Most companies have been exploring how they can leverage AI to enhance customer experience and streamline their business operations. The trend will continue through 2020 and beyond, but deploying in-house AI-based systems will remain an expensive affair, leading to the rise of AI-as service platforms where businesses can pay for algorithms to providers and use their own data. Currently, Amazon Web Services (AWS), Microsoft Azure, Google Cloud, IBM Cloud and the likes of them provide AI as a service. In future, we can anticipate wider adoption and a growing number of providers that are likely to offer tailored applications and…

With an expected speed of up to 2.5 GB/s and latency range between 1-4 milliseconds, 5G networks will cover 40% of the World by 2024, handling 25% of all mobile data traffic. 5G mobile data was made available for the first time in 2019, but it was expensive and limited to a few major cities and selected areas. 2020 will see 5G becoming more affordable with improved coverage, making it accessible to everyone. The availability of super-fast and stable internet access anywhere hint at strong business implications for companies. The increased bandwidth will enable smart devices, robots, autonomous vehicles and other…

2020 marks the year over which the excitement and innovation in autonomous vehicles would build up. Elon Musk’s self-driving cars promise already made enthusiasts optimistic, especially after the successful testing of smart summon feature that allows Tesla cars to autonomously drive from a parking spot to the driver’s location (on private roads, such as a shopping mall lot). Other leaders in the automobile industry are also investing heavily in R&D- Ford, GE and Honda, to name a few. Breakthroughs in this space won’t be limited to cars but extend to trucking and shipping as well. IHS Markit estimates that there will be…