2018 | Future of Technology in Business

Category: Technology

Industry: Technology

Location: Global

Related to: Future of Urban Living /

Reviewer: Logan Kurtz Larkin / BFA Parsons School of Design

Company: MITSloan

Website: https://bit.ly/2JkmGHj

About:

MIT Sloan created a review published by Albert H. Segars that addresses the universal technological revolution–listing off seven technologies that will change the world. This review serves to remind business leaders the value of implementing technology into their companies will provide benefits that will only enhance the capabilities and potential impact of their company.

Technologies covered in review:

1. Pervasive computing also known as ubiquitous computing, delivers information, media, context, and processing power to us, wherever we are. This class of technologies is characterized by vast networks of connected microprocessors embedded in everyday objects.
2. Wireless mesh networks (WMNs) are ad hoc loops of wireless connectivity in which only one device requires an internet connection. These are smart networks of wireless devices that can form, disperse, and re-format the user’s command.
3. Biotechnology, which is the use of living systems and organisms to develop or make products such as, genetic engineering, informatics, cell technology, and chemical sciences
4. 3D printing transforms a digital blueprint of an object into a physical finished good. Allowing businesses to print their own parts or mockups instead of outsourcing.
5. Machine learning covers a broad context of technologies and capabilities. Some scientists approach the domain purely from a perspective of computer programs that “learn.”
6. Nanotechnology, which encompasses molecular engineering, is a new and radical engineering science that is designing and manufacturing incredibly small circuits and devices that are built at the molecular level of matter, typically 1 to 100 nanometers.
7. Robotics bridge the disciplines of mechanical engineering, electrical engineering, and computer science, robotics is the design and development of mechanical systems (a frame, electrical components, and code) that can operate autonomously or semi-autonomously.

Overall, the review results in how these seven technologies that are already being integrated with the modern business are beginning to be used in unison in order to create super-technologies. The future of technology has the potential to create new digital frontiers, enable mass digital fabrication and help material research so that humans can optimize and innovate every aspect of their environment.