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Top 6 Technologies Worth Financing For Your Business in the Year 2020

vishal51085 profile image VISHAL UNJIYA ・2 min read

The advancement in the use of technology has driven innovations and has brought digital transformation. The progression has led to new and unique emerging technologies that can help businesses in providing excellent services. Companies invest thousands of dollars in technologies in fostering innovation and growth.

Organizations prefer emerging technologies to create apps or software that can help customers get the best services. Today, let’s look at the top 6 emerging technologies that companies can invest in 2020.

Top 6 Technologies of 2020

Artificial Intelligence

Artificial Intelligence is a technology that has become prevalent across different industries. It has the potential to provide a wide range of benefits to your business. The global market of AI is estimated to grow to $190.61 US dollars by 2025. Applications like Google Assistant, Siri, Alexa, and more are taking advantage of AI to its fullest potential.

Mobility & Sensing

When we talk about mobility, sound, and sense, they are said to be different things but are closely related to each other. Sensing is the one that enables mobility. The majority of the organizations consider sensing and mobility technologies to check their personal use cases to see if there is a need for AR cloud, flying autonomous vehicles, 3D-sensing cameras, light-cargo delivery drones, and autonomous driving. These are the emerging trends in mobility and sensing.

Voice Technology

Voice technology is all over the world. Everyone has started using voice-enabled digital assistants. Around 46% of the U.S adults say that they like to use mobile applications to interact with smartphones and other devices. The best example of this is Alexa technology by Amazon.

Internet of Things

Internet of Things (IoT) is an accessible technology that enables companies to create platforms for people to connect physical devices, software, home appliances, and automobiles. IoT can control all these devices with big data. IoT provides efficiency in performance and economic benefits. Besides this, IoT lowers the need for human involvement. Many modern enterprises are already leveraging the Internet of Things to simplify their routine tasks.

AR & VR

In recent times, Augmented and Virtual Reality are the two technologies that are incredibly vital for businesses. Both AR and VR are technologies that are different from each other. Virtual reality enables users to explore a completely immersive computer-generated world, while on the other hand, Augmented reality is a technology that overlays computer graphics onto humans’ views.

Smart Home Devices

With the advancement in AI & ML technology, smart home devices have become more popular than ever. All your daily life devices have transferred into intelligent devices. Whether TV, AC, Fans, or any other device home appliances, everything has turned into smart devices and controlled by your phone application or voice control. Some of the popular smart devices are Amazon Echo Studio, Eufy Video Doorbell, and Philips Hue.

Conclusion

Each of these emerging technologies is growing at different rates. Mobile app development companies leverage these technologies to create something unique for their users and offer the best services. If you are an entrepreneur or a business owner who wishes to provide advanced services to its clients through mobile business apps, contact the mobile app developers of OpenXcell.

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