by Anika D | Jan 27, 2023 | Emerging Technology
Emerging technologies have become an important part of today’s progressive world. Whether it’s communication, transport, or healthcare, it has dominated every realm to make our lives better.
We have come a long way when it comes to modern technology. From smartwatches to smartphones, professionals from the technology industry have made general things faster and better with time.
A good thing about these emerging technologies is that things don’t stop. Every year the technological industry witnesses something more advanced and cutting-edge than usual. Wondering what 2023 has on its plate?
Let’s find out:
Digital Immune System
A digital immune system integrates several technologies and efficient practices from multiple domains, like automation, software design, analytics, etc., to ensure a good user experience. Its motive is to eliminate any system failures in software applications and identify the cyber attacks that may affect business performance.
A digital immune system works similarly to how a human immune system works. It identifies any issue or malicious activity and fights it off, similar to how the human immune system fights disease. A digital immune system helps enterprises and makes them stay stress-free from any data exploitation and cyberattacks.
A digital immune system can ensure a resilient, high-performing, and user-friendly software application. In 2023, digital immune systems will use advanced technologies like AI and machine learning to auto-identify and fix unexpected operational issues.
Green Technologies
With great powers come great responsibilities. And thankfully, we’ve all realized it now! As technology progresses, industry experts are most concerned about the environment, and that’s why sustainable and green technologies will be highlighted more.
Things like green hydrogen and nuclear fusion will evolve at a faster pace this year. For those who don’t know, green hydrogen is a cleaner source of renewable energy that’s generated from hydrogen or low-carbon power. So, they are a must-have!
There’ll also be an upscale in other renewable energy sources like solar energy and wind energy. That’s because technologies are being built to make these energy sources more accessible and cheap.
Put simply, it’s likely that in 2023, technology will see a new approach toward development. While professionals are already on it, there will be extra emphasis on advancement through a greener environment.
Artificial Intelligence and Machine Learning
AI and ML have already been the talk of the town in 2022, and this year is no exception. However, in 2023, you can expect explosive growth for both. One thing that you may notice this year is more awareness about these emerging technologies.
Companies nowadays are aware of AI and ML, but their teams still need to learn more. As company leaders understand the significance of AI and ML, you can expect a widespread consciousness of these technologies.
Additionally, you may see both AI and ML being associated with advanced voice and language-driven intelligence. Also, AI has been lacking some ethics and security earlier, so these departments will be managed too. In 2023, you may see more moral, comprehensible, and modern algorithms for AI and ML.
Robotic Process Automation (RPA)
Robotic process automation is an advanced technology that imitates the action of human interaction with the software. It automates business operations through bots and ensures that there is less human participation. Whether it’s logging into applications or entering data, RPA can handle it all. That’s why it has become so popular all these years.
In 2023, you may expect more industry-specific and wide RPA adoption. You may also witness a collaborative RPA with smooth integration with other technologies. Soon, you may notice an automated approach and more productivity.
Some other RPA trends for 2023 include:
- More RPA CoE (Centre of Excellence) Establishments
- Increase in low-code/no-code platforms
- Intelligent automation
- The popularity of RPAaaS (RP as a service)
- RPA-driven MSPs (Managed Service Providers)
Platform Engineering
Platform engineering means designing, maintaining, and creating workflows/tools for any organization’s technology infrastructure. With this technology, industry experts can stay assured of consistency and escalated performance.
The main motive of platform engineering is to boost the developer experience and ensure that the business delivers products of greater customer value. With this pace, it80% of engineering organizations will likely80% of engineering organizations will form platform teams by 2026. Also, platform engineering will be proven beneficial for resolving cooperation issues among developers and operators.
Other Emerging Technologies in 2023
When it comes to emerging technologies in 2023, the list doesn’t end here. There are several other technologies that you may see dominating this year like:
To sum up, 2023 has several technological trends to witness. Out of all, technological trends like AI, ML, and automation will stay a staple in the industry.
