Evolution of Display Tech and its Future

 

Information may be transmitted most effectively using display technology. Display technology is improving as researchers continue to develop novel concepts. Future displays will be more responsive to changing societal requirements, lighter, thinner, flexible, and power-efficient.

The Cathode Ray Tube was the initial display technology, and although being inefficient, big, heavy, and full of dangerous waste elements, it had a very long lifespan. The 20th century was mostly under its control.

In 1907, Henry Joseph Round, a British radio researcher, discovers the phenomenon of electroluminescence. an absence of heat-producing light. This served as the basis for LEDs, which generate light considerably more effectively than incandescent bulbs, from which we are just now fully transitioning. Their primary shortcomings were size restriction and safety since a broken EL lamp might result in the creation of a live, high-voltage circuit.

Following 1961-62, As "the father of the LED," Nick Holonyack is credited with creating the first light emitting diode (LED) that is visible to the human eye. LED innovations have made great progress and are the light source of the future, despite their early shortcomings in effectiveness and colour selections.

1964 brought a significant change in Display Tech with the first PDP (plasma display panel) and LCD (liquid crystal display) both created. Before these technologies become widely used, it would take some time (for example, flat-screen televisions wouldn't start showing up in substantial numbers in homes for another 40 years). Due to mass manufacture, LCDs have taken over, whereas plasma displays have been constrained by their heavier weight and lack of a size scale.

In 1987 OLED (organic light-emitting diode) technology, an improvement in electroluminescence is created by Eastman Kodak researchers. In comparison to LEDs, OLEDs are incredibly tiny, flexible, and thin. With superior blacks, a lower profile, and no requirement for a hard substrate, the technology would evolve further to compete with LCD. Even after spending billions on research and development, OLEDs are still expensive to produce in large quantities and have shorter lifetimes than LCD and LED technologies.

Around 2007, thanks to their enormous size and reduced price, LCD televisions replaced Plasma as the consumer's (or, perhaps, the producer's) preferred option. The market is dominated by LCD screens with LED backlighting as LED technologies advance. While LCDs continue to be more affordable to produce, have longer lifespans, and are more durable, OLED technologies are also advancing and are poised to rival LCDs with superior blacks (even better than Plasma) and thinner, less rigid profiles.

In 2008, The active-matrix organic light-emitting diode (AMOLED), which has an infinite contrast ratio, advanced OLEDs significantly. This is the technology that is employed when OLED TVs and phones are discussed. The display is no longer stiff and the backlight is gone, but organic materials have a tendency to degrade with time, making this technology's most concerning shortcoming for any device intended to survive for more than a few years.

 

Road Ahead

 

It is predicted that liquid crystal displays (LCDs), which are now used in televisions, desktop and laptop computers, and other devices, can be competed with or even replaced by quantum dot display technology shortly. By 2023, only these first uses will account for more than an $8 billion addressable market for quantum dot-based parts. Several businesses are producing QD-LED light bulbs, which offer higher energy economy and longer longevity outside of display applications. Then there are the truly enormous concepts in cutting-edge display technology. A display system for enormous 3D billboards, jumbotron displays, and outdoor digital signage was described in detail in January by academics at the Vienna University of Technology in Austria. The technique uses 3D pixels (also known as "Trixels") to project pictures that change and move when viewed from various angles, much like 2D holograms that seem three-dimensional. Additionally, the system uses a mix of mirrors and lasers to achieve angular resolution so precisely that the left and right eyes see separate images, creating a 3D effect without the use of 3D glasses. The present prototype's resolution is, shall we say, low — five pixels by three pixels.

 

Displaying Holograms for a generation weaned on science fiction films, the freestanding holographic picture is the display technology of the future that we all want to see. Imagine Captain Picard on the holodeck or Princess Leia informing Obi-Wan that he is indeed her last hope. Rest assured that the idea is being worked on by research teams throughout the world, and recent developments are encouraging. Microsoft's latest HoloLens project for Windows 10 appears to be an approximation of augmented reality, but true freestanding holograms that are created in mid-air and without a projection surface still have a few years before they come to pass. Who knows, though? One of the businesses with the greatest rate of change in the world, the future of display technology is always changing.

