8 Technology Trends of 2020 that will Transform our Lives

Technology Trends

Did you foresee the progress we’d made up until now back in the 1900s? A little idea about the future is way different than experiencing it first hand. The catch? This is on loop. Sitting here, we’d be discussing the upcoming technology trends of 2020.

Investing in technology in 2019 hit 3,360 billion US dollars worldwide. Now, that isn’t a surprise due to the obvious convenience of technologies into business. However, the drivers of tech growth involve boosting internal operations, improving sales effort, acquisition of new customers, etc.

Moreover, the following list showcases the new technological trends of 2020 that are going to affect our lives vehemently thereby curbing our ideologies as well.

How 8 New Technology Trends of 2020 will Shape our Lives and Outlook

From the internet, covering advanced cloud-like services to the new ER or Extended Reality, everything is stepping grades above. And because of businesses’ integration of them into their operations is inevitable, they are successful in shaping our lives and conduct more effectively.

So, here’s the list that you seek.

  1. Distributed Cloud

The next level of Cloud Computing is a distributed cloud. Now, what is its definition or how is it identified? This must be an inevitable upcoming question appearing in your mind. So, be it. The technology wherein computation, storage and networking exist outside the centralized cloud is considered as a distributed cloud.

Moreover, this is one of the technology trends of 2020 that aims to optimize ample industries throughout the world. Discussing telecom particularly, this technology intends to diminish computational and network overhead at the central cloud. Another vital advantage is network latency reduction.

Today, the industries across the globe process and create 10% of enterprise-rendered data external to a centralized cloud. However, reports say that this stat will rise to 75% by 2025.

  1. 5G Network

This is one of the technology trends of 2020 that is already in the market. And in 2020, the idea of 5G will strengthen and plenty of companies will invest to advance 5G networks throughout the world. Also, the United States decided to deploy 5G in lower bands by the initial period of 2020.

Recent news? Verizon has already successfully launched this technology in 30 US cities in 2019. Moreover, CRTC also intends to auction 3.5 GHz in 2020 that is expected to lend a superior pace than the 5G service in the States. Japan, meanwhile is yet to accept applications for deploying 5G networks.

  1. Autonomous things

In recent years, curiosity is roaming about the entire world regarding the fresh developments from the domain of autonomous channels. This is one of the technology trends of 2020 in which diverse companies, for instance, Tesla invests heftily and wisely awaiting productive results.

Moreover, by 2020, the arrival of autonomous robots, AI-oriented IoT, AI-powered drones and a lot more are obvious expectations. In these, the specialty would be that each machine would interact with another on their own for accomplishing a task. Also, the intervention from humans would be extremely less.

  1. Personalized and predictive medicine

Every human body needs special treatment for ailments for quicker and thorough recovery. And by 2020, the possibility of this extremely high thanks to the new technology trends of 2020. Using biomarkers and genetic traits, the healthcare industry can successfully offer therapy that is ideal for a person individually.

Moreover, before discussing further, it is important to know the fundamentals of predictive medical care. It is, basically, the use of information along with the history of a patient in order to identify the possibilities of diseases in the future.

Now, this renders healthcare professionals a chance to lend proactive therapy to reduce the impact. Also, there are ample companies who are planning to integrate Artificial intelligence in order to deliver personalized therapy for patients with cancer tumors. Predictive Oncology is one such company.

In addition, a research team recently has employed the combination of MRI and radionics for anticipating the recurrence of breast cancer. Its smart integration reflects a promising future of the domain.

  1. Hyper-automation

It is a set of process mining, analytics, Artificial Intelligence and other tools, keeping Robotic Process Automation at its core. Now, the main expectation from this technology is to reduce the wastage of resources with this fresh approach. It is one of the technology trends of 2020 that is vehemently bringing about shifts in the practice of business operations.

Moreover, as humans, bots and other energy resources begin performing in synergy, the operation is bound to get properly streamlined. Other possible perks involve easy scaling up of each project and a more efficient Return On Investment.

  1. Human Augmentation

The potential of the human body in order to enhance its abilities isn’t confined to just novels and movies now. A research report states that the market of Human Augmentation is sure to touch 206.9 billion dollars by the beginning of 2024.

In addition, it is anexpectation that the majority of the share will flow from wearables alone. Also, China, in recent times, is expected to stand as a global leader in this particular domain bearing the highest CAGR. Moreover, the aspects of the sector’s growth include mobile technology, big data analysis along with plenty of data-rich communication challenges on the internet’s part.

  1. Extended Reality

Before beginning with any discussion regarding ER, it is crucial to present what it actually is. Something beyond the virtual it is. Yes, it is the merger of the computer-generated ambiance with the virtual and physical world. It is one of the technology trends of 2020 whose use has already begun majestically.

Besides Augmented reality, the ER functionalities are stealing the show.

Moreover, the principal applications include better visualization of data, enabling task worker and employee training. Also, by 2025, this market can reach 393 billion dollars. Some already prominent users of the Extended Reality are AugRay, VRee, Medtronics, etc.

