The most important technologies in 2021 will be AI, 5G, and IoT
More specifically, nearly one-third (32%) of respondents cited AI and machine learning, followed by 5G (20%) and IoT (14%).
CIOs and CTOS surveys show that manufacturing (19%), healthcare (18%), financial services (15%), and education (13%) are the industries most people believe will be affected by technology in 2021.
Not surprisingly, COVID-19 is improving companies, including IEEE member Carmen Fontana and Cloud and Evolving Technology Lead in Centric Consulting.
Technology, acceleration, and disaster preparedness due to COVID-19
CIOs and CTOs have surveyed the adoption of certain technologies due to the epidemic:
Respond More than half (55%) of respondents accelerated cloud computing
G accelerated 52% 5G adoption.
51% accelerated AI and machine learning
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5G is an important part of the evolution of cloud-computing ecosystems towards more distributed environments, even though it is still many years away from widespread expansion.
Between now and 2025, the networking industry is investing $ 5 trillion globally in 5G, supporting the rapid adoption of mobile, edge, and embedded devices in every sphere of our lives.5G is a major catalyst for the trend, under which more workload is being implemented and data is on edge devices.
AI will play an important part in ensuring that 5G networks are optimized 24 × 7 end-to-end.How 5G Can Use AIAI hybrid lives on every edge of the clouds, multi-cloud, and future mesh networks.
Already, we have seen major AI platform vendors make significant investments in 5G-based services for 5 Mobility, Internet of Things (IoT), and other edge environments.To better understand how 5G empowers the online economy, let’s consider how this emerging wireless architecture delivers value across the AI in telecom toolchain:Next-Generation Edge Convergence with AI Systems on the Chip5G combines digital cellular technology with wireless long-term evolution and Wi-Fi interface.
As a result, 5G has a much faster download and upload speed than 4G: 20 gigabits per second, which is 4 times the rate of 5–12 megabits per second.Most of the application of 5G arises from the ability to transmit data over multiple bitstreams simultaneously between the bandwidth and the transmission capacity connection base station and edge devices.How AI can benefit 5GAI is also a key component of infrastructure to ensure that 5G networks, in all their complexity, can support AI and other application workloads.
Recently published research shows that many wireless operators worldwide are well-equipped to implement AI for their 5G and other networks.For the next generation of distributed AI applications to work effectively, 5G networks need to be constantly self-healing, self-managing, self-protecting, self-repairing, and self-optimizing.It relies on embedding machine learning and other AI models to automate application-level traffic routing, service quality assurance, performance management, root cause analysis, and other operational tasks.
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Recently we saw screenshot that became viral and thought it was free PR to the concerned organization but it might have done some damage to bots and sure they may be heading to file some defamation suit in some courts.Now the story, this organization is into financial services providing payment services.
In the screenshot, the bot greets the users to ask a question and the user responds with a message that “I got scammed” and the bot responds with message ‘Great!’The automated responses may turn weird at times and it may hurt the user more than the actual pain that made him to get in touch via the support portal.
The virtual assistants can help in avoiding human interactions with instant responses and they are available 24/7.
The caveat is on picking right processes that can be enabled with conversational AI via bots.As a start, Bots work without hassles with closed end options, like cancelling an order or track where the shipment currently etc.
and further issues can be escalated to human interventionIt helps in managing enterprise stakeholders and smart workforce management via tools to update vacations, book conference rooms, and record expenses, get policy guideline clarifications etc.The bots also work well for enhancing process efficiency by answering questions based on pre-loaded intelligence like getting clarifications around legal documents, policies, safety guidelines, etc.Bots also do a wonderful job in answering information around processed data, like a quick glimpse of financials, sales figures, competitor information, and equity updates etc.
and can be a wonderful assistant to CXOs.The major places not to leverage bots is around areas constrained by languages, emergency updates/clarifications, and emotionally sensitive areas.The best way gets start with Bot implementation:At OptiSol, we have center of excellence focused on AI and ML services and as part of that practice, we have built voice and text bots across verticals.
COVID-19 Impact on Healthcare IT Industry: The market for healthcare information technology is driven primarily by the rising incidence of COVID-19, government mandates, support and initiatives for HCIT solutions, the increasing use of big data in healthcare, high returns on investment for HCIT solutions, and the need to curtail escalating healthcare costs.
The global healthcare information technologies market size is projected to reach USD 270.3 billion by 2021 from USD 227.5 billion in 2020, at a CAGR of 23.6%.
The industry’s supply chain and market size, in terms of value, have been determined through primary and secondary research.
Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=216584532 In-Depth Market Analysis: The telehealth segment is expected to grow at the highest CAGR during the forecast period.
The use of telehealth solutions facilitates remote doctor-patient consultations (telemedicine) and vital sign monitoring.
The COVID-19 pandemic is providing immense opportunities for telehealth solutions, considering that social distancing is the only existing solution developed so far capable of minimizing exposure.
It seems like the more we get addicted to our mobile devices, the more AI is gaining attention.What is Artificial Intelligence (AI)?Artificial Intelligence or machine intelligence is a technology that normally solves problems where human intelligence is required.
From Augmented Reality (AR) to cab devices, they are to help us almost everywhere.
The innovations in NLG technology and cloud technologies are benefiting the journalism sector.
This improves the overall functionalities of the device.Learn users’ behavior patternsCombined with Machine Learning (ML), Natural Language Processing (NLP) offers a practical experience according to user preferences.
Netflix, for instance, uses ML to collect data about past actions of users.
Take Uber as a real-world example.