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Technology is not confined anymore to technology companies or dedicated to the use of IT professionals only. Usually, descriptive words like omnipotence, omniscience, and omnipresence are used when talking about Gods and at times, saints and gurus. In today’s world, it is technology that is all pervasive and all powerful. Leaders like Elon Musk are actually anxious and worried about the state the technological advancements might bring the world to, where technology could become `almighty’ and invincible. While God can use his omnipotence in a compassionate and caring manner, technology can be inconsiderate, even ruthless.
Growing anxieties notwithstanding, technology is here to stay and rule the world. Every industry, functionality and process is being brought under the influence of technology. The software is ready and set to disrupt the traditional industries and business establishments are endeavouring to keep pace and cope with the new trends as the situation represents the classic – do or die.
With the introduction of IoT (Internet of Things) personal devices, home appliances and any gadget that is of service to us can all talk to each other and exchange data. The machine to machine (M2M) device completely eliminates human assistance.
The Internet of Things will change the landscape of working, living and communicating. Industrial products, home appliances, equipment are all designed and built on secure IT infrastructure thus managing huge amounts of data. Companies are now forced to rethink what they do for business and how they do it. The single focus now is on developing and obtaining a competitive advantage in a smart, connected environment.
Augmented Reality [AR], as against Virtual Reality [VR] is now clearly understood by people as seeing digital things in and on top of the physical world. VR takes a person into the digital world, while AR brings digital information into one’s world and overlays it onto his physical environment. BBC is launching an augmented reality app that will help people explore historical artefacts from UK museums in virtual exhibitions. Thus AR presents an entertaining way to share information and has the potential to be useful across a wide range of industries. AR is poised to enter several industries including construction, hitherto one of the least digitized industries. Planners and architects can collaborate with contractors, and can also address any concerns clients may have. A property buyer gets to interact with the building and suggest changes even before ‘ground has been broken’. But the fact remains, it still could take a few years for AR to achieve its full potential.
A fascinating transformation in manufacturing, across nearly all types of products — something that can create a sustainable and personally customized environment is this development, referred to as additive manufacturing, 3D printing, or direct digital manufacturing, soon to be used to construct everything from houses to jet engines, airplanes, food, and even replacement tissues and organs made from one’s own cells. Every new day, newer applications of 3D printing are being discovered and developed all over the world.
To talk more about gadgets, smartphones have evolved at such a swift pace of technological progress that there’s seems to be no end in sight. And now smartwatches, which started out as simple fitness tracking companions have now evolved into a dependable daily device that can adequately replace our smartphones with regard to basic communication and task management. Very soon, as the second-gen products more seamlessly sync up with the prevailing digital world, one can spot a smartwatch on every individual’s wrist.
Robotics, probably the oldest known technology amongst the emerging trends, has undergone impactful changes in the last five years. So far limited to fixed locations such as factory assembly lines, the development of high-quality electric motors, and low-cost navigation systems have caused an exponential increase in the number of flying, driving, and swimming robotic systems.
The next few years is bound to be an era of industry restructuring and cost optimization. However, in all the new technologies, the safety of the human has been of top priority. As critical enablers, the emerging technologies are created with the intention of increasing the overall efficiency of routine processes by eliminating steps and reducing downtime between tasks.
The industrial revolution had changed the world years ago; developing technology trends are rapidly altering the manner in which business is conducted. At the moment organizations from all industries are running at a great place to get ahead of the curve and embrace technology in this digital world. After all, the world is now a space for the survival of the savviest!
