I am pleased by the invitation to contribute to the Lincoln Newsletter. I hope to provide the readers interesting, useful, and relevant information This column is offered to our students to enhance their view of future business and technology trends that they may encounter in their careers. I invite anyone with similar interests to participate and write an article for the Lincoln Newsletter.
Gartner, Inc., a world leader in information technology research and consulting has forecasted the top 10 technology trends for 2019. Here is a summary of the report, not in order of impact:
1. Autonomous “things” using AI (Artificial Intelligence) to assist humans in performing tasks. These “things” would include robotics, vehicles, drones, appliances, and agents.
2. Augmented analytics using automated algorithms to generate insights from large datasets. Gartner predicts that by 2040 more than 40% of data science tasks will be automated thus improving productivity and quality of analysis.
3. AI-driven software development that integrates AI tools for improving the quality and capability of software.
4. Digital twins in the IoT (Internet of Things) that could improve enterprise decision making through better real-time monitoring of systems.
5. Empowered edge describing a network topology where information processing, content collection, and delivery are placed closer to the sources of the information to improve efficiency and performance.
6. Immersive technologies such as augmented reality, mixed reality, and virtual reality will converge so that in the future, according to Gartner, 70% of businesses will experiment in this area seeking improved productivity and quality interactions with the real world.
7. Blockchain, which is a sort of distributed ledger providing cryptographically signed, irrevocable transactional records. Government, finance, and supply chain applications of this technology will be on the increase seeking improved efficiencies, savings, and security.
8. Smart spaces, meaning a physical or digital environment in which humans and technology-enabled systems interact in increasingly more intelligent ecosystems. Smart spaces will improve our connectivity in five dimensions: openness, connectedness, coordination, intelligence, and scope. The effect will be better collaboration and interaction for participants.
9. Digital ethics and privacy. The public and governments around the world are becoming more appreciative of the value and security of private data. Expect that new regulations protecting private data will impact social media business models.
10. Quantum computing is the next generation of computing that is based on the quantum state of subatomic particles representing information as elements known as quantum bits or “qubits.” Quantum computers will implement an exponentially scalable and highly parallel computing model thereby increasing many times the speed and productivity of operations.
Dr. Walter Kruz
Chairman, MIS Department
Lincoln University
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