Technology continues to advance and evolve at breakneck speed. 2017 saw the growth of tech like self-driving cars, facial recognition, gene therapy, and machine learning, among others. Most new things are trendy. Fashion, ideas, slang. At first, each innovation is the cool, hot thing. If it’s particularly interesting or meaningful, it sticks and becomes integrated into society.
Essentially, in any field, there will always be trends and IT is no different. The question is always, what will these technology trends be? As we gear up for 2018, we put together a list of our predictions for the New Year. Without further ado…
Artificial Intelligence (AI) deals with the simulation of human intelligence in computers. Behaviors and capabilities like visual perception, decision-making, language translation, and more all fall under this area of science.
We predict that developments in AI aren’t going to slow down anytime soon. In 2018, it’s likely that businesses in a variety of industries are going to increase productivity by automating their workflows with artificial intelligence technology. In fact, a recent Gartner survey showed that 59% of organizations are still gathering information to build their AI strategies, while the remainder have already made progress in adopting AI-driven solutions. More applications and equipment are likely to begin incorporating AI into their functionality, helping businesses augment the day-to-day tasks their employees already perform.
Also known as the tech behind Bitcoin, blockchain is essentially a continuously growing database of time-stamped records (known as blocks) that are linked together using cryptography. It allows various parties to exchange transactions securely, with no one single point of failure. This means, there’s not just one person in charge of the entire chain. It’s a self-managed, peer-to-peer ledger of records.
About 50% of business leaders predict blockchain will be mainstream by 2020. Currently, the financial sector is primarily using it with about 90% of major European and North American banks exploring blockchain solutions. The challenge will be diversifying its applications so that businesses in different industries (healthcare, government, content distribution, supply chain, etc.) will be able to take advantage of the technology.
In traditional manufacturing, objects are formed of different materials using fabrication tools. However, in 3D printing, things are created through a technique called additive manufacturing, when materials are layered on top of one another to form an object. A major benefit of 3D printing is that far more complex shapes can be created than in traditional manufacturing, allowing for greater customization.
Our prediction is that 3D printing will continue to rise in popularity this coming year. With the advent of machines priced (and sized) for the average customer, more and more people are starting to use them in their homes and small businesses.
And there you have it! 3 technology trends to keep an eye on in 2018. We look forward to seeing what new tech developments will emerge during the next year.
If you ever have IT-related questions or want to learn more about how your business can harness technology improve their processes and increase network security, please reach out. It’s our resolution to continue serving our customers and offering an educational resource for business leaders looking to improve the way they approach IT.