Now that you know about these emerging technologies, which one do you think will make our life easier and better?
by Anika D | Jan 18, 2023 | Emerging Technology
When we talk about technological advancement, one thing that stayed consistent all along is Artificial Intelligence. Throughout all these years, AI has become more than just a mental picture. It has dominated different realms of the world, starting from spam filtering in emails to search predictions and voice recognition in applications.
In fact, chatbots (AI computer programs) have become a crucial part of different companies for managing customer inquiries and ensuring high-end chat support. So, it’s already quite dominating!
Not just that, AI is an evolving field. Each year, new trends keep on adding up to make it more advanced with time. So, what does 2023 have for AI? If you are thinking so, then read through:
AI in Cybersecurity
Cyberattacks have become a major threat among users nowadays. But, it’s likely that AI will be integrated with security operations.
As more and more people are switching to online platforms, AI will be useful in identifying any dubious trends or cyber threats for users. It’ll use advanced analytics to identify and combat the issue.
AI softwares will recognize the vulnerabilities and ensure that even five-year-olds are able to use the platforms. It’ll make things easier for the users, regardless of how good or bad their technical knowledge is.
Upscale in Voice and Speech Recognition Intelligence
Although voice and speech recognition intelligence is already popular, in 2023, you’ll see it more often in different industries. You must have already noticed how smart devices have become common among households. Whether it’s smart speakers, TVs, or alarm systems, smart solutions have taken a toll everywhere.
However, with organizations going remote with their business, you may witness extra smart solutions with innovative features. CRMs and other businesses will be more associated with voice assistants, so you can stay assured of meeting the unique company needs.
Sustainable AI
Sustainability is an important aspect of the technical world, and AI is no exception. So, this year, AI experts may focus more on sustainable AI.
Companies may focus more on reducing carbon footprints for a greener and better environment. There’ll also be a rising trend of sustainable AI-oriented algorithms like cloud networks and edge devices.
Not just that, businesses may use existing models for a new task, so the cost of training models may reduce. All in all, as sustainable IT is revolutionizing the environmental and social approach, you can expect a great change in the life cycle of AI softwares/products for better ecological integrity and balanced benefits.
Human and Machine Collaboration
Although machines and robots have become common, it’s still a far-off use of AI. However, 2023 will see some upsurge in automated and intelligent machines.
It’s expected that by the year 2025, there’ll be more advanced AI and robotics, and these technologies will pervade different aspects of daily life. Looking at the predictions, 2023 may see a boost in human and machine collaboration.
Many companies worldwide have understood the significance of automation that these technologies offer. They realize how machines have cut down labor costs significantly and managed supply chain issues. So, to keep up the advancement (at present and in the future), organizations may invest more in human-machine collaboration.
The Rising Popularity of AIOps
AIOps stands for Artificial Intelligence for IT operations. It integrates well-known technologies like AI, machine learning, and big data to automate operations processes.
Throughout these years, AIOps adoption has become extremely crucial for managing networks and cloud services. If things go like that, it’s likely that AIOps may witness a major surge of $3.4 billion market value by 2025. Not just that, you may expect a CAGR of 21.05% by 2027.
Looking at this prediction, AIOps will further rise in popularity this year.
Avatars and Metaverse
Last year avatars and metaverse were quite the talk of the town. However, this year the hype will take a new step. It’ll certainly go beyond gaming and related domains.
This year, you can expect avatars with more movements and facial features. It can be created with more realistic and authentic features than usual.
As the avatars become more realistic and customizable, you may expect an increase in their use. Eventually, it’ll help people in the metaverse to express themselves in a personalized manner.
Generative AI
Generative AI is the new approach towards content creation that’s revolutionizing creative work. It’s secured with algorithms that can be used for producing new content like audio, images, video, text, etc.
2023 will be the year of generative AI. This year generative AI will be more accessible to users. The quality of the content will improve, plus it’ll become more mainstream among businesses. As it becomes more widespread, you can expect more job opportunities for skilled professionals in the field.
