Hootan Melamed Shares His Top 10 Technology Trends for 2021
Today, there are many new and exciting trends in the field of technology. The development of certain medical science, computer science, and manufacturing initiatives has led to a greater potential for tech companies of all kinds.
Hootan Melamed, an entrepreneur and inventor from Los Angeles, California, shares his top 10 technology trends for 2021 and how they will make a difference in the market as a whole.
1. Artificial Intelligence
Artificial intelligence or AI has become one of the top tech trends for the past several years. AI is helping companies develop industrial automation to combat labor shortages resulting from the Covid pandemic.
AI is also used for navigation apps, speech recognition, image recognition, and voice-based assistants. It powers some of the public’s favorite streaming audio and video services like Netflix and Spotify. AI can provide useful and accurate recommendations to viewers and listeners based on their history and connections with other media.
Robotics is making a large impact on the manufacturing sphere, and it has also recently been used in medical settings. Robotics is another way in which manufacturing firms will deal with the shortages in skilled labor that resulted from the Covid pandemic. Robots are also able to work more efficiently and with less waste than human operators. They also preserve human health and safety by completing dangerous jobs. Robotics could cut costs and preserve more of a company’s profits for reinvestment.
5G connectivity is beginning to spread across the United States despite the highly negative reaction from certain segments of the public. New models of smartphones like the iPhone 12 and 13 are being manufactured to access 5G networks. With the speedier networks, consumers will take advantage of more of their phones’ capabilities. They will have an easier time streaming music and video. They will also be able to communicate instantaneously with people all over the world.
4. The Internet of Things
The Internet of Things or IoT has begun to impact how people live and work greatly. Industrial machinery and consumer products can communicate with one another, greatly increasing convenience.
5. Distributed Cloud Computing
The distributed cloud is a hybrid between locally hosted software and data storage, entrusting these items to external servers.
Having access to local servers means that data can be accessed more rapidly. It also helps reduce the instances of global network outages having a serious impact on how a company does business.
6. Natural Language Processing
Many Internet users are familiar with chatbots, the most popular way of using natural language processing. By simply conversing with the chatbot, the consumer can access the information they need without tedious searching. Chatbots put a fresh face on customer service.
Natural language processing is also heavily used in financial marketing. It is used to analyze market sentiment and access data from large repositories.
Most tech-savvy individuals are already familiar with blockchain due to its application in cryptocurrency. In 2021 and beyond, blockchain will come to prominence in smart contracts and the secure exchange of data. Updates to blockchain technology can be used to perform secure data exchanges. The blockchain market is expected to grow 67 percent by the year 2025.
8. Personalized Medicine
The healthcare sector has been driven forward at an amazing rate thanks to recent technological developments. The prevalence of wearable devices like the Fitbit and Apple Watch means that doctors can access daily information about their patients’ health and potentially predict whether they will fall victim to a disease or other health problem.
AI is also having an impact on personalized medicine. AI can read medical images and test results, providing a more accurate result than human examination.
9. Facial Recognition
Facial recognition is currently used to unlock smartphones and to identify people in surveillance footage. Systems are being built which would allow consumers to unlock their homes and cars using face recognition.
10. Big Data
Big data has been influential for some time, but it will continue to be a force in 2021 and beyond. Smartphones, Internet histories, and other data could be a repository of vital information about consumers. Companies may harvest this data and use it to fine-tune their marketing messages and create products that everyone can use.
Creating New Technology
Entrepreneurs like Hootan Melamed believe that the progress of technological change will continue to reshape the world we live in. Every year, new technology is created that may or may not impact everyone’s daily lives.
Understanding how technology impacts every business and consumer is a tall order, but Hootan Melamed is ready to take advantage of new opportunities.