Five Emerging Trends To Drive Technology Innovation for Next Decade

In BICSI Blog, BICSI Bytes, Featured, Newsby info@bicsi.com.au

The 30 must-watch technologies on the Gartner Hype Cycle for Emerging Technologies, 2020 include technologies that enable a composable enterprise, aspire to regain society’s trust in technology, and alter the state of your brain.

Gartner states that the competitive advantage emerging technologies provide is not yet well known or proven in the market – most take more than five or even 10 years to reach the Plateau of Productivity. But some technologies on the Hype Cycle will mature in the near-term and technology innovation leaders must understand the opportunities for these technologies, particularly those with transformational or high impact.

For example, health passports and social-distancing technologies, both related to COVID-19, are taking the fast-track through the Hype Cycle and have high impact.

The Hype Cycle for Emerging Technologies is unique among most Gartner Hype Cycles because it garners insights from more than 1,700 technologies into a succinct set of 30 emerging technologies and trends. This Hype Cycle specifically focuses on the set of technologies that show promise in delivering a high degree of competitive advantage over the next five to 10 years.

Five Emerging Technology Trends

Digital me: Technology is becoming increasingly integrated with people to create new opportunities for digital representations of ourselves, such as digital passports and social distancing technologies.  Digital twins of humans provide models of individuals that can represent people in both the physical and digital space. The way people interact with the digital world is also moving beyond screens and keyboards to use a combination of interaction modalities (e.g. voice, vision, gesture), and even directly altering our brains. The technologies to watch include social-distancing technologies, health passports, digital-twin of the person, citizen-twin, multi-experience and 2-Way BMI (brain machine interface).

Composite architectures: The composable enterprise is designed to respond to rapidly changing business needs with packaged business capabilities built upon a flexible data fabric. A composite architecture is implemented with solutions composed of packaged business capabilities. Built-in intelligence is decentralised and extends outward to edge devices and the end user.

To become a more agile organisation, the following technologies should be tracked: composable enterprise, packaged business capabilities, data fabric, private 5G, embedded artificial intelligence (AI) and low-cost single-board computers at the edge.

Formative AI: A set of emerging AI and related technologies that can dynamically change to respond to situational variances. Some of these technologies are used by application developers and UX designers to create new solutions by using AI-enabled tools.

Algorithmic trust: Trust-models based on responsible authorities are being replaced by algorithmic trust-models to ensure privacy and security of data, source of assets and identity of individuals and things. Algorithmic-trust helps to ensure organisations won’t be exposed to the risk and costs of losing the trust of their customers, employees and partners.

Beyond silicon: For more than four decades, Moore’s Law has guided the IT industry. As technology approaches the physical limits of silicon, new advanced materials are creating breakthrough opportunities to make technologies faster and smaller. Critical technologies to be considered include DNA computing, biodegradable sensors and carbon-based transistors.