hello everyone Our role as futurists is to predict and analyse future technological and commercial developments. Technology is the lifeblood of business these days. Today we’ll show you the top seven technology Trends in 2024 Technology continues to rule the world; it has made millions of firms Prosperous use of new technology daily has increased the way each business works and makes people opt for something that gives timely Evolutions based on the technology with many new technology Trends emerging daily: companies need to stay updated with their technology needs to meet customer demands effectively Technology has also made its way into the future, where people started to live using avatars even the decentralized internet system is based on
Artificial intelligence even though artificial intelligence or AI has generated a lot of Buzz over the past 10 years it is still one of the newest technological Trends because its effects on how we live work and play are just beginning to be felt adaptive AI systems aim to continuously retrain models and learn within runtime and development environments based on new data to adapt quickly to changes in real world circumstances that were not foreseen or available during initial development the largest companies already use artificial intelligence technology to predict demand and provide users with relevant information its Evolution began about a decade ago and there are arguments on whether AIS can replace humans AI is well known for its superiority in many fields, including ride-sharing apps, smartphone personal assistance image and speech recognition navigation apps and more Other AI tools include customer relationship management tools, content generator tools, data analytics tools and much more Elon Musk has said he fears artificial intelligence could one day outsmart humans and endanger us citing AI as the biggest threat to civilisation, the AI Market will grow to a 190 billion dollars industry by 2025 with global spending on cognitive and AI systems reaching over 57 billion dollars in 2024
RObotic process automation
RPA robotic process automation is a technology that automates Ai and machine learning jobs RPA like Ai and machine learning is a rapidly improving technology that automates many jobs in various Fields according to McKinsey less than five percent of employment can be done by machines but approximately sixty percent of jobs can be done in some way robotic process automation RPA automates corporate activities such as data collecting and Analysis customer support and other manual tasks using a variety of software and applications RPA creates numerous new career opportunities for programmers project managers business analysts and Consultants it also gives you access to well-paying jobs at leading organizations with a good learning curve RPA is growing in popularity because it can reduce costs streamline processing and drive better customer experiences another attraction of RPA software is that business units can implement it without having to learn new tools or ask it teams for support and without changing an organization’s underlying it infrastructure
3D printing
the use of 3D printing to create prototypes is a significant Trend in innovation and technology. The impact of this has been felt in the industrial and biomedical Fields 3D printing is an industry promising everything from cheap house building to Affordable rugged armor but one of the most interesting uses of the technology is the building of 3D printed bones osoform specializes in medical 3D printing, creating patient-specific Replacements of different Bones from tricalcium phosphate, a material with similar properties to human bones; therefore, 3D printing is a further Innovation that will endure you these 3D printed bones is surprisingly easy a hospital can perform an MRI, which is then sent to osoform to create a 3D model of the patient-specific implant needed The surgeon accepts the designand then once it is printed it can be used in surgery
blockchain
a blockchain is a secure place where you can securely store data in any form This super secure method of storing authenticating and protecting data could revolutionize many aspects of the business, particularly when it comes to facilitating trusted transactions It is similar to the funds in a bank account, where the funds never get lost or stolen when placed inside The information stored in such a chain cannot be altered or deleted blockchain technology is already widely used in many businesses this 2022 from Supply Chain management to electoral processes This will continue to help improve the safety and transparency of numerous procedures a blockchain collects information together in groups known as blocks that hold sets of information Blocks have certain storage capacities and, when filled, are closed and linked to the previously served block, forming a chain of data known as the blockchain blockchains are also consensus-driven, meaning no one is organised and is incorporated into the data; it eliminates the need for a reliable third party to supervise or verify transactions
Internet of Things iot
the idea of a network of smart devices was first discussed in 1982 with a modified Coca-Cola vending machine at Carnegie Mellon University becoming the first internet connected Appliance a growing number of devices can connect to the internet and we call this The Internet of Things thanks to the Advent of inexpensive computer chips and high bandwidth telecommunication we now have billions of devices connected to the internet this means everyday devices like toothbrushes vacuums cars and machines can use sensors to collect data and respond intelligently to users the development of sensors and the study of data will be the main forces behind this expansion the internet of things will affect numerous sectors from manufacturing to Health Care Computer Engineers have added sensors and processors to everyday objects since the 90s however progress was initially slow because the chips were big and bulky low power computer chips called RFID tags were first used to track expensive equipment as Computing devices shrank these chips also became smaller faster and smarter over time Internet of Things describes a global system of interconnected Computing devices without any intervention from a human the Network’s devices can exchange information gather data and transmit it to another location over 50 billion devices will be linked via the Internet of Things by 2030 more than 1.1 trillion dollars will be spent on this technology worldwide though the Internet of Things iot is still in its early stages it will grow rapidly in the coming years
rise of super apps
6 rise of super apps a super app combines the features of an app a platform and an ecosystem in one application It not only has its own set of functionalities, but it also provides a platform for third parties to develop and publish their own mini apps. It is worth saying that today the implementation of super apps in China is becoming more and more widespread, but the trends smoothly cross the borders spreading worldwide even though awesome apps are not as general as traditional mobile applications, some prominent examples can give you a taste of how such Solutions work and their potential tencent the massive Chinese Tech conglomerate and leader in the super app realm took its WeChat app initially a messaging app and morphed its billion+ user app into an ecosystem of services that includes taxi rides payments or virtual wallets hotel reservations games medical consultations and more while super apps have big Revenue upside potential in the end, like any other apps they’ll earn their audience based on some fundamentals of good software development and testing, although most examples of super apps are mobile apps the concept can also be applied to desktop client applications such as Microsoft teams and Slack, with the key being that a super app can consolidate and replace multiple apps for customer or employee use
7 5D technology
this technology will enable your smartphone to get faster, stronger signals and much lower latency than ever 5D technology has already been deployed in many countries worldwide where mobile networks are much faster than those on 4D technology Beyond speed improvement, the technology is expected to unleash a massive 5D IoT ecosystem where networks can serve communication needs for billions of connected devices with the right trade-offs between speed latency and cost 5G speed tops out at 10 gigabits per second—isn’t it amazing? the average reaction time for humans to a visual stimulus is 250 milliseconds or one quarter of a second People are capped at around 190 to 200 milliseconds with proper training Imagine now that your car could react 250 times faster than you it has been predicted that by the end of 2025, 60 of Enterprises will be using five or more Wireless Technologies simultaneously because it expands the mobile Spectrum to have lower and higher frequencies 5G networks can handle a significantly higher bandwidth 5G-powered autonomous vehicles will be very futuristic and increase Road safety, according to digi.com the next generation of connected cars will do much more over time 5D technologies will improve and adapt to the needs of a changing Society if you enjoy this video and want to know more about new things, please like And subscribe to this channel share this video with your friends and press the Bell icon to get notified.
