USM love to give information related to new, emerging, and future technologies such as Artificial Intelligence (AI), Machine Learning (ML), Deep Learning, and Big Data, etc. These are the future technologies that will change the world of businesses in multiple ways. And of course, I can happily say that I’m a big fan of artificial intelligence!

I think you heard about Amazon Alexa. Now, it’s become a part of many homes. Emerging voice recognition technology-enabled Alexa can efficiently understand human spoken words and respond accordingly.

You might have a question in mind that why I’m talking about Alexa now? How it is related to the blog title (which I gave)?

Yes, Alexa is the best innovation developed using next-generation technologies. In this blog, I would like to brief out a few statistics that show how these kinds of innovations will increase the market growth of AI and other advanced technologies.

I’ve captured 10 top technology trends (in 2020) that are related to four major emerging technologies including Augmented and virtual reality, Artificial intelligence, Voice Assistants and Smart Speakers, and smart devices and applications.

Let’s move on to the topic: Artificial Intelligence

1. Trending Artificial Intelligence Technology

What is Artificial Intelligence (AI)?

AI is a buzzword now in the market. Artificial intelligence is defined as a branch of computer science that empowers machines or devices to perform operations exactly like humans.

AI technology is modernizing every industry using the power of ML, deep learning, natural language processing, speech recognition, and many other platforms.

However, everything has two phases including positive and negative. Likewise, AI technology also has a few potential risks, along with its unbelievable advantages.

Know more about the risks and benefits of Artificial Intelligence

What are the best AI applications?

AI in Education: Artificial intelligence in education offers the best learning ways for students and helps educators to provide the best virtual learning services to learners.

AI In Education: Top 12 AI Applications in Education Industry

AI in Manufacturing: Artificial intelligence in manufacturing is completely transformed the manufacturing industry. AI offers automation in manufacturing processes, optimized operations, and improved productivity.

USM is specialized in delivering the best artificial intelligence services and solutions to global manufacturers.

Want to know more about what we type of applications or mobility solutions we provide to manufacturers.

Just look at blog @ Top 10 Use cases of Artificial intelligence in Manufacturing

AI in Healthcare: The use of artificial intelligence in healthcare is increasing rapidly. From disease detection and treatment to robot surgery and drug discovery, AI has spanned its wings across the healthcare sector.

USM Business Systems have published multiple blogs on AI in healthcare. Just have a look at them for a brief understanding of the use and impact of artificial intelligence in healthcare.

I hope, these blogs will give you brief on-

• What AI apps, tools, and software in healthcare can benefit healthcare service providers?
• How AI will become the future of technology for healthcare sector?
• Significant applications of AI in healthcare
• Top use cases of AI in healthcare
• Artificial intelligence in healthcare present and future scope
• Artificial intelligence in healthcare examples…… and so on

AI in retail: AI applications for Retail are huge. USM is specialized in providing artificial intelligence-based mobility solutions for retail customers. Our AI services and solutions for the retail industry helps to- optimize the in-store experience, improve brand value, increase customer satisfaction and personalization, and hence increase sales.

Have a look at our industry oriented blogs on artificial intelligence in retail sector.

Want to know more about USM artificial intelligent services and solutions, talk to our AI expert today!

AI in Banking and Finance: The use of emerging Artificial intelligence technology in banking and finance is gradually increasing with increasing demand for secured and smart banking apps.

USM has acquired vast experience and expertise in using artificial intelligence technology for delivering innovative mobility solutions for banking and finance customers.

Know what we can do for banking and finance clients?

Also, I would like to suggest you to go through our well-researched blogs on AI in banking and finance sectors. They are-

AI In E-commerce: Though AI came into the picture years ago, it will be the newest technology in 2020. Most of us have experienced with online shopping. Quick section, product recommendations, related product display etc., we must come across when we do online shopping. Have you ever think that how an e-commerce app is sending notifications and product recommendations based on our search history?

It’s all because of Artificial intelligence and machine learning technologies. Artificial intelligence technology in e-commerce is delivering unbelievable benefits to online retail service providers.

Are you an online retail service provider? & you looking for an interesting and amazing AI mobile app to expand your retail services?

