The pace and transformative potential of today’s innovative technologies being applied to solve the world’s most pressing problems is extremely exciting. Over the years, entrepreneurs, the investment community, and the world’s largest enterprise R&D organisations will focus on developing and deploying solutions that will deliver tangible results.
We can expect following top 5 predictions on future tech
Global attention would be 5G:
We’ve seen a rapid surge in internet services with a requirement for “day-to-day” activity overnight. WIFI has been scaled to meet increased capacity needs. Businesses and classrooms have switched to video conferencing as a result of the shelter-in-place strategy, revealing poor-quality networks.
Latency is low. This lack of network stability would be addressed by 5G networks, which would also allow for more high-capacity applications such as telemedicine, telesurgery, and ER services. Smart factories, real-time monitoring, and content-intensive, real-time edge-computer services are some of the ways businesses might offset the high cost of mobility. This is made possible by 5G private networks, which revolutionise the game.
The introduction of 5G produces markets that we can only envisage – such as self-driving bots and a mobility-as-a-service economy – as well as markets that we can’t, allowing future generations to construct thriving markets and worthwhile causes.
Many industries have been transformed by robotics in the past, while some, such as food shopping, have remained mostly unaffected. Technology will never be the same again, thanks to a new robotics application called micro fulfilment. Whole industry will operate at a better level of productivity, resulting in favourable and appealing returns in the long run.
This technology also opens up more food options for consumers, as well as a stronger customer offer in terms of time, product availability, and pricing. We believe that value will be acquired by retailers and consumers in the same way that it is collected online.
Voice Assistant Revolution
The mobility industry is on the cusp of revolution, where the current decade will be very different from what we have seen till now. As a result of fast-paced technological disruptions, the world is moving towards three big trends in mobility which are electrification, connected & autonomous driving, and shared mobility.
Our experience will be very different in the next few years as people increasingly use cell phones for everything, the trend of personal voice assistants in cars continues to rise at a rapid pace. Personal assistants such as Google Assistant, Alexa, and Siri have also made it possible for drivers to make calls and give directions hands-free, resulting in safer driving.
Boost in E-Commerce sector:
After the pandemic limited everyone’s ability to leave their home door, ecommerce took off in 2020. During the first few months of the shutdowns, online sales increased from 16 percent to 27 percent of total retail sales. And once you modify that much infrastructure, you can’t go back.
A significant ecommerce growing concern to be aware of is website accessibility. Website accessibility is a major ecommerce growth pain to anticipate. Websites will also need to improve their security and speed. To accommodate a huge volume of traffic, live-streaming and website servers will need to continue to improve in order for most things to happen online.
Ocean Thermal Energy can take us to 100% renewable-energy
One of the world’s major renewable energy sources, ocean thermal energy is mostly untapped. For example, blue rise is currently working to achieve an energy breakthrough by converting ocean thermal energy into utility-scale electricity. It will be able to compete with fossil-fuel-based generation as well as other renewables that require grid balancing and storage. It will plummet.
It will play a crucial role in the future energy mix being one of the very few constant energy sources, available day and night, year-round.
A Flexible workforce:
Artificial intelligence and smart assistants will be prevalent in the workplace, while the use of augmented and virtual reality will continue to grow. Everything will be networked and data-driven, and everything will be smart.
Work will increasingly become more fluid as some employees will be virtual, and we will all be working non-fixed hours. As with any kind of change, there will be pros and cons.
The benefit is that we will have more time to focus on the human side of work, such as developing connections, being creative, deep thinking, and cultivating empathy and self-awareness skills. We will be able to make organisations more personable with the help of technology. This also means that we’ll have to become used to utilizing technology like bots and AI in our jobs, which can be a source of anxiety and fear too. However till we take the innovations in tech as a boon, its all good! Ohh hail future tech!