Friday, June 28, 2019

Emerging Technologies

“Any form of technology that is novel in nature, brings knowledge and innovates towards change”

Emerging technology is a term generally used to describe a new technology, but it may also refer to the continuing development of an existing technology; it can have slightly different meaning when used in different areas, such as media, business, science, or education. The term commonly refers to technologies that are currently developing, or that are expected to be available within the next five to ten years, and is usually reserved for technologies that are creating, or are expected to create, significant social or economic effects. I would consider cloud computing as emerging technology, since there are some questions as to how reliable and secure it truly is. When we get into our cars, or in an aircraft, or even in the local commuter train, GPS plays an important role in not only getting us where we want to go but by providing information to keep us safe by tracking the movements of other vehicles and providing accurate time and distance information.
Technology has transformed the way we live, in small daily ways to ways that change the lives of the people who serve our country. As new technologies continue to emerge, how will our world continue to change?
So here were the nine latest technology trends that are going to see mass adoption before we hit 2020. Are you ready for them?
1 Big Data
The Big data technology involves building huge data architectures to organize and analyze the unstructured data and offer real-time value for the business.For example, in the healthcare industry, an enormous amount of data analysis of a series of patients for a disease, could help to diagnosis the various signs and symptoms of the disease and offer a rational medical solution for the same. A big data expert could also help to find the hot spots of crime in the city for the Police Department and support to reduce crime.
2 Machine Learning (ML) and Artificial Intelligence (AI)
Machine Learning and Artificial Intelligence have taken huge leaps in the recent past few years An explicit example, in our daily lives, is Google’s ‘Hello Google’ or the Amazons ‘Alexa’. . For example, a business can apply machine learning and offer the consumer a fresh purchasing option, depending on the analysis of the history of the purchasing pattern and taste of the consumer. Machine Learning could be an effective tool for the cyber financial frauds. Artificial Intelligence could be a more robust system to combat the new complex cyber-attacks.
3 Internet of Things (IoT) In a recent article by Forbes, about the Internet of Things (IoT), it stated that IoT is going to comprise 30 billion devices by 2020. IoT is seen as the change agent for the luxurious and effective lifestyle for the consumers, offering valuable customer interactions and exceptional experiences for them.
4 Cloud Computing
The market forecast states that in the next five years, 50% of the business organizations and global companies are moving their data to the cloud. This also points that Cloud Computing Technology companies such as Microsoft have greater responsibility to safeguard and secure the consumer valuable data. The use of cloud computing technology would ease the worry of security issues of the data for the business firms.
5 Blockchain Technology
The Blockchain Technology is the disruptor of the Financial Industry. Mostly espoused by the cryptocurrency industry, today, even the conventional banks have started to clout its usage. The rise of bitcoin industry has raised the ambiguous inquisitiveness of the blockchain technology affecting the emerging markets. The blockchain technology is a digital principled ledger which creates numerous chained blocks of data and ensures sales and marketing resources are focused on the numbers of the business. Each block preserves cryptographically appropriate information which is infeasible for a discrete entity to demolish.
6 Augmented Reality (AR) and Virtual Reality (VR)
The fascinating Augmented Reality (AR) and Virtual Reality (VR) is the current catchphrase of every technocrat. The AR and VR are potentially remodeling the way consumers interact with each other and the technology, inspiring the growth of pervasive settings. For instance, AR allows the user to blend the real and virtual world. With the help of VR technology, firms can deploy virtual business training and remote involvement. These technologies are changing the way the end-user is perceiving and interacting with the digital world. The AR and VR had already had its digital footprint in the gaming industry.
7 Facial Recognition
Your face will become the ideal technology partner by 2020. What started with iPhone X with its face ID will be taken ahead by a number of industries who would now be using your face for a series of different applications. From the present ability to unlock your phone just by looking at it, the new technology in 2020 will allow you to unlock your house and car, which would be connected with the internet. You would even be able to withdraw money from the ATM using nothing but your face.
8 Automation
Automation has moved ahead from its involvement in the production lines. There are a number of ways automation will create its presence around us by becoming one the most awaited new technologies of 2020.From packaging juice boxes to delivering pizza in self-driving vehicles, automation is fast climbing the food chain from doing routine tasks to a lot more complex, decision-making tasks.Mixed with Robotics, Machine Learning, and Artificial Intelligence, processes across multiple industries like Food and Beverage, Medical, and Customer Service will become further streamlined and automated by the time 2020 hits our doors.
9 Chatbots
It has already been established that Chatbots are shaping the business growth story by making business available 24*7. The coming years will find the conversion magnet becoming more personal and intelligent with the power of machine learning and predictive analytics technologies.
We, at The NorthCap university, are committed to make our student industry ready for some of the most revolutionary and disruptive emerging technologies of 21st century. In view of the same, the department of CSE is offering five new specializations (Data Science and AI, Full Stack Development, Internet of Things (IOT), Cloud Computing, Augmented Reality and Virtual Reality, and Cyber Security) to its B.Tech students. The overall objective is to equip students with the best practical knowledge about latest technologies which are going to rule the IT industry in the coming 5-10 years.
We therefore started new module based teaching learning pedagogy to be a starting point in direction toward specific employment specializations.

Dr Anuradha Dhull,
Assistant Professor,
Department of CSE

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