Telenor Announces 7 Tech Trends for 2018

Telenor Announces 7 Tech Trends for 2018. At the end of year many tech giants are releasing reports regarding the best tech of 2017 or trending tech of 2017. Just recently Apple releases report on the most downloaded apps of the year. Google also reveals the List of 2017’s Top Trending Searches.

As 2017 is about to end, Telenor has revealed the list of 2018’s seven trending techs. The Telenor said that 2017 was the year of self driving cars, Artificial Intelligence and Cryptocurrencies. It also foresees that 2018 will be the year of seeing these techs in markets.

Telenor Announces 7 Tech Trends for 2018

Telenor Group Analysts Foresees the 7 tech trends of 2018 coming our way. Following are the seven tech trends.

1) Social Media Newsfeeds: Less social, more Media

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. 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.

2) People will Actually Read Online Terms & Conditions

In mid-2018, the EU will update the General Data Protection Regulation (GDPR) in several significant ways. Hear us out before we lose you because this is important: Customers of any digital service – all of us – are becoming the owners of the data that we produce when using these services. The regulation strengthens how that data is protected for all of us in the EU, aiming to give control back to us private users. It also changes how companies ask for your permission to use your data. Terms & Conditions must be reinvented so that consumers know what data they give away and for what purpose.

3) Artificial Intelligence and Deep Learning hit the mass market

Artificial Intelligence and especially Deep Learning, the ‘magic’ that is bringing us driverless cars and facial recognition, has been sitting solidly atop the hype curve over the last few years.

The technology will take on a wide range of industries, including health, energy, transport and telco. Those that succeed will do it through hard work, well understood use cases, ample training data and skills and knowledge to train models. Business failures will come from 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.

4) Blockchain – can it break out of its own cryptocurrency cradle?

Depends who you ask, but the problems are stacking up, and this year we may see blockchain technology struggle to break out of its cryptocurrency cradle. Blockchain is best known as the technology behind Bitcoin, a digital currency that doesn’t need a central governing body to guarantee transactions. One of the perks of blockchain is that it is, by design, resistant to modification. However, this also brings about the challenge of diversifying its practical applications: to create more varied and usable blockchain-based solutions, developers need to be able to modify it – to sort out bugs, upgrade technology and make widespread engineering decisions.

5) 2018 will augment your reality

Pokémon Go feels like years ago now, and Augmented Reality is ready to move on. Sandberg, Telenor analyst said that no mass market relaunch of Google’s AR glasses are on the immediate horizon, we should see a surge in the number of apps with AR in 2018. With its latest version of the iPhone operating system, Apple have 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 suddenly gets to be within reach for hundreds of thousands of iOS app developers. Expect to see navigation apps use the camera and superimpose your route on the image and games beyond Pokémon Go appear in an app store close to you.

6) Winter Olympics and virtualization kick off 5G

Sneak peeks at 5G in action come courtesy of the Winter Olympics in South Korea with increased use of network virtualization, availability of first 5G specifications and spectrum. In addition to seeing the development and testing of advanced technical features, we also expect to see real-life use cases demonstrated. We might see 5G-linked drone equipment follow ski jumpers through the air, views of the slopes from different 5G-connected vantage points for instance.

7) You’ll wear your wallet?

In 2018 a growing number of our devices become payment devices – car keys, vending machines, smart phones, connected cars, sports watches etc.  Artificial Intelligence and IoT will generate intelligent and personalized context-aware customer services, enabling more tailored solutions to 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. For the Asian Pacific region, we will see growth of IoT banking based services. In Europe, next year sees the introduction of the new Payment Service (PSD2) directive, which enables access to banks’ customer data for external actors such as fintech-startups.

Also Read: Google Reveals the List of 2017’s Top Trending Searches, Tech and many more