Telenor predicts tech trends of 2018
Analysts at Telenor Research are predicting that 2018 will see many of budding technologies like AI, Big Data, Crypto-currencies and automated vehicles to start hitting the markets around the world. As Bangladesh is continuing its journey towards Digital Bangladesh, it too will face some of these new trends.
"When big changes happen it is often because regulation, user preference, and technology converge, 2018 will see key developments in all three dimensions," says Bjørn Taale Sandberg, Head of Telenor Research.
Telenor Research sees seven tech trends coming in 2018 which include changes in social media behaviour, broader use of Artificial Intelligence and Deep Learning in businesses, AI and IoT-based financial services, and advancement in Augmented Reality.
Shifting from Facebook
According to Telenor Research, Facebook users are posting less and the amount of relevant information on the Facebook newsfeed is dropping, giving way to an increasing amount of professional and paid content - of varying relevance. Users are also likely becoming more critical as awareness rises around "fake news" seeping into their feeds.
"Perhaps discouraged by a lack of relevance, users could start turning to other platforms for news, to curate their 'digital presence' and get updates on friends and family," says Bjørn Taale Sandberg. All the while, Facebook will develop further into a communication platform - both through the ever-popular Messenger app and in Facebook Groups for micro-coordination.
Deep Learning going deeper
2018 may possibly be the year when deep learning moves beyond the hype, and will find new markets outside of the Internet giants. The research indicates that technology will take on a wide range of industries, including health, energy, transport, and telecommunication. There will be more business failures due to misunderstood use, mismanaged expectations on deep learning's capabilities, immature data handling, and not the least - from those that think deep learning is a magical tool that can be bought off the shelf and not grown from within.
Broader range of payment devices
In 2018 a growing number of our everyday devices could become payment devices in itself - car keys, vending machines, smart phones, connected cars, sports watches etc - could all evolve to make payments for the products and services we enjoy. Moreover, going forward Artificial Intelligence and IoT will generate intelligent and personalized context-aware customer services that will enable more tailored solutions and help customers and companies alike make sound financial decisions, manage risk and reduce costs. In 2018 several new device payment systems will be introduced globally.
Augmented Reality or AR
"Though no mass market re-launch of Google's AR glasses are on the immediate horizon, we should see a surge in the number of apps with AR in 2018," says Sandberg. With its latest version of the iPhone operating system, Apple has built-in support for augmenting whatever the phone's camera captures with additional information. This means that much of the complexity is removed for programmers and AR is suddenly within reach for hundreds of thousands of iOS app developers.