When a Display using Organic Light Emitting Diodes (OLED) screen comes into touch with an electric current, it can emit light naturally. Depending on where it is placed, it employs a diode to focus light or electric current in a single forward direction. OLED displays have the benefit of being able to operate at their best in every lighting situation, from highly bright to extremely dark, without generating any visual interruptions. If they haven't already started to dominate the market, they may even replace conventional LED and LCDs soon.

Additionally, flexible screens are currently in the works. Numerous well-known tech businesses are already hard at work creating their line of foldable or flexible tablets, laptops, cell phones, and other portable tech items that can fit in the tiniest of places. You might be able to fold your tablet and fit it in your back pocket by this time next year! These displays will be used in different capacities in the food and gaming sectors, as well as in international military and naval activities, multiple medical specialties, and everyday practical applications.

Haptic touchscreens, another name for tactile touchscreen displays, provide rapid response at different contact locations. Although this technology has been available for a while and isn't very new, it has undergone significant formatting changes. Today's tactile touchscreens include multi-touch capabilities and substantially quicker reaction times, which lower lagging and enhance data entering performance. These gadgets can be used by several people at once without breaking down.

Significance of Metaverse

 

1)Definition:

Many experts look at the metaverse as a 3D model of the internet. It  can be defined as a simulated digital environment that uses augmented reality (AR), virtual reality (VR) to create spaces for rich user interaction by mimicking the real world. A place where we and other people have an avatar, and can interact with them through their avatars.

2)History:

"Metaverse" has been in use for a while, the concept was initially originated by author Neal Stephenson in his 1992 science fiction book Snow Crash. Stephenson defined the metaverse in his book as an all-encompassing digital universe that exists alongside the actual world. However, in 2022, researchers are still unsure of whether the real-world metaverse would develop in a similar manner.

While still in its infancy in many ways, the metaverse has suddenly become a lucrative industry, with technology behemoths and gaming behemoths like Meta (formerly Facebook), Microsoft, Epic Games, Roblox, and others all developing their own virtual worlds or metaverses. The metaverse uses a diverse range of technologies, including virtual reality platforms, gaming, machine learning, blockchain, 3-D graphics, digital currencies, sensors, and (in certain situations) VR-enabled headsets.

3)How can one access the metaverse?

Many existing workplace metaverse solutions require only a computer, mouse, and keyboard keys, but for a complete 3-D surround experience, you'll likely need to wear a VR-enabled headgear. However, substantial progress is being made in computer-generated holography, which eliminates the need for headsets by using virtual viewing windows that generate holographic displays from computer images or by deploying specially constructed holographic pods to project people and images into physical space at events or meetings). Companies like Meta are also leading the way with haptic (touch) gloves that let users interact with 3-D virtual objects and feel things like movement, texture, and pressure.

We can meet friends, raise virtual pets, design virtual fashion items, purchase virtual real estate, attend events, create and sell digital art, and earn money all within the metaverse. But up until lately, there wasn't much discussion about how the developing metaverse may affect the workplace. That is currently altering. The repercussions of the pandemic, particularly constraints on physical meetings and travel, are driving organizations to seek more authentic, coherent, and participatory distant and hybrid work experiences. At least four significant ways, according to the metaverse, appear destined to change the nature of work: An increase in learning and skill training through virtualization and gamified technologies; the rise of new immersive forms of team communication; and the appearance of new digital, AI-enabled coworkers.

4)Importance in society

The metaverse promises to offer new levels of social interaction, mobility and collaboration to the world of virtual employment. NextMeet, established in India, is an avatar-based immersive reality platform focused on interactive working, collaboration, and learning solutions. Its objective is to eliminate the isolation and workforce separation that might emerge from remote and hybrid employment.

