Technology is constantly changing. Some trends fade away while others gain momentum when large companies invest in or integrate industries with them. The pace of change is awe-inspiring and it is vital for businesses to be aware of the latest technology trends to ensure they reap the benefits and not fall behind.
Artificial intelligence is a popular technology trend. It is being utilized in a broad range of business applications, such as speech and image recognition, navigation apps, smart assistants, and automation. The trend is likely to grow in the future, as hardware and software advancements make it more accessible and affordable.
Blockchains and distributed ledgers are the upcoming big tech trend. This extremely secure method for keeping and authenticating data can revolutionize a wide range of business processes. Healthcare, for example, is accepting it due to the potential for it to facilitate reliable transactions.
Biotechnology is another area that is ripe for disruption. AI automation, automation, and DNA sequencing are driving this revolution. Gene-therapies, hyperpersonalized medicines and genetically-based suggestions on exercise and food are all possible. Companies must assess their bQ, also known as the biological quotient and decide whether to integrate these new technologies into their existing R&D projects 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 information and data from remote areas or those that are not accessible and reduce downtime and cost.