(1) IOT-Internet of things
The internet of things, or IoT, is a system of interrelated computing devices, mechanical and digital machines, objects, animals or people that are provided with unique identifiers (UIDs) and the ability to transfer data over a network without requiring human-to-human or human-to-computer interaction.
(2) Artificial intelligence (AI)
Artificial intelligence (AI) is the simulation of human intelligence processes by machines, especially computer systems. These processes include learning (the acquisition of information and rules for using the information), reasoning (using rules to reach approximate or definite conclusions) and self-correction.
(3) Driverless Cars
Driverless cars used to be the sort of thing you’d see in sci-fi films - but in 2018 they’re becoming a reality. Autonomous car technology is already being developed by the likes of Lexus, BMW and Mercedes, and Tesla’s driverless Autopilot system.
Amazing benefits of driverless cars
a) Increase in Safety
b) Less Traffic
c) Reduced emission
(4) Robots
Robots are also used in factories to build things like cars, candy bars, and electronics. Robots are now used in medicine, for military tactics, for finding objects underwater and to explore other planets. Robotic technology has helped people who have lost arms or legs. Robots are a great tool to help mankind.
(5) Implantable technologies
Given rising healthcare costs, there has been an ongoing move toward shorter and shorter hospital stays. Patients are going home sicker and require ambulatory health monitoring. Many patients are living with chronic diseases which need to be managed. And our population is aging, with many older citizens who either cannot afford to—or do not want to—live in an assisted living facility. Oftentimes, the elderly live alone or are left alone during the day. And so there is a need to be able to look out for their safety.
Technological advancements have lead to the miniaturization of monitoring devices and power sources, opening up a whole new world of possibilities and innovations. And the powerful, portable computers we continue to refer to as “cell phones” now weigh so little and can do so much real-time monitoring has now become viable for an array of applications.
(6) 3D Printing technology
3D printing or additive manufacturing is a process of making three dimensional solid objects from a digital file.
The creation of a 3D printed object is achieved using additive processes. In an additive process an object is created by laying down successive layers of material until the object is created. Each of these layers can be seen as a thinly sliced horizontal cross-section of the eventual object.
3D printing is the opposite of subtractive manufacturing which is cutting out / hollowing out a piece of metal or plastic with for instance a milling machine.
3D printing enables you to produce complex shapes using less material than traditional manufacturing methods.
(7) BIG Data
Big data is a term that describes the large volume of data – both structured and unstructured – that inundates a business on a day-to-day basis. But it’s not the amount of data that’s important. It’s what organizations do with the data that matters. Big data can be analyzed for insights that lead to better decisions and strategic business moves.
The importance of big data doesn’t revolve around how much data you have, but what you do with it. You can take data from any source and analyze it to find answers that enable 1) cost reductions, 2) time reductions, 3) new product development and optimized offerings, and 4) smart decision making. When you combine big data with high-powered analytics, you can accomplish business-related tasks such as:
· Determining root causes of failures, issues and defects in near-real time.
· Generating coupons at the point of sale based on the customer’s buying habits.
· Recalculating entire risk portfolios in minutes.
· Detecting fraudulent behaviour before it affects your organization.
(8) Virtual reality
Virtual Reality (VR) is the use of computer technology to create a simulated environment. Unlike traditional user interfaces, VR places the user inside an experience. Instead of viewing a screen in front of them, users are immersed and able to interact with 3D worlds.
(9) Sensors and actuators
Driven by new innovations in materials and nanotechnology, sensor technology is developing at a never before seen pace, with a result of increased accuracy, decreased size and cost, and the ability to measure or detect things that weren’t previously possible. In fact, sensing technology is developing so rapidly and becoming so advanced that we will see a trillion new sensors deployed annually within a few years.
Within next decades trillion of sensors will be connected to internet. They will simplify difficult task such as diagnosis the disease where technology and healthcare has been scare
(10) Security systems technology
Integrated Security System Technology
Security systems protect families, homes, prized belongings, businesses and more. Technicians in this field ensure that these electronic devices and systems work properly in a variety of environments. Read on to learn more about education and career options in security system technology.
Benefits of Integrated Security System Technology
This system takes multi-layered security systems and integrates them into one solution. For example, a business can have the following security systems:
Video SurveillanceAccess ControlIntrusion AlarmP.A SystemUniformed Guard Service
In terms of benefits it can give to your business is efficiency, real time monitoring, centralisation, and theft prevention and boost productivity.
Praveen C Srivastava, Business Coach
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