Technology Trends to Watch
Technology is always changing. Certain trends disappear while others gain traction as major brands invest in or integrate industries with them. The pace of change is breath-taking and it is important for companies to stay abreast of the latest technology trends to ensure they can reap the benefits and not be left behind.
Artificial intelligence is one of the most widely used technology trends. It is utilized in a myriad of business applications including image and voice recognition, smart assistants and navigation apps. This trend is expected to increase usage in the coming years as hardware and programming improvements make it more widely accessible and affordable to implement.
Blockchains and distributed ledgers are the next big tech trend. This highly secure method of storage and authentication of data could revolutionize a range of business processes. Healthcare for instance, is taking it up because of its potential to enable secure transactions.
Biotechnology is a third area that is ripe for disruption. AI automation, robotics, and DNA sequencing are causing this revolution. Gene-therapies, hyperpersonalized medications, and genetically-based advice on exercise and food are all possible. Companies need to assess their bQ (biological quotient) and decide whether they want to incorporate these new technologies into their existing R&D or partner with start-ups based on science.
Drones and unmanned air vehicles (UAV) is another trend you should be aware of. These devices enable businesses to collect data and information from remote areas or those that are not accessible as well as reduce downtime and cost.