only shape the future but also present us with new business opportunities. For example, self-driving cars will bring about a revolution in urban mobility and create new growth opportunities for companies that manufacture cars.
In this post, I am going to look at five emerging technologies to watch out for in 2018 and beyond. These technologies have the potential to change how businesses operate and how consumers live their lives.
Blockchain has received plenty of attention in recent years thanks to its association with bitcoin. But it is not just bitcoin or cryptocurrencies that have captured the imagination of entrepreneurs and investors. Blockchain has massive implications for other industries such as financial services, healthcare, insurance and others.
Simply put, blockchain is a distributed database of records or public ledger of all transactions or digital events that have been executed and shared among participating parties. Each transaction in the public ledger is verified by consensus of a majority of participants in the system. And, once entered, information can never be erased.
1. Artificial Intelligence (AI)
AI is a broad science, and it has many applications. Some of the most prominent applications are in the areas of transportation, finance and healthcare. The core capabilities of AI for these areas include:
Computer vision – In transportation, computer vision is used to develop driverless cars.
Speech recognition – This enables voice-controlled assistants such as Amazon Alexa, Microsoft Cortana and Apple Siri.
Machine learning – Used to make predictions in financial markets and identify cancerous cells in medical scans.
Natural language processing – Used by chatbots in customer service scenarios to answer questions or process transactions.
2. Augmented Reality (AR)
Augmented reality is the blending of physical real-world environments with virtual elements like sound, video, graphics or GPS data. It creates an overlay between what we see and what we understand about what we see (our cognitive understanding).
In retail, AR is driving more efficient inventory management through object recognition, which helps retailers locate misplaced items faster. In hospitality and gaming, AR is used for entertainment purposes. Similarly, restaurants are using AR to provide diners with a more personalized experience by displaying nutritional information on menu items or allowing diners to choose their own table decor settings through table projections onto white table