Tech Trends 2023

2023 is shaping up to be an exciting year for technology with several trends that are expected to have a significant impact on various industries. Here are some of the most notable trends to keep an eye on in the coming year:

1. Cloud Computing: Cloud computing has become an integral part of many businesses and its popularity is only set to increase in the coming year. Companies of all sizes are turning to cloud services to improve scalability, flexibility, and cost savings. This year, we expect to see more businesses leveraging hybrid and multi-cloud strategies to take advantage of the benefits of different cloud providers.
2. Cybersecurity: With the increasing number of cyber threats, cybersecurity is becoming a top priority for businesses. As companies adopt new technologies, they are also exposing themselves to new cyber risks. In 2023, we expect to see more businesses investing in advanced security solutions such as artificial intelligence-based threat detection and response systems, to better protect their assets.
3. Artificial Intelligence and Machine Learning: These technologies are becoming more prevalent in various industries, and are expected to see continued growth in areas such as natural language processing, computer vision, and predictive analytics. AI and ML are increasingly being used to automate mundane tasks, improve decision-making, and create new products and services.
4. Internet of Things (IoT): IoT has the potential to revolutionize the way we live and work. In 2023, we expect to see more businesses and organizations leveraging IoT to improve efficiency and productivity. From manufacturing, transportation, to healthcare, IoT is being used to automate processes, improve supply chain management, and provide new insights into operations.
5. 5G: The roll-out of 5G networks is expected to drive growth in areas such as edge computing, virtual and augmented reality, and autonomous vehicles. 5G’s high speeds and low latency will enable new use cases such as real-time video streaming, remote surgical procedures, and self-driving cars.
6. Blockchain: Blockchain technology is expected to see increased adoption across various industries, including finance, healthcare, and supply chain management. Blockchain’s ability to provide secure and transparent transactions is making it a popular choice for businesses looking to improve their supply chain, financial and voting systems.
7. Edge computing: Edge computing is a technology that enables data processing at the edge of the network, closer to the source of data. The trend of edge computing will grow as it allows for faster data processing and lower latency, which is crucial for applications such as autonomous vehicles, industrial internet of things (IIoT), and real-time analytics.
8. Quantum computing: Quantum computing has the potential to solve problems that are currently unsolvable by classical computers. In 2023, we expect to see more companies experimenting with quantum computing to solve complex problems in areas such as drug discovery, optimization and cryptography.

These are just a few of the technology trends to watch in 2023. Businesses that stay on top of these developments and adapt to them will be best positioned to take advantage of the opportunities they present.

CEO for WorkFar Robotics, Bethany Plaza leverages emerging technologies to transform companies, accelerate sustainable innovation, and identify growth opportunities – in collaboration with leadership, multi-disciplinary teams, and customers. Recognized as a revitalization chief, she enjoys disrupting the status quo to help businesses stay competitive and drive innovation.