Emerging technology is a term used to describe the rise of new technologies or the development of existing ones. Technology is an important aspect in every area of our life. Areas such as science, education, business, media, organization, and so on, use technology in their daily activities. Emerging technologies are technologies that are being developed currently or the ones that are going to be available in years to come. It is a term used to explain the creations that will have significant effects socially and economically.
This term is mostly used by IT professionals and academics to describe the rise and development of new technologies. According to CompTIA’s emerging technology report, the technology which offers the greatest opportunities to create business and revenue is the Internet of Things. These technologies are defined by fast growth, coherence, prominent impact, radical novelty, and uncertainty & ambiguity. This post will mention the top 8 emerging technology, according to the opportunities each will create for IT firms and technology companies.
Top 8 emerging technologies
Artificial Intelligence
Artificial intelligence is also a field that has been evolving over the years. It is mainly based on the idea that human intelligence can be mimicked by machines. These machines are expected to perform simple and complex tasks easily and faster. What it aims to achieve includes learning and perception. This technology will benefit various areas and disciplines such as computer science, Information technology, mathematics, and many more. It is a branch concerned with developing and creating smart machines that are capable of performing traditional human tasks.
AI also has a positive impact on the business world. It improves the way businesses interact with customers. There are various channels of communication at the moment by which clients communicate with businesses via websites, bots, and so on. These tools are becoming widely accepted and integrated into our daily activities.
According to CompTIA, with the development of 5G, individuals are going to be able to increase the ability to move, edit, and analyze data across wireless platforms. In the coming years, 5G is going to roll out and keep gaining ground. This will drive the creation of complex applications to solve issues and increase growth across various industries. The development and rise of 5G will enable the impact of businesses providing wireless at a high speed. It will also assist markets to know the speed of business as their various counterparts. The development of 5G solutions for industries will also have other profitable advantages.
Another emerging technology is the blockchain. It enables organizations with encrypted and secure data to manage their transactions over the internet. Lots of organizations are implementing blockchain to protect their transactions and ensure they are not altered. The most popular of this technology is the use of cryptocurrencies like Bitcoin and many more. The simple idea of blockchain is to circulate data to prevent it from being manipulated, possessed, or controlled by any central authority.
Blockchain technology is a series of data records that is managed by a group of companies, and not a single actor. All these data are protected and bound to one another with chains. Anything built on this network is open for everyone to see. Every individual is accountable for whatever actions they perform on the platform.
Serverless computing is a cloud computing service that simplifies the development of code by running the snippets of back-end code which developers write for a single short function. The number of resources needed to complete the task will be carried out and customers will have to pay every time a task is completed.
With serverless computing, organizations can create a No
Ops IT environment that is automated and abstracted from the underlying infrastructure. In addition, it will allow various businesses to develop new capabilities that will add more value.
Biometrics
The most popular method of identification now is the use of biometrics. Methods such as fingerprint, face identification, and retina scans are becoming mainstream. Some organizations and devices like mobile phones use this method for identification. It is a secure way of preventing unauthorized access to data. Biometrics will form a very secure foundation for solutions that are developed by IT companies in years to come. They are a guaranteed method of protecting our data.
Biometrics is a technology that has risen over the years. Its first application was the use of fingerprints in identifying perpetrators of a crime. It was paper-based before, but due to the rise of digital computing it is now completely automated. It can be classified into three purposes which are: for identification, authentication, and verification.
This technology ensures that the identities of authorized users are confirmed before granting access to secured data or information. When verifying identity, it performs a biometric comparison either to a building, or digital asset. Some of the assets that use biometrics before giving assets are computers, mobile phones, and centralized database. This technology works by comparing an individual’s live biometric sample to a stored sample in a central database. With this comparison, the identity of a person can be authenticated and access will be granted.
Biometric is oftentimes a more convenient and easy alternative to using Password or Pin. Furthermore, it is much safer. A password or pin can be gotten through illegal means but stealing another person’s biological makeup is almost impossible.
This is the science of designing and creating electro-magnetic machines that can be programmed to perform more than one autonomous function which is traditionally performed by humans. It is also a method of using machines to carry out complex actions or tasks to make businesses faster, cheaper, and efficient. Any programmable machine that interacts with the world around it physically while performing a series of complex actions autonomously is a robot. Any task that is deeming too dangerous for humans to perform is usually designed for Robots.
Unlike some people’s beliefs, robots are not going to replace human workers. They were programmed and developed to perform tasks much faster than humans. Furthermore, no action is too dangerous for robots to perform. Robots are designed and constructed to be used in industries with an environment that is too hazardous. An important aspect of this field is artificial intelligence. Robots are designed with senses like touch and vision. These make it equivalent to performing tasks as if it were done by humans. With the advancement in technology, some robots are even capable of decision making. These features make them enhances their ability to perform tasks as a human would. Nowadays, a robot in human form is called an android
Robotics is also one of the emerging technologies in the world today. This field has advanced so much in the past years due to its rapid prototyping.
3D printing is a rapidly developing technology and is the method of producing parts of an object compared to traditional technologies. It is one of a kind and unique technology that turns plastics filaments into physical objects. Chuck Hull released the first 3D printer which uses the stereolithography process in 1987.
To start using this technology, it starts with having the 3D blueprint of the object. The printer will then slice the model into 2-dimensional layers. It will prepare for an execution by turning it into a set of instructions that the machine will understand. From here, the way the printer will work depends on the available materials. Although it works on a metal object, the most common materials are Plastics. It might take about 4 to 18 hours depending on the size of the material and type of printer being used. Using a 3D printer does not guarantee using your printed part immediately. It will need post-processing to achieve the desired result. It takes time and effort.
NASA also has a 3FD printer on the International Space Station and this helps astronaut to build custom tools without having to take them to space. 3D printing finds a solution to the manufacturing of complex parts and difficult to get products. If it keeps solving these problems, there is no doubt that this industry will continue evolving. This technology is also useful for entrepreneurs, students, factories, and hobbyists.
Virtual reality/ Augmented reality (VR/AR)
Virtual reality is a computer-generated experience that opens up a virtual for users with immersion into a simulated world. VR serves as a layer over the real world. Users have real-life experience in a simulated world. It has a headset that provides motion, haptics, and high-resolution 3D graphics that provides users with real-life experience.
Virtual Reality is a computer technology that creates a simulated environment for users giving them a more real-life experience. With VR, individuals are immersed with 3D worlds rather than looking at a screen. They will be able to interact and simulate senses like touch, hearing, vision, and sometimes smell. It provides a near life experience for them.
Virtual Reality and Augmented reality are the same technology. The only difference is that AR simulates artificial materials in a real environment while VR creates an artificial one to be inhabited. Augmented Reality technology represents 3D objects as they would appear in front of a camera thereby imposing computer images over real world view. However, with virtual reality, the eyes of users are located within the environment. If the user changes position, the graphic will also react to the same position. It creates a real-life, interactive, and convincing world for users.
Both emerging technologies are evolving and will no doubt have positive economical and social effects.
Conclusion
In summary, emerging technologies are those technologies that are under development and existing ones that are still evolving. This post mentioned some of the top inventions that will have positive effects on every aspect. At auditarena , we would continue to update this article to keep you abreast of the latest technologies.