The metaverse has the potential to revolutionize training and skill development by substantially reducing the time required to develop and acquire new talents. AI-powered digital coaches may be available to offer career guidance and help with staff training. Every object in the metaverse, for example, a training manual, machine, or product, might be made interactive, with 3-D displays and step-by-step "how to" manuals. Virtual reality role-playing and simulations will become more popular, allowing worker avatars to learn in extremely realistic, "game play" scenarios like "the high-pressure sales presentation," "the demanding client," or "a hard workplace interaction

Virtual-reality technology are already being used in numerous industries to speed skill development: Surgical technology business Medivis is using Microsoft's HoloLens technology to instruct medical students through interaction with 3-D anatomical models; Embodied Labs has used 360-degree video to let medical personnel experience the impacts of Alzheimer's Disease and age-related audiovisual deficits, to aid in diagnosis; and manufacturing giant Bosch and Ford Motor Company have pioneered a VR-training tool, using the Oculus Quest headset, to train technicians on Using 3-D animation and augmented reality, the UK-based company Metaverse Learning collaborated with the UK Skills Partnership to develop a series of nine augmented reality training models for front-line nurses in the UK.

5)Implications of Metaverse:

The metaverse is an iteration of the internet that gives us a far more immersive experience. Users will be able to enter the internet using an avatar. For Example: If we search for "dinosaurs" on Google then we can see augmented reality versions of your favorite prehistoric creatures right in the room.

Some of the applications of how metaverse giving us a better experience are:

Shopping in the Metaverse

Metaverse is already changing how we shop. IKEA was a pioneer with their Place app, which uses augmented reality tech to place furniture into our rooms so that we can see how things will look within our home. Apple also allows us to view their latest gadgets in the room using augmented reality.

 

Transforming Training and Education

Metaverse provides immersive, engaging learning opportunities in schools, corporate training and personal improvement. In Poland, teachers are using the VR game Half-Life: Alyx to teach science lessons. Companies like Skanska are also conducting their health and safety training using virtual reality.

Virtual Healthcare Helpers

The metaverse will provide new and innovative ways to look after our health. Virtual reality counseling is already being used by therapists with the help of VR goggles to provide exposure therapy to patients, so they can experience the situations that frighten them in a safe, controlled environment.

Automobiles and Technology: Autonomous Driving is the Future ?

A self-driving vehicle is a car or truck that is capable of sensing its surroundings and controlling its motions without the assistance of a human. The Society of Automotive Engineers, or SAE, has created six categories of self-driving vehicles. The levels are numbered from 0 to 5. Here’s a breakdown of the various levels:

Level 0 denotes complete lack of autonomy. A human driver will be in charge of all driving tasks in that type of vehicle. Some driving assistance systems, such as lane keeping aid or adaptive cruise control, are included in Level 1. However, the car can only perform one task at a time. Level 2 is a semi-automated level. At this level of autonomy, the car can perform two or more automatic tasks at the same time, such as steering and accelerating. Even in those situations, though, the driver retains primary control of the vehicle. Conditional automation is the third level of automation. At this stage, the car can drive from point A to point B without the need for human assistance, but only under specified circumstances. Because the system will ask the human to intervene in crucial situations, the driver must still be ready to take over at any time. Level 4 refers to a high level of automation. In most, but not all, driving conditions, the vehicle is deemed completely autonomous at level 4. Overall, the car will be capable of driving itself and will not require human assistance to complete the journey. However, the car would only be able to function in geofenced zones and would not be able to operate in all weather situations. Level 5 is the most advanced level of automation. The automobile is capable of driving itself in any situation. The car may not have a steering wheel or a brake pedal.

Many people are vying to be the first to produce an autonomous vehicle that can operate in any situation. Major automakers and tech behemoths are seeking for a means to jump ahead of the pack. They are undertaking a series of road tests with their self-driving cars, and the data gathered from these testing will aid cars in navigating a world where unexpected events occur frequently. However, until completely autonomous vehicles are on the road, humans must remain totally responsible for driving their vehicles and recognize the technology’s limitations.

Five years from now

While Apple says it plans to launch completely self-driving electric cars in four years, industry analysts are more sceptical about the near future.

The dialogue about regulation and insurance firms' new role in the transportation arena, according to Fowler, needs to mature. "It's got to be a really incremental approach where we start with pods and shuttles or off-highway vehicles where you can see such a benefit, and you've got a possibly more regulated environment, and what works with that," she says. "We can then scale it up to new vehicle kinds and application scenarios."

