Top 8 Emerging Technology Trends in 2023
Lucid Technologies, Inc
Information Technology, Business Consulting, and Strategic IT Solutions
We live in an era where every day new technology is emerging to make life better, simpler, and more advanced. This is called the information age. Today, technology is evolving at an exponential rate. New technology is helping business organizations to enhance customer experience, increase profits and reduce costs.
According to Media Peanut, the tech industry has a 5-6% growth pattern yearly. COVID- 19 pandemic has boosted businesses’ digital transformation journey, and the goal is now closer than anticipated that by 2023, nearly 50 billion devices will have internet connectivity.
Here are our picks of the emerging tech for 2023, Let’s get to unraveling them.
Let’s look at the technology trend of 2022, before diving into the trends of 2023. Apart from the cryptocurrency and the hype of 3d-printers, some technologies fared well like Metaverse, remote technologies, Hyper-automation, Data and analytics.
Top Emerging Technologies in 2023
1.????Drone Technology
In 2023, Drone Technology is ready for take-off. The last-mile deliveries can be shifted to unmanned aerial drones by businesses and let them reach hard-to-reach places. Drone technology is used by companies for better cost savings by slashing fuel expenses and redundant labor costs, higher revenue growth, and reducing risk.
2.????Blockchain Technology
Blockchain will gain traction as a trust-building technology in 2023. The pillars of Blockchain are privacy, traceability, encryption, immutability, community control, and decentralization which ensure it stays trustworthy. It creates a single secure path toward the end goal and eliminates intermediaries. For transmitting information, managing, and recording, blockchain acts as a distributed-ledger system.
3.????Metaverse and Web3
For making digital environments more impactful and personalized, Metaverse will couple with our offline interactions and behavior, and transmit information. Metaverse and Web 3.0 are all set to provide an entirely different dimension to interactions and everyday experiences.
4.????Wireless- value realization
To reduce capital investment, a more secure, reliable, cost-efficient, unified, and scalable technical core of the future wireless will support. To better leverage the new wireless to pull data from the environment, the Internet of Things (IoT) wave will help. There will be applications in energy harvesting, location tracking, satellite tech, radar sensing, and other areas.
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5.????Platform engineering
Platform engineering increases productivity and improves the developer experience through automation and self-service capabilities. Through reusable tools and capabilities, it plans to modernize the organization’s software delivery.
6.????Industry cloud platforms
Integrated data fabric and business-specific capabilities are used by Industry cloud platforms to quickly adapt applications to market disruptions. According to Gartner, approximately 40% of respondents have already started embracing industry cloud platforms. By 2027, to accelerate more than 50% of their critical business initiatives, organizations going to use this.
7.????AI TriSM
AI TriSM stands for AI Trust Risk & Security Management. It consists of techniques and solutions to send alerts, manage risks and act. It ensures that AI technology does what it is intended to do in an effective, fair, secure, reliable, and trustworthy manner.
8.????Digital Immune System
According to Gartner Survey, businesses that invest in digital immunity will increase customer satisfaction by decreasing downtime by 80%.
The fundamental concepts of digital immunity combine to ensure systems don’t crash, issues get corrected fast, and provide uninterrupted services.
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