The Top 5 Technology Trends
The 5 technology trends of 2020 that we will be diving into are as follows:
- Artificial Intelligence
- Machine Learning
- Hyperautomation
- Edge Computing
- Multiexperience
Hover over or click the tiles below to learn more about each trend.
Artificial Intelligence
Artificial intelligence is the intelligence that is demonstrated by machines. There are four main types of artificial intelligence including: reactive machines, limited memory, theory of mind, and self-awareness.
Edge Computing
Edge computing is a distributing computing paradigm that brings both computation and data storage closer to the location where it is needed, to improve response times and save bandwidth.
Hyperautomation
Hyperautomation combines technologies in order to automate, simplify, discover, design, measure, and manage workflows and processes across the business. It includes process management, robotic process automation, artificial intelligence, machine learning, and more.
Machine Learning
Machine learning is the study of computer algorithms that improve automatically through experience, and is seen as a subset of artificial intelligence.
Multiexperience
Multiexperience refers to the various permutations of modalities (e.g., touch, voice, and gesture), devices, and apps that users interact with on their digital journey across the various touchpoints.
Did you know?
- Five out of six Americans use AI services everyday, including navigation apps, content streaming services, smartphone personal assistants, ride-sharing apps, home personal assistants, and smart home devices.
- Automation will eliminate 73 million more jobs by 2030.
- Edge computing will increase as the use of the Internet of Things (IoT) devices increases.
- The global edge computing market is expected to reach $6.72 billion by 2022.
- By 2022, application integrations delivered with robotic process automation (RPA) will grow by 40% year over year.
- The average RPA salary is $73,861, with the top 10 percent earning over $141,000 annually.
- By 2021, at least one-third of enterprises will have deployed a multiexperience development platform to support mobile, web, conversational, and augmented reality development.
- Domino's Pizza's multiexperience strategy, called Domino's Anyware, enables customers to order pizza in 15 different ways from their favorite devices, which led to a 90x increase in stock value.
In Conclusion
Ultimately, the integration of technology with day-to-day activities has already begun. However, you can stay slightly ahead of the curve by adopting emerging technologies early on. Do you have comments or questions? Message us.
Resources & Further Reading
- Clearley, David W. “Top 10 Strategic Technology Trends for 2020.” Gartner. Gartner, Inc., 2020. https://www.gartner.com/en/publications/top-tech-trends-2020.
- Daugherty, Paul, Marc Carrel-Billiard, and Michael Biltz. “Technology Vision 2020,” 2020. https://www.accenture.com/us-en/insights/technology/technology-trends-2020.
- Duggal, Nikita. “Top 8 Technology Trends for 2020.” Simplilearn.com. Simplilearn, July 27, 2020. https://www.simplilearn.com/top-technology-trends-and-jobs-article.
- Hintze, A. (2016, November 13). Understanding the Four Types of Artificial Intelligence. Retrieved August 20, 2020, from https://www.govtech.com/computing/Understanding-the-Four-Types-of-Artificial-Intelligence.html
- Hyperautomation – What Is It? Hint: It’s More Than RPA. (n.d.). Retrieved August 20, 2020, from https://www.appian.com/hyperautomation/