Latest Industry Reports, Stats & Trends

Latest Industry Reports, Stats & Trends

A Brand New Era of Technology is Emerging

Technology is a vast & ever-evolving root term, with changing times, it has taken a step forward in nearly every aspect of our lives. It's now on the cusp of moving ahead of augmentation, and in the future, it may replace human capability into augmentation that creates superhuman capability. As we process in the future, technology is expected to make more way into our lives.

By 2022, the global edge computing market is expected to reach $6.72 billion, and by the end of 2020, the number of IoT devices is expected to reach 30 billion devices.

Here are the top 10 technology trends to watch in 2020 that are systematized into People-Centric & Smart Spaces.


  • Hyper automation
  • Multiexperience
  • Democratization
  • Human Augmentation
  • Transparency & Traceability

Smart Spaces

  • Empowered Edge
  • Distributed Cloud
  • Autonomous Things
  • Practical Block chain
  • AI Security

The future will be characterized by smart devices delivering increasingly insightful digital services everywhere, and these trends have the potential for substantial disruption.

Now, let's talk about each trend briefly,

Hyper automation looks at two things, one the expansion of automation that is whatever can't be automated will be automated and two Robotic Process Automation and task automation to add much more sophisticated AI-based process automation and to build digital twin organization(DTO).

DTO is going to become an integral part of the hyper automation process, providing real-time and continuous intelligence about the organization and driving significant business opportunities.

"Hyper automation enhances physical endurance & ability to think & decide."

Multiexperience is all about giving the world everything at its fingertips.

It's about creating an immersive experience, conversational platform and multiexperience development platform (MXDP) and mainly focuses on how people interact with, perceive and control the digital world and related applications.

It’s a combined shift in both perception & interaction models leading to the future multisensory and multimodal experience. According to Brian Burke, Research Vice President at Gartner, the model will shift from technology-literate people to one of the people literate technology.

Democratization focused on providing people with No-Code technology, i.e., furnishing access to technical expertise without any extensive training. It concentrates on four key areas; application development, data & analytics, design, and knowledge.

The best example for Democratization is the use of Robo advisor, these expert systems can automatically balance portfolios and provide additional advice on how you invest.

Human Augmentation is a combinational innovation of hyper-automation, democratization, empowered edge devices, and autonomous things. It provides a new consumerization effect by focusing on how technology can be used to enhance the cognitive & physical aspects of human experiences.

Human augmentation offers the opportunity to achieve digital transformation through human transformation and enhance human capabilities and capacity through the use of technology and science, i.e., it enables humans to execute tasks that were impossible earlier.

Transparency & Traceability, a greater focus on digital ethics and privacy. It focuses on the six key elements of trust: ethics, integrity, openness, accountability, competence, and consistency.

Digital ethics, data privacy, explainable AI and ethical AI are critical issues and these demand transparency into how we use user data. A range of attitudes, actions, and supporting technologies & practices needs to be designed to address regulatory requirements and ethics around AI.

"By 2020, nearly 70% of organizations will be exposed to personal data archiving. That's a 60% rise since the number in 2018 was 10%."

These people-centric trends will have a profound impact on people and the spaces they inhabit.

Technologicalization in Smart be continued.

A Brand new ear of Technology is emerging

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