10 future IT trends and predictions for 2023 you should consider for better digital transformation
The most recent IT Trend such the Internet of Things, virtual reality, augmented reality, and artificial intelligence. It will consider the pandemic’s effects as well as how organizations responded to it. The pandemic then struck, causing a frenzy of lockdowns, quarantines, social distancing rules, and strict sanitation guidelines. While different industries dealing with the pandemic to varying degrees of success, the agreed-upon solution is to accelerate digital transformation, which includes all core information technologies.
1. Accelerated Digital Transformation
Before the pandemic, industries were not ignoring digital transformation. They were, however, deploying it at their own pace. Prioritizing specific processes and functions was necessary in many cases. Organizations were forced to shape up quickly or shut down when lockdowns sent workers home. Those who chose the former had to jump right in, installing Zoom, Slack, Microsoft Teams, and other tools to help with communication and work management at home.
2. Ubiquitous Artificial Intelligence
From the pandemic to 2030, artificial intelligence is expected to contribute $15.7 trillion to the global economy, accounting for 26% of the global GDP during the same period. Since the first AI program in the 1950s, it has found application in every aspect of human activity and industry, from consumer to industrial hardware and software. People are constantly exposed to artificial intelligence, demonstrating its wide range of applications.
3. Internet of Things
The Internet of Things is expanding at an alarming rate, as evidenced by this IoT Statistics compilation. In 2019, there were approximately 26 billion IoT devices installed worldwide. The pandemic did wipe out approximately 8.2% of IDC’s 14.9% growth forecast for November 2019. In specific terms, this translates to $742 billion in global IoT revenue in 2020 after accounting for the effects of the pandemic.
Cybersecurity is old news that has never gone out of style and is unlikely to do so in the future. Every day, new types of cyber threats are discovered. IT security software, antivirus, and other cybersecurity defenses are the only things standing between our data and malicious activities. As long as the internet is used, threats will exist, and thus the cybersecurity industry will thrive.
While large corporations may be the most concerned about cyber-attacks, smaller businesses are more vulnerable.
5. Alternatives to Cloud Computing
Cloud computing was initially regarded as a breakthrough and quickly became popular. Until it was put in place and became the norm. While the cloud still refers to someone else’s computer, it does come with a slew of advantages. These include naming a few, dependability, improved disaster recovery, cost reduction, and collaboration. Cloud adoption is, in fact, a must for small businesses. However, new technologies are currently being developed that have the potential to overthrow the reign of cloud computing.
6. 5G Network
The next big thing in mobile internet connectivity is 5G networks. It has finally become a reality in some areas after nearly a decade of development. It provides unprecedented transmission speeds that far outperform its predecessor, 4G. And, with a transfer rate of gigabytes per second, 5G is faster than virtually any home broadband available. Although 5G brings a significant increase in speed, it is more than that. It will also make significant advances in smart device technology.
7. Virtual Reality
Virtual Reality (VR) transports the user to another world. It makes them feel as if they are experiencing the simulated environment firsthand by stimulating their hearing and vision. Virtual reality gaming is the most popular application, with PlayStation VR and Facebook’s Oculus leading the market. VR is used in other forms of entertainment besides games. For example, some theme parks use VR to give their visitors a more immersive experience.
8. Augmented Reality
Many people mix up Augmented Reality (AR) and Virtual Reality (VR). They have some similarities, but they are fundamentally different. AR augments real-world views with digital images. This is typically an app that interacts with camera lenses. Typically, the overlay images blend into reality in such a way that users can easily distinguish them. Snapchat and the game Pokémon Go are two of the most popular AR applications. Because of its numerous real-world applications, many consumers welcome AR.
Chatbots have grown in popularity among small and large businesses alike as machine learning has advanced. When we combine that with natural language processing (NLP), we get a more responsive, intelligent, and human-like conversational agent. Chatbots are commonly used in customer service. It’s also one of today’s most popular SMB technological trends. A chatbot is a program whose primary function is to simulate human conversation.
In its most basic form, blockchain is just data that you can add to. It’s similar to connecting blocks to form a chain, hence the name. The fact that previous blocks cannot be changed is the key to its security. Another distinguishing feature of blockchain is that it is not governed by a single entity. The technology is commonly associated with cryptocurrencies such as Bitcoin, but it is much more. Blockchain attracted a lot of snake-oil salesmen when it was first introduced.