Technology has long been a winning investment sector. In recent times there has been a wealth of new technology and attempts by entrepreneurs and businesspeople around the globe to benefit from these new and emerging technology sectors.
These sectors are growing and currently provide for a huge number of opportunities for both employment, career development and entrepreneurial choices. They are discussed in brief in this article to provide an introduction and insight into the most current and up to date technology-based opportunities.
Virtual Reality and Augmented reality now present some of the best technology opportunities and are at the forefront of a myriad of emerging innovation companies. Virtual reality is allowing people to work closer together than ever before, facilitating the movement of information in real time and has created the biggest growth in media and entertainment that we have ever seen. It is an industrial sector that now impacts most businesses and, therefore, presents a great opportunity for technology investment and business. Businesses thus look to either use VR in their own business or to develop the technology further for a range of other uses and applications. Both will provide a great opportunity for business growth.
AI and automation
Artificial intelligence and the ability to automate can provide for a higher quality of production and lower labor costs, and as such it is being implemented and considered for most industries out there. No matter the industry or sector you can include artificial intelligence and AI in some way, and in fact must include it if you are to create a sustainable and profitable business. Automation and AI is arguably the only way that the global economy will be able to fight against the fall in worldwide productivity and the reduction of certain labor markets in the developing world. The ability to automate repetitive and dangerous work has become commonplace and is now at the forefront of many industrial developments, as work can be made safer and more accurate when run and performed by a computer.
Space exploration and research and development in the sector presents a ‘blue ocean’ opportunity and as such has seen the rise of investment in this arena. Whether it’s the technology being designed and used to reach space or the technology developments to make life in space a possibility, the sector as a whole is brimming with possibility and opportunity. Furthermore, space industry jobs provide a massive frontier of research and development and entrepreneurial opportunity. It may have been a sector dominated by the major players such as the Chinese, Russians and Americans, but there are now over 90 other countries involved in space and as such opportunity abounds in the sector.
These are the sectors of technology development that have seen immense growth, and as such will provide for business opportunity, investment and further technology development. Technology has always presented as one of the best business sectors to be in and has always provided a sense of cutting-edge opportunities, these sectors discussed above are those that will arguably be at the forefront of all industry in the near future.