Bengaluru, NFAPost: We take a look at the top five emerging tech trends as the global trend in disruptive technologies has taken a dynamic shift in recent years.
The new-age disruptive technologies like the Internet of Things (IoT), 5G, Artificial Intelligence (AI), Augmented and Mixed Reality, and Quantum Computing is transforming business and IT firms in a significant way.
The biggest opportunities to drive innovation, creativity, productivity, and success will live at the heart of these five emerging tech trends.
Emerging Tech Trends – IoT
Among the emerging tech trends, IoT is at the hub of business changes which dynamically controls the ability to reduce production costs, boost sales and also enhance the marketing capabilities of the company.
Importance of IoT
Frank Raimondi, a member of the CompTIA Emerging Technology Community leadership group had this to say in a recent press release:
“IoT may mean many things to many people, but it can clearly mean incremental or new business to a channel partner if they start adding relevant IoT solutions with their existing and new customers. More importantly, they don’t have to start over from scratch.”
Emerging Tech Trends – 5G
5G or the fifth-generation wireless network technology is also among disruptive and emerging tech trends that’s driving the digital economy to new heights. The dawn of 5G era caters to the new-age demands like always-on and always-connected while fulfilling various business needs with up to 100X better data bandwidth, 10X longer battery life, 100X faster data throughput, and 10X better reliability.
Power of 5G
In essence, 5G delivers speed, reliability, and efficiency in one cool package, which clearly surpasses the current 4G standard. This is accomplished with the use of AI-enabled software, high-frequency spectrum, and small cell antennas.
Applications of 5G
5G finds its use in IoT from smart homes to smart cities and beyond. Next-gen self-driving cars and banking domains are likely to benefit with improved and more secure apps that will be driven by 5G’s faster speeds, lower latency and massive data-processing power.
Emerging Tech Trends – Augmented and Mixed Reality
Augmented Reality (AR) and Mixed Reality (MR) is also on the list of emerging tech trends which will help connect the physical and digital worlds seamlessly. The AR world encompasses or augments the physical or real world with digital information. In contrast, the MR fuses the real and virtual worlds to enable the user to have seamless interactions between them.
Applications of Augmented & Mixed Reality
With the advent of 5G, AR and MR technologies can be scaled up to the enterprise level. Some of their potential applications can be seen in Consumer & Retail (like simulated wardrobe or makeup screen), and Financial Services (like next-gen data visualisations with business analytics).
Emerging Tech Trends – Intelligent Augmentation or Artificial Intelligence (AI)
Intelligent Augmentation is the ability to enhance the human capability to work faster and smarter with the help of artificially-intelligent programs and tools. Its real-life applications include Voice Assisted Navigating Systems, Personal Voice Assistants, Content Marketing (with automated content creation tools), and Augmented Real-World Jobs (machines and humans work cohesively as a team).
Applications of Intelligent Augmentation or AI
Deep Learning and Artificial Neural Networks are the latest advancements in AI which could exponentially enhance the machine learning capabilities of intelligent software and tools. As part of the emerging tech trends, such software can intelligently learn from the human brain and develop into pervasive intelligence with continuous learning and adaptability.
Emerging Tech Trends – Quantum Computing
Quantum Computing obliterates the limitations of binary computing with today’s computers. Instead of just using either 0s or 1s, quantum computers use quantum bits or qubits wherein 1s and 0s are superposed as a new combination. This will enable qubits to deliver exponentially higher computing power than binary bits.
Applications of Quantum Computing
Some of the potential applications of Quantum Computing can be seen in medical research such as speeding up Drug Discovery, development of new drugs and personalized medication.
Quantum Computing can also help revolutionize financial services in various ways such as optimizing portfolios, boosting trade algorithms, avoiding fraud and managing risk.
