Since a couple of years, many technologies are developed which has changed our lives drastically and it is not possible to list each of them. However technology changes very fast with time, we can detect the trends in which it changes. In the year 2016 had bought so many latest innovative ideas and creations towards integration and automation etc., and this year 2017 is also predicted to continue with the same type of trend.
In this article, we are going to see some of the most dominating trends which will make us look beyond the horizon.
Gartner’s 2016 Hype Cycle for developing technologies have known several technologies that will be trending this year. The cycle shows the fact how technology innovations are redefining the coordination between the customer and marketer.
This year, Gartner has identified Connected homes, Block-chains, Cognitive Expert Advisors, Software Defined Security, Machine Learning etc. as the overarching technology trends which have the potential of reconstructing the business models and providing enterprises with the certain route to developing ecosystems and markets.
Internet of Things & Smart Home Tech: With the arrival of IoT, we already see the world of interconnected things, aren’t we? In 2016 our dreams of living in smart homes are met to some extent. So, what is stopping us from fulfilling our dream of living in smart homes?Well, the reason is that the market is full of ample personal apps and appliances, but only a little amount of solutions incorporate them into an inclusive, single user experience. It is expected the year 2017 will notice this trend to experience a big step towards fulfilling our dreams.
Block-chains:
Commonly known as “Distributed Ledger Technology” for both financial and non-financial transactions is one of the mystifying ideas that technologists could only understand to the fullest. Several developments in Block-chains have assisted many people and more businesses in 2016, to experience its potential in finance and banking industry. This year, it is predicated that block-chain technology would go beyond just banking sector, assisting the established and start-ups businesses to address the market requirement with several application offerings.
Artificial Intelligence & Machine Learning:
Recently, Machine Learning and Artificial Intelligence have taken the entire world by storm with its innovative technologies and amazing inventions. By focusing on the on-going development in this field, it will be no longer an imagination to experience the world where machine and robots will rule the society.
We had seen the rise of ML algorithms in the year 2016 on almost all main e-commerce portals and its connected mobile apps, that is further predicted to spread across on all social networking platforms, matrimonial websites and dating websites in 2017.
Software-defined Security:
Last year, we have seen a significant development for boosted server security. Many companies have started identifying the importance of cybersecurity to allow their move of developing as a digital business. The development of cloud-based infrastructure is a reason for a great demand for managing unstructured data and however, the due to less technical expertise and threat to data security are the main factors impeding the significant development of software-defined security market in the year 2017.
Automation:
Throughout 2017, automation will be the mainstay, the coming years will be transformative for IT, allowing the automation of human performed tasks. When ML is integrated with automation, the marketers are liable to witness huge business possibility with improving market results.
Augmented Reality (AR) & Virtual Reality (VR):
AR and VR change the way users communicate with each other and software systems. The year 2016 has experienced path-breaking phases in AR and VR technology. The market had received an amazing response from the users with the launch of Oculus Rift, making way to a plethora of VR-based games and apps. Moreover, when Pokémon Go was launched, it has totally re-defined the gaming experience definition. It was one of the most downloaded and profitable the mobile application of 2016.
The response for VR and AR technology has received last year was far-fetched and it forecasts that the world is ready for tailored this trend to the next levels in 2017.
On-Demand Services:
From the last many years, the global market has been experiencing a great response for on-demand services. Thanks to the startup including Twiggy, Uber etc. that started the fleet of providing on-demand food delivery and cab services on just single click. This trend has triggered the growth of several mobile apps, providing several on-demand services on the fingertips.
Intelligent Apps:
Intelligent app consisting using PDAs (Personal Digital Assistants) which have the quality of transforming the workplace into more effective and interactive communication. Using AI technology, service providers will focus on the independent business procedure which will use the big data tools to the fullest, towards improved customer experience levels.
Humanized Big Data (Visual, Empathetic, Qualitative)
Since many years, Big Data has been the buzzing topic and have created a trending topic in the global market. The aim is that huge amounts of gathered data- which we have access to help us in every little thing i.e. from planning advanced health treatments to develop exceeding business promotion tactics.
Big data’s biggest strength is its numerical and quantitative foundation, which is also a key weakness. By experiencing the success Donald Trump had in USA elections, there arises a big question mark on the Big Data analysis and its practice in decision making. It is anticipated that big data in 2017 will undergo major advancements, which will help the marketers to humanize and seek empathetic, qualitative bits of data for projecting it in a more visualized manner.
What do you think of these dominating trends?
Most of us know that making the premise is basically a puzzling feat, but to literally call something related to future technology in a year of time is a useless exercise. There may be some newer above-listed trends, but the ones referenced are most likely to draw attention from the market. This forecast will definitely assist the promoters to plan for their further business strategies and to deploy proper resources who are having proven expertise in these technologies.
