Technology is always evolving. Certain trends die out, while others gain traction when big brands invest in them or industries incorporate them into their processes. The pace of technological advancement is increasing and it’s vital that companies keep up to date with the latest trends in order to reap the benefits and not fall behind.
Artificial intelligence is among the most widely used technology trends. It is being used in a variety of business applications, such as speech and image recognition, smart assistants, navigation apps, and automation. This trend is expected to increase use in the future as advancements in programming and hardware allow it to be more easily accessible and affordable to implement.
The next technology trend to be watched is blockchains and distributed ledgers. This extremely secure method of keeping and authenticating data can revolutionize a wide range of business processes. For instance, it is being embraced by the healthcare industry for the potential to allow secure transactions.
Biotechnology is a third area that is ripe for disruption. It is powered by AI as well as automation and DNA sequencing. The possibilities include hyper-personalized therapies, gene-therapies and genetically-based advice on food and exercise. Companies must assess their bQ (biological quotient) and determine whether they should integrate these new technologies into existing R&D or collaborate with science-based start-ups.
Drones and unmanned aviation vehicles (UAV) is another trend you should be aware of. These devices allow companies to collect data and information from remote areas or those that are not accessible and cut down on downtime and costs.
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