We live in an age where technology has been advancing at a dizzying pace. As a society, we are coming to rely upon technology more and more with each passing day. Production jobs that were once done manually are now performed by machines and computers do much of the thinking. Even in the business sector, new tech startups are springing up left and right and they’re working on the perfection of a variety of new and innovative technologies to streamline the way we work and live. We’ve put together a list of the 20 technologies that are predicted to rule the world in 2020.
20. Solar Power
The use of solar power is becoming more widespread. It is predicted that there will be more people harnessing the power of the sun through the use of solar panels that collect energy. Complex converters change the raw energy into electricity for use in powering homes and businesses. The leftover energy can be stored and sold to utility companies and save consumers millions. New innovations have reduced the cost of producing this clean and green form of energy to make it accessible for more people as the initial investment has been expensive. Companies now sell kits and packages and for a fee, install them for homeowners. It is believed that there is a potential for solar energy to become one of the most widely used resources in the near future.
There has been a great deal of progress made in understanding how the body’s immune system functions at a molecular level. Scientists conducting research in the life sciences have already unlocked the key to treatment for rare diseases that were up until now untreatable. Special hormones that unlock the body’s own defense mechanisms for fighting diseases of the immune system and certain cancers. Clinical trials already show promise in new treatments that offer hope for those who previously had none.
18. Real-time diagnostics
Some complicated diseases have been difficult to accurately diagnose and this has presented a challenge to physicians and diagnosticians, until recently. New tests have been developed through the use of super-computers which break down components found in blood and body tissues to more precisely diagnose certain health conditions that were once elusive. Real-time diagnostics is predicted to be the norm versus the exception as early as 2020. This means that serious health conditions can quickly be diagnosed for earlier treatment and an increase in the likelihood of better outcomes for patients. An example is testing for genes that predict a predisposition to developing certain cancers, which is now commonly used in persons believed to be at risk.
17. 3D Printing
3D printing is a fairly new technology that has also advanced in its usefulness. Technology has made it possible for large 3D printers to create prototypes for a variety of textiles, auto parts, and even houses. It is believed that the use of these large 3D printers will make it possible to solve much of the world’s housing crises even in remote areas of the world. It is also possible that technology in 3D printing will evolve to the point of having the ability to create 3D bioprinting of organ tissues.
Hyperautomation is another technology that is going to rule the world in 2020. The term refers to the process of using automation to do the work that at one time required humans. Machines that are directed by computers using artificial intelligence and machine learning increase the efficiency of the automated processes. Hyperautomation is a more sophisticated type of automation that extends far beyond traditional automation because it includes discovery, analysis, design, automation, measuring, monitoring, and reassessment. These are actions that were once only possible through human intervention but now intelligent and intuitive software and machines can perform these functions.
15. Robotic Process Automation
Robotic Process Automation, also known as RPA is a component of hyperautomation, but it can exist independently. Robots have been used in completing automated processes that are dangerous for human beings. They currently complete tasks such as assembly, welding, soldering, packaging, measuring, weighing and much more. Robotic process automation is leading to a reduction in the need for human workers in a lot of different industries that use production methods.
14. Multi experience
Multi experience deals with multisensory as well as multi-touchpoint interfaces. We see examples of this technology in advanced computer sensors and wearables such as the popular Fitbit and other fitness trackers. This type of technology is used in many of the tracking systems and communications programs used by businesses in their online ordering systems. It is currently used by Dominos pizza in tehir app-based ordering system and it also uses autonomous vehicles, a tracker to provide information about the menu items ordered and smart speaker communications. It’s changing the way that we do business and the companies that want to maintain an edge in the market are implementing these technologies now.
This type of technology involves giving people easy access to business or technical expertise without the necessity of expensive and time-consuming training. There are four main components in democratization which include the development of applications, data and analytics, and design and knowledge. This type of technology is also called citizen access and it has contributed to a large number of citizen programmers, data scientists and more. The technology allows developers to create data models even though they have not achieved the skill set of a traditionally trained data scientist. AI-driven development generates necessary codes and automates testing.
12. Human augmentation
With an emphasis on appearance and self-confidence, human augmentation is a technology that has been under development for decades and it’s become more commonplace than ever. By 2020 it will be widely available for people who wish to enhance their physical appearance, their cognitive skills or other aspects of human existence. There are four main categories of physical augmentation which include sensory augmentation involving perception, vision and hearing, appendage and biological processes with deal with exoskeletons and prosthetics, brain augmentation which involves implants in the brain for controlling seizures ad genetic augmentation dealing with cell and somatic gene therapy. The technology is here to do such things. learning can be enhanced by exploiting information and applications to gain new experiences and physical implants can enhance brain activity and cognitive reasoning.
