Emerging tech is the overarching term used for new technologies thought to be capable of having a big impact on how our world functions today. They are generally defined as new technologies that are currently being developed or will be developed in the next 5 – 10 years, and can include technologies still undeveloped.
As examples of emerging tech we can mention artificial intelligence (AI), internet of things (IoT), blockchain (e.g. cryptocurrencies, distributed ledger systems, etc.), augmented reality, self-driving cars, and many others.
Our partners invest in emerging tech as (a) they see how it can improve their business, their offering, and ultimately their bottom line, and (b) they want to stay relevant in an ever-changing market landscape.
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