Changes in technology are still causing havoc in the world. Expect to see more strategic and revolutionary developments in 2023 if these more recent shifts pick up steam and become more intense. MediaPeanut estimates that the tech sector grows by 5-6% annually. You can use emerging technologies to your advantage in the early stages and gain a competitive edge by riding them sooner.
Though it's still difficult to predict how trends will develop, some sunrise technologies appear to be on the right track. These are gaining traction, displaying early promise, and possibly assisting businesses in starting their journey toward innovation and expansion. Here are our picks for the hottest new technologies for 2023, along with a succinct summary of their potential. Let's start dissecting them.
Technologies in Stack
Electronic Immune System:
Critical applications are made more bug-resistant using the Digital Immune System, a combination of various techniques and technologies. facilitating their ability to recover, continue providing their services, manage risks, and ensure business continuity. Businesses that invest in digital immunity, according to Gartner, will see an 80% reduction in downtime, which will result in higher customer satisfaction.
Observability, AI-augmented testing, Chaos engineering, auto-remediation, Site Reliability Engineering (SRE), and Software supply chain security are some of the fundamental ideas behind digital immunity. Together, they guarantee that systems don't crash, that services are provided continuously, and that errors are quickly fixed. This aids in restoring the system to its initial settings for a better user experience.
With the aid of applied observability, problems in contemporary distributed systems can be found and fixed more quickly and automatically. By gathering, comparing, and analyzing a continuous stream of data, applied observability enables you to keep an eye on the internal state of a complex system and identify problems early enough to address them. Utilize observability to inspect and diagnose applications.
The telemetry data that Observability collects includes logs, metrics, traces, and dependencies. In order to give resources comprehensive and contextual information about the events they must address, it then correlates them in real-time. Even better, you could use AIOps, ML, and automation tools to solve problems automatically.
AI Trust Risk & Security Management is also known as AI TriSM. It guarantees that AI technology performs its intended functions in a trustworthy, just, dependable, efficient, and secure way. In order to protect the crucial operations of your enterprise, it also helps to protect the exchanged data, manage governance, protect privacy, and spot anomalies. You should have faith in the AI model to exist, interact, and function as intended.
Any deviation could have severe repercussions, especially in enterprises that manage a large number of users, manage multiple processes, handle continuous transactions, and have a heterogeneous data spread. Solutions and methods for managing risks, sending alerts, and taking action are included in AI TriSM.
Industry cloud computing platforms:
Businesses can increase their workload management agility by using industry cloud platforms. They can hasten adjustments to business processes, data analysis, and compliance protocols. To optimize adaptability, quicken time to value, and meet the needs of vertical industry segments, they combine platforms, software, and infrastructure as a service.
About 40% of respondents, according to Gartner, have already begun utilizing industry cloud platforms. Over 50% of enterprises' crucial business initiatives will be accelerated by using this by 2027. Business-specific capabilities and an integrated data fabric are used by industry cloud platforms to quickly adapt applications to market disruptions.
Engineering for Platforms:
Through automation and self-service capabilities, platform engineering enhances the developer experience, boosts productivity, and speeds up the delivery of apps while fostering better communication between operators and software developers. Through reusable tools and capabilities, it seeks to modernize the delivery of enterprise software.
A frictionless development cycle with little overhead, self-service features, decreased cognitive load, more consistency, higher efficiency, and seamless collaboration are necessary to release the software as soon as possible. Platform engineering seeks to redesign and create a platform using standardized parts and automated procedures that is in sync with the requirements of its end users.
Realization of the wireless value:
In addition to enhancing connectivity, next-generation wireless will also aid in process optimization for greater dependability, lower costs, lower risks, and greater productivity. The integration of various wireless technologies onto a single infrastructure and utilization of capabilities will make the transition to digital transformation more seamless. Future wireless will require less capital if its technical foundation is more affordable, unified, secure, dependable, and scalable.
The current Internet of Things (IoT) trend will be able to use the new wireless technology more effectively to gather data from the environment. Applications in location tracking, energy harvesting, radar sensing, satellite technology, and other fields are to be expected.
An all-in-one app with many uses that can take the place of the various apps in your personal or professional ecosystem. Over 50% of the world's population will use super apps on a daily basis, predicts Gartner. These Superapps might even include mini-apps that serve as add-ons and offer advantages over and above the built-in features.
This all-encompassing platform will take care of various issues and serve as a unified user interface for various use cases. These apps can be more beneficial than alternatives that serve a single purpose for people from all backgrounds. WeChat is a Super app that encompasses messaging, eCommerce, payments, social media, and more, making it a necessity for many everyday people.
Web3 and the metaverse:
The metaverse and Web 3.0 are all set to give interactions and everyday experiences a completely new dimension. A connected, secure, and immersive virtual world where avatars will start to significantly impact our personal and professional lives will be created by the convergence of AR, AI, VR, ML, IoT, and Blockchain. Metaverse creates a "Second world" and offers more chances for businesses to interact with customers.
Both business and community development are expected to grow. These digital environments will become more personalized and significant as a result of the information that the metaverse will transmit about our offline interactions and behavior. Businesses will use the metaverse to strengthen customer bonds, enhance brand identity, expand marketing, and boost revenue.
