Let’s find out more about technology trends in 2022:
With many organisations wanting a piece of the metaverse, one thing has become very clear – it is here to stay. Our technological advancements in terms of virtual reality, augmented reality, haptic controllers, 3D modelling, Artificial Intelligence (AI) -based environment design and model-tracking, interactive screens have been actively pushing the boundaries of what can be possible when it comes to the deployment of the metaverse. In 20 years or less, we will have digital versions of ourselves in a completely virtual environment where we can do anything and everything that we do in the real world!
Non-fungible Tokens or NFTs are digital art that anyone can buy and sell online. Consider this – an original Van Gogh painting that you probably haven’t even got the chance to see before in real-life can now be bought in the digital world. Of course, you will only have access to the unique code that hides the art but nonetheless, you can be the proud owner of a digitized version of Van Gogh’s (or any other artist for that matter) works!
Hyperautomation is a relatively new term in the field of digital technology and it refers to an infrastructure that consists of technologies such as AI, machine learning, and robotic process automation (RPA) that can work in tandem to automate processes. What sets it apart from conventional automated systems is that these systems can decide what processes need to be automated, what level of automation needs to be achieved, and what tools are capable of performing such tasks.
Blockchain has become quite the buzzword in the past few years. The term is mostly associated with digital money and financial transactions. However, blockchains are much more than just enablers of cryptocurrencies. Their uses include ramping up cybersecurity, improving data management, tracing credentials, supply chain management, healthcare, and real-estate management among others. Its secure and distributed nature may allow blockchain to become the go-to technology for many applications.
Find out more about careers in Blockchain technology.
Cryptocurrencies are digital versions of money that can be transacted for services received or offered, in the digital world. It is popular for its decentralized ledger management which is based on blockchain. Cryptocurrencies do not require a governing body to track their financial transactions. Every transaction is logged in a “block” that is immutable and is made publicly available. It is one of the safest modes of digital transactions that is available for public use at present. With many governments showing interest in the technology, it could soon be chosen as a legal mode of transaction globally.
- Connected Vehicles and Autonomous Vehicles
Connected vehicles can connect to access points while on the move. This can improve communication between mobile vehicles and fixed infrastructure so that we may enjoy seamless connectivity. Autonomous vehicles have also been researched for quite a while now. These vehicles are capable of driving around on their own based on real-time data that is collected. We do have autonomous vehicles on our roads today but they are not completely autonomous and still require a driver to be present at all times. But we are definitely moving towards a future where fully-autonomous vehicles become the norm.
The Internet of Things (IoT) has been around for a while now and we have all seen its prowess in one way or another. With billions of devices having been deployed all over the world, we have a very large amount of data in our hands that waits for us to make use of. Understanding behaviours has been the objective of many organizations in creating successful and sustainable business models. IoT can be used to collect and analyze behavioral data that is obtained from distributed devices and sensors to make informed decisions pertaining to customer behaviour.
There’s a very high chance that you probably might not have heard of this technology, yet. So, what exactly are digital twins? Consider an organization that builds solar panels. They need to improve their products so that they are capable of doing more things than they currently can. However, they cannot afford to do things through trial and error since their costs could go up exponentially. This is where a digital twin comes into the picture. We create an exact replica of a physical object digitally so that different attributes of the physical objects can be relayed onto the digital copy to learn more about it. This technology could very well be the future of manufacturing and development.
Data fabric is the answer to large-scale data management issues. It is an architecture as well as a set of data services that offer scalable and flexible data management capabilities and standardization processes across data cloud platforms and data storage methodologies. Data fabric is even more advantageous when we consider the fact that it comes inbuilt with precise data insights and data analysis capabilities.
Automation can mean automating anything that needs to be automated. However, autonomic systems differ from automation or autonomous systems in that they are perfectly capable of modifying their underlying algorithms based on the type of activities that they need to perform! For example, consider a food manufacturing autonomic system that can easily slow down or speed up processes, change ingredients mid-way, adapt to situations (Burnt garlic? Use it in the sauce), or even update the software on their own rather than have an external source provide them with patches. Now that, IS the future.
No list would be complete without mentioning the one technology that has been improving our lives in ways that one could’ve never imagined. Generative AI is the latest iteration of machine learning techniques that can learn from the data on its own and can even supplement data wherever it is missing, based on previously available information. AI can play definitive roles in medicine, drug design and development, nanotechnology and other technologies that are part of our future.
With more and more organizations choosing to let their employees work from home due to the pandemic, the popularity of distributed systems is through the roof currently. These systems enable users to access data from anywhere in the world. Distributed systems employ cloud computing, IoT, distributed data management services, and other technologies.