Leaders in the business world know that they must be prepared for emerging technologies in the coming years. But staying abreast of the latest technology, not to mention knowing their intricacies and forecasting their future changes–is an enormous task.
These are CompTIA’s choices along with a brief overview of each technology as well as possibilities for business use.
Artificial Intelligence
The holy grail of artificial intelligence research is general AI. Which is a system that is self-aware and has the same level of intelligence as a human. The theoretical systems could be our equivalents in intellectual capacity until v2.0 falls and we drop to a distant third.
In the meantime, we are left with narrow AI which are systems that are able to perform specific tasks. This may sound like a lot of work however, narrow AI is already a driving force behind systems such as SPAM filters Google Maps, and virtual assistants, such as Siri. Its applications are expected to expand further.
Max Tegmark, the physicist, and machine-learning researcher said to “Big Think” during the course of an interview: “What we’re seeing now is that machine intelligence is spreading out a little bit from those narrow peaks and getting a bit broader.”
Chatbots and logistics, self-driving vehicles virtual nursing assistants tutors, and textbooks. That personalized, and even artificial intelligence: are just a few examples of the possibilities. That AI will enhance or reveal in the next few years.
5G and the Internet of Things
5G might not sound to be a lot of fun. There’s already 4G. What’s the next G? However, the speed will become exponential. 5G networks could end up being a hundred times more efficient than the 4G network networks, which will allow numerous devices to connect, reducing latency to virtually zero and offering better quality signals.
The wireless technology will be the basis of technology known as the internet of things (IoT). That will increase the capabilities that the web can provide beyond computer systems and over many different objects as well as processes and environments. IoT is the foundational technology behind such futuristic scenarios as smart cities, robotic-driven agriculture, and self-driving roads.
For companies, this two-way combination will keep up with trending trends, and propel them up to the next level. Remote offices will become more reliable with the 5G model and real-time information sharing, for instance, live events or desktop recordings can be done in a seamless manner. In the case of IoT technology, it can help eliminate the intermediate steps that slow down productivity. Why should someone take their time collecting data from factories when the factory floor is able to gather, curate, and transmit it to the factory floor?
Serverless Computing
It’s not really “serverless.” Sans tapping into the darkest of techniques, it’s difficult to offer computing resources that don’t require a physical device. This technology instead allocates these resources more effectively. If an application isn’t running the resources are not allocated. If they are needed the computing power automatically scales.
Technological advancement means that businesses do not have to fret about bandwidth or infrastructure. And this in turn offers the golden ticket to convenience as well as cost reductions.
According to Eric Knorr, editor in chief of International Data Group Enterprise, writes: “One of the advantages of this model is that you pay by the cloud service companies provider only when a service is in use. There is no need to cover idle capacity, or even consider capacity. In essence, the runtime is in a state of limbo and waits for an event after which the appropriate function is added to the runtime and executed. This allows you to build an extensive, complex application without having to pay anything until the execution happens.”
Biometrics
Biometrics lets a system recognize users using biological markers like their face, fingerprints, or voice. A lot of people have one or more of these on their laptops or smartphones, but as technology develops and becomes more widespread it will eventually bring an end to the traditional password system.
Because of this, biometrics can provide the security needed for sensitive information. A fingerprint is more secure with pure computational power than passwords The difficulty of hacking increases by a significant amount whenever multiple biometrics markers are employed together.
Augmented/Virtual Reality
With hardware costs dropping and processing power increases. Well-known players like Google and Facebook joining the fray the day of virtual reality could be here. The growing acceptance of augmented reality applications on smartphones could make this technology more accessible to the masses going forward.
The newly announced Microsoft Mesh and its competitors are hoping to take advantage of our current remote-work age. The idea combines the two “mixed-reality” technologies to create virtual spaces for shared work which business teams can utilize to host meetings or work on projects.
and Peter Diamandis, president, and chief executive officer of XPRIZE Foundation. Imagine this technology will revolutionize the customer experience at the store. For instance, customers could try on clothes with an avatar, or even take a seat in an amphitheater prior to making a purchase.