According to Fowler, one new area where we might expect to see driverless technology applied is in high-risk locations, such as nuclear power plants and military settings, to reduce the risks to human life. A Rio Tinto mine in Western Australia, for example, presently operates the world's largest autonomous fleet. The trucks are managed by a centralised system in Perth, which is located thousands of kilometres distant.

"If you can take people out of it and have vehicles that drive themselves and are totally automated even if you've got somebody remotely needing to control that vehicle in that high-risk environment, that's got to be excellent," Fowler says.

Most autonomous technology will remain in the background for the next five years. TRL is looking into the possibility of driverless HGVs on highways, including platooning vehicles. Platoons are groups of semi-autonomous vehicles that drive in close proximity to one another, preventing other vehicles from separating them. Vehicles in a platoon can save fuel by taking use of the slipstream of the truck in front, while also helping to relieve congestion because the lorries take up less overall road space. Plus, the first self-driving truck manufacturer, is also in this field, with European pilots beginning this year following a successful testing on the Wufengshan highway in China's Yangtze Delta industrial centre.

10 years from now

Despite all of the improvements and innovations that the next decade is likely to bring, some experts believe we are still a long way from widespread deployment of driverless vehicles. "Full-self driving – human-level or higher, in all possible settings, where you can put kids in the car by themselves and send them to arbitrary locations without worrying – is not something I anticipate to see by 2031," Ozay says.

According to Hynd, full automation is improbable in this timeframe. "So many other factors must be considered when it comes to transportation infrastructure and societal use. And I don't just mean government regulation "he claims Safety will be a key barrier, particularly for countries who are slow to adopt the transition due to the high expenses involved. According to Hynd, infrastructure will also define how quickly and successfully this technology can be deployed, and public perception and desire to utilise autonomous vehicles will need to improve.

However, not everyone agrees. Jinks believes that in ten years, autonomous vehicles will be on the road alongside human-driven automobiles. In this manner, you may find yourself boarding a driverless shuttle at the airport, followed by a self-driving taxi to your final destination.

According to Hynd, owning a driverless automobile in the next ten years is less realistic - it will still be too expensive for most people. However, the promise of autonomous technology is about freeing us from our reliance on automobiles and how this may revolutionise how we use our time and our surroundings.

"This is one of the most difficult engineering challenges we've faced in a century," Jinks says. "It will be a gradual progression from less complicated settings and capacities to more complex, all-encompassing environments and capabilities. It's a continuum, and consider that continuum... It will continue to improve over time. These things will always learn from one another."

Autonomous vehicles will someday make their way into our daily lives in the same way that electric charging stations have steadily made their way into car parks, side streets, and service stations. Years from now, we may wonder how we ever got by without them.

CLOUD COMPUTING

 

Cloud computing is the delivery of computing services—including servers, storage, databases, networking, software, analytics, and intelligence—over the Internet ("the cloud") to offer faster innovation, flexible resources, and economies of scale.

How does cloud computing work?

Rather than owning their own computing infrastructure or data centres, companies can rent access to anything from applications to storage from a cloud service provider.

One benefit of using cloud-computing services is that firms can avoid the upfront cost and complexity of owning and maintaining their own IT infrastructure, and instead simply pay for what they use, when they use it.

In turn, providers of cloud-computing services can benefit from significant economies of scale by delivering the same services to a wide range of customers.

What cloud-computing services are available?

Cloud-computing services cover a vast range of options now, from the basics of storage, networking and processing power, through to natural language processing and artificial intelligence as well as standard office applications. Pretty much any service that doesn't require you to be physically close to the computer hardware that you are using can now be delivered via the cloud.

History of cloud computing :

Cloud computing as a term has been around since the early 2000s, but the concept of computing as a service has been around for much, much longer – as far back as the 1960s, when computer bureaus would allow companies to rent time on a mainframe, rather than have to buy one themselves.

These 'time-sharing' services were largely overtaken by the rise of the PC, which made owning a computer much more affordable, and then in turn by the rise of corporate data centres where companies would store vast amounts of data.

But the concept of renting access to computing power has resurfaced again and again – in the application service providers, utility computing, and grid computing of the late 1990s and early 2000s. This was followed by cloud computing, which really took hold with the emergence of software as a service and hyperscale cloud-computing providers such as Amazon Web Services.

