We’ve discussed a number of industries that are being affected by digital technologies. It’s also becoming apparent that some industries are ahead of others in terms of implementing digital technologies and adapting to the changing landscape. We had the opportunity to interview several representatives from these industries in order to develop a clear, concise picture of how digital technology is changing their respective fields.
How We Have Fun
Online gaming is increasingly becoming efficient and accessible, and new technologies are being introduced all the time to enhance efficiency and add value to some of our most important aspects of life like entertainment. It’s not only a sign of changing times, but also a forecast for the future of the iGaming industry as we see it today. Nowadays, it only takes to make a visit to the Red Dog Casino and start gambling. To our current planners, the world of digital gambling seems impossible to understand. But it no longer will be once you take a look at where the industry is coming up – online. Moreover, over the last decade, the progress of digital technologies has advanced at a mind-boggling pace. Smartphones and other gadgets are barely big enough to hold in our hands, but they carry more processing power than some of the first space probes.
The Way We Eat
The food industry, for one, has long been a target for digital technology implementation, but we’re starting to see innovations in other industry sectors as well. From agriculture to manufacturing, more and more spheres are looking toward digital technology to make the most of their potential. Experts predict that more industries will switch to digital technology in coming years, but we’ll have to wait and see what developments take place. Food is changing because of the way we view it. Farming is changing because of the way we design and grow food.
How We Cure
Medicine is changing because of the way we practice medicine. Society as a whole is changing because digital technology has given us all the tools to alter it ourselves. It’s going to be an exciting (and beneficial) ride as we come up against new challenges in these industries and solve them with new technologies.
The technology-driven industries of today are impacting our lives in magnificent ways. New advances in computing and robotics are paving the way to help us live more readily available and efficiently. These advances are also helping improve our planet by lowering carbon footprints and contributing to better health of people. It’s exciting to think about what advancements we’ll see in the years to come, with the technology that is being developed today.
How We Buy
The banking industry has been a constant presence in our lives. As the Internet continues to grow, so do the technologies that are being developed out of it. It is clear to see that banking will continue to expand far beyond its physical counterparts, and there is no indication that this trend will slow or stop anytime soon. Today we are able to go through every single process with a screen, from opening an account, to taking out a loan, managing your investments, or even making purchases. However, the banking industry is showing us that it can adapt to the growing trends of the future and become a friend who is both knowledgeable and current on what’s going with digital technology.
Digital technology has altered the way traditional banks operate and forced them to become more efficient in order to remain competitive. The future of digital payments promises to bring all sorts of new features including crypto payments worldwide and benefits that will, in turn, alter our day-to-day lives.
The most recent innovation to bank services is the introduction of mobile banking apps. Over 90% of banks are offering their customers access to bank accounts through mobile devices. Overall, we can see that the true advantages to be had by e-banking are convenience and universal access. The banking experience is now available on any device, at any time, with no hassle required to fit them into your daily routine. What’s more is that this technology opens up new avenues for financial institutions to build out their business, allowing for a personalized experience and introducing new services such as online loans. The banks have the ability to use their data-driven decision making strategies to improve the quality of their products, making for a better financial experience for their customers.
Bottom Line
We hope that this article has given you a glimpse of how you could use digital technology to improve the world around you. While there are certainly challenges that still need to be addressed, we think that these industries represent the direction in which we should move towards. With the right type of support and resources, companies can overcome their obstacles and create real impact in their respective sectors. The future is looking bright for these companies and for us, their consumers.
From virtual reality-powered shopping experiences that allow customers to customize their products, to self-driving cars that find their own way from point A to point B, it’s clear that the companies of tomorrow will look nothing like those of today. Asking “isn’t it disruptive?” seems to suggest that no one foresaw the alterations that digital technology would create, or that many of us don’t appreciate its effects. At the same time, asking “what will change next?” – and more importantly, how we’ll adapt – gets to the heart of what makes life interesting and helps us prepare for what’s next.