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Latest Technology News 2020

The document discusses key technology trends in 2020, including blockchain adoption, the rollout of 5G networks, and advancements in autonomous driving and human augmentation. It highlights the importance of data privacy due to regulations like GDPR, the rise of AI products, and the necessity for businesses to adapt to personal profiling and automation. Additionally, it emphasizes the need for workforce reskilling and the impact of emerging technologies on industries, particularly in medical advancements and consumer analytics.

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L ATEST TECHNOLOGY NEWS IN 2020 P R E S E N T E D B Y : N A Z M U L H O S S A I N 2 N D Y E A R , 2 N D S E M E S T E R D E P T. O F C S E C C N U N I V E R S I T Y O F S C I E N C E & T E C H N O L O G Y P R E S E N T E D TO : I K B A L A H M E D L E C T U R E R D E P T. O F C S E C C N U N I V E R S I T Y O F S C I E N C E & T E C H N O L O G Y
Contents of Presentation  Blockchain  5G Network  Autonomous Driving  Human Augmentation  Distributed Cloud  DARQ Age  Personal Profiling  AI Products  Data Policing  Momentary Markets  Automation  Reskilling Human Workforce  Medical Upgrade
Contents of Presentation  Digital Debit  Key Takeaways of 2020 Tech Trends  What’s Next in Technology
BLOCKCHAIN In 2020, major institutions will introduce blockchain to prevent large-scale information leakage and Internet fraud. IBM set up an accelerator program specializing in blockchain. China approved the introduction of blockchain in services such as ICBC (China Industrial and Commercial Bank), Alibaba Group, China Southern Airlines, etc. In 2020, blockchain will be put to practical use.
5G NETWORK “5G wireless networks will support 1,000-fold gains in capacity, connections for at least 100 billion devices and a 10 Gb/s individual user experience of extremely low latency and response times, as stated by Huawei. “Deployment of these networks will emerge between 2020 and 2030.” However, to take this speed to everyday mobile users, mobile network carriers will need to increase bandwidth and reduce network costs. Moreover, LTE adoption isn’t waning and is estimated to reach $672 billion by the end of 2020.
AUTONOMOUS DRIVING We all have heard about companies like Tesla, Alphabet, and Waymo, and the one thing that is common among them is their aim, which is to craft impeccable autonomous vehicles. The idea of a driverless car in itself generates a considerable amount of excitement. Tesla chief Elon Musk already has the future design of autonomous vehicles and aims to go big in this industry. There is still time for the modulation of the laws for autonomous driving by legislators, regulators, and authorities. Over that, signicant tweaks will be required in the existing infrastructure, laws and social attitudes before we can embrace autonomous vehicles in the current technology trends. But all these determinants can’t rule out the possibility of autonomous vehicles in 2020.
Human Augmentation Human augmentation can be defined as a process by which a person’s physical and cognitive ability is strengthened. Once implanted in a human being, it will enable the person to execute tasks that were earlier impossible for him. For instance, we have miners who use wearables to enhance their safety. Then the cases of human augmentation in soldiers are a highly anticipated topic and are in pursuit behind the curtains by the armed forces of many countries, as per reports.
DISTRIBUTED CLOUD The trends of cloud storage and cloud computing are already embraced by the industries across the globe and the next big thing that is going to hit the tech ecosystem is the distributed cloud system. Distributed Cloud helps in connecting the public cloud distributed operation of cloud services to specific locations. It’s expected that by 2020, 75% of the enterprise- generated data will be processed regardless of the centralized data center. This new upcoming technology of 2020 will be a significant breakthrough in the cloud infrastructure.
DARQ AGE IS HERE
PERSONAL PROFILING Digital integration into people’s lives has become so deep that data analytics has more information than they could ever analyze with current technology. The trick here for businesses is to integrate and adapt to an individual’s preference for the latest technology. Gillette is one such example that has partnered with 3D printing startup Formulable to offer customized razor designs. Despite having a promising future, a top technology trend like this raises one glaring question – where is consumer consent in this personal profiling and where do we draw the socially acceptable line and how will this line differ from consumer to consumer? Well, for that, we have to wait and watch the manner in which personal profiling is deployed by the businesses in 2020.
AI PRODUCTS Artificial technology or AI is not a new term in the IT sphere, but now there are further verticals of AI that are shaping the industries globally. AI technology trends, including products like AlterEgo, a mind-reading wearable, and citizen robots like Sophia, are only a promo to how big AI technology will get in 2020. Companies like Dominos and Doordash are already experimenting with drones and robot delivery.
DATA POLICING Ever since the European Union’s General Data Protection Regulation (GDPR) tightened the bolts on privacy and data protection laws, businesses and consumers alike have become more aware of their vulnerability to data breach and cyber- attacks. According to Gartner, by 2020, nearly 70% of organizations will be exposed to personal data archiving.That’s a 60% growth since 2018 when the number was at 10%.