Using quantum computing:
Another cutting-edge technology that will advance industry value chains and business operations are quantum computing. The value of quantum computing could reach $700 billion as early as 2035, according to McKinsey. Technologies could advance more quickly thanks to quantum computing, and drug research could move more quickly along.
The operation of quantum computing relies on the quantum state of subatomic particles, where each particle serves as a quantum bit of information (qubits). Qubits can communicate with one another through entanglements. Additionally, it can hold multiple values at once (Superposition). When compared to traditional computation, quantum computing is much faster and uses a lot less memory.
Having faith in the blockchain:
In 2023, blockchain will become more popular as a technology for establishing trust. The foundational elements of Blockchain—encryption, privacy, community control, immutability, traceability, and decentralization—ensure its reliability. The ability to validate improves security, cuts costs, quickens processing, and inspires trust. Blockchain removes middlemen and establishes a solitary, secure path to the destination.
The information is recorded, managed, and transmitted using a distributed ledger system called a blockchain. Making tampering impossible, it enables transparent access and quickly establishes relationships between the data in the chain. From Smart Contracts to Supply Chains, blockchain can implement frictionless processes; as a result, expect to see enormous value everywhere.
What if technology made it possible to track metrics that would help reduce carbon footprint, support environmental laws, and keep an eye on social governance? Expect to see more impactful and innovative digital solutions to track and direct an organization's environmental goals as 2023 draws closer. They can become more nature-centric and achieve Environmental, Social, and Governance (ESG) outcomes with the aid of these cutting-edge solutions. Cost-saving, energy performance, and asset-use improvements are all made possible by sustainable technology.
Technology will help businesses that want to go green achieve their goals. Through the use of AI, the cloud, IoT-enabled environmental sensors, analytics, and other technologies, they will be able to manage waste and energy resources while reducing direct emissions, reducing waste, minimizing indirect emissions, and doing much more.
Wireless 6 and 7:
The 2.4 GHz and 5 GHz frequency bands are supported by 802.11ax 9.6 Gbps Wi-Fi 6, which also supports up to 160 MHz of channel bandwidth and the WPA3 security protocol. While supporting the 2.4 GHz, 5 GHz, and 6 GHz frequency bands is 802.11E 30 Gbps Wi-Fi 7. It uses the WPA3 security protocol and can support channel bandwidth up to 320 MHz.
With faster speeds, more security, a better transmission rate, less latency, and better traffic prioritization, Wi-Fi 6 and Wi-Fi 7 both guarantee a significant improvement in wireless networks. Expect the two to work together seamlessly through the use of intensely graphic gaming, virtual reality (VR), the expanding metaverse, 4K and 8K video streaming, the Internet of Things (IoT), and even remote office connectivity.
Technology for drones:
In 2023, drone technology is ready to take off. Given the degree of disruption already present in the supply chain, any unpredictability affects logistics and slows down deliveries. This results in unfilled orders and damaged business relationships. What if companies could use unmanned aerial drones to carry out last-mile deliveries and enable them to access remote locations? Additionally, expect to see increased use in the fields of construction, agriculture, security, media, and even the military.
Companies investing in drone technology anticipate greater cost savings by reducing fuel and redundant labor costs, lowering risk, increasing revenue growth, and making better decisions after analyzing the data these instruments collect.
The SDLC no longer treats security as an afterthought. Putting off security until the very end can result in errors that may necessitate a complete rewrite, which is ineffective, expensive, and delays your time to market. Coding standards for developers are provided in Development Security with security at their core to guarantee that the code is pre-vetted with security in mind at every phase.
The Continuous Leftward Collaboration The CI-CD pipeline's no-touch automation approach is used by the development security methodology to finish security tests through shared responsibility from the outset. Reducing the feedback loop and incorporating security into the process leads to quicker releases. The next phase of project development is development security, which is something to be excited about.
A project management approach called Scrumban combines Scrum and Kanban. In this framework, the predictability, agility, and structure of Scrum are combined with the adaptability and visualization of Kanban. Along with assisting the team in performing their strategic tasks correctly and streamlining their processes, this contributes to the project workflow becoming more agile, adaptable, efficient, and productive.
Make sure there is enough analysis, iterate frequently, prioritize as needed, maintain continuous workflow, pay attention to cycle time, do away with batch processing, use flow diagrams, and schedule daily meetings. When teams are looking to transition from Scrum or when you need more flexibility, Scrumban is a useful tool for maintaining ongoing projects.
To Conclude With
There has never been a period of technological dormancy; the next revolutionary development is always just around the corner. What is cutting edge right now might become archaic soon. Companies must invest in the radical changes that are soon to come if they want to change into true industry leaders. Avoiding or delaying this could cause your company to deteriorate and possibly sink.
It's never simple adopting newer technologies. You need a business case, a detailed roadmap, a change management strategy, expected value realizations, and other metrics in addition to the monetary investment. Unfortunately, the process can become complicated. Buildnetic's creative and knowledgeable professionals have your back. Contact us, and we'll integrate the newest technology for your company.