Emerging technology

An emerging technology is a new, potentially promising technology perhaps demonstrated in the lab, but not developed enough to clearly identify all of its uses and benefits. Investments in emerging technologies tend to be more positioning than ROI. In the history of technology, emerging technologies[1][2] are contemporary advances and innovation in various fields of technology. Various converging technologies have emerged in the technological convergence of different systems evolving towards similar goals. Convergence can refer to previously separate technologies such as voice (and telephony features), data (and productivity applications) and video that now share resources and interact with each other, creating new efficiencies. Emerging technologies are those technical innovations which represent progressive developments within a field for competitive advantage;[5] converging technologies represent previously distinct fields which are in some way moving towards stronger inter-connection and similar goals. However, the opinion on the degree of impact, status and economic viability of several emerging and converging technologies vary.