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The 5 Most Important Tech Trend Predictions For 2023

Analysts at Deloitte have unveiled their predictions for what they believe will be the most important tech trends of the next 12 months. To do this, they have framed core trends, including machine learning, cloud computing, and blockchain, against the dynamically shifting industry backgrounds where they operate, aiming to focus on real-world use cases rather than just high-level technology concepts.

The Metaverse

Predicting the impact that the much-talked-about metaverse will have on our lives, Deloitte’s report focuses on the concept of “Immersive internet for the enterprise.”

The true value of the metaverse, it is suggested, will be the new business models that it makes possible. This, they rationalize, will occur as part of the ongoing natural progression towards simpler ways of interacting with machines. This was a journey that started with punch cards – quite literally requiring an understanding of advanced mathematics and the fundamental workings of computer science in order to operate. Iterative advances such as desktop icon-driven interfaces and mobile touchscreens have enabled more intuitive interactions, bringing us to where we are today – at the dawn of an age of immersive virtual worlds and experiences.

Artificial Intelligence

The key trend around AI in 2023, Deloitte suggests, will involve trust. Specifically, “Learning to trust our robot colleagues.”

This will see organizations addressing key questions as machines move from “number crunching” tasks like running spreadsheets towards a new field of cognitive decision-making tasks. Here, Deloitte suggests, businesses and organizations will start to see their successes or failures defined by how fully they open themselves up to trusting smart, self-teaching machines and algorithms.

In many ways, attaining the necessary level of trust is likely to be dependent on the extent that the AI itself can become transparent and explainable. It’s not controversial to say that, today, the technology has something of a “black box” problem – we often simply don’t understand how it works and how it arrives at the answers it gives us. Overcoming this is likely to be an essential step on the road to developing AI that everyone can treat as a trusted colleague.

Cloud Computing

For many organizations, the focus on the cloud space in 2023 will be firmly on “taming cloud chaos.” This will take place as we work on getting to grips with the ever more complex ecosystems of public, private, hybrid, and multi-cloud solutions that make up the average enterprise tech stack. In fact, Deloitte tells us that 85 percent of businesses are using at least two cloud platforms, and 25 percent are using as many as five. While this heterogenous mix of tools and platforms can often result in all the flexibility and options that we need, it can lead to businesses failing to fully leverage the full range of benefits they have at their disposal, as well as the creation of unnecessary expense.

The Skills Gap

This is an issue affecting businesses in all industries, but none more so than those that rely on highly sought-after STEM skills. To counteract this, Deloitte’s report suggests that successful companies will look to “flexibility – the best abilityThis means rather than going all-out to compete for the small and expensive external supply of tech talent, focusing instead on cultivating and developing the talent we already have in-house. The resources of talent and innovation needed to drive business success in today’s markets may not, the report suggests, lie in hotshot outside appointments with decades of industry experience and advanced degrees from prestigious colleges. “Don’t compete when you can create” is a tidbit of advice contained in the report, which seems very sensible to me.

Decentralized Systems

Of all the breakout technology trends, blockchain – the decentralized, encrypted database platform that underpins cryptocurrencies like Bitcoin – probably has the biggest image problem, admits Bechtel. Created anonymously over a decade ago, its most successful use case so far has been creating new markets and methods of paying for illicit substances on the “dark web.” To many, this means it’s hard to understand how every enterprise organization from Silicon Valley to Singapore is investing heavily in the technology. Essentially, the aim of the search is to find ways of eliminating trust from digital transactions involving more than one entity. In 2023, we move on to a new stage in this search, suggests Deloitte: “In Us We Trust.”

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