GovBrain Predictions: Hot and Cold Technology Trends for 2017
You’re a venture capitalist, angel investor, private equity analyst, fund manager or corporate strategy director. You know the best technology trends based on your gut instincts and experience, but changes in “what’s hot” and “what’s not” can occur daily. In 2017, you can’t afford to be on the wrong side of tech trends.
GovBrain’s predictive software has you covered. Still betting on EdTech and HealthTech? Better watch it. GovBrain says these trends are cold. Missed the cloud computing and big data revolution? No need to put money there because we think that train has already left the station. Do you think that E-commerce and Internet of Things still has tremendous upside? We agree.
We also believe Autonomous Cars are red hot, but Supercomputing and Quantum Computing are not.
GovBrain can help you decide whether to keep riding those tech waves or let you know when it’s time to get off those waves quickly.
How do we do it? GovBrain’s methodology for investigating technology trends is simple yet powerful.
To predict a global tech trend when using the GovBrain system, you just type in the term or sector into our user interface. The automatic trend meter then takes over. It gives numerical readings on the trend’s strength in absolute value and reveals its numerical readings on the trends’ growth velocity over time. The velocity metric is based on the percent change in the trend meter’s absolute value. We conducted this trend analysis on a 90-day sample between August 30, 2016 and November 2, 2016.
The GovBrain system searches nearly 1,000 government, regulatory and legislative sources along with political, financial and technology news sites from around the world. If a technology trend is hot, medium, or cold, we can predict it.
We can also conduct queries on our 3-year-old database in order to examine how these technology trends affect publicly-traded corporations. We can give you a bullish or bearish sentiment analysis on stocks related to these trends. This includes a certain number of privately-owned companies that are close to an IPO.
We believe GovBrain Technology Trends analysis is quicker, cheaper and more efficient than Gartner’s “Hype Cycle for Emerging Technologies.”
So let’s get to the results.
Artificial Intelligence and Machine Learning
It was one of the hottest sectors last year and we believe AI and Machine Learning won’t disappoint in 2017. Chatbots and Robotics will see the largest growth. Deep Learning and Natural Language Processing are slowing down in terms of strength and velocity. Meanwhile, Neural Networks performed poorly compared to other trends in the sector during the last few months of 2016.
Automotive
Autonomous Cars, Self-Driving Cars, Driverless Cars, you name it, it’s all red hot in this sector for 2017.
Biotech
We rated BioTech and BioPharma as a mixed bag for 2017. Immuno-Oncology, Biomarkers and CRISPR will perform well. We think genome editing with CRISPR (Clustered Regularly Interspaced Short Palindromic Repeats) is awesome. But Stem Cells and Bioinformatics have seen better days, while Pharmacogenomics and T-Cells will struggle.
Cloud Computing
Uh-oh. We think Cloud Computing is one of the coldest sectors. If you have made money on this in the past, good for you. But it’s probably not a good idea to sink money into new opportunities here. The outlook for SaaS, PaaS and IaaS is weak in 2017. Also, stay away from Computational Power. Supercomputing and Quantum Computing are trending downward.
Consumer and B2B
Consumer Tech and Business to Business Tech will fly high in 2017. E-commerce, 3D Printing, Virtual Reality and Internet of Things will have strong growth this year. Connected Home and Augmented Reality will slow down.
Cyber Security
Anything related to cyber security will still be scorching hot in 2017, although Adaptive Security is touch and go.
Data
The outlook for Data Science is weak. Now is the time to exit this space or take bets off the table. We believe Big Data and Data Warehousing will be awful this year so be careful. Don’t put any new money into this sector.
Education
EdTech is cold and we don’t think it will recover in 2017. Stay away.
Energy
The key word “CleanTech” is slowing down as a trend, but we found that the phrase “Renewable Energy” is still a bright spot with an extremely high growth velocity, according to our prediction system.
Financial
FinTech and Blockchain will once again be strong performers in 2017. But not all is rosy in FinTech. Mobile Payments will slow down and Online Lending and Peer-to-Peer Lending will be laggards this year.
Health
Compared to its sister-sector BioTech, general-interest HealthTech is ugly and we recommend exiting this sector as soon as possible. Digital Health will also take a pounding pending the inevitable changes to Obamacare. Be careful in this sector.
NextGeneration/ Emerging Technology
All kinds of new trends will emerge from now until 2020, so think about getting in now. If you are looking five to ten years out, there are some pretty interesting plays. We think Brain-Computer Interfaces, Human Augmentation, Smart Data Discovery and Virtual Personal Assistants are worth tracking, according to our predictive analytics. Also, conduct due diligence and be ready to invest in 4D Printing, Device Mesh, 802.11ax, Neuromorphic Hardware, Smart Workspace, Smart Dust, Smart Robots and Natural-Language Question Answering.
About GovBrain
GovBrain, headquartered in Washington, DC, is developing FinTech software to help Fortune 1000 corporations predict world-changing events utilizing our patent-pending AI/ Machine Learning Platform.