The world around us is constantly changing, exposing us to more sophisticated challenges. The year 2020 is a perfect epitome of how unpredictable life can be.
2021 the Year of Automation- 4 Technology Trends
The ravaging Covid-19 pandemic saw medical institutions deploy technology to find vaccines and protect the global population.
Advanced Technological Trends
While the medical sector is one of the fields that have benefited from advanced technology, there have been impactful trends in the e-commerce industry, the telecommunication sector, and the security fields.
The need for less social interaction has led to the implementation of technologies that require less human intervention. Some of these technological trends include;
Robotic Process Automation (RPA)
RPA uses the same concept as AI, which is the automation of jobs. With RPA, one can use the software in undertaking business processes such as replying to emails, analyzing data, processing transactions, and interpreting applications.
If you have overlapping tasks and you need to cut down on personnel, RPA is the ultimate solution. Although RPA will make work easier at the workplace, it is a threat to more than 230 million workers, who represent about 9% of the workforce in the world.
While eliminating current jobs, RPA will generate more jobs since 60% of global occupations can only be partially automated.
Artificial Intelligence (AI)
Artificial Intelligence has been around for a while, but there are always new ways it impacts our lives.
This technology is used in real-time data analysis to determine customer behavior patterns and is also used to predict demand services for institutions such as health centers to enable authorities to make sound decisions.
AI is rapidly spreading into new sectors such as in-person casinos and online gaming platforms. It has played a key role in enhancing the casino experience where it analyzes a player’s behavior and understands what one likes.
Hence, AI makes it easier to recommend games that a player might want to try. Also, the AI can help the providers determine which players qualify for the latest casino bonuses based on the player’s activity.
These bonuses could be weekly/monthly offers or exclusive VIP bonuses. For new accounts, AI can detect if the player has had other previous accounts and if they qualify for new sign-up offers such as welcome bonuses, deposit bonuses, and no-deposit bonuses.
This technology utilizes quantum entanglement and superposition as elements of quantum phenomena. This form of computing has been lately deployed in preventing coronavirus.
Regardless of the source, this remarkable technology has been used to monitor and analyze data that is critical in the development of potential vaccines.
The banking and finance sector also relies heavily on quantum computing to detect fraud, manage credit risk, and high-frequency trading.
Quantum computing is expected to help develop breakthrough products and services that will redefine the manufacturing industry.
Ideally, the automotive, electronics and aerospace industries will benefit from manufacturing materials with better strength-to-weight ratios, batteries with higher energy densities, and similar eco-friendly interventions.
Internet of Things (IoT)
Internet of Things is a concept that allows you to link many devices to each other or connect them to the internet, thanks to in-built wifi.
Businesses are some of the biggest beneficiaries of IoT as this technology will enhance accuracy and efficiency in data collection and decision making.
It will also improve the dissemination and analysis of information for better customer service. The healthcare sector also stands to gain from this invention since it speeds up the communication process among healthcare workers.
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