Technology is literally changing the way we live our lives. Smartphones are changing the way we communicate with each other. Hybrid cars are reducing our impact on the environment and helping us reduce our carbon footprint. And cheaper air travel means that visiting another part of the world – just for the weekend – is no longer the exclusive privilege of the top 1 per cent. A number of industries are also being changed – and it looks like for the better. Here are 3 such industries that are currently being revolutionised by technology. Keep a close eye on them, and watch how they transform our lives over the coming years.
The mining industry is experiencing something of a technological revolution at the moment, and it doesn’t look like it’s ending any time soon. Mining is still big business in many countries around the world – including Australia, Russia and South Africa – but in the past, this industry has suffered from out-of-date technological practices. Not so any more. A number of technology companies, such as iVolve, are developing new intelligent industrial project management technologies to help mining companies all over the world better meet the demands of their clients. Equipped with this new technology, and inspired by the way things seem to be moving forward at such a rapid rate, no doubt the mining industry will continue to reap the fruits of this technology revolution.
Logistics and warehousing
Advances in technology are also revolutionising the logistics and warehousing industry. No longer is it science fiction for an order to be made, processed, tracked and shipped within a 24 hour period – without any human involvement whatsoever. These days, with the help of wearables and the collection of data through the Internet of Things, processing data and shipping packages is literally an overnight affair. Wearables are being fitted to trucks, clothing, walls and even pallets, allowing a company to track its shipping through every single stage of its delivery. And this is a good thing: it’s now possible to optimise elements of a production line, meaning shorter waiting times for consumers.
Last, but not least, the ever dynamic fashion industry is also undergoing something of a technological revolution. Like the logistics and warehousing industry, the popularity and spread of wearable technology – such as clothes you can charge your smartphone with, a wrist band that purifies polluted air, and a dress that reacts to sound – is making waves with designers from all around the world: from Paris to London, New York to Melbourne. According to the experts, over 110 million wearables are expected to ship by 2018. Exciting times await us indeed.
The list of industries that have been or are being affected by technological advancements continues to grow, with efficiency being the number one outcome. What other industries out there are currently being revolutionised by technology? Do you think technology’s impact is only positive? Leave some of your comments, concerns or questions below, and contribute to the discussion today.