Technology…Technology became an un-separable part our life. It makes the way of doing things easy, effective and fulfilled our basic needs. We became obsessed with some specific technology like internet, cloud tech, television etc. When & how it became so important to us that we can’t live without these?
It all started with little innovations to do our daily works in the easiest way possible like electricity, transport vehicle, television, telephone etc. We humans developed these to fulfill some of our needs. The most important innovation was a telephone. It brings people from all around the corner of the world closer.
The next would be innovation in agriculture and it’s highly needed for countries with a huge population as the production rate became faster.
Now, this technology upgraded than before and we are surrounded by it. Just have a look around you and you could understand why it’s so important for us. Starting from just an electric energy now it reached to things like blockchain, cloud tech, spacecraft and many more. Technology has given rise to the business world and subsequently to the opportunity of more employment.
Even in India government departments became digitized and our central government is thinking to use blockchain technology for seamless & hassle free operation. Currently, the most trending tech is blockchain and SAAS.
After GST implementation in India, accounting software became the top most searched term on Google. This is the best example to define our need for technology.
Let’s have a look at the top trending technologies to watch out for in 2018:
- Artificial Intelligence (AI)
- Augmented Reality & Virtual Reality
- Cyber Security
- Machine Learning
Artificial intelligence is a type of computer science technology that processes human intelligence in computer systems. Artificial technology includes robotics, cloud tech etc. In layman language “Artificial Intelligence” is the process of automation in every sector.
There is a myth about AI is that AI will replace humans but it’s not true. AI is just helping humans to do things in the faster way possible with increasing effectiveness and minimizing errors.
Some examples of Artificial Intelligence: Robotics, Machine learning, Automation
Advantages of artificial intelligence
1- Artificial Intelligence makes human life easier by making tasks automated and reduces human involvement
2- It reduces the risk of error and helps in performing the task at a much faster rate than before
3- Daily applications invented for easy access and fun life like google assistant, Siri, WhatsApp, SnapChat etc.
4- Cloud software helps businesses for seamless operation.
Augmented Reality & Virtual Reality
Augmented reality is a technology which overlay existing real scenario with computer-generated information.
Augmented reality is a new technology also became very popular with short duration.
Virtual reality simulates real situations in a 3-dimensional world with the use of a computer.
IOT is the interconnection between devices, vehicles etc. embedded with software, sensors, electronics etc. which enable them to transfer data among themselves.
IOT helps in getting more data for a better decision. If you know how many groceries, vegetables, medicines etc. left in your home without doing a manual check then you can take your buying decision easily while saving your time.
IOT can be used in the healthcare sector, agriculture, transportation, manufacturing etc.
BlockChain initially developed to promote Bitcoin but thereafter it has been used by other industries. The blockchain is a platform where all necessary documents can be kept safely. It simply a network of blocks and managed by the peer-to-peer network.
Currently, Govt. of India think of using this technology to keep its documents safely and to have easy access from anywhere.
Here are some best advantages of BlockChain:
- Very Trustworthy system
- Quite Transparent unlike others
- Provide faster transaction with less cost
Cyber Security incorporates technologies, systems, and processes to secure online data, system, and network from cyber attacks.
A cyber attack can harm a company’s reputation, can disclose financial situation etc. A company always needs to adopt technologies to prevent any cyber attacks.
Machin learning is an application of Artificial Intelligence to let systems automatically understand and analyze situations or issues without taking any help from a human. Machine Learning developed to reduce human interference.