We live in a tech-driven world where our day to day activities like reading news, commuting to work, social interaction, etc.are influenced by all kinds of technologies. In fact, technology is not simply growing at a steady rate, it’s accelerating.
In the past few years, we have seen monumental achievements in all kinds of industries on the back of new-age technologies like machine learning, cloud computing, etc. However, talking about 2018 in particular,the following are the top 5 tech trends to watch for:
1. Big Data and Analytics
Data is becoming more and more important with each passing day thanks to the prevalence of smartphones and the Internet. To be more precise, in every single minute:
- 527,760 photos are shared on Snapchat
- Netflix users stream 69,444 hours’ worth of videos
- 103,447,520 spam emails are sent
- 2,657,700 GB internet data is used by the US citizens
These stats and many more can be seen in the infographic Data Never Sleeps 5.0. However, the essence of all this is that since the data generation rate is growing exponentially, there is a huge potential for the businesses… and they know it.
Tech Giants including Google, Facebook are already using Big Data analytics to learn about user behavior and optimize the digital ad placement accordingly. However, now new-age startups like Kristalytics, Zansys technologies, are also emerging on the blogosphere to offer affordable but powerful analytics services to the SMEs to improve their marketing campaigns and as well as their products/services.
2. Artificial Intelligence
When the world first saw Sophia, the first robot citizen walking on the face of the earth, there were mixed reactions. As she announced her citizenship status in Riyadh, Saudi Arabia, the world looked at her with awe. Some were spellbound by the android that appearedso powerful and intelligent by today’s standards, while others were uncomfortable with the very idea of granting citizenship to someone non-human.
At any rate, artificial intelligence is becoming more and more powerful with each passing day, and we are sure to find it in new areas of our lives including healthcare (robot surgeons), education (advanced and well-calculated curriculums), and even personal life (AI assistants that monitor your vitals, calendar for events, etc.).
The reason why AI is finding so many applications today is that it has matured a lot. For instance, Tailor Brands is a unique AI-powered logo design toolkit that allows startups to create perfect and professional company logos in a matter of minutes. The program simply takes their inputs including their industry category and design preferencesand filters through hundreds of thousands of design combinations to offer just the few that fit the bill. The user can then select the one they like the most and after making a few minor changes (if needed), they can simply download the file and use it for their websites, blogs, etc.
Even the tech giants are using AI extensively. For instance, you will find it in Amazon’s Alexa that uses Natural Language Processing (NLP) to understand and process a user’s voice commands, Spotify that uses AI to greatly improve its user recommendation algorithms, etc.
3. Virtual Currencies and Blockchain
The popularity of cryptocurrencies like Bitcoin is so high that even someone who isn’t from tech or finance industry knows about it today. In fact, over the past few years, a great number of investors have jumped on the Bitcoin bandwagon and poured money liberallyonly to make massive ROI.
The reason why virtual currencies are so popular is the blockchain technology that’s essentially the foundation of the entire system. It’s a decentralized system in which there is no central bank, no government organization to monitor or regulate the currency. Thus, the power lies with the users/investors only, and that’s a big deal.
It’s not just the investors, financial institutions and governments across the globe are realizing the potential of blockchain as they understand they can use it to make big-ticket purchases such as real estate, commodities, etc. more secure and safe. In fact, a number of top banks have invested in blockchain to use it for live trade tracking, credit-default swaps, etc. including Barclays, JP Morgan, State Street, etc.
4. Software as a Service (SaaS)
SaaS model has been a boon for the startup industry. Now, even SMEs in the remotest corners of the world with shoestring budgets can actually do some serious business online and aren’t held back due to the lack of enterprise-level software thatwere once accessible to onlythe top players in the market.
Today, there is a slew of bookkeeping, payroll management, supply chain management, and productivity tools for professionals on the Internet that the startups can invest into on a subscription basis without having to worry about creating an IT infrastructure and maintenance costs. It’s a perfect marriage of convenience and affordability, which is why it’s easily one of the top tech trends to watch for this year.
5. Process Automation
Automation is one of the most popular buzzwords in the tech industry today, and for a good reason. After all, it’s what that makes mundane and time-consuming business tasks easy to manage and process, eliminates human error, and helps get more accurate results.
