3 tech trends to keep up with in 2020
Innovations to expect this year
We’ve finally said our goodbyes to 2019 and welcomed 2020 as the next challenge for all tech enthusiasts.
However, 2020 is a completely new page for tech innovations. Not only is it a new year for challenges, but it’s also a new decade to start off correctly. Sure it’s not a new millennium as the year 2000 had, but it’s still a very important milestone.
Much like every other industry drawing up strategies to tackle the new year, most tech companies have already outlined their next products and services. You and I as both consumers and producers would benefit from knowing the upcoming trends. So let’s find out what’s in store for us in 2020.
Artificial Intelligence is not something we can avoid talking about. It’s been one of the most revolutionary advancements in the past couple of years and is going to keep the same title in the years to come.
The sheer number of sectors that could benefit from AI technology is simply immeasurable, which is why it’s always good to be updated about this technology.
More and more beginners, as well as veteran developers, are delving into this coding language to master machine learning in order to still remain employable far into the future.
However, developing new AI technologies is not the only thing to pay attention to, but the analytical and beneficial part of the industry as well.
For example, AI is being used for several different reasons in the financial industry. First, there’s a design for gathering the data and predicting price changes as well as major economic prognosis for the near future. The tech has developed so much that it can attempt to predict price changes within the next hour even.
Several software engineers at a popular financial company eToro have mentioned that maintaining an AI platform for their analytical as well as operational purposes has given them a much better advantage in terms of servicing their clients.
The same can be said about every other industry using AI. Reducing costs while increasing efficiency tends to spell good news for both the providers and the consumers.
The blockchain technology has also been one of the most sought-after innovations in 2019. By the end of last year political powers like China and the European Union were both investing as much as possible to grow this bustling industry.
The technology provided by the blockchain helps financial companies keep their transaction speeds at the maximum, thus speeding up international trade and commerce. However, that’s not the only advantage that the blockchain brings. It’s also an amazing option for cybersecurity.
Even US defense agencies have tested the technology on some of their most secretive projects, claiming that the tests went flawlessly and could consider adopting the technology for good.
Blockchain developers managed to become rock-stars of the dev world in just a couple of years and are now considered as one of the most well-payed professionals in the field.
However, the blockchain technology is not only about how much it’s able to compensate its developers but on what it could bring to the consumers.
As of right now, the technology is the go-to option for those who conduct international business on a regular basis, as well as pay close attention to their digital security.
Overall, this is a bustling industry that still has more to give in the future.
This segment of the tech industry has always seemed to be under our noses but nobody really noticed it in the past.
It’s never been the revolutionary innovation that everybody keeps talking about, simply because there have not been major advances that have encompassed the whole world.
Both AI and Blockchain have more or less found their place in every single country in the world and are known and used by an increasing number of consumers. As for Electric Engineering services, they’re still in their infancy.
When I mention electric engineering, I mean pretty much everything that has switched to electricity in the past couple of years.
This can be electric cars, sustainable energy based on electricity and various other improvements.
The case is clear, the world is moving towards renewable energy. Be it solar power, Thorium, hydro plants or etc, most production, consumer and luxury items that work on fuel or other non-renewable energy sources will be changing.
Keeping an eye on what company makes the largest changes could mean the difference in getting your hands on it quickly, or missing it completely.
Overall, electric engineering, paired up with AI and blockchain are what will drive 2020 to new milestones still to come.