“Without change, there is no innovation, creativity, or incentive for improvement. Those who initiate change will have a better opportunity to manage the change that is inevitable.” -- William Pollard.
For a better understanding, innovation in a broader sense is the process of transforming a new invention or idea into an effective product or service. For any regular business, it might mean executing new ideas, refining services or developing a dynamic range of products. Innovation for a business can act as a catalyst that can make the organisation prolific and assist you to adapt in the present marketplace where there is a prevailing cutthroat competition.
Now, let us see a few innovations worth waiting in 2020:
AI-as-a-service
Artificial intelligence is one of the most talked-about, searched, written, and studied topics in the past 5-7 years and people are waiting to see how is it going to change their life in 2020. Now, we are moving away from SaaS, PaaS, and IaaS. AI-as-a-service can be used in activities including automation, design and operations. Many entrepreneurs are exploring and probing on AI to enhance the existing customer experience. Many medical pioneers are trying to implement Artificial Intelligence in healthcare to ensure an accurate surgical outcome or any other medical process.
5G Data Network
The beginning of 2019 has seen the advent of 5G, but still, it is used in certain parts of the world. Technopreneurs are foretelling that 5G networks will seize 35 percent of the current global data traffic. 5G is hundred times faster and safer than the current 4G technology and the users will be able to download anything at a speed of 10 gigabits per second (Gbps). 5G will completely revolutionise the way we are browsing the internet, streaming Netflix, watching YouTube, or listening to music.
Computer Vision
In computer terminology, “vision” involves systems that can identify people, items, places, and objects through visual images that are captured through a camera or sensor. Smart glasses will thrive in 2020 as many organisations are investing a huge amount of money for making it more accurate and they are trying to enhance its practicality. Once smart glasses are ubiquitous, a person can check the price of any product by looking to it, get various suggestions based on their interest, recognise any pattern, boost the efficacy of assembly lines, and more.
Read more: Importance of Creativity and Innovation in Academics
Once these services are introduced into the market, people will start using them as modern tools of communication, and to enhance efficiency and knowledge.
Read more: How REVA University Has Adopted the Technology for Better
