3/11/2020 SMART

TECHNOLOGIE
S
LATEST TECHNOLOGIES

SUPERIOR UNIVERSITY
LAHORRE
 SMART TECNOLOGIES IN 21 CENTURY
ASSIGNMENT: 1
SECTION: BBA 3C
SUBMITTED BY: AMEER ALI
ROLL NO: BBHM-F19-253
SUBMITTED TO: MS AMMBER

SUPERIOR UNIVERSITY LAHORE

RAIWIND ROAD CAMPUS
10 LATEST TECHNOLOGIES
1. DIGITAL PLATFORMS
2. 5G(5th GENERATION OF CELLULAR NETWORK)
3. EURO 5 PETROL
4. ARTIFICIAL INTELLIGENCE
5. VIRTUAL REALITY AND AUGMENTED REALITY
6. AGRICULTURE HUGE MACHINES
7. BLOCKCHAIN
8. SMART BAND
9. VENTILATORS
10. RPA (ROBOTIC PROCESS AUTOMATION)

DIGITAL PLATFORMS:

In business enterprise terms, a digital platform can be thought of as the sum total of a place for
exchanges of information, goods, or services to occur between producers and consumers as
well as the community that interacts with said platform. It is imperative to understand that the
community itself is an essential piece of the digital platform and that without that community;
the digital platform has very little inherent value. We interact with digital platforms on a
constant basis thanks to the success of the digital platform approach. Digital platforms take
many different forms depending on the business model they employ and the specific purposes
they seek to serve.
Examples: Social media platforms like Facebook, Twitter, Instagram, and LinkedIn.
Knowledge platforms like Stack Overflow, Quora, and Yahoo! Answers. Media
sharing platforms like YouTube, Spotify, and Vimeo. Service-oriented platforms like Uber,
Airbnb, and GrubHub.
Advantage
The biggest benefit a digital platform can bring the business is that it puts people in the focus of
the business. Having simply a website will not do it. Next, you can use the tools for many
purposes, but incorporating them into a digital platform means taking exactly what the
company needs.
Disadvantage
Though this has been one of the best technological advancements for a business of all sizes, it
has also its fair share of downsides and challenges that you should be aware. High competition,
Dependability on Technology etc.

5G (5th GENERATION OF CELLULAR NETWORK):

5G is the 5th generation mobile network. It is a new global wireless standard after 1G, 2G, 3G,
and 4G networks. 5G enables a new kind of network that is design to connect virtually everyone
and everything together including machines, objects, and devices. 5G wireless technology is
meaning to deliver higher multi-Gbps peak data speeds, ultra low latency, more reliability,
massive network capacity, increased availability, and a uniform user experience to more users.
Higher performance and improved efficiency empower new user experiences and connects new
industries.
EXAMPLE:
 5G technology will significantly improve services related to public safety in cities that adopt
IoT. The real-time analysis of video recordings from public places, along with biometric
software, can quickly identify dangerous situations and automatically alert the authorities in
cases of car accidents or terrorist attacks. Unlike the CCTV systems used today, 5G-trained
equipment can be update over the air and data management platforms will interconnect
various services. The connected 5G equipment can also be implement with mobile network
coverage (eliminating the need for fixed wiring) and will be extend to mobile devices such as
drones and robots.
Advantage
Merging 5G networks feature lower latency, higher capacity, and
increased bandwidth compared to 4G. These network improvements will have far-reaching
impacts on how people live, work, and play all over the world. Emerging 5G networks feature
lower latency, higher capacity, and increased bandwidth compared to 4G.
Disadvantage
However, 5G technology is research and conceptualized to solve all radio signal problems and
hardship of mobile world, but because of some security reason and lack of technological
advancement in most of the geographic regions, it has following shortcomings

 Technology is still under process and research on its viability is going on.

 The speed, this technology is claiming seems difficult to achieve (in future, it might be)
because of the incompetent technological support in most parts of the world.

 Many of the old devices would not be competent to 5G, hence, all of them need to be
replaced with new one expensive deal.

 Developing infrastructure needs high cost.

 Security and privacy issue yet to be solve.

