Technology has influenced the lives of everyone in the world. It is constantly changing the way we think, work, and even communicate with others. It is evolving at a swift pace, enabling progress in a lot of different fields. Many new and innovative technologies greatly impact how every area will be working in the future. Because of this, it is important to keep up with the new up and coming technology trends. Here are a few that you should know about.
Artificial intelligence, or AI, has been generating quite a buzz in the last few years but has significantly influenced how we work and live. It is known for its superiority in speech and image recognition, smartphone personal assistants, ride-sharing apps, and even navigation apps. Its predicted uses are quite crucial in the field of health and business. It will be used to help predict specific demands for services such as in hospitals and to detect the patterns of customer behavior by analysis of data in real-time. The AI market is predicted to grow up to a $190 billion industry by the year 2025.
Even though 3D printing has been around for quite a while, its popularity has surged in recent years. This was quite costly in its early years, but it has become relatively cost-effective and more accessible with new improvements. Techniques such as direct metal laser sintering use “spherical niobium powder” for this and are one of the most popular techniques used in 3D printing. This dramatically impacts various industries such as medicine, education, and even prototype and manufacturing.
Cloud computing is a thing of the past. Major players such as Google Cloud and Amazon Web Services are already dominating the market in cloud computing. The new trend to look out for is edge computing. It is designed to help solve problems of data organization that can’t be handled by cloud computing. It is used to process time-sensitive data in remote locations with no or limited connectivity to a centralized location. It can act like mini datacenters. This market is expected to reach a whopping $6.72 billion.
Virtual reality and Augmented reality
Virtual reality helps immerse the user in a specific computer-generated environment, while augmented reality enhances the already existing environment of the individual. Even though this technology has been used primarily in the gaming industry, it is slowly being applied in other necessary fields. It is also being used for training the US Army, Navy, and Coast Guard ship captains. It also has various benefits in the field of psychotherapy. Virtual reality has been proven to help with anxiety, post-traumatic stress disorder, and depression. It has a lot of potential in entertainment, education, marketing, medicine, and training.
Technology is shaping the world around us today. It goes without saying that using conventional methods won’t provide you the same status in today’s business world. So, it is important to stay up-to-date with new technology trends to understand how they can impact the industry we work in.