What Are The 10 Types Of Technology?
There is nothing more dynamic than modern technology. It has been elevating our way of life and facilitating progress in different sectors continually and will keep a profound impact on all businesses in the coming years. Here is the list of the 10 types of technology that will acquire a huge market in the next years:
- Artificial Intelligence (AI)
- Augmented Reality and Virtual Reality
- Cognitive Cloud Computing
- Angular and React
- Internet of Things (IoT)
- Intelligent Apps (I – Apps)
- Big Data
- RPA (Robotic Process Automation)
Now, let’s countdown from here.
Artificial Intelligence (AI)
In the simplest terms, Artificial intelligence (AI) refers to the science of building smart machines that think and act like humans. Any machine that exhibits traits associated with human intelligence such as learning and problem-solving can be considered an AI.
In 1950, Alan Turing published “Computing Machinery and Intelligence” and its following Turing Test. This established the fundamental goal and vision of artificial intelligence.
Later, Norvig and Russell go on to explore four different approaches that have defined the AI field in history:
- Humanistic thinking
- Think reasonable
- Humanist action
- Act reasonable
Today, many different industries are using AI, such as finance and healthcare. Specifically, AI with simple programming tends to be single-task oriented, while strong AI carries on tasks that are more complex and human-like.
Blockchain technology is getting the most attention out of the 10 types of technology mentioned in this article. If you’ve been following banking, investing, or cryptocurrency for the past ten years, you may have heard the term “blockchain”, the record-keeping technology behind the Bitcoin network.
Blockchain seems complicated and certainly can be, but its core concept is actually quite simple. Blockchain is a type of database. One key difference between a typical database and blockchain is how the data is structured. A blockchain that collects information together in blocks, contains sets of information. Blocks have a certain amount of storage and, when filled, are linked with previously filled blocks, forming a data chain called a “blockchain”. All new information that follows that newly added block is compiled into a newly formed block, which is then also added to the chain after it is filled.
Decentralized blockchains are immutable, which means that the imported data is unchangeable. Different types of information can be stored on a blockchain but the most common use by far is as a ledger for transactions.
Currently, there are a lot of blockchain-based projects looking to implement blockchain in ways that benefit society in addition to recording transactions. Blockchain’s smart contracts are becoming more and more popular in sectors such as government, healthcare, and real estate. Major companies including PayPal have begun allowing ownership and use of cryptocurrencies on their platforms.
Augmented Reality and Virtual Reality
VR and AR simulate real life in a virtual world.
VR is the most widely known of this terminology, tricking your senses into thinking you’re in an environment or world different from the real world. Using a head-mounted monitor (HMD) or headphones, you’ll experience a world of computer-generated images and sounds in which you can manipulate objects and move around using them. The tactile controller when connecting to console or PC.
AR overlays digital information over real-world elements. Pokemon GO is the most famous example of this type of technology. Augmented reality keeps the real world at the center but enhances it with other digital details, layering new perceptions, and complementing your reality or environment.
Virtual reality (VR) has been the “next big thing” for a few years, but its time has finally come as a way to create realistic images, sounds, and other sensations that put you in the middle. breathtaking visual world. Augmented reality (AR), adding virtual content to your real-world environment, is contributing to a buzz, and both technologies will become an important part of our future.
Cognitive Cloud Computing
The Cognitive Cloud is based on the science of artificial intelligence and signal processing. The IT industry considers it is the next big revolution in space.
Cognitive Cloud Computing communicates in human language and helps professionals make better decisions by understanding the complexity of Big Data. Its market size is expected to generate $13.8 billion in revenue by 2020. Cognitive Cloud is one of the top 10 trending technologies reviewed this year.
Big brands like IBM, Google, Microsoft, and Cisco have started to deploy this next-generation technology to prepare for the upcoming market.
Angular and React
This is an odd one on the list. It is not a technology, but a methodology.
DevOps is a method of ensuring that both development and operation go hand in hand. The DevOps cycle is envisioned as an infinite loop demonstrating the integration of developers and operations teams by infrastructure automation, work process and continuously measuring application performance.
Internet of Things (IoT)
‘Internet of Things’ is no longer a buzzword, but has become an official tech ecosystem.
Essentially, the IoT is about connecting multiple devices and creating a virtual network where everything works seamlessly through a single surveillance center.
The IoT is a huge ecosystem of connected devices. All of which collect and share data with each other about how they worked and their environments. This consists of everything from cell phones, refrigerators, washing machines to almost anything you can think of.
With the IoT, we can have smart cities with efficient transport systems, waste management, and energy efficiency.
Intelligent Apps (I – Apps)
I-Apps is software written for mobile devices based on machine learning and artificial intelligence. The creation of I-Apps aims to make everyday tasks easier.
This involves tasks like organizing and prioritizing email, scheduling meetings, parent logging, content, and more. Some well-known examples of I-Apps are Chatbots and virtual assistants.
Big Data refers to the handling and storage of different types of data. Most companies today rely on big data analytics to gain insight into their customers, product research, marketing always, and more.
One staggering piece of news, Big Data drove Germany to the world championship!
If you already have some Big Data knowledge, great! If not, now is the time to start.
RPA (Robotic Process Automation)
Robotic Process Automation is the technology that allows you to automate routine and repetitive tasks. It stimulates and integrates human actions interactively in digital systems to perform a business process.
RPA robots use a user interface to collect data and manipulate applications like humans. They interpret, trigger responses, and communicate with other systems to perform many repetitive tasks. Only significantly better: an RPA software robot that never sleeps and makes no mistakes.
Many centuries ago, people used to think that these 10 types of technology were impossible. Now they are all possible thanks to the reliability and scalability of modern data centers, research, and development tools. Technology plays an important role in changing the dynamics of the business world. People can work remotely from around the world, process payments online, store and secure their data in the cloud and beyond. It allows businesses in all sectors to stay ahead of their competitors, to produce innovative services and products, and to deliver those services and products to consumers within their reach, their budget, on time, and anywhere in the world.