Considering that we are in the middle of the 4th industrial revolution, technology is evolving swifter than ever. If you don’t keep up with imminent technological trends, then you can rest assured that you will be left behind as the rest of the world make long strides towards success. Understanding some of the technologies that will take 2020 by storm, will help you prepare accordingly and clutch opportunities as they come.
2020 will see significant advancements in quite a number of technologies, including live streaming technology. These will ensure sports fanatics, such as those who are crazy about horse racing, for example, will not have to travel for miles to watch the Kentucky derby 2020 contenders.
Apart from this, there are a host of other looming trends you should look forward to. They include;
5G data networks
Yes, in 2020, you will no longer have to endure slow download and upload speeds thanks to the rise of the 5th generation mobile internet connectivity.
Truthfully, this is a technology that has been in existence since the start of 2019, but its functionality is only confined in specific areas, and the cost that comes with it makes it a reserve for a few.
2020 will doubtlessly change the masses’ perception towards 5G data networks. It is the year that this technology will create a storm throughout the globe. Internet providers are currently working on a more improved coverage and cheaper data plans, which means you will have a chance to join in the fun regardless of your place in the socio-economic ladder.
AI-as-a-service
We cannot talk about revolutionary technology without mentioning Artificial Intelligence (AI).
AI is arguably a technology that has impacted almost every aspect of our lives. It has changed how things work and have streamlined business operations across all industries.
This trend is set to continue in 2020. However, even though people will have to get used to working alongside AIs, deploying AI systems will be a pricey venture, even for the most established enterprises. To help in cutting costs, this is where providers of AI-as-a-service will come in.
AI-as-a-service providers will offer a platform where businesses and individuals will be allowed to feed data, and will only compute resources as they use them or pay for algorithms.
Some of the most renowned providers today are Google, Microsoft, and Amazon, but their services come with a hefty price tag. In 2020, we shall see the entry of new providers who will offer custom solutions at super-affordable prices.
Extended Reality
You have heard about virtual reality and machine learning in the past, but have you heard about extended reality? Probably not!
Extended Reality (XR) basically refers to augmented, virtual, and mixed reality. Simply put, it refers to a blend of new and emerging technologies that are used in homes and businesses to give users out-of-the-world digital experiences.
Apart from allowing you to interact with digital things placed in the real world, XR will be prevalent in simulation and learning and will be widely used in businesses to interact with clients and provide them with amazing experiences.
Blockchain Technology
When you mention Blockchain technology to some critics and non-tech-savvy companies, you are likely to get a blank look. However, this digital ledger that records transactions through a highly encrypted and decentralized system is about to take the world to a whole new level in 2020.
With some renowned companies such as IBM, Walmart, MasterCard, and FedEx making huge investments on this technology, other players might join the bandwagon. When this happens, then the real-world impact of the Blockchain technology will be visible from every corner of the earth.
2020 will also see a launch of various cryptocurrencies, including Facebook-owned Libra, which is set to give major cryptocurrencies a run for their money.
Final Thoughts
There is a wide range of technologies that are set to change our lives in 2020. Apart from the ones mentioned above, we might also see the rise of more advanced wearable technology that will help us predict and treat health issues before we even experience symptoms.
As far as medicine is concerned, doctors will be able to give precision medicine, since they will have the technology that will provide the data to help them know how effective treatment will be on a particular patient.
The technologies mentioned above are just the tip of the iceberg. There are thousands of other innovations that will come up, and all you need to do is stay alive, sit back, and see what the New Year has in store for you!
Wonder how the technology trends swing from 2020 to 2050.