Today the pace of technological advancements is faster than ever before and businesses cannot afford to turn a blind eye to it. The notable paradigm shift brought about by technology in today’s business world is evidently discernable by the way modern business is conducted. Gartner, the world’s leading information technology research and advisory company, has identified top technology trends for the year 2017 with substantial disruptive potential and hence aptly termed strategic technology trends. Let us put a glance on each one of them:
AI and Advanced Machine Learning
Artificial Intelligence (AI) and machine learning (ML) are composed of technologies such as deep learning, neural networks and natural-language processing. They can also make smart machines appear “intelligent” by moving beyond traditional techniques and creating systems that can learn, understand, predict, adapt and potentially operate autonomously.
The implementation of applied AI and advanced ML can be observed in terms of intelligent physical devices such as robots, consumer electronics or autonomous vehicles and as well as apps and services like virtual personal assistants (VPAs) and smart advisors. You can contact us with your ideas wherein you want to utilize AI and ML for existing devices and software service solutions as embedded intelligence. We are a Software Development Consultancy and our team of software development specialists can drive specific business value for your particular business scenario by utilizing this technological trend.
Gartner projects that by the year 2018, most of the World’s largest 200 companies will leverage intelligent apps to refine their offer and customer experience. VPAs are widely used intelligent apps that have revolutionized workplace by making everyday tasks like prioritizing emails much easier. It has also made the app users more effective by highlighting important content and interactions. However, this trend won’t remain limited to virtual assistants as your Enterprise IT Solutions Provider will consider incorporating AI in most of the apps and services. Advanced analytics, AI-powered autonomous business processes and AI-powered immersive and conversational interfaces are expected to be key areas of focus.
Intelligent things are physical things that leverage AI and ML along with execution of traditional programming to deliver advanced behaviours and natural interaction with their surroundings. For example, smart appliances, autonomous vehicles and drones are intelligent things. They are anticipated to evolve still more and bring a shift from stand-alone to collaborative model wherein intelligent things would communicate with one another and act together to accomplish tasks.
Virtual and Augmented Reality
Virtual reality (VR) and augmented reality (AR) are making the line separating digital and physical world appear blurred; businesses are exploiting this immersive environment to create new business opportunities. For instance, businesses can use VR for remote experiences and training scenarios. AR enables you to blend real world with the virtual world which implies businesses can overlay graphics onto real-world objects. Furniture retail businesses are already using augmented reality app to facilitate their customers to check whether the furniture fits in their home interior before actually buying them. It is predicted that by 2020 more and more businesses will be trying their hands on AR and VR apps, therefore to get competitive advantage, consult Mobile App Development Company like ours and get your app developed with AR or VR feature.
Digital twin, also referred to as ‘device shadow’, is a dynamic software model or virtual representation of a physical thing or system that relies on sensor data to understand real-world conditions, respond to changes around it, improve operations and add value. As digital twins function as proxies for technicians as well as traditional monitoring devices and controls, their proliferation demands a cultural shift among professionals. Hence, get in touch with your Digital Transformation Agency as digital twins of business processes will bring to life an increasingly detailed digital representation of real world for better simulation, analysis and control.
It is a type of distributed ledger wherein value exchange transactions (in bitcoin or other token) are sequentially grouped into blocks. Blockchain and distributed-ledger concepts are gaining popularity across industries such as music industries, identity verification, etc. because they hold the promise of trust, transparency and accountability. Although this trend is potentially transformative, majority of its initiatives are still in alpha or beta phases due to crucial technological challenges.
Conversational system enables people and machines to use multiple modalities to communicate across the digital device mesh comprising of sensors, IoT systems and appliances and do not just remain confined to the use of text or voice exclusively. Currently, the key area of focus for conversational interfaces is on chatbots and microphone-enabled e.g., smartphones, tablets, PCs, etc. As these dynamic connections of people, processes, and services catering to the needs of intelligent digital ecosystems continue to evolve, a whole new dimension will be added to user experience.
Mesh App and Service Architecture
The mesh app and service architecture (MASA) is a multichannel solution that delivers modular, flexible and dynamic solutions by leveraging cloud computing, containers, APIs and events as well as microservices. These solutions support multiple user interfaces used by multiple users for multiple roles and communicating over multiple networks. This is, however, a long term architectural shift that demands significant changes in development best practices.
Digital Technology Platforms
These are building blocks for a digital business and are absolutely necessary for the business to break into the digital realm. As per Gartner, every organization will have a mix of five digital technology platforms categorized as information systems, customer experience, analytics and intelligence, business ecosystems and the Internet of Things. To thrive in the digital business world and meet with the upcoming challenges you would need to identify how these platforms would evolve and plan to advance your digital platforms accordingly.
Adaptive Security Architecture
With the constant and continuous evolution of digital technology platforms and intelligent digital mesh, the security scenario is getting more and more complex. The security architecture has to be more adaptive and fluid in order to seal the vulnerable points in the digital mesh. Multi layered security is need of the hour for every enterprise and they would also need to utilize user and entity behaviour analytics to combat the threats posed by new technological frontiers like the Internet of things.
To derive value from these strategic technology trends contact us with your ideas; we are a Digital Transformation Agency shaping the way businesses leverage cutting edge technologies to get an edge over competition.