Feb 11 – 5 Key Stories From The Digital World

By February 11, 2019 Insight

1. Technology Trends In 2019, And The Potential Impacts On Customers

  • Digital transformation is the mother ship of technology trends. It spans across departments and technologies, designed to deliver real-time customer response and help companies stay competitive.
  • In Gartner’s 2019 Gartner CIO Agenda survey of more than 3,000 CIOs and IT leaders, results show a tipping point toward digital business initiatives, with 49% of chief information officers (CIOs) reporting that their companies have already changed their business models or are in the process of changing.
  • Gartner analysts forecasted that, by 2020, AI will create more jobs than it has taken. For example, while 1.8 million jobs will be lost to automation, 2.3 million will be created, especially in education, health care and the public sector.

2. McKinsey Report: How disruptive technologies are opening up innovative opportunities in services

  • By 2021, the Augmented Reality market will reach $108 billion
  • By taking advantage of IoT and real-time connectivity, companies can continuously monitor the health of individual assets and entire facilities to predict potential problems and manage demand.
  • By using sensor data and fleet telematics to track technicians’ schedules in real time, companies can add 20-30% to the working day.

3. SpaceX seeks FCC approval for up to 1M Starlink satellite earth stations

  • SpaceX plans to launch the first elements of the initial 4,425-satellite constellation this year, using Falcon 9 rockets.
  • Eventually, SpaceX wants to build up the network to take in as many as 12,000 satellites in low Earth orbit.
  • the Starlink project aims is to provide high-speed, reliable and affordable broadband data services to consumers in the U.S. and around the world, including an estimated 3.8 billion people who are underserved by existing networks.

4. How Blockchain Technology can help aid the Healthcare Industry 

  • Last year it was reported that NHS trusts lost almost 10,000 patient records in 2017…If patient data could be placed onto a blockchain within the hospital at the time of inception, then the data will be stored immediately.
  • it is nearly impossible to get a healthcare record from a hospital only 3 miles away…So the new hospital will have to perform all of the procedures again, which doubles up on the cost to the local healthcare system. By using the blockchain and enabling the tracking of this data you can give the data back to the patient. This can reduce costs in the healthcare system by up to 9%.
  • In 2018 it was reported that hackers are in possession of 140 million people’s personal data with medical records being the new trend…One of the ways blockchain technology can help resolve this is for an individual to own and control their own data.

5. Argentina’s State Public Transport Card SUBE Accepts Bitcoin

  • Alto Viaje, a platform for adding money to SUBE cards, has partnered with Bitex, which provides blockchain-driven financial services to businesses.
  • SUBE — that can be used to travel by train, bus and subway — is used by over seven million people in 37 locations in Argentina
  • The technology provider behind SUBE is Argentina’s Nacion Servicios S.A., a subsidiary of Banco de la Nación Argentina, the country’s national bank.