How important is the cloud?

Building the infrastructure to support cloud computing now accounts for a significant chunk of all IT spending, while spending on traditional, in-house IT slides as computing workloads continue to move to the cloud, whether that is public cloud services offered by vendors or private clouds built by enterprises themselves.

Tech analyst Gartner predicts that as much as half of spending across application software, infrastructure software, business process services and system infrastructure markets will have shifted to the cloud by 2025, up from 41% in 2022. It estimates that almost two-thirds of spending on application software will be via cloud computing, up from 57.7% in 2022.

That's a shift that only gained momentum in 2020 and 2021 as businesses accelerated their digital transformation plans during the pandemic. The lockdowns throughout the pandemic showed companies how important it was to be able to access their computing infrastructure, applications and data from wherever their staff were working – and not just from an office.

Gartner said that demand for integration capabilities, agile work processes and composable architecture will drive the continued shift to the cloud.

Current and Future of Cloud Computing :

Current Status of Clouds, the S-Curve Bandwidth, perception, loss of control, trust and feasibility were the challenges that confronted the presence of CC service in the past. Many of these challenges were overcome by our new technologies and others will be in the future. Which means that this service moved from virtual to real and will be advanced as our technologies advance. The desire to reduce costs and add flexibility to huge enterprises are the most effective reasons that will make CC commonly used. In the coming few years, we would expect more and more companies to adopt for the cloud solution. Many companies both big and small, are currently seriously considering shifting to cloud services because of the many benefits to a cloud solution. The current status of CC is past the Innovators stage and gently moving up the lower cusp of the S-curve into Early Adopter stage.

The advantages and benefits of CC are categorized in three categories: –

Centralization:

·        Competitive advantage in data access.

·        Huge flexibility in data access.

– Cost: Few huge clouds cost less than thousands of large local servers. Less materials, less areas, fewer employers.

– Environmental effects:

1.      Less need for infrastructure,

2.      Less need for hardware,

3.      Huge reduction in energy consumption.

Future of cloud computing :

In the future, more cloud adoption is inevitable. However, for a better assessment of the future of clouds, we will discuss some of the current challenges and gaps that are hindering the rapid evolution of this technology. Such gaps and challenges can be divided into two categories: technical and nontechnical. After discussing the gaps, we will suggest corresponding set of suitable R&D steps that needs to be taken to overcome these challenge and make a better use of the CC system (Attention: some gaps might happen in the future and will need to be taken care of). – Technical:

 

1. The ability to detect failures, adapt to the required scale of resources., ensuring continuous availability of such resources, and meeting clients expectations in terms of quality.

2.  Privacy and Security.

3. New security holes will appear with hackers advancing in their efforts.

4. Adaptability. Example: If a CPU is added to a virtual machine that is already in use, the running code should be able to adapt and make use of the additional resource without having to be restarted or even adapted.

Conclusion

Cloud computing (CC) offers an exciting opportunity to build data structures that promise to solve problems associated with economic modeling, terrorism, healthcare and epidemics, etc… and to bring on-demand applications to customers in an environment of reduced risk and enhanced reliability [1]. Moreover, clouds could play a major role in climate change as they have proved to be a reliable green option that will contribute to reduction of carbon footprints. CC promises to reduce run time and response time of deploying applications, increase the pace of innovation, and lower entry costs, all while increasing business agility. As much as it seems promising, successful deployment of cloud technology requires change of design for current existing applications and cannot just be unleashed on the cloud as it is.

Making Sense of Blockchain & Cryptocurrency

 

Cryptocurrency

Cryptocurrency functions as an exchange medium, a store of value, and a unit of measurement. Even though cryptocurrencies have little intrinsic worth, they are used to price the value of other assets. Bitcoin is a cryptocurrency (a form of payment), but it can also be viewed as a speculative commodity (how much it is worth). It was released in 2009 and is widely regarded as the first digital asset. Digital assets, often known as crypto assets, are digital representations of value enabled by cryptography and blockchain technology. Their original intention was to act as a vehicle for transferring value without the involvement of a bank or other trustworthy third-party agency. There are three categories of crypto-assets (digital assets): cryptocurrencies, crypto commodities, and crypto tokens. One new topic is the concept of stablecoins, which are cryptocurrencies that are tied to a stable asset such as the US dollar and may become an important component in decentralized finance (DeFi).

