At the beginning of 2018, technology trends and concepts such as AI, cloud computing, IoT were just starting to be ‘mainstream’. Throughout the year we have seen the advances in computers, machines, “things”, and algorithms that allow these technologies to handle more mundane tasks, increasing productivity and efficiency in the workplace.
The technological advances in the trends we have seen, read about, and even wrote articles in the past have shaped many businesses and industries around the world and will continue to do so even more in 2019. With that being said, here are our 5 picks for top technology trends that will transform 2019:
Internet of Things (IoT)
In what now seems like the “olden days”, only computers could connect to the internet. In the last few years many “things” are now being built with WiFi connectivity. You can now buy light bulbs, refrigerators, cars, watches, doorbells, thermostats, and many other “smart”, and connected objects. These objects make our lives easier and safer. For example, you can listen to music on a run through your watch without the need of carrying a phone. Also, you can turn off and on appliances with an app, and you can even see who is at your door if you are away. The connectivity between all these “things” is where the phrase “Internet of Things” comes from.
Forecasts expect that 20.8 billion “things” will be connected by 2020, excluding smartphones, tablets, and computers. This will make the dream of smart cities and businesses a reality. There are huge opportunities as IoT device continue to be introduced, the ability to automate critical functions and gather vital physical-world information reduces the risks of business loss and human error, increases exponentially. The potential of IoT is only limited by imagination.
Artificial Intelligence (AI) is already having a transformative impact in every industry from helping employees at transportation companies predict arrival times to predicting toxins in grains of food. AI is helping scientists learn how to treat cancer more effectively and farmers are figuring out how to grow more food using fewer natural resources.
Arguably, AI should no longer be considered a “trend” since it is already established, and we are already seeing a lot of powerful and positive changes.
Currently, we see AI being used through self-driving cars. With the improvements of AI, more self-driving vehicles will be available in the near future such as buses, trains, and possibly planes.
The upward persistence of AI will continue throughout 2019 by bringing advancements in the medical field, providing aid for developing countries, reducing dangerous jobs, providing disaster relief and rescue help, providing accessible tools for people with disabilities, and much more.
By harnessing the power of AI through Microsoft Azure and Power BI the potential for your business is limitless. With the flexible Azure platform and a wide portfolio of AI productivity tools, you can build the next generation of smart applications where your data lives, in the intelligence cloud, on-premises, and on the intelligent edge.
Machine learning is one of the possible ways machines can achieve artificial intelligence. It is a concept that enables a machine to learn on its own given enough data, without the need for a human being to teach it anything.
Machine Learning can learn from data, identify patterns and make decisions with minimal human intervention.
While many machine learning algorithms have been around for a long time, the ability to automatically apply complex mathematical calculations to big data — repetitively and at faster speeds — is a more recent development.
Microsoft is introducing four new AI-related features in Power BI. It will soon let business analysts build and use machine learning models with minimal expertise, and no code. With Machine Learning already benefiting to manufacturing, retail and consumer goods, financial services, transportation, and so many more industries, we are foreseeing great things in the future.
Virtual Reality and Augmented Reality
Virtual Reality and Augmented Reality have become a big trend in the last year and. We see Virtual Reality being used for games, learning, movies, but beyond that, VR is being used for much greater things as well.
These headsets are being used to treat anxiety, phobias, and depression by providing a safe environment for patients to encounter things they fear, whilst remaining in a controlled and safe environment.
Mixed Reality has become a big technological advancement in many industries and businesses worldwide. Microsoft said there are about 80% of the global workforce (over two billion people) employed as “first-line workers,” people who represent a company to the outside world. These first-line workers are tasked with finding and supporting customers, presenting business aims and providing demonstrations of the firm’s products.
Mixed Reality (such as Microsoft HoloLens) changes this, allowing workers to keep their hands free while having the data exactly when and where they need it and simultaneously seeing their workspace. We have seen this being used in Architecture and Construction, Manufacturing, Car Assembly, Education and training, and finally, the Medical Field. With technology, there are always improvements that can be made. With Mixed-Reality, 2019 brings improvements for the industries we discussed and improvements for this technology to be brought into new industries.
Simply put, cloud computing is the delivery of computing services — servers, storage, databases, networking, software, analytics, and intelligence over the internet (“the cloud”) to offer faster innovation, flexible resources, and economies of scale. You typically pay only for cloud services you use, helping lower your operating costs, run your infrastructure more efficiently, and scale as your business needs change. Cloud computing is a big shift from the traditional way businesses think about IT resources. More and more businesses are harnessing cloud computing to enhance their business model, strengthen security, and overall efficiency.
Microsoft is one of the leading global providers of cloud computing services for businesses of all sizes. Microsoft Azure is an example of a public cloud. With a public cloud, all hardware, software, and other supporting infrastructure is owned and managed by the cloud provider.
By 2020, it is expected that 80 percent of businesses will be using the cloud. Don’t get left behind in the business world.
We have high expectancy and visions in these trends and foresee them doing even greater things in the new future.
Let us know what you think. What other trends do you think will emerge in 2019, and what trends are on the rise?