16 Industry Experts Discuss Tech Trends Coming To Business In 2023

This article first appeared on forbes.com

 

In recent decades, technology has increasingly changed the ways we live and work. But it’s not a one-way street; changes in the workplace and culture also influence how technology is leveraged and evolves. The last few years—particularly since the onset of the Covid pandemic—have seen tremendous changes in how professionals and consumers use technology, as well as their expectations of it.

Tech experts say 2023 is likely to be another year of exciting and rapid evolution in business technology, both in terms of what tools will see new or growing usage and how businesses and sectors will adapt to marketplace changes and challenges. Below, 16 members of Forbes Technology Council discuss some of the biggest tech trends they see coming in 2023, as well as practical steps industry leaders can take to be ready for them.

1. AI Growth Across Sectors

In 2023, I believe we will see more companies and brands using artificial intelligence. We already see the popularity of artificial intelligence in online shopping, Web search and advertising. Given the fast pace of tech development, I think we will see AI being used more in the health, food and farming, and public administration sectors, bringing value to society and ensuring sustainable development. – Igor Khalatian, Iris Dating

2. AutoAI

AutoAI will gain traction in 2023 as organizations look to accelerate adoption of artificial intelligence/machine learning and reduce the time that sectors such as finance spend on developing predictive models. AutoAI automates much of the work in model building, training and retraining, thus reducing barriers to adoption. Companies can first identify a pilot project, such as demand planning, that can yield benefits in a short amount of time. – Tom Shea, OneStream Software

 

3. The Intelligent Edge

We’ll soon see the rise of the intelligent edge, which means data is processed at its generation point and can be analyzed quicker and on-site. This can result in much faster and more precise decision making for businesses, shortened workflows and an increase in revenues based on analysis. A good start to leveraging this trend is understanding in which areas of your business the edge could be most beneficial. – Emma de Sousa, Insight

4. Accelerated Digital Transformation

Tech trends in 2023 will revolve around accelerated digital transformation with ubiquitous artificial intelligence and the Internet of Things. Leaders should take a security-focused approach while pursuing their digital transformation goals to ensure that the benefits of the transformation program are sustained over time. – Steve Uma, NSIA INSURANCE L EPOSWillDefinitely Give You A Sharper Image

5. 3D Interactions With Data

Interacting with data in 3D will become the new trend. It makes every interaction exciting. A solution that will gain momentum is leveraging the metaverse and Web3 in the corporate ecosystem to accelerate training, employee onboarding and internal events. A second trend will be intelligent document processing enabled by AI services, and a third trend will be co-sell marketing with hyperscalers for brand authority and leads. – Chaitra Vedullapalli, Women in Cloud

6. Web3

Web3 should be on the radar of any tech leader. It’s very early, and the practicality is still unclear, but I think there’s a high likelihood of it changing much more than finance. Decentralized business models and architectures are more resilient in general. Therefore, strategies around how to apply decentralization and open ownership is a good bet, regardless of blockchain. – Daniel Russek, Atarraya Inc.

7. Edtech

Covid-19 has completely changed our world, including the ways in which we learn. Edtech allows for education to be delivered in a more interactive and personalized way. Having 24/7 access to materials, mentorship and coaching is going to be one of the key ways in which tech impacts education in classroom settings, personal development and even corporate/professional environments. – Yaniv Elmadawi, Agora.io

8. Development Democratization

Digital transformation is at the forefront of the C-suite agenda. An organization’s ability to compete and thrive depends increasingly on software. However, a lot of enterprises struggle to address the limited availability of tech resources. This is being addressed by development democratization—an expansion of no-code platforms that empower non-tech employees to build apps using a drag-and-drop approach. – Katherine Kostereva, Creatio

9. The Circular Economy

2023 will be the year the circular economy goes mainstream. It represents a $4.5 trillion opportunity, and I am confident the transition will gather significant pace within the technology ecosystem next year. To make the most of this trend, forward-thinking organizations should start by ensuring repair and reuse are built into their technology procurement and asset management strategies. – Carmen Ene, 3stepIT

10. Focus On The Developer Experience

There is a big focus on improving the developer experience as a tool for recruiting and retaining top talent to stay competitive. Ensuring that developers spend more of their time doing things they love, such as being creative and writing useful code, and less time dealing with frustrations, such as waiting for feedback cycles to end and troubleshooting failures, is a good place to start. – Hans Dockter, Gradle Inc.

11. AR/VR Applications

The adoption of augmented reality/virtual reality applications will rise due to the increased availability and affordability of VR systems. It’s an untapped ecosystem with opportunities for companies to showcase products and engage customers in new ways. Be bold in exploring how to use the advantages of a unique VR environment. It is all-inclusive and can support industries from service to retail to education and beyond. – Raymond Wang, Greenland Technologies Holding Corp.

12. Online Experience Simplification

With the increased focus on equity in 2022 (one of the lessons from the pandemic), I believe that 2023 will see an increase in online experience simplification and usability. Today, we are bombarded with so many features and functions that only the most tech-savvy people are heard; this means we miss out on a massive amount of non-tech experience, knowledge and potential. Leaders need to simplify. – Georg Thingbo

13. Automated Alert Systems

We’ll be seeing increased usage of automated alert and visualization systems that notify stakeholders about the fiscal impact of their daily decisions—for example, when a developer forgets to shut down a test environment, provisions an expensive public cloud resource or creates a security vulnerability. To nip these liabilities in the bud and save millions, leaders should use automated 360-degree visibility across clouds and on-premises systems. – Jeff Kukowski, CloudBolt

14. Quantum Computing

Quantum computing will continue to be a disruptive tech trend to monitor in 2023. It has breakthrough algorithm potential, especially in fields with large data-sequencing needs, such as molecular and computational biology. Companies can gain value early by assessing and formulating use cases under a hybrid operating model in which conventional computers supplement emerging quantum technologies. – Christopher Yang, Away

15. Productivity Training

We will see a new focus on productivity training. As we continue to adapt to hybrid work environments, our measure of success is shifting from attendance-based accountability (I am here, therefore I must be working), to workload-based accountability (my output determines my value). With this shift there is a tremendous opportunity to increase our teams’ productivity with new, hyper-focused training programs. – Brent Yax, Awecomm

16. A Focus On Consumer Privacy

Consumer privacy has been gaining ground for a while now, and 2023 will shine more light on it than ever before. With powerful, efficient chips, more and more devices execute data on-device. Mainstream browsers are replacing third-party cookies with more pro-privacy techniques. To keep up, business leaders need to step back and ask users only for relevant info and be transparent about its use. Trust is everything. – Vikram Joshi, pulsd