Major Technologies to Drive Innovation

We are getting closer and closer with artificial intelligence tools. Developments such as multi-cloud architectures and technologies, different network formats, advances in data transfer, and the spread of wearable technologies indicate that the virtual universe will differentiate in many ways. In today’s world, where countless technologies are listed, the main technologies that can break new ground in different sectors have already entered our lives in their current forms that we are familiar with today or that we can consider as the ancestors of their future versions. We have compiled the main technologies that will shape innovation in the future.

According to the predictions announced by Cisco: sustainability and responsible artificial intelligence, quantum cryptography in the field of security, multi-cloud architectures, edge clouds and the Internet of Things (IoT) are among the technologies that increase business efficiency and support sustainability. The common starting point of these technologies in carrying companies to the future is the topic that ranks first globally: “sustainability”.

In the near future, the world’s agenda will include issues such as problems in the supply chain; the climate crisis; epidemics that will continue to be discussed; drought; and developing qualities to reduce costs and increase efficiency instead of growth. For this reason, companies are turning towards innovative technologies and innovations that will contribute to the functioning within the framework of these issues that will gain more importance in the future.

With the power of nanotechnology and biotechnology innovations, the production of environmentally friendly new generation biomaterials will become widespread. As the materials that play a role in the raw material production part of the supply chain in reducing carbon emissions become more environmentally friendly and these products become more preferred in trade, manufacturers will avoid chemical products. It is possible to offer an organic alternative to the need for raw materials in different forms by composting organic wastes, decomposing them into their components by microorganisms and reusing them. In this direction, various studies contributing to the circular economy are ongoing. For example, “biocellulose” can be produced as an alternative to cellulose, which is frequently used in the supply chain. With the widespread use of this innovation, it is predicted that by creating an alternative to classical cellulose, the damage “equivalent to the loss of 10 billion hectares of forest per year caused by big brands” can be eliminated. With the combination of sustainable management of organic wastes and technological innovations, the years when wastes will turn into above-ground mines instead of garbage are at our doorstep.

Experts have announced that they predict that the metaverse will contribute approximately $5 trillion to the global economy by 2030. According to McKinsey, the market value of the metaverse will reach $5 trillion in 2023. According to Gartner, in 2026, more than 25 per cent of the world’s population will spend at least one hour a day in the metaverse universe. Along with the metaverse, Augmented Reality (AR) and Virtual Reality (VR) technologies will also develop directly, and it is predicted that the variety of products and services will increase in the tools used for the metaverse. Experts raise the problems of the widespread use of this technology in working environments, the transformation of the simplest interaction messages between individuals into mass communication messages, and it is underlined that providing a working environment in the metaverse universe means data stacks. While the debate on the future of this technology continues, innovations in the use of AR and VR are moving faster.

VR is having a rapidly growing impact on the global healthcare industry. It is stated that the global value of this industry will reach 1.2 billion dollars in 2024. As a result of the research announced in the UK last year, some positive effects of VR technology on human psychology were made pleasing statements. It was revealed that VR technology is effective in improving / reducing emotions such as pain and anxiety on people. It is also stated that the VR kit can increase the courage to act and the desire to interact with patients. When academic publications on psychiatric diseases for the last 10 years are analysed, it is stated that positive effects are revealed in the correlation of diseases grouped as neurodevelopmental disorders, anxiety / phobia, pain perception / sensation and other mental disorders with VR technology. On the other hand, in various studies such as virtual reality navigation tests and VR applications, various effects such as catching Alzheimer’s disease in the early stages / diagnosis / treatment / obtaining regression findings will shed light on the innovations that will emerge in the coming years.

According to Deloitte Global, last year’s $1.8 billion virtual production tools market is expected to reach $2.2 billion in 2023. Rapid developments in virtual productions continue. In addition, innovations that will revolutionize the cinema industry with real-time visual effects on film sets await us in the near future. With virtual productions, it will be possible to prepare the tools and techniques of these productions at more accessible costs over time. In this way, it will be easier for developments to transform the film and cinema industry and for dreams to offer endless visual feasts to the screen. Production times are expected to shorten and the post-production process is expected to meet with real-time computer-generated images and effects.