Even in the face of uncertain futures, ambitious strategic goals like increasing revenues and advancing digital business necessitate action. Setting your action plan with the aid of these top technological developments is essential for success.
We have stepped into 2023 and the yearly tradition of seeing technological trends and forecasting the upcoming solar orbit gets underway. Inherently dangerous, such activities are always fascinating. This is especially true in tumultuous times like the ones we experienced during the pandemic and then later with the fear of countries being at war. However, staying ahead of time and being accustomed to changes is the way to go.
Given how quickly technology is developing, there are constantly new gadgets, quicker speeds, and practical improvements to investigate. For 2023, experts have identified some fascinating developments and trends. These include the Metaverse, sometimes known as the future of the internet, artificial intelligence-generated content, smart eyewear, and new and improved sustainable technology.
Gartner’s Top 10 Strategic Technology Trends for 2023 can be summarized into the following points
- Optimizing: protecting the value integrity of production AI systems, increasing data-driven decision-making, and optimizing IT systems for increased dependability.
- Scaling: expanding the scope of vertical products, speeding up the production process, and enabling communication everywhere.
- Engaging: advancing methods to access new virtual marketplaces and breaking new ground in business model change and engagement with customers and employees.
Sustainability is at the core of all of these trends. “Every technology investment needs to be weighed against its impact on the environment, as well as future generations. ‘Sustainable by default’ requires sustainable technology,” says Gartner’s David Groombridge.
Let’s take a look at the top trends that will rule our tech world in 2023!
All about AI
Despite the fact that artificial intelligence (AI) has been around for a long time, we are just now starting to explore its capabilities. The new AI technology, which is expected to take off in 2023, promises creativity and will present the globe with original visuals, sounds, and music. You will be able to utilize your digital avatar to communicate on your behalf thanks to language algorithms that enable AI to identify and emulate human dialogue. In 2030, PwC predicts that AI will add $15.7 trillion to the global economy. As a result of AI’s ability to drive greater product variety, 45% of total economic gains are expected to come from product enhancements by 2030.
Machine Learning
Machine learning will still be a bright and quickly expanding discipline in 2023, with numerous intriguing innovations. In 2023, ML will be used more and more in the following technical fields: autonomous systems, distributed enterprise management, creative AI, and cyber security. ML will spread to more industries in 2023, enhancing productivity and job security.
Get ready for Metaverse
According to experts, the metaverse will contribute $5 trillion to the world economy by 2030, and 2023 will be the year that determines the metaverse’s course for the following ten years.
The fields of augmented reality (AR) and virtual reality (VR) will develop further. The metaverse workplace is one to keep an eye on; in 2023, we’ll have more immersive meeting spaces where we can collaborate, brainstorm, and create together.
As of 2023, companies will increasingly use metaverse technology for training and onboarding, such as AR and VR.
Watch out for Web3
Additionally, 2023 will see a huge advancement in blockchain technology as businesses produce more decentralized goods and services.
In the coming year, non-fungible tokens (NFTs) will be easier to use and more useful. For instance, NFT concert tickets may allow you access to backstage activities and artefacts. NFTs might represent the contracts we enter into with third parties or they could be the keys we use to interact with many of the digital goods and services we purchase.
Sustainable Technology
In 2023, there will be a drive toward greener technology. We are all addicted to technology, such as our tabs, smartphones, laptops, and computers, but where do the parts come from that are used to make these devices? People will be more interested in where the rare earth materials used in products like computer chips come from and how we use them.
Keep up with the most recent business and technology trends to remain ahead of the curve. Read more about the tech world with Vyom Labs.
About the Author:
Prashant Deshpande
Executive Vice President
Prashant heads global delivery of Vyom Labs consisting of various practice units such as BMC and ServiceRize. Prashant has illustrious career over thirty years in information technology and has served at senior executive levels with global companies such as: IBM, BMC, Veritas and Citibank.
Prashant has built, scaled and managed various IT, professional services & product development/support organizations.
His technical expertise is in IT infrastructure management, automation and managed services. He is passionate about business transformation using cognitive technologies such as AI and machine learning.