Technology is a way of life. Rapid innovations in this field have not only eased lives, but have also designed solutions for our problems. This ever-growing and evolving field has made way for advancements that have found uses in various industries and have uplifted the economy and lives.
Among the many innovations, certain technologies have come to light that have the potential to shake the very foundation of tradition and create new and improved ways of living. These are also known as disruptive technologies.
Disruptive technologies are usually in the nascent or developing stage and require further improvement to integrate them into the established ones. These technologies are expected to create waves in every sector and set the stage for a better future. These are going to create opportunities for dramatic success. Let’s take a look at some of these in details.
We have already seen applications of robotic theory in a number of industries worldwide. The branch of advanced robotics is expected to surpass that in massive dimensions. Capable robotic tools with increased intelligence and dexterity can not only automate tasks, but also accomplish them significantly faster.
Robotics can make surgeries less invasive and increase the success rate. Robotic substitutes for human body parts that can work just as well are making waves in the medical field. Apart from surgery, robots are being considered as substitutes for labor in the industries of manufacturing, maintenance and so on.
Robots are expected to become more and more commercialized as prices plummet with increased usage. By 2019, the market for consumer and business robots is expected to be worth $1.5 billion.
Also known as additive manufacturing, 3D printing can be utilized to create an entire product by printing layers of a material on top of the other. This method requires a blueprint of the object that can be fed into a software and the printer prints out the object just the way you want it.
So far, we have been familiar with the usage of industrial printers to print prototypes. Owing to its massive advantages, 3D printing is increasingly being deployed in various industries to manufacture products and replacement parts for machines. Additionally, 3D printing provides the advantage of customization of products according to clients’ requirements.
With the overwhelming scope of 3D printing and its usage, its market is expected to grow to a $21 billion worth market revenue by the year 2020.
The field of advanced genomics combines the concept of imaging nucleotide base pairing with analytical and computational abilities. In simpler words, this allows us to gain a deeper and better understanding of the human genes, diagnose diseases effectively and administer improved treatments. This could lead to discoveries and innovations in treating cancer and other deadly diseases.
Apart from the human body, the advancement of genomics can also help us understand plant and animal genetics and come up with ways to improve the performance of agriculture and other related fields.
Internet of Things
Connectivity and mobility are the two of the major aspects that drive progression in today’s world. This has fueled the need to make way for a future where we are always connected to our networks. And the Internet of Things (IoT) makes this possible.
The concept of IoT involves equipping all devices and tools with identifiers that are machine-readable like sensors etc. that will collect data and monitor activities and behavior. This accumulated data can be used to make better decisions and optimize the processes to make them easier. In fact, the number of connected devices is expected to grow to 200 billion by 2020.
Autonomous vehicles are all set to take the transportation industry by storm. These vehicles will be equipped with sensors and machine-to-machine communication technology to detect obstacles and interact with other vehicles on the road. These vehicles are expected to be safer than human-driven ones since these vehicles will use data and calculations to make accurate driving decisions. However, new rules and laws need to be created to accommodate them in our daily lives.
As close to fiction as these may seem, each of these technologies are already being implemented in moderation in many industries. It is only a matter of time till they go mainstream and penetrate our everyday lives.