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Technology Trends for 2019

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The rapid development of technology with acceleration has made it the principal factor for social, economic and political changes in the world.

It has become a large spectrum of human activity and therefore it has a potential of overpowering human minds. Though every single technological up gradation is created and invented by humans, soon it can happen that humans will become lesser powerful in terms of technology.

Going into 2019, there shall be various tech trends that shall shape the entire universe including

Trend 1: Easier access will accelerate adoption of game-changing technologies

Until now, industry players have spoken about innovative technologies somewhat theoretically, without providing a clear picture of how these powerful new innovations will be used. This has left people without a solid understanding of how they will ultimately manifest in our work and personal lives. Think analytics, machine learning, artificial intelligence, blockchain, and containers, just to name a few.

That’s starting to change. The application of game-changing technologies is becoming more pervasive and their adoption is growing steadily. It’s believed that they’ll be firmly embedded in many of the core processes and technologies we use, within the next 3-5 years.

We’ve seen how artificial intelligence (AI), machine learning, robotics, and virtual and augmented reality have started to converge to deliver compelling outcomes in just last year. This is expected to accelerate.

One reason that adoption is increasing, is an improved understanding of how and where to use such technologies. And of course, we’re also seeing growth in the number of skilled people who know how to leverage them.

Easier access is already accelerating adoption of key technologies

Another important contributing factor for more rapid adoption is improved access to such technologies, both from a platform and cost perspective. The hyperscale cloud providers at an infrastructure-as-a-service (IaaS), platform-as-a-service (PaaS), and software-as-a service (SaaS) level, such as Google, Microsoft, Amazon, and Salesforce are starting to embed these capabilities into their offerings, or making them available as a platform to be used by third parties.

This is helping businesses overcome the hurdles they’ve faced in the past. Now they can get access to game-changing technologies without having to invest in building their own algorithms and platforms. Instead they can focus on how to exploit these technologies and speed up the rate at which they get business value.

Bots and robotic process automation are already becoming part of our everyday working and personal lives. It’s relatively simple to create a bot that will access all a company’s sales support systems, and provide a consolidated dashboard. These dashboards can be unique to each customer service employee – paving the way for more informed decisions. It’s changing the way we work, the service levels we can provide, and our effectiveness.

3D printing has also been around for some time, mainly based on resin or epoxy-based materials, but we’ve seen this move quickly to metal-based 3D printing, which is opening up a multitude of new use cases.

Trend 2: Identity will emerge as the killer app for blockchain

There’s been a massive amount of investment in blockchain in the last 12 months. In the financial and capital markets, blockchain-based platforms are rapidly starting to dominate. We’re now starting to see this extend to additional settlement areas such as equity trading. There’s also been a proliferation of blockchain-based smart contract platforms across multiple vertical segments, both in the private and public sectors.

The market is starting to see ecosystems of value emerging around the blockchain platform vendors, such as R3/Corda, Ripple, and Ethereum. Platform providers are beginning to align to verticals or specialised applications, and it’s interesting to observe the emergence of ecosystem incubators developing additional applications for a specific vertical, on a particular platform.

It is believed that identity management will emerge as one of the killer apps for blockchain in the next 3-5 years. It’s a topic that’s never quite been resolved in the industry.

It is believed that moving identity management into a blockchain environment could offer a solution to many of the current challenges, and in addition, open an entire new value chain, centred on identity.

Consider the other value chains that could emerge … perhaps allowing individuals to truly own and control their identity and its attributes, and selectively allowing the use of such attributes by third parties in transactions or interactions. This could fundamentally change how we conduct financial transactions or even sensitive interactions regarding our health ─ all attributes relating to our identity. There’s no doubt that blockchain-based innovation will expand and accelerate over the next 3-5 years.

Trend 3: Companies will learn how to extract value from data, while respecting privacy

Data value management is a topic that will dominate our industry in the next 3-5 years.

Today, almost every company has access to large volumes of data. But it’s what they do with that data that will define the business models of the future. This isn’t necessarily a new statement, but the context and impact has escalated dramatically. Current business models will be re-engineered by the value of the data that’s generated by existing activities. The value of the data will supersede the value of traditional revenue activities ─ an interesting concept in its own right.

The concept of data value management will become one of the most important investment areas over the next 3-5 years due to its monetary value potential, but it will also become one of the major driving forces of investment to create more data. Businesses have strived to become more digital in nature, but those that excel in managing the value of their data, re-engineering their business models, and establishing new revenue streams, will become the true digital business heroes of the future.

Monetisation of data must respect privacy

Of course, ensuring that people’s personal particulars aren’t shared illegally is critical for any business considering going down this path. Regulations regarding data privacy continue to grow, both at a country and vertical industry level. Fortunately, the increasing interest in data value management is spurring massive innovation to address the issue of privacy.

