New Technological Trends for 2020 that can impact your business ;
- Artificial Intelligence (AI) : AI technology trend including products like AlterEgo, a mind-reading wearable, and citizen robots like Sophia are only a promo to how big AI technology will get in 2020. Companies like Dominoes and Doordash are already experimenting with drones and robot delivery.
- 5G Network : By the time of 2020, the entire world, as well as nations, would be under the spell of the lightning-fast internet connection. Plus don’t forget all the perks that are attached to it. There is no doubt that 5g network will find its place in the tech market soon. Also, it will bring a huge amount of benefits like high internet speed, higher capacities, and lower latency.
- Automation : Since various emerging technologies like cloud computing, big data, artificial intelligence, and robotics are going towards high scale development, it is not surprising to see that automation is right at its peak. Most of the software consulting firms right from banking to manufacturing and software enterprises are going ahead with implementing automation.
Medical Upgrade : A much-anticipated tech trend in 2020 will be sophistication of technology upgrade in the medical field. 3D printing will open a new business of advanced prosthetics as university research expands in 3D printing bionic body parts.
- Digital Debit : In 2020, traditional banks will steal hold the greater value but businesses will need to carve out the adoption space for growing digital transaction sources. It’s no coincidence that banks like Bank of America are gathering blockchain patents.
Mid-Market Tech Growth : When we talk about growth or decline in the technology sector, we are often prone to discussing the largest of the tech companies. What is changing is the level of interest being placed on mid-market businesses and their growth potential. As investors come to grips with how to own, operate and invest in emerging tech companies and online businesses, we are beginning to see more reports on this mid-market sector and its potential.
Mobile Commerce : Mobile Commerce has been edging into our lives for some time. People have become used to shopping on their phones via intuitive apps and mobile-friendly websites, but the ability to pay for products in bricks and mortar stores with Apple Pay and Google Wallet is set to change our world.
Newspapers cease to exist : One of the effects of social media, mobile phone apps and the pervasive internet is the end of newspapers by 2020.
Reskilling Human Workforce : At the speed at which machines are learning, upscaling human worker’s digital sophistication will be a must-have in the latest technology trends in 2020. The present human workforce is dealing with a disruptive digital transformation where Cloud, Analytics and Digital wave may still stand essential for groundwork but are no longer the crown jewels of “disruptive technologies.”
Personal Profiling : Digital integration into people’s lives has become so deep that data analytics has more information than they could ever analyze with current technology. As consumer analytics becomes a crude priority of every business, the latest tech trend is profiling consumers by examining how they interact with the technology in hand.