McKinsey is a global consulting firm, and its tech trends influence large numbers of decision-makers worldwide. McKinsey’s chart shows that AI and applied artificial intelligence are among the most important technologies of the future. These technologies have high innovation scores, interest scores, and investment levels.
Biological and Information Technologies
Biological and information technologies are among the latest technologies to emerge, according to McKinsey’s latest technology trends report. These technologies can be used in a variety of applications, from flexible electronics to gene-therapy. These emerging technologies can also help to address environmental risks and concerns, such as climate change.
Industrializing Machine Learning
Industrializing machine learning (ML) is one of the latest technology trends, according to the latest McKinsey Technology Trends Outlook 2022. It is expected to help companies improve their operations by reducing production time by up to 90 percent. It is also expected to benefit industries such as finance, healthcare, telecommunications, aerospace, and pharmaceuticals. However, the technology is still in its infancy. McKinsey experts have expressed concerns about its ethical use.
Future of Sustainable Consumption
Sustainable consumption is an emerging trend that is becoming increasingly important for companies and consumers. This trend is being driven by younger generations and companies that are trying to reduce carbon emissions.
5G Networks
McKinsey says that 5G networks could generate $1.2 trillion or more to the global economy by 2030. The key to capturing this value is access to high-speed networks with low latency. These technologies will improve transportation, banking systems, remote health, agriculture, and more.
IoT Sensors
The IoT (Internet of Things) is the combination of digital and physical technologies. This new trend is gaining momentum in the business world as digital technologies are embedded in buildings, cars, and other physical objects that are connected to a computer. McKinsey’s latest research reveals some surprising results.
Quantum Computing
Quantum computing is a hot topic these days, and is one of the hottest emerging technologies. The technology has huge potential to reshape industries and spark digital investment. It won’t make or break businesses in the near term, but understanding how it works is crucial for positioning your business for the benefits it can bring in the next decade.