Technology is adapting to our modern lifestyle and is changing the way we work and lead our lives. In the past decade, the rate of this change has increased to a great extent, and you need to improve your pace to make intelligent decisions. With innovation in technology taking a massive leap in the 21st century, the world is gradually transforming into a digitally enabled mesh of people, things and services. For 2018 and beyond, expect a thin line between what is real and what is digital. With the advancements in the fields of Artificial Intelligence, Internet of Things, immersive experiences, etc., you need to be aware of these improvements that have high potential, and some of them are:
2018 seems to be a year of increased expectancy for artificial intelligence as it aims to evolve into something that will take our breath away. In the future, artificial intelligence will be used extensively to improve customer service, to enhance decision making and to redesign business models. Robots are no more the way they used to be. Artificial intelligence has enabled them to behave like humans. They are capable of showing human emotions and are also the treasure houses of knowledge and intellect. Artificial intelligence has recently made robots life-like enough to provide satisfactory companionship.
Advanced Internet of Things (IoT):
The prospect of digitalizing everything will reach unexpected heights in 2018. Everything will be made smart, digitized and placed online by attaching chips or sensors. It will include cars, washing machines refrigerators, and wallets. Online finance will evolve and get rid of paper money. The sensor-based IoT devices will dominate the economy due to the emergence of a supportive 5G networking as well the continuously improved networking technologies. The efficiency of IoT data in supply chains, service capabilities, and customer experience and partner relationships is indispensable.
A digital twin is a digital depiction of a real-world system. In the context of IoT, digital twins are related to real-world objects and give information on the state of the equivalents, respond to innovations, improve operations and add value. With an estimated 21 billion connected sensors and endpoints by 2020, digital twins will exist for billions of things in a short time. Billions of dollars are expected to be used for maintenance, repair and operation (MRO) and optimized IoT asset performance is on the table.
Cloud on the Edge:
Edge computing includes technology in which the information source is closer to information processing and content collection and delivery. Cloud and Edge computing may appear to be similar, but they are competing in approach. If implemented together, Cloud could be used to recreate service-oriented models, and Edge would probably offer a delivery style for implementation of detached parts of a cloud service. Enterprises should begin using edge design patterns in their infrastructure architectures, particularly for those with significant IoT elements. A good starting point could be using collocation and edge-specific networking capabilities.