5 Tech trends to expect in 2023

5 Tech trends to expect in 2023

The technology landscape keeps rapidly evolving, and it's changing consumer expectations and the ways businesses operate. To stay ahead of the curve in the coming year, here are the top tech trends you need to stay on top of.

Here are some of the top tech trends that are expected to take off in 2023.

1. Rise of no-code artificial intelligence (AI) tools

AI is no longer reserved for tech professionals. It’s now possible for all users to easily create AI-powered products and services using no-code platforms with drag-and-drop interfaces. This means companies can develop custom-made AI applications that automate mundane tasks and optimize business processes.

The retail industry is already starting to leverage no-code AI tools. For example, Stitch Fix, an online personal styling service, uses AI algorithms to offer customers recommendations on clothes based on their size and style preferences.

Moving forward, more retailers are expected to use AI for inventory management to satisfy customer expectations, like online shopping, curbside or in-store pickup, and buy online, return in store.

2. Greater push toward autonomous systems

From driverless cars to delivery robots, autonomous systems will become more commonplace in the coming years.

In 2023, we can expect to see more of these systems being used for deliveries, warehouses, and factories. Self-driving robots and, eventually, trucks and ships will make it possible for companies to deliver goods faster and more accurately.

3. Growing adoption of augmented reality (AR) and virtual reality (VR)

The gaming industry has long embraced AR and VR, but the use of these technologies will expand to other applications in the years ahead. One particular application that will see massive development in 2023 is for virtual work environments. Thanks to the power of AR and VR, we can soon expect more engaging online meetings that are conducive to conversation, ideation, and collaboration. In fact, Nvidia and Microsoft have already started creating metaverse platforms for collaborating on digital projects.

We'll also see more companies using AR and VR to conduct training and onboarding. Accenture, for example, has already developed the Nth Floor, a metaverse environment that replicates real-world Accenture offices. In the Nth Floor, new hires and current employees can perform HR-related tasks without having to be present in a physical office.

4. Increasing use of digital twin and 3D printing technologies

In 2023, more companies will leverage digital twin technology for better accuracy in forecasting and decision-making. Digital twin technology enables companies to virtually replicate physical objects and systems, from individual products to entire factories, to test new ideas in a safe digital environment without the high costs of real-life experiments.

After testing in the digital world, engineers can create components in the real world using 3D printers. For instance, Formula 1 racing teams collect data transmitted from sensors during races and take note of the respective temperatures and weather conditions. They use this data to create virtual replicas of engines and car components in order to examine potential changes in car design. Afterward, they 3D print these modified car parts.

5. Strong need for cybersecurity experts

As technology evolves, so do malicious cyberattacks. This is why it's crucial for companies to effectively improve their security posture by working with cybersecurity experts.

2023 will see a greater demand for such experts as companies increasingly rely on cloud-based services and store sensitive data online. In fact, the role of information security analyst is predicted to be the 10th fastest growing occupation through 2029, with an employment growth rate of 31% compared to the 4% national average job growth.

However, in 2022, the United States has only 950,000 cybersecurity specialists and 465,000 unfilled cybersecurity jobs. This cybersecurity skills shortage will fuel the demand for Cybersecurity-as-a-Service, wherein businesses partner with managed security service providers (MSSPs).

Let Safebit handle your company’s cybersecurity requirements. We can do everything from planning, implementation, monitoring, management, and auditing of your data security systems. Get in touch with us today.


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