The Silicon Review - Best Business Review Magazine 10 Best IT Services Companies 2019 | Page 55
Machine Learning and Artificial Intelligence
With the huge volumes of data that has become accessible, AI will continue to bring scientific breakthroughs.
Currently, AI is being embedded in the business platform along with Machine Learning with the aim to develop
and enable smart business operations. Machine Learning seems to find usage in many spaces co-existing with
AI. As a result, the advancements happening in Machine Learning technology and algorithm training will also
bring advancements in AI. AI and ML will bring major developments in the autonomous vehicle and robotics
industry during the year.
We can also expect to see the convergence of Artificial Intelligence, Machine Learning and Deep Learning
in business applications. As AI gets to work in dependence with other learning technologies, it will develop
accuracy at even more levels. Though humans have been quite successful in the AI field, it is still raising
controversies on how far we should go with the AI development.
The Advantage of Quantum Supremacy
The concept of supercomputers is relatively new. Quantum
computing or supercomputing is an emerging technology and
is quite fascinating. Also, organisations and governments have
been trying to build a fully-functional and working quantum
computer. It is speculated that quantum computers will possess
huge computational power and will probably work as a cloud
service instead of working as on premise machines like present day
computers. An example of this technology can be seen in the cloud-
based quantum computing services that IBM is offering. Many other
organisations will try to achieve this supercomputer supremacy
and the competition to achieve this will only seem to intensify.
Blockchain: The Critical Element of
Cryptocurrencies
This year is going to mark Blockchain technology’s first enterprise
application in active use. Organisations aiming to stay ahead of the
competition will start using Blockchain to improve collaboration. In
a very short time, Blockchain has become a very important part of
the modern day business platform. While enabling transparency in
transactions across many business functions, Blockchain will be at
the centre of business innovation across many industries.
Immersive Experience
with Augmented
Reality and Virtual
Reality
Advancements in AR and VR have
been existing since quite a time
now and will continue to be the
centre of attention this year with
some really interesting practical
applications for industries. AR
and VR was extensively used in
the gaming industry, but now, it
has been quickly making its way
as a truly useful tool in industries
such as manufacturing,
healthcare, engineering design,
space exploration, etc. Virtual
reality technology, in the near
future, will also bring in new and
disruptive industrial applications
that will be the reason of change
in the way how people work.
Global Internet of Things (IoT) security breach
Everything that is connected to the Internet is vulnerable to cyber security threats. There are many examples
in the past that show how hackers have found out ways to unsecure Internet of Things. This indicates that
there could be an increase in the number of security breaches if necessary actions are not taken against
hackers at a global scale. According to a forecast by Gartner, by 2020, 20.4 billion connected things will be in
use worldwide and there is a huge possibility that these things will have a certain level of weak security.
Therefore, IoT manufacturers and their supply chain will have to take the security issue of all their products
seriously to prevent any serious security breach in the future.
SR
MARCH 2019
55