Digital transformation is everywhere in today’s age. The top trends for 2018 underpin the digital platform and set the stage for business innovation. There’s a myriad of tech trends we’re watching that will change the world once again in 2018.
Here are the top technology disruptors that you should keep an eye on.
The rise of the voice search:
Voice-based search queries will become the new normal in 2018. People do like to interact with devices since the time when robots first became mainstream. Already, mobile browser and mobile-app transactions make up about more than 50% of the e-commerce space. Voice and visual search will further accelerate it as we know well how Siri and Alexa are already growing on us. In fact, Gartner predicts that by 2021, early adopter brands that redesign their websites to support visual- and voice-search will increase digital commerce revenue by 30%.
Blockchain to find a firmer footing:
Bitcoin might have dominated 2017, but 2018 is going to be the year, which belongs to Blockchain. The financial industry will take a lead in utilizing this awesome tool. Gartner says that by the end of 2020, the banking industry alone will derive $1b in business value via Blockchain-based cryptocurrencies. But other sectors like healthcare, entertainment, hospitality are expected to follow suit.
AI to become all-powerful:
Though companies are still mulling their AI strategies, it’s all too evident AI is going to become an increasingly powerful element in 2018. It will be used to enhance decision making, improve customer experience and reinvent business models. Gartner predicts it will also turn out to be the biggest job creator, with the potential to create 2.3 million jobs while also eliminating 1.8 million jobs.
Bot will be the new hot
Majority of websites are already using chatbots to engage visitors with basic inquiries. Rapid advances in natural-language processing are further going to make today’s chatbots much better at recognizing the user intent than previous generations. Gartner is predicting that by 2020, 55% of all large enterprises will have deployed (used in production) at least one bot or chatbots.
IoT to be omnipresent:
In the era of connected devices, expect to find IoT technology in 95% of electronics for new product designs by 2020, Gartner says. IoT-enabled products with Smartphone activation could happen as early as 2019.
The fake news will continue to simmer:
Fake news is a big problem for corporations today as the recent election scandal event unfolding in the US tells us. While AI has made big strides in creating new information, it has all proved to be a big headache when it comes to consumption. AI and machine learning systems today can categorize the content of images faster and more consistently than humans.It’s Gartner’s prediction that by 2020, the majority of people will consume false information.
Immersive experiences, AR and VR:
There will be a fundamental shift in the user experience. There’ll be more of immersive experiences manifesting themselves for productivity, visualization, design, and training.
So are you ready for the exciting technology of the future?