2019 is set to be another huge year for the engineering, manufacturing and technology sectors. We look at the top trends predicted to take these industries by storm over the next twelve months.
Artificial Intelligence (AI)
AI innovations were huge in 2018 with Amazons Alexa and Googles assistant proving very successful. However, we believe this is just the tip of the iceberg in terms of what is to come with artificial intelligence. Machine learning will allow for further scientific breakthroughs thanks to the vast amount of data that these machines can collect and make available for use.
With major advances being foreseen in robotics and autonomous driving vehicles, it’s predicted that these two industries will see the greatest developments in 2019.
The process of automating the end – to – end process of applying machine learning to real world problems is also expected to grow in 2019.
Still an emerging technology, Quantum Computing has been one of the most fascinating things to be developed within the last century. Now 2019, the race to be the first one build a fully functional “supercomputer” is nearing an end.
The first quantum computer will have significant advantages over the others with it’s ability to complete tasks that traditional computers couldn’t possibly simulate. As quantum computers will be much more powerful, they will be able to complete much more complex mathematical sequences, allowing for information to be stored securely from hackers. However, these developments could make it easier to decrypt the information on older computers. Research is currently being carried out into developing technology that is resistant to quantum hacking.
Augmented reality and Virtual reality
Augmented and virtual reality will continue to be at the forefront of attention in 2019 with new practical applications in different industries.
What started out in video games has quickly developed and become a useful tool in many industries such as engineering, design and manufacturing. VR is still only being used by the major companies that can afford its advancements, with many creating 3D models that enables users to visualise and analyse data in an immersive environment.
VR will allow for innovative applications that will change how people work and collaborate across locations.
Global Internet of Things (IoT)
Cyber security was constantly in the news in 2018 with hackers relentlessly attempting and succeeding to hack into major companies. As soon as you connect something to the internet, it becomes vulnerable to being hacked.
Looking back at the cyber security breaches in 2018 paints a picture of what we can expect in 2019 and that companies need to take their cyber security seriously to prevent such attacks happening to them.
It’s estimated that by 2020 there will be 20.4 billion things connected to the internet and in use world wide. It will be paramount for mandates to increase security levels for all the products that are to come out on the market or we can expect to see a global IoT security breach.
The IoT has huge potential to help businesses grow and become more successful. Read more in this post.
Much to the delight of some organisations, Blockchain is expected to bring the new ways to communicate within organisations this year. The most innovative co-operations will start using blockchain as a way to become more collaborative.
No industry stands to benefit from integrating blockchain into its business operations more than banking. Financial institutions only operate during business hours, five days a week. That means if you try to deposit a check on Friday at 6 p.m., you likely will have to wait until Monday morning to see that money hit your account. Even if you do make your deposit during business hours, the transaction can still take 1-3 days to verify due to the sheer volume of transactions that banks need to settle. Blockchain, on the other hand, never sleeps. By integrating blockchain into banks, consumers can see their transactions processed in as little as 10 minutes, basically the time it takes to add a block to the blockchain, regardless of the time or day of the week.