Every company in every industry is now moving towards digitization. In fact every company’s top teams are expected to build adequate capabilities for their company to remain significant in the rapidly digitizing world of industry, achieve growth and fend off competitors.
The world has seen a massive change in the way it works over the past few decades as technology has advanced and increased in utility within a vast array of fields and purposes. This digital transformation is the next step in what the initial promise of technology should always have been. What is digitization? Well, it is used in several meanings but in the context of business, it pertains to the creation of a digital version of analog or physical items such as paper documents, microfilm images, photographs and sound etc. It’s simply a conversion or representation of something non-digital in a digital format, which then becomes usable for computing systems for a number of utilities. It does not at all mean that the original documents etc shall be replaced but sometimes it does get destroyed or removed. For instance, you can destroy a document after it has been digitized in order to appease some legal requirements for the purpose of security. In another case, if some sound or motion is captured, the actual movement or sound disappears only to have been recorded in a digital form. It is in that form of capture where the imaging industry resides.
Role of Imaging Industry in the Future
In the age of digitization, nearly everything has been embedded with cameras and sensors. Even our smartphones, cars, wearables and traffic lights are slowly growing more dependent on imaging technology. It is the dawn of a new economy as we can see that every industry from transportation to medicine have started digitizing and the “Internet of Things” will have a revenue that will exceed $309 billion per year.
Imaging technology can improve our lives while also advancing other industries. 3-D facial recognition technology has the potential of helping businesses with making use of big data in numerous ways and in the advancing scheme of things, these insights can be acted upon in real time.
The future role of imaging technology will usher in a new era of “normal” with image related data. We shall be able to rise to the challenges of sorting, storing and classifying all the visual information in a moment’s notice. Facial recognition and gesture related tech will enable people to be able to connect with each other in a more interesting basis in their day-to-day life.
The FBI might no longer have the 25 most wanted criminals’ list because they will be able to catch everyone on it. Security cameras will be able to identify people even better with better quality imaging and using facial recognition technology to identify them in real time. Imaging technology can be a break through way to innovate fighting crime.
Advances like these will depend on intelligent imaging technology so that mere pixels can be turned into visual data that can be acted upon. It will change the way we interact, learn and live.