by Nikola Sekulic on October 13, 2022
In this tech-driven day and age, we rely on continuous technological advancement to elevate our quality of life in the public sector, take industries forward in the private sector, and push towards new governmental incentives that will benefit humanity as a whole. Together, all of these sectors are driven by the need for more sophisticated tech solutions, bringing innovation to various fields and industries.
With the rapid expansion of the deep tech and big data sectors, innovation currently takes place in every field, from computer science and business intelligence, all the way to healthcare and medicine, agriculture, infrastructure, and beyond. Without a doubt, these technologies are transforming our modern way of life, building a world in which we can look towards a sustainable future for the next generation.
Let’s take a look at how deep tech and big data are transforming the world, and examine some of the most innovative sectors that are making the future possible.
The flourishing of the agri-tech sector
Sustainable agriculture has been a pressing issue for decades, driven by the rapid and exponential rise in world population and the overconsumption of food sources by an ever-growing population pool. This problem has been widely exacerbated by populous urban centers that tend to drain the agricultural resources of entire regions.
Add to that crop failures, livestock sickness, or any other devastating problems that can affect the agriculture sector, and you can understand the need for deep tech to propose cutting-edge solutions. That’s exactly what is happening today with the innovative startups in the agri-tech sector that aim to develop science and tech-based solutions for sustainable farming across the board, regardless of the season, weather conditions, or other external factors.
With the help of artificial intelligence and deep learning models, these startups develop sustainable, mass-produced vertical crops, produce stronger and more resilient crop yields, and minimize water and land consumption for livestock – which reduces carbon emissions and safeguards the environment.
Leading the way in bio-medicine
The healthcare sector, along with medicine and med-tech, has been a primary advocate for the rapid development and implementation of deep tech and big data solutions in recent years, because these sectors need robust and advanced technology to minimize financial waste while maximizing the level of service they bring to modern patients.
With deep tech, these sectors can bring advanced solutions and most importantly, personalized healthcare and treatment to a higher number of patients than ever before. From greater connectivity and cloud-based operations with a desktop-as-a-service solution to support telehealth, all the way to biotech companies that develop bio-active coatings for medical implants to ensure maximum compatibility with the host, deep tech is empowering the healthcare sector – as well as patients from all over the world – in many ways.
Most importantly, however, deep tech – along with better data analytics – allows startups and med-tech companies to make healthcare and medication more accessible to third-world countries.
Blockchain as a transformative deep technology
A well-known technology, the blockchain began by disrupting the global financial sector, but it has quickly expanded into many key industries around the world. The power of the blockchain to shift the paradigm and inspire startups to use various ICOs and blockchain platforms to develop truly transformative solutions has now shown itself in healthcare, finance, entertainment, online security, and many more arenas.
That said, the true potential of the blockchain is yet to be discovered, as new startups and investors entering the scene are constantly innovating and developing new, specialized solutions. For example, blockchain-based applications are making complete patient privacy and data security realities in the healthcare sector. These applications can also identify crucial mistakes in reporting and data analysis, potentially saving lives.
In finance, blockchain applications can make banks obsolete with faster transaction times, no transaction fees, and complete peer-to-peer security and anonymity.
Data science and BI with big data analysis
Some of the most important and transformative big data trends include innovations in business intelligence (BI) and data science for companies as well as researchers and government bodies around the world. Big data analysis requires artificial intelligence and machine learning systems to collect and collate vast amounts of data, allowing businesses and government organizations to extract valuable insights and reports.
These insights serve several key purposes, driving product innovation forward, enhancing decision-making capabilities, and improving business intelligence in the deep tech sector to allow startups to streamline their processes. One such example would be serverless architecture. There are new serverless trends pooping out on a yearly basis and some companies are following trends like this closely. This results in a faster time to market for companies and helps create solutions tailor-made for the needs of the market and changing consumer trends.
The race towards at-scale quantum computing
Lastly, quantum computing is not set to become available in the mainstream before the start of the next decade, but even now we are making great strides in creating quantum computing solutions for the new age. Leveraging the unique properties of matter on a nanoscale, quantum computing models aim to resolve computational problems at speeds that are orders of magnitude faster than what modern computers are capable of.
In a very practical sense, this means that a quantum computer would be able to complete an operation in a fraction of the time it would take a modern computer. Needless to say, this will drive digital transformation forward in all sectors. The possibilities of quantum computers to reshape our world are virtually endless. When this technology enters the mainstream in the next ten to fifteen years, humanity will start entering the next stage of its evolution.
Over to you
Advanced technologies like artificial intelligence, deep learning, and deep tech, as well as big data analysis, are taking the world forward in every industry and sector imaginable. Without a doubt, this helps create a sustainable future for the generations to come, and allows us to transform the way we live, work, and interact with the world around us.
Be sure to keep an eye on these industries and tech applications as they develop, and consider leveraging new technologies to take your business forward in an ever-changing technological landscape.
Collected at: https://datafloq.com/read/deep-tech-big-data-transforming-life/
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