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S E V E N T E C H N O L O G I E S R E M A K I N G T H E W O R L D -…

- - - - Pervasive computing produces new forms of commerce by generating information companies can use to create value across a variety of products, services, and assets.
        
        Pervasive computing can also enable companies to vault the barriers that once separated functions such as design, manufacturing, and selling.
- - - - In commerce, WMN is transforming supply chain management. The previously passive RFID (radio-frequency identification) tag is now an active device that enables the remote tracking of products, people, and transportation assets.
        
        In the future, WMN-equipped vehicles, drones, and devices will extend our geographic reach, increase access to information content, and expand business capabilities far beyond current network technologies.
- - - - In commerce, biotechnology is the basis for a new form of authentication: bio-identification, also known as biometrics. Rather than keys, passwords, credit cards, and codes, biomarkers such as retinas, fingerprints, and voice are the new gateway to information access and commerce.
        
        Biomarkers will spawn industries of new products and services that are individually customized, and they will pose fundamental privacy challenges. Biometrics and bioinformatics (aspects of big data discussed shortly) will radically transform what we know and do not know about ourselves and our social communities.
- - - - 3D printing will transform the realm of commerce. Customers will become intimately involved in product design and finished goods manufacturing. Value will shift from finishedgoods to the digital representations of goods.
        
        In the realm of health care, 3D printing is being used to create custom casts, custom replacements for bone, and other structural prosthetics.
        
        3D printing has many applications in the realm of learning. Most important, the technology allows us to visualize and experience objects as they are being designed.
- - - - AI is the programming and algorithms that allow digital devices to access, combine, and share data to learn, explain, and forecast events, processes, and trends.
        
        Data and the ability to access, organize, interpret, and distribute it is the lifeblood of the modern company. But today, data is bigger than ever before. It is sourced from inside and outside the boundaries of the company.
        
        In fully developing the machine learning capabilities of their companies, corporate leaders need to expand their analytical range from monitoring and control (operational analytics)to
        forecasting and planning (strategic analytics).
        
        The full promise of machine learning is its ability to be a new and collaborative source for decision-makers in addressing complex chains of cause and effect, as well as rendering a potential solution set of traditional and novel paths for moving forward.
        
        Big data and analytics are rapidly eclipsing other sources of value in the realm of commerce. Businesses have used data to build profiles of buying habits, prices, and other retail contexts to better target products to consumers.
- - - - With nanotechnology, all sorts of media and materials that have had no information processing and delivery capabilities can become new portals of commerce and communication.
        
        In the realm of commerce, nanotechnology is already producing a huge wave of new product development. Nanomaterials are used in a range of products from golf balls to gaming consoles, imbuing these products with previously unattainable capabilities. Golf balls treated with nanomaterials fly straighter by channeling the energy from the club head to correct for mishits and drift.