Technology is always evolving. Certain trends fade away, while others gain traction when large companies invest in or companies integrate them. The speed of change is breathtaking and it is important that companies stay on top of the most recent trends in technology to benefit from them and not be left behind.
Artificial intelligence is a well-known technology trend. It is used in a myriad of business applications including image and voice recognition, smart assistants and navigation apps. This trend is expected to increase usage in the coming years as improvements in hardware and programming enable it to be more widely accessible and affordable to implement.
The next trend in technology to keep an eye on is blockchains and distributed ledgers. This super-secure way of storing and authenticating information could change the way businesses conduct business. For instance, it is being used by the healthcare industry because of its ability to facilitate secure transactions.
Biotechnology is a second area that is ripe for disruption. AI automation, automation, and DNA sequencing are driving this revolution. The possibilities include personalized medicine, gene-therapies and genetically-based guidance for food and exercise. Companies must evaluate their bQ, or biological quotient, and determine whether or not to incorporate these technologies into their existing R&D projects or partner with science-based start-ups.
Drones and unmanned aviation vehicles (UAV) is another trend to be aware of. These devices allow companies to collect information and data from remote or inaccessible locations and reduce downtime and cost.