Unit 06: LO 1 - 1.4 - Emerging Digital Technologies

Evaluate current, emerging and fringe digital technologies and how they may contribute to a digital transformation strategy

Evaluate means =

Examine strengths and weaknesses, arguments for and against and/or similarities and differences. Judge the evidence from the different perspectives and make a valid conclusion or reasoned judgement.

Assessment

Report

Current, emerging and fringe digital technologies, such as: Pick One

connectivity, for example:

faster processing, for example:

quantum computing/internet
artificial intelligence (AI)/machine learning
Buses in the UK and AI
natural language processing (Chat GPT)
serverless computing (aka Function as a Service (FaaS))

automation, for example:

robotics
Internet of Things (IoT)
drones
application of 3D printing

mixed reality, for example:

augmented reality (Pokemon Go)
virtual reality
blockchain, for example:
cryptocurrencies
data storage

Aaron speaks about the company and platform he created to use A.I. to peer coach within companies.

Aaron Hurst Full.mp4

Imperative Demo.mp4

Connectivity: 5G

Current Impact: Makes things like cloud computing and remote work easier and faster. It can help with real-time data sharing.
Emerging/Fringe Benefits: As IoT grows, 5G can make "smart cities" more of a reality.

Faster Processing: Quantum Computing/Internet

Current Impact: Still in the experimental phase, but it promises to solve complex problems much quicker than traditional computing.
Emerging/Fringe Benefits: Could revolutionize sectors like healthcare, finance, and even cybersecurity.

Artificial Intelligence (AI)/Machine Learning

Current Impact: AI is already improving data analysis, automating tasks, and enhancing customer experiences.
Emerging/Fringe Benefits: Could lead to more intelligent automation and even better data-driven decisions.

Natural Language Processing (NLP)

Current Impact: Chatbots, translation services, and voice assistants like Siri and Alexa are getting better at understanding human language.
Emerging/Fringe Benefits: Future possibilities include more natural interactions with technology and improved accessibility.

Serverless Computing (FaaS)

Current Impact: Allows companies to focus on code and applications rather than managing servers, saving time and money.
Emerging/Fringe Benefits: Could make it easier for small businesses to scale and adapt without a big investment in hardware.

Automation: Robotics, IoT, Drones

Current Impact: Robotics are already used in manufacturing, and drones are being used for deliveries and monitoring.
Emerging/Fringe Benefits: IoT could make "smart" homes and cities widespread; drones could revolutionize emergency services.

Application of 3D Printing

Current Impact: Useful in prototyping and some specialized manufacturing.
Emerging/Fringe Benefits: Could be a game-changer in healthcare (think 3D-printed organs) and reduce the cost of manufacturing.

Mixed Reality: Augmented Reality (AR), Virtual Reality (VR)

Current Impact: AR and VR are already being used in gaming, training simulations, and even remote collaboration.
Emerging/Fringe Benefits: Could revolutionize how we interact with the world and even each other, making experiences more immersive.

Blockchain: Cryptocurrencies, Data Storage

Current Impact: Mostly tied to cryptocurrencies right now, but the secure, decentralized record-keeping has potential.
Emerging/Fringe Benefits: Could make transactions more secure and transparent, affecting everything from voting systems to supply chains.

By understanding the current and potential future impacts of these technologies, a company can better plan its digital transformation. The key is to not just adopt the newest tech because it's trendy but to strategically choose technologies that align with the company's goals and can provide the most benefit.

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