The world is ever changing thanks to the ever evolving technology that is at the Centre of these changes. The recent years have seen a steady growth in technological advancements. New technologies are coming up while those that existed before are being improved.
Most of the future technologies are information driven while the work place is also experiencing a paradigm shift as more jobs are being automated through machine.
In the ancient world wealth was in land, so whoever had a large pieces of land was considered wealthy. The industrial revolution ushered in a new kind of wealth and ownership through industries and factories. But today, wealth is in Information, so whoever has the latest information or the latest technology in information sector is wealthy. This has made it possible for so many people to become super millionaires.
As the world advances, we take a look at some of the technologies that are at the centre of shaping up the future world. These are the technologies of the future to watch.
AI as a Service (AIaaS)
Artificial Intelligence as a Service (AIaaS) is the third party offering of artificial intelligence (AI) outsourcing. This helps people and companies get AI services without investing in AI thus helps them avoid spending too much.
With wider adaption of AI in various industries a number of companies have impressed the use of AI as a service. This is going to be a big game changer in the Artificial Intelligent sector. Some of the companies at the fore front in providing AI based solutions include; Google,Apple,Amazon and Microsoft
Cyber security is another sector to be watched. As hackers strive to beat the security systems of various key institutions such as banking and companies data, we are seeing a growth in investment in the cyber security world. Most institutions are investing heavily in cyber security to keep hackers at bay. Companies such as IBM,Hackerone,Avast and Blackberry are at the forefront in this.
Hyper-automation deals with the application of advanced technologies, such as including artificial intelligence (AI) and machine learning (ML), to increasingly automate processes and augment humans. Hyper-automation extends across a range of tools that can be automated, but also refers to the sophistication of the automation i.e., discover, analyse, design, automate, measure, monitor, reassess.
The model is aimed at transforming businesses and digital enterprises that are to remain competive. Some of the benefits of Hyper automation include:
- Consistent products and services
- More efficient products and services
- Fewer errors in the supply chain
- More effective use of data throughout the business
DevOps is the combination of cultural philosophies, practices, and tools that increases an organization’s ability to deliver applications and services at high velocity using AI: evolving and improving products at a faster pace than organizations using traditional software development and infrastructure management processes. This speed enables organizations to better serve their customers and compete more effectively in the market.
Under a DevOps model, development and operations teams are no longer “siloed.” Sometimes, these two teams are merged into a single team where the engineers work across the entire application lifecycle, from development and test to deployment to operations, and develop a range of skills not limited to a single function.
Companies such as Amazon ,Nasa and Netfix have adapted this model and it is growing rapidly
Internet Of Things-IoT
The Internet of things (IoT) is a system of interrelated computing devices, mechanical and digital machines provided with unique identifiers (UIDs) and the ability to transfer data over a network without requiring human-to-human or human-to-computer interaction.
The IoT integrates the interconnectedness of human culture with the interconnectedness of our digital information system – ‘the internet.’
Tech analyst company IDC predicts that in total there will be 41.6 billion connected IoT devices by 2025
3D printing or additive manufacturing is a process of making three dimensional solid objects from a digital file.
With 3D printing you can print anything ranging from small object like cap to mega structure like building. The technology is set to revolutionize sectors such as medicine, architecture, Consumer products, fossils reconstruction, Construction, movie props among others. Some of the companies at advanced stage in the use of 3D printing are; Buggati,BMW and ADIDAS.
DARQ is an acronym of Distributed Ledger, Artificial Intelligence, Extended Reality and Quantum Computing. The technology uses the combination of the four to deliver high quality services. Studies show that 9 out of 10 industries are practicing the technology.
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- Big Data
Big data is a field that treats ways to analyze, systematically extract information from, or otherwise deal with data sets that are too large or complex to be dealt with by traditional data-processing application software. This technology aims to change the game across industries.
Some of the leading companies in Big Data include; Netfilx, Amazon and Adope.
5G is the best thing that ever happened in the technology world. With the ever rising number of gadgets and internet usage, Internet speed is Key. 5G is here to offer bolt internet speed that is reliable. 5G technology offers upto 20Gb/s download speed and upto 10Gb/s upload speed.
This makes 5G 40 times faster than the current 4G lite speed. Some of the companies at the forefront in building 5G technology include; Huawei, Samsung, Itel among others.
Cognitive Cloud Computing
Cognitive computing is the use of computerized models to simulate the human thought process in complex situations where the answers may be ambiguous and uncertain. Cognitive computing overlaps with AI and involves many of the same underlying technologies to power cognitive applications, including expert systems, neural networks, robotics and virtual reality. By doing so the technology helps in understand complex data.
Companies at the forefront in cognitive cloud computing include; IBM, Amazon, Google and Microsoft.