These 10 trends have the potential to transform our world for the better.
Intelligent ecosystem
1. Universal computing
These days, we can find computers everywhere: in our cars, on our wrists, in our household appliances, and even in our pockets.
We swiftly adapted to computers and other technology becoming:
- Smaller
- Lighter
- Cheaper
- More powerful
- More commonplace as processing power improved
- And computer microchip size decreased
Looking ahead, computers will likely represent the next significant advance in computing power. These machines are so quick and potent that they could be utilized to finish new, previously unachievable jobs that conventional computers can't do.
2. Intelligent ecosystem
The environments around us will increasingly be capable of monitoring what's happening and taking appropriate action, from networked, smart factories and offices to entire smart cities.
You have probably heard of the Internet of Things (IoT). This describes the rising number of intelligent, connected, and items that are able to collect and transfer data.
In terms of tools and goods, although that is undoubtedly a crucial factor for companies, but also in terms of the places where we live and work.
3. The digitalisation of our world
The IoT and ubiquitous computing both make significant contributions to the daily generation of vast amounts of data. But in addition to this artificially generated data, we humans are also producing enormous amounts of data as a result of our daily activities, and this is not slowing down.
The good news is that firms can utilize this data to build better goods and services, boost decision-making, and even develop new streams of revenue. However, organizations also need to be aware of the dangers that come with data, particularly those related to data privacy and security.
4. Artificial intelligence - (AI)
The massive amount of data being produced is a key enabler for AI, which has advanced dramatically in recent years, especially in the area of "conversational AI."
- AI enabled smart speakers to respond to 100 billion voice commands in 2020 alone, which is a 75 percent increase over 2019.
The lesson for businesses is that as machine interactions become more sophisticated, people will demand that all kinds of goods and services include AI functionality.
5. Extended Reality - (XR)
The word "XR" serves as a catch-all for the full range of immersive technologies, like:
- Virtual reality
- Augmented reality
Mixed reality
XR was first best known for immersive gaming, but it is now being employed in a variety of businesses to provide more immersive, customised experiences for both customers and employees.
We will be seeing the world more and more in this hazy zone between the physical and digital worlds, and XR will further hasten this change. Therefore, businesses need to start thinking about how they will adapt to this and provide immersive experiences for both their clients and staff.
6. Trust in the digital realm
Digital trust: refers to users' confidence in businesses to establish a secure digital environment where interactions and transactions may be: quickly, safely, and securely.
Blockchain and other distributed ledger technologies, will be essential for boosting online trust and protecting communications. Despite this, there is still a long way to go before all types of businesses can fully take advantage of the technology. A number of businesses working together with the countless innovative thinkers and doers who are significantly advancing the blockchain industry may find the solution.
7. 3D printing
Almost anything can now be used to create 3D objects, such as:
- Plastic
- Metal
- Powder
- Concrete
- Liquid
- Even houses can now be 3D printed
This could revolutionise the manufacturing industry. In short, 3D printing allows producers to:
- Generate items that are difficult to manufacture using conventional techniques
- Simplify the production process
- Produce highly customised goods (including unique products)
all while reducing waste and costs
8. Genetic manipulation and bioengineering
While tiny DNA alterations can be made using gene-editing techniques, synthetic biology can involve joining many lengthy strands of DNA and putting them within an organism. The organism may behave differently or acquire whole new skills as a result
What does any of this have to do with business? Gene editing and synthetic biology will fundamentally change how we generate goods. It is simple to see how disruptive these technologies could be when you consider innovative new items like cultured beef.
9. Nanotechnology and materials science
We have already made some amazing advancements thanks to materials science, which studies and manipulates materials, and nanotechnology, which studies and manipulates matter on an atomic and molecular level. Examples include:
- Tiny computer chips
- Smartphone displays
- Lithium-ion batteries
- Stain-resistant fabrics
Looking ahead, this trend may lead to significant advancements in:
- Solar energy affordability
- Electric vehicle battery technology
- Other areas that will improve the planet
10. Innovative energy solutions
Nuclear fusion is often portrayed as a promising and eco-friendly source of energy that could be virtually limitless, but there is a hitch - it consumes more energy to maintain a fusion reaction than it generates. However, recent advancements in magnet technology could finally make a nuclear fusion reactor capable of providing a positive power output by 2035.
Green hydrogen represents another exciting, carbon-free energy alternative. Unlike the traditional "grey hydrogen," it is produced by splitting water into hydrogen and oxygen without any harmful byproducts, via electrolysis. In the past, this process was so power-hungry that green hydrogen was essentially unrealistic. But the rise of renewable energy sources could alter this scenario. For instance, as surplus renewable energy becomes available on the grid, it could, in theory, be harnessed to power the electrolysis of water.
The main takeaway from all of these trends is that we are entering a period of rapid and continuous evolution, during which a number of tech trends will merge and build upon one another to bring about significant changes. This means that for enterprises, the era of gradual technological advancements is over. The future is one of constant change.
10 Technological Trends That Will Revolutionise Our World