Final Note
These were some of the AI trends to watch in 2023. Which one of the above trends do you think will lead the AI charts this year?
by Anika D | Jan 8, 2023 | Emerging Technology
Cryptocurrencies have become one of the popular investments worldwide with the potential to drive marketing growth. The digital currency is likely to hit a transaction value of $16 billion + as more people get associated with it in 2023.
Cryptocurrencies are created through crypto-mining. It’s a process where professionals use maths problems to verify transactions and include them in the blockchain ledger. A bit complex!
Thankfully, we are in a tech-oriented world where with the help of cloud mining, things have changed for good. So, what’s cloud mining, and how can it make crypto mining easier? Let’s find out:
What is Cloud Mining?
Cloud mining is an efficient way to create cryptocurrencies, where professionals use rented computing power from a third-party source. These third-party sources are usually cloud mining service providers.
In this process, you don’t have to invest in mining rigs or running blockchain nodes. Rather you rent them from the service providers. This means even their management and maintenance are none of your business.
You can also rent hash power, that is, the computational potential in a machine used for crypto mining, from their mining farm.
Meanwhile, you can monitor everything (including revenues and hash rate) from your smartphones/pc at home. This makes it much more convenient than traditional crypto-mining.
All in all, cloud mining is perfect for those who aren’t into technicalities.
Types of Cloud Mining
There are two types of cloud mining:
- Host Mining: Host mining, as the name denotes, is where you lease or buy mining rigs. It’s quite useful as you’ll just have to pay maintenance costs and get complete control of the mining rigs. With this, you can mine multiple cryptocurrencies and get good profits. Another plus point is that you can claim the rewards entirely without sharing them with a third-party source.
- Leasing Hash Power: In leashing hash power, you don’t have to pay any maintenance and setup costs. But you’ll just be able to borrow the hash power. This means you wouldn’t get any control over the equipment, and the rewards will be shared by the mining farm platform.
How Has Cloud Mining made Things Easier for Miners?
Now that you’ve understood the basics of cloud mining, you must have got a quick idea of how it has made things easier for miners. There are several benefits that highlight the same:
Hassle-free mining: In cloud mining, there is no hassle of equipment configuration, electricity costs, or wiring loads. Everything is managed by cloud computing service providers.
Multiple currency mining: Cloud mining can be a golden opportunity if you’ve been planning to mine multiple currencies from the same service provider. With this strategy, the risks will be much lower. However, when mining a new currency, stay aligned with the crypto predictions and choose accordingly.
Peaceful environment: We know how chilling towers and cooling fans (due to mining equipment) can be loud and annoying. Thankfully, there are no such issues with cloud mining. So, you can have a peaceful atmosphere at home.
High Power: In cloud mining, there is no power issue. As you can access large data centres with a high amount of power, you can stay assured of the same. Sounds much better than building your own mining farm, doesn’t it?
Cost-efficient: Cloud mining is much more reasonable and cost-cutting than traditional mining. As you don’t have to install hardware, you can stay stress-free of the purchase cost and electricity cost.
Reliable: As everything is managed by the service providers themselves, your mind can stay at peace on a regularly serviced platform. If any equipment suffers from a glitch or breakdown, they’ll handle the same.
Dos and Don’ts of Cloud Mining
If you are interested in trying our cloud mining, there are certain things that you must keep in mind:
- Always choose a trustworthy and well-known cloud mining platform for your requirements.
- Do your research on cloud mining and mining platforms so you can identify any red flags instantly.
- Choose your cryptocurrency (for mining) as per the blockchain trends and profitability.
- Check for the hash rates that are provided by the platform. It should justify the investment you are making in it.
- Don’t choose platforms that take control of your earnings. Also, ensure that the platform is serious about its safety and security.
How to Identify Any Fraud in Cloud Mining?
Earlier, we were talking about how you should be able to identify any red flags while choosing a cloud mining platform. When we say that, you must stay cautious of platforms that promise you unrealistic rewards in a short time.
