Futuristic advancements we can expect within the next decade

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Our society has made incredible advancements in technology, resulting in pivotal discoveries and accomplishments. We are lucky to be living in a time when science and innovation are proceeding at an increasingly rapid pace. The things we see as commonplace today were simply science-fiction just 10-20 years ago. Looking to the next decade, here are some marvelous technological advancements we can expect.

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Top Artificial Intelligence predictions for 2020 from IDC and Forrester

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IDC and Forrester issued recently their predictions for artificial intelligence (AI) in 2020 and beyond. While external “market events” may make companies cautious about AI, says Forrester, “courageous ones” will continue to invest and expand the initial “timid” steps they took in 2019.

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Futuristic advancements we can expect within the next decade

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Our society has made incredible advancements in technology, resulting in pivotal discoveries and accomplishments. We are lucky to be living in a time when science and innovation are proceeding at an increasingly rapid pace. The things we see as commonplace today were simply science-fiction just 10-20 years ago. Looking to the next decade, here are some marvelous technological advancements we can expect.

Continue reading… “Futuristic advancements we can expect within the next decade”

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The 7 biggest technology trends to disrupt banking & financial services in 2020

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Even though banking and financial services have been slower than other industries to adopt the latest technology into their operations, financial organizations are trying to catch up by incorporating artificial intelligence, blockchain, and other technology to benefit their customers, remain competitive and improve business results. Here are the 7 biggest technology trends that will disrupt banking and financial services in 2020.

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Wall Street jobs data ‘experts’ are failing big time

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Attention all you Wall Street “experts” who try to predict the monthly employment report! This column is for you.

The rest of you, of course, can read along. But the first item in this column is specifically for those on Wall Street who get paid a lot of money to get their economic predictions correct.

And they don’t do that often enough.

Experts: it makes me sad to say this, but you aren’t doing a very good job. And, quite frankly, I’m afraid your bosses will soon be asking why and might even — dare I say it — be cutting your fine salaries.

OK, do I have your attention? Now I’m going to tell you where you are going wrong. Ignore me at your own — and your family’s — peril.

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Drone II : The drone delivery market map

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As part of DRONELIFE’s participation in the FAA’s Drone Safety Awareness Week, DRONELIFE will feature stories according to the themes outlined. Today, we focus on drone delivery.

As high-profile drone delivery companies like Wing, UPS Flight Forward, and Zipline have made headline after headline this year, the hype around drone deliveries has become bigger than ever. But is it really all hype, or are we on the brink of major change in the way that goods are transported? Over the past two months DRONEII has conducted thorough research into the drone delivery market to bring you the latest market updates and answer all your burning questions. Here’s just a small snippet of the content that we’ve compiled into our latest Drone Delivery Report.

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2020 predictions about automation and the future of work from Forrester

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Over 1 million knowledge-work jobs will be replaced in 2020 by software robotics, RPA, virtual agents and chatbots, and machine-learning-based decision management. So predicts research firm Forrester in a new report published today, “Predictions 2020: Automation.” It also estimates that 331,500 net jobs will be added to the US workforce next year, human-touch jobs that require intuition, empathy, and physical and mental agility.

Forrester highlights what it calls “the automation paradox,” predicting that after years of falling, MTTR or Mean-Time-To-Resolution (the time it takes to resolve an IT failure, for example) will increase. This is the result of automating the “low-hanging fruit,” the repetitive tasks and incidents, leaving the more complex and time-consuming problems for humans to fix.

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Top 10 tech predictions for 2020 from IDC

 

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2020 predictions from IDCGETTY

 IDC released today its worldwide IT industry predictions for 2020 in a webcast with Frank Gens, IDC’s senior vice president and chief analyst.

The focus for the 10 predictions for next year and beyond is the rise of the digital economy. By 2023, IDC predicts, over half (52%) of global GDP will be accounted for by digitally transformed enterprises. This digital tipping point heralds the emergence of a new enterprise species, the digital-first enterprise.

To drive digital supremacy, an enterprise must devote half of its budget to supporting digital innovation, establishing a large-scale, high-performing, digital innovation factories and a third-party ecosystem to produce digital products and provide fee-based wholesale digital services to other enterprise. The latter will be an entire new enterprise competency, similar to the management of Amazon’s platform for third-party sellers. IT resources will continue their migration to the cloud (and multi-clouds) and there will be heavy investment in automation and orchestration systems, using artificial intelligence and machine learning.

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Gartner’s top 10 strategic predictions for 2020

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Mobile-accessible cryptocurrency, AI and ML oversight, blockchain to counter deepfake technology and an Internet of Behavior are all among the predictions for the near future.

Technology is creating ever-changing expectations for people, and Gartner’s top predictions for 2020 reflect these new challenges.

The predictions were revealed at the Gartner IT Symposium/Xpo 2019 in Orlando, which runs through October 24. More than 9,000 IT leaders and CIO’s are in attendance at the conference.

“Technology is changing the notion of what it means to be human,” said Daryl Plummer, distinguished vice president and Gartner Fellow. “As workers and citizens see technology as an enhancement of their abilities, the human condition changes as well. CIOs in end-user organizations must understand the effects of the change and reset expectations for what technology means.”

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