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January 19, 2018

Top 10 Lists From CES2018

Summary:

Many of the futuristic devices unveiled at CES2018 are relevant for insurance in one way or another (okay, maybe not the talking toilet).

Photo Courtesy of Pexels

CES (formerly known as the Consumer Electronics Show), has become the biggest tech event in the world. CES2018 was so massive that there could probably be 50 different Top 10 lists. Here are just a few of mine that I hope you will find interesting and useful.

  1. 5G and AI are the top enabling technologies for the connected world of the next decade.
  2. Voice assistants are everywhere – incorporated into every smart device possible.
  3. Everyone is talking about mobility (driverless vehicles, the sharing economy, smart cities reshaping transport).
  4. The next big user interface (UI) trend will be Augmented Reality for All (AR for All).
  5. Cutting the cord is a big trend (wireless power, untethered virtual reality (VR), wireless audio, etc.).
  6. Biometrics gain steam for security (facial recognition, fingerprint, voiceprint, iris scan, etc.).
  7. Smart Cities are gaining more visibility (they even had a special agenda and exhibit focus this year).
  8. AI is not only an enabler for the next decade, it is becoming dominant today.
  9. Specialized chips and sensors abound – for LiDAR, AI, visioning, and many other applications.
  10. Smart-home tech continues to proliferate, and winning platforms and companies are starting to emerge.

  1. BYTON vehicle: New car company with an awesome vision for a “smartphone on wheels.”
  2. Flexound: Sensation of touch added through sound waves.
  3. Bellus3D: 3D modeling of human face/head to create avatars, etc. (To see mine, click here).
  4. Aflac robotic duck: Cuddly animatronic, AI-based duck given to kids with cancer.
  5. IV-Walk: Vest to administer IV fluids and enable patients by providing more mobility.
  6. Foldimate: Automatic clothes-folding machine.
  7. LG Display’s roll-up TV: Ultra-thin 65” OLED TV display that can be rolled up.
  8. SapientX: Movie quality avatars for conversational AI.
  9. Monuma: Blockchain-based app to record and estimate the value of costly objects.
  10. Guardian by Elexa: Water monitoring system with leak detection and automatic shut-off capability.

  1. Tennibot: Autonomous tennis ball collector.
  2. Robomart: World’s first self-driving store.
  3. Phrame: Smart license plate frame.
  4. 90Fun Puppy 1: Self-driving luggage (yes, it follows you around).
  5. B-Hyve: Smart yard (monitors watering systems).
  6. Milliboo: Smart couch.
  7. Kohler: Connected, talking toilet, enabled by Alexa.
  8. Somnox: Small robot that you can cuddle and sleep with.
  9. Velco: Connected handlebars.
  10. Kuri: Robot that acts like a digital pet.

See also: Collaborating for a Better Blockchain  

What, you may ask, does this have to do with insurance? It turns out that many of these are relevant for insurance in one way or another (okay, maybe not the talking toilet). But overall, these lists give a small glimpse of the era of unprecedented innovation that is sweeping the world. The things that the insurance industry insures, the way insurers communicate with prospects and policyholders, the nature of risk and how insurers improve operations all are being affected by the trends in emerging technologies, and we are only at the beginning of the digital, connected world.

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About the Author

Mark Breading is a partner at Strategy Meets Action, which helps insurers develop and validate their IT strategies and plans, better understand how their investments measure up in today’s highly competitive environment and gain clarity on solution options and vendor selection.

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