"Technology stands still for no one. From fire to electricity to digital, the sparks of innovation continue to fly"
Emerging technologies are characterized by radical novelty relatively fast growth, integration, prominent impact, and ambiguity. In other words, emerging technology can be defined as "a radically novel and relatively fast-growing technology characterized by a certain degree of coherence persisting over time and with the potential to exert a considerable impact on the socio-economic domains which is observed in terms of the composition of actors, institutions, and patterns of interactions among those, along with the associated knowledge production processes. Its most prominent impact, however, lies in the future and so in the emergence phase is still somewhat uncertain and ambiguous.
AI and Big Data are a blessing in structuring digital India.
Artificial Intelligence is already been used widely as voice-based personal assistants, Facial recognition security systems, Media Streaming Services, Navigation services, and many more.
AI is progressing rapidly with the invention of self-driven cars. It is going to play a huge role in shaping our future.
Big data and Artificial Intelligence are the keys to digitalization. It helps us transform business operations, reduce the time spent on executing the day to day activities, making quick and accurate decisions, and having assisted to reduce errors. It is also becoming a key requirement for organizations to be innovative and maintain a competitive edge.
Computing for the Future
Rather than owning their own computing infrastructure or data centers, companies can rent access to anything from applications to storage from a cloud service provider.
Cloud computing services cover a vast range of options now, from the basics of storage, networking, and processing power through to natural language processing and artificial intelligence as well as standard office applications. Pretty much any service that doesn't require you to be physically close to the computer hardware that you are using can now be delivered via the cloud.
Autonomous Vehicles
An autonomous vehicle, or a driverless vehicle, is one that is able to operate itself and perform necessary functions without any human intervention, through the ability to sense its surroundings.
The study only indicates the changing perception of mobility as consumers believe autonomous cars will take on a larger role in their daily lives, going beyond the act of driving to also have autonomy in running errands and completing chores.
Seven out of 10 consumers believe autonomous cars drive better than humans or will surpass human abilities by 2029, according to a worldwide consumer survey commissioned by ANSYS.
Though it is still in a nascent stage, the technology is already revolutionizing a number of industries. Most notably, self-driving cars are already being deployed in mineral exploration, where they are being used to haul materials at the mines and to ports, without endangering any human lives.
Breaking Free of Bitcoin
When people think of blockchain, they think of cryptocurrencies. And while the two are closely connected, the applications of blockchain go far beyond just facilitating crypto transactions.
One of the most popular uses of technology is its application in supply chain management. With blockchain, businesses can simplify and track supply chains that are becoming increasingly complex, and geographically widespread. Digitizing different components of the supply chain helps businesses track their operations in real-time, and eliminate any kinks in the process.
Devesh Chawla - Founder and CEO, Chatur Ideas
Devesh is an ingenious strategist, a mentor, an effective leader, out of box thinker, investor and to sum it all, an all-rounder! A highly sought-after speaker and yet a very good listener. He is known and highly regarded for his brisk planning and execution. He is deeply committed to add value to the start-up ecosystem and revolutionize entrepreneurship pictures in India. ‘Chatur Ideas’ is his heartfelt and sincere effort to create a ONE-STOP solution for start-ups and entrepreneurs.
Devesh Chawla is the Founder and CEO of Chatur Ideas. Chatur Ideas is a startup enabling platform with over 950 startups and 1500+ investors where startups get funding, mentoring, and 360-degree execution support. After acquiring Nurture Talent Academy (India’s first Institute for Entrepreneurs present across 125+ cities and trained more than 34,000 entrepreneurs), Chatur Ideas is training young entrepreneurs across Institutes and providing them access to its vast ecosystem so as to enrich the entrepreneurship culture right from foundation level.
Founder and CEO, Devesh Chawla is a mentor and investor himself and has worked with hundreds of startups including Catapooolt, Strike, Orbit Marketplace, Gamooz, Maax Market, Market Pulse, Hubilo, Sociorac and many more. He also runs entrepreneurship programs across colleges and startups along with joint certification courses with IIT-B, Spinta Global Accelerator, USA, etc. He has been covered by various media, newspapers, TV Channels in India & globally.
