Thinking about the future is an exciting experience and technology trends are accelerating rapidly: the concept of universal digital transformation seems to be becoming a reality soon. Powerful business leaders in the field, such as Google, Amazon, Facebook, and Apple, have courageously leveraged emerging technology trends such as artificial intelligence and Big Data to enhance the user experience.
Technology has changed the world in many ways in recent decades, but the breakthrough innovations promise that by 2020 the world of business and everyday life will change even more. 2020 represents an endpoint for proposals that have gained momentum in the last 10 years. It is worth mentioning that 2020 has been baptized as the “year of the great technological leap”.
The technology has completely revolutionized the way we do business and is moving in different industries. Below is a list of the top seven emerging technology trends to be incorporated in 2020 that will change all or nearly all aspects of working life.
1. Cybersecurity, a primary issue
It is one of the most important issues in the current technological landscape and will continue to be so in the coming years since it has a transversal influence on any sector. With the rise of cyberattacks, all those issues related to defending against external threats and protecting internal data are the main concerns of IT managers in almost all organizations. Furthermore, by 2020, organizations should be fully adapted to the new data management and protection framework.
2.- Artificial Intelligence
One of the great objectives of the digital agenda is progress in the development of systems capable of learning and adapting to improve computing performance: Artificial Intelligence. In this sense, artificial intelligence is the first big bet today as it makes its way and will become the base tool to improve the customer experience, improve services, facilitate information search and management, and reinvent a wide variety of business models, since it comprises a series of technologies capable of learning to perform very specific tasks effectively, such as understanding and processing human language.
3.- Internet of things (IoT)
IoT forms the foundation of the next industrial revolution and is regarded as the next big thing in home automation technology. Today we see that there is an invasion of IoT in our lives, houses, and offices and even in big cities and means of transportation. By 2020, we intend to see 50 billion objects interconnected. Homeowners will be able to control everything in their homes, from lighting to temperature. Without a doubt, IoT will be redefining experiences between people, machines and facilities.
Experts predict that by 2020, more than 50 billion “things” (physical objects) will be interconnected. With all this, it will no longer be just the internet of things. It will be the “internet of everything” and “everywhere”.
By leveraging data such as temperature, speed, location, or applications in use, IoT solutions will help deliver meaningful experiences.
4.- 5G Networks
Directly related to the evolution and implementation of the IoT is 5G technology, which is postulated as the high-speed highway through which all data will travel in the most immediate future. Its deployment will allow new business models in the field of Industry 4.0, great advances in the development of services linked to the IoT and will bring improvements in terms of speed and latency.
Not only would it enrich the user experience by offering higher data rates when talking about virtual reality or augmented reality, but it will also favor security, which is where the latency point comes in. It is anticipated that when a movie takes 26 hours to download on a 3G network, in 5G the time will be reduced to 3.6 seconds.
5.- 3D Printers
The 3D printer has been strongly adopted in recent years. It is a growing technology that has opened a new door of possibilities in different industries. 2020 will be a year of takeoff for 3D printers, which will constitute the next technological revolution. This new manufacturing system will bring great changes to current business models. It should be mentioned that 3D printing is called the third wave of the industrial revolution. This imparts power to people, to produce what they want. This new manufacturing system will bring great changes to current business models.
Blockchain enables companies to track a transaction and work with unreliable parties without the need for a centralized party (i.e. a bank). This greatly reduces friction in business and has applications that started in finance. Blockchain could potentially reduce costs, reduce transaction settlement times, and improve cash flow.
The current state of Blockchain shows everything about its uses and will continue its position in the top 10 technologies of 2020. Slowly, but surely, it is positioning itself among the many industries. By 2020, top companies will adopt it for their website.
7.- Edge Computing
Edge computing is a computing element in which everything from information processing to content collection to delivery is close to the source of the information. This new model, Edge Computing, allows, on the one hand, to greatly reduce latency (time required for sending data).
As an important part of a new 2020 technology, we are expected to witness increased attention being paid to edge computing to enable smart grids, where connected devices will perform the necessary analyzes on-site and use the results to perform them.
The technological trends of 2020 closer than we think
In this era of a globalized economy, we see that there is an unprecedented invasion of changes in the social, economic, and technological areas. Technological trends will change the way we do business in the future.
The possibilities and benefits of these seven technology trends are seemingly endless. Most experts believe that taking advantage of these highly advanced technological trends in our society and workforce will definitely improve our lives, both in the workplace and personally. The pace of technological innovation in any organization will create substantial opportunities to grow and provide the right service at the right time.
The years to 2020 are just the beginning of the revolution to come. By the time we reach 2050, the world as we know it will have completely transformed to be better. Technology surprises us year after year and we must be prepared to adapt it to our business.