Gartner has released its annual list of Technology Trends for 2023. The list highlights the most impactful and transformative trends that organisations should consider when planning for the future.
In this article, GWI details the top five strategic trends that businesses should consider in their roadmaps for 2023.
Technology trends for 2023
1. Sustainable technology
As defined by Gartner, “sustainable technology is a framework of solutions that increases the energy and material efficiency of IT services”. It enables enterprise sustainability through technologies such as traceability, analytics and renewable energy. Recent CEO survey results revealed that ESG issues have become the third most important priority for investors. With mindsets shifting toward more energy-saving and climate-conscious living, businesses must evaluate the immediate and long-term impacts of their technologies, systems, and processes.
An example of businesses using smart solutions to drive efficiencies and protect resources is Mitsui O.S.K. Lines’ AI-powered models to improve shipping efficiencies within the maritime industry and Apple using robots to recycle.
Investments in sustainable technology have the potential to not only create greater operational resiliency and financial performance, and also provide new avenues of growth.
2. Applied observability
Observable data is defined as “any variable that can be observed and directly measured”. Applied observability is the use of observable data in a highly orchestrated and integrated approach. It allows organisations to make faster, more accurate decisions using truly evidence-based data.
In 2023, observable data must be at the forefront of business and IT leaders’ minds as a strategic, competitive advantage and a key consideration for technology roadmaps.
3. Cloud-first organisations
Prioritising the use and adoption of industry cloud platforms when looking to procure new technologies. Industry cloud platforms turn a cloud platform into a business platform, enabling an existing technological innovation tool to also serve as a business innovation tool.
A benefit of accelerated industry cloud adoption has seen increased productivity, performance, and organisational agility. However, the rapid adoption of cloud technologies also brings a number of heightened security concerns that businesses must consider. Through our technology advisory service offerings, GWI has supported various customers in creating and adopting cloud strategies. Leveraging as-a-service cloud capabilities that deliver flexibility and scalability enables businesses to meet evolving economic and customer demands.
4. Ethical regulations for AI
With the rapid adoption of AI already dominating conversations in 2023, there will be a strong focus on implementing protective loopholes in AI deployment and better streamline how businesses use this technology.
According to research conducted by Gartner, organisations that operationalize AI transparency, trust and security will see their AI models achieve a 50% result improvement in terms of adoption, business goals and user acceptance by 2026. Most of these regulations will focus on improving data bias detection, streamlining copyright for generative AI models, and standardising AI model deployment and management.
GWI has worked at length in the area of data ethics and privacy, security and protection. Read our library of case studies on the GWI website to learn more about how extensive expertise in this area.
Metaverse technologies allow people to replicate or enhance their physical activities by transporting or extending physical activities to a virtual world or by transforming the physical one.
In 2023, it is predicted that there will be an increase in technology strategies that optimise metaverse opportunities including investing in digital twins. However, the mainstream adoption of metaverse technologies also highlights the importance of implementing proactive data governance guidelines to protect your business and customers’ data in the virtual world.
Set your business up for success
Whether your business objective is to improve margins, enhance customer experiences or reinvent ways of working, technology is key. These trends will have a profound impact on business, society and the way we live and work. It’s important for organisations to stay ahead of the game by understanding the implications and opportunities of these technologies.
You can read the full list of Gartner’s Top Strategic Technology Trends 2023 here.
Talk to the GWI to learn how we can help your business deliver lasting impact this year. www.gwi.com.au/contact