Top Tech Trends for 2020
As we enter a new decade there’s no shortage of “Hot Lists.” In our FOMO culture, we are afraid of being left behind whether it’s fashion, tech gadgets, cars, or business tech.
So how do we keep up? How do we decide where to focus or what to follow? And what is going to rock our world in 2020?
Trends in tech, generally influence trends in business as entrepreneurs move in to take advantage of emerging markets. What’s interesting about this year’s list is hardware is back in play and at least one industry may cease to exist.
Here’s what we found:
Robots, AI, and ML (Machine Learning) will accelerate this year as both the devices and the programming make massive leaps. Autonomous everything - from cars to lawnmowers to vacuums to farm equipment - will see adoption rates skyrocket as the tech becomes more stable and affordable. Look for inertial sensors to power more than delivery drones across multiple industries which will impact jobs especially those which can be replaced with smart devices.
3D printing, nanotechnology, and biotech are coming together for incredible results. It’s expected that researchers will soon be able to print skin! Skin!! And by the end of this decade, some expect we will be able to 3D print organs. This collaboration will catapult 3D printing in new directions supported by the much-improved tech and hardware underpinning the printing.
Organizations will continue to flatten out as the core way work is done continues to develop. Flatter companies mean less middle management, more flexibility, and increased output. As a result, some of the middle may be updating their resumes unless they can reinvent themselves in the evolving face of the company. Nimble is the name of the game in 2020 where technology is accelerating all aspects of business.
The interplay between mobile apps and service business will play out more rapidly and the services that don’t adopt a mobile strategy may be left in the dust. Now that consumers can call for a ride with a swipe, the expectation is similar for services from house cleaning to tax prep to doctor visits. With on-demand apps, users will continue to expect the service to come to them, not the other way around.
Banking, mobile payments, credit cards, and online payments will continue to reinvent as traditional banks lose their hold on people’s money and loyalty. It seems there is a new financial product launched every week while consumers move to having their smartphones also be their wallets. How we use and access our money will change rapidly this year and the financial systems make another big leap.
Entertainment will continue to see major changes in content creation and distribution as more people “cut the cord” in favor of streaming services and subscriptions. Smart TVs, tablets, and smartphones can all deliver the hot content leaving traditional providers playing catch up.
With a smartphone in every hand, printed newspapers may cease in their current form. Likely a few will continue to hold on but with the Internet and 24-hour news constantly accessible, a printed form will become dated in every sense.
We just sent you an email. Please click the link in the email to confirm your subscription!