TECHNOLOGY AND TECHNOLOGY-DRIVEN industries thrived when most other sectors of the economy floundered through the pandemic that raged on through 2021. The tech sector grew manifold and the trend is expected to continue through 2022. Industry experts are confident that technological wonders, particularly of the virtual world, will witness a strong and steady growth, prompting BW Businessworld to scout out the biggest and most defining technology trends expected through 2022.
Metaverse
The Metaverse was a buzzword coined during 2021, even though most were unaware of the coinage. When social media company Facebook announced its interest in Metaverse, however, it quickly became the hot topic of the year.
Facebook has recently rebranded as ‘Meta’, in keeping with its plans to create an online world in which people can communicate and interact, using virtual reality (VR) headsets.
If you still can’t figure out what this term means, don’t worry, we’ll spell it out for you. Simply put, Metaverse is a kind of virtual space set, enabling people to create their own virtual world. It is a 3D virtual space that anyone can create and share with another person who is not present in that physical space, pretty much the way you have seen in science fiction movies. Using this Metaverse, anyone can hang out, play, work, learn, shop and make friends virtually.
Smartphone Camera
This story is from the {{IssueName}} edition of {{MagazineName}}.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the {{IssueName}} edition of {{MagazineName}}.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Sign In
MEMORIES & IMPRESSIONS
Ratan Tata was an exceptional human being. He was a visionary leader, esteemed industrialist, and a humanitarian, who left an indelible mark on India and the world.
The Robotaxi Market
The robotaxi market is shaping up to be a high-stakes battleground as tech giants and automakers race to transform urban mobility.
And the Nobel Prize Goes to AI
The recent Nobel Prize T awards to AI pioneers affiliated with Google have sparked a broader conversation about Big Tech's influence on research and the limitations of traditional prize categories.
Ola Electrified
Once considered a trailblazer in India’s electric vehicle (EV) ecosystem, Bhavish Aggarwal’s Ola Electric now faces a major accountability crisis.
Sharp Slide in Industrial Output on Eve of Deepavali
India’s index of industrial production (IIP) saw a sharp reversal in August, contracting by 0.1 per cent, in stark contrast to the 4.7 per cent growth in July, mostly because of significant contractions in mining and electricity generation.
Heralding the Solar Era with Sustainable Electrification
RAJEEV KASHYAP on the economics of solar power, the hurdles in scaling it, and much more
A WELL-GREASED MACHINE
The OmniBook X14 laptop runs on first-generation Snapdragon X Elite, which bets big on Al-enabled productivity and battery life, but falls short when it comes to overall experience, says Deep Majumdar
DO NOT LETA HEALTH CRISIS RUIN YOUR FINANCIAL HEALTH
For a family of four living in a metro, it is recommended to opt for a family floater health insurance plan with a sum insured of at least Rs 15-20 lakh
Disruption Ahead: Beyond Organisation Charts and Structures
ALBERT EINSTEIN FAMOUSLY said, “We cannot solve our problems with the same thinking we used when we created them.
Dr. Rahul Shivajirao Kadam: A Visionary Leader Blending Sustainability, Innovation, And Social Empowerment
We are on the stage of global warming, and these technologies not only help prevent further damage but also leave behind a better environment for future generations.