Predict the Future: What are your top technology predictions for 2023?
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My two cents:
Make no mistake, 2023 will be a tough year for businesses. Nice to have technologies will become not nice to have in 2023.
There will be a deepening return to common sense cost saving, cash flow enhancing, profit creating business technology investments.
Technology that improves employee and customer experience AND the bottom line in particular is going to win out this year when it comes to IT budgets.
1. The digital and the real worlds will merge more and more as the Metaverse grows in impact and importance.
2. Demand for Cybersecurity will grow as businesses that digitally transformed during covid discover they need protection.
3. AI will be everywhere and will commoditize 40%+ of what businesses do - Generative AI will be the hot AI tech.
4. Lots of white collar tasks will get automated much to those workers surprise.
5. Someone will find a profitable, widespread commercial use for crypto and blockchain.
6. Inflation, recession and higher operational costs will force businesses to automate.
7. Regardless of recession etc., customers will still demand better experiences.
8. Demand for SI who offer outcome based contracts will grow.
Metaverse
- In education, industrial and entertainment, the use of metaverse will come into it's own during 2023
Blockchain/smart contracts/DeFi
- blockchain will breakout from the crypto focus and we'll begin to see the real potential of it to enable new business models (smart contracts and DeFi as areas of key enablement and opportunity).
- Security and Identity will start to really shine in replacing the Advil/Tylenol we've all been using to treat the symptoms of our existing broken security strategies
Edge Computing
- Most people don't realize how much edge computing is already permeating the world. However, by the end of 2023 it will become very obvious to anyone looking. Enabling metaverse, blockchain, IoT, supply chain, retail, medical and many more important areas of opportunity.
Revolution of cognitive robotics through major improvements in hardware and software.
The rapid growth of technology and software utilized in the next generation of robots, along with fast, edge-based processing capacity, enables robots to synthesize a plethora of sensory input into a holistic understanding of their environment. As a result, robots are now capable of really and securely engaging with people in the workplace. Robots can already see, feel, hear, and behave in their human-centered world thanks to speedier operating systems and AI-driven continuous learning. When combined with reduced hardware prices owing to modular robot design and lower implementation costs due to AI capabilities, the addressable market for robot-based automation is expected to grow several-fold.
Robotics will significantly expand and proliferate in our daily lives as a result of technology advancements. While the industrial robotics business is predicted to reach $80 billion by 2030, professional services robots are expected to reach $170 billion by 20301, outpacing conventional robots. Use cases include senior care (driven by demographic changes), retail and public sector applications, and residential robots operating as multi-purpose personal helpers. Eventually, we will witness a robotic revolution, with the most advanced robots not only liberating people from tedious tasks, but also replacing professions in a variety of industries.
Continued progress in the field of artificial intelligence and the increased use of AI in a variety of applications.
The proliferation of the Internet of Things, with more and more devices being connected to the internet and able to communicate with each other.
The continued development of 5G networks, which will enable faster and more reliable internet connectivity.
The growing use of virtual and augmented reality in a variety of areas
Digital Twins, IoT, AI & Edge
With the focus of Twitter & LinkedIn 'experts' shifted away from web3 to AI I expect Digital Twins and AI to get a lot of attention
IoT and Edge are becoming increasingly accepted at consumer levels thanks to the availability of consumer devices, release of Matter and technologies like VR becoming more accessible