These are exciting times as technology experiences exponential growth in scope. Although 2016 had ups and downs, 2017 looks set for digital transformation. While cloud computing witnessed overwhelming adoption and algorithms became buzzwords, new technologies such as Big Data Analytics, Machine Learning, and Artificial Intelligence have the potential to revolutionize industries across the world. Tech biggies such as Google, Microsoft, Facebook, Apple and Amazon are offering consumers the most ultimate experience. Adding natural language processing, deep learning, and neural networks can add potency to the already deadly mix. The lines between real and virtual will get blurred: Facebook CEO, Mark Zuckerberg, introduced Jarvis to the world—Artificial Intelligence assistant from the movie Iron Man. These four trends may dominate technology this year.
Internet of Things (IoT) and Smart Homes to revolutionize human lives
Just imagine the AC switching off so that power-demanding washing machine has enough electricity or bringing the room temperature down to optimum on a sunny day. Or dishwasher and mixer-grinder communicating to decide how much power they could share to account for the cloudy day effect on your solar power plant. Connected appliances like TV, washing machine, smart fridge, and home security systems with sensors and cameras can take center stage. This is the ultimate Smart Home experience for you in 2017. With evolution of sophisticated sensors, exponential expansion in 3G as well as 4G services (with 5G talks in the air) and broadband connectivity, there would be a smart revolution in human lives. Whereas all these technologies matured in 2016, this year could see expansion and acceptability.
Cloud-based ERP could be the game changer for 2017
With rapid spread in the Internet, cloud services should become affordable for SMEs. Overall, this should help Software as a Service (SaaS) grow, with particular push for ERP sector, which will be cost-effective and easier to deploy. This should help SMEs catch up with big players. Additionally, shift to the cloud could affect big businesses as well. According to a Gartner study, 25% of new core financial application deployments in big enterprises would be public Cloud Software as a Service (SaaS) by 2018. The firm has predicted that 30% of service companies would move their ERP applications to the cloud by the year 2018.
“The cloud shift would increase in 2017, carrying on momentum from 2016. The sector would see expansion as on-premise computing sees decline. Data center business will flourish proportionate to cloud shift as companies look for cloud providers to cut costs and improve flexibility of operations,” said Shashank Dixit, CEO, Deskera, a global leader in cloud technology.
Coming of age for tech like artificial intelligence and machine learning
There has been talk over the two technologies in 2016; their usability would increase in 2017. Top tech companies like Google and Apple are looking to leverage Artificial Intelligence and Machine Learning technologies to make smarter products for cloud computing and robotics.
Big Data Analytics may be the showstopper in 2017
Though the concept may be at experimental stage, it should take off once industry goes for emerging innovations like industrial internet of things. Industry would shed reluctance of technology, but I expect the process to be gradual. Of all the sectors, healthcare could be the dark horse for Big Data and Analytics. As sensors become affordable, data collection and analysis may reach high levels, offering fresh insights into areas which could be as diverse as the treatment of diseases to environmental conservation efforts. For Third-World countries like India, the technology offers scope to reduce medical expenses. Sophisticated Analytics tools may lead to adoption and help increase business competitiveness.