The 21st century which is brimming with opportunity and challenge when it comes to technology. Forbes recently published a piece in which they revealed latest 2020 technology trends (and beyond.) Predictions for the technologies to watch include virtual reality, artificial intelligence and the proliferation of the internet of things.
While these technology predictions do not affect every business model today. they provide a fascinating glimpse into the possibilities which will exist for all of us in the future.
To be more accurate, these trends are all growing in popularity and we will continue to see more about them in 2020. But while some will be implemented, others are still being developed as we enter the new decade – still, they are on our radar and on the way to mass consumption. Which of these 2020 technology trends are you most excited about?
- Conversant Computers: Discussion and conversation with computers and systems will continue to increase in capability. What started as Alexa and voice command remote controls will likely only get more interactive. Chat bots and conversational interfaces are expected to become more prolific in both professional and recreational venues.
- Machine Learning: Machine learning is a form of artificial intelligence (AI) through which software applications predict likely outcomes without the supervision and input of a human being. The rapid development and extreme interest in this trend indicates that very soon, capability will be dramatically increased.
- The IOT (Internet of Things): The IOT is already a thriving market segment, representing billions of dollars in revenue. This is one of the more advanced 2020 trends, meaning that it is already here – but the possibility of the IOT transforming our work and home experience exponentially is on the horizon.
- Virtual Reality: Everyone has heard of virtual reality. Virtual reality is a three dimensional computer generated environment which can be seen, explored and interacted with. As of yet, VR has been constrained primarily to the video game, sports and entertainment world. We are looking for VR to find numerous applications in the business and health sectors, as well as the into personal lifestyle applications.
- Healthcare Data Innovations: In 2014, the World Economic Forum published a report on future technology trends and they singled out the healthcare industry as one which will greatly benefit from “big data”. Typically used for market and competitive analysis, big data will increasingly be used by healthcare researchers for prescriptive and predictive analysis – and lead to more effective cures and treatments.
- Space Exploration: What is new about space exploration? The fact that in 2020, we will continue to see advancements towards space tourism and space work trips – that is, the ability for “normal people” to visit space, whether for personal or business (research) reasons. While we don’t expect this to truly be a norm for another 30 years, look for promising progress as early as 2020
All of these technology trends have interactive promise – that is, the IOT and conversant computers will work together to solve problems. Virtual reality will come alongside AI to present opportunities for reducing travel, increasing communication, and allowing for business presentations more dynamic than we can even imagine. When the power of these technology advancements is truly realized and released, our entire world will experience new capability that will affect every area of our lives.
Today’s hot technology trends include server virtualization, cloud managed services, and the first iterations of the IOT. If you are looking to put your company on the road to innovation and competitive advantage by using the latest technology tools – call Alliance IT. We are here to integrate your systems, streamline your operations, and make the future of your small business look bright.