You must also go through the company history and information thoroughly. If the details seem less or irrelevant, try to rectify your queries directly with the company.
Another red flag for a cloud mining platform is when there are insufficient options to recharge the account. All in all, you must do your research and try out a company, only if they are 100% genuine.
We hope now you know how cloud mining has made crypto-mining easier for the miners.
by Anika D | Dec 24, 2022 | Artificial Intelligence
Generative AI allows companies to produce unique and realistic textual, visual, and animated content within seconds. Moreover, Gartner also predicts that by 2025, out of all the data generated, 10% will be developed through generative AI.
This domain of Artificial Intelligence has revolutionized the creative industry significantly. This is what this blog post is about. Keep reading as we outline how generative AI empowers enterprises’ creative work in 2022.
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Ways in Which Generative AI is Revolutionizing Creative Work
Image Generation
Companies can roll out impressive, realistic images with the help of generative AI. The results are based on the user’s subject, style, setting, or location. These images are further used for commercial, advertising, education, and marketing purposes.
Semantic Image-to-Photo Translation
Generative AI enables companies to create a realistic version of semantic images. Companies that work with travel agencies or the healthcare sector can use this technology to facilitate location access for users.
Image-to-image Conversion
Many cosmetic and transformation brands use generative AI technology to help consumers see their probable future image. This technology is widely used in the optical, makeup, and fashion industries. With a few clicks, it shows the possible transformation of the buyer after using the products.
Super Resolution
Generative AI utilizes different methods to develop new content based on existing ones. Generative Adversarial Networks – GANs, are one of the most popular here. It consists of high-quality generators and discriminators to create new and realistic data. This method allows companies to create high-resolution images within minutes. This technology is immensely useful for surveillance purposes.
Text-to-Speech Generator
Generative AI also helps companies to produce realistic speech audio. It helps them achieve real results in less time. Moreover, the discriminators serve as an expert who tones, accentuates, and modulates the voice accordingly. This technology is useful in marketing, education, advertisement, and podcasting applications. Besides, AI is also revolutionizing out-of-home advertising for small businesses.
Speech-to-Speech Conversion
A revolutionizing application of generative AI that uses existing voice sources for voice generation. With this technology, voices can be quickly created. Companies operating in the film and gaming industries can use Speech-to-Speech Conversion to develop games, documentaries, and commercials without the assistance of a voice artist.
Music Generation
Do you know this tech can help music production? It has advanced music-generation tools to create unique musical content for advertisement and other purposes. However, enterprises need to take care of the copyright and infringement aspects while generating music with this technology.
Text Generation
It can generate text with state-of-art ML algorithms. It is also used in creating headlines, dialogues, or ads. Moreover, text-generation tools can also be used in live chat boxes and social media content generation. Apart from this, it is worth exploring how adaptive AI will change the customer experience in various sectors.
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Summing Up
Generative AI is a booming technology expected to reach USD 110.8 billion by 2030. It is one of the rarest technologies with wide applications across different industries. It is high time companies start investing in this technology to leap over the competition.
by Anika D | Dec 13, 2022 | Emerging Technology
With the advent of Fitbits and smartwatches, wearable technology has smoothly shifted from fiction novels into the real world. This versatile technology is a part of the IoT and can be used in multiple ways by enterprises.
So, whether it’s boosting employee productivity, monitoring employee safety, or encouraging healthier lifestyles, wearables can offer many benefits to businesses. Keep reading as we outline how wearable technology is driving innovation in companies.
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How is Wearable Technology Boosting Enterprises
Here are all the ways:
Boosts Employee Productivity
Wearables do a great job of cutting down non-value activities. It helps employees completely focus on the professional roles they are qualified for. The data collected by the wearables are compared against the metrics, targets, and organizational goals.
Any deviation in the results can be immediately looked upon and corrected. This process is also crucial for good time management for every organization.
