APRIL 202419 Some of the most impactful applications of technological convergence are in the healthcare and wellness industries, where innovators are enabling broader access and more comprehensive medical and personal health servicesIt's hard to predict how technological convergence will ultimately change how we live and work, but we already feel its impact on many aspects of our lives. CONVERGENCE IN ACTIONTechnological convergence is increasingly being used to improve quality of life and encourage innovation at all levels--from individuals to communities to global enterprises. Here are a few industries and applications where technological convergence is rapidly gaining traction, disrupting the status quo and effecting change that benefits us all. AUTOMOTIVE AND TECHNOLOGYGlobal sales of electric vehicles (EVs) were up 62 percent in the first half of 2022 compared with sales during the same period in 2021.With EV sales on the rise, and technology convergence plays a key role in this growth, as software, workflows and business models from disparate industries are brought together to propel innovation in the EV space. As the EV market grows, software needs to evolve in lockstep. Maintenance, monitoring, and navigation are of the utmost importance. This has led to myriad companies investing in software and creating new solutions to advance and push the industry forward.DIGITAL HEALTHSome of the most impactful applications of technological convergence are in the healthcare and wellness industries, where innovators are enabling broader access and more comprehensive medical and personal health services. Startups are developing integrated virtual care management platforms, using remote patient monitoring and chronic care management through AI-guided care coordination. Ultimately, patients can manage chronic conditions from the comfort of their homes (or wherever they may be) without always needing in-office visits or consultations.AI FOR PERSONAL HEALTHCARE GUIDANCEAI is shaping the future of health and well-being, from diagnostics to preventative maintenance to long-term therapeutics. By allowing healthcare teams to personalize care plans, AI-driven treatment plans can be laser-focused on individual needs. THE FUTURE OF WORKThe emerging technologies are changing how we socialize, work, and learn. The VR/AR/AI are predicted to improve collaboration, aid in training, and increase employee development. Based on AR and VR, people can immerse themselves in boundless digital experiences. Although full metaverse application is still on the horizon, technological convergence is bringing notable training and performance improvement capabilities to the workplace. WHAT'S NEXT?Looking ahead five, 10, or 20 years, the global effort to conserve resources, improve health outcomes and drive business innovation will increase exponentially. Technologies will be able to boost efficiency in manufacturing, supply chain, health care, transportation, and accessibility. Through an enhanced economic and sustainability lens, new technologies will focus on cutting carbon emissions and producing cost-effective outcomes. Technological convergence will play a leading role in this effort, providing new and innovative solutions that unify powerful technologies to affect positive outcomes. This is only the beginning, and we will continue to see the technology industry spearhead new convergence applications making the world more sustainable and efficient.
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