Latest Technologies That Can Accelerate Innovation
Digital technologies have progressed quite rapidly than any innovation in our history – reaching around half of the global population in two decades and changing civilizations. It has improved connectivity, financial services, and trade services; technology can be a great counterbalance.
For example, AI in the health sector can be used to diagnose diseases, cure patients, extend longevity, and even save lives. In the education sector, distance learning and online learning environments have created programs for students.
Public services are also available and responsible across blockchain systems and not arduous because of AI support.
5 Technologies that can accelerate innovation
Here are some of the latest technologies that can help accelerate innovation in the future:
- Artificial Intelligence
Artificial Intelligence is one of the prime emerging technologies because of its considerable influence on how we work, live, and do things. AI is prominent because of navigation apps, image and speech recognition presence, mobile personal assistants, and several other applications.
In addition, Artificial Intelligence can examine interactions to detect earlier connections and evaluate the demand of facilities in real-time to assign resources and recognize dynamic patterns of customers.
- 3D Printing
Wouldn’t that be awesome if you got a chance to print your favorite eyewear or print your favorite superhero costume? Yes, 3D printing can do wonders. 3D printing has reached a pivotal point as it was only suitable for prototyping and manufacturing a single item, and it is now growing more into a production technology. The current demand for 3D printing is industrial-based primarily. It has been predicted that the global 3D printing market will reach $41 billion by 2026.
- Autonomous vehicle
The latest technology has introduced self-driven cars, drones, boats, and many other vehicles. The robotic feature uses upgraded sensor systems for machine communication. In this industry, Tesla is the top company. Still, we are far from using fully automated vehicles because the tricky part of autonomous vehicles is compelling the general population to believe and use the vehicle. It will be a radical change globally; however, some questions are unanswered about its safety on the road.
- Internet of Behaviours (IoB)
The Internet of Things (IoT) is involved in using data and intuitions to control behavior. IoT devices are massive databases for Internet of behavior (IoB) models. Businesses can follow customer behavior, identify buying patterns, and use IoB to profit their business with the help of IoB.
For instance, an online shopping app can collect data about your choice, size, types of clothes. This data can be used to encourage more behavioral betterment, maintain the existing consumers’ tastes, and ensure that they are pleased with the services.
- Augmented Reality and Virtual Reality
Augmented Reality and Virtual Reality have blown up in popularity in the last few years and are expected to grow more in the future.
- Virtual Reality (VR) is creating a three-dimensional environment of the material world through computer technologies.
- On the other hand, augmented Reality (AR) enhances the environment through the usage of simulated elements.
They are used in numerous fields such as education, healthcare, and gaming, among many others. For instance, many education platforms are using Augmented Reality and Virtual Reality to upgrade educational experiences.
About MIT ID Innovation
If you want to understand the developing technology, you need to build your foundation. Suppose you are on the lookout for the finest institution. In that case, MIT ID Innovation can come to be the wise choice for you because of its professional expertise, top-notch faculty, and exposure to the industry.
MIT ID Innovation offers innovation courses to educate the students, graduates, and entrepreneurs and make them industry-ready.