Top 10 Technology Trends In 2019
- Augmented Analytics: Future of Data and Analytics
Augmented Analytics automates an accurate and deep understanding of data by utilizing machine learning (an application of artificial intelligence that provides systems the ability to automatically learn and improve from experience without being explicitly programmed) and natural language (a language that has developed naturally in use, as contrasted with an artificial language or computer code) to automate data preparation and enable data sharing. This advanced use, manipulation and presentation of data simplifies data to present clear results and provides access to sophisticated tools so business users can make day-to-day decisions quickly and accurately with confidence.
- Digital Twins
Digital twin refers to a digital replica of physical assets, processes, people, places, systems and devices that can be used for various purposes. With the explosion of Internet of Things, the digital representations of real-world entities or systems, is becoming a growing trend.
Think of a digital twin as a bridge between the physical and digital world. The smart components that use sensors to gather data about real-time status, working condition or position are integrated with a physical item. The components are connected to a cloud-based system that receives and processes all the data the sensors monitor. This input is analyzed against business and other contextual data.
One of the most interesting aspects will be the implementation of digital twins of the organization (DTOs).
- Block chain
According to Don & Alex Tapscott, authors Blockchain Revolution, “The Blockchain is an incorruptible digital ledger of economic transactions that can be programmed to record not just financial transactions but virtually everything of value.”
TEDx speaker Ian Khan has quoted “As revolutionary as it sounds, Blockchain truly is a mechanism to bring everyone to the highest degree of accountability. No more missed transactions, human or machine errors, or even an exchange that was not done with the consent of the parties involved. Above anything else, the most critical area where Blockchain helps is to guarantee the validity of a transaction by recording it not only on a main register but a connected distributed system of registers, all of which are connected through a secure validation mechanism.”
- Smart Space
Combining the power of interoperability, connectivity and machine intelligence to define the future of smart home technology within commercial properties and businesses is the new technology called Smart Space.
The system has three levels:
- Smart Devices or Gadgets: Various objects with embedded computing system and sensors wirelessly interact with the network and other gadgets.
- Infrastructure: A computer program that runs on a corporate data server or in the cloud. The software receives and analyzes data generated by connected devices.
- Apps: Enterprise, web or mobile applications installed on a smart phone or personal computer to manage connected devices.
5. Edge Computing
Edge computing allows data produced by Internet of Things devices to be processed closer to where it is created instead of sending it across long routes to data centers or clouds.
Edge computing is a “mesh network of micro data centers that process or store critical data locally and push all received data to a central data center or cloud storage repository, in a footprint of less than 100 square feet,” according to research firm International Data Corporation.
- Dueling AI
If you want to make your Artificial Intelligence (AI) system smarter, would you like it to have a battle with another Artificial Intelligence system? If yes, the arena is digital images: One AI attempts to create a realistic image, and another AI attempts to decide whether the image is real or artificial. This makes AI “duel.” Any domain can be modeled by computers: voices, video or whatever you might want to work with.
Rapid and independent “self-improvement” of AIs through dueling may lead to breakthroughs in medicine, technology, transportation or other important areas of life. The tech giants like Amazon and Alibaba are already diving into research in this area.
- Robotic Process Automation
Robotic Process Automation (RPA) allows employees in a company to configure computer software or a “robot” to capture and interpret existing applications for processing a transaction, manipulating data, initiating responses and communicating with other digital systems.
Any company that uses labor on a large scale for knowledge work, Robotic Process Automation software will boost its capabilities and save money and time.
RPA provides dramatic improvements in accuracy and cycle time and increased productivity in transaction processing, elevating the nature of work by removing people from dull, repetitive tasks.
- Connected Vehicle Technology
The U.S. Department of Transportation’s (USDOT’s) is working to test and evaluate technology that will enable cars, buses, trucks, trains, roads and other infrastructure, and our smart phones and other devices to “talk” to one another. Cars on the highway would use short-range radio signals to communicate with each other so every vehicle on the road would be aware of where other nearby vehicles are. Drivers would also receive notifications and alerts of dangerous situations, connected vehicles could dramatically reduce the number of fatalities and serious injuries caused by accidents on our roads and highways.
- 5G : Your Next Big Update
5G networks are the next generation of mobile internet connectivity, offering faster speeds and more reliable connections on smartphones and other devices than ever before. With global mobile data traffic expected to grow eight times by the end of 2023, there is a need for a more efficient technology, higher data rates and spectrum utilization. New applications such as 4K/8K video streaming, virtual and augmented reality and emerging industrial use cases will also require higher bandwidth, greater capacity, security, and lower latency. Equipped with these capabilities, 5G will bring new opportunities for people, society, and businesses.
- Dark Data: Big Data’s Exploration
As per Gartner, dark data is an information asset organizations collect, process and store during regular business activities, but generally fail to use for other purposes (for example, analytics, business relationships and direct monetizing). Dark data is a subset of big data constituting the biggest portion of the total volume of big data collected by organizations in a year. Similar to dark matter in physics, dark data often comprises universe of information assets for most organizations. Organizations often retain dark data for compliance purposes only but dark data also represents a huge opportunity for companies to gain valuable insights which can drive their business. Dark analytics focuses primarily on data that has not been analyzed—with an emphasis on unstructured data, which may include things such as text messages, documents, email, video and audio files, and still images.