Best Technology Advances That Could Dominate the World in 2018.
Best Technology Advances That Could Dominate the World in 2018 – The most strategic technology trends ever could be seen in 2018. These technologies all have staying powers, with significant disruptive potentials that could dominate the entire universe. The top trends for 2018 underpin the digital platform and set the stage for business innovation. They will affect the economy and our politics, improve medicine, or influence our culture.
While we can’t really predict what the future holds, we can look at how far we’ve come with technology in merely the last decade and realize the present we know now will, very soon, find itself memorialized in nostalgia.
Machine learning, AI, predictive analytics, and other flourishing technologies are remaking the business landscape today. A brave new world is upon us, where every industry from agriculture to healthcare and commerce to advertising is innovating exponentially. The leaders and visionaries ushering in this exciting new era are the entrepreneurs behind the brilliant platforms being developed.
Best Technology Advances That Could Dominate the World in 2018
Here are the top tech mega-trends on the horizon, Techdrillers believe will define 2018 and beyond. Some are unfolding now; others will take a little while, or more to develop. But you should know about all of them right now.
The Internet of Things (IoT)
The IoT – which encompasses smart, connected products like smart phones and smart watches –is a major contributing factor in this exponential increase in data. That’s because all these smart devices are constantly gathering data, connecting to other devices and sharing that data – all without human intervention (your Fitbit synching data to your phone, for instance).
Pretty much anything can be made smart these days. Our cars are becoming increasingly connected; by 2020, a quarter of a billion cars will be hooked up to the Internet. For our homes, there are obvious smart products like TVs, and less obvious ones, like yoga mats that trackyour Downward Dog. And, of course, many of us have voice-enabled personal assistants like Alexa – another example of an IoT device.
That’s already a lot of devices, but the IoT is just getting started. IHS has predicted there’ll be 75 billion connected devices by 2020.
The Rise of Artificial Intelligence (AI)
Computers are now able to learn in much the same way as we humans do, and this leap in AI capabilities has been made possible by the massive increases in data and computing power. It’s the incredible explosion in data that has allowed AI to advance so quickly over the last couple of years; the more data an AI system has, the quicker it can learn and the more accurate it becomes.
This huge step forward in AI mean computers can now undertake more and more human tasks. In fact, it’s AI that allows computers to see (e.g. facial recognition software), read (e.g. analyzing social media messages), listen (e.g. Alexa standing by to answer your every command), speak (e.g. Alexa being able to answer you) and gauge our emotions (e.g. affective computing).
Intelligent Apps and Analytics
It’s expected that over the next few years, every application and service will be incorporating AI at some level. It’s predicted that by 2018, every major smartphone will have a dedicated AI chip. It’ll become an inseparable part of our lives and we won’t even notice it. Intelligent apps will create a new intelligent layer between people and systems for transforming the work and workplace structure. Augmented analytics will also become an important part of businesses.
Augmented Reality (AR) Goes Mainstream
Augmented reality (AR) is poised to grow exponentially among consumers next year thanks to Apple and Google’s recent push to make the technology mainstream.
Apple updated its mobile operating system, iOS, late this year, and of its most important new features is its ability to run augmented reality apps. For example, say you want to measure how wide your TV is and whether it will fit on your wall. There are apps now in the Apple App Store that will display a measuring tool on your phone’s screen and adjust the length as you move your phone, just like a tape measure.
That may not sound like a big idea, but overlaying digital information onto the real world is going to be a huge business. Markets and Markets estimates AR will be worth $61 billion by 2023.
Virtual Rreality (VR) in Handsets
While only a few members of the public have had the opportunity to try out a virtual reality headset, many manufacturers and investors think that headsets that will immerse users in digital worlds are going to be the next big thing in entertainment and communications. As Nick Wingfield reported recently for The New York Times, there are plenty of reasons to be skeptical that VR will change technology the way smartphones did, not least the high price tag of a headset and the (extra expensive) PC that some will require, the technology’s tendency to induce motion sickness, or the fact that many virtual reality fans say they haven’t experienced a must-have game or app. But as Eric Johnson reported for Re/code last year, many VR enthusiasts believe that headsets will offer compelling 3D experiences within five years, especially if the industry can find a killer app that appeals not only to gamers, but to the general consumer as well.
By some accounts, truly autonomous cars may still be a decade away, but existing self-driving cars are already beginning to drive on their own in certain situations. In the coming year, they’ll increasingly be able to follow curving roads, change lanes, safely navigate intersections, and stop and start on their own, but they’ll still require human supervision, and may continue to hand over control to a human driver when they encounter complex situations. Nevertheless, there are expected to be around 10 million cars with self-driving features on the road, by 2020, though fully autonomous cars aren’t likely to become viable until 2018 or beyond.
For the benefit of those who don’t know, a digital twin is a digital representation of a real-world entity or system. While it’s one of the most important technology trends for 2018, by 2020, it’s expected that about 21 billion connected sensors will result in the existence in billions. With this shift to an integrated digital world, marketers, healthcare professionals, and planners will get the benefit.
Cloud to the Edge
Edge computing is a topology in which information source is closer to information processing and content collection and delivery. While it could be apparent that Cloud and Edge computing are competing in approach, the reality is a lot different. If implemented together, Cloud could be used to create a service-oriented model and Edge could offer a delivery style for execution of disconnected parts of a cloud service.
Blockchain is another groundbreaking and innovative technology that has taken the technology and business world by storm and things aren’t going to change in 2018. With a clear understanding of the opportunities and limitations of blockchain, an organization can make sure that its teams understand what is and isn’t possible. Also, it’s advisable to execute caution while dealing with blockchain and its applications as the legality of blockchain and bitcoin applications remains suspicious in many parts of the world, including India, China and Russia.
The Importance Of CRM Software
It is always easier to market your products to your existing customer base, but the results can be unpredictable. In 2018, marketing professionals can expect to use customer relationship management (CRM) software in new ways to help increase the chances of selling to an existing client. For example, many CRM platforms offer plug-ins that will search social media for a customer’s product tendencies and preferences.
Techdrillers Verdict: There’s no crystal ball to peer into, but it’s likely that some of the big technology ideas making headlines at the end of this year are likely to become some of the biggest tech trends in 2018.
If you’re considering investing in any of the tech trends above, just remember that the usual investment rules apply. Look for a leader in the space that’s outpacing the competition with solid financials, and hold the stock for the long haul.
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Source: Techzafo Limited