Blockchain Technology

Perhaps in response to the 2008 global financial industry meltdown, Satoshi Nakamoto created a protocol for a peer-to-peer electronic payment system. This protocol served as the foundation for distributed ledgers known as blockchains. Blockchain functions similarly to a global spreadsheet or ledger. It lacks a central database and instead runs on computers donated by volunteers all across the world. A blockchain is open to the public: anyone can examine it at any moment because it is stored on the network rather than within a single institution. To preserve virtual security, a blockchain is encrypted and uses public and private keys. A blockchain enables a person to send money to another person without having to go through a bank or financial services provider.

Applications of Blockchain

Finance

One of the primary functions of the financial sector is the storage and transfer of money from one entity to another. This necessitates the use of a reliable middleman, such as a bank. By decentralizing transactions, blockchain is virtually eliminating the need for such intermediaries. Blockchain is assisting in resolving some of the issues associated with the interoperability of diverse financial systems around the world by moving the means of the transaction out of siloed, closed networks.

The ability to track all transactions also improves the transparency and security of blockchain-based payments. This is advantageous to both the participants in a transaction and the applicable regulators.

Cybersecurity

Because the network of nodes (the disparate computers on which the shared database is stored and which validate transactions) can cross-reference to locate the source of a disputed change, data stored on a blockchain is rendered tamper-proof, so the technology has several potential cybersecurity applications. Storing data across a network of devices decreases the possibility of a hacker exploiting a single point of weakness. Decentralizing control of edge devices (which give an access point into company or service provider core networks) and Internet of Things devices can also improve their security.

Non-fungible tokens

NFTs, as they are more generally known, are blockchain tokens, but they differ from cryptocurrencies in that they are distinct digital assets. NFTs can technically represent ownership of anything, however, they are most commonly used to buy and sell digital art. This digital art already exists in many situations and is freely available on the internet for anybody to view, buy, or download. An NFT grants ownership of the work of art. Consider the distinction between owning an original painting and a print of it.

The future

Blockchain technology encompasses more than simply cryptocurrency. Instead, this one-of-a-kind technology may be used in practically any computer system to improve security, efficiency, and processing speed.

In this sense, blockchain has the potential to transform the way we think about information technology (IT). Blockchain technology, which is powered by a decentralized database, can be used to validate data for a variety of reasons.

Blockchain technology has various advantages that have piqued the interest of many businesses (and even governments) throughout the world.

In theory, because blockchain technology can be used in any existing computer application, the possibilities are that Blockchain will usher the world into a massive digital transition over the next decade.

The global blockchain market is expected to reach $104.9 billion by 2028. Blockchain and cryptocurrencies are causing upheavals far beyond the financial services sector, with blockchain start-ups and traditional institutions quickly capturing the momentum this technology affords. The rate of technological evolution shows no signs of decreasing.

While some are skeptical about cryptocurrency's future, many see 2021 as a watershed moment for their investment portfolio. It has to be seen whether it is a good long-term investment. Some believe Bitcoin's fixed supply will cause it to rise in value over time, whereas the large ecosystem of decentralized apps being developed on the Ethereum blockchain platform should boost its worth in the long run.

Conclusion

It is obvious that bitcoin and information technology are not dissimilar concepts. Eventually, the public will have access to a digital economy that is completely independent of the regulation of governments, banks, and other centralized organizations, thanks to advances in information technology (IT) and the widespread usage of blockchain technology.

Nonetheless, while most people are still a long way from seeing this reality, online communities may now rely on frameworks to create their virtual currencies and conduct transactions among their members.

The future of Business with RPA

 

Introduction

Robotic Process Automation (RPA) is the automation of processes that relieves employees from repetitive tasks allowing them to work on much human intelligence demanding tasks. It is an emerging technology in the field of computer science, information technology, electronics and communication, mechanical engineering, and manufacturing which is drawing much attention from corporations in recent times. It is the combination of hardware, software, and several communication networks to automate complex business processes.

