6 technology trends that will change the business landscape in the coming years.
The blending of a range of technologies is triggering fundamental changes in how companies operate. Artificial Intelligence (AI), blockchain, and the Internet of Things (IoT) are just three of the eight disruptive concepts that will transform the future of business.
According to projections by PricewaterhouseCoopers (PwC), technological advancements in the coming years will intensely impact the environment. And, in order not to be swept away by this wave, organizations need to start outlining their plans.
See the concepts considered most impactful for consulting and what you should do to avoid being caught off guard by them.
1. Artificial Intelligence
Machines that “think for themselves, independently, and sometimes make more sensible judgments than humans.” That’s how 60 Minutes, the popular CBS television program, described AI.
"It's on the verge of completely changing everything," said the presenter, highlighting that companies are investing billions to find ways to leverage the concept.
The algorithms behind machine learning systems can generate knowledge from experiences in a way very similar to how we humans experience them.
"Visual perception, voice recognition, decision-making, and language translation" are tasks that can now be performed by computers, reinforces the PwC document. "Programs that can learn, understand, reason, plan, and act when exposed to new data" are elements that underpin and leverage this trend.
2. Augmented and Virtual Reality (AR/VR)
These augmented reality mechanisms allow the introduction of sound, graphic, and visual elements, as well as data, onto a physical context. It's about seeing reality with extra data extracted from virtual environments.
3 Blockchain
The technology derived from the advent of Bitcoin allows for the electronic recording of transactions. The validation mechanism brought by Blockchain enhances security features and can be used in various applications beyond its original function linked to electronic currency.
Learn how to integrate Blockchain with your ERP system and create a collaborative platform!
4. Drones and IoT
Unmanned vehicles (or drones) can be a powerful part of the Internet of Things. "Drones can operate autonomously, with onboard computers, following a pre-defined flight plan or with remote control," cites PwC, emphasizing that IoT is one of the engines of the next Industrial Revolution.
5. Robots
"Robots will be faster and smarter than humans," a professor at Oxford University stated a few months ago. In this field, there will be electromechanical machines and autonomous virtual agents to assist/perform human tasks, following a series of instructions.
6. 3D Printing
Direct and digital manufacturing using low-cost plastics, wood, metal, and glass can accelerate and democratize production cycles. This means that a new product can reach markets faster and in accordance with consumer designs. Intellectual property can be a barrier.
What is driving the changes?
Technology is becoming cheaper and easier to use. Furthermore, these computing resources bring competitive advantages, which sparks interest in their use. These stimuli, coupled with economic globalization, are helping to shape the future of business, projects PwC.
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