Technologies that will change the way we function

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What were mere fascinations years ago; have now materialized into solid technological necessities.

Technology has made our lives a lot easier than what they used to be a decade ago. Be it communication, travel, entertainment, or work, everything stands at the stretch of your hand now. So if you are pleased with the current tech scenario that prevails, then perhaps the future package will definitely let you out for a surprise. New technologies are emerging that are to replace the existing ones and change the way you carry out your day to day business for a more comforting future. Read on for technologies that will blow you away.

3-D Printing

3-D printing helps you print parts and materials practically at your own desktop. The technology is poised to explode and become as common as a Smartphone, thanks to falling prices in commodities. In the future, 50% of parts used in a jet engine could be manufactured by 3D printers.

E-cigarettes

The quote “Cigarette smoking is injurious to health,” is carried everywhere from the boxes containing tobacco products to the starting scenes once the theaters roll up curtains. The nicotine addicts try out many ways to combat their addiction like nicotine chewing gum and patches. This is where the technology steps in by offering battery-powered smokes that are ostensibly less toxic than regular cigarettes. They come in both disposable and reusable forms.

Genomics and Personalized Medicine

With advancements in the technology, people are inclining more on tweaking the genome make up to avoid dread full diseases like cancer or genetic disorders like Down’s Syndrome, or simply to have a strong progeny. The genomics market is already exploding, and sales could increase to $2.1 billion by 2015, compared with $700 million in 2005.

Mobile Payments

With a boom in the Smartphone market, in the near future, most of the population in the world will own a handset. Other than its multimedia and connectivity options, the geek gadgets are on the way to become a tool for making payments. With NFC (near field communication and Android Beam) the concept has already made its way into mainstream markets.

Oil to Gas Switching

Compressed natural gas (CNG) vehicles are already big in the Middle East. Many of the taxi fleets (or autos in India) have already swathed to gas instead of liquid fuel.

CNG vehicles will also continue to see robust growth around the globe excluding the US. The forecasting firm IHS estimates that global CNG is likely to grow from 0.9 percent of global auto production to 1.1 percent by 2020.

Over The Top Content

Streaming movies and music is on its way to bypass traditional networks and distributors. Start-up firms like Roku have sold 5 million boxes allowing consumers to stream web video right to their TV screen, while Netflix, Hulu, Amazon, and Google are making their own films and TV shows.

Streaming is already growing popular, pushing TV ratings down to 1.2 percent since 2010. Meanwhile, Netflix subscriptions grew nearly 70 percent during the same period. Fast internet, mobile devices, and the success of the earliest firms are driving the market’s growth.

The SaaS Opportunity

Software-as-a-Service (SaaS) is an Internet-based software delivery. Here the consumers can have an access to software that otherwise would have to be purchased. Google Apps, Microsoft 365 and Amazon web services are already providing SaaS services.

Solar Photovoltaics

Photovoltaics is a method of generating electrical power by converting solar radiation into direct current electricity using semiconductors that exhibit the photovoltaic effect. Photovoltaic power generation employs solar panels composed of a number of solar cells containing a photovoltaic material.

Software Defined Networking

Software-defined networking (SDN) is an approach to building computer networks that separates and abstracts elements of these systems. SDN allows system administrators to quickly provision network connections on the fly instead of manually configuring policies. SDN also simplifies IT networks by separating the Control Plane from the Data Plane.

From ITvoir News Desk/Darab Bakhshi

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