Data sources are growing, the granularity of the data itself is improving, and because of this the potential value that can be extracted is growing even faster. The increasing challenge is how to derive insights from disparate and distributed data sources, without infringing regulatory or basic confidentiality guidelines. Anonymized data analytics at scale is an ongoing challenge and finding ways to gain the rich insights without sharing source data or causing breaking the law will become barriers to growth, if not solved.

Trend 4: The Internet of Everything will change our lives for the better

The number of things connected to the Internet in 2008 exceeded the number of people on earth. By 2020, it’s expected that 50 billion things will be connected, and this goes way beyond ‘things’, it becomes ‘everything’ or simply the Internet of Everything (IoE). The IoE ecosystem will connect the online and physical worlds in ways we’ve never imagined and society will become increasingly technology-driven as a result. There’s not a part of our lives that will go untouched. Automation will take on a new meaning, data value management will be accentuated by the richness of data, and AI will ingest the data to drive intelligent insights and outcomes we’ve never seen before.

The human API will evolve

The IoE will encompass every area of our lives, transforming the way we provide healthcare, and the way we live, work and learn. It will re-engineer our lives through what we increasingly refer to as the ‘human API’ enabling us to interface with various connected systems in ways that are hard to anticipate. The scope of biometrics will expand from what we understand today, to include gestures, emotions, expressions, and many more aspects, triggering automated system reactions to complement, ease, or enhance our activities.

Trend 5: Disruption will drive consolidation among tech vendors

A period of unprecedented change and disruption for major technology vendors driven by factors largely outside of their control is anticipated. Not only are technology consumption patterns changing, but how innovation is driven, products are developed, and intellectual property is shared in an open source and free manner. All of this is driving disruptions that are hard to predict or manage.

The emergence of new technology giants, with very different business models, is driving some of this change – and shifting the landscape at a scale not seen before. The increasing market dominance of the FAANGs – a term coined to describe Facebook, Amazon, Apple, Netflix, and Google – and a resurgent Microsoft, are leading this disruption.

FAANGs don’t buy their technologies from original equipment manufacturers (OEMs) like HP, Dell, Cisco, or IBM. Instead they source technologies or components from original device manufacturers (ODMs), write their own code and build their own solutions. This diminishes the addressable market for OEMs.

The rise of the FAANGs will cause a shake down of the OEMs

The effect of all this on OEMs will be significant, and in some market areas OEMs are already competing for roughly 40% of the total addressable market. As time goes on we’ll have a lot of big fish competing in a smaller and smaller pond – and it’s foreseen that the big fish will start eating the small fish… I believe that the vendor landscape is going to undergo a metamorphosis over the next 3-5 years and those that emerge, will look very different.

 

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Technology Inventions to Shape the Future

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Inventions have been with us since time immemorial. Humans have always looked for ways to make life easier, by inventing things that will help our existence. More technology experts keep on emerging every day with great inventions. Humans welcome inventions especially technological inventions because they simplify work, enhance safety and increase the efficiency of services in our everyday life.

Although technological inventions have had their fair share of drawbacks, it is evident that some inventions are helping the world at a high level in almost every aspect, from communication industry, automobile industry to education and research industry, there are a lot of inventions that people can benefit from. Technology inventions have also taken the world of business by storm and have entirely changed the way business is conducted in the 21st century.

Here are some few more great inventions that will redefine our biosphere in the near future.

Hybrid Driving-Flying Robots

Flying robots could have a range of important applications in the future, a new study found. The robots can transition from driving to flying without colliding with each other and could offer benefits beyond the traditional flying-car concepts of sci-fi lore, the study said.

The ability to both fly and walk is common in nature. For instance, many birds, insects, and other animals can do both.

Robots with similar versatility could fly over impediments on the ground or drive under overhead obstacles. But currently, robots that are good at one mode of transportation are usually bad at others, study lead author Brandon Araki, a roboticist at the Massachusetts Institute of Technology’s Computer Science and Artificial Intelligence Laboratory, and his colleagues said in their new study.

The researchers previously developed a robot named the “flying monkey” that could run and fly, as well as grasp items. However, the researchers had to program the paths the flying monkey would take; in other words, it could not find safe routes by itself.

Now, these scientists have developed flying cars that can both fly and drive through a simulated city-like setting that has parking spots, landing pads, and no-fly zones. Moreover, they can move without colliding with each other, the researchers said. “Our vehicles can find their own safe paths,” Araki said.

The researchers took eight four-rotor quadcopter drones and put two small motors with wheels on the bottom of each drone, to make them capable of driving. In simulations, the robots could fly for about 295 feet (90 meters) or drive for 826 feet (252 meters) before their batteries ran out.

