Yes. I know.
Most of the trends listed in this blog have been going around since the last 5 years maybe, and are still making it in the list of 2023. Some of them, despite the hype, took a long time to come into the market, some are emerging as a trend, and some are still miles away.
But the trends mentioned in the list are there for a reason and that is because these already present and yet-to-emerge technologies are important.
Here are the top 10 technological trends for 2023:
5G
It has arrived. Yes, finally.
With companies like Huawei, Samsung, Nokia, etc bringing in devices and systems supporting 5G, 2023 will see elevated user experience with faster speed for uploads and downloads.
There will be exponentially less latency and gaps when the devices are required to communicate with each other. Organizations could make use of the superfast mobile broadband which would help in increasing the efficiency and productivity of the company.
CONNECTING THE CONSUMER EXPERIENCE
Personalized and seamless customer experience is one of the services companies want to provide to their customers. With an organization using more than 800 apps on an average, it is becoming a lot more difficult for them to offer a frictionless user experience.
Proffering synced and impeccable services are going to be the key objectives of the organizations in 2023.
DATA-DRIVEN BUSINESS
Analyzing data is an effective way to gain an insight into how to better and upgrade user experience, rationalizing operations, and efficiently introducing the latest products and services of the organizations.
Organizations would prefer its different departments to be in sync with each other, sharing insights and providing feedback to each other. This would help in not only maintaining a good inter-departmental synergy but also delivering better products and services.
AI, ML & DL
Analytics and AI, ML, DL go hand in hand and are interdependent. For a layman with no concept of any of the above, AI stands for Artificial Intelligence, ML stands for Machine Learning and DL stands for Deep Learning.
AI helps to reduce cognitive biases, thereby improving productivity and individualizing user experience.
ML would help in automating most of the tasks, hence removing the possibility of human errors and biases.
DL, which is a notch higher than ML, helps to find answers with a high level of accuracy, thereby increasing the productivity of the company.
All these three elements help an organization make use of the data and analytics. Investing in data analytics without investing in AI, ML & DL would be like buying a dog collar when you don’t have a dog itself.
At the end of the day, you need a bow to pull an arrow.
USE OF APIs
APIs are the solutions to the problems involving the movement of application workloads among multiple clouds. By using APIs, organizations can make use of the functionalities available in multi-cloud environments.
It helps in integrating third party applications and technologies, thereby enabling faster innovation, and improvement of the product.
Use of containerized apps is also advisable. These apps collect the data and all its dependencies as a package and run efficiently.
COLLABORATION WITH IT TO ELEVATE BUSINESS
By partnering-up with IT, businesses can take full advantage of the booming technology trend, enabling the business to transform itself digitally.
From security, analytics, IoT to voice recognition, APIs and streaming events, business organizations are investing more and more on distributed technologies that enable not only sharing of resources but also software.
ELEVATED WIFI SPEED
With the advent of 5G, expect Wifi with higher speed and connectivity. It does not stop at that. With higher processing speed, Wifi 6 will also be able to connect up to 50 devices to a network at one time. This would not only help in easing the pains of Wifi 5, but will also lightning-fast and more efficient user experience. Wifi 6 would also have the advantage of handling high loads of data and users simultaneously, thereby increasing the quality of service availed by the users.
SMART EVERYTHING
Flying taxis, for example, Volocopter, an initiative taken by UK-based Skyports Ltd. and Germany’s Volocopter GmbH, have already started spreading their wings. It’s even said that a ride on a Volocopter is going to cost as much as a regular taxi ride. Most of the cities of the world already are Wifi connected, and with the spread of technology in the world, the day is not very far when the whole world would be interconnected. Every industry, ranging from manufacturing to fashion, is going to be bitten by the technology-bug, which would also result in our lives being changed by technology.
PRECISION AGRICULTURE
With the emergence of GPS and GNSS, it has also resulted in the advent of precision farming. This practice of farming is based on “observing, measuring and responding to inter and intra-field variability in crops” and helps the farmer to analyze and fix the time for planting and harvesting the crops.
Due to the huge number of benefits being reaped by farmers after practicing this type of farming- higher quality of harvests, less use of chemicals and water, among a few- new technologies have also surfaced. From drones to autonomous tractors, precision farming is here to stay.
3D PRINTING
This industry is evolving day by day and will grow by leaps and bounds even in 2023. With the ever-evolving industry, the technologies associated with it are also getting updated simultaneously. 3D printing would continue to strengthen its role in industries ranging from manufacturing and architecture, to medicine and art, and filling up the void.
Apart from these technologies, Xaas, ACPCs, Conversational AI, RPA- to name a few- are also going to create an impact in the upcoming year on businesses as well as our daily lives.
As we know, our world is ever-changing. But since the world of technology is in a state of flux, it would be exciting to know what other innovations come into play in the year 2023.
