Technology Trends to Watch

Technology Trends to Watch

Technology is always evolving. Certain trends fade away while others gain momentum when major brands invest in them or industries incorporate them into their processes. The pace of technological development is increasing and it’s vital for companies to keep current with the latest trends to benefit and not fall behind.

Artificial intelligence is a well-known technology trend. It is being used in about his a broad range of business applications, such as speech and image recognition, smart assistants, navigation apps and automation. This trend is expected to increase uptake in the future as improvements in hardware and programming allow it to be more easily accessible and affordable to implement.

The next technology trend to keep an eye on is blockchains as well as distributed ledgers. This extremely secure method of storing and Authenticating data could change the way businesses conduct business. The healthcare industry, for example, is embracing it because of the potential for it to facilitate reliable transactions.

Biotechnology is a third area that is in the midst of disruption. It is being driven by AI as well as automation and DNA sequencing. The possibilities include hyper-personalized therapies, gene-therapies and genetically-based guidance for food and exercise. Companies must assess their bQ (biological quotient) and decide whether they want to incorporate these new technologies into existing R&D or partner with start-ups based on science.

Drones and unmanned aircraft vehicles (UAV) is another trend that you should be aware of. These devices enable businesses to gather data and information in remote locations or areas that are not accessible and reduce downtime and cost.

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