The roboticists developed algorithms that ensured the robots did not collide with one another.

“The most important implication of our research is that vehicles that combine flying and driving have the potential to be both much more efficient and much more useful than vehicles that can only drive or only fly,” Araki said.

Self-driving “air taxi”

While the rest of us are still waiting for self-driving cars to become available, Google cofounder Larry Page and self-driving car pioneer Sebastian Thrun are already working on the next big thing with Cora, the pilot-less air taxi from the ambitiously named Kitty Hawk Aircraft Company.

Unlike a lot of other flying car concepts, the Cora sports a total of 12 fans spread across its wings that allow it to take off and land vertically, just like a helicopter or Harrier jet. Then, once the plane is in the air, the Cora has a single large propeller for horizontal flight that can propel the aircraft up to 110 miles-per-hour with at a max altitude of around 3,000 feet.

The craziest thing about all this is that Kitty Hawk is planning to make the Cora fully operational without the need for a pilot or even a pilot’s license. Kitty Hawk is even working with New Zealand’s government to test and certify the Cora for full autonomous flight before its official launch, which is optimistically slated for some time in 2021.

However, with a wingspan of just 36-feet, the Cora isn’t exactly small enough to play nicely in normal-sized parking lots. Additionally, its electric motors only have enough juice to carry it about 60 miles, though since it can fly directly from point to point, instead of being forced to follow roads like our archaic four-wheeled vehicles, concerns about range may be less severe.

According to Kitty Hawk, this two-seat autonomous air taxi will come with three redundant flight computers that can control the Cora in the event of an equipment failure. If things go really bad, the plane will have an emergency parachute, too.

Kitty Hawk hasn’t provided a figure for how much each plane will cost to build, or how much the company is planning to charge for a flight. But thanks to support from the New Zealand government and a partnership with Zephyr Airworks to help operate its fleet, Kitty Hawk might be the closest company to making “flying cars” something people can actually get excited about—only, don’t let yourself get too worked up about it just yet.

Flying cars always seem to be right around the corner, but just in the last few years, we’ve seen vaporware like the Aeromobil get announced alongside other ventures like Uber Elevate’s ridiculous flying taxi project, which has also struggled to get off the ground.

Humans have fantasized about flying cars in one form or another since the 1920s. But here we are—it’s 2018 and we’re still waiting for the tech, infrastructure, and laws to catch up and free the masses from having to cruise around on asphalt.

Wired Roads to power electric cars

A new wireless power system that could help to offer a more efficient way to charge electric vehicles on the go, according to a new study.

Researchers at Stanford University adopted a concept from quantum physics to produce a wireless charger that does something other wireless chargers cannot: automatically tune the frequency of the radio wave — the medium that transfers the power — to account for changes in the distance between the charging pad and the device. In an experiment, the team showed that its system transferred power with 100 percent efficiency up to about 27 inches (70 centimeters).

“The range is perfect for electric cars,” Sid Assawaworrarit, a doctoral candidate in electrical engineering at Stanford University, said. “The floor of a car is about 20 centimeters [8 inches] away from the road’s surface. You could embed the charging pad below the road surface.”

Assawaworrarit and his colleagues reported their research in a study published online on June 14, 2018 in the journal Nature. Although other wireless-charging devices, such as those for phones, already exist, the efficiency drops dramatically if the device is too close or too far away from the charger. This means a phone has to be placed on top of a charging pad to work best, and an electric car needs to be parked directly over a pad to recharge efficiently. As such, electronic devices are still tethered, albeit invisibly, to their power source, according to Assawaworrarit.

Assawaworrarit and his team created a wireless power system that doesn’t use a source for radio waves, nor does it require a tuning circuit. It also works even if the distance between the resonant coils fluctuates, the scientists said.

Earprint to substitute fingerprint?

Thought your fingerprint was secure? Think again. Researchers at Michigan State University last year proved it can be hacked using little more than an inkjet printer. This is what inspired the scientists from Descartes Biometrics to develop a new identification device – the earprint. It sends the sound in your ear which is then echoed back. This echo is different for every person.

If you want to utilize Earprint, you’ve got to download special software called the ERGO software on your phone. (ERGO is a software toolkit providing ear biometric authentication technology utilizing the touch screen and various sensors of a mobile device.)

This software will then use the smartphone sensors to do its job. The process is quick and easy: you just need to press the touchscreen against your ear. Authentication takes about one second, and the company says, improves with use, storing up to ten scans of the user’s ear. So, this device might as well substitute fingerprints in the future. This latest technology invention can bring a new era for the cybersecurity world.

 

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