Emerging Tech Clusters in Financial Services

WEF explores how emerging technology clusters are changing the financial services industry. Artificial Intelligence, Internet of Things, Cloud Computing and 5G Wireless offer new opportunities. Here are three ways in which we will begin to experience the effects of these technology clusters.
Gartner Hype Cycle for Emerging Technologies, 2020
“The composable enterprise has four core principles: Modularity, efficiency, continuous improvement and adaptive innovation. Although many organizations apply these principles in a piecemeal fashion, a composable enterprise applies all four across all parts of its organization — from business models to how employees work.”
via Gartner
The Top 10 Emerging Technologies of 2019
Which of today’s technologies will shape tomorrow’s world? A new report compiled by the World Economic Forum reveals some of the breakthrough innovations that are expected to radically impact the global social and economic order.
Worldwide Semiconductor Revenue Outlook for 2019
After three consecutive years of growth, with year-over-year growth of 13.2% in 2018, IDC now forecasts that worldwide semiconductor revenue will decline to $440 billion in 2019 — that’s down 7.2% from $474 billion in 2018.
via IDC
Applications for Robotics Technology Gains Momentum
Over $500 million was invested into commercial and consumer health robotics, while close to $500 million went to autonomous mobile robots specifically designed to function outdoors, a major expansion on the increasing popularity of Automated Mobile Robots (AMRs) in indoor locations like warehouses.
Artificial Morality: How to Teach Robots Right from Wrong
Producing a ‘good samaritan robot’ could mean finally defining what humans have failed to agree on for millennia – how to define morality. Based on our experiences in machine learning, we believe there are three ways to begin designing more ethically aligned machines.
Source: World Economic Forum
Exploring Top Smart City Projects in the United States
Smart City projects have gained momentum over the last decade, as more municipalities across North American have launched a wide variety of digital transformation initiatives. That said, some cities have achieved significant outcomes that enable them to improve services for citizens.
Source: Digital Lifescapes
Why More American Workers Need Digital Technology Skills
“Fifty-five percent of Americans with a college degree or more say technology will make overall employment better, compared with 45 percent of those with a high-school diploma or less.”
Source: McKinsey & Company
$800 Million Invested in AR and VR Technology in Q2 2017
Augmented Reality and Virtual Reality dealmakers invested over $800 million dollars in Q2 2017, after a quieter first quarter. This rounded out over $2 billion invested across 27 AR/VR sectors in the last 12 months.
Source: Digi-Capital
How Innovation Accelerators will Drive Global ICT Growth
Emerging technologies, such as IoT, Robotics, and Augmented Reality or Virtual Reality (AR/VR), will drive the next wave of growth in the information and communications technology (ICT) industry, increasing the overall opportunity to $5.5 trillion by 2020, according to IDC.
Source: Digital Lifescapes
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