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The past few years have experienced the rapid development of the Internet, and its applications range from Web 1.0 to Web 2.0, and then to Web 3.0. Web3-Decentralized Network is the latest major iteration of the Internet. It is expected to realize a stable and secure decentralized network while providing various innovative functions.

Since the advent of the World Wide Web in 1989, it has undergone tremendous changes over the years. Although Web 1.0 is read-only; Web 2.0 saw a significant shift towards user participation via centralized platforms such as Google, Facebook, Amazon, etc. in this era, personal data is controlled by an intermediary: the person operating the digital platform. Therefore, people cannot control their data and the content they create.

Web 3.0 is the latest Internet technology, which uses machine learning, artificial intelligence, and blockchain to realize human communication in the real world. The icing on the cake is that Web 3.0 not only allows individuals to own their data but they will be compensated for the time spent on the Web.

Key Features of Web 3.0

There are a few fundamental differences between web2 and web3, but decentralization is at its core.

1. Semantic Web

The next evolution of the Web involves the Semantic Web. The Semantic Web has improved web technology to generate, share, and connect content through search and analysis based on the ability to understand the meaning of words (rather than keywords or numbers).

2. Artificial Intelligence

Combining this ability with natural language processing, in Web3, computers can understand information like humans to provide faster and more relevant results. They become smarter to meet the needs of users.

3. 3D Graphics

Three-dimensional design is widely used in Web3 museum guides, computer games, e-commerce, sites and services in a geospatial context, etc. are examples of the use of 3D graphics.

4. Connectivity

In Web 3.0, due to semantic metadata, information is more closely linked. As a result, the user experience has evolved to another level of connectivity that utilizes all available information.

5. Ubiquity

The content can be accessed by multiple applications, each device is connected to the network, and the service can be used anywhere.



Difference Between Web 1.0, Web 2.0, and Web 3.0

Web 3.0 examples in Real Life

Web 3.0 examples in real-life Web 3.0 has been implemented in various fields, including virtual assistance, education, social networking, messaging, exchange services, browsing, etc.

For example, when you are sitting in the office, if you want to check the supply of groceries at home, you can communicate with the connected smart devices at home to let your digital assistant check the items in the refrigerator.

In addition, you can use ubiquitous networked devices at home to organize your vacation plans, business trips, weekend parties, housework, and even ensure your home safety. Personalized recommendations from a virtual assistant can help you arrange the perfect weekend, from booking tickets at discounted prices to finding exciting places to explore, to booking hotels.

Web 3.0 and Blockchain

Blockchain is usually associated with Web 3.0, and it is difficult to understand whether they are the same or different.

Simply put, blockchain is the technology behind Web 3.0 (and other technologies such as the Internet of Things and artificial intelligence. More specifically, blockchain is the foundation of web3 because it redefines the data structure of the Semantic Web backend.

Web 3.0 and Metaverse

Since Facebook recently announced its new name “Meta", Metaverse has become a buzzword. The idea is to show that the company is rapidly moving towards Metaverse. However, Metaverse is still not a reality, but it will soon become the next evolution of the Internet.

The role of web 3.0 is crucial to making Metaverse a reality, especially if it uses blockchain technology. In other words, web3 will enable the virtual world to exist online and be accessed through a web browser.

Examples of Web 3.0 Applications

❖ Apple's Siri

❖ Wolfram Alpha

❖ Steemit

❖ Sola

❖ IDEX

❖ e-Chat

❖ Storj

❖ Everledger

❖ LBRY

❖ Ethlance

Final Thoughts

We are moving towards the Internet, where people can fully control their data and privacy, and allow companies to use (or not use) their data. All of this will be supported by blockchain.

Therefore, Web 3.0 will accelerate the honest and transparent use of user data, from personalized search results to the use of cross-platform development tools and 3D graphics. The web will become more immersive and interactive.

Microsoft Dynamics 365 Business Central (Everything you need to know anytime and anywhere!)

