We are amidst the 4th Industrial Revolution, and technology is evolving faster
than ever. Companies and individuals that don't keep up with some of the major
tech trends run the risk of being left behind. Understanding the key trends
will allow people and businesses to prepare and grasp the opportunities. As a
business and technology futurist, it is my job to look ahead and identify the
most important trends. In this article, I share with you the seven most
imminent trends everyone should get ready for in 2020.
The 7 Biggest Technology Trends In 2020
Everyone Must Get Ready For Now
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AI-as-a-service
Artificial
Intelligence (AI) is one of the most transformative tech evolutions of our
times. As I highlighted in my book 'Artificial Intelligence in Practice', most
companies have started to explore how they can use AI to improve the customer
experience and to streamline their business operations. This will continue in
2020, and while people will increasingly become used to working alongside AIs,
designing and deploying our own AI-based systems will remain an expensive
proposition for most businesses.
For this reason, much
of the AI applications will continue to be done through providers of
as-a-service platforms, which allow us to simply feed in our own data and pay
for the algorithms or compute resources as we use them.
Currently, these
platforms, provided by the likes of Amazon, Google, and Microsoft, tend to be
somewhat broad in scope, with (often expensive) custom-engineering required to
apply them to the specific tasks an organization may require. During 2020, we
will see wider adoption and a growing pool of providers that are likely to
start offering more tailored applications and services for specific or
specialized tasks. This will mean no company will have any excuses left not to
use AI.
5G data networks
The 5th generation of
mobile internet connectivity is going to give us super-fast download and upload
speeds as well as more stable connections. While 5G mobile data networks became
available for the first time in 2019, they were mostly still expensive and
limited to functioning in confined areas or major cities. 2020 is likely to be
the year when 5G really starts to fly, with more affordable data plans as well
as greatly improved coverage, meaning that everyone can join in the fun.
PROMOTED
Super-fast data
networks will not only give us the ability to stream movies and music at higher
quality when we’re on the move. The greatly increased speeds mean that mobile
networks will become more usable even than the wired networks running into our
homes and businesses. Companies must consider the business implications of
having super-fast and stable internet access anywhere. The increased bandwidth
will enable machines, robots, and autonomous vehicles to collect and transfer
more data than ever, leading to advances in the area of the Internet of Things (IoT) and smart machinery.
Autonomous Driving
While we still aren’t
at the stage where we can expect to routinely travel in, or even see,
autonomous vehicles in 2020, they will undoubtedly continue to generate a
significant amount of excitement.
It won’t just be cars,
of course – trucking and shipping are becoming more autonomous, and
breakthroughs in this space are likely to continue to hit the headlines
throughout 2020.
With the maturing of
autonomous driving technology, we will also increasingly hear about the
measures that will be taken by regulators, legislators, and authorities.
Changes to laws, existing infrastructure, and social attitudes are all likely
to be required before autonomous driving becomes a practical reality for most
of us. During 2020, it's likely we will start to see the debate around
autonomous driving spread outside of the tech world, as more and more people
come round to the idea that the question is not "if," but
"when," it will become a reality.
Personalized and
predictive medicine
Technology is
currently transforming healthcare at an unprecedented rate. Our ability to
capture data from wearable devices such as smartwatches will give us the
ability to increasingly predict and treat health issues in people even before
they experience any symptoms.
When it comes to
treatment, we will see much more personalized approaches. This is also referred
to as precision medicine which allows doctors to more precisely prescribe
medicines and apply treatments, thanks to a data-driven understanding of how
effective they are likely to be for a specific patient.
Although not a new
idea, thanks to recent breakthroughs in technology, especially in the fields of
genomics and AI, it is giving us a greater understanding of how different
people’s bodies are better or worse equipped to fight off specific diseases, as
well as how they are likely to react to different types of medication or
treatment.
Throughout 2020 we
will see new applications of predictive healthcare and the introduction of more
personalized and effective treatments to ensure better outcomes for individual
patients.
Computer Vision
In computer terms,
“vision” involves systems that are able to identify items, places, objects or
people from visual images – those collected by a camera or sensor. It’s this
technology that allows your smartphone camera to recognize which part of the
image it's capturing is a face, and powers technology such as Google Image
Search.
As we move through
2020, we’re going to see computer vision equipped tools and technology rolled
out for an ever-increasing number of uses. It’s fundamental to the way
autonomous cars will “see” and navigate their way around danger. Production
lines will employ computer vision cameras to watch for defective products or
equipment failures, and security cameras will be able to alert us to anything
out of the ordinary, without requiring 24/7 monitoring.
Computer vision is
also enabling face recognition, which we will hear a lot about in 2020. We have
already seen how useful the technology is in controlling access to our
smartphones in the case of Apple's FaceID and how Dubai airport uses it to
provide a smoother customer journey. However, as the use cases will grow in
2020, we will also have more debates about limiting the use of this technology
because of its potential to erode privacy and enable 'Big Brother'-like state
control.
Extended Reality
Extended Reality (XR)
is a catch-all term that covers several new and emerging technologies being
used to create more immersive digital experiences. More specifically, it refers
to virtual, augmented, and mixed reality. Virtual reality (VR) provides a fully
digitally immersive experience where you enter a computer-generated world using
headsets that blend out the real world. Augmented reality (AR) overlays digital
objects onto the real world via smartphone screens or displays (think Snapchat
filters). Mixed reality (MR) is an extension of AR, that means users can
interact with digital objects placed in the real world (think playing a
holographic piano that you have placed into your room via an AR headset).
These technologies
have been around for a few years now but have largely been confined to the
world of entertainment – with Oculus Rift and Vive headsets providing the current
state-of-the-art in videogames, and smartphone features such as camera filters
and Pokemon Go-style games providing the most visible examples of AR.
From 2020 expect all
of that to change, as businesses get to grips with the wealth of exciting
possibilities offered by both current forms of XR. Virtual and augmented
reality will become increasingly prevalent for training and simulation, as well
as offering new ways to interact with customers.
Blockchain Technology
Blockchain is a
technology trend that I have covered extensively this year, and yet you’re
still likely to get blank looks if you mention it in non-tech-savvy company.
2020 could finally be the year when that changes, though. Blockchain is
essentially a digital ledger used to record transactions but secured due to its
encrypted and decentralized nature. During 2019 some commentators began to
argue that the technology was over-hyped and perhaps not as useful as first
thought. However, continued investment by the likes of FedEx, IBM, Walmart and
Mastercard during 2019 is likely to start to show real-world results, and if
they manage to prove its case, could quickly lead to an increase in adoption by
smaller players.
And if things are
going to plan, 2020 will also see the launch of Facebook's own blockchain-based
crypto currently Libra, which is going to create quite a stir.
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