Artificial intelligence (AI)
Software algorithms that are capable of performing tasks that normally require human intelligence, such as visual perception, speech recognition, decision-making, and language translation.
Augmented reality (AR)
Addition of information or visuals to the physical world, via a graphics and/or audio overlay, to improve the user experience for a task or a product.
Distributed electronic ledger that uses software algorithms to record and confirm transactions with reliability and anonymity.
Air or water-based devices and vehicles, for example Unmanned Aerial Vehicles (UAV), that fly or move without an on-board human pilot. Drones can operate autonomously (via on-board computers) on a predefined flight plan or be controlled remotely.
Internet of Things (IoT)
Network of objects — devices or vehicles, for example — embedded with sensors, software, network connectivity, and compute capability, that can collect and exchange data over the Internet. IoT enables devices to be connected and remotely monitored or controlled.
Electro-mechanical machines or virtual agents that automate, augment or assist human activities, autonomously or according to set instructions — often a computer program.
Virtual reality (VR)
Computer-generated simulation of a three-dimensional image or a complete environment, within a defined and contained space (unlike AR), that viewers can interact with in realistic ways.
Additive manufacturing techniques used to create three-dimensional objects based on digital models by layering or “printing” successive layers of materials.