Check out our list of top companies

Check out our carefully compiled lists of the most relevant and impactful companies within their fields.

Check out our list of top unicorns

Read and learn about the biggest companies that various countries have produced, how they made it, and what the future looks like for them.

Top Technologies Shaping Business and Education in 2024

Explore the top technologies revolutionizing business and education in 2024, from AI to virtual learning
By Neil Hodgson-Coyle
October 8, 2024

Technology is continuously evolving. That being said, it seems as if one tech development paves the way for the next, and, as such, advancements never stop launching. In recent years, we have seen tremendous growth in potential tech that has already been incorporated in different ways in various industries. Their use has brought up discussions, some of which were skeptical about the ability of these technologies to contribute to a certain area of life.

Nevertheless, it has been proven multiple times that these innovations are redefining a lot of aspects of our lives, especially how we interact with the world around us.

But which are the top emerging technologies helping shape business, education, driving and more? Let’s see in the paragraphs below.

Business

Business is one of the fields that technology has almost entirely transformed. If we are to look at the way people operated businesses only twenty years ago, we’d see a totally different scene. Today, many processes have been altered, and thanks to technology, they have become more efficient, scalable and agile.

Here are the top technologies used in business today:

Artificial Intelligence (AI) and Machine Learning (ML)

AI and ML are widely used in business today because of their ability to analyze data and predict trends for any business. As a result of their incorporation, businesses are now able to make better decisions because they have more accurate data. One of the most popular examples of how AI has been integrated into business nowadays is chatbots, which are now used on almost every website online. On the other hand, the ML algorithms have been incorporated to complete the repetitive tasks of a business.

Both of these technologies keep advancing day by day, and other additions, such as Emotion AI, are expected to take the business industry by storm.

Cloud Computing and Business Intelligence (BI)

Cloud computing and BI have become just as vital for businesses nowadays. The main contribution that cloud computing has offered for businesses is undoubtedly the massive data storage it offers. While in the past this data would be stored in extensive physical hardware such as a USB or a floppy disk, now it simply requires to be entered somehow in the cloud computing platform, such as Google Drive for example, and it is safe there. Needless to say, cloud tech is rather flexible and cost-effective for businesses.

Similarly, businesses have embraced incorporating open-source business intelligence into their daily business life. BI is now an essential part of the decision-making process for businesses that want to decide driven by data. BI platforms, such as Tableau, analyze the business data to its core. For example, BI is able to visualize any KPIs into dashboards and reports, which helps businesses identify trends, make decisions for the better and optimize customer experience.

Education

Education is another field that has been vastly impacted by technological advancements in recent years. Its main contribution has been the access it offers people from all around the world to information. This has been a huge step for education because what would require a lot of reading and researching in physical books can easily be found with a simple Google query.

Some of the top technologies shaping education are:

Online Learning Platforms

Online learning platforms are arguably the most useful tool technology offers education. Just a few years ago, we faced the global pandemic when everything was closed, and the only way education could continue was through online learning platforms. If they were non-existent, schooling would have stopped and postponed for months. However, those platforms continued to exist and made it possible for classes worldwide to be held even during the pandemic.

Apart from online learning platforms, open online courses (MOOC) like Coursera have also become a revolution in education. Such platforms offer courses in all kinds of areas, and people can learn anything from anywhere. The best thing about them is that a good amount is offered for free, making it even more accessible than it already is.

Virtual Reality (VR) and Augmented Reality (AR)

Virtual Reality (VR) and Augmented Reality (VR) are two emerging technologies that have been incorporated into different technologies, including education. One might ask, what do they offer best? Well, the best thing is definitely the immersive learning experiences which are a new thing for many students around the globe. For instance, through VR in history class students are able to explore any historical site around the world while being in class. As we know, some students are visual learners and this is particularly important for them, but it is also just as interesting for all other students.

On the other hand, AR offers digital layers of information for any type of topic in education and beyond. AR has shown to be especially important for complex subjects like engineering and biology as it helps visualize complex ideas and concepts.

chevron-down linkedin facebook pinterest youtube rss twitter instagram facebook-blank rss-blank linkedin-blank pinterest youtube twitter instagram