Dynamics 365 view of your business​​ 

Microsoft Dynamics 365 Business Central is a management software suitable for small and medium-sized companies, allowing customization according to the company's department and scale. It also allows you to add new features based on the development of your organization and its growing needs. Microsoft Dynamics 365 Business Central is a global solution that uses Microsoft Azure to integrate different areas of business into a single platform in the cloud to achieve full mobility.

In addition to optimal productivity, you can seamlessly integrate with Office 365, CRM for Sales, Power BI, and other Dynamics 365 applications through Microsoft's global integration. 

ERP Dynamics 365 Business Central can improve and automate all company processes and help optimize all processes to achieve better results.

 What is the Microsoft Dynamics 365 business Central?

Dynamics 365 Business Central is a business management solution for small and medium enterprises that can  optimize and simplify all business processes. Compared with its predecessor, Navision (Dynamics NAV), it also provides complete visual changes, making the user experience more flexible and complete.

Business Central is seamlessly integrated with CRM for Sales and Microsoft's CRM, providing a 360-degree view of the business and facilitating decision-making.

Another advantage of it is customization because it allows the management software to be expanded and adjusted according to the needs of each customer, and adapted to the characteristics and particularities of each activity department.

The Microsoft Ecosystem

Learn about the Microsoft stack

From familiar Office 365 solutions to Power Platform, Business Central has a wealth of wonderful products. Microsoft has invested heavily in the “stack” of its integrated products, which means that Business central  purchase orders can be created in Outlook and Power BI charts that appear in your Business Central role center. No other ERP on the market is surrounded by such an infrastructure, and we are very excited about future products!

How can I extend my Business Central solution?

Dynamics 365 Business Central is a flexible and feature-rich ERP solution. In addition to standard functions, you can also add additional functions to Business Central in areas that your business needs. Add Jet Reports for powerful organization-wide reports, Continia Document Capture to automate your AP process, Tasklet Factory to move your warehouse, just to name a few!

Dynamics 365 business center services

At Great Innovus, we have a team of experienced Dynamics 365 Business Central consultants who use Dynamics 365 Business Central and your business practices to improve your productivity and collaboration. From Dynamics 365 Business Central pricing and licensing to support and maintenance, migration to upgrades, our dedicated Dynamics 365 Business Central consultants can help you get the best efficiency through the Dynamics 365 Business Central system.

Why choose Great Innovus as your Microsoft Dynamics 365 Business Central partner?

As a well-known Dynamics 365 Business Central partner, Great Innovus has the expertise to handle the old version of Dynamics NAV. Our experienced Dynamics 365 consultants will assist you in taking advantage of the features of Microsoft Dynamics 365 Business Central while optimizing your business to provide excellent results.

❖ Trusted Dynamics 365 Business Central partner

❖ Microsoft Business Center Practice Expert

❖ Previous experience using Dynamics 365 Business Central

❖ Multiple business center implementation packages-quick start, quick and advanced models

❖ Cost-effective implementation method

❖ Certified business center professionals with more than 5+ years of experience

❖ Stellar customer reference

New technology trends for 2021

December 31, 2021 | Technology | No Comments

New Technology Trends for 2021

No one foresaw events that will change the world this year, but one thing is clear: technology is affected as much as other aspects of our lives.

Today's most important technology trends will play an important role in helping us cope with and adapt to the many challenges we face. From moving to working from home to new rules on how we meet and interact in public places, technology trends will become the driving force of management change.

In many ways, due to our increasingly online and digital lives, Covid-19 will become a catalyst for a series of changes that have already taken place.

According to LinkedIn's “LinkedIn’s ‘Jobs on the Rise – US’1 report, the demand for digital skills is increasing. It is estimated that 150 million technology-related jobs will be created globally in the next five years. Now, as we enter 2021, there are many new technologies that will shape the future of innovation.

New technologies

 1. Artificial Intelligence & Machine Learning
2. Robotic Process Automation (RPA)
3. Virtual Reality and Augmented Reality
4. 5G
5. Cryptocurrency
6. Data Science & Analytics

1. Artificial Intelligence & Machine Learning 

Artificial intelligence (AI) has attracted a lot of attention in the past decade, but it is still one of the new technology trends, because its significant impact on the way we live, work, and play are only in its early stages. Artificial intelligence is known for its advantages in image and voice recognition, navigation applications, smartphone personal assistants, carpooling applications, etc

By 2025, the artificial intelligence industry will grow to 190 billion U.S. dollars, and the global spending on cognitive and artificial intelligence systems will exceed 57 billion U.S. dollars in 2022.

