6 technologies that revolutionized the last decade

14/12/2019

The AI, the cloud, machine learning, smartphones were some of the technologies that reigned in the last decade.

Here are the six trends that marked these ten years and from which an even greater upturn is expected.
Here are the six trends that marked these ten years and from which an even greater upturn is expected.

Artificial Intelligence

AI is potentialized by the proliferation of data-generating devices such as computers and smartphones. According to Dell, more than 5 trillion bytes of data are generated worldwide in a single day.

Artificial Intelligence works on the basis of data collected and analyzed and converted into valuable information so that services can be improved, business models reinvented, and information search and management facilitated.

The British Embassy in Mexico published this year a report in which it points out that the potential of social applications of AI in Mexico, including uses in health and education, could help improve services for 80% of Mexicans with lower incomes. It also indicates that 19% of jobs in the country, about 9.8 million, will be affected by process automation in the coming decades, being the manufacturing and construction sectors the most affected.

The cloud

Cloud services or cloud computing had a boom thanks to companies such as Google so that users do not have to store software or save data locally, but on the network. This advance allows access to data and programs regardless of where in the world the user is and from any device.

Companies focused on industries such as retail, healthcare, manufacturing, services, and telecommunications rose to this trend during the decade. Companies like Yalo, Coppel, and Natura, Ferrari, Walmart, and Macy's already using this type of technology to transform their businesses.

According to IDC data, in 2019 alone cloud storage grew to 37% in the country.

Smartphones

The least we can do is make phone calls. The improvement of phones and applications allows users to have in hand a device that takes photographs of very good quality, the bank almost immediately, look for an address and the best route to get there and countless other things.

According to the most recent INEGI survey regarding the use of cell phones, in the country, 73.5% of the population aged six years or older used a phone and eight out of ten had a smartphone that allowed them to connect to the Internet.

Of the 45.5 million mobile users who installed apps, 89.5% were instant messaging, 81.2% social networks, 71.9% audio and video content apps and 18.1% to access mobile banking.

Video game consoles

The video game market in the country is very large. According to a report by Gamexpress, responsible for the distribution and marketing of video games, says it is valued at about $10 billion pesos.

Of the 35 million homes in Mexico, 20% have a last-generation console -PlayStation 4, Xbox One or Nintendo Switch- and the average age of players in the country is 38 years, spending between 90 to 120 minutes a day to play.

But this industry is on the verge of transformation. The entry of players like Google and Apple with their gaming services can monopolize a portion of the $138 billion dollars raised by the sector worldwide in 2018, according to Statista.

Streaming music and video

Although Spotify was created in the last decade, it was during these years that millions of music titles were added to this type of service allowing you to listen to music either with a free model with advertising interruptions or through a monthly subscription. Seeing the popularity of this type of service, the apple company entered the ring with Apple Music in 2015 offering exclusive content.

In the U.S. alone, revenues in the first six months of the year grew 26%, according to the Recording Industry Association of America, and this generated revenues of $4.3 billion, representing approximately 80% of the music industry's overall revenues.

5G

5G connectivity is one of the breakthroughs in which several companies such as Huawei, Nokia, AT&T, and Qualcomm are working and which is posited as a high-speed path for data and connectivity.

While the benefits are many, it still raises questions about the costs and timing of a possible arrival in the country. According to Germán Ortiz, industry and technology leader at Deloitte, this network will be available in the country by 2025.

Source: Tec Review