2020 has been a year of a fast-paced digital transformation, thanks to the continued discovery of new technology trends. The accelerated revolution continues to impact business operations, education, financial services, healthcare automotive industry, data protection, customer services, and so on.
Looking back at the last decade, it’s amazing how far we’ve come as far as the development of new technology trends is concerned. If you think it’s a lie, then imagine this: in 2010, we didn’t have Instagram, Uber, autonomous cars, or 5G Internet.
Guess what, this is just the beginning of digital transitioning; the rate of growth is so rapid that set innovation projections become obsolete now and again.
So, what are the latest technology trends? Many life-changing techs have recently come to existence, but today, we’ll focus on six most progressive ones. These include 5G Internet, Autonomous Cars, AI, Medical Upgrade, Blockchain, and Cybersecurity. Let’s dive into details.
1. Blockchain Technology
Blockchain is, undoubtedly, one of the best technology trends of the future. In a word, it’s a system used to record digital transactions in an encrypted, secure, and decentralized manner. The digital ledger ranks atop of the fastest growing technology trends list because new “blocks” are always being added to the system.
Despite being down-played as overhype by some commentators, the technology has continued to grow and attract investments from such big companies as Mastercard, IBM, and Walmart. Some of the most common blockchain-based cryptos include Bitcoin, Ethereum, Litecoin, Libra, etc.
In ancient Egypt, the most important knowledge was stored in books. And now there is already a so-called blockchain Book of Ra which has led to data protection, transparency between market participants, lower operating costs, and ease of tracking products and transactions. It has also proven to be a valuable tool in the gaming industry as it provides a platform for fast and secure payments such as verifying virtual assets and properly monetizing games created.
2. 5G Internet
Despite being launched in 2019, the 5th generation Internet connectivity didn’t cause a global wave due to its high cost and restrictions in certain jurisdictions.
However, 2020 is the year that we’ll likely see the full force of the high-speed network because it has already taken a sweep at most states and cities around the world. Major phone brands like Samsung, Xiaomi, and OnePlus, too, haven’t wasted any time in introducing the super-fast network into their systems.
With 5G, we’ll be able to download stuff at a speed of up to 100mb/sec with an extremely low latency of 1 millisecond. Streaming high-quality movies and music will also be a reality. The ultrafast Internet will be the backbone for further development of driverless cars, robots, machines, and so on. In the health sector, 5G will enable patient monitoring, remote surgery, and consultation.
3. Autonomous Cars
It’s accurate to say that autonomous cars rank among the best technology trends for the future because they haven’t reached the full development stage yet. All the same, innovation has enjoyed massive improvements, and the stakeholders believe the world will see a fully autonomous car in the course of this year.
Currently, the production process is at the 3rd level of autonomy. This means that the car can do most of the operations on its own, but requires the driver to step up in case of an emergency. Upon the completion of the 5th level autonomy, the cars won’t just be completely autonomous but will also have the capacity to automate other functions like security and entertainment. Isn’t this the best technology trends news for 2020?
4. Medical Upgrade
Healthcare is one of the major beneficiaries of the accelerated growth of technology trends today. Treatments are now being carried out in a precise, error-free, and customized manner. All the credits go to the ability to use data-driven technology to predict and proactively curb health issues even before they come into existence.
The rise of artificial intelligence, 3d printing, and genomics have enabled medical experts to offer more personalized treatments, thanks to their improved understanding of diseases. Besides, the use of such technology trends during COVID-19 makes us hopeful that a cure or at least a vaccine will be discovered soon.
5. Artificial Intelligence
AI is arguably one of the biggest technology trends for 2020. It’s a component of computer science that focuses on the creation of intelligent machines that behave and react like humans. AI systems usually exhibit such behaviors as planning, motion, knowledge presentation, problem-solving, perception, etc. Though not fully developed yet, the systems have shown social skills, emotional intelligence, and creativity.
You may wonder: what are the uses of AI? Currently, AI technology trends like mind-reading wearables, drones, and robots are used to detect credit card frauds, recognize spams, run errands (still in a trial), offer virtual assistance, recognize photos, etc. Some of the biggest accomplishments of AI so far include autonomous cars, successful diagnosis of lung cancer, Facebook detection (super recognition abilities), drug discovery, manufacturing, and many more.
Cybersecurity is the protection of any Internet-connected systems or devices like software, hardware, and data from malicious attacks. Individuals and businesses utilize the technology to protect against unauthorized access to their computer systems and databases. These cyber-attacks may lead to deletion, exportation, or extortion of an organization’s vital data, which is why cybersecurity is crucial.
Even so, cybersecurity is an ever-evolving field due to the constant discovery of new technology trends now more than ever. To guarantee full protection of employees and crucial data, organizations ought to invest more in training, cybersecurity tools, risk management, and continual update of systems.
If businesses can keep all the cybersecurity threats at bay, then there’ll be maximum protection of systems and data, improved confidence in security arrangements, end-users protection, and reduced recovery time after a breach, etc. However, cybersecurity still faces challenges related to data loss, hacking, risk management, attacks against blockchain systems, and more.
What’s the future of technology trends after Covid-19? Will we see discoveries and further development of techs? Or will the pandemic paralyze technological progress? The answer is pretty simple: the only limitation to digital transformation is the lack of adequate personnel and training. There are lots of opportunities provided by the never-ending tech developments, but only a few individuals and organizations are prepared to tap in.
If you’re enthusiastic about technology, this is the best time to pick your area of interest, seek training and mentorship, and turn it into a business opportunity. Do you have any questions or comments about new technologies for 2020? Let’s engage in the comments section below.
Ellen Royce is an experienced marketer, copywriter, and entrepreneur. Having started several small businesses online, she knows the importance of effective content marketing in building companies. Ellen loves writing articles on the newest online marketing trends to share on her blog