EURO 5 PETROL:

PSO is the First Oil Marketing Company to make Euro 5; a world-class standard fuel available in
Pakistan. It is a fuel standard that helps in reducing harmful vehicle emissions, which further
minimizes the impact on our environment, thus benefitting the ecosystem while improving an
engine's performance.
Advantage
Benefits include more complete combustion for maximum power, cleaner fuel injectors,
reduced ignition delay, enhanced cold start performance, and better protection against engine
corrosion. “Since the rollout in September last year, we have been receiving excellent
feedbacks on Turbo Diesel Euro 5 from customers.

Disadvantage
We have seen over the years that the inferior quality of fuel in Pakistan not only causes
pollution but also causes problems for vehicles that burn it. The Prime Minister also indicated
last year that Pakistan will start using a better grade of fuel in the near future. Inferior quality
fuel also clogs up catalytic converters in cars. Currently, Euro 6 is the most refined and highest
quality fuel available in the world. Seeing this, Euro 5 grade fuel is a huge step in the right
direction for Pakistan.

ARTIFICIAL INTELLIGENCE:

Artificial intelligence (AI) is wide-ranging branch of computer science concerned with building
smart machines capable of performing tasks that typically require human intelligence. AI is an
interdisciplinary science with multiple approaches, but advancements in machine learning and
deep learning are creating a paradigm shift in virtually every sector of the tech industry.
Example

  Google Maps and Ride-Hailing Applications. One doesn't have to put much thought into
traveling to a new destination anymore.

 Face Detection and Recognition.

 Text Editors or Autocorrect.

 Search and Recommendation Algorithms.

  Chatbots.

 Digital Assistants.

 Social Media.

 E-Payments.
Advantage

 AI drives down the time taken to perform a task.

 AI enables the execution of hitherto complex tasks without significant cost outlays.

 AI operates 24x7 without interruption or breaks and has no downtime.

 AI augments the capabilities of differently abled individuals.

Disadvantages

 High cost of implication. Setting up AI-based machines, computers, etc.

 Cannot replace humans. It is beyond any doubt that machines perform much more
efficiently as compared to a human being.

 Does not improve with experience.

 Lacks creativity.

 Risk of unemployment.

VIRTUAL REALITY AND AUGMENTED REALITY:

Augmented reality (AR) adds digital elements to a live view often by using the camera on a
smartphone. Examples of augmented reality experiences include Snapchat lenses and the game
Pokemon Go. Virtual reality (VR) implies a complete immersion experience that shuts out the
physical world.
Example
The first aspect to be emphasize is obviously the 3D visualization “as it should be” of the
product: the customer can make changes and create a product perfectly in line with his own
needs and tastes. The utility, obviously, lies in a greater possibility of increase sales, but also to
inform the customer in an “innovative” way regarding promotions, discounts or other purchase
opportunities directly in the store.
Advantage

 It provides a much-enhanced sense of reality than any other technology in use.

 It reduces the difference between what is digitally generate, and which is real in physical
world.
 The instructions provided in the AR based application makes it easy to understand the
workflow of the application.
 It possesses a highly interactive nature which enable to assess several instances in
advance.

 Success or failure of an instance can be determined by using the computing power of
AR, thus saving a ton of money.
Disadvantage

 One major drawback of AR based application is the lack of privacy

 AR based applications or devices cannot be leveraged without appropriate training thus
increase costs and time involved.
 With so limited difference between reality and digital world, sometimes extreme conditions can
be simulate, which might prove to be dangerous for individuals.
 The applications or devices associated with AR technology suffers from lack of privacy thus
putting user data at risk
 There is a huge list of hardware and software resources required for the implementation of AR
technology.

AGRICULTURE HUGE MACHINES:

Modern Technology Agriculture Huge Machines in the World Biggest Farm Equipment Tractor.
Advantage
Modern agriculture in the US and many other countries would not be possible without the use
of machinery at this point. Farm work is hard work and pays very little. Few people in the US
and other developed countries are willing to work that hard for so little. A tractor, while it may
be an investment upfront, works all day and night without needing rest or pay. The only cost is
fuel to run it and yearly maintenance. A distinct advantage of mechanized farming is that it
allows one man, on one piece of machinery, harvest hundreds of acres a day for the cost of a
tank of diesel fuel. Very little of our current population farms. 1% in fact, and that 1% has to
feed the rest of the population, and their only help is from machinery.
Disadvantage

 If we use the more fertilizer as compared to recommend, then it will reduce the soil
fertility

 Due to lack of education farmer are unable to run the machine properly

 Due to high cost of maintenance of machine, it will increase the financial burden on
farmer.