Blockchain
It’s possible to be surprised to learn that Bitcoin, the much-hyped cryptocurrency was not on the cut. However, the online ledger of the technology known as the blockchain has replaced digital currency as the most sought-after business asset.
In contrast to traditional records that are centralized the blockchain system is decentralized. The records are not stored in a single place however, it is stored on multiple nodes throughout the system. This arrangement makes it hard to lose data or interfere with them.
As tech business entrepreneur Elad Gil stated to the Big Thinkin in an interview: “[Blockchain] systems are censorship proof or seizure-resistant. Also, it is impossible for the government to enter and seize your property even if you’re in a nation that has very poor governance. This means that no third party could completely erase your data. Or cannot hack into a third-party to access your information (although evidently, you could hack into the Blockchain).”
And the possibilities for use are remarkable. Blockchain can be used by hospitals to share and store health information. Blockchain could be used to secure an electronic voting service. It can track the supply chain across different countries. Of course, there are many ways to use cybersecurity.
Robotics
First industrial robotics hit the time in the year 1962. The technological advancements have gradually increased the workforce of robotics since then, and in the next few years, robots will continue to move between factories and First Street to perform rudimentary tasks such as cleaning or delivery.
This has helped keep these Ludditefires going for over 100 years. And the biggest challenge for business leaders is convincing their employees that robots aren’t coming to take over their jobs. Actually, as increasing numbers of people enter more soft-skilled jobs that are human-centric and jobs that require human-centric skills, they’ll probably discover that the change is a positive one.
“Introducing robots in an office environment can be an extremely complex and dynamic process. Although it could begin with employees feeling that their jobs are under threat The end result is a workplace filled with healthier, happier human beings who are the mainstay of a business that competes,” writes Melonee Wise Fetch Robotics’ CEO. Fetch Robotics, for the World Economic Forum.
Natural Language Processing
Natural processing of languages is a field of AI which aims at developing systems that analyze and interpret human languages. Does it sound simple? If it does, it’s due to the fact that you’re trying to read these sentences with an innate mind that has been infused by evolution with the ability to speak.
Algorithms don’t have it so easy. They struggle to understand the myriad of gestures, symbols noises, and cultural cues used to convey the meaning of our ideas and concepts.
“There’s an obvious flaw in the application of deep learning in the language. Words are just symbols and, as such, they differ from images. Two words may be identical in terms of meaning but contain entirely different letters, for example; and the same word could be used to mean different things in various contexts,” write Will Knight for MIT Technology Review.
When the algorithms are able to crack language, the business instances will be huge. Imagine chatbots, editors in virtual market analysis and rapid translation of chats, resume editors, and auto-attendants for phones that don’t send all callers to rage.
Quantum Computing
Quantum computing is “the exploitation of collective properties of quantum states, such as superposition and entanglement, to perform computation.” This means that it solves problems more quickly and with greater accuracy–in certain cases. It can be beyond the capabilities of modern supercomputers.
While we shouldn’t anticipate the quantum PC anytime very soon. We can expect quantum computers to be the basis of the new technologies mentioned above. They are already in use and IBM has made plans to develop the first 1,000 qubit quantum computer by 2023, which physical scientist Jay Gambetta told Science will be an ” inflection point.”
The adoption of this technology can help manage large data. It can cut down on the time to develop complex and costly software by using fast simulations and help solve multivariable optimization challenges easily. In addition, it could allow for the resolution of difficult problems, for example, those that arise by natural language.
Quantum computing also highlights the importance of ensuring that your organizational leaders do not develop blind spots. Focusing on one new technology or one concept of the future could put your company’s health at risk. It’s not a matter of what technology will prevail however, it’s about the possibilities every Digital Marketing Service offers and how they could collaborate.
“The innovation that will be delivered by these technologies. Especially as I said when they’re leveraged in tandem. That will be staggering over the next few years and will enable customer solutions. That will actually have a paradigm-shifting impact for those that act on them.” Mike Haines chairman of the Executive Council of Emerging Technology Communities’ committee spoke in his CompTIA Biz Tech podcast.
