Supply chains and logistics involve a lot of moving parts. Among the most frequently occurring challenges in the global supply chain is tracking where products are at any given time, whether they are in good condition and where they are heading. That’s the key question logisticians ask themselves on a daily basis. Surely, this sector is undergoing an unprecedented transformation, driven by innovations in information technologies and digitalization. Digital, connected and autonomous are on the wishlist of characteristics for any forward-thinking commercial entity.
Will intelligent robots replace doctors in the future? It is still a difficult question to answer. Most medical startups are aimed only at simplifying and optimizing the medical flow process, and they do not provide for the replacement of a doctor with a robot. In addition, machine learning takes time, because we need to teach the neural network to “see” the problem in the image or to operate as a doctor. Despite all the difficulties, AI-driven medical projects have prospects.
As the technologies become more developed, the union of AI and intelligent personalization could lead to the emergence of companies that are predicting your dream vacation before you have any idea of your own. The futuristic chatbot will already know your preferred airport, dates, times, mode of transport and your travel companion from your emails, Facebook, Twitter and calendars — if you grant the required access, of course.
To keep up with the modern pace of life, the tourism and travel industry needs to see how to deploy the latest technology at hand. That’s when new AI innovations come into play with their huge potential to make travel faster, more efficient or more personalized. There is no doubt that the use of AI for travel will keep shaping the way we explore the world in the future. Recommendation systems come into play.
No doubt that all vehicles in the future will be connected. This small revolution has already begun. Its first steps are soft, but it will soon be a regular topic on many conference agendas – not only those specific for Telematics and in-vehicle information and entertainment systems. The future is in integrated, synchronized systems providing personalized user interfaces across all everyday life devices, for example, computers, tablets, smartphones and cars. Synchronized data is kept in the cloud and app UI should be customized for each device.
Technologies are still developing at an unprecedented speed. Cashless payments, smart wearables, 3D-printed prosthetics, movies downloaded at lightning speeds, etc. What will the Year of the Rat bring for the technological community? Value-based consumers, recessionary fears, and global sociopolitical uncertainty will make 2020 the year of adaptability. So, what the future has in stock for us? Here are 20 predictions for 2020 some of which are covered here and the rest will be covered in Part 2.
Technologies are still developing at an unprecedented speed. Value-based consumers, recessionary fears, and global sociopolitical uncertainty will make 2020 the year of adaptability. So, what the future has in stock for us? In Part 1 we have mentioned 20 predictions for 2020 and covered some there. In Part 2 we cover rest of the 20 predictions for 2020. The year 2020 has much to offer. The expansion of 5G and other prospective wireless technologies is round the corner, which opens a lot of possibilities for the implementation of technological solutions in any sphere.
Experts consider factoring a secured short-term financing tool, which reflects the real needs of the economy. At the same time, one can suppose that factoring automation makes it easier and less time-consuming for all parties, and can substantially increase the volume of factoring contracts. Digital factoring in banking becomes a powerful tool for banks as factors, helping to give their receivables finance business a brand-new look. Supply chain networks are working faster so automation is a matter of time. Great, if your bank is going to be next.