Tech Advances: What Does the Future Hold?

After years of investing in the latest digital innovations, attempting to stay ahead of the technological curve, businesses both large and small are finding that even the most advanced equipment and tools have now become the norm and the technological playing field is rapidly evening out. So what will the post digital age look like as companies reach for the next competitive edge? Experts say there is plenty on the horizon.

“There are so many different areas to watch as newer technologies are gaining speed,” explained Mike Bloomfield, president geek at Tekie Geek in Eltingville. “I think we’re going to see a lot of major breakthroughs in the next few years.”

According to a new Technology Vision report from Accenture, a Fortune Global 500 professional services company that provides services in strategy, consulting, digital, technology and operations, four technologies, abbreviated to DARQ, will be the catalysts for change in the post-digital era: Distributed ledger technology (such as blockchain), Artificial Intelligence (AI), Extended Reality (including virtual and augmented reality), and Quantum computing are already starting to help businesses thrive.

“The overall architecture of the computer has been the same for 40 plus years,” Bloomfield said. “Yes, we’ve been able to make it run faster, but it has basically been working the same way for decades. That’s why mainstream quantum computing is such a major breakthrough.”

Quantum computing, which exploits features of quantum mechanics called quantum superposition and quantum entanglement, representing data using qubits, not ones and zeroes as classical or ordinary computers do, solves problems almost instantly.

The downside? Business owners need to be mindful of their processing power and security.

“It might take a regular computer years to crack a password but a quantum computer can do it in seconds,” Bloomfield reported. “So there is big talk currently happening among security advocates and professionals about the next steps in authentication. Passwords will most likely become obsolete as access control measures like biometrics and retinal scanning become the new norm.”

And security measures like SD-WAN, software-defined wide-area network, which connects enterprise networks including branch offices and data centers over large geographic distances, are being employed now.

“SD-WAN technology gives you the ability to shape and protect your internet traffic; it’s a big security benefit that we’ve been recently implementing,” Bloomfield said. “There’s a decent cost to it but it’s a better form of protecting your network.”

According to other IT experts, it’s just one of the advances to watch for.

“I think the growth of Blockchain technology is something to watch for in the near future,” explained Mike Montalbano, owner of Team Logic IT in Dongan Hills. “We may know that it is the technology behind crypto currencies, but what uses does it have that can help us in the future? Payment processing? Money transfers? Digital voting? Real estate, land title transfers? Medical record keeping? Weapons tracking? The list is endless and I am very curious to see how it plays out.”