Emerging technology is a term generally used to describe a new technology, but it may also refer to the continuing development of an existing technology. It can have slightly different meaning when used in different areas, such as media, business, science or education. However, the term commonly refers to technologies that are currently developing, or that are expected to be available within the next five to ten years, and is usually reserved for technologies that are creating, or are expected to create, significant social or economic effects.
Emerging technologies are a huge part of the present and significant role for the future. Artificial intelligence (AI), virtual reality, augmented reality, 5G and blockchain have all evolved and found their niche applications. Each technology is maturing while overcoming challenges.
Digital environments will be common in our future, that is without doubt. Just like metadata makes digital content findable, emerging technologies will enhance our digital experience.
But are we prepared?
Choosing the best data preparation tools for emerging technologies like machine learning can be a challenge. Fitting the needs of the organization makes choosing the right vendor and solution a complicated process that requires in-depth research and often comes down to more than just the solution and its technical capabilities.
Machine learning models are only as good as the data that is used to train them. Ensure that suitable training data is available and is optimized for learning and generalization.
In a world driven by digital solutions, emerging technologies continue to affect the way we live, work and interact with one another. Many of these technological changes are great. They increase our productivity, make the services we need more accessible and, overall, make our lives easier. However, they often challenge us to change our habits and routines too. So, are we prepared for what’s coming next?
Getting used to this technological shift might take a moment, but the sooner we start, the sooner we will be able to benefit from all that emerging technologies have to offer.
Data Harmony is a fully customizable suite of software products designed to maximize precise, efficient information management and retrieval. Our suite includes tools for taxonomy and thesauri construction, machine aided indexing, database management, information retrieval and explainable AI.
Melody K. Smith
Sponsored by Access Innovations, the intelligence and the technology behind world-class explainable AI solutions.