In the Upcoming Years: Technology is building the World

By ridhigrg |Email | Jan 25, 2019 | 8058 Views

It is impossible that people have not heard about the advancement in the trends which is upcoming in the future. There are many discoveries in the technology like the virtual reality, artificial intelligence, and the internet of things and the 3D technologies which are expected to enhance the businesses which were never expected before. 
There are several short insights like the cars are equipped with the artificial technologies which help them to drive better and even there are 3D printers, living tissues can also be printed for replacing the skin or even the entire body part too. Architects could be enabled by the virtual reality for visualizing the digital building before the beginning of the construction. 
IoT would be responsible for gathering all your data like the refrigerator senses the lack of food and dials by him to services that will deliver products in AI enabled cars. These technologies do not appear to be on such a far end considering the progress that is being made every day, but is they sufficient to reshape our work as we know it? 
A survey was made by in order to find out if the industries like IT all over the world think that the new emerging technologies will reshape our business models. The survey comprised more than 560 companies ranging from North America and Europe. The question raised by them as if the new tech will revolutionize the way we work or if we will stick to our traditional IT devices.
Here is what the survey discovered while the companies balanced the potential of advanced tech versus their cost and the security with privacy risks they come with the IoT and artificial intelligence are expected to have the biggest impact by companies, companies do not expect adoption of VR or the 3D printers and there is a waiting for  the vendors  for emerging as the frontrunners in IoT, artificial intelligence, and 3D.
According to the survey, approximately 20% of the companies were already using IoT devices within their organizations and planned to adopt new ones up to 40% in the nearest future. 3D printers were used in an 11% proportion already and were in line to increase up to 22%. 
The least used technology in organizations was a virtual reality with a 7% usage and the increase prediction to acquire more was only up to 13%, therefore giving VR the lowest usability covered by the study.  
Only 7% of organizations currently use virtual reality technology, and just 13% of IT pros tell us they plan to adopt it giving VR the lowest planned adoption rate of the technologies covered in this study.
How the emerging technologies vary by industry? uncovered a few key differences: in the education field, 3D printers have the highest implementation rate (45%) than any other industry and also the highest adoption rate of VR with 13%. Meanwhile, healthcare has the highest adoption rate of IoT with 28%, and the tech-related industries like software, telecom and IT are using artificial intelligence more frequently. 
Future planning of the industries
As we have seen above, different industries use different technologies according to their need. But how do they imagine the future? The manufacturing field will have the highest adoption of 3D printers, up to 36% due to the fact that the technology could help them prototype rapidly any parts, therefore saving a lot of time and money in the production segment. 
The engineering or the construction industry has the highest plan to adopt VR with an approximately 27% rate because it offers the possibility to visualize a product or a building before it is even built.  
Meanwhile, the healthcare and retail field plan to implement in a 50% rate IoT devices such as portable health instruments or sensors. They also have the highest plan to adopt AI with a 30% rate along with professional services, nonprofit due to the data analysis and automation.

Source: HOB