Top 5 Tech Trends of 2018
Yes, we’re halfway through 2018 and you may be thinking this blog is a little too late. But, again we’re halfway through 2018 and it means we still have another half of 2018 left. So we decided to compile a list of 5 tech trends we think will follow till end of 2018 and onto 2019.
Artificial Intelligence (AI) continues to be relevant as ever. AI will not only be used in decision making, reinvent business models and ecosystems but it will also have a major hand in reinventing the customer experience. Just recently, Google launched the next phase of Google Assistant at their I/O conference. We are able to engage in a two-way conversation with such virtual assistant. Not only Google, but many different digital brands have virtual assistant where it has the intelligence to converse and know what we mean.
With so many people, now more than ever, making their digital presence, you can only imagine the degree of data available online.The amount of data that’s being created and stored on a global level is almost inconceivable, and it just keeps growing.
But it’s not the amount of data that’s important. It’s what organizations do with the data that matters. Many companies have been investing in big data analytics tools. Why? Well, because big data can be analyzed for insights that lead to better decisions and strategic business moves.
Simply put, Internet of Things or better known as IoT are the physical devices all around the world which are connected to the internet. It collects and shares data. Take for example, a toothbrush which collects the amount of germs your mouth has and shares that data over internet. A fan that can measure the density of dust being connected to the internet.
Although Internet of Things or better known as IoT has been a trending topic since the last few years, it will still be as or even more important now. IoT serves as an enabler for large scale data analytics and AI. IoT is unique in the sense that it reaches people and objects that technology could previously not reach.
Blockchain Technology is gaining more and more interest across the world. A blockchain is a “decentralized, distributed and public digital ledger that is used to record transactions across many computers so that the record cannot be altered retroactively without the alteration of all subsequent blocks and the collusion of the network”. Blockchain technology is a critical element of cryptocurrencies – without it, digital currencies like Bitcoin would not exist.
5G is the fifth generation of wireless technology. Although 5G isn’t expected until 2020, many companies have already started investing on creating 5G products and field testing them. 5G brings with it greater speed, lower latency and the ability to connect a lot more devices at once.
What do you think?
Did we miss out any tech trends from your list? What else do you think should be included in it? We’d love to hear from you!
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