Technology
has affected our economy and our lives by increasing the speed of time. We find
technology to change our lives to be the best. Now technology has changed our
lives completely because technological innovation provides a more efficient and
cheaper way to make existing goods.
Technological
developments have done so many amazing discoveries with better facilities, and
better luxury and various highly-developed gadgets, which are connected to the Internet has changed the way we communicate, use humor, study, work, shop,
play, and behave.
The
future is always a pleasant place and with increasingly rapid technological
trends - the concept of universal digital transformation seems to soon become a
reality. Strong business leaders in this field including Google, Amazon,
Facebook and Apple have courageously exploited emerging technology trends such
as AI and BIG DATA to improve user experience. If you have followed the news
about emerging technology - then you will realize the speed of technology
without stopping and its impact on consumer expectations at a faster rate.
Technology
has completely revolutionized the way we do business and leads forward in
various industries ranging from banking to healthcare and e-commerce. Most of
the emerging technological trends are difficult to understand and transient
while some trends have managed to swing quickly and are integrated into
business organizations. Below is a list of five new technology trends that will
become the main stream in 2020:
1. The Internet of Things
Now
IoT is becoming a topic of growing interest both at work and outside. It makes
our daily lives easier, it is a concept that it has not only the potential to
influence the way we live but also how we work today and influence our lives
facilitates better connectivity and dynamic functionality, and it is possible
through global networks to the internet. Internet-of-thing devices integrate
data from different devices and apply analytics to share the most beneficial
information with applications built to meet specific needs and this powerful
IoT platform can determine exactly what information is useful and what can be
ignored by secure.
IoT
is an ecosystem of physical objects - equipment, tools, vehicles, devices, and
many others that exchange data over the internet without human interaction.
IoT
can help organizations reduce costs through increased process efficiency, asset
utilization, and increased productivity. And increasing tracking of devices
using sensors and connectivity, they can take advantage of real-time insights
and analytics, which enable them to make smarter decisions. The evolution and
convergence of data, processes and other things on the internet will make such
connections relevant and important, creating more opportunities for people,
industry, and business.
2. Cryptocurrency
Cryptocurrency is a
digital currency built to act as a token of exchange. The transactions are
verified through sophisticated encrypted cryptography to keep secure the whole
process. Cryptocurrency has already revolutionized the financial industry and
there are millions of coins present in the market today. Bitcoin, Ethereum,
Litecoin, Ripple, and Lumen are some of the widely used digital coins.
Many companies are coming
forward and receiving cryptocurrency as a form of payment, there is no doubt
that this technology will still exist. Market researchers have estimated that
cryptocurrency will grow substantially in market size over the next few years.
3.
Blockchain
The
Blockchain is a 21st-century revolutionary technology. Blockchain can be
described as a data structure that stores transactional records and while
ensuring security, transparency, and decentralization. This is a technology
that allows users to share the latest information, basically a decentralized
database hosted by millions of computers simultaneously, whose data is easily
accessible to anyone present on the internet. Because of its distributed
structure, there is no single version of the information available for hackers
to commit corruption and this technology is adopted by many industries such as
banking, non-profit organizations, financial institutions, and even
governments.
With
the help of blockchain, many people can write entries into information records,
and the user community can control how information records are changed. Based
on the Blockchain on the two words the term Blockchain consists of blocks and
chains made from them, it is the technology that underlies the strength of
Bitcoin. Bitcoin is nothing but a form of digital currency (cryptocurrency)
which can be used as a substitute for fiat money to be traded. And the
underlying technology behind the success of cryptocurrency is called the
Blockchain.
4. Artificial Intelligence
Artificial intelligence is a machine that is
designed and programmed in such a way that they act and think like humans, it
is a unique technology in computer science, this describes the use of
human-level intelligence and accuracy for machines. This technology is based on
the development or manufacture of intelligent machines that can simplify human
tasks easily. Some activities in computers with artificial intelligence are
designed to include: Speech recognition, Learning. Artificial intelligence is a
reflection of the process of human intelligence by machines, especially
computer systems. Artificial Intelligence, or AI, is the ability of computers
to act like humans, the process includes recognition of speech, learning
(acquisition of information and rules for using information), reasoning (using
rules to achieve definite or definite conclusions) and self-correction all
possible through AI.
Artificial intelligence applications can analyze
data automatically and produce information that identifies the main behavior
patterns of application users. The AI application has the intellectual
ability to produce meaningful results without the help of ant humans.
5. Automation
With
technologies such as big data, cloud computing, robots, and artificial intelligence
that is undergoing large-scale development - automation is at its peak. The
majority of software consulting companies ranging from manufacturing to banking
and software companies comprehensively apply automation to drive productivity, profitability, safety, and quality.
Digital
Future:
The
possibilities and benefits offered by these five technology trends seem
unlimited. Most experts believe that utilizing this highly sophisticated technological trend in society and our workforce will definitely make our lives
better. The pace of technological innovation in any organization will create
great opportunities to grow and provide the right service at the right time.
Conclusion:
The
fact is, it is important for us to learn and understand technology. This is a
part of everyday life for everyone to use a computer or cellphone. This is
needed in most situations, especially when they are older and have jobs.
However, the use of technology must not be excessive. Extreme use of technology
in adolescents can cause all kinds of problems; social and physical. It is
important for teens to understand that yes, technology is an extraordinary
thing; but at the same time, it shouldn't be used all the time. They shouldn't
depend too much on it. Teenagers need to learn that sometimes, technology is
not the right answer for a situation.
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