Top Technology Trends That Will Rule 2020, Are You Ready?

Confidence in the future and learning from history is the passkey to success. Since the inception humans are engaged concerning comprehending the future. Future of themselves or the industry they work for? this curiosity does not even create awareness but also a competitive market. Above all these shares the market's future movement. Thus the forecast of the future is fascinating. Prediction with evidence furnishes a stabler foundation to serve ourselves to extract the highest profit out of it. The equivalent fits technology trends as well. New Age Technologies is driving the wheels of every industry - Banking, Healthcare, Education, Automobiles, Chemical and Metallurgy, Tourism, Food & Beverages, Sports & Shoes Industry and so on. We stand under the 4th Industrial Revolution. The solitary mantra is to be quick, agile and secure yourself market-relevant amidst technology acceptance.

As an analytics evangelist and technology futurist I am sharing the top technology trends everyone necessitates to prepare and get equipped for in 2020.

1- Computer Vision:

Definition

Computer vision implies a division of artificial intelligence that assists machines to recognize images similar to humans. 

Approach

Molding machines proficient in interpreting the visual environment nearby us. The way a human mind senses and response by glancing at the objects around us stairs, table, tree, clothes, people, train, animal and so on. 

Process

Actualizing sub-division of pictures into pixels, parsing per pixel and equating it with a corpus of images and categorize them. 

The way DeepMask and SharpMask framework/modules that facebook has created and worked on, the time have come to understand the technology and move towards implementation

Application

Autonomous Driving, Defence, Space to name a few

2 - Shift from Organizations Branding to Individual Self Branding

Definition

Gone are the days when people get impressed by the organization you work for. Though organization branding will be there, the exponential jump is expected on individual branding as well. In the past couple of years, individual branding has taken a new height with awareness, alertness, up to date knowledge and the correct use of channels. This field is going to get multi-fold. New players with their way of thinking will enter the market of branding.

Approach

Creating digital content, videos, self-defined promotional methodology and understanding the seriousness of brand value with social awareness/ cause

Process

First of all gain knowledge, create and publish your understanding of any topic, observe the acceptance, measure the next move accordingly. 

Application

Linkedin, Facebook, Twitter are not restricted to mere connections and networks. Nowadays people are using for the correct purpose by self-branding and in turn network is automatically growing 

3 - Artificial Intelligence Services

Definition

AI is a branch of machine learning when the machine learning algorithms are used to make a machine which develops a kind of self-decision making capability and intelligence then it enters the Artificial Intelligence domain. This is a very fascinating field since its inception.

Now coming to AI services, since small organizations could not spend on R&D the bigger organizations are providing AI services that are AI as a Service. The game-changer step as it increases wider acceptability among the users.

Approach and Process

Get associated with Amazon, Microsoft, Facebook and use the AI services provided. Companies like Amazon, Microsoft, and Google have deeply invested in integrating and promoting artificial intelligence capabilities.

Application

Heightening the Customer Experience, the advantages and correctness decisions by AI possess assigned the companies to leverage the aforementioned technology for achieving more immeasurable user actions. Amidst an objective to accommodate the consumer including a hassle-free experience – Amazon launched a high-tech cashier-less retail shop named AMAZON GO.

4 - Extended Reality

Definition

Retrieve the reality-virtuality continuum concept by Paul Milgram. Extended reality (XR) that combines augmented reality (AR), and virtual reality (VR) including augmented virtuality (AV) along with human interaction 

Approach and Process

Creating an experience so that human can interact with AR, VR, and AV (real-and-virtual combined environments) with the help of computer technology and wearables

Application

A virtual Rollercoaster ride, Augmented Reality Show - you enter the real world scene with Mickey Mouse and Dancing together. Oculus, Mind Heap is working to provide better AR experiences.

5 - Personalized AI-Driven Healthcare

Definition

The methodology of creating health monitoring devices for elderly and health-conscious people is termed as personalized AI-driven healthcare. The present situation (that is till Oct'2019) around the world is that in most of the countries significant population falls above 60 years of age, thus biometric driven AI health care is required for a good cause to help the society. This is going to be multifold as well with more acceptance and reachability.

Approach and Process

Voice-based virtual assistants before-mentioned as Amazon Echo, Orbita Health is utilizing Artificial Intelligence to facilitate medication and care directions for the aging people. Next step to create voice-based virtual assistants as nurses for specific patients. 

Application

Amazon Echo, Smartwatch, gadgets to count steps you walk, calories you burn, allergic to food, monitoring and providing aging care.

6 - Blockchain

Definition

It is "an open, distributed ledger that can record transactions between two parties efficiently and provably and invariably". To exercise essentially a distributed ledger, a blockchain acts typically controlled through a peer-to-peer network collectively adhering toward an obligation concerning inter-node interaction and certifying new blocks.

Approach and Process

A blockchain signifies an expanding inventory of records, called blocks. These blocks remain connected applying cryptography technology. Every block comprises a cryptographic jumble that is hash about the former block, including the timestamp, and transaction data.

When a transaction is performed - who initiated and when the transaction happened ? and receipt by all the authorizers/ observers should be in sync.

Hard to crack the security, very expensive and complex that requires a tremendous (and costly) amount of time and effort for coordination, synchronization, messaging

Applications

The cryptocurrency market, Bitcoin, Etherum, etc

7 - 5G Network

Definition

It is the fifth generation network, that is more power to upload and download data along with high-speed communication. With IoT moving towards Everything where not even the smart devices are connected with the internet, now with EVERYTHING non-smart things that are your shoes, clothes, paperback book, water bottle, trees, wine bottle, along with smart devices like smartphones to smart homes to smart automobiles. Thus Internet of Things has stepped up and now it is "Everything" which needs a high-speed data download and upload, transmission which is the key to have a 5G network.

Approach and Process

First step is connecting smart devices with internet IoT. Second step is connecting non-smart things like clothes, papers, wine glass, pizza box, shoes, trees and so on through RFID. Third and final is combining smart and non-smart things to connect EVERYTHING available on earth which human use in day to day life. Upgrading the communication to 5G to have trillions of things getting connected and communicate without any problem

Applications

Autonomous Cars, AR, VR with AI and so on, the list is endless.

3 D printing and Holograms are considerably on the account. Further with higher exposure to technology and access to use systems, these may likewise fit in as a part of our life. Samsung may incorporate "hologram" in the next release of its new phone. Similarly, Banking with Alexa or Siri may enhance our day to day life. I will try to cover each topic individually in my forthcoming articles, till then stay tuned and happy learning. 

? Copyright 2019 Vivek Dubey. All Rights Reserved.

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