2019 promises to be revolutionary when it comes to technology and business. AI, Blockchain, autonomous things, digital ethics, and quantum computing are just some of the topics that the world will be watching closely this year. What does this mean for your business?
We’ve selected the top 5 technology trends for 2019, and we offer some tips about how to understand these trends and get a plan in place to leverage them for your business.
1. Autonomous Things
As we mentioned in our previous blog, artificial Intelligence (AI) is the concept that machines are able to carry out tasks that are usually managed by a human. Autonomous things (AuT) take this a step further, and use AI to bring computers into the physical environment as autonomous entities without human direction, freely moving and interacting with humans and other objects. Autonomous things exist in the following categories:
In recent years, we have seen robots, drones, cars, appliances and other types of autonomous things perform tasks that would normally be performed by humans. With AI already changing the world by increasing productivity in the workplace and transforming how we perform our day-to-day tasks, we can expect AuT to gain more popularity in 2019. According to David Cearley, vice president and Gartner fellow:
“As autonomous things proliferate, we expect a shift from stand-alone intelligent things to a swarm of collaborative intelligent things, with multiple devices working together, either independently of people or with human input”.
As you explore the capabilities of autonomous things in your business, whether by adopting a drone to get a birdseye view of your site, or just purchasing a Roomba for the office, remember that the end goal is freeing up your human resource to focus on invaluable brainstorming and strategy that can grow your business in ways a machine cannot.
2. AI-Driven Development
Traditionally, developers have relied upon their team or end users to spot problems with the functionality of their apps, while the apps are in production and constant review. In 2019 this will change as development tools grow more sophisticated and autonomous. AI-driven development is the utilisation of intelligent software and error tracking tools that can tell you what’s wrong with your application as it is being developed. Furthermore, AI models and algorithms can be modified to support the specific developer project.
The market is quickly shifting from a strategy where application developers and data scientists must work together to build AI-enhanced solutions. In 2019, we'll see more and more application developers working alone, using already defined models delivered as a service.
AI tools such as this are already used by the world’s most innovative companies, and they’re going to get even smarter as time progresses. It’s estimated that over 40% of new projects will have AI co-developers on their team in 2020.
Even if your business does not deal with software developing directly, take the opportunity this year to learn how the world behind your business’ technology is changing; turnaround times should be quicker and the quality of apps will greatly improve if we see the mass adoption of this technology in the coming years. If your business does deal with software development, look into these AI co-developer tools to give yourself the competitive edge.
As mentioned in our previous blog, blockchain could be the most important technological innovation since the Internet itself; facilitating critical transactions using technology, and providing the same guarantees as a regulated bank, but without the middleman.
Blockchain has had a revolutionary impact on almost every industry in recent years. It is not only ideal for handling financial transactions, but almost any exchange of information that needs to be tracked and verified. There are plenty of businesses that have already leveraged this technology. It is predicted that 30% of the global customer base will consist of blockchain solutions as a functional technology in order to conduct all commercial activities.
This year, the most innovative organisations will start applying blockchain to enhance collaboration. It’s likely that blockchain will become a major part of business platforms worldwide; it allows for transparent transactions across different business functions and geographies.
Decide whether blockchain can support your business transactions or industry. It’s worth considering if greater transparency, enhanced security, improved traceability, increased efficiency and speed of transactions, and reduced costs are priorities for your business.
4. 5G Technology
5G technology is the next generation of mobile internet connectivity, offering faster speeds and more reliable connections on smartphones and other devices than ever before. If we finally see the launch of a commercial 5G network in 2019, providers could offer connections that are multitudes faster than current connections, and average download speeds of around 1GBps could be the norm.
The networks will help power a huge rise in Internet of Things technology, providing the infrastructure needed to carry huge amounts of data, allowing for a smarter and more connected world. Development is well underway this year, and 5G networks are expected to launch across the world by 2020, working alongside existing 3G and 4G technology to provide speedier connections that stay online no matter where you are.
Needless to say, implementation of 5G technology could help your businesses offer efficient services to your workforce and customers, but widespread availability of 5G in 2019 is yet to be seen.
5. Digital twins
A digital twin is a digital representation that simulates a real-life system, process or object. It has been defined as “a dynamic virtual representation of a physical object or system across its lifecycle, using real-time data to enable understanding, learning and reasoning”. This technology isn't strictly new; it is used to replicate a customer’s profile online for example.
Digital twins are unique in 4 ways:
- The strength of the algorithms and how they enhance business outcomes
- Real-time control and monitoring
- Applying AI and big data analytics to push new business opportunities
- The ability to communicate with them and assess “what if” scenarios.
Digital twins can support better enterprise decision-making in the following ways:
- Providing information on reliability and maintenance
- An organisation's Digital twins will help create representations of the organisational process, permitting real-time monitoring
- Knowing how a product performs in order to increase efficiency and inform new products.
While the above technology trends are still emerging, it's the perfect time for businesses to understand the potential applications and plan for the years to come.
If you require IT support or advice contact us today.
We take care of your IT, so you can focus on running your business. Whether you are looking for a comprehensive outsourced IT support service or something more flexible, CMI can help. As industry-leading specialists in network security, business continuity, hardware and software provision, cloud computing and Internet services, CMI has been helping businesses gain a competitive edge through technology for more than 20 years. Call today on 020 8875 7676 to learn more and sign up for a free consultation.