​​​
  1. From Internet of Things to virtual reality, 5 things to know about Power of Technology

From Internet of Things to virtual reality, 5 things to know about Power of Technology

Technology is constantly evolving, Mobile and Cloud are one of the many examples of its evolution and newer technologies such as IoT and 3D printing are becoming a mainstream adoption.

By: | Updated: August 24, 2016 1:40 PM
Technology is constantly evolving, Mobile and Cloud are one of the many examples of its evolution and newer technologies such as IoT and 3D printing are becoming a mainstream adoption. (Photo: Thinkstock) Technology is constantly evolving, Mobile and Cloud are one of the many examples of its evolution and newer technologies such as IoT and 3D printing are becoming a mainstream adoption. (Photo: Thinkstock)

Coming to the discovery of new technologies it has been evident that 2016 will carve the way to new dimensions. Technology is constantly evolving, Mobile and Cloud are one of the many examples of its evolution and newer technologies such as IoT and 3D printing are becoming a mainstream adoption. In the same context, Prime Minister Narendra Modi has rightly said that technology has the power to impact our lives.

Let’s have a look at the 5 hottest technologies in 2016.

Internet of Things

Internet of Things is a buzzword we all have heard about. It is an innovative technology that claims to improve our lives, which means it can be incorporated into our day-to-day activities which can increase our efficiency and productivity. With this technique, everyday objects are given unique IP addresses so that they can transfer data without human interference. IPv6’s huge address space is one of the factors which made Internet of Things so popular. It has been evolved from the wireless technology using a combination of sensors and ports.
Car IQ; a company that has introduced the concept of smart driving, using a device which records the mileage, speed and the driving pattern is shared with the community of peers driving the car of the same make and brand to maintain the complete ecosystem of the cars.
This experiment has brought the digital world further closer to the physical world.

The Wearable

The wearable technology includes devices such as an Apple Watch, Android wearable’s and smart glasses, to name a few. Wearable devices in the introduction phase greatly attracted the attention of the health and fitness industry. Many big players in the industry such as Google are developing these devices. Fit bit Flex a wearable band which can be strapped around user’s waist measure’s one’s sleep cycle and calorie consumption and shares it on the user’s Smartphone. There is also a lot of talk about the Google Glass; a very tiny device that hangs on the user’s glasses and the user can click the pictures & videos, it also helps in navigation and other smart activities.

Mobile Payments

Google Wallet and Apple Pay began to gain popularity in 2015. NFC (Near Field Communication) is making the process more secure and convenient. Also mobile payments are made secure by the incorporation of two-factor authentication widely used and accepted by the industry. Two-factor authentication ensures a secure login mechanism to authenticate or verify user’s identity. Two-factor authentication can be implemented at the application level, to protect and secure from unauthorized access.

Augmented Reality

With the launch of Google Glass, Augmented Reality has paved its way to success. It is a technology that blurs the line between real world and the computer world. It enhances human behaviour and senses, such as feel, touch, hear and smell. Augmented Reality adds graphics, sounds and videos to the natural environment and changes the way we see the world. Just imagine you are walking on a street and a display similar to a glass comes in front of you with some video or informative graphics and the audio in the background, these visuals will continuously be refreshed as you move around.

Virtual Reality (VR)

Virtual Reality is a concept for creating an artificial environment using various software. It pursues two of the five human senses; sight and sound, 3D images are the examples of virtual reality. In 2015, VR was extensively used in the video games and simulation gadgets. Using this technique employee can directly interact with each other on the virtual screens. This sort of communication has already been implemented by Ford with proven results.

All these technological advancements convey that technology is changing rapidly and each day new innovations are coming to the floor. People have become a lot more technology oriented than earlier generations and they are quite receptive to the changes. Now, what’s important here is that we need to learn the smart usage of the smart technology in the smart age to save our environment and natural resources.

The Author is CO-founder, Innefu Labs

Get live Stock Prices from BSE and NSE and latest NAV, portfolio of Mutual Funds, calculate your tax by Income Tax Calculator, know market’s Top Gainers, Top Losers & Best Equity Funds. Like us on Facebook and follow us on Twitter.

Go to Top