How Data Will Change Your World

The world in 5- 10 years time, we will see another leap forward in growth, in all touchpoint. As technology continues to improve, evolve and quantum physics becomes a reality. Data will be the key component for pulling all things together. It starts small, and this will be a way of life, the bigger companies like Google, Microsoft, Yahoo...etc. Before jumping into warp speed, what the lower hanging fruits of what to expect in the next decade or so. 

By 2026, US$1,000 should buy you a computer able to calculate at 10^16 cycles per second (10,000 trillion cycles per second), which is the equivalent processing speed of the human brain. However, the human being still rules as we are govern by morality, common sense...etc. Things that, well machines are not ready to replicate, not yet anyways. 

The Internet of Everything describes the networked connections between devices, people, processes and data. By 2026, the IoE will exceed 100 billion connected devices, each with a dozen or more sensors collecting data. This will lead to a trillion-sensor economy driving a data revolution beyond our imagination. Cisco's recent report estimates the IoE will generate $19 trillion of newly created value.

When working in China back in the 90's the brands I worked with was already thinking of the day where even home appliances are connected, power management, and connectivity industry will see another boost and growth in this sector as they seek to build the next BIG THING connecting the world together. Imagine the efficiency and cost saved with exact power management. 

VR - the virtual world is the beginning of bridging experiences, a massive data collection point that pulls and dissect information at a trillion byte per second, able to bring reality to you virtually. Think of the amount data required to translate sight and sound to the virtual world, as we will attempt to make it more real than ever before. 

The healthcare industry will either greatly benefit from this or face elimination as new business models emerge with better care. The healthcare industry by 2026 will be around $3.95 trillion, imagine with proper data, the elimination of inefficiencies in the system, it will be the great clean up. With technology advancements even with today's standards, think beyond measuring just heartbeats from a smartphone, but smart products that will be able to tell if you are sick, just by looking at the camera, saving you a trip to the doctors(it is available today but accuracy of measurement needs to improve), get approved medicines from the scan of your finger or retina. With VR for example, a top surgeon can operate on a VIP at the comfort of his home country's hospital VR operation theatre with robotic surgeons on the other end. Improvement in the medical field will be tremendous, stamping out the majority of illness that plague us today. Cancer can be eradicated, better health for all and these are things that are possible in the next 10 years. 

So why is data so important? Because the upside and convenience will be incredible, saves money and most importantly it solves life's greatest mystery, it saves time. Time is something that cannot be bought(unless you have the Tardas or have Doc Brown's DeLorean), it can be however lengthen and you can earn back time from leaving the chores to your machines.

Coming back in time to today, in 2016, you can pick up your phone or tablet and order groceries online and have it delivered to your doorsteps within one hour. It saves you at least 2-3 hours of travelling, selection, queueing and traveling back home, that's "time" that can be fully utilized. Imagine with finer details from data, what it will mean to the customers in future is better efficiencies. And it all starts with the food you put into your internal combustion engine called the stomach to burn "fuel". By eating healthy, you live better, you live longer and you enjoy happier time. 

It all starts with Data.....it has to, the basic building blocks. 

Sources of information was pulled from here: https://goo.gl/s4vOqR