10 technology trends that could prove to be real game-changers

Smarter algorithms and machine language: AI has been the driving force for most products, applications and even the devices we use today. On November 22, Gartner predicted that total revenue in the AI ​​software market is expected to reach $62.5 billion in 2022, an increase of 21.3% from 2021. “The AI ​​software market is gaining momentum, but its long-term trajectory will depend on enterprises advancing their AI maturity,” said Alice Woodward, senior research director at Gartner.

Gartner said AI will be deployed in knowledge management, virtual assistants, autonomous vehicles, digital workplaces and crowdsourced data in 2022. In addition, companies such as Google are developing new language learning models such as LaMDA—the language model for dialogue applications—which, the company claims, can hold its own in natural conversation.

Fast network with large bandwidth: 5G has been in the works for years, but 2022 may finally be the year we see these next-generation networks roll out. India has already approved trial spectrum for telecom companies like Bharti Airtel and Reliance Jio. The auction of 5G spectrum is expected in the first half of next year. If all goes well, the 5G network will be rolled out to the public next year. In short, 5G means low latency, which users refer to as speed. The new networks will allow for new use cases for enterprises, enable smart city implementation and much more.

Intelligent Cloud and Edge Computing: New use cases with 5G networks rely heavily on 5G. For example, in September, Airtel tested India’s first cloud-gaming session in a 5G environment at its Manesar facility. The company’s chief technology officer, Randeep Sekhon, said cloud gaming will be one of the “biggest use cases” for 5G networks. The reliance on the cloud will only increase among enterprises.

Furthermore, edge computing is finally ready to flourish. It is helping enterprises bring data and computing needs closer to the user’s device. This trend will help make products such as driverless or autonomous vehicles more efficient.

More interconnected devices that talk to each other: Earlier this month, Airtel, Invest India and National Investment Promotion and Facilitation Agency announced the Startup Innovation Challenge. The challenge asks early stage startups to create new use cases involving IoT. As data flows faster and computing power comes from the larger server farms that use the cloud, more devices can start to connect and operate as one. A June report from Gartner said the IoT endpoint electronics and communications market will reach $21.3 billion in 2022, a 22% increase over its forecast for 2021. It is driven by governments using IoT for surveillance, enterprises using connected devices for everything from banking to communications, and delivering new products.

Grounds for securing confidentiality: After nearly two years of deliberations, the Joint Parliamentary Committee (JPC) on the Data Protection Bill was finally able to present its report on the Bill during the ongoing winter session of Parliament. The JPC recommended that India have a bill to regulate personal and non-personal data and prevent companies from profiling children’s accounts and using ads targeted to them. The Bill also gives consumers rights over their data. But India is not the only country looking at such data regulations. India’s bill borrows heavily from the European General Data Protection Regulation (GDPR), and governments around the world are also considering such regulations. Big tech firms are fighting lawsuits against government bodies, competition rules, and more. The outcome of all these cases will affect the way we use our data in the future.

Mixing and Blending of Realities: In 1964, an animated science-fiction franchise called johnny quest Imagine a virtual world called Questworld. The heroes will put on a futuristic virtual reality (VR) headset and fight in a virtual world. It was futuristic then, but VR and augmented reality (AR) headsets are very familiar now. In fact, they have been around for a decade now. But in 2021, Facebook launched a product called Ray-Ban Stories, partnering with eyeglass maker Ray-Ban for a pair of smart glasses that look and feel almost like regular glasses. Tech firms aim to make these devices ubiquitous and reach the economies of scale that come from selling millions of devices around the world.

Immutable and Interconnected Ledgers: If AI was the major change maker over the past decade, blockchain could well enable the next step in technology. By many estimates, India has become one of the top players in worldwide cryptocurrency adoption, but what is seen as a trading asset today has more significant implications. Cryptocurrencies are powered by blockchain technology, and in April, International Data Corp said organizations would spend $6.6 billion on blockchain solutions in 2021 alone – a 50% increase from 2020. The market researcher also predicted the annual average growth rate. 48% between 2020 and 2024. India’s second crypto unicorn, Coinswitch Kuber, has said that it aims to support other blockchain firms in India. Industry stakeholders and experts understand that blockchain will power cross-border payments, banking and more in the future. Even the Reserve Bank of India’s upcoming central bank digital currency, or a digital rupee, will be powered by blockchain technologies.

Internet’s third generation: hit hbo shows silicon Valley Envisioned a ‘new Internet’ devoid of the domination of Big Tech firms, governments and others. The idea may sound utopian, but companies that make apps for the third generation of the Internet (Web3) are still building it today. Companies like Google, Apple, Facebook and others benefit greatly from the fact that most of the world’s data flows through their servers. However, with web3, the power is handed back to the users in a way. It runs without servers, relies on a network of phones, computers and other devices, and prevents a single person or entity on the network from having control over the data – in a word, decentralization. For example, Noida-based Ayush Ranjan has created the world’s first decentralized video chat app. Unlike Google Meet, Zoom, the Huddle 01 app doesn’t require users to create an account, and the company doesn’t have its own data center to store your data or record calls. Instead, it stores all the data in a decentralized manner and uses computing power from users’ devices to power the calls.

Rise of the Metaverse: 5G, cloud computing, IoT, web3 are all tools with a broader vision that technologists and technology leaders have right now. And it’s called the metaverse. Facebook’s Mark Zuckerberg is so convinced that the Metaverse is coming that he rebranded his company, one of the most valuable in the world, to Meta as an effort to show where his attention lies today. Author Neil Stephenson is often credited with coining the term in his 1992 novel snow accident, and it can be seen in contemporary films such as . also searched in ready player one, The metaverse is not a technology; This is a concept. Zuckerberg and others expect us to do everything from holding meetings in virtual spaces to hosting parties and more through very realistic-looking avatars. Instead of shopping at an e-commerce store, Avatar will walk into a virtual store, try on a product and deliver the physical product to our homes as well. However, hardware giants like Intel’s Raja Koduri warn that the computing power we have today is nowhere close to being enough for the metaverse Zuckerberg envisioned.

quantum computing: It tells us about the most transformative trend in technology—quantum computing. Any country aspiring to be a leader in technology has its eyes on quantum computing. While Web3 is the new Internet, quantum computing establishes a new computer. Our traditional computers can take information in 0’s and 1’s and their computation is limited by that. Quantum computers, on the other hand, use concepts from quantum physics to increase the amount of computing power we can use. A quantum computer is far from reality right now, and it could be the kind of computing power that Koduri says we need in the metaverse. In the budget of 2020, the government had allocated 8,000 crore over the next five years to develop quantum computing technology. It has also launched a quantum simulator, which allows researchers to build quantum applications without an actual computer.