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How AI, IoT, VR, Blockchain and Modern Tech Are Rewriting the Future of Work

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How AI, IoT, VR, Blockchain and Modern Tech Are Rewriting the Future of Work

Artificial intelligence, internet of things, blockchain, virtual reality and modern tech are rewriting the future of work continuously. 

Are we really moving towards a future that will make our workplaces way more efficient?

Before technology started rewriting the future of work, all types of work in various enterprises was handled manually. Employees worked hard for long hours, and this was considered the most important work ethic. But technology has brought about substantial changes in the ways traditional workplaces have operated. For example, in banking, most transactions and operations were handled manually by the employees. With the rise of technology, most banking operations and services are now taken care of online and provide a more streamlined experience for employees as well the customers.

Modern technology is getting advanced on a daily basis and applying different technologies is making our lives simpler. Modern technologies like artificial intelligence, machine learning, and IoT, are rewriting the future of work. Industries are now witnessing a cultural shift in the workplace. Besides working hard, we have started believing in working smarting too. Every employer wants to ensure that their employees make optimum use of their time at work to produce commendable results. Workplaces have become more organized, time effective, and offer better communication with the help of modern technology, today.

Types of Technologies Used in the Workplace

The discoveries made in the world of technology are continuously rewriting the future of work to make workplaces more efficient. The different types of technologies used in workspaces include:

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Cloud Services

Cloud services enable users to store documents and projects and share them with other employees and clients. Cloud services help projects to integrate with other applications on the Internet. Multiple members can access any project, and the progress of the project can be tracked in real time. Cloud services ensure real-time collaboration and project management over the Internet to increase productivity across the board.

Artificial Intelligence

According to Accenture, the adoption of AI will increase labor productivity, which can double the rate of growth of the economy in 2035. Artificial intelligence is rewriting the future of work by taking over the small but time-consuming tasks. In the workspace, employees can benefit from AI by handing over multiple tasks such as synchronizing calendars, to the machines. Google uses artificial intelligence in Gmail, for instance, to sort emails under numerous sections like primary, social, promos, updates, and many others. Sorting the inbox makes the emails look more organized, which ensures that Gmail remains user-friendly. Artificial intelligence is also used in Google Calendar, where the application automatically notifies the user about events. Chatbots are another application of artificial intelligence, which is extensively used for customer support. Chatbots are used to answer customer queries and to provide a better experience on social media marketplaces.

Machine Learning

Machine learning is used in the finance industry to understand financial market trends. Applications that use machine learning help in calculating financial risks and planning for the changing market. The retail sector, on the other hand, uses machine learning for recommendations when you make an online purchase.

Internet of Things (IoT)

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IoT connects everyday objects and applications to the Internet for sending and receiving data. Workplaces can use IoT, for instance, to track empty conference rooms for the optimal use of employees’ time. Unlocking the full potential of IoT can be used for rewriting the future of work, by connecting various devices to one centralized system that would enable management of every operation in the workplace.

Virtual Reality

When virtual reality came into existence, gaming and entertainment were the only sectors dominated by the technology. But, soon after NASA started training their recruits with the help of virtual reality, various businesses started following with their own training programs. Now, many businesses have training programs for new employees that extensively use virtual reality. Sooner or later, our video conferences calls will take advantage of virtual reality to provide a more immersive experience.

Blockchain

Since the dawn of Bitcoin, multiple organizations have shown interest in blockchain technology. Specifically, organizations intend to create their own economy using their unique crypto-tokens. If major organizations adopt cryptocurrencies, the wages and other transactions in their workplaces will be handled using blockchain technology. Moreover, workplaces also aim to use blockchain for recordkeeping, which raises concerns about fraud and corruption, when handled manually. But, with blockchain, all records of the employees, contracts, and transactions, can be more transparent.

Benefits of Using Modern Technology at Work

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Efficiency

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The most significant benefit of introducing modern technology to the workspace is efficiency. Today, workplaces can handle multiple tasks simultaneously with the help of modern technology. For example, multiple major banks across the globe are using AI to stop money laundering by recognizing different patterns and activities that money launderers carry out. Similarly, other modern technologies are used to handle various tasks and speed up the operations at the workplace.

Enhanced Communication

Communication applications such as MS Teams, Hangouts, and Skype are used to communicate with other employees and clients through messages and video conferencing. Communication applications enable better collaboration. Using such communication applications significantly increases internal communication and productivity.

Automation

Another major benefit of modern technologies is their ability to automate. Workplaces are exploiting the potential of modern technologies by automating crucial tasks such as data entry, record keeping, and generating analytics, and automation has significantly reduced the chances of introducing human error.

Modern technology is Rewriting the Future of Work

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It is essential to understand what your company does and figure out the big picture to deploy technology solutions for rewriting the future of work. For example, a time tracking tool can allow employees to stay productive by tracking tasks and analyzing their work clock. Understanding how skilled your employees are and planning your budget are vital before deploying new technologies. Workplaces should identify technologies that need to be repurposed before the existing technologies get outdated. Old methods and technologies should be replaced with new ones for better performance and efficient workplaces. Software industry can explore customization and artificial intelligence to deliver better services and applications.

