The rate at which technology is evolving today is high as it keeps enabling speedy progress and change. After the pandemic, many things transformed in the way businesses work and serve customers. Business owners began to understand that their position/role won’t stay the same in this virtual world. In 2023, a company may now have to learn, relearn, and unlearn ways of doing things, either out of necessity or desire. With improvements in machine learning and natural language processing, AI (artificial intelligence) will be more common in 2023. Using this technique, artificial intelligence will be able to know us better and carry out more difficult tasks. For example, according to a report by Statista, the global technology industry expenses for the year 2022 are about $5.3 trillion. Looking at what the future will look like, growth in the global technology industry is predicted to continue at a 5% compound annual growth rate through the year 2024. Many of the world’s industries are working remotely as a result of the global pandemic. This article explores technological trends to expect come 2023.
6 Technological Trends to Prepare for Come 2023
The following are top technology trends business owners, especially small and medium-sized business owners, can make good use of to boost their productivity and profitability:
1. Datafication
Datafication, in its simplest form, is the process by which our physical world is transformed into digital forms, such as software or data-driven devices. To sum up, datafication is the process of replacing labor-intensive manual tasks with data-driven automated systems. You should be aware that data is likely to persist for far longer than humans will remember, from your office applications, smartphones, and industrial machines to AI-powered devices and any other thing! Therefore, storing data safely and securely is crucial because it is what many businesses are looking for in our current economy. IT specialists, data scientists, technicians, engineers, managers, and a wide range of other professionals will be in high demand because of datafication. For those who already have a firm grasp of technology and wish to work in this industry, the availability of certification programs in data-related specializations is very useful. Data roles are more on abilities than high-level degrees, with so many brilliant leaders coming from small cities and developing nations.
2. Applied Observability
With the support of applied observability, problems in modern global systems can be found and fixed more quickly and automatically. By comparing, gathering, and analyzing a continuous stream of data, applied observability enables you to keep an eye on the inner state of a multifaceted system and identify problems early enough to address them. Use observability to inspect and repair applications. The telemetry data that observability collects includes logs, traces, metrics, and dependencies. In order to give resources comprehensive and contextual knowledge about the situations they must address, it then connects them in real-time. Even better, you can employ ML, AIOps, and automation tools to address problems automatically.
3. Platform Engineering
Through self-service and automation features, platform engineering enhances a developer’s experience, boosts productivity, and speeds app delivery while fostering improved communication between software developers and operators. Through reusable capabilities and tools, it seeks to modernize the delivery of software products. A seamless development process with no overhead, self-service options, decreased cognitive burden, higher efficiency, better consistency, and seamless cooperation are necessary to release the program as soon as possible. Platform engineering seeks to redesign and create a platform using standardized parts and automated procedures that is in tune with the requirements of its users.
4. Drone Technology
The drone industry is set to take off by 2023. The supply chain is already experiencing significant disruption, so any more uncertainty will only serve to impede logistics and delivery times. This leads to unhappy customers and broken business connections. Just imagine if businesses could employ unmanned aerial drones to provide last-mile services and reach out to previously inaccessible areas. The agricultural, construction, media, security, and even military sectors are all likely to enhance their use of this technology. Companies who invest in drone technology want to save expenses by cutting down on things like fuel and duplicate labor, reducing risk, enhancing revenue growth, and improving decision-making based on analysis of data received by these technologies.
5. The IoT (Internet of Things)
The IoT (Internet of Things) is a network of connected computers, items, animals, digital machines, and people that all have unique identities (UIDs) and may exchange data without the need for human-to-computer or human-to-human communication. The IoT has a wide range of applications. Below are some products being developed using this technology:
- Smartwatches
- Smart homes
- Smart cities
- Digital health
- Connected cars
6. 5G Network
Beyond LTE (Long-term Evolution) mobile networks, the 5G happens to be the fifth generation of mobile broadband. It is a popular and revolutionary technology that strengthens our network connections. We will achieve faster, more reliable, and more secure communications thanks to 5G. Hence, we will soon be holding 5G mobile devices. Here are just a few uses for the 5G network:
- IoT and broadband improvements in healthcare
- Remote gadget control
- Autonomous vehicles
Aspirants should have strong technical skills and a solid understanding of cutting-edge technologies including mobile edge computing, SON, mesh networks, network slicing, etc. if they want to become 5G Telecom Engineers.
Prepare for the 2023 Technological Trends with Managed IT Asia
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