Here Are the Top 5 Technologies to Watch in 2023

As we approach 2023, there are innovative technological breakthroughs that await us. The impact of COVID-19 has accelerated these advancements, especially concerning security. The rise of remote work and flexible schedules has made network security a major concern due to the increased susceptibility to cyber attacks when employees access them from outside the office.

It is not possible to foresee how emerging technologies will be utilized by your business. Therefore, it’s crucial to comprehend the present market context in which you operate, which includes available alternatives, customer demands, and competitor strategies. In this article, we will highlight five of the most significant technological trends of the current year.

The Phases of Initiation for 6G

It is indeed the case that the groundwork for 6G is already underway, despite the fact that 5G is not yet fully deployed. As the years go by, the weaknesses of 5G will become more apparent, leading to the development of 6G technology to resolve these issues. It is anticipated that work on 6G will persist beyond 2023, with its implementation commencing in the year 2030.

A recent post published by Lifewire has outlined a number of indications that the adoption of 6G is indeed underway. These clues include the FCC’s unveiling of terahertz wave spectrum, the introduction of the Next G Alliance – which names prominent tech giants such as Verizon, T-Mobile, AT&T, Microsoft, Samsung, Facebook, Apple, Google, Ericsson, Nokia, and Qualcomm – as well as the initiation of 6G research at universities and the launch of a 6G satellite by China.

Security Measures are Being Strengthened

The incidence of cyber attacks, specifically ransomware attacks, has grown significantly in recent times. An example of this is the attack on Colonial Pipeline, where the affected organization was compelled to pay a ransom to regain access to their data. It is crucial that both you and your company are aware of the potential risks posed by such threats, irrespective of whether your operations are classified as ‘critical’ or not.

Consequently, businesses have prioritised educating their employees on the proper use of network computing, such as refraining from opening attachments from unknown sources. Companies have enforced preventive measures to safeguard their business security, such as augmenting cloud security, complying with regulatory standards and constantly monitoring data repositories. This intensified focus on security will persist into 2023 as enterprises aim to proactively safeguard themselves from potential risks.

The Growth of Cloud Computing

Experts have projected that expenditures on cloud services will rise by nearly 50% by 2023. According to DevPro Journal, “cloud solutions and services may offer relief to some of the most urgent business problems, such as shortage of employees and supply chain disruptions.” This is because automated cloud solutions can substitute labor-intensive activities, lessening the need for human resources.

The cloud is fast emerging as a popular preference due to its amplified storage capacity, resilient security, and compatibility with the Internet of Things (IoT). Technology training company Data Flair has developed an infographic that illustrates the various advantages of the cloud.

The Metaverse Warrants Greater Attention

The Metaverse represents the subsequent evolution of the Internet, presenting a realm of virtual and augmented reality for individuals to conduct business, socialise and partake in leisure activities. Though only a few enterprises have delved into this area hitherto, Facebook is a notable exception. Its rebranding to Meta in 2023 has signified a shift in attention from software to hardware, particularly with regards to virtual reality headsets that can be utilised in the Metaverse.

The metaverse is rife with commercial prospects, ranging from product marketing, to event sponsorships, as well as the trade of digital goods and games. By 2023, businesses of all sectors will commence exploration into how they can employ the metaverse to expand their operations. Moreover, various industries – such as manufacturing, healthcare, education, real estate, retail and entertainment – will flourish with pioneering metaverse-driven solutions created by prominent technology companies.

Upsurge in Robotics

Robots are progressively being employed in the commercial and industrial domains to supplant employees in roles that are either too hazardous or too unvarying for human personnel. Robotic Process Automation (RPA) is the technique of automating repetitive tasks.

Amidst the turmoil of the pandemic, robots have been increasingly employed in several aspects, such as optimising supply chains and curbing the requisite for manual labor in manufacturing. An article in Inc. magazine proposes that Robotic Process Automation (RPA) will become a “standard technology” for businesses by 2023.

Nanorobotics, a subdivision of robotics, boasts a plethora of potential applications, particularly in the domain of medicine. These robots are capable of administering medication to zones of the body that would otherwise be inaccessible. Additionally, nanorobotics can be exploited for a host of other purposes too.

  • Application of specific coatings to shield electronics from damage.
  • Wherein user data is collected through the fabric.
  • Development of lighter materials to construct more fuel-efficient modes of transportation.
  • Incorporating photovoltaic cells into solar energy systems has been demonstrated to raise light-to-electricity conversion rates, resulting in a more economical solution with reduced environmental repercussions.

Is It Advantagesous to Follow the Trend?

Exploring the latest technological innovations can be riveting, nevertheless, a discerning judgement should be made before deciding whether or not to incorporate them into your business. It is crucial to ensure that any tools being contemplated are genuinely advantageous to your company’s requirements. For instance, while some organizations may have limited use for robotics, the majority can leverage enhanced security measures. Consequently, it is recommended to assess your own necessities and specifications first, and subsequently evaluate the feasibility of any suggested solutions.

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