Future – Businesses and Tech Trends
“The Only Thing That Is Constant Is Change” - Heraclitus
With 2018 hastily knocking on our doors, here are some of the business and technological trends::
Alexa now answers questions for UBS clients - https://hbr.org/2017/07/ai-may-soon-replace-even-the-most-elite-consultants and already now in 2017 10% of computers are learning rather than processing
Tech giant Google realised the future for its once failed creepy wearable invention was destined for successful use in factories and warehouses - https://www.wired.com/story/google-glass-2-is-here/
By 2018, 3D printing will result in the loss of at least US$100-billion per year in intellectual property globally (http://memeburn.com/2013/10/10-massive-tech-trends-that-will-hit-us-by-2020/ )
Taking into account the popularity of 3D printing and the cost of buying one for your own personal use these days, this number (although still quite shocking) is something expected. Yet, on the other hand, apart from printing phone cases and expensive brand shoes, other types of 3D printing (bioprinting or the creating of cell and potentially organs and even humans) raise important ethical concerns about the future of humanity.
Significantly more Small Businesses will have mobile apps - According to a new survey by B2B research company Clutch (https://clutch.co/app-development/resources/small-business-mobile-apps-2016-survey), the number of small businesses that rely on mobile apps will increase by almost 30 per cent by end of 2017. This might mean that small businesses competition will become stronger and that businesses will have to get creative and build reputation for themselves in order to meet consumer’s needs and stand out from the crowd.
Wearable Technology will grow bigger and bigger - A recent report on the wearable tech market from BI Intelligence predicts that wearables will grow at an annual rate of 35% over the next 5 years (reaching 148 million units shipped annually in 2019) (http://uk.businessinsider.com/the-wearable-computing-market-report-2014-10 ) The Business Insider says that currently wearable devices need to be connected to a tablet or smartphone device in order to complete their functions. Yet considering their popularity will rise, does this mean that they will function on their own? And more importantly does it mean wearables (smart bracelets, watches and even a toothbrush) will overtake smartphones? I guess only the future will show…
Digitisation... by 2020, digitisation will cause social unrest and a quest for new economic models in several mature economies https://memeburn.com/2013/10/10-massive-tech-trends-that-will-hit-us-by-2020/
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