top technology trends that will change people’s lives in the new year

In recent years, Technology has permeated almost all aspects of our lives as we witness rapid digitization across sectors. India expands internet connectivity across rural and urban areas; India has made significant strides in its digital transformation journey with a growing number of digital services being produced and consumed.

for example, Data from the National Payments Corporation of India (NPCI) showed that Unified Payments Interface (UPI) transactions crossed a record 7 billion in October. Similarly, in the first half of this year, India’s IT and business services market grew 7.4% compared to 6.4% a year ago, according to International Data Corp. India’s growing base of 700 million active internet users is one of the lowest in the world. Data taxes and innovative business to consumer; The explosion of business-to-business and government-to-citizen services accounts for peak data usage at a staggering 17 GB per month.

The rollout of 5G has signaled the beginning of the next era in networking and connectivity technology. India’s data center capacity could more than double from 737 MW to 1,752 MW over the next two years, according to an Anarock-Binswager report in September.

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With these basic techniques; The past year has seen innovations enriching lives by accelerating digital inclusion on a population scale. By 2023, We expect that major technology trends will continue to create significant impacts on our lives.

Expanding AI innovations to transform key sectors.

Artificial intelligence (AI), a powerful driver of growth, is expected to add $967 billion to the Indian economy by 2035 and $450-500 billion to the country’s gross domestic product (GDP) by 2025. 10% is $5 trillion. GDP target. health care, banking and finance; Key sectors such as retail and automotive will double down on AI adoption. for example, AI is already integrated into diagnostic algorithms for diagnosing diseases ranging from cancer to cardiovascular disease.

We expect innovative AI frameworks like secure federated learning to revolutionize the healthcare sector by 2023. Acquiring a data silo dispersed across hospitals and health systems in different regions while complying with regulatory requirements is a significant challenge. The creation of AI-enabled health-tech solutions will be generated from a secure federated learning platform that will aid in data analysis. It will support patient data security and confidentiality where it is produced.

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Building a hyperconnected world with 5G.

The launch of 5G services in India is a defining moment for both the domestic and global 5G market. It is estimated to contribute 2% to India’s GDP by 2030, amounting to about $180 billion. 5G is a critical enabler for digital inclusion and will level the playing field to promote an inclusive future. greater bandwidth; Ultra-low latency and faster connectivity will revolutionize businesses and improve everyday experiences.

multiple sensors; 5G will enable the development of massive Internet of Things (IoT) and Edge ecosystems for real-time data distribution and analysis; changing power supplies; smart city functions; e-health; routing systems; and permanently connected cars.

With the advent of 5G, the focus will gain momentum to unlock more than 630,000 villages in rural India. Access to broadband connectivity can transform rural communities—young people can use online career training to upskill and improve their employability; Farmers can benefit from technologies to improve yields; Artisans and small entrepreneurs can access huge markets in India through e-commerce. and finance.

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Digital innovations will continue to accelerate.

The pace of digitization is unparalleled, generating exponential amounts of data every day. This data is sensitive; calculation pervasive connectivity; There are five forces that complement Cloud-to-Edge infrastructure and AI. As these five superpowers become more ubiquitous, They open up powerful new possibilities. All of these things will continue to drive innovations that enable semiconductor-enabled innovations to scale businesses.

As a fast growing economy, India is experiencing tremendous growth due to technology. The opportunity for the tech ecosystem is to innovate by focusing on developing and scaling core technologies that are accessible to all citizens. Continuous inclusive growth truly proves the purpose of technology. To double India’s GDP and have a trillion-dollar digital economy must support growth for all in this ambitious journey.

Nivruti Rai is the Country Head of Intel India and Vice President of Intel Foundry Services.

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