 It may be lead to environmental hazard

 No doubt, technology has some merits and demerits but if we can use it moderately we
can increase our production.

BLOCKCHAIN:
Although most people think of blockchain technology in relation to cryptocurrencies such as
Bitcoin, blockchain offers security that is useful in many other ways. In the simplest of terms,
blockchain can be describe as data you can only add to, not take away from or change. Hence
the term “chain” because you are making a chain of data. Not being able to change the
previous blocks is what makes it so secure. In addition, blockchains are consensus-driven, so no
one entity can take control of the data. With blockchain, you do not need a trusted third party
to oversee or validate transactions. You can refer to our Blockchain tutorial for a detailed and
thorough understanding of the technology.
Advantage
The basic advantages of Blockchain technology are decentralization, immutability, security, and
transparency. The blockchain technology allows for verification without having to be dependent
on third parties. The data structure in a blockchain is append-only. Therefore, the data can not
be altered or deleted.
Disadvantage

 Blockchains use excessive energy.

 Blockchain is not a huge distributed computing system.

 Mining does not provide network security.

 Blockchain entries do not last forever or are not immutable.

 Scalability remains blockchains weakness.

 Blockchain is not indestructible.

SMART BAND:
An activity tracker, also known as a fitness tracker, is a device or application for monitoring and
tracking fitness-related metrics such as distance walked or run, calorie consumption, and in
some cases heartbeat. It is a type of wearable computer.
Advantage

 They don't just tell the time.

 A travel buddy right on your wrist.

 Finding a phone, key or device is even easier.

 They work as a good fitness tracker.

 Reply to messages & receive calls instantly. ...

 See your social media notifications.

 You are even connected while doing activities.

Disadvantage
This is one of the main disadvantages of a smartwatch. Typically, smartwatches can only be
used 1 to 2 days after a full charge. Some do not even last for one day, especially if you use
power-hungry features. If you forgot to charge it, you will end up having a dead watch the next
day.

VENTILATORS:
Launched indigenously manufactured ventilators amid the country's battle against the raging
coronavirus pandemic. Prime Minister Imran Khan handed over the first tranche of ventilators
called "safe vent" to the National Disaster Management Authority (NDMA) -- a state-run agency
that coordinates between different relief organizations -- at a ceremony in the northwestern
Haripur city, said Science and Technology Minister Fawad Chaudhry. "A landmark achieved …
first badge of Made in Pakistan ventilators safe vent handed over to NDMA by Prime Minister
Imran Khan," Chaudhry said on Twitter, asserting the country has joined a "handful" of
countries producing the "complicated medical machinery". Three more designs of the lifesaving
machines are also in the final phase of development, he told parliament last week.
Advantage

 The patient does not have to work as hard to breathe – their respiratory muscles rest.

 The patient's as allowed time to recover in hopes that breathing becomes normal again.

 Helps the patient get adequate oxygen and clears carbon dioxide.

Disadvantage
Muscle weakness. Using a ventilator decreases the work your diaphragm and other breathing
muscles have to do, so they can become weak. This may lead to some problems and delays in
being take off the machine.

RPA (ROBOTIC PROCESS AUTOMATION):

Robotic process automation is a form of business process automation technology based on
metaphorical software robots or on artificial intelligence /digital workers. It is sometimes
referred to as software robotics.
Advantage

 Cost Savings. One of the biggest advantages of robotic process automation is the

immediate and significant reduction in expenditure it can deliver.
  Quality, Accurate Work. Let's face it.

 Enhanced Cycle Time.

 Employee Empowerment.

 Simplicity and Flexibility.

 Better Control.

 Insights and Analytics.

Disadvantage
The automated task increases unemployment. RPA is reducing the need for human power, so it
has the potential to eliminate the jobs of repetitive tasks. Due to unemployment, labor is
increase in the market.