Information technology evolves every day. Only businesses that are able to match up with the latest technological changes are here to survive. Organizations all over the globe are investing huge money in technology. All industries including Education, Healthcare, Entertainment, Retail, Transport, Automobile, etc. are adapting their work cultures according to latest technologies and are following technology trends. It is estimated that Information Technology expenses will top $4.8 trillion in 2018 globally.
2017 was a big hit with technological inventions. The list of technological inventions seems never-ending. One of the most talked technological trends in 2017 was IoT. According to a report generated by Markets and Markets latest technology news is, Internet of Things market is expected to grow up to USD 561.04 Billion by the year 2020. Also, Virtual reality gained good popularity in the year 2017. Hundreds of games based on VR were launched and dominated the Gaming market. Other popular technologies of the year 2017 includes Reversing paralysis, self-driving vehicles, machine learning, automation, etc.
Various technology predictions are made for this year and organizations have already started working on it. Let us have a look at what new trends you would see in the year 2018:
5. Artificial Intelligence:
Scientists and engineers are working hard to implement artificial intelligence for the betterment of human beings. The main purpose of AI is to facilitate small as well as big tasks and minimize time consumed by all. Artificial Intelligence as the name suggests, is systems having their own understanding! Imagine a world where driverless cars running on streets. Or robot chefs! It sounds like a script of some fictional movie, but it is all going to be in real soon! Tesla, a giant in the Automobile industry is developing new software for their cars that won’t require drivers! The major advantage of Artificial Intelligence is, computers can do any work (Which we train them to do) at an incredibly fast speed and with great accuracy. The number of errors will be reduced. But, one thing we need to understand is limited authority should be given to computers under AI. As Stephen Hawking said, Failure in conducting best practices for AI can end human race!
Cryptocurrency is nothing but a type of digital currency. It uses cryptography for security and anti-counterfeiting measures. Blockchain, bitcoin, are few popular examples of cryptocurrency. In credit cards, pull systems is used to fetch money from your account. But, in cryptocurrency, the push system is used. It allows the only particular amount to be fetched from an account which is liable. It is not bound by the exchange rates, interest rates, transactions charges or other charges of any country.
3. 3D Printing:
It is changing the way products are produced. 3D printing joints materials and solidifies with the help of computer control to create a three-dimensional object. 3D printing is being used to create toys, automobile parts, aircraft parts, weapons and also a human organ. This invention of 3D printing is a revolution in Healthcare industry.
2. Technology for Healthcare Industry:
Augmented reality is not just related to games. It can be a great help in the healthcare industry as well. Symptoms can be described in a better way through augmented reality. Eye decide is a right example of AR helping patients to detect what disorder is there. Also, google glass is made for new mother that have problems in breastfeeding their babies. Also, clinical patient access solution uses certain technology that offers clinical information of the patient to anyone (authorized) seeking.
1. Technologies in Mobile:
Information technology is changing the world with the help of mobile operating systems. As we know, internet of things functions with help of gadgets. Two gadgets connect with each other and operate accordingly. Speech to speech translation enables users to communicate without knowing others’ language. Wireless charging, flexible smartphone is another technology trend in the mobile world.
These are the top 5 technology trends supported by technology predictions in the year ahead. Information technology is a deep ocean that seems never-ending. It will be interesting to look out what businesses are adapting into.