Upcoming Industry Trends

In our time, Technology has reached the pinnacle of evolution, throughout our years of Existence, Humanity has achieved many milestones, but all of those were gradual with time.

In the post-digital world, along with digital realities, related products and services will be hyper-personalized. And to decipher that, we will require a technology vision that meets the requirements of constantly changing on-demand experiences.

Below are the few Upcoming Industry trends:

• Electric Automotive
• Renewable Energy/Alternate Power
• New Age Materials: 3D Printing, Lab Grown Foods, etc
• Block-chain and Crypto-currency
• Artificial Intelligence/Big Data: as a Service
• Space Tourism
• Health & Biotech
• CyberSecurity
• Genomics
• Telecommunication: 5G, Light Wifi, etc.

Whats Next in Technology
In 2020, business not only needs to come together to form a cyber-secure ecosystem but also review their take on data analytics. For that to happen, the present staff needs to be well trained for the latest trends in technology and the process should be followed accordingly. We expect to catch sight of a technological advanced world with conclusive use cases of all the above mentioned technologies.

Key Takeaways of 2020 Tech Trends
Businesses will need to adapt to a transition from social, mobile, analytics and cloud (SMAC) to Distributed ledger technology (such as blockchain), Artificial intelligence (AI), Extended reality (including virtual and augmented reality), and Quantum computing (DARQ)

Personal profiling of consumers by analyzing their social profiles, where they check-in and what products do they tag among other parameters will change marketing for businesses.

Businesses will require the re-skilling of the Next-gen workforce to be trained in 2020 tech trends such as Augmented Reality, Virtual Reality, Internet Of Things, Block-chain, Artificial Intelligence.

Ever since the European Union’s General Data Protection Regulation (GDPR) laid the foundation for data privacy regulations, businesses will need to adapt their analytics to similar guidelines in 2020 to protect user information.

Real-time opportunity to capture "momentary markets" will require businesses to update customer analytics and advertising.

AI products like AlterEgo, Sophia (robot) and driverless vehicles from companies like Tesla, Uber, and Volvo will get more sophisticated in 2020.

3D printing will open doors to bionic body parts processing, while tele-medicine combined with AR diagnosis will upgrade businesses in medicine.

Automation in businesses will ride in three waves: Algorithmic, Augmentation, and Autonomy implying that automated stores like cashier-less AMAZON GO stores will surface, increase and lose all human workforce in stages across 2020.

Traditional banking will get a little weaker with Facebook’s crypto-currency project Libra and the growth of digital payment systems like Amazon pay.

5G will support 1,000-fold gains in capacity, connections for at least 100 billion devices and a 10 Gb/s. While this means faster browsing for businesses, the unimpeded growth of LTE & 5G.