MOMENTARY MARKETS
AUTOMATION Automation is aimed to augment people and propel business operations. It combines packaged software, machine learning, and automation tools to deliver the results. In the next couple of years, automation of data science will empower scientists to churn out advanced analysis. For example, businesses in retail will need such sophisticated automation to compete with cashier-less AMAZON GO stores. Automation has already had us welcome cashier-less AMAZON Go stores across the US, but according to CNBC, the number will be 3,000 of its cashier-less AMAZON GO stores by 2021.
RESKILLING HUMAN WORKFORCE
MEDICAL UPGRADE A much-anticipated tech trend in 2020 will be sophistication of technology upgrades in the medical field. 3D printing will open a new business of advanced prosthetics as many universities are expanding their research in 3D printing of bionic body parts. Scientists at Princeton University, Princeton, NJ, for instance, have 3D printed a "bionic ear" that can "hear" radio frequencies far beyond the range of normal human capability. Similarly, telemedicine and virtual diagnosis powered by AI and AR will need businesses to rework their business model in medicine.
DGITAL DEBIT
KEY TAKEAWAYS OF 2020 TECH TRENDS • Businesses will need to adapt to a transition from social, mobile, analytics and cloud (SMAC) to Distributed ledger technology (such as blockchain), Artificial intelligence (AI), Extended reality (including virtual and augmented reality), and Quantum computing (DARQ) • Personal profiling of consumers by analyzing their social proles, where they check-in and what products do they tag among other parameters will change marketing for businesses. • Businesses will require the reskilling of the Next-gen workforce to be trained in 2020 tech trends such as Augmented Reality, Virtual Reality, Internet Of Things, Blockchain, Artificial Intelligence. • Ever since the European Union’s General Data Protection Regulation (GDPR) laid the foundation for data privacy regulations, businesses will need to adapt their analytics to similar guidelines in 2020 to protect user information. • Real-time opportunity to capture "momentary markets" will require businesses to update customer analytics and advertising.
KEY TAKEAWAYS OF 2020 TECH TRENDS • AI products like AlterEgo, Sophia (robot) and driverless vehicles from companies like Tesla, Uber, and Volvo will get more sophisticated in 2020. • 3D printing will open doors to bionic body parts processing, while telemedicine combined with AR diagnosis will upgrade businesses in medicine. • Automation in businesses will ride in three waves: Algorithmic, Augmentation, and Autonomy implying that automated stores like cashier-less AMAZON GO stores will surface, increase and lose all human workforce in stages across 2020. • Traditional banking will get a little weaker with Facebook’s cryptocurrency project Libra and the growth of digital payment systems like Amazon pay. • 5G will support 1,000-fold gains in capacity, connections for at least 100 billion devices and a 10 Gb/s. While this means faster browsing for businesses, the unimpeded growth of LTE still questions 5G.
WHAT’S NEXT IN TECHNOLOGY CONSUMER DATA BREACH. ACCORDING TO THE PWC REPORT, AI PRODUCTS BY 2030 WILL CONTRIBUTE OVER $15.7 TRILLION TO THE GLOBAL ECONOMY. ANALYTICS WILL SEE DRAMATIC CHANGES FOR BUSINESSES IN TERMS OF PRODUCT MODIFICATION. A MACHINE LEARNING APP DEVELOPED BY SAM’S CLUB IS ALREADY USING MACHINE LEARNING TO ANALYZE CUSTOMERS’ PAST PURCHASES AND AUTO-FILL THEIR SHOPPING LISTS. IT ALSO PLANS TO ADD A NAVIGATION FEATURE, WHICH WILL SHOW OPTIMIZED ROUTES THROUGH THE STORE TO EACH ITEM ON THAT LIST. WHILE THIS SUGGESTS MORE SOPHISTICATED CONSUMER SATISFACTION AND BETTER BUSINESS, IT ALSO BEGS THE QUESTION OF WHAT IS THE REAL COST OF CONSUMER ANALYTICS IN 2020 COLLECTED FOR THESE SERVICES. IN 2020, BUSINESS NOT ONLY NEEDS TO COME TOGETHER TO FORM A CYBER-SECURE ECOSYSTEM BUT ALSO REVIEW THEIR TAKE ON DATA ANALYTICS. FOR THAT TO HAPPEN, THE PRESENT STAFF NEEDS TO BE WELL TRAINED FOR THE LATEST TRENDS IN TECHNOLOGY AND THE PROCESS SHOULD BE FOLLOWED ACCORDINGLY. WE EXPECT TO CATCH SIGHT OF A TECHNOLOGICAL ADVANCED WORLD WITH CONCLUSIVE USE CASES OF ALL THE ABOVE MENTIONED TECHNOLOGIES.
THAT’S ALL 🙂 Thanks for watching Presented By: Nazmul Hossain