Sadly or gladly the year 2016 is coming to its end and the year 2017 is just around the corner. The technology world is already thinking about what 2017 holds within for it. David Cearley, vice president of Gartner has come up with top Strategic Technology Trends for the year 2017.
The entire technology trends’ story revolves around three main themes which are Mesh, Intelligent, and Digital. Digital business will be the new future. Technology and intelligence will be embedded in everything. Rich digital services will be delivered to everyone. It will be a mesh of people, content, services, devices and therefore an intelligent digital mesh.
Let us closely view the top technology trends for the year 2017:
1- Advanced Artificial Intelligence And Machine Learning
The most significant and the most disruptive is machine learning and advanced artificial intelligence. Artificial Intelligence and Machine Learning are the advanced techniques and technologies which allow businesses to move beyond those conventional rule-based algorithms. These technologies help in moving towards solutions which we can understand, adapt, learn and operate independently.AI systems can learn and change future behavior, therefore, leads to the creation of more intelligent devices and programs.
If talked in terms in banking AI and machine learning techniques can be used for model current real-time transactions and. Enterprises which are seeking to drive digital innovation with this trend must evaluate a number of business scenarios where AI and machine learning can drive clear and specific business value. Tech gurus say that AI systems are doing specific things where they can often be better than humans. Clearly stated that with this evolution of data science, the result will be more model-driven than rule-driven programming.
2- Intelligent apps and Intelligent Things
Intelligent apps which include technologies like virtual personal assistant have the potential to transform the workplace by making everyday tasks easier. It also makes users more effective by highlighting relevant content and interactions. Gartner predicts that by 2018 world’s largest 200 companies will be exploiting intelligent applications and therefore utilizing the full toolkit of big data and analytics tools. Harnessing the potential of data analytical tool and AI system enterprises can be benefitted with advanced analytics, AI-powered autonomous business processes. These intelligent applications are not just limited to digital assistants rather almost all marketing or ERP will be infused with AI enabled capabilities. It can be definitely inferred that Artificial Intelligence and Machine Learning when combined gives you Intelligent applications. These applications come in a variety of forms viz robots, drones, smart sensors, smart appliances, Siri/Cortana/Chatbots. Five years ago McDonald’s started using such intelligent apps like image recognition and machine learning to improve the production of its buns for burgers. Today there are innumerable tools for facilitating such service.
While we talk about intelligent applications, intelligent things get along Consumer devices like Google Home and Amazon Echo, business devices such as healthcare equipment which include Google’s DeepMind looking at MRIs and smart stethoscopes are doing wonders. In coming years these things will include autonomous vehicles, ships, and tractors. Such transition is likely to happen between 2020 and 2030. Technology is unstoppable now.
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3- Virtual & Augmented Reality
Virtual and augmented reality capabilities merge with digital mesh in order to form a more seamless system where devices are capable of arranging a flow of information which offer users hyper-personalized services. Virtual Reality and Augmented Reality transform the way individuals interact with each other and with software systems. Virtual Reality is used for training scenarios and offering remote experiences. Augmented Reality enables blending of real and virtual worlds, therefore, businesses can easily overlay graphics onto real-world objects.
Survey explains that enterprises should look for targeted applications of VR and AR through 2020. Overtime AR and Vr are expanding beyond visual immersion by including human senses. Virtual Reality is seeing more powerful Vr headsets which are being used to offer immersive experiences, healthcare therapy, molecular modeling and remote management as well. VR and AR can be easily applied to smartphones, internet of things, wearables devices and even to head-mounted devices.
4- Digital Twins
In another 3 to 5 years, millions of things will be represented on digital twins is which is dynamic software model of a system. A digital twin can be used to analyze and simulate real world conditions, improve operations, adding value, responds to changes. Digital twins combine metadata, event data, analytics, and condition.
Digital twins will be used by enterprises for planning equipment services, to operate factories, for predicting when equipment will fail and to improve operational efficiency. They will be smartly controlling and monitoring operational activities which are ever increasing. Digital twins will be benefitting by offering improved user experience, asset optimization, more complex high-value assets.
5- Blockchains And Distributed Ledgers
Blockchains are anonymous online ledger which makes use of data structure in order to simplify the process of the transaction. It also provides the ability to trace back transactional events. This technology grew out of bitcoin which focuses on ledger which acts as a mechanism for adding trust in an reliant environment. Survey states that 52% of the businesses will be affected by blockchains and multiple business use cases are yet to be proven.
Gartner states that the impact of blockchains will be on music distributions, title registry, supply chains and identity verification. As the bank’s ledger has connections to the centralized network, therefore a blockchain is like an anonymous which helps in protecting the identities of the users. This makes the technology of blockchain safer way to carry out transactions as compared to any other existing process.
6- Conversational Systems
Using chatbots and microphone-enabled devices, technology is allowing people to interact. There will be a rise in intelligent contextual experiences such as Alexa, Google. Conversational systems can be simply informal, bidirectional text or voice conversation. Input/output mechanism which will emerge using video, touch, audio, smell and other sensory channels will enable people in rich conversations which will include more than text and voice.
These conversational systems allow machine and people to use a number of other modalities such as sight, sound etc. for interacting with digital devices such as sensors, appliances, and IoT systems.
7- Mesh App And Service Architecture
The intelligent digital mesh requires changes to the architecture, tools, and technologies which are used to develop solutions, which is termed as mesh app and service architecture (MASA). MASA is a long term architectural shift which of course requires changes to development best practices.
The mesh app and service architecture allows cloud and serverless computing, microservices and containers as well as APIs and events in order to deliver flexible and dynamic solutions.The solutions support multiple users in multiple roles using multiple devices communicating over multiple networks.
8- Digital Technology Platforms
Talking about digital technology platforms there are several areas to take into account. These will be internal systems like accounting system, IT and much more, customer-facing systems like social media, CRM, and website. These all systems will feed your organization with intelligence. Digital Technology Platforms are kind of building blocks for digital businesses and every enterprise will have some mix of five digital platforms. These five major platforms comprise of customer experience, intelligence, analytics and information systems.
Tech gurus explain that AI, conversational systems, and IoT will be key focussing through 2020 but companies must keep identifying how industry platforms will have a foolproof plan to meet the challenges of digital business. Therefore, emphasis on digital technology platforms is another upcoming technology trend coming in 2017.
9- Adaptive Security Architecture
We must be very much clear that cyber threat is growing and we must be prepared for remedial actions. It is quite clear that more the devices out there, more weak points there are. Digital mesh and digital technology platforms are creating bigger picture for bad actors. Monitoring keenly and accurately user and entity behavior is needed in IoT scenarios.
IoT and other emerging technologies require more security and just relying on traditional techniques won’t be sufficient. These security arrangements must include network security, endpoint protection, and basic monitoring. Security teams have to work with application and solution, therefore, considering security early in the design of applications or IoT solutions. Multilayered security will become a requirement for virtually every enterprise.
A Techie Welcome 2017
Gartner is ready with a warm welcome to 2017 with its technology predictions and forecasting news updates. The trends precisely revolve around data science technologies and approaches. These trends also majorly focus on the digital world and how the physical and digital worlds are intertwined. Gartner has therefore given its organizations insights into what they expect the coming year has in store in terms of strategic technology trends. These predictions are designed in order to offer enterprises with an understanding how technologies are emerging and how this emergence will impact the society.
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References: gartner.com, forbes.com, pcmag.com, sdtimes.com, indianweb2.com, memeburn.com