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Technology Trends to Watch

Technology is constantly changing. Certain trends are slowed down while others gain momentum when big companies invest in them or industries incorporate them into their processes. The speed of technological advancement is fascinating and it is essential that companies stay on top of the latest trends in technology so that they can benefit from them and avoid getting left behind.

Artificial intelligence is a well-known technology trend. It is being utilized in a wide range of business applications, including image and speech recognition, smart assistants, navigation apps and automation. The trend will continue to expand in the coming years as software and hardware advancements make it more accessible and affordable.

Blockchains and distributed ledgers are the upcoming big technological trend. This super-secure method of keeping and authenticating data can change the way we conduct business processes. Healthcare for instance, is adopting it due to its potential to facilitate trustworthy transactions.

Biotechnology is a third area that is in the midst of disruption. AI automation, automation, and DNA sequencing are causing this revolution. Gene-therapies, hyperpersonalized medicines and genetically-based recommendations on exercise and food are all possible. Companies need to assess their bQ (biological quotient) and determine whether they should incorporate these new technologies into their existing R&D or partner with start-ups based on science.

Drones and drones and unmanned aerial vehicles (UAV) are also a major trend to be aware of. These devices allow businesses to collect data and information from remote or inaccessible locations as well as reduce downtime and cost.

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