  1. AI as a Service

It’s in the name. AIaaS are AI solutions that third parties offer in the mode of cloud services. With this, businesses and individuals are free to experiment with weaving AI without investing much.

Furthermore, Microsoft is currently enabling its users to diverse Machine Learning apps in unison via its Distributed Machine Learning Toolkit. Also, the application programmers can employ Watson Intelligence via the assistance of Watson Developer Cloud by IBM.

In this manner, the technology trends of 2020 are quickly weaving business conduct and individual lifestyle majestically.

 

The Power of Augmented Reality for Business

Taking a tour at the shopping mall to buy a pair of new jeans, you’d want to try out a couple and pick the one that fits and suits you. Or, time to replace the old media table and check how it complements the ambiance of the interior. Physically, of course, that’s what is common but tiresome. Imagine such scenarios being accomplished at the comfort zone of your couch. The power of augmented reality for business allows you even more!

Furthermore, Augmented Reality applications along with Virtual Reality applications are groundbreaking discoveries in the science and technology world. Tech giants around the world bring about new updates every moment regarding AR and VR products. Thereby, they are inviting vehement transformation in a snap.

Benefits of Augmented Reality for Business

The demarcation between the physical and the digital realm blurs out thanks to the contribution of AR and VR. Interaction between colleagues, customers and the individuals have smoothened up with this whole new techy introduction.

Moreover, as per the recent and fresh report of Digi-Capital, the AR applications have the potential to reach 3.5 billion installed foundations and up to $85-90 billion within 5 years. While the stats of the VR base is relatively weaker when compared to the versatile and feature-pregnant AR.

When compared to the VR, the AR tends to be more diverse and ubiquitous. While VR generally is concentrated only on the idea of immersing the user into a virtual world: great for gaming and 3D movies. Therefore, contributing to the popularity of the versatile counterpart more.

Augmented Reality Uses in Business Industries

We are the witnesses of a whirlwind of a commercial shift in the contemporary business realm. Tractica’s anticipation says that the installed base will expand more than 2.2 billion applications.

Now, some light on the uses of Augmented Reality in different business industries.

Retail

Virtual fitting rooms. There you have it. It lets the buyers decide upon the size, design, fabric, etc. This is the instance of an in-store experience. However, the out-of-store AR experience lets the customers see if it fits and suits them from their house itself.

In addition, through this, Augmented Reality for business also smoothens customer experience thereby keeping up with the ever-changing user demands.

Real Estate

The quest for dream homes come to an end thanks to the contributions of Augmented Reality applications in the Real Estate domain. Customers can visit ample plots and spaces filtering out the aspects they don’t need thereby narrowing down to meet their exact demands. Also, this saves time for both parties bringing efficiency on the table.

Moreover, the AR apps for Real Estate are amazing tools for construction site workers as well. They give blueprints and other related images a 3D definition which lends a clear view of how the complete must look like. Now, this serves both the interests of the realtor as well as the home seeker.

Design and Creative

Augmented Reality uses are manifold. They serve the design and creative field in a full-fledged manner. Apps enable businesses to superimpose 3D designs into physical areas. And this, in turn, opens the gates for delivering powerful sales as well as marketing material.

Furthermore, CAD modelers benefit enormously from what AR has to shower for easier workflow as well as presentation.

Interior designing ideas get refined with the AR empowered applications. With them, you can see how well a piece of furniture fits your interior. Simply place the camera at the space intended to fill with the item and see if it impresses you. Thereby, making purchase decisions clearer, quicker and easier.

Tourism and Maps

Street view? That is most of you thought. Not just that, the sky is the limit with Augmented Reality apps. Street signs and road maps assist the users to navigate as well as explore the city.

What’s more? You can even view and give a little tour of the hotel you decide to check-in for the days. Intend to stop by a museum? Place your phone’s camera on a skeleton and the app will show you how the animal looked with flesh and skin. So, that’s Augmented reality for business.

Healthcare

AR apps have helped the healthcare industry grow strongly. Certain apps can determine the symptoms of patients presenting them with detailed impacts of the problems. Thereby, they tend to enable the patients to better perceive the symptoms.

Besides, Augmented Reality for business in the healthcare industry, helps nurses find veins quickly and accurately. There’s so much more the healthcare domain serves!

Training and Education

Similar to smart classes that involve a projector to visually present objects and labelings, AR technology is steps ahead.

Augmented Reality technology strives to make education more engaging and less boring. With the effective visuals, it is proven that the important points retain in the minds of the youth for long.

Moreover, they tend to deploy detailed and thorough instructions maintaining each step with visual representation in detail. Also, this contributes to a better perception of the subject.

In addition, with AR apps, on-the-job training has become more effective and prompt bearing results that make a difference.

 

Augmented Reality solutions are, in fact, a common technology that businesses turn to for the betterment of their operations. Regardless of the domain, it is important to every industry in ample ways. This is how valuable, now, Augmented Reality for business is.

 

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