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Predicting industry trends can help you prepare for the future of your business segment better and adapt the company and the employees to a dynamic market. The market is competitive and every industry is battling to eat the largest piece of the pie. So, it has become necessary to invest in technology trends to drive business towards success. However, deploying new technologies and adapting to the changes require planning and informed decision making. Strategies are developed to deploy technologies while avoiding obstruction to the everyday operations of the company. Introducing new technologies in your workspace for rewriting the future of work can be an intricate task. It is recommended to consult an expert when deploying IoT, big data, AI, or any modern technology for that matter.

Modern technology is rewriting the future of work by making the workplace and the employees smarter. Major organizations are adopting new technologies to make workplaces more efficient. Moreover, organizations can push a more productive work ethic in their workplaces by leveraging modern technologies. And, technologies like AI, machine learning and blockchain, are here to stay, hence every organization should consider adapting to modern technologies.


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TECHNOLOGY

Next-gen chips, Amazon Q, and speedy S3

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AWS re:Invent, which has been taking place from November 27 and runs to December 1, has had its usual plethora of announcements: a total of 21 at time of print.

Perhaps not surprisingly, given the huge potential impact of generative AI – ChatGPT officially turns one year old today – a lot of focus has been on the AI side for AWS’ announcements, including a major partnership inked with NVIDIA across infrastructure, software, and services.

Yet there has been plenty more announced at the Las Vegas jamboree besides. Here, CloudTech rounds up the best of the rest:

Next-generation chips

This was the other major AI-focused announcement at re:Invent: the launch of two new chips, AWS Graviton4 and AWS Trainium2, for training and running AI and machine learning (ML) models, among other customer workloads. Graviton4 shapes up against its predecessor with 30% better compute performance, 50% more cores and 75% more memory bandwidth, while Trainium2 delivers up to four times faster training than before and will be able to be deployed in EC2 UltraClusters of up to 100,000 chips.

The EC2 UltraClusters are designed to ‘deliver the highest performance, most energy efficient AI model training infrastructure in the cloud’, as AWS puts it. With it, customers will be able to train large language models in ‘a fraction of the time’, as well as double energy efficiency.

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As ever, AWS offers customers who are already utilising these tools. Databricks, Epic and SAP are among the companies cited as using the new AWS-designed chips.

Zero-ETL integrations

AWS announced new Amazon Aurora PostgreSQL, Amazon DynamoDB, and Amazon Relational Database Services (Amazon RDS) for MySQL integrations with Amazon Redshift, AWS’ cloud data warehouse. The zero-ETL integrations – eliminating the need to build ETL (extract, transform, load) data pipelines – make it easier to connect and analyse transactional data across various relational and non-relational databases in Amazon Redshift.

A simple example of how zero-ETL functions can be seen is in a hypothetical company which stores transactional data – time of transaction, items bought, where the transaction occurred – in a relational database, but use another analytics tool to analyse data in a non-relational database. To connect it all up, companies would previously have to construct ETL data pipelines which are a time and money sink.

The latest integrations “build on AWS’s zero-ETL foundation… so customers can quickly and easily connect all of their data, no matter where it lives,” the company said.

Amazon S3 Express One Zone

AWS announced the general availability of Amazon S3 Express One Zone, a new storage class purpose-built for customers’ most frequently-accessed data. Data access speed is up to 10 times faster and request costs up to 50% lower than standard S3. Companies can also opt to collocate their Amazon S3 Express One Zone data in the same availability zone as their compute resources.  

Companies and partners who are using Amazon S3 Express One Zone include ChaosSearch, Cloudera, and Pinterest.

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Amazon Q

A new product, and an interesting pivot, again with generative AI at its core. Amazon Q was announced as a ‘new type of generative AI-powered assistant’ which can be tailored to a customer’s business. “Customers can get fast, relevant answers to pressing questions, generate content, and take actions – all informed by a customer’s information repositories, code, and enterprise systems,” AWS added. The service also can assist companies building on AWS, as well as companies using AWS applications for business intelligence, contact centres, and supply chain management.

Customers cited as early adopters include Accenture, BMW and Wunderkind.

Want to learn more about cybersecurity and the cloud from industry leaders? Check out Cyber Security & Cloud Expo taking place in Amsterdam, California, and London. Explore other upcoming enterprise technology events and webinars powered by TechForge here.

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TECHNOLOGY

HCLTech and Cisco create collaborative hybrid workplaces

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Digital comms specialist Cisco and global tech firm HCLTech have teamed up to launch Meeting-Rooms-as-a-Service (MRaaS).

Available on a subscription model, this solution modernises legacy meeting rooms and enables users to join meetings from any meeting solution provider using Webex devices.

