Technology is critical to success for many businesses. When it comes to many tech innovations, it’s a choice of riding the wave or getting left behind. To help guide you in creating your action plan for 2023, we have created a list of the top three disruptive tech trends that are more than just hype. You will also gain actionable insights into how to incorporate each one into your digital transformation strategy.
1. Industry cloud platforms
By 2027, is thought that more than 50% of enterprises will use industry cloud platforms to accelerate their business initiatives. Industry clouds combine traditional cloud services with industry-specific functionality that addresses hard-to-combat issues within a specific sector.
Industry-specific clouds are growing in popularity because they create higher value for businesses versus previous cloud models by incorporating cloud services traditionally purchased separately into pre-integrated industry-relevant solutions.
Businesses then benefit from increased organisational agility, which speeds up product development and innovation. Industry cloud ecosystems build on multiple independent software vendors and system integrators who have joined cloud providers.
For example, Vizlib partners with Qlik SaaS (Qlik Cloud Services), an industry-specific cloud. By integrating Vizlib into their Qlik Cloud, businesses can close the gaps between data, insights, and action. This industry-specific solution helps businesses move away from passive, stale BI to active intelligence, which creates a more dynamic relationship with data and supports real-time decisions and actions.
2. The metaverse
The metaverse may have been a tech trend you thought would quickly fizzle out. While many businesses and consumers thought the metaverse was all hype, we now see that it is a long-term trend and will be a useful tool for innovation in 2023.
By 2027, over 40% of enterprises globally will use Web3 and metaverse-based projects to generate revenue. There is clear value to be taken from the metaverse but, as with all new technologies, business leaders need to be cautious about investing. When creating a strategy for the metaverse, you must think about the specific, emergent metaverse that you are considering and whether you can accurately predict if it will be viable in the long term.
One great example of a business making use of this tech trend is Siemens which has partnered with NVIDIA to create an industrial metaverse. Its clients can use this virtual world to collaborate in creating innovative engineering solutions. The metaverse has allowed Siemens to foster collaboration at scale, which will speed up the pace of innovation in their projects.
By 2027, more than 50% of the global population will be daily active users of multiple superapps. But what exactly is a superapp? Essentially, it is an app that has its own internal world of other apps that integrate into the main app.
Users access a core set of features, but they can also access independently created mini-apps within the same interface. No separate app store or marketplace is needed for the mini apps as they can be discovered and activated within the superapp.
One example of this comes from Revolut, a challenger bank/fintech based in the UK. Revolut has expanded its ecosystem into business, and now freelancers and SMEs can use services in the superapp.
4. AI security
In the US, UK and Germany, 41% of organisations have experienced an AI privacy breach or security incident. That is an overwhelmingly high number.
It is no wonder that in 2023, we will see a trend of more companies investing in technology to improve their AI security. As consumers become more aware of data privacy issues, businesses will look for new ways to protect data and ensure the reliability and trustworthiness of the systems they use.
5. Wireless at scale
Our final disruptive tech trend for 2023 is wireless technology at scale. We all use wireless in our day-to-day lives. But as we enter into 2023, we will see more businesses implementing wireless on a large scale. The move towards wireless technologies will provide cost savings and operational efficiencies.
For example, Shufersal, an Israeli retailer, is ahead of the curve and already implements wireless technology at scale. It tags products with low-energy IoT chips so that it has full visibility of the supply chain. This allows for more accurate inventory management, which in turn improves revenues.
Use data visualisation to get greater value from your tech innovations
Vizlib’s solution will supercharge your analytics. When you implement new technology in your businesses, you can use Vizlib to quickly view whether it is performing as expected and where it is having the greatest impact. Get in touch to learn more about Vizlib’s platform.