Intelligent Apps [New] 40% of DevOps teams will be using application and infrastructure monitoring apps that have integrated artificial intelligence for IT operations platforms by 2023. By 2025, at minimum 90% of new organization apps will embed synthetic intelligence. In the coming years, AI and blockchain are expected to become major players in the fintech market and provide even more innovation. With the innovation in veneers, and technology such as 3D printing and an aging baby boomer population, the cosmetic dentistry industry is expected to grow significantly over the coming years. Developing innovative ways to overcome our challenges will see us focus on areas such as remote and robotic technologies in the coming years and take advantage of innovation in other sectors such as space, oil and gas. Current and future lawyers must adapt to the changes in how the legal market is evolving with technology, innovation and pricing or they will become tomorrow's dinosaurs. Unfair Chinese competition in innovation industries has and will continue to negatively impact U.S. business R&D investment, in part as Chinese companies competing unfairly drive down margins for companies in the United States. In line with Japan, it is a three-step strategy for AI development, culminating in 2030 with becoming the world's leading centre for AI innovation. Energy Systems Catapult has published its report Innovating to Net Zero finding that Net Zero by 2050 is possible with support for innovation and scale-up across three essential areas - Low Carbon Technology, Land Use and Lifestyle. The Chinese government has developed a range of policies showing its commitment to the use of AI in healthcare, setting the goal of becoming a global innovation centre by 2030 and laying out recommendations for the use of AI to improve population health. Cyprus is laying a healthy FinTech foundation with the government's plan to double the expenditure on developing technologies and increase private contribution as part of the 2019-2023 national strategy on research and innovation. China is expected to see the biggest rise in payment innovation in the next five years, with 45% of Asian firms ranking it as the most likely source of future innovation, along with 40% of European firms. The government will ensure that the UK's tax system remains competitive and that the regulatory regime supports competition and innovation, along with improving business support and ensuring the UK becomes a 21st century exporting superpower. The US Department of Agriculture (USDA) will stimulate innovation so that American agriculture can achieve the goal of increasing production by 40 percent while cutting the environmental footprint of US agriculture in half by 2050. Urbanization will contribute to sustainable growth thereby increasing productivity, allowing innovation and improving lifestyle. 2020 is an election year in the U.S., so most companies will wait and see in terms of innovation due to the political uncertainties that come along with an election. Further research and innovation in agricultural soil carbon management could enable the removal of 100-200 million tons of carbon dioxide per year by 2050 in the United States. The insurance, transportation, and retail industries will either not exist in 20 years or will have changed completely due to artificial intelligence (AI), innovation, and other factors. The nascent space tourism and exploration sector is ripe for innovation - NASA will open up the International Space Station to private astronauts for the first time this year. Australian supermarkets could have checkout-free shopping in 10 years as innovation in retail technology and an increasing focus on costs quickly make the traditional purchasing experience redundant. The UK's commitment to reduce carbon emissions to net-zero by 2050 will affect market dynamics and innovation in all sorts of positive ways. The government and companies will have to work hard to plug any skills or funding shortages, in order to maintain the UK's position as a competitive global market for ICT investment and innovation. Banks will have to promote the innovation of open banking by allying with Fintech companies and using their data sets, in order to improve their existing products and take advantage of innovative products. See full forecast Last updated: 09 August 2020 Hi, Would you like a quick online demo of our service from an experienced member of our team? Yes No