RPA systems can do tasks with twice or thrice efficiency when compared to human labor, they are easy to design and the programming is not complex as the typical programming languages and it is non-intrusive, depending on the existing frameworks. It is transforming the way organizations work or operate, streamlining once manual processes and reducing the burden on human employees.

Business applications of RPA

RPA technology communicates with business systems and applications to increase productivity by leveraging a scalable digital workforce. It finds application in various business functions and industries like Human Resources, Auditing, Data governance and security, healthcare, telecom, banking, automobiles, aviation, supply chain management, etc.

RPA in Human Resources

RPA can be used in simplifying all major HR functions like recruitment, onboarding, employee data management, payroll processing, training and development, and employee exit management. The initial step of recruitment is resume screening which is highly time-consuming when done manually. The use of the RPA system i.e., the Applicant tracking systems can scan several such resumes in minimum time using job matching features which will filter out candidates who are suitable for the current job requirements and by activating an automated template for the user account's onboarding workflow, RPA can expedite the entire onboarding process. By using Human Resource information systems, sensitive data of employees can be stored and maintained easily which also helps in employee performance and incentives management, and payroll methodology or processing. These systems have made the lives of HR professionals much easier in recent times.

 

RPA in data governance and security

Data security has become a crucial component of any business infrastructure with the addition of the latest technologies, programs, and networks to business and robotic process automation is one such technological solution that is being embraced by organizations around the globe. As RPA systems are deployed to improve the efficiency and correctness or accuracy of business processes, they should have access to a plethora of confidential business and personal data which comes with the accountability of data security, but with the hybridization of RPA and AI automation, the cyber security threats can be minimized with enhanced data security.

 

RPA in Healthcare

Most of the healthcare industry leaders are now interested in RPA systems as they can reduce administration costs, efficiently increase the speed of patients data processing, and improve the accuracy of outcomes as the healthcare sector involves a humongous amount of data storage and channeling along with first-line patient calls, query solving on the websites which no longer require human intelligence. This will considerably improve the efficiency of the staff along with improved patient satisfaction and timely service provision.

RPA in Auditing

The typical auditing processes are time-consuming and labor-intensive. The commercial audit analytics software and RPA systems can automatically conduct pre-defined audit activities which will free up the time of auditors to take up the high-level task which demands professional judgment such as conflicting evidence analysis and according to the recent survey auditing results of RPA systems are found to be of 99.9% accuracy.

 

RPA in the Aviation industry

At present, RPA is used for revenue management using automated auditing software which simplifies the filing process of Passenger Revenue Accounting (PRA), Cargo Revenue Accounting (CRA), taxes, and employee payrolls. The trend toward contactless passenger experience at airports has been researched for years and the post-COVID-19 pandemic scenario has accelerated the use of contactless check-in and onboard assistance and Etihad airlines are the pioneer in testing 100% automated contactless service mechanism in April 2020. Researchers across the globe are now building autopilot systems based on machine learning and RPA which can easily switch between time zones and this will help the pilots avoid illnesses due to changes in time zone and climate over time.

Conclusion

The connection between technology and humans must evolve for the better in the future and RPA offers a clear path to higher business prospects and optimization across businesses. Every technology has its pros and cons and RPA provides value but limits transformation due to the bots' access requirements to a humongous amount of highly confidential data and high development and maintenance costs. But with time and advancing technologies, these minor inefficiencies can be rectified. With a growing number of business models embracing automation, it will only be a matter of time before the majority of organizations recognize the value of RPA technology in lowering costs, increasing efficiency, and enhancing the overall quality of various products and services and ultimately the entire business process.

 

Augmented or Virtual Reality ?

 

Introduction: 

Virtual reality (VR) and Augmented reality (AR) have an exciting impact on the future of gaming, marketing, e-commerce, education, and many more. Both technologies are known for their advanced knowledge that combines virtual and real-world with advanced 3-D images.

 In AR, the physical area is designed to coexist with the real world, to know and provide additional data about the real world, which the user can access without having to search. For example, AR industrial applications can provide problem-solving information as soon as the handset is directed to a failing device piece.

