Technology Trends for 2018
We show our six biggest technology trends for 2018 that will affect the world in the next years. Topics include Artificial Intelligence (AI), Smart Apps, Intelligent Things, Autonomous Vehicles, Virtual Reality (VR), Augmented Reality (AR), Blockchain.
- Artificial Intelligence (AI)
Systems that learn and act autonomously will evolve.
The ability to use AI to enhance decision making, reinvent business models and ecosystems, and remake the customer experience will be a major success factor.
Companies need to invest in skills, processes and tools and adapt fast in this space.
China will take a leading role in AI by 2030. The AI market will reach over $9 billion USD by 2020.
2. Smart Apps based on AI
Apps will have an advanced level of AI.
These smart apps will create a more efficient use for people and have the potential to transform the nature of work and the structure of the workplace.
Apps and services will incorporate some level of AI and machine learning.
AI will be used to add business value in the form of advanced analytics, intelligent processes and advanced user experiences.
3. Intelligent Things
More intelligent things will work together powered by the internet.
Intelligent things are physical things that use AI to deliver advanced behaviors and interact more naturally with their surroundings and with people.
AI is driving advances for new intelligent things (such as robots, autonomous vehicles and drones) and delivering enhanced capability to many existing things (such as Internet of Things [IoT] connected consumer and industrial systems).
4. Autonomous Vehicles
More autonomous vehicles on limited, well-defined and controlled roadways.
The use of autonomous vehicles in controlled settings (i.e. in tourism, transport and logistics) is a rapidly growing area of intelligent things.
Semi-autonomous vehicles will dominate in the next years. During this time, manufacturers will test technologies and the non-technology issues such as regulations, legal issues and cultural acceptance will be defined.
Tesla is expected to unveil a new semi truck in November 2017. The electric semi truck will be equipped with Tesla’s semi-autonomous Autopilot driving system, which provides automatic steering, braking, and lane changes on highway roads.
Of course, Tesla’s not the only carmaker pursuing autonomous driving technology. General Motors had produced 130 fully autonomous cars on a regular vehicle production line. Also Bestmile, an innovative Swiss company developing technology for urban mobility. BestMile provides a fleet management platform designed to operate and optimize any fleet of autonomous vehicles.
The driverless car market is expected to be worth $77 billion by 2035, and with the pace of innovation among Tesla, GM, Bestmile and others already picking up.
5. Virtual and Augmented Reality (VR / AR) go mainstream
More applications and content for VR and AR will appear
VR and AR is going to grow fast among consumers next year thanks to Apple and Google’s recent push to make the technology mainstream. Also companies like Advir.co is innovating this space offering a marketplace to bring advertising into VR and AR.
It will change the way how people perceive and interact with the digital world and will increase productivity.
There is no homogenous market and it is still very fragmented. The next years will bring real business value outside of the entertainment / gaming space. Companies need to examine where VR and AR can be applied to make the organization more productive to create a real business benefit.
Blockchain is evolving from a digital currency infrastructure into a platform for digital transformation
Blockchain brings a radical change from current centralized transactions to a decentralized world and is the foundation of disruptive digital business for both established enterprises and startups.
Blockchains originally focused on the financial services industry and mainly cryptocurrencies but will expand rapidly in other fields in the next years. Potential applications are in government, healthcare, manufacturing, media distribution, identity verification and supply chain.