Technology is now, and will forever be fast-moving and innovative. The faster that science and technology evolve has a direct impact on the acceleration of changes in business and for the public.
It is more beneficial when it comes to science and technology that we keep one eye on the future. With that in mind, the technology trends that people think will make a significant impact in 2020, and beyond, are:
Machine learning is fascinating in and of itself. The ability to build a computer that can ‘think’ or ‘learn’ has been invaluable to many industries. Machine learning is a subset of AI, however, it goes deeper than it. Machine learning is a focus on developing computer programs and giving access to data that the computer can learn for itself. Some applications we can see now and will see more of these are:
- Learning association
- Medical diagnosis
- Image processing
A system built on machine learning algorithms will have the ability to learn from historical data and past experiences to make the most accurate predictions and enabling real data-driven decision making. The machine learning market is expected to grow by $8.81 billion by 2020.
Technology Trends: IoT
The internet of things isn’t new, but it is rapidly expanding. It is expected that throughout 2020, there will be over 30 billion IoT devices. Cars, security, and home appliances are all connected to our own WiFi networks already. Consumers are reaping the benefits of this technology on a daily basis. However, more businesses are now using IoT more often and implementing it into their daily structures. Medical care, predictive maintenance, better use of data, and customer services are just a few areas that the IoT comes into its own. The trend you are likely to see is more compatible items, more connectivity, and as it progresses, more affordable products that a larger quantity of people can afford.
Engineering of functional structures at a molecular level. Huge research projects that were undertaken are likely to have an impact on the nanotechnology landscape in 2020. We will see changes and implementation in Nano-Optics, nanoplasmonics, Nanobubbles (impregnated materials which give better conduction), and new computing systems, to name but a few. Something that is eagerly anticipated is graphene and other 2D materials on a wider scale. And companies like Attonuclei taking the lead on quantum dots. And if you really love nanotechnology, then watch out for organic nanostructures and the impact of substrates on polymer growth.
The rise of bitcoin has been coming for a long time. From the moment millions saw a man, James Howells, begging to dive in a dump looking for his missing hard drive – because it has millions on it, in the form of bitcoins. And, there has been a rise in the ability for people to understand and access bitcoin too. Moving on from that, the knowledge about how to short bitcoin is the next step.
Technology Trends: VR and AR
It would be remiss to talk about what we are likely to see in 2020 and not mention virtual reality (VR) and augmented reality (VR). VR is when someone is in a simulated environment. AR, on the other hand, enhances the environment with additions. Some examples of AR is the phone app Pokemon Go.
But these two technologies are being adopted in other areas. Take VR which is integrating with sectors like commercial construction and training in the Army, Coast Guards, and U.S Navy. We are likely to see both VR and AR combined and put to use in training surgeons, museum tours, educational purposes, and enhancing the marketing abilities of global companies.
Technology trends evolve and change quickly, and we are likely to see some amazing progress and innovations in 2020.