Technology has become a game changer. Realizing the fact that it is not possible to get progress in any industry without the adoption of advanced and latest technologies, most industries and businesses have started the digital transformation journey. Especially in Pakistan, we can see that both small and large industries are adopting the latest tech trends for better output in order to compete in the international market.
Realizing the fact that it is impossible to progress in any industry without the adoption of advanced and latest technologies, most industries and businesses have started the digital transformation journey
Many new and unique ideas are finding their way into real and useful technologies. Moreover, there is no chance of slowing down technology’s expansion and growth any time soon. In most Pakistani industries, these modern technologies have reshaped the operations and performance.
Latest Tech Trends to Impact Pakistani Industries
By adequately leveraging the power of modern technology, the industries can reform, accelerating growth, help to reduce poverty, improve healthcare and education, and drive sustainable economic progression. Here are some of the key tech trends that are changing the industrial scene in Pakistan.
Artificial intelligence (AI)
Artificial intelligence aims to create intelligent machines and has become an essential part of the fourth industrial revolution. There is a lot of excitement about artificial intelligence and its development. No doubt, AI is still in its early stages of development, but it has already found its way into industries and companies.
Presently, we have observed that AI is entering in almost all spheres of business ranging from chatbot features to AI-powered legal transcription services. Now we may see its practical uses in industries, like healthcare, manufacturing, education, and others.
By adequately leveraging the power of modern technology, industries can reform, accelerate growth, help reduce poverty, improve healthcare & education, and drive sustainable economic progression
Due to machine learning, deep learning and natural recognition capabilities, AI is the fastest adopted technology and can be used by various industries both large and small. AI trend is going to affect business and drive innovation through industries for years to come, because of its limitless potential.
Pakistani Government is also aware of the importance of Artificial intelligence, so it has started PIAIC, to train student and enable them to grasp AI and Machine Learning but still, a lot more needs to be done. The private sector is also making progress in introducing AI in Pakistan; a bot, named RUBA — Real Urdu Bot Automation has been designed by C-Square in collaboration with Genesys. RUBA is a Siri-styled virtual voice-enabled personal assistant. The bot is able to interact with the user in Urdu and respond in Urdu while carrying simple tasks from checking your bank account balance to sending a text message on your behalf.
Real Urdu Bot Automation has been designed by C-Square in collaboration with Genesys. Whereas, RUBA is a Siri-styled virtual voice-enabled personal assistant
The internet of things (IoT)
At present, there is an increased demand for more devices and connectivity globally. This new trend has already begun to affect modern business, and we can see that it will continue to do so in the coming years. The demand for more IoT devices is increasing due to its unique performance. The smart devices and gadgets are becoming a standard for consumers as well as for businesses slowly and gradually. The perfect example of IoT is Devices that include Amazon’s Alexa, Echo, Google’s Assistant, and some others, which are very famous among users nowadays.
The Internet of Things is the idea that all technological devices can be connected to the internet and each other in an attempt to create the perfect marriage between the physical and digital worlds. How will this impact various industries? It depends on the nature of every industry. For example, in marketing, advertising, media or business management, IOT could provide a wealth of information on how consumers engage with products by tracking their interactions with digital devices. In turn, this data could be used to optimize marketing campaigns and user experiences.
There are some major IoT based projects being funded by Ignite such as Xbits, CricFlex, Innovative Digital Curriculum for Science Education, in-hospital and Energy Watch
Currently, in Pakistan, there are some major IoT based projects being funded by Ignite, like Xbits, CricFlex, Innovative Digital Curriculum for Science Education, in-hospital and Energy watch. With the increasing demand for IoT products, Pakistan has an opportunity to capitalize on this trend. The big industrialists can collaborate with the young tech entrepreneurs to revamp their industry and improve their efficiency a million times more.
Nowadays, the usage of the digital world is increasing. Customers and businesses are quite active on various social platforms. However, at the same time, they are not as safe as today the risks of cyber-attacks are greater than ever. This issue has led to increased awareness about cybersecurity and highlighted that there is a need for proper security measures for both businesses and individuals.
In the coming years, the demand for cybersecurity will be increased, and the trend will affect everyone. No doubt, all those businesses that operate online must both protect themselves and their customers from the risks of cyber-attacks. Furthermore, consumers will be more careful while dealing with businesses and will most likely prefer those companies having proper security.
The attacks by Indian hackers on Pakistani websites and recent banking sector debacle have called for prompt attention to strengthen the cyberspace in the country
The attacks by Indian hackers on Pakistani websites and recent banking fiasco has called for prompt attention to strengthen the cyberspace in the country. Pakistan has launched its first ever Cyber Security Centre at Air University, Islamabad to protect the country’s cyberspace, economy, and infrastructure from cyber-attacks.
Augmented and Virtual Reality
AR and VR are likely to affect companies across the board as they adopt the technology to help them engage customers more effectively and optimize their sales and marketing efforts. It’s also a potentially useful tool for learning and is increasingly being adopted by educational organizations.
AR and VR technologies are already available for consumer experiences, like retail and real estate
AR and VR technologies are already available for consumer experiences, like retail and real estate. AR and VR, in particular, can be used in various industries, that include manufacturing, healthcare, and medicine, as well as in commerce businesses.
We can see the continuous development of these technologies, and this trend will affect even more industries and companies in the coming years. However, in Pakistan augmented reality is a relatively new concept but major telecom and media hubs are starting to introduce it to their consumers in entertaining and user-friendly ways.
Nowadays, a number of Cloud-computing has already entered too many companies and numerous companies are opting for cloud-based solutions. This new technology trend is becoming more important each year, and will eventually become a standard for modern organizations in the coming years.
In the coming years, no industry will go untouched by modern technology trends that have the potential to revolutionize the industrial sector is phenomenal. Therefore, Pakistan needs to take steps in the right direction to fulfill its digital dream
Cloud is presenting unique opportunities for businesses to store files, leverage external resources, including hardware and software, as well as large scale opportunities based on current needs among other things.
We can see its influence on businesses to a great extent in the near future as it helps to improve business efficiency, performance, scalability, and effectiveness. Moreover, it will also help them to become more cost-efficient. Cloud computing is providing more security and reliability to businesses than other solutions, which makes it highly demanded, therefore, Cloud-based tech trends will most likely continue to affect businesses in the future as their benefits cannot be ignored.
Exciting times have stared where technology trends will affect all the industries and improve their efficiency. In the coming years, no industry will go untouched by these technologies as their potential to revolutionize the industrial sector is phenomenal. Therefore, Pakistan needs to take the steps in the right direction to fulfill its digital dream.