Business executives understand the need to prepare for technology disruptions in the coming years. However, it is a daunting task to keep up with emerging technologies, much alone grasping their intricacies and anticipating developments.
The CompTIA Emerging Technology Community publishes an annual list of the top eight emerging technologies to assist companies in finding their footing. What distinguishes this ranking is its emphasis on “which new technologies have the most potential for near-term corporate impact.”
You will find thousands of Tech Reviews on the emerging technology of the world. CompTIA’s recommendations are included below, along with a brief description of each technology and potential commercial applications.
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5G and The Internet
5G may not appear to be particularly fascinating. What is more, G when we already have 4G? The difference, though, will be exponential. 5G networks might eventually be 100 times faster than 4G networks, allowing many more devices to connect, lowering latency to almost nothing, and offering more consistent signals.
This wireless technology will serve as the foundation for the internet of things (IoT), which will extend the internet’s capabilities beyond computers and into a wide range of items, processes, and surroundings. The Internet of Things (IoT) is the foundational technology enabling futuristic scenarios such as smart cities, robot-driven agriculture, and self-driving highway systems.
For businesses, this one-two punch will keep current trends going and propel them to the next level. Under the 5G paradigm, remote offices become more reliable, and real-time data exchange of live events or desktop images becomes frictionless. On the other hand, it aids in the elimination of intermediate stages that stifle production. Why should someone spend time gathering data from the manufacturing floor when they can collect, curate, and provide it to them?
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Biometrics
Biometrics enables a system to identify people based on biological indicators such as their face, voice, or fingerprint. Many individuals already have one or more of these on their computers and cellphones, but as technology advances and becomes more common, the password paradigm may be rendered obsolete.
Because most individuals use weak passwords, use the same one for every account, and never update them, hackers usually only need one hit to gain access to someone’s personal and professional data. Even individuals that use proper passwords may find it challenging to manage the system.
For these reasons, biometrics provides much-needed data protection. A fingerprint is far more challenging to hack using brute force than a password, and the complexity increases by orders of magnitude when numerous markers are used in tandem.
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Blockchain
It might come as a surprise that Bitcoin, the much-hyped cryptocurrency, did not cut. However, the blockchain, the technology’s online ledger, has surpassed the digital denomination as the emerging commercial star.
A blockchain, as opposed to traditional, centralized recordkeeping, is decentralized. The permanent record is not saved in a single location but resides on nodes distributed across the system. This architecture makes it impossible to misplace or tamper with documents.
This is why blockchain has piqued the interest of enterprises that require record storage (i.e., all organizations). And the future application scenarios are astounding. Hospitals might utilize the blockchain to store and exchange health records. It might serve as the foundation for a safe online voting platform. It can track logistics across worldwide supply chains. And, of course, there are countless cybersecurity applications.
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Robotics
In 1962, the first industrial robot struck the hour. Since then, technological improvements have progressively increased the workforce representation of robotics. In the following years, robots will continue to migrate from factories to First Street to do simple cleaning and deliveries.
Such improvements have kept the Luddite fires burning for more than a century, so one difficulty for organizational leaders will be convincing their staff that robots aren’t coming to replace them. Indeed, as more individuals shift into soft-skilled, human-focused occupations, they will most likely benefit from the change.
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Virtual Reality
With hardware costs falling, computing power rising, and high-profile firms such as Google and Facebook entering the fray, virtual reality’s time may have arrived. Furthermore, the increasing acceptability of augmented reality apps in smartphones may make such technology easier to market in the future.
Microsoft Mesh, which was just introduced, and its competitors want to profit from our new era of remote work. The proposal uses various “mixed-reality” technologies to create virtual shared spaces for business teams to gather and collaborate on projects.
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Serverless Computing
The term “serverless computing” is misleading. It’s hard to give computing resources without a physical server nearby unless you’re willing to engage in some genuinely evil arts. Instead, this system more effectively distributes those resources. No resources are allocated while an application is not in use. The computational power auto-scales when it is required.
Because of this technical revolution, businesses no longer need to worry about infrastructure or reserving bandwidth, which offers the golden ticket of ease of use and cost savings.
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Robotics
In 1962, the first industrial robot struck the hour. Since then, technological improvements have progressively increased the workforce representation of robotics. In the next few years, robots will continue to migrate from factories to First Street to do simple cleaning and deliveries.
Such improvements have kept the Luddite fires burning for more than a century, so one difficulty for organizational leaders will be convincing their staff that robots aren’t coming to replace them. Indeed, as more individuals shift into soft-skilled, human-focused occupations, they will most likely benefit from the change.
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Artificial Intelligence (AI)
Universal AI, or a machine with self-awareness and intelligence similar to humans, is the holy grail of artificial intelligence development. These speculative systems would be our intellectual equals—that is until v2.0 comes out and we plummet to a distant second.
Until then, we may rely on narrow AI, which consists of systems that do relatively particular jobs. That may appear overly restrictive, yet narrow AI currently drives systems such as SPAM filters, Google Maps, and virtual assistants like Siri. And its applications are expected to expand much further.
Self-driving cars, Chatbots, logistics, tailored textbooks and instructors, virtual nursing assistants, and even artificial creativity are just a few of the implementations that narrow AI can enhance or bring to the forefront in the following years.
