Understanding the value and impact of Emerging Technologies
Understanding the value and impact of Emerging Technologies
Emerging technologies are those technologies that are at the beginning stages of development or are in their early stages, where they are beginning to emerge into popularity from obscurity.
Emerging technologies are a class of new technological innovations that are being developed or will be developed over the next five to ten years.
To be defined as emergent, technology must have quick growth, influence, revolutionary originality, and consistency.
Emerging technology has the ability to revolutionize how we do business, enabling our world more effective, sustainable, and better.
While the introduction of computing devices, smartphones, and the internet changed the way people interact and conduct business, emerging technology attempts to advance those innovations to serve both corporations and individuals.
Emerging technologies have the capability to provide firms with major technological advantages in the coming years.
This technology is making our devices better, delivering greater and more useful insight into data, and increasing the efficiency of cloud-based products.
In terms of impact, these technologies have the potential to revolutionize how we operate.
Using the potential of emerging technology to boost economic advancement and acquire useful insight into how to improve our planet to a cleaner, better, and much more economical place is a win-win situation.
Here are the top ten emerging technologies that are currently transforming the economy globally:
- Artificial intelligence
- Machine Learning
- 3D printing
- Augmented/Virtual Reality
- Nanotechnology
- 5G and the Internet of Things
- Blockchain
- Robotic Process Automation
- Quantum Computing
- Big Data
