The technological impact today is extremely important in building a better future.
Kocha Technologies Inc
Helping Startups and Enterprises build and launch products using Blockchain, AI, Metaverse, and IoT
Technology today is evolving to a point where it dominates every industry, business, and forefront of digital acceleration. As AI, Blockchain and AR are taking the center stage to really define the technological curve between innovation and creation, the world is taking a bigger leap towards a more promising future.
Today, almost 40% of the world's population has access to the internet. 90% of the world's data was generated within the past two years alone. In 1984, only 8% of US households owned a personal computer which has grown to 5 billion people aggregate globally, that own a mobile device. We are not just connected to technology but are living in support of it.
From automating the simplest of tasks to redefining the core processes of operation that allow most businesses to functionally adapt to daily deliverables; technology is at the foundation of all positive changes. This is why technology becomes not just a need but a necessary improvement for a better future.
We’re already witnessing how emerging technologies have changed everything from the way we communicated to how we work. This already indicates that the future is only about getting more innovative and digitally equipped. This will create a great industrial push, and the working dynamics of all organizations will have to change to stay relevant.
While the future of work is still debatable, we're sure that machines will replace a lot of the manually done tasks, and organizations will automate themselves to meet the new consumer demands.
An elevated increase in innovations, technologies, and a consumer-centric demand focus will only lead to a more digitized future. Innovation is the only constant; there’s no other alternative.?
The technological impact today is extremely important in building a better future.
Technology at the helm of all its functionalities can provide empowerment, knowledge, awareness, access, and community. As new innovations are developed, it allows us to work towards a more sophisticated, simple yet efficient way of living a calculated but effortless life. This means that as the evolution changes with the technological advancements, it is collectively also merging with our lives, our daily living, and our functionalities. In fact, to accelerate it to a better output.
Digital transformation impact is on full throttle, and the age of digitization is here.
Over the last few years technologies in the digital space have accelerated rapidly and innovation has encouraged industries to revamp- to meet consumer needs. It has revolutionized every aspect of industrial growth- reaching around 50% of the developing world's population in only two decades and transforming societies. By enhancing connectivity, financial inclusion, access to trade, and public services, technology can be a great equalizer.
Blockchain, AI, and AR/VR are changing the digital game altogether… Not just an innovation but a chain reaction towards more stabilized, aware, reliable and efficient technologies.
While most people immediately link Blockchain to cryptocurrency; its uses far outweigh any of those functionalities. Especially in the future of digital transformation, Blockchain technology is going to play an active or vital role in industrial automation and digitization of economic and technological processes.
As B2B and B2C businesses are increasingly shifting to a digital market today, Blockchain has the potential to pivot the market changes towards a more stabilized flow by creating trust and security for consumers, customers, trade, and business partners in the anonymous world of cross-border digital connectivity.
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Emerging technologies, such as industrial robots, artificial intelligence, and machine learning, are advancing at a rapid pace. These developments can improve the speed, quality, and cost of goods and services, but they also displace large numbers of workers.
The 4 Main Areas of Digital Transformation
Some technologies that will have the greatest future impact and businesses can leverage these for futuristic acceleration and revenue growth:
It is estimated that by 2022, more than a few innovative businesses built on Blockchain technology will be worth $10 billion. By 2026, the business value added by blockchain will grow to just over $360 billion, then by 2030 grow to more than $3.1 trillion.
AI allows businesses to develop robust strategies, such as data transformation, after getting real-time input from market intelligence. In short, it enables you to get rid of piece-meal tactics, such as updating the disjointed system and processes
How will technology change the future?
?What is the estimated technological impact of this digital change? Is our future going to drastically evolve and how?
Digital transformation is an integral part of the long-term development and success of an organization. It helps keep up with emerging customer demands and therefore survive in the face of the future. It also helps organizations be better prepared for an economic environment that is constantly changing in response to technological evolution.
Digital transformation is essential to business verticals. It fundamentally changes how you operate and deliver value to customers. It's also a cultural change that requires organizations to continually challenge the status quo, experiment, and get comfortable with failure.
Get in touch with us to know how Kocha Technologies as your technology partners can develop your product ideas. shorturl.at/bciyM