The top six technological trends of 2020 that will define the future include the Internet of Things, virtual reality, machine learning, e-commerce technologies, metal 3D printing, and cognitive technologies.
|The report identified the following six technological trends that will redefine the future|
Top Six Technological Trends That Will Define the Future - Must Learn in 2020
Latest Technology Trends
If you're following news about trends in exciting new technologies like artificial intelligence, you're probably aware that emerging technologies change the way we work and interact with others.
In fact, with technologies such as machine learning and trading that enables you to shop as you sit in your home and become increasingly popular in both the banking and healthcare industry.
The new technology will revolutionize the way we do our business and make advanced technology an integral part of our life. So we decided to find out how these trends work to reshape the human space and the challenges it poses.
Top 6 Future Technology Trends in 2020
Here are the top six technological trends you need to know, because of their great future impact on the world we live in.
Internet of Things (IoT)
Internet of Things (IoT) is one of the biggest technological trends that have emerged in recent years.
Internet of Things, simply known as IoT, is the process of making all the technological devices connected to the Internet and with each other in an attempt to create a perfect marriage between the physical and digital worlds.
For example, for those who work in marketing, advertising, media or business management, IoT can provide a wealth of information on how consumers interact with products by tracking their interactions with the digital devices they own.
Conversely, this data can be used to improve marketing campaigns and user experiences.
The really great thing about IoT is that it not only changes the way we work but also the business models we use to do this.
For example, flexible consumption models (also known as pay-per-use models) have become increasingly common in all industries with General Data Protection Regulation (GDPR), Customer Data Infrastructure (CDI) or Customer Relationship Management (CRM).
Read more: Real World Applications of the Internet of Things - What is the Future of IoT Technology?
Virtual Reality (VR)
Remember to watch movies about virtual reality and think about how good it would be if it was in reality?
Well, it's about to happen. Although virtual reality has existed since the 1950s, technology has not been able to provide a digital experience of immersing itself completely, but users have been eager.
VR technology is about to change with modern improvements to both hardware and programming and as a result of these developments, almost all industries and areas will be affected from retail to education.
Virtual reality has been a common feature of video games for several years, and this trend continues to expand.
In addition to video games, virtual reality is likely to affect companies in all areas as they adopt technology to help them attract customers more effectively and improve their sales and marketing efforts.
Virtual reality is also a potentially useful tool for learning and is increasingly adopted by educational institutions.
Machine Learning (ML)
Machine learning is one of the most important emerging and interesting technologies in the world, which is basically the ability of the computer to learn on its own by analyzing data and tracking repetitive patterns.
For example, social media platforms use machine learning to gain a better understanding of how you relate to those publications on your social network.
Social media platforms do this by admiring, sharing, and commenting, and then prioritizing the content from the nearest contacts, and delivering them first.
Machine learning affects the industries and shapes your daily interactions with friends on social networks.
Machine learning also changes the way companies deal with customers.
Google is using machine learning on mobile devices that can track learning even when they are not connected to the Internet.
Machine learning redefines how entrepreneurs interact with their customers in a large way by helping them anticipate and meet their needs more easily.
E-commerce technologies - Let Your Fingers Do the Shopping
Shop any product at the tip of your fingers
The ability to buy anything you want with a finger touch may seem like a fantasy a few years ago, but it's now a reality.
Integrated touchscreen technology with one-click shopping - e-commerce technologies for touch-enabled consumers can be used to easily purchase products from their phones.
In this process, you have to order the product and link the payment information to a public and secure account that enables these features to spread strongly.
Customers can buy everything from clothes to furniture using only their fingers.
According to Deloitte, this is one of the biggest things affecting the e-commerce revolution in recent years.
It is expected that the purchase rates will increase by 150% this year - in 2019, and retailers in almost all areas expect an increase in sales directly associated with this new technology.
Metal 3D Printing
Among the modern technology trends, three-dimensional (3D) printing has been around for decades, but it has been largely in the realm of amateurs and designers who produce prototypes.
Metal 3D Printing occupies a unique position in the development of modern-day products. This technology is also known as Selective Laser Melting (SLM) and Direct Metal Laser Sintering (DMLS).
3D printing technology facilitates tools for traditional manufacturing techniques, combines the flexibility of 3D printing design with the mechanical properties of metals and allows direct manufacturing of complex end-use parts, reducing costs and lead time.
Printing things with anything other than plastic - in particular, the metal - was expensive, slow and very difficult. However, now it has become cheap and easy enough to be a viable process method for manufacturing spare parts.
If adopted widely, so that the way we produce many products can be changed.
In the short term, manufacturers will not need to keep large stocks of spare parts; they can simply print the pieces as they need, such as an alternative part of an old car, to meet customers' wishes.
Read more: What is 3D Printing and How It Works -Advantages and Disadvantages of 3D Printing Technology
Cognitive technologies are the products of artificial intelligence technologies.
Cognitive technology can perform many complex tasks that humans could not do easily and there was no other choice to do so except humans.
Examples of cognitive technologies include machine learning, speech recognition, computer vision, natural language processing, and robotics.
These technologies are able to automate and improve many of the functions previously performed on a human basis, including certain aspects of accounting and analysis and even search on the Internet.
Although cognitive technologies have a wide range of applications, we expect that the industry sector most affected by this trend will initially be a software sector with 95% of software companies and all companies will eventually adopt these technologies by 2020.
With emerging technologies that change professional industries including banking, e-commerce, healthcare, and education, and keeping up with the latest technology trends that will give you a better understanding of the industry you have chosen and make you a candidate to be more competitive.
Best of all, this knowledge may open up new doors in your field and other areas that we do not yet know.
But staying informed about technological advances leads to the industrial and environmental developments and shows the difference between the losers and the winners of the next wave of technology.
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