When man first conquered the moon, NASA was equipped with the most sophisticated computer equipment of its time to launch the first manned missions to space. There were tons of equipment occupying almost an entire office building of wires, circuit boards, and hardware to harness the technology.
Decades later, the same amount of technology multiplied dozens of times can be made to fit inside a regular smartphone. That is how technology has evolved since then and the same goes for microscopic to nano-technology.
Nowadays, automated and off-site managed service provider VA could run an entire software and hardware infrastructure for a business more advanced than the technology available in the early days of space missions.
As time goes by technology follows suit to make devices much smaller, yet more powerful.
Cloud storage and network capabilities
Portability and mobility is the name of the game. Cloud networks and services are one of the most promising technologies that changed the business landscape and those that have embraced it have gained a better advantage over competitors.
Goldman Sachs reported that cloud computing infrastructure systems have a compounded annual growth rate (CAGR) of 30% from 2013 to 2018, significantly higher compared to overall enterprise IT figures at 5%.
By the end of the year, 33% of companies have embraced cloud technology with 86% of companies spending a chunk of its IT budget on cloud-based services whether managed in-house or outsourced to cloud infrastructure providers.
The evolution of scale
Through cutting-edge wireless and nanotechnologies, scientists are a step closer to helping people with severe neurodegenerative diseases that affect vision.
Scientists from the Nanovision Biosciences Inc and the University of California, San Diego have developed an implant prototype with the ability to respond to light signals in the retina.
The high-resolution retinal prosthesis uses nanowires and wireless electronics that work in the same way as neurons in the retina, which was found successful with in vitro laboratory tests using lab rats. Researchers have developed the technology with the aim of helping those who are diagnosed with sight-affecting diseases like retinitis pigmentosa, macular degeneration, and diabetes complications.
Revolutionary indoor farming technology
The global indoor farming revolution has taken the concept of sustainable farming and food production to a whole new level. One should no longer be restricted to the idea of having acres of land to create a sustainable farm.
Technology has equipped farmers with the capability to produce food within a, enclosed facility and could even increase yield to meet demand. Modern indoor farms are capable of reducing crop wastage, pest-free organic crops, and high-yielding sustainable farming methods.
The technology is expected to grow at a CAGR of 20.8% between 2018 and 2022.