As the name suggests, automation is a technology which can be anything – AI, machine learning, or even any type of standard software programming, that “automates” processes like invoice payment reminders, payroll management, social media content publishing, etc.
Automation allows a business to give a big push to the overall productivity and cut costs by shrinking the staff to handle just the core business operations. It was one of the most-talked-about technologies in 2017, and there is no reason it won’t be in 2018 as well.
So many new and innovative tech-based products are launched on a daily basis, that it can be challenging to keep track of them all. However, it’s a good thing, as it means that our future holds limitless possibilities and a better tomorrow. Let’s see that 2018 brings us!
Your Business Needs These 13 Digital Security Solutions – Here’s How To Get The Most Out Of Each
How would you characterize your organization’s digital security posture? If you’re not sure how to answer this question, or perhaps would prefer not to answer it at all, you’re not alone. Countless decision-makers, from uber-competent CTOs and CISOs to CEOs and COOs who couldn’t code…
Louisiana And Oklahoma Introduce Digital Identification To Prevent Fake ID Use
Digital ID in Louisiana Utilizing digital IDs has been a commonly broached topic for a while now. Although most states are only either deliberating their helpfulness or in the utmost initial stages, Louisiana has moved forward. The primary introduction of this technology was done back…
ScanGuard Review – Here is What You Should Know
Doesn’t it sound good and satisfying to have a goop-performing antivirus that is reliable enough? Yes, it is. For that reason, you need to be extra careful when you are in search of a good antivirus. Put all the necessary factors into consideration so that…
The Emerging Need for Social Media Security
By the time you’ve finished reading this sentence, nearly 700 passwords have been stolen from social media accounts across the world. Social media security breaches have the potential to cause up to $6 trillion in cybercrime damages by 2021, up from $3 billion in costs…
Which New Lorex Security Camera Is Right for Your Home?
Keeping your family and your possessions safe requires a proactive approach, and one way to protect what you care about is with a security camera system. Lorex Technology is well known for their security camera solutions, and their two newest products will change the way…
- 3D Printing
- App Dev
- Artificial Intelligence
- Arts and Entertainment
- Big Data
- Blockchain Tech
- Business Technology
- Car Technology
- Cloud Computing
- Cloud Storage
- Computer and Technology
- Conference Calling
- Coupons and Deals
- Cyber Security
- Dark Left 1
- Data Center
- Data Recovery
- Digital Arena
- Digital Marketing
- Edu Tech
- Email Marketing
- Google Glass
- Guides and Tutorials
- Health and Fitness
- Home Improvement
- Home Security
- Internet and Businesses Online
- Internet Marketing
- IT Careers
- Mobile Apps
- Mobile Security
- New Tech
- Online Shopping
- Project Management
- Reference and Education
- Reputation Management
- Sales & Marketing
- Shopping and Product reviews
- Small Business
- Social Media
- Tech Trends
- Technical Support
- Technology in Education
- Tips & Tricks
- Tips And Tricks
- Video Conferencing
- Virtual Reality
- Wearable Technology
- Web Design
- Web Development
- Web Hosting
GoPro Studio SUBSTITUTE — Try VideoProc to easily edit GoPro 4K videos
It’s a downright understatement to say that GoPro has changed the way we capture video content. If you’d to handle equipment big enough to fill a room for capturing quality content back in the old days, you can do the same using a simple-enough carriage…
Customer Credit: Great For Them But A Headache For You
In most B2B industries, trade credit is common practice. Customers come in expecting a certain amount of credit extended to them along with a healthy number of days before an invoice must be paid. Trying to buck that trend can mean missing out on growth….
Non-Negotiable Elements For Your Business IT Security Plan
In 2019, having a business IT security plan is more important than ever. An IT security plan is the first line of defense you have for protecting your business – and your clients – against cybercriminals. Cybercriminals include hackers, who frequently obtain personal information with…
Businesses Need To Be Proactive When It Comes To Cyber Security
For business of any size, making sure they are not only compliant with security regulations but continually improving and adjusting the measures they have in place is vital. Quite often the factor which determines how a business approaches cyber security is the mindset of the…
How To Become A Cyber Security Analyst
What is Cyber Security? Cyber security is the practice of protecting a system or network from digital attacks. These attacks are generally aimed to retrieve or destroy sensitive information and it is a serious threat to all the organizations. Who is A Cyber Security Analyst…