2018 is finally here and that means there’s bound to be a host of new developments in the field of technology. A lot of these developments are going to change the way business run and consumers consume. Businesses that are quick to adapt will surely benefit. But, for that to happen, they need to stay informed. So, here is a list of the top 5 technology trends for 2018.
Big Data Gets Bigger
Data, as we already know, is omnipresent. There really is no end to how much data can be produced. So, it shouldn’t come as a surprise that the amount of data we produce is only going to increase in 2018. Statistics tell us that there are, at this very moment, 452,000 individuals posting on Twitter, 3.5 million people conducting searches on Google and 900,000 people posting on Facebook. Yup, that’s a lot of data and we only mentioned 3 sources.
But, what’s the point?
Well, as the number of data increases, industries start to grow. Not too long ago, data was the domain of large corporations and only they had the expertise to leverage it. However, our move towards the “as a service” platform has eliminated the need for high-end infrastructure.
Today, anybody can tap into data and leverage it towards expanding their operations.
Smart devices like our smartphones have made our lives easier. But, that’s not enough; at least that’s what market research is telling us. It’s believed that consumers want solutions that can help them manage everything from a single, central location.
So, digital centralization is likely to start gaining traction in 2018. Expect devices that offer more than just a few functions.
Deep Learning & Machine Learning
Deep Learning and Machine Learning are already revolutionizing the way systems and devices function. For instance, Amazon even offers GPUs for deep learning and Google relies on tensor processing units for the same.
Deep learning and machine learning are currently powering functions such as video, audio, and image recognition across all verticals. So, expect them to play a greater role in the coming days.
Artificial Intelligence is going to get smarter as the days go by. We will be getting closer to moving beyond generalized AI and specialized AI. This is becoming possible because of the continuous explosion in data, which we discussed earlier.
As more data gets out there, the more information an AI-powered system has access to. In other words, automation won’t be limited to just simple or repetitive tasks. We could be seeing automation making its way into more complex territories.
So, it’s clear that there’s a lot happening on the technology front in 2018. But, knowing about these trends is one thing. The real benefits are realized when you identify how these trends can benefit your business. So, get to the drawing board and start doing the math.
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