11. Artificial Intelligence (AI)
Artificial Intelligence has been perfected to the point of software and applications intuitively sensing the wishes and interests of computer users through the rapid analysis of all information collected about that person within huge databases. Robots are equipped with AI to make them function in manners that are similar to humans. Due to the explosion of available data and lightning speed analysis, AI gives machines and programs the ability to process information in much the same ways as people do, and when it’s perfected, AI will function at higher cognitive levels with lower error rates than humans.
Voice is a technology that is currently used in technologies like Siri and Alexa. They respond to human voice commands and complete requested tasks. This is a technology that is still under development with tremendous implications for making interfaces between humans and computers seamless as early as 2020. Some aspects of this technology are already highly functional.
NPL enables chatbots to enter into an entirely new level of communication with online users. There are many online companies who currently make use of this technology and it’s hard to tell the chatbots from a real human typing in the information on the other end of the conversation. NLP allows machines to choose the right words and tones to simulate an authentic human conversation through a set of complicated algorithms and millions of microsecond computations to deliver a seamless AI conversation between software and humans.
8. Internet of Things
The Internet of Things is a popular topic found in most college textbooks for business and finance. Often referred to as IoT, it is a connection of devices from home with smartphones, and in business, it is the interconnectedness of everything that is relative in some way. Integration and connectedness come from the IoT technology and the smart products that rely upon it to function. A good example of the Internet of Things technology is a smart home by which everything is connected and can be accessed and controlled remotely We use the internet for almost everything that we do in life.
7. Prescriptive Analysis
Prescriptive analysis is a technology that collects a mass amount of data with predictive programming that analyzes the data in accordance with user behaviors and past interaction. This technology is used to aid business in decision making and knowing how to act when users behave in a certain way to maximize the profitability of a business.
5G is another technology that will be commonplace in 2020. It brings with it three major benefits and these are high internet speed, higher capacities, and lower latency. In a world where faster is better and time is money in the minds of consumers, this is going to be one of the most utilized technological trends for 2020.
5. Distributed Cloud technology
This technology involves the distribution of public cloud services beyond the physical data centers of the cloud providers. This takes the cloud to locations that are further out than previously while allowing the provider to maintain control. The distributed cloud allows data centers to be located anywhere on teh planet and it has a greater reach than the centralized public cloud, in fact, it marks the evolution in the era of cloud computing.
4. AI Security
With the vast amount of evolving technologies, there are also increased security vulnerabilities emerging along with them. This is due to the development of new potential points of attack. Artificial Intelligence security is the new technology that can provide the solutions to the new problems through a thorough analysis of the data to identify potential risks and develop measures to secure and protect data from these threats.
Cryptocurrency is a new type of financial system that allows users to trade for goods and services through an exchange of cryptocurrency versus traditional money changing hands. The huge jump in Bitcoin’s price in 2017 stimulated the interest in cryptocurrency and its use as an alternate payment source. It’s a new financial technology that may offer the future platform for conducting business transactions.
2. Autonomous Driving
With the amount of testing taking place for autonomous vehicles, 2020 is going to see yet another leap forward in this technology. Subway trains, automobiles, transit buses, and more vehicles are moving towards autonomous driving. Elon Musk of Tesla expects a completely autonomous vehicle will be completed by Tesla sometime in 2020.
1. Extended Reality
Extended Reality, also known as XR covers a wide variety of emerging technologies that are used to create the ultimate in immersive digital experiences. It encompasses virtual reality as well as mixed reality and augmented reality. This is a complex technology that has broad implications for creating alternate types of reality through the combination of multiple separate technologies melded together in a variety of ways. Although these are technologies that have been around for a while, they are being refined to operate more efficiently and with a greater contribution of realism. You see them in videogames, features on smartphones including camera filters and games like Pokemon go which offer visible examples of Augmented reality.What this means for business is that companies and their employees will have the ability to develop new ways to interact with their customers via extended reality and the applications that are infused with the technology. As we enter into the year 2020 we can expect to see the ongoing refinement of these technologies as they are intertwined with one another to enhance apps in business, in communications, in entertainment and much more.