10 Futuristic Tech advancements that will change your business forever

Technology never lies. The innovative world of technology is witnessing enormous changes since the dawn of the new millennium. The inevitable advancements in the development of technologies are bringing a significant difference in the way of living. Probably, these technological advances are the reason why some businesses are still standing during the tough times of the COVID-19 outbreak. The breakthrough of smartphones, electronic devices, semiconductor chips, and what not is becoming acceleration factors of many businesses. But, this is not the end. It is the beginning of technology taking over human lives. Here in this write-up, we will dive deep into what more technology has to offer in the forthcoming years.

1️⃣ Internet of Things — A digital connection booster

You are reading about the ‘Internet of Things,’ maybe unknowingly, but you know what ‘Internet of Things’ is. The evolution of cell phones to smartphones is a perfect example of the Internet of Things. The term means the connection of things to the internet. Although this term is in three words, its sphere of understanding is broad and extensive. This three-word-term comprises words like computing processors, IoT gateways, embedded systems, and much more. IoT tops of the list of top 10 tech trends to follow in 2020. The widespread benefits of the Internet of Things are:

• Automation control
• Sending and receiving information
• Competent enough to save time and money
• Culminate in quality of life

2️⃣ Blockchain technology-Until forever

Blockchain technology will become part of the daily life of every business in the future. Thanks to the introduction of Bitcoin in 2018, blockchain technology is benefitting the spheres of health, finance, and several other sectors. The technology will offer excellent opportunities to businesses in terms of transparency, transactional security, and convenient traceability. Blockchain technology will eliminate the concept of intermediaries from firms. Following are the potential benefits of Blockchain technology in 2020:

• Provides transparent and chronological order of data
• Cost-effective technology
• Offers reliable traceability
• Track-able transactions

3️⃣ Machines talk, but now they will ‘see’ too.

The statement seems scary. Doesn’t it? But it’s true. A deep-learning ultramodern algorithm allows machines to recognize objects after seeing it. Researchers call it ‘one-shot learning.’ If IoT didn’t surprise, the tools with vision definitely will. The tech world’s ongoing developments say that the day is not so far when tools will become arguably smarter than humans and will surpass human minds. Below are the benefits of biologically-inspired vision technology in 2020:

• Introduction of accident-free autonomous transportation
• Drone with ultrafast speed
• Putting a full-stop to vision loss

4️⃣ Fifth Generation for Next Generation

If your addiction to 4G or LTE is not over yet, then it becomes necessary to tell you that 5G is here. The fifth generation of cellular network connectivity will come to a speed of up to 10 Gbps. The data transfer of minutes will convert in seconds or micro-seconds with the introduction of 5G technology. Benefits of 5G or fifth-generation technology are:

• Reduced latency
• Connected vehicles
• Smartphones becoming more smart and fast
• Superior speed in transmissions

5️⃣ Cybersecurity- A future business luxury

The computer-assisted frauds will come to an end with the introduction of cyber-security services soon. The personal information of any business will come with enhanced cybersecurity protection. It will improve productivity by slowing down the working of viruses and reducing a computer system from potential cyber-attacks. Following are benefits of cybersecurity for any business in 2020:

• Stops your website from shutting down
• Helps in preventing adware
• Assists in supporting your IT expert
• Enhances productivity

6️⃣ Artificial Intelligence –Replica of Human Mind

You are already moving on the path of Artificial Intelligence if you are learning to talk to SIRI. AI is one of the most emerging technologies in the world of advancements. The term Artificial Intelligence has enormous advantages to offer to the leading entrepreneurs in any professional sector. The progress in this field shows no sign of coming down. The vast improvement in the field of AI technology is the reason why it is witnessing a paradigm shift in all working sectors of our economy. Below are the benefits of Artificial Intelligence in 2020:

• Increase in business efficiency
• Improving user’s lifestyle choices by creating new opportunities
• Reducing cyber-crimes

7️⃣ Drones- For super tech-savvy entrepreneurs

This new exemplar technology of Drone-based inspections is assisting industries to enhance efficiency and quality of data acquirement while escalating safety and speed of delivery. Despite the introduction of this technology in 2018, not all businesses are aware of it. The best part of this technology is that it comes with obstacles eliminating potential that makes it super-fast and efficient for any business. It is going to leave a positive impact on any activity by reducing the risks of accidents and other major health issues.

8️⃣ Virtual Reality & Augmented Reality- something revolutionary

Over the years, the concept of Virtual Reality, Augmented Reality, and Mixed Reality is capturing businesses like anything. The perfect example of Augmented Reality technology is Pokemon Go. Remember the craze it generated among people in the very initial days of its launch? When digital information covers the real world, Augmented Reality takes place. Also, many businesses are including Virtual Reality for interactive user experience and better performances.

9️⃣ Nano Technology –a proliferating affair

Plentiful forthcoming benefits for health and the environment are what nanotechnology offers to any business. Nanotechnology is humanizing the competence of fuel production from raw petroleum materials via superior catalysis. It also enables abridged fuel consumption in vehicles and power plants via higher-efficiency combustion. Benefits of Nanotechnology are:

• Enhancing the life of fruits and vegetables
• Reduction in life-threatening diseases like cardiac-arrest and cancer
• Enhanced electronic devices

🔟 End of Newspaper Era

With the advent of technologies and everyday enhancement in electronic devices, the world of Newspapers will come to an end by 2020. While the advancements in electronic media showing no traits of slowing down, print media and newspapers will vanish by this year. The global pandemic coronavirus is also encouraging a remarkable decrease in the usage of publications. The print media industry is struggling.

After going through these top 10 tech advances, what do you think the world would be? It is a dark and unimaginable future humans are heading into, but these technological advancements are going to make a big difference. No one can imagine what industrial space would look like, but the innovations will become mainstream in the upcoming advanced years.