 Virtual reality involves a complete imitation of nature that replaces the user's world with a completely real world. Because these physical structures are perfectly formed, they are often designed to be larger than healthy ones. For example, VR can allow a user box with a cartoon version of Mike Tyson in the visual boxing ring.

It would be wrong to point out that Augmented Reality and Virtual Reality are intended to work separately. Specifically integrated to produce an enhanced sense of engagement where these technologies are integrated to transport the user to the imaginary world by providing a new element of interaction between the real world and the physical world.

What is AR? 

Almost anyone with a smartphone can access something that is not real, which makes it more efficient than VR as a branding and playback tool. AR transforms the ordinary, visually impaired world into a vibrant, vibrant image by displaying visual images and characters through a phone camera or video viewer. The unpopular reality of taxpayers we see can only add to what is happening in the real life of the user.

What is VR?

Virtual reality takes these same components to another level by producing computer-generated simulations of another world. These intricate simulations can create almost any visual or imaginative player space using special equipment such as computers, sensors, headsets, and gloves. 

Difference:

• AR uses a real-world setting while VR is completely realistic.
• AR users are capable of controlling their presence in the real world; VR users are controlled by the system.
• VR requires a headset device, but AR can be accessed via a smartphone.
• AR enhances both the visual and real-world while VR enhances only the mythical reality
• AR expands the real-world scene while VR creates virtual reality environments.
• AR is 25% virtual and 75% real while VR is 75% virtual and 25% real.
• In AR there are no headsets required on the other hand in VR, you need a headset device.
• With AR, end users are still in touch with the real world while communicating with the visuals around them, but through VR technology, the VR user is separated from the real world and immersed in the world of fantasy completely.
• VR restricts one’s vision and sometimes hearing, while AR enhances one’s real-world experience.
• Basic AR (Augmented reality) can function with 3 degrees of freedom whereas most of the VR (Virtual reality) applications can function with 6 degrees of freedom.

The future of AR and VR:

1.      Virtual Reality (VR) and Augmented Reality (AR) will repeat 21 times from 2019 -2022According to a study by the International Data Corporation (IDC), the VR and AR market will reach 15.5 billion euros by 2022. AR and VR spending would reach $ 18.8 billion by 2020, an increase of 78.5% over $ 10.5 billion, a five-year gain. annual growth rate (CAGR) of 77.0% to 2023.

2.      According to Valuates, the VR and AR market is expected to grow at a CAGR of 63.3 percent between 2018 and 2025. It will reach 571 billion CAGR by 2025. This growth will be largely due to the continued use of smart devices, the smart device. increased internet connection, and growth in mobile games.

3.      According to Valuates, the VR and AR market is expected to grow at a CAGR of 63.

4.      According to all the research studies, content growth in this market will be due to increased demand for AR and VR devices, as well as an increase in the number of AR VR headphone manufacturers such as Google, HTC, Oculus, and others. Users continue to download VR and AR content to their smartphones - especially AR-enabled mobile devices - from Google store, Oculus store, and more. The growing demand for 360-degree videos will continue to provide opportunities for content creators to provide this type of content.

5.      The training sector, especially for employers for training and advertising purposes, is expected to control the growth of the VR and AR market in the coming years. According to the report, companies such as Walmart, Boeing, UPS, and others are using AR VR for training purposes and this or that has always been a need for content.      

Conclusion:

This new, evolving technology creates endless business and employment     opportunities — By 2022, the AR and VR market is expected to grow to $ 209.2 billion. VR and AR transform industries through software development and computer hardware, image processing, research, and more. The much-needed tasks that enhance and enhance VR and AR technology include: Software engineering and development project management Software storage Graphic design Virtual and augmented realities in 2017 are already making dramatic leaps forward as start-ups find ways to introduce smell and touch to expand their sensory experiences. Technology company Immersion has introduced Touch Sense Force, using haptic feedback to bring player's hands into VR worlds, and researchers at Stanford University’s Virtual Human Interaction Lab are having to resist eating foam doughnuts as they experiment with adding scent to VR. Also, beyond the obvious media and entertainment applications for AR/VR technologies, design and engineering companies the likes of Solid works are demonstrating their commitment to immersive design with AR and VR-related partnerships, including NVIDIA, Microsoft, Lenovo, and HTC Vive.