9 Technological Trends that would shape our lives in future

9 Technological Trends that would shape our lives in future

We are amidst the 4th Industrial Revolution, and technology is growing faster than ever. Within certain span of time, new technology evolves and it is certain to be evolving in vast amount and become much advance in coming futures. Companies and individuals that don’t keep up with these growing technological trends will run the risk of remaining backward. Understanding these trends would help businesses to grow the business and be competitive. Looking forward into some of the technological trends that would shape our lives in future are:

  1. Artificial Intelligence (AI):

         AI is a part of our daily life today. Its increasing ability to learn and act intelligently understanding the human behavior will absolutely transform our lives. Many businesses have start researching on the use of AI so to improve better customer experience and streamline the business operations. And some of the big companies such as Google, Amazon and Microsoft are trend to be practicing it. There is high possibility that in near future, we will see wider adoption and a growing pool of providers and services for specific or specialized task with the use of new technology, AI. This means every company would be using AI in their business. 

Artificial Intelligence (AI)

     2. Robotic process automation:

Today’s robots are more intelligent than ever, which are learning to respond to their environment and perform task without intervention. It can be seen in some of the restaurants in used. While use of robots would relief load of many works, in future it is likely to involve humans working seamlessly with robot colleagues which can also be termed as ‘cobot’.  

     3. XR (Extended Reality):

          Extended Reality (XR) is a catch-all term that covers several new and emerging technologies being used to create more immersive digital experiences. More specifically, it refers to virtual, augmented, and mixed reality. Virtual reality (VR) provides a fully digitally immersive experience where you enter a computer-generated world using headsets that blend out the real world. VR is highly seen used in gaming industry such as Xbox, Pokemon Go-stype. Augmented reality (AR) overlays digital objects onto the real world via smartphone screens or displays (think Snapchat filters). Mixed reality (MR) is an extension of AR, that means users can interact with digital objects placed in the real world (think playing a holographic piano that you have placed into your room via an AR headset).

While these technologies have shaped in the way people watch movies, play games and many other activities these days, its expected in near future that virtual and augmented reality will become increasingly prevalent for training and simulation, as well as offering new ways to interact with customers.           

    4. The Internet of thing (IoT):

IoT is the trending technology today but there are not as many mainstream applications. It refers to the ever-growing number of smart devices and objects that are connected to internet from development of AI smartphones to its direct connectivity into laptop screens to fast and easy data transmission. Among them also includes 5G data service.  5G mobile data goes into fly giving super-fast download and upload speed shaping the way of using internet even than the wired networks running into our homes and businesses. The increased bandwidth will enable machines, robots, and autonomous vehicles to collect and transfer more data than ever, leading to advances in the area of the Internet of Things (IoT) and smart machinery.

   5. Digital Platforms:

Today everyone including me myself is reliable into various digital platforms such as Facebook, Instagramm Twitter, Khalti, Airbnb, etc. for information and performing various activities. And while technology is being much advanced, these digital platforms would be turning many established business models and convert traditional business into corporate platform- based model. It will help businesses to do marketing & promotion easily covering huge space and marketing aspects would be more digitized along with continuous innovations in these technologies.                 

technological trends in 2020

    6. Cloud and edge computing:

Rather than keeping files on a proprietary hard drive or local storage device, cloud-based storage makes it possible to save them to a remote database. In simpler, cloud competing with the access via internet has made easy store of data and open up to masses. And edge computing where data is processed on smart phones will then take this to next level.

    7. Blockchains and distributed ledgers:

Blockchain is essentially a digital ledger used to record transactions but secured due to its encryption and decentralized nature. You might be still confused about what actually blockchain is, but using it would help in proper storing of data with authentication guaranteed that could revolutionize many aspects of business. 

   8. Voice interfaces and chatbox:

Trend of using chatbox and other voice interfaces such as Cortona, Alexender, Siri, etc. is highly used for communicating these days. We are quite used to talking with machines by simply speaking or typing to get any source of information these days. Most of the business have already started using chatbox too. And it is likely to be used by businesses in future for interaction with customers via voice interfaces and chat boxes.

  1. Computer Vision and Facial Recognition:

While now machines can walk and talk, it’s obvious that machine would also be able to see. This new technology of scanning your eyes or face and visually interpret the world around them, is seemingly most amazing trend highly used these days by many industries. The facial recognition lock system found in all updated mobile phones are also highly trend and result of developed technology. Moreover, in future it would be highly applicable in almost every industry although it’s for obvious that we would see greater regulatory control over the use of facial recognition.

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