Inevitable 2018 Tech: Technological Innovation Disrupting Internet Business That Will Shape Our Future
Seeing the current advancement of technology and innovations every six months one can envision of what will happen in the next thirty years is inevitable. New internet business will drive new tech systems in 2018. Most products which were patent protected will be free to use from 2030. The technological trends is driven by market demands. Mobile applications will be redundant as storage space is still an issue.
It is fascinating to understand the sustainable systems which will be developed to provide an optimistic road map for the future is the KEY to the current commercial internet business market dynamics.
Startups across the globe have to be provocative in their thinking approach to develop ambitious internet business model metrics to measure the success rate.
Success comes to those who believe that they can change the future of mankind by touching the EMOTIONAL ANGLE of the MIND.
The technological trends in near future will show how technological innovations will change our lives especially internet business models. Envision the advancement of virtual reality application in a home set up to an on-demand economy to artificial intelligence embedded in every device we use and manufacture.
Flight to quality can be understood as the result of a few long-term, accelerating forces.
Important deep trends which is going to drive business strategy would be amalgamation of social CONNECT of interacting, cognifying, flowing, screening, accessing, sharing, filtering, remixing, tracking, and questioning. This in turn would generate BIG DATA which will demonstrate how different social parameters overlap and are co-dependent on one another.
The social connect factors will be the larger forces that will completely revolutionize the way we buy, work, learn, and communicate with each other.
Understanding WHAT, HOW questions and embracing them at the same time will act as a catalyst for the startup entrepreneurs to synergise and simplify the current business models.
The pursuit of profit will be easy for startup entrepreneurs to attain and remain on top of the coming wave of innovation changes. Acceptance is more important and imbibing the core principles is the need of the hour.
Innovation changes is the need to solve massive problems of the ecosystem.
Arranging and utilizing current devices as a part of the bigger pie system and balancing the act of day-to-day relationships with technology in fascinating ways will bring forth maximum benefits.
Knowledge is indispensable to anyone who seeks guidance on where their business, industry, or life is heading.
What to invent?
Where to work?
In what to invest?
How to better reach customers, and what to begin to put into practice as this new world emerges?
One has to be goal driven entrepreneur with an ability to spot business opportunities.
Fourth Industrial revolution is different in scale, strategy, scope and complexity from any revolution in business that have come before the mankind. Market development would see a range of new technologies that will be an amalgation of the physical, digital and biological worlds.
The core principles of the technology would be affecting all disciplines, economies, industries and governments, and even challenging ideas about what it means to be MORE human.
Rapid Maturity of the Internet Business Marketplace
Currently we are surrounded by Artificial intelligence based products and system. AI is already all around us and integral part of any business. Right from supercomputers, drones and virtual assistants to 3D printing, DNA sequencing, smart thermostats, wearable sensors and microchips smaller than a grain of sand.
Internet Business Innovation in the Making
Nanomaterials 200 times stronger than steel and a million times thinner than a strand of hair and the first transplant of a 3D printed liver are already in development. Imagine “smart factories” in which global systems of manufacturing are coordinated virtually, or implantable mobile phones made of biosynthetic materials.
According to Schwab, the fourth industrial revolution is more significant, and its ramifications more profound, than in any prior period of human history.
In 2018, the key technologies driving fourth industry revolution will have major impacts on government policies across the globe, business, civil society and individuals. how to
How to harness innovation ideas to solve massive problems & imbibe the changes that will shape a better future?
One should have the outlook that technology will empower people rather than replacing them. Progress in a country increase the GDP and serves the society rather than disrupting it.
Innovators across the globe respect moral and ethical boundaries rather than crossing them. We all have the opportunity to contribute to developing new frameworks that advance progress.
NEW MANTRA for 2018: INNOVATE AND PROTECT
Being more social is the need of the hour. We will see more AI driven social networking technologies to further shorten the corporate buyer & seller discovery cycle and enhance B2B transparency.
Answer the following questions in the comment box:
How will YOU expand user trust?
Steps to follow for company-to-company precision advertising.
The intellectual minds will use blockchain technology such as smart contract to build trust and use cryptocurrency to provide a better payment instrument for international trade. More to come in 2018, wishing everyone a very happy and prosperous 2018 from TCIS team of thinking geeks.
Prity Khastgir is a techno-savvy patent attorney in India with 12 yrs++ of experience working with clients across the globe. Her areas of expertise are IP portfolio research, cross-border technology transactions, licensing agreements, product clearance, freedom-to-operate, patent infringement & invalidity analysis, research & opinions. Currently, she helps startups to raise funds, assists foreign companies to find right business partners in India. She also assists enterprises to enter and find the right angels, and VCs in Malaysia, Singapore, US, UK, Japan and India.