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