Which Five Technological Advancements Have Been the Most Significant So Far in 2017?
Technology is frequently referred to as the "evolutionary
ammunition," and this idiom holds true for the development of enterprises
in exactly the same way. Finance In the following segment from The Monthly,
Frédéric Dupont-Aldiolan, Vice President of Professional Services at Sidetrade,
discusses the most recent and upcoming technologies that have made a
significant impact in 2017. The year 2016 was notable for advancements in areas
such as artificial intelligence, robotics, machine learning, and the internet
of things. Technology is frequently referred to as the "evolutionary
ammunition," and this idiom holds true for the development of enterprises
in exactly the same way. Finance The following interview with Frédéric
Dupont-Aldiolan, Vice President of Professional Services at Sidetrade, focuses
on the most recent and upcoming developments that have made a significant
impact in 2017.
2016 stood out as a year that was marked by technological
development and significant advances in several fields, not the least of which
was that of connected, driverless cars. Artificial intelligence, robotics,
machine learning, and the Internet of Things: these are some of the technologies
that were developed in 2016. In this context, a distinct pattern is becoming
apparent: the expanding role that automated technology plays in people's
everyday lives.
2017 was a year that saw many technologies that showed promise.
My analysis of the top five things that we are experiencing is as follows:
The Internet of Things, sometimes known as IoT
The Internet of Things was thrust into the spotlight in 2016 and
continues to bring increasingly intelligent connectivity to our day-to-day
lives. It was the star of the Consumer Electronics Show (CES), which took place
in Las Vegas in January, and Viva Technology, which took place in Paris. Both
of these events took place in France. Smart gadgets are taking the lead and
enabling businesses to have greater insight over their transactions, employees,
and assets. These smart devices can be integrated with bar codes, RFID chips,
beacons, or sensors.
Gartner, a company that specializes in information technology
research and advisory services, reported that there were 6.4 billion connected
devices in use around the globe in 2016, representing a thirty percent growth
from the previous year's total. It is anticipated that this number will have
increased to 20.8 billion by the year 2020.
The exponential growth of "Big Data"
The development of networks brings with it an increase in the
generation of data, the analysis of which, utilization of which, and governance
of which have become pressing concerns. According to projections made by IDC, a
global source of market intelligence for information technology, by the year
2020, every person who is connected to the internet would produce 1.7MB of brand
new data every single second.
The idea of "perishable data" no longer has any
bearing on reality. In the year 2017, businesses now have the power to make use
of data before it is rendered useless. The deciphering and processing of data
will become more quicker because to the devices that are connected through the
Internet of Things, which will result in more actionable insights being
obtained.
The rapid advancement of automated processes and artificial intelligence
Over the course of the past year, one of the most prominent
topics of discussion in technology has been artificial intelligence. It
encompasses fields such as machine learning, robotic intelligence, neural
networks, and cognitive computing, and it is now being used on a daily basis in
a wide variety of forms, such as facial and voice recognition, endowing
velocity, variety, and volume.
This year, artificial intelligence has taken on a growing
variety of repetitive and automatable duties, beginning with the increased use
of "chatbots" that have the ability to offer meaningful responses
that are easy to design. According to IDC, one of the six innovation accelerators
that is destined to play a key part in the digitalization of society and the
opening up of new income streams is robotics that is driven by artificial
intelligence. Indeed, both Amazon and DHL have begun utilizing warehouse handling
robots in their operations.
The Holy Grail of client pleasure is technology that pinpoints
their location.
The hotel, healthcare, and manufacturing industries have all
seen significant improvements in customer satisfaction as a direct result of
the significant advancements that have been made in location technology over
the past year or so. Customers can now receive geotargeted offers on their
smartphones, such as sales or discounts based on where they are in the world.
Examples of these types of offers include sales and discounts.
In 2017, RFID chips will allow for more accurate tracking of
customers and improved shopping experiences.
Augmented reality will eventually replace virtual reality as the
dominant technology.
One of the most significant developments in recent times has
been virtual reality, which has also garnered a lot of attention from the
media. Large corporations such as Facebook, Sony, Google, and Microsoft have
all shown their support for this innovative technology, which combines virtual
and real visuals to offer users an unparalleled experience.
In the year 2017, these virtual devices have gained an awareness
of their surroundings and provide users with a genuine feeling of immersion in
the digital environment while they are still in the comfort of their own homes.
In the following months, the potential applications of augmented reality in
business will also be explored and utilized. Some businesses, such as BMQ and
Boeing, are already putting it to use to improve their employee retention and
productivity rates, as well as to provide training to their workforces located
in their various global subsidiaries.
In the coming weeks and months, as we prepare for another wave
of product introductions, we should anticipate seeing significant progress made
in the aforementioned important areas of technological innovation. This
technology should help to improve customer service within businesses by
streamlining production and processes, thereby saving time and money, as well
as providing new and exciting ways to reach and engage with customers, thereby
helping to retain existing customers as well as bring in a large number of new
customers.