5 Technological Innovation Trends to watch for in 2020
There is no denying that technology today has seeped into every aspect of our lives. Not only is it rapidly changing the world, but it’s also advancing towards making it a better place to live in. We saw various technological innovations in 2019 and we expect to see more innovations or the same technology trends in 2020 that have been developed further.
Let’s take a little closer look at  of these innovations.
1. Artificial Intelligence.
Artificial Intelligence is an area of computer science that emphasizes the creation of intelligent machines that simulate human behavior through algorithms. AI is now used in almost every business sector to reduce human intervention. It also has a major role to play in Cybersecurity and digital marketing. 69% of IT executives say that they cannot respond to cybersecurity threats without the help of AI. AI improves the accuracy in detecting breaches, increases the efficiency of cybersecurity analysts, reduces the time analysts spend to analyze fake positives and improves productivity.
In digital marketing, AI is being used to predict the behavior of a customer, delivering a personalized experience to the user, and unlocking new opportunities for marketers. We expect that in the future, AI will help create functional robots. An AI-driven virtual assistant will anticipate your needs and fulfill them without the need to give them any instructions. AI-driven applications allow machines to recognize your face to complete transactions when you link your credit cards and driver’s license. Research is already underway to develop new software applications that use AI to help doctors diagnose and treat patients.
2. AR and VR.
AR is an enhancement version of reality created by the use of technology to add digital information to a 3D image. Facebook has developed interactive AR adds to its news feed that lets you play games. Apple is also rumored to be developing an augmented reality headset, and we expect to see more of it in 2020.
The use of computer technology to create a simulated environment where the user can freely interact with the environment is Virtual Reality. VR has been on a nose-dive trend due to lack of content, but video games using virtual reality headsets like Borderlands 2 will play a major role in increasing the use of VR headsets. In the future, VR will be used to transition from PC based to standalone mobile VR devices and mapping of the real world.
3. The Internet of Things (IoT)
The Internet of Things (IoT) is a connection to any device you can think of that can connect to the internet or each other. This connection is achieved through unique identifiers on the devices and does not require human-to-computer interaction. It benefits the health sector in a big way. Sensors and variable devices can collect, track data, and instantly send it to processing. Health monitors transfer analytics instantly through this technology, which helps doctors across the world, analyze and deal with problems.
Cloud services have become essential for IoT deployment as they allow various devices in an environment to run cloud services without a connection to the cloud. The future of IoT has the potential to limitless advancements to the industrial internet. This technology will accelerate through increased network agility and integrated artificial intelligence.
4. Blockchain Technology
Information in a blockchain can be distributed but not copied, hence secure against fraud and hacking. This technology was adapted by Satoshi Nakamoto in 2009. Many of us know this technology for digital currency like Bitcoin, but it can be used to revolutionize other industries. It is currently used to track and trace compliance regulations, verify the authenticity of artworks, securely track, confirm, and execute oil transactions, reduce the settlement time of processing global payments, and increasing the transparency of cross-border transactions.
Based on recent news, Blockchain engineers have a 517% increase in demand. In 2020, blockchain technology will be used to improve water resource management and decentralize water reuse systems. According to Gartner, at least by 2020, countries will have a national cryptocurrency. This technology will have the ability to troubleshoot chain events, as well as manage uptime and connectivity. Furthermore, blockchain technology will be used for data privacy using identity-based encryption.
5. 5G network
Due to the availability of smartphones and computer devices, we are going to see slower services and more unstable connections. The solution is to open up a new spectrum that allows more bandwidth to many devices. This is where the 5G network comes in. 5G is the fifth generation of wireless network technology. It can handle 1,000 times more traffic and will be 40 times faster than the current 4G network.
5G network works with Millimeter-wave, Small Cell, massive MIMO, Beamforming, and Full-duplex technologies. The major concern for the 5G network is that it uses waves that are easily interrupted. By 2035, we expect that 5G will enable 12.3 billion dollars of global economic output. There are already countries that support 5G networks and compatible devices. We expect to see more countries warming up to this technology in 2020.