There are many technologies that have already made their prominent mark in 2018 and are only a few more applications away from becoming mainstream. These emerging technologies are changing the way we work and interact with others. These technologies revolutionizing the way we do business and making high-tech approaches an integral part of our lives and also reshaping the career space.
1. Internet of Things (IOT)
The Internet of Things enables the next stage of the Internet whereby smart devices and other endpoints get connected via Internet technology.
Internet of Things is a web of hardware devices, home appliances, vehicles, and other products embedded with electronics, sensors, connectivity, etc. which empowers these things to connect and exchange information. All the companies are following this technology trends for the business that will change the whole concept of running a business in the future.
The impact ratio will totally depend on your industry. For example, for those who work in marketing, advertising, media or business management, IoT could provide a wealth of information on how consumers engage with products by tracking their interactions with digital devices. In turn, this data could be used to optimize marketing campaigns and user experiences.
2) Artificial Intelligence
According to the father of Artificial Intelligence, John McCarthy, it is “The science and engineering of making intelligent machines, especially intelligent computer programs”.
Basically, artificial intelligence (AI) is the ability of a machine or a computer program to think and learn. The concept of AI is based on the idea of building machines capable of thinking, acting, and learning like humans.
Its present-day tasks of enabling computers to read (studying messages and reports), see (through facial recognition), listen (by enabling Amazon Echo to answer your command), speak ( Siri is able to give you an answer) and even record emotions (through affective computing) will help AI become a technology that no longer needs human intervention to aid its learning.
Satoshi Nakamoto is the name used by the unknown person or people who designed bitcoin (first ever cryptocurrency) and created its original reference implementation. As part of the implementation, they also devised the first blockchain database.
Blockchain is a decentralized database that holds a continuously growing list of records or transactions in real time. Each set of transactions is stored together as a block, which is connected to a succession of other blocks in chronological order. Each block uses a digital signature that makes them verifiable, permanent, transparent, and extremely secure.
Since blockchain has evolved and the scientist and researchers integrating the decentralized concept (blockchain) in future technologies like IoT, AI, Web 3.0.
4) Web 3.0
Web 3.0 will be based on the semantic web. This is a technology, where information and data are stored in such a way that the computer systems understand them. It may give birth to a next-gen artificial intelligence.
Web 3.0 is slated to be the new paradigm in web interaction and will mark a fundamental change in how developers create websites, but more importantly, how people interact with those websites. Computer scientists and Internet experts believe that this new paradigm in web interaction will further make people’s online lives easier and more intuitive as smarter applications such as better search functions give users exactly what they are looking for, since it will be akin to an artificial intelligence which understands context rather than simply comparing keywords, as is currently the case.
It is the “executable” phrase of Word Wide Web with dynamic applications, interactive services, and “machine-to-machine” interaction. Web 3.0 is a semantic web which refers to the future. In Web 3.0, computers can interpret information like humans and intelligently generate and distribute useful content tailored to the needs of users.
5) Cognitive Technology
Cognitive technology is in the same vein as machine learning and virtual reality except that it’s a broader concept. For example, the cognitive technology umbrella includes things like natural language processing (NLP) and speech recognition. Combined, these different technologies are able to automate and optimize a lot of tasks that were previously done by people, including certain aspects of accounting and analytics.
6) Edge Computing
Edge computing allows data produced by the internet of things (IoT) devices to be processed closer to where it is created instead of sending it across long routes to data centers or clouds.
It is a computing element where everything from — information processing, content collection, and its delivery are situated close to the source of information. Latency and connectivity challenges, bandwidth restrictions, and higher functionality are some of the benefits that get embedded at the edge of the source.
The future belongs to Voice. The time when the only relation between voice and technology used to be when we used to talk on our mobile devices is long gone. In fact, the current time of text messaging being the front runner in e-commerce and a prevalent part of users’ interaction with their devices, is also slowly passing us by.
While technologies like Alexa and Siri have already acquainted us with the power of voice in conducting everyday tasks, the applications have still remained very limited. But the future that it has set for itself, has placed Voice based applications in the list of technology trends for 2020.
As the technology trends grow faster over time, the above-mentioned technologies are just a prediction over current technology trends. But in the future, these technologies might be a starting phase of something big that going to come. As the human minds working all around the clock to innovate and research new ways to live easier in the earth and beyond. The only choice that we have is to wait and watch how extreme these technologies will shape our future. Good Luck with that.