Your Tech Spearheads for today’s Business World
Technology is bringing changes in almost every aspect of our modern lives as everything is depended on it. In this new era, we shall experience technological advancements like never seen before, there shall even arise self-driving cars and artificially intelligent doctors to replace the traditional ones. Some deliveries will even be carried out by drones. This is the kind of new era we are heading into.
To be a leader in the digital revolution, one does not need to be a computer scientist or software engineer. What is more important is the ability that they have to match technological solutions with the current problems that the business is experiencing in ways that are innovative and will help the business get out of the dilemma. But this requires them to have a good understanding of these forces and the mechanics that drive these trends and revolutions. Here is an overview of technological revolutions and trends that may shape the year 2018.
Data is growing at an increasing rate and it’s everywhere
As we live in this generation, we create an unprecedented amount of data from various platforms, social media, and digital footprint.
Every second there are millions of people who search for something on Google, half a million people post on twitter and 900000 people hit Facebook.
The speed at which this is happening is lightning speed. This is causing the amount of data to double itself after every two years, and this growth provides more opportunities, that is a big data.
The value that this kind of data brings means that the industry and non-commercially driven enthusiastic individuals have grown around this big data. Some few years ago, the giant companies would be the only ones having the resources and the expertise to make use of data on this large scale. The need for the big spending of infrastructure has reduced as it is being offered as a service. This has enabled to be the existing trends in today’s world.
A smart world with smart things
In the olden days, only computers could connect to the internet, some few advanced phones also could connect but they were not as excellent and fast as the computers. Today you can buy so many smart devices like thermostats, cars, light bulbs, watches and many more others that are connected to the internet. Industries are now creating more devices that can communicate with each other and require less or no human input for them to carry out the tasks more efficiently. This new trend is known as internet of things, this is because it is no longer just an internet of phones and computers alone but there are now many more other devices.
There are forecasts by Intel that by the year 2020, there will be more than 200 billion devices that will be connected to the internet.
The data that will be obtained from these devices will be of great help in making better decisions in life like monitoring our health and exercise with Fitbit. Opportunities are still out there for those who are able to develop services and products that will be based on these data.
The field of cognitive thinking will have our attention as these revolve around kinds of machines that are able to think in a similar way as the humans do and especially when it comes to the process of learning. But computers have a greater advantage as they learn at a very fast rate when they are taught. They also have greater accuracy compared to human ability, this makes them become more knowledgeable and able to match problems with their solutions.
In today’s world, artificial intelligence has been generalized or specialized. The specialized artificial intelligence has been designed to adapt to any kind of task and handle it. They make use of computer vision to help the machines to recognize or see objects and classify them, or use a natural human language to make communication with humans.
The amount of information that the machines are able to access is what causes us to think of them as intelligent, though artificial intelligence thought to be a daunting prospect. It’s now a viable option for all types of organizations regardless of their size due to as a service option.
The virtual encrypted currency of bitcoin has made some early adopters of the currency stinking rich and offered a leap in the information and security. A blockchain is simply a digital file that is in blocks of information and is linked to each other as chained to be secured so using cryptography private key that ensures that only those people with the permission can edit the data entitled to them.
Blockchain has the ability to change the foundations of the economic system and anyone that is to make the technology of blockchain fit in our today’s world would be in great demand this era.
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