The Covid-19 pandemic accelerated digitization and automation, allowing companies to remain resilient even in adversity.
Many businesses adopted disruptive technologies and modified their business models.
Artificial Intelligence (AI) :
Artificial Intelligence has made a lot of hype over the last decade. Still, it remains one of the leading emerging technology developments because its significant impacts on how we live, work, and play are still in their inception.
AI is now well-known for its presence in image and speech recognition, ride-sharing apps, mobile personal assistants, navigation apps, and various other applications.
Besides that, Artificial Intelligence is to investigate interactions to discover previously undetected connections and assess facility demand in real-time to allocate resources and identify dynamic patterns among consumers.
Machine Learning, a subset of AI, is used in a wide range of industries, resulting in a surge in the market for skilled workers.
Edge computing:
Edge computing is a new technology that ensures low latency and high-speed data processing. Cloud platforms’ high bandwidth costs can act as a motivator for edge computing adoption. Edge computing allows computations to be carried out closer to data storage systems, improving application performance.
The technology aims to run fewer processes in the cloud and transfer them to places like the user’s computer or an edge server.
Bridging the gap between data and computation eliminates long-distance communication between the server and the client, resulting in increased process speed.
Therefore, edge computing used to handle time-sensitive data stored in remote areas with minimal access to the central location. Cloud computing and IoT applications would benefit from the technology.
Blockchain:
Blockchain is another recent mainstream technology trend. Many people believe that Blockchain is just about Cryptocurrency, which is not the case.
Bitcoin and other Cryptocurrencies are just a part of Blockchain technology as a whole. Apart from Cryptocurrencies, it uses various other fields such as healthcare, supply chain and logistics, advertising, etc.
It’s a decentralized digital ledger that keeps track of any transaction through a global network of computers.
Various businesses are searching for Blockchain platforms to build top-level business strategies, driving up the market for blockchain technology.
Blockchain’s amount of protection and transparency is the primary explanation for its tremendous rise in popularity.
Cybersecurity:
Cybersecurity does not seem to be cutting-edge technology, but it progresses at the same rate as other technologies. This is partly due to the constant emergence of new threats.
Malicious hackers attempting to gain unauthorized access to data would not give up quickly, and they will continue to find ways to avoid even the most stringent protection measures.
It’s partly due to the adoption of modern technologies to improve defense.
Since Cybersecurity will extend to guard against hackers as long as we have them, Cybersecurity will remain a popular technology.
Human augmentation:
Human augmentation is a broad term that encompasses innovations that seek to improve human abilities and productivity.
Physical augmentation, such as prosthetics, AR lenses, and RFID tags infused inside humans, are all part of the field of human augmentation.
This can aid in the enhancement of human cognition, perception, and action abilities. This is accomplish by sensing and actuation technology, information fusion and fission, and artificial intelligence.