Machine learning is a subset of artificial intelligence and has also been deployed in various industries, creating a huge demand for skilled professionals. Forrester predicts that by 2025, artificial intelligence, machine learning, and automation will create 9% of new jobs in the United States.

2. Robotic Process Automation (RPA)

Like Artificial Intelligence and machine learning, Robotic process automation or RPA is another technology that automates work. RPA is the use of software to automate business processes, such as interpreting applications, processing transactions, processing data, and even replying to emails. RPA automates repetitive tasks that people often perform in the past.

Although Forrester Research estimates that RPA automation will threaten the livelihoods of 230 million or more knowledge workers or about 9% of the global workforce, RPA is also changing existing jobs while creating new ones. McKinsey found that less than 5% of occupations can be fully automated, but about 60% can be partially automated.

3. Virtual Reality and Augmented Reality

According to Wikipedia, virtual reality is an experience that can be similar or completely different from the real world. It is widely used in the fields of education, training, and healthcare; to name a few. When talking about augmented reality, it refers to adding digital elements to the real-time view by using the front camera of a smartphone. The latest examples of AR are games such as Pokemon Go and Snapchat Lenses.

Due to the benefits of establishing immersion in a virtual environment, Metaverse development usually focuses on improving virtual reality technology. Metaverse is a proposed extension of existing Internet technology. Metaverse’s access points include general-purpose computers and smartphones, as well as augmented reality (AR), mixed reality, virtual reality (VR), and virtual world technologies

In 2019, the sales of AR and VR devices were 14 million units. It is estimated that the global AR and VR market will grow to 209.2 billion US dollars by 2022, which will only create more opportunities in trending technologies, and welcome more professionals to prepare for this game-changing field.

4. 5G Technology

5G technology is the next generation of cellular networks and services. It is expected to provide at least 20GBPS downlink and 10GBPS uplink, which will make the 5G network speed at least 40 times faster than the current 4G LTE. This will open the door to new services, network operations, and customer experience for telecom operators. Currently, the market is led by Switzerland, closely followed by South Korea and the US.

Almost all telecommunications companies, such as Verizon, T-Mobile, Apple, Nokia, and Qualcomm, are now working on developing 5G applications. By 2024, 5G networks will cover 40% of the world and handle 25% of all mobile traffic data, making it an emerging technology trend that you must pay attention to and make a place in it.

5. Cryptocurrency

Cryptocurrency and the blockchain technology it operates are seeking to have a significant impact on the business world. Many people have heard of these terms, but few people understand their meaning and the potential of these new technologies. Even large companies are scrambling to understand how this new technology will fit into their business models and systems in the coming years.

Cryptocurrency is a protocol built on the blockchain and developed as a form of virtual currency protected by cryptography, which is almost impossible to forge. Bitcoin is said to be the world's first cryptocurrency, and it is still the most valuable and popular virtual currency in the world. In fact, when El Salvador began to recognize Bitcoin as its official currency in September 2021, it became the first country to adopt cryptocurrency as legal tender. Companies in El Salvador now accept Bitcoin as a payment type as required by
law.

6. Data Science & Analytics

Data Science and Analysis Data science is the sexiest job is now an old saying. According to a report by Statista3, revenue from big data applications and analytics is expected to grow from $5.3B in 2018 to $19.4B in 2026. In any survey, the job role of data scientists continues to be ranked in the top three through LinkedIn or Glassdoor. With its applications in different industries such as finance, IT, and health, this is the latest technology you should learn in 2021.

Conclusion

Technologies continue to emerge and develop around us. These 6 technological trends provide promising career potential for the present and the foreseeable future. Most of these popular technologies welcome skilled professionals, which means that now is the best time for you to choose one of them, receive training and join in the early stages of these popular technologies, for your current and future success be prepared.