Are you wondering what the top technical innovations for 2020 will be?
Join the club!
With the way technology advances at such break-neck speeds, it can be hard to keep up with it.
It can seem that as soon as you learn about something new, it’s almost obsolete.
Even so, we’ll take a look at some of the most promising innovations popping up on the technology radar for the coming year.
5G will not only speed things up, but it will add trillions to the global economy with new services, products, business models, and industries.
It will, however, also create more disruption for companies that struggle to determine which equipment they have in their digital infrastructure.
When this equipment starts connecting directly to the cloud via 5G, things are expected to get even more complicated. There will likely be an increase in the discovery of new attack vectors as 5G is implemented worldwide.
2. Blockchain Technology
You may have heard of blockchain, but know exactly what it is.
It’s essentially a digital ledger used to record transactions but is secured because of its encrypted nature.
This form of technology has been mostly the domain of the tech-savvy. That’s expected to change in 2020 though.
With companies like FedEx, IBM, Walmart, and Mastercard getting on board with it in 2019, it’s bound to start showing real-world results that could drive smaller companies to adopt it.
In fact, even Facebook is planning to launch its own blockchain-based cryptocurrency in 2020. So lookout.
3. Predictive Healthcare
Technology has been transforming healthcare for a long time.
Wearable devices now give us the ability to predict and treat health issues before we experience symptoms.
Recent breakthroughs in technology in the fields of genomics and AI are providing a deeper understanding of how different bodies are better or worse equipped to fight off specific diseases.
They can also predict how well a body will respond to different medications or treatments.
4. The Move Toward Quantum Computing
2020 won’t be the year of the first true quantum computer.
The mission to demonstrate the practical application of quantum computing will continue though.
There are companies currently claiming quantum supremacy, but none have showcased its ability to solve real-world problems as of yet.
So 2020 looks to be a year that will explore further research and progress towards practical solutions in quantum computing.
5. Autonomous Vehicles
Modern technology is amazing.
Once upon a time, we couldn’t imagine something as simple as an online Paystub Creator. And now, we’re looking at cars that drive themselves.
Although fully autonomous vehicles won’t be the norm for 2020, Elon Musk does expect Tesla to create a truly complete autonomous vehicle by the year’s end.
In addition, other in-car systems such as security and entertainment functions will also become increasingly automated and reliant on gathering data and analytics.
Even Google is in on the game. Their sister-company Waymo has just completed a trial of autonomous taxis in California that transported thousands of people in its first month.
Be Aware of the Top Technical Innovations
It’s helpful to know the top technical innovations so you can use them to your advantage in your business operations.
And for help in reaching your financial and strategic goals through local advisory boards, business advisory services, and business coaching, take advantage of our services!
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