It is a fact that 2020 is not going well, but that doesn’t mean things are going to slow down in the app development industry or any other, to be honest.
Technology is one of those things that spreading like a wildfire, it doesn’t seem to be slowing down.
In fact, just last year, we came to know that worldwide spending on Technology touched the mark of $3,360 billion. Amongst those technologies, we’ve got Robotics, AI, AR/VR, and Big Data. All these technologies are expected to help organizations to score big in their growth including sales/marketing, boosting internal operations, picking-up of business from existing customers, and acquisition of new customers.
2019 turned out to be the greatest year for various industries; we came across new trends and extensions. In 2020, those trends are predicted to kick things up a notch.
Now that you know what technology is capable of doing, here we present you some of the most influential trends that’ll surely change things around in 2020.
We all have access to some of the most complex technologies ever made. Tech gears like IoT and drones are known to be constantly up for a risk of cyber threats and data breaches as they are hackable.
As per a report by Norton, there were 3800 breaches that were publicly disclosed by 2019’s first half. In 2020, we can expect the adoption of Internet Protocol Version 6 (IPv6), which is a network layer protocol. Soon enough, IPv6 will become mainstreamed in the cyber security scenario. But why are we making such predictions? Well, IPv6 is efficient in processing, more efficient in routing, has simplified network configuration, and can direct data flows.
Google being a tech giant has recently partnered up with Palo Alto Networks and McAfee for the security of Google Cloud. BlackBerry doesn’t like to be left out, which is why it is planning to collaborate with the government to offer better security. In 2019, the company had already acquired Cylance, which is a threat prediction and prevention firm.
Let’s Automate Everything!
Automation is something that has got the world around its hype. And for the past few years, we’ve been waiting eagerly for automated vehicles. Companies like Tesla and General Motors have invested a fortune, but results are yet to come. In 2020, autonomous things like; automated robots, AI-powered drones, and an AI-based IoT are expected to dominate various industries. The machines will interact with each other in order to pull off the task given to them with minimal human intervention.
Democratization of Technology
In 2020, we can expect the democratization of technology is expected at various levels. Those who don’t know what democratization is, it means making technology more accessible to common people. The proliferation of open-source software and application is a perfect example. Advancements in programming technology can take place at any time soon. So, if you are a freelance developer, you could get better opportunities to earn somewhat of a great amount.
It wouldn’t be right not to mention the mighty 5G network in this list, don’t you think?
Last year 5G network was hyped like crazy across the world. In fact, the US has plans to deploy 5G in lower bands by the early 2020s. Verizon (a leader in telecom industry) has already launched the network in more than 30 cities by the time you are reading this article. CRTC (Canada Radio-Television and Telecommunications Commission), on the other hand, has plans to auction 3.5 GHz, which will offer higher speeds than the ones in the USA.
In fact, China isn’t running behind this race. A meeting by MIIT (Ministry of Industry and Information Technology) in December came to a conclusion that each prefecture-level city of China will get 5G network by the end of 2020. In this competition to adopt this technology, we, consumers are the real winners.
Since we are talking about democratization of technology, we need to bring up Blockchain. This technology in particular is expected to penetrate deeper into the gaming industry.
The Service of AI
Artificial Intelligence as a service (AIaaS) is referred to solutions that are offered by third parties mainly in the form of cloud services. With that being said, both companies and developers can experiment with AI without investing either money or time. With a Distributed Machine Learning Toolkit, Microsoft has enabled its users to various Machine Learning applications. The app developers can utilize Watson Intelligence through the Watson Developer Cloud by IBM.
Talking about Google, it lets its enterprise customers utilize its AI-based search interface through Springboard. It is expected that other new players might also start delivering such services to simplify the lives of professionals.
IoT as a Service
Implementation of IoT is something that every other business is planning on achieving. Despite the fact that it offers multiple benefits; it can be exhaustive and expensive at the same time. However, vendors who are known to be delivering IoT as a Service are now offering a solution to these issues. Those services enable an organization to connect its assets, machinery, vehicles, and embed tags.
It has been predicted that businesses can now design products that come with value contribution by IoT. In other words, the machine itself will let the owner know when it needs a service or repair. Apart from users getting all the benefits, the customer support team can become more driven as they’ll receive by receiving performance reports of units manufactured by them.
Human bodies which you must’ve seen in sci-fi movies are exactly what we are going to talk about. You need to know that the alteration of our body is no longer a fiction.
A research which has been published by Markets and Markets stated that Human Augmentation Market is expected to reach 206.9 billion dollars by the year 2024.
Most of the shares in that estimated amount will come from wearables. China, on the other hand, is expected to emerge as a global leader in this sector with the highest CAGR in terms of value. The contributing factors for the growth of this sector include big data analytics, mobile technology, and several info-rich communication challenges by the internet.
We are heading towards a great future, at least in the Technology venture.
With the integration of genetic traits and biomarkers, it has become possible for healthcare industry to offer therapy as per the needs of a patient. Using essential data and the patient’s history can help you determine the possibilities of diseases and that’s what predictive medicine is all about. These medicines will help healthcare professionals to offer best possible treatment.
Companies like Predictive Oncology have already started relying on Artificial Intelligence to offer personalized cancer therapy to patients suffering from tumors.
A team of researchers from Penn Medicine has recently used the combination of MRI and radionics to predict the recurrence of breast cancer. Such new developments and testing of novel therapies by pharmacy companies reflect a promising future of this domain.
Cloud computing is one of those technologies that has the capability to turn things around in the most unexpected manner. When it comes down to its future, it often turns out as a form of distributed cloud.
Those who don’t know what that is, then you’d be surprised to know that it is a piece of technology in which networking, storage, and computation are present outside the centralized cloud.
As per quite a few predictions, we came to know that this tech is expected to aid numerous sectors across the globe. Amongst those sectors we’ve got telecom which will be affected by its wave. This technology can help telecom industry reduce network and computational overhead at the central cloud.
Speaking of which, you’d be surprised to know that the reduction in network latency is yet another benefit that you’ll get. As of now, about 10% of enterprise-generated data is being created and processed by industries outside of a centralized cloud.
As per a report published by Gartner, it has been predicted that this percentage might elevate to 75% by the year 2025.
Have you ever heard the term Robotic Process Automation (RPA)? If not, then let us tell you that it is a combination of process mining, analytics, AI, and other tools. It has been predicted that in 2020 businesses/organizations will minimize wastage of resources. Now that we know 2020 is going to be the year of robots, humans can work in sync with them and make the process more streamlined.
Other benefits with hyper-automation include hassle-free scaling up of the projects and efficient ROI.
The Wrap Up
Future is looking bright for various technologies, it doesn’t matter what industry you are serving in, what matters is that your business might go through some changes which could be implemented soon. The aforementioned trends will definitely make things easier for both the vendor and the customer.