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 In Business, Technology

Technology trends have revolutionized business processes over the years tremendously. 2018 has witnessed a lot of changes, and the results are positive, since then. And today businesses are eagerly waiting to know the latest tools that will dominate the New Year (2019) and influence their business processes completely.

I want to inform you that some of the previous year’s technologies are likely to be on the top of the list this year as well. According to Gartner’s top 10 strategic technology trends report, the following technologies will rule the industry:

1. AI-driven applications-

Gartner strongly believes that every business is adopting a new approach to deliver one of a kind product or services by partnering their data scientist with AI applications to get the most of AI-driven solutions. They are taking a step forward towards an approach that allows a single scientist to work alone without any extra hand just by using pre-defined models of AI tools. Artificial Intelligence algorithms and models have the capability to deliver services that are human-based, and this tool never sleeps.

There are various opportunities for professionals to enhance their processes more efficiently. You can apply AI to different development processes such as data science, application development, etc., to deliver better services. Employees are worried that soon AI will replace them.

2. Augmented Analytics-

This trend actually focuses on particular areas of augmented intelligence by using machine learning (ML) to change the way how the content of analytics developed, shared and consumed. The capabilities of augmented analytics are unique and help you quickly streamline processes like data management, data preparation, business process management, and data mining and modern analytics.

You will receive automated insights from augmented analytics in your business applications such as for those HR, sales, finance, marketing, asset management, procurement, and customer service to analyze the performance of each employee not only data scientist and data analyst. Your processes like data preparation, insight generation, and insight visualization will get automated, eradicating the need for data professionals in some situations.

3. Blockchain-

Gartner predictions regarding Blockchain are amazing. Blockchain has transformed various industries by facilitating trust, offering transparency, and dropping resistance across the business operations probably lowering cost, reducing transaction-settlement times and enhancing cash flow.

Nowadays, trust is to be found in the clearinghouse, banks, government and other institutions are known as central authorities to secure your database. However, these encrypted trust models cause delays and resistance cost to transactions in term of fees, commissions, and valuable time. Here comes Blockchain! Blockchain provides an optional trust method and takes away the need for sorting out the transactions.

4. Quantum Computing (QC)-

Quantum Computing according to Gartner can be used for analogous execution and scalability as it plays a vital role in eliminating complicated traditional models or where traditional algorithms consume maximum time to resolve one single problem. Industries such as pharmaceuticals, finance, insurance, military, and research centers have gained immense benefits from this tool. It is advisable that other sector should begin to optimize QC to enhance their understanding to resolve real-world business challenges.

With QC, a business can grab insights of every upcoming technology at its emerging state only. Besides all these, QC can significantly help you with security measure, protecting your business data in every aspect. Organizations should start learning more about Quantum Computing as it will revolutionize the business industry rapidly soon.

5. Smart Spaces-

As per Gartner report, a smart space is an environment that consists of physical or digital devices, which enable humans and intelligent systems to interact with each other seamlessly by staying connected, coordinated in a unique ecosystem. There are countless aspects involved in smart space environment like processes, people, services and a lot more to build a captivating, interactive and automated experience for specific people and industry circumstances.

6. Digital Twins-

Digital twins represent of a real-world thing or system according to Gartner reports. As per Gartner predictions, by 2020, you will find digital twins in more than 20 billion allied sensors, and endpoints to bring a lot of things. What you need to do is implement digital twins initially, and let then evolve in the end, enhancing their ability to collect and visualize the exact data, enabling to allow precise rules and analytics to accomplish their desired goals.

7. Autonomous Agents-

This aspect includes tools like drones, robots, and autonomous vehicles empowered by AI applications to perform those tasks that were earlier performed by humans only. As the autonomous agents’ flourishes, it is expected that technologies will become more smart and collaborative with multiple devices working mutually or with human efforts.

8. Empowered edges-

In the near future, edges will be powered by IoT to the keep need of processing near to the winning point rather than cloud-based servers. Gartner believes that in coming five years, AI specialized chips will be introduced with excellent storage, processing power, and other smart capabilities will be found in a wide range of edge devices. The intense of diversity entrenched with IoT and long life cycles of assets such as industrial systems will impose significant challenges to the management. Once the 5G proliferates, you find extreme ease in the communication support to centralized services.

Wrapping up

2019 will be a challenging and thrilling year for businesses with the ever-growing technologies that have only one motive “To ease the life of humans and enables businesses to deliver better to their customers or clients.”

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