Artificial intelligence (AI) is intelligence demonstrated by machines, in contrast to the natural intelligence (NI) displayed by humans and other animals. In computer science AI research is defined as the study of "intelligent agents": any device that perceives its environment and takes actions that maximize its chance of successfully achieving its goals. Colloquially, the term "artificial intelligence" is applied when a machine mimics "cognitive" functions that humans associate with other human minds, such as "learning" and "problem solving". The scope of AI is disputed as machines become increasingly capable.
3D printing is any of various processes in which material is joined or solidified under computer control to create a three-dimensional object, with material being added together (such as liquid molecules or powder grains being fused together). 3D printing is used in both rapid prototyping and additive manufacturing (AM). Objects can be of almost any shape or geometry and typically are produced using digital model data from a 3D model or another electronic data source such as an Additive Manufacturing File (AMF) file (usually in sequential layers).
A blockchain, originally block chain, is a continuously growing list of records, called blocks, which are linked and secured using cryptography. Each block typically contains a cryptographic hash of the previous block, a timestamp, and transaction data. By design, a blockchain is resistant to modification of the data. It is "an open, distributed ledger that can record transactions between two parties efficiently and in a verifiable and permanent way". For use as a distributed ledger, a blockchain is typically managed by a peer-to-peer network collectively adhering to a protocol for inter-node communication and validating new blocks. Once recorded, the data in any given block cannot be altered retroactively without alteration of all subsequent blocks, which requires consensus of the network majority.
Robotic process automation (RPA) can work with standard processes that are rules based, with structured and predictable data. Traditional RPA represents the first stage, for repetitive transactional type work. For most organizations, this is where the key focus of robotics activities is. RPA is best used where process predictability and stability is high and a majority of processing can be performed in Straight Through Processing (STP). By definition, these are standard processes that would traditionally be considered for SSCs or BPOs/ITOs.
The term Next Generation Technology has been often used by IT enthusiasts. Many see next generation technologies as one of the solution vectors for the global challenges of the 21 century. The following concepts included in oNext Generation Technology, along with its implementing technology, are: Augmented Reality and Virtual Reality, Autonomous Driving, Modular Smartphones, Quantum Computing, 5G, drones, bio technology, Crispr, 3d alteration, zettabyte era, microservice architecture, cloud computing, immersion experience and mobile first.
The Internet of Things (IoT) is the network of physical devices, vehicles, home appliances and other items embedded with electronics, software, sensors, actuators, and connectivity which enables these things to connect and exchange data, creating opportunities for more direct integration of the physical world into computer-based systems, resulting in efficiency improvements, economic benefits and reduced human intervention.