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Top 10 Strategic Technology Trends for the Year 2023

Apoorva Bellapu

The top 10 strategic technology trends for the year 2023 have made it extremely fitting to reduce costs

Technology is getting better and better and it has only made our lives easier than ever. With every passing day, technology is evolving, and that too at a fast pace. Technology has made it extremely convenient for organizations to reduce costs, enhance customer experiences and increase profits. Also, the onset of the pandemic has boosted businesses' digital transformation journey in the best possible manner. On the same lines, being well aware of the tech trends for the coming future has got its own benefits. Here, we bring for you a list of the top 10 strategic technology trends for the year 2023.

Artificial intelligence

It has been quite some time since artificial intelligence has become popular. As a matter of fact, AI is constantly evolving, and newer applications for this emerging technology continue to spring upon the scene. Today, there are countless applications that rely on AI – image and speech recognition, navigation programs, and voice assistants like Siri and Alexa, to name a few. No wonder, the coming years will see a lot more dependence on AI.

Edge computing

These days, we can see millions of data points collecting user information from various sources such as social media, websites, emails, and web searches. This throws light on how exponentially the data collected is increasing. This is why old and traditional computing methods fall short. Well, edge computing comes to the rescue.

Quantum Computing

Quantum computing, a computing technique that focuses on developing computer technology based on the principles of quantum theory, has become extensively recognised and popular in no time. Quantum computing stands the ability to perform calculations based on the probability of an object's state before measurement instead of just 0's and 1's. This computing is highly likely to get more recognised in 2023.

5G technology

Gone are the days when the world was invariably happy with 3G and 4G. Today is the era of 5G. As it has the potential to change the way we see the online world, there's no looking back. 5G aims to revolutionize our virtual interactions by integrating AR and VR technology and better cloud-based gaming experiences.

Internet of Things

IoT has emerged to become one of the most promising technologies of the decade. Multiple devices or 'things' today are wifi-enabled, which means they can be connected to the internet. Devices within the network can communicate with each other, collect data and transfer it across the network without human intervention.

Blockchain

The cryptocurrency market has given importance to blockchain technology like never before. This technology offers security that can be useful in several other ways as well. As this technology is consensus-driven, which means no single person or organisation can take control of the data, it makes it to the list of top tech trends.

VR and AR

Virtual reality and augmented reality are those technologies that have been popular for almost a decade now. Virtual Reality immerses the user into a new environment, on the other hand, Augmented Reality enhances the user's existing environment. These technologies have profound importance in gaming and filters on social media, simulation software, etc., hence continuing to be a top trend.

RPA

RPA uses multiple software and applications to automate business processes such as data collection and analysis, customer service and other repetitive tasks managed previously through manual processes. Just like AI and Machine Learning, RPA is a rapidly advancing technology, thereby making it to the list of top 10 strategic technology trends for the year 2023

Full stack development

Full stack development is one of the newest industry trends within the technology space and is all set to gain momentum in 2023 and beyond. It continues to rise as IoT becomes a more mainstream technology with diverse applications. Full stack development covers the front and back-end development of applications and websites.

Cybersecurity

Though not a new tech trend, definitely worth watching out for in the next year. The reason is quite simple – threats and hacking attempts are growing in number and intensity, which calls for improving security protocols and strengthening systems.

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