Tuesday, June 30, 2009

Future technology trends and associated oopurtuinities

Just few moment back, i thought, i should write something, although i am totally unaware of the actual thought in my mind, it’s just some incomplete picture. Let me make some concrete shape out of it.

I was just thinking, where we would be 20 year down the line. What would be the face of technology, how will it impact us (technocrats) and common man. To be more precise, what would be the major consumer needs, where we can invest our present, so that we can have good return in future.

Some of the areas in my minds are:

1) Energy sector (Traditional means of energy may exhaust, oil/coal etc)
2) Water management
3) Food security (Some tool or automatic computerized system to improve actual yield from agricultural lands etc)
4) Weather forecasting, flood, rescue management etc. because i guess natural clematis going to be more than ever before. We have to have some solid system in place to deal with it.
5) Robotics and AI

So the question is: Is there any way by which we can put our technical skills and make some break through out of it.

Well, some other more common area could be:

1) Virtual office
2) Online matrimonial services(Trend will further boost up, as in future traditional system are going to break, finding suitable partner will going to be even more tough. So I guess its going to be a big business)
3) Online entertainment & dating sites. (No porn please, I am not talking about porn. But I guess people will get to feel more lonely in future, they need some good way of making there life full of amazement, nobody like to get feel bore)
4) Online crime going to be more frequent and challenging. So to handle them we need some sort of social profiling/auditing to control crime. (By statical analysis of internet footprints). I guess government will require these soft wares.
5) More touch and feel computer systems
6) Robotics in obvious sense, but this is in itself a huge field, i can't just imagine, in the process of making human out of machine, the transformation process itself take huge amount research and every piece of research in itself will consist of lot of opportunities.


Ohh, why i am talking big and tough things, thank god India is still not that much computerized, ample opportunity is available.

Lets me list down few opportunity, what is just coming into my mind
1) Software for retail sector. We have million+ shops in India, hardly computerized.
2) Supply chain management
3) Education/Training
4) Out sourcing for mid and small organization.
Now i guess it tough for small organization to outsource; only big organizations are able to outsource and cut the cost. If some automatic system for BPO can be placed, I guess it will benefit small and mid size customers a lot.
For example: ebay provide online platform for sell-purchase of goods. I am talking about sell-purchase of services, to be more precise authenticated software services.

Well, i think we can also learn from the past as well, do some failed idea of past make sense in present? Or there is anything good in past that we miss and technology can surface that. I guess we all can think about it?