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Artificial Intelligence (AI) is the technology that allows machines to learn. AI seems foreign and scary to some, but you use AI every time you search on Google, order a product from Amazon, or post on Facebook. However, there’s more to AI than social media and search; this powerful tool can propel a business forward, whether it’s the manufacturing floor, the marketing department’s cubicles, or the office boardroom.

The Internet of Things (IoT) is a means to connect devices and appliances to the internet. This is the technology that enables your refrigerator to order more milk and what links the exercise machines at the gym to your smartphone.

Augmented Reality (AR) uses software to add artificial elements to real-world images in real time.

You see AR when watching football games on TV, as announcers show the first down line and circle players to discuss the play. The world heard about AR when Pokèmon Go sparked a phenomenon of people walking around, using their mobile devices to catch artificial Pokèmon characters.

Virtual Reality (VR) is using software to manipulate one’s senses. We enter the VR world by using headsets, headphones, and other devices, which simulate a fictitious reality. While seen by some as a superb instrument for video gaming, VR has many business applications.

Blockchain is changing the internet. It’s a digital ledger that allows information to be distributed but not copied. In simple terms, a block is a record of new transactions. Think of it as a shared database that’s constantly getting reconciled and updated — but you can’t change the information already posted. It’s hosted by millions of computers at once and doesn’t belong to one person or entity, making the system more secure. Blockchain is often compared to Google docs, a row of safes, or DNA.