Sunday, February 24, 2019

Top technology trends adopted by many industries


"We have to stop optimizing for programmers and start optimizing for users."— Jeff Atwood

Here are the top technology trends you need to know to work in most of the industries.

1. Internet of Things (IoT)


One of the biggest tech trends to emerge in recent years is the Internet of Things. Simply put, the Internet of Things (IoT) is the idea that all technological devices can be connected to the internet and to each other in an attempt to create the perfect merge between the physical and digital worlds. How will this impact? It depends on your industry.


For example, for people who work in marketing, advertising, media or business management, IoT could provide a wealth of information on how consumers engage with products by tracking their interactions with digital devices. In turn, this data could be used to optimize marketing campaigns and user experiences.


How it’s affecting industries: The really cool thing about IoT is that it’s not only changing the way we do business but also the business models we use to do it. For example, according to Deloitte, flexible consumption models (also known as pay-per-use models) are going become increasingly more popular across all industries as new customer data becomes available.

2. Machine learning


Another exciting emerging technology is machine learning, which is essentially a computer’s ability to learn on its own by analyzing data and tracking repeating patterns.


Machine learning is an application of artificial intelligence (AI) that provides systems the ability to automatically learn and improve from experience without being explicitly programmed. Machine learning focuses on the development of computer programs that can access data and use it learn for themselves.
For example, social media platforms use machine learning to get a better understanding of how you’re connected with those in your social network. They do this by analyzing your likes, shares and comments and then prioritizing content from your closest connections, serving you that content first. 

How it’s affecting industries: In addition to shaping your day-to-day interactions with friends on social media, machine learning is also changing the way companies do business with customers. According to Deloitte, companies like Google are using machine learning on mobile devices which can continue learning even when offline. The result? Machine learning is reshaping the way businesses interact with their customers in a big way by helping them anticipate and meet customer needs more easily.


3. Big Data and Predictive Maintenance Technology


Manufacturing industries can significantly increase their efficiency and productivity with the technologies that allow them to collect, process and measure big data in real time. These technologies include electronic devices that connect factories through the internet and web pages that double as dashboards for controlling the processes. Predictive maintenance technology helps predict snags and defects and thus cuts downtime and costs. In the future, manufacturers will implement big data and predictive maintenance technologies in every area of manufacturing. IoT is a part of big data and predictive technology that manufacturers are already using with remarkable success. 

 Advanced technologies have been the driving force behind the growth of the manufacturing industries, and they will have a greater role to play in the industries of the future. As new technologies emerge, manufacturers will adopt them, or they will be forced to choose them to survive. On their part, the technologies will change the industries beyond recognition. For example, 3D printing is already changing the way many manufacturers design and manufacture their products.

Apart from these, various technologies are emerging day by day. Stay connected for more upcoming interesting technology ideas and facts.