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Sunday, November 27, 2022

Tech Consultant Emerging Technologies – How to Know What’s Next

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Do you find yourself constantly on the lookout for new technologies and trends? If you’re like most people, you probably spend a great deal of time wondering what’s next in your favorite industries. But what if you could take that information with you when making career decisions? What if, rather than worrying about which technology to pursue in the future, you could instead leverage that information to make informed decisions now? That’s the concept behind emerging technologies. Emerging technologies are techniques or practices that are being used by companies around the world — and within a few years — to create products, services, and solutions that are either already available or will soon be available. These aren’t simply fads or buzzwords; as new techniques and methods emerge, they are given a codename. For example, web pages were originally called “hyperlinks” because they first appeared online in 1995. In this article we’ll explore what emerging technology is, examples of emerging technologies from multiple industries, and how can you identify if something is an emerging technology so that you can research potential future trends yourself.


What is an emerging technology?
Emerging technology is a technique or a practice that is being used by companies around the world — and within a few years — to create products, services, and solutions that are either already available or will soon be available. As the term suggests, these technologies aren’t simply fads or buzzwords; as new techniques and methods emerge, they are given a codename. For example, web pages were originally called “hyperlinks” because they first appeared online in 1995.


How to Know What’s Next with Emerging Technologies
To gain insight into emerging technologies, it’s helpful to first understand what’s driving the trends. Companies are always looking for new ways to differentiate their products and services from those of their competitors. Customer needs and desires can be found in different places, and emerging technologies can help companies find new ways to satisfy those needs and desires. Emerging technologies can also be thought of as “future-forward.” Although companies will typically focus on what’s next in technology, emerging technologies can also be used to help forecast future trends. Companies can use emerging technologies to gain insight into how their competitors are using technology and what types of technologies they are considering using.


Example of a Good Emerging Technology: Blockchain
Blockchain is a digital ledger that ensures a permanent, public record of transactions across decentralized, public computers. This record can be used to verify that goods or services have been received, paid for, and/or produced, and it can also be used to track assets and debts. Companies are already using blockchain in a variety of applications, including in the financial industry to track assets, loans, and payments.


Example of a Bad Emerging Technology: Wearable Computers
Contrary to popular perception, wearable computers aren’t a new idea. In fact, we already have a variety of wearable computers that are used for medical, legal, education, and other applications. However, these computers have either been underpowered or failed to keep up with the demands of modern life. Companies can solve this problem by equipping workers with the right computers. They can also improve computer vision to identify signs of illness, track activity, and communicate with other devices.


Steps Companies Can Take to Identify and Avoid Emerging Technologies
Depending on the application, companies may want to equip workers with wearable computers to monitor and manage their health, provide real-time information, or track and manage performance. Companies can also improve computer vision to identify signs of illness, track activity, and communicate with other devices.

– Work with a vendor to design a system for monitoring and managing performance. This could be a smartphone app, a computer system, or another type of device.

– Equip workers with appropriate devices to track health and performance. These could be smartwatches, fitness trackers, or other wearable computers.

– Identify and address user needs and problems that the emerging technology solves.

– Design user experiences that take advantage of the emerging technology.

– Think about how the emerging technology can be used as a replacement, complement, or added feature to your existing offering.

– Develop a business case to justify the investment and potential benefits.

– Follow through and deliver on your promises

tech consultant emerging technologies
Emerging technologies are techniques or practices that are being used by companies around the world — and within a few years — to create products, services, and solutions that are either already available or will soon be available. These aren’t simply fads or buzzwords; as new techniques and methods emerge, they are given a codename. For example, web pages were originally called “hyperlinks” because they first appeared online in 1995.

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