The MRaaS solution helps enterprises simplify the design, implementation and maintenance of integrated meeting rooms, enabling seamless collaboration for their globally distributed hybrid workforces.

Rakshit Ghura, senior VP and Global head of digital workplace services, HCLTech, said: “MRaaS combines our consulting and managed services expertise with Cisco’s proficiency in Webex devices to change the way employees conceptualise, organise and interact in a collaborative environment for a modern hybrid work model.

“The common vision of our partnership is to elevate the collaboration experience at work and drive productivity through modern meeting rooms.”

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Alexandra Zagury, VP of partner managed and as-a-Service Sales at Cisco, said: “Our partnership with HCLTech helps our clients transform their offices through cost-effective managed services that support the ongoing evolution of workspaces.

“As we reimagine the modern office, we are making it easier to support collaboration and productivity among workers, whether they are in the office or elsewhere.”

Cisco’s Webex collaboration devices harness the power of artificial intelligence to offer intuitive, seamless collaboration experiences, enabling meeting rooms with smart features such as meeting zones, intelligent people framing, optimised attendee audio and background noise removal, among others.

Want to learn more about cybersecurity and the cloud from industry leaders? Check out Cyber Security & Cloud Expo taking place in Amsterdam, California, and London. Explore other upcoming enterprise technology events and webinars powered by TechForge here.

Tags: Cisco, collaboration, HCLTech, Hybrid, meetings

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Canonical releases low-touch private cloud MicroCloud

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Canonical has announced the general availability of MicroCloud, a low-touch, open source cloud solution. MicroCloud is part of Canonical’s growing cloud infrastructure portfolio.

It is purpose-built for scalable clusters and edge deployments for all types of enterprises. It is designed with simplicity, security and automation in mind, minimising the time and effort to both deploy and maintain it. Conveniently, enterprise support for MicroCloud is offered as part of Canonical’s Ubuntu Pro subscription, with several support tiers available, and priced per node.

MicroClouds are optimised for repeatable and reliable remote deployments. A single command initiates the orchestration and clustering of various components with minimal involvement by the user, resulting in a fully functional cloud within minutes. This simplified deployment process significantly reduces the barrier to entry, putting a production-grade cloud at everyone’s fingertips.

Juan Manuel Ventura, head of architectures & technologies at Spindox, said: “Cloud computing is not only about technology, it’s the beating heart of any modern industrial transformation, driving agility and innovation. Our mission is to provide our customers with the most effective ways to innovate and bring value; having a complexity-free cloud infrastructure is one important piece of that puzzle. With MicroCloud, the focus shifts away from struggling with cloud operations to solving real business challenges” says

In addition to seamless deployment, MicroCloud prioritises security and ease of maintenance. All MicroCloud components are built with strict confinement for increased security, with over-the-air transactional updates that preserve data and roll back on errors automatically. Upgrades to newer versions are handled automatically and without downtime, with the mechanisms to hold or schedule them as needed.

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With this approach, MicroCloud caters to both on-premise clouds but also edge deployments at remote locations, allowing organisations to use the same infrastructure primitives and services wherever they are needed. It is suitable for business-in-branch office locations or industrial use inside a factory, as well as distributed locations where the focus is on replicability and unattended operations.

Cedric Gegout, VP of product at Canonical, said: “As data becomes more distributed, the infrastructure has to follow. Cloud computing is now distributed, spanning across data centres, far and near edge computing appliances. MicroCloud is our answer to that.

“By packaging known infrastructure primitives in a portable and unattended way, we are delivering a simpler, more prescriptive cloud experience that makes zero-ops a reality for many Industries.“

MicroCloud’s lightweight architecture makes it usable on both commodity and high-end hardware, with several ways to further reduce its footprint depending on your workload needs. In addition to the standard Ubuntu Server or Desktop, MicroClouds can be run on Ubuntu Core – a lightweight OS optimised for the edge. With Ubuntu Core, MicroClouds are a perfect solution for far-edge locations with limited computing capabilities. Users can choose to run their workloads using Kubernetes or via system containers. System containers based on LXD behave similarly to traditional VMs but consume fewer resources while providing bare-metal performance.

Coupled with Canonical’s Ubuntu Pro + Support subscription, MicroCloud users can benefit from an enterprise-grade open source cloud solution that is fully supported and with better economics. An Ubuntu Pro subscription offers security maintenance for the broadest collection of open-source software available from a single vendor today. It covers over 30k packages with a consistent security maintenance commitment, and additional features such as kernel livepatch, systems management at scale, certified compliance and hardening profiles enabling easy adoption for enterprises. With per-node pricing and no hidden fees, customers can rest assured that their environment is secure and supported without the expensive price tag typically associated with cloud solutions.

Want to learn more about cybersecurity and the cloud from industry leaders? Check out Cyber Security & Cloud Expo taking place in Amsterdam, California, and London. Explore other upcoming enterprise technology events and webinars powered by TechForge here.

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Tags: automation, Canonical, MicroCloud, private cloud

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