Technology Trends to Watch

Technology is constantly changing. Certain trends fade away, while others gain traction when large companies invest in or integrate industries with them. The pace of technological innovation is increasing and it’s vital for businesses to keep current with the latest trends in order to benefit and not fall behind.

Artificial intelligence is among the most widely used technological trends. It is used in a variety of business applications like image and voice recognition, smart assistants, and navigation apps. The trend is expected to increase in the coming years as software and hardware improvements make it more accessible and affordable.

The next tech trend to be watched is blockchains and distributed ledgers. This super-secure way of storing and authenticating data will revolutionize a variety of business processes. The healthcare industry is one example. Healthcare companies are taking it up because of its potential to enable secure transactions.

Biotechnology is another area which is poised for disruption. AI automation, robotics, and DNA sequencing are causing this revolution. The possibilities include hyper-personalized therapies, gene-therapies and genetically-based recommendations for food and exercise. Businesses must determine their bQ, also known as the biological quotient, and determine whether to incorporate these latest technologies in existing R&D projects or collaborate with science-based start-ups.

Drones and unmanned air vehicles (UAV) is another trend you should be aware of. These devices allow companies to collect data and other information in remote locations or areas that are not accessible as well as reduce costs and downtime.

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