Technology is always evolving. Some trends fade away while others gain momentum when large companies invest in or companies integrate them. The pace of technological advancement is accelerating and it’s important that companies keep current with the latest trends in order to gain the benefits and not get left behind.
Artificial intelligence is a hot technology trend. It is used in a myriad of applications for business, including voice and image recognition, smart assistants and navigation apps. This trend is expected to increase uptake in the future as hardware and programming improvements make it more widely accessible and affordable to implement.
Blockchains and distributed ledgers are the upcoming big technology trend. This highly secure method of keeping and Authenticating data could revolutionize many business processes. The healthcare industry is one example. Healthcare companies are accepting it due to the potential for it to facilitate reliable transactions.
Biotechnology is another area that is ripe for disruption. It is being driven by AI automated systems, automation and DNA sequencing. Genetic therapies, hyperpersonalized medicine, and genetically-based advice on nutrition and exercise are all possible. Companies should evaluate their bQ or biological quotient and determine whether they should incorporate these new technologies into existing R&D or partner with start-ups based on science.
Drones and UAVs that are unmanned (UAV) are also a major trend to be aware of. These devices allow companies to collect data and information from remote locations or areas that are not accessible and can help cut down on costs and downtime.