Better Communication
Wearables like smartwatches offer push notifications and other options to inform about the latest updates. Moreover, you can also respond to these notifications instantly. Such responsiveness strengthens the communication system of the organization.
Management can use this technology to inform the departments about recent policies and other changes. It also helps in enhancing job satisfaction among employees.
Data Safety
Wearables play a vital role in safeguarding a company’s confidential data. Employees with access to this sensitive database can activate login alerts in their wearables. Any unauthorized access will be immediately notified to the employees.
Apart from this, these wearables can also help notify any third-party logins. Here are the top 5 cybersecurity trends to look out for in 2023. It will help companies stay abreast with the latest developments in cybersecurity trends.
Improved Customer Services
You would be surprised to know that wearables can help significantly in improving customer services and buying experiences. It is why 79% of companies have already adopted this technology.
Companies can use this technology to record biometric data, spending information, preferences, and consumers’ location. Moreover, applied observability is the new enterprise IT monitoring trend. Companies can use it to churn the best out of their data.
Better Quality of Products
Companies can leverage the power of wearable technology to remove bottlenecks in their production processes. Departments can be asked to post their manufacturing updates regularly. It will help the management to keep a tap on the progress and speed of the production process.
Apart from this, any glitches in the quality of the products can also be immediately informed to and addressed by the concerned department. Employees need not check their smartphones or systems to check the progress of the production system.
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Bottom Line
The wearable technology market is expected to grow at an annual rate of 13.89% by 2030. This technology is a boon for modern enterprises that aim to make it big in the coming times. They can drastically transform their online and offline market presence if used optimally. It is a new technology and is expected to stay longer. So, it is high time enterprises consider investing in this technology and making the most of it.
by Anika D | Dec 10, 2022 | Emerging Technology
The Department of Energy is looking forward to announcing that its scientists have been able to produce nuclear fusion for the first time. It is successful in creating a net energy gain. It is a major milestone in a multibillion-dollar and decades-long mission to develop a technology that can provide affordable, clean, and unlimited power.
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The main objective of fusion research is to imitate the nuclear reaction through which the sun creates energy. This process is a “holy grail” of carbon-free power that scientists have sought since the 1950s.
However, this revolutionary discovery is still decades away from commercial applications. But the latest developments are likely to be pushed by the Biden administration as an assertion of a massive investment by his government over the years.
Huge amounts of private and public funds have been fuelled into this fusion race around the globe. It aims to produce fusion machines introducing electricity to the grid sans any carbon footprint.
Moreover, it also promotes zero radioactive waste and minimal resource utilization to harness wind and solar power. Apart from the climatic benefits, scientists say this fusion breakthrough can also help get affordable electricity to underdeveloped parts of the world.
This development was first confirmed by two scientists involved in the research. They termed it a major scientific breakthrough that would pave the way for cleaner energy. The science of nuclear fusion depends on smashing two different atoms together. It is done at incredibly high speeds.
It transforms the energy created from the fusion into electricity. This electricity can power offices and homes without releasing carbon into the environment. It will also not dump radioactive waste into the atmosphere.
For decades scientists have been trying to fusion reactions, but they have been unable to do so to date. They wanted to create a fusion that would generate more energy than it uses. Although this achievement is remarkable, many scientific and engineering challenges are ahead.
Generating the net energy gain needs the engagement of one of the biggest lasers in the world. Moreover, the resources required to recreate this reaction are immense. Building gadgets that are big enough to develop fusion power at scale will need extraordinarily difficult materials that are hard to produce.
Similarly, the reaction developed by the neutron also puts an immense amount of stress on the machinery creating it. The pressure is so intense that it can also destroy neutrons in this process.
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The Biden administration is conducting fusion energy research in its energy and climate agenda. The projects have been at the front of the line for the billions of dollars in grants and subsidies authorized through a major climate package sanctioned by Biden under the inflation Reduction Act. Over the years, Russia, the USA, and other European countries have given billions of dollars to master this science, considering it a boon for the world.