Then, you are in the right place. USM, a leading artificial intelligence service company, has a strong team of AI experts to listen, understand, and deliver the best AI Solution for e-commerce. Know more @ Artificial Intelligence In E-Commerce.

And, we would also suggest to read our AI-based e-commerce blog- How Can You Reshape Your Traditional E-commerce Business with AI.

AI in Marketing and Sales: Unlike other applications, the use cases of artificial intelligence for marketing and sales deliver profitable growth to any business.

USM offers the best AI technology services and solutions for marketers. Our AI apps for marketing and sales seamlessly expand your brand across the world.

Similarly, applications of AI in transportation, artificial intelligence in HR, and artificial intelligence in automobile industry are also giving potential benefits to the service providers.

We have captured a few upcoming trends of AI technology that every business should be aware of in 2020.

Top Ten (10) latest trends of Artificial intelligence technology that you must remember in 2020

• Gartner predicts that over 80% of advanced technologies will work with Artificial intelligence
• Use of AI chatbots to offer increased customer personalization will increase by 80% in 2020
• According to BCG, 63% of global businesses adopt AI in the near future to reduce total operational costs
• The market growth of facial recognition will anticipated to increase by 20% in 2020
• Pew Research Center says that approximately 50% of individuals use AI-enabled voice assistants
• Adobe predicts that over 35% of people own a smart voice recognition systems in 2020. It was the one of the next big technology trends in 2020.

• A research report says that the future of digital marketing will completely messed with AI technology
• Increasing demand for smart products leads to reduce smart appliances cost by 52% by 2023
• As of Juniper Research, the digital voice e-commerce assistants market value to triple to $80 billion by 2023
• Smart assistant speaker market size will reach to $30.4 billion by 2024

Let’s move on to our first topic- Augmented Reality and Virtual Reality Technologies.

2. Augmented Reality (AR) and Virtual Reality (VR)

We will have a small discussion on Augmented Reality (AR) and Virtual Reality (VR) before going to predict the future of AR and VR.

What is Augmented Reality technology?

Augmented Reality technology is used for augmenting sound, graphics and video inputs using computer vision-powered recognition algorithms. Nowadays, it’s a hot topic in the development of new software developed for academic, gaming, and entertainment industries.

What are the best real-world applications of AR technology?

• The use cases of AR technology are incredible in education sector. The Augmented Reality apps like Quiver engages students to learn with 3D figures.
• Text, figures and even textbook syllabus will be augmented with AR apps
• AR application for printing and advertising agencies helps to exhibit digital contents on top of publications.
• AR apps helps travelers in accessing ancient places information by just placing your smartphone camera to that objects
• Augmented reality apps also helps to translate languages that you are not aware of.
• AR applications helps to provide better navigation to places
• Augmented reality apps helps gaming industry to develop 3D games

What is Virtual Reality (VR) Technology?

Virtual Reality or VR technology is used to create a virtual environment that completely virtualizes the real-world environment.

What are the Applications of VR Technology?

There are two significant use cases of VR technology. They include:

• Virtual Reality in Education: VR technology helps to stimulate real-world environment of Training and Education industries
• Virtual Reality in Gaming: Virtual reality apps helps to develop completely virtual environment for gaming industries
• Virtual Reality in Healthcare: Telemedicine is one of the significant applications of VR. VR tools helps physicians to monitor, examine, and helps patients who are in remote locations
• VR in Industrial design & architecture: Architects are using VR to build virtual computer models

Now, we will move on to what are the researchers are estimating about the future of AR and VR technologies. Let’s start!

Top 5 Significant Stats of AR and VR technologies 2020:

• According to IDC Trackers, the estimated current market value of AR/VR technology is approximated $1.6 billion
• As of eMarketer research, only in the USA, 42.9 million and 68.7 million people were used VR and AR products respectively in 2019
• GlobalWebIndex also predicts that compared to the Film and TV, VR has wider scope in gaming industry in the future.

• Vibrant media says that the media industry is going to increasingly implement AR strategies to improve business results
• The future of brands and marketers will be around virtual reality technology as of the GlobalWebIndex

Source: https://www.usmsystems.com/top-15-emerging-technology-stats-that-you-must-know-in-2020/