Top 5 Emergent Technologies To Watch In 2023
In 2023, many technology revolutions are already underway, but it's never too late to start educating yourself about them and what they might mean for your business. Artificial intelligence and machine learning are at the top of the list this year and are even being discussed alongside unlikely industries like healthcare.
Author:James PierceReviewer:Elisa MuellerMar 22, 20234 Shares581 Views
In 2023, many technology revolutions are already underway, but it's never too late to start educating yourself about them and what they might mean for your business. Artificial intelligence and machine learning are at the top of the list this year and are even being discussed alongside unlikely industries like healthcare.
So let's see today what emerging tech could change our lives and reshape reality as we know it!
Watch Out for These Burgeoning Technologies
If you want to dive into the latest new 2023 technologies as a short list, here is the new tech making headlines:
- AI (Artificial Intelligence)
- IoT (Internet of Things)
- Cybersecurity for Remote Workforces
- Metaverse
- Datafication
Calling all of these emerging is debatable. Businesses have been talking about AI and the Internet of things for a long time, going back to Hoory's AI customer experience articleand other popular analyses of these important business technologies. However, this is the first year businesses are getting serious about using these technologies.
Top Technologies and How They're Shaping the Industry
Even these top trending technologies have their own trends, such as Forbes reporting how the Internet of Things is evolving in 2023. In addition, each of these technologies will shape different industries differently.
1. With AI and Machine Learning, the Sky's the Limit
AI is one of the top news headlines worldwide, not just in the business world. 2023 is the year every business woke up and finally thought, "I could really use that." The benefits of AI for customer service include the ability to process colossal amounts of data, predict customer behavior and act before the behavior takes place, and of course, make customers happier with overall customer service.
But the AI applications don't stop here. All industries use AI one way or the other, and soon, many more will jump on the bandwagon too.
- Healthcare- AI is used to analyze medical images and diagnose diseases. It is also being used for drug discovery and personalized medicine.
- Finance - Fraud detection, risk management, and trading algorithms. Chatbots are also being used for customer service.
- Manufacturing – Businesses use AI for quality control and supply chain optimization mostly, but autonomous robots in factories are not sci-fi tropes anumore.
- Retail - Personalized product recommendations, inventory management, and customer service.
- Transportation - Autonomous vehicles, route optimization, and predictive maintenance of vehicles.
- Education - Personalized learning, grading, and plagiarism detection.
2. The Internet of Things Helps Automate Workspaces
Productivity is what creates worker success. Unfortunately, in real life of things, the regular office space often requires workers to do non-work related things just to get started for the day. This reduces productivity. The new IoT workspace takes care of all those time-wasters. Imagine walking into a workspace that knows you're there and has the lights, computers, and programs up for the day.
3. Cybersecurity Shifts to Protecting Remote Workers, Too
Many academic researchers believe that in 2023 cybersecurity will shift to guarding the remote workers of the world. The pandemic created a large remote workforce that mixes business with home life. To protect these workers and their companies, remote cybersecurity is a must.
4. The Metaverse Comes to Life in Workplaces
Remote workers could soon find themselves interacting in a truer-to-life way with online spaces devoted to the Metaverse. While the tech is still in its infancy, there is already talk of its advantages in remote workspaces. The advantage is obvious: by creating something that mimics real life, remote workers might feel less disconnected from their organizations.
5. Datafication Converts Humanity into Technology
This one might sound the most futuristic or even unnerving of everything on this list. It's the idea that everything we are and do can be converted to some form of technology (software, devices, IoT products). Is this true? Is humanity a network of data points that can be transformed into a technology of some form in every case? Is your business letting good data go to waste right now and not turning it into something more?
What This Means for Business and Customers
The world of technology changes at a staggering pace. In just the time it's taken to read this article, thousands of new technology products are flooding online. Many thousands more were just thought of by someone hoping to start a business or enhance their current one with a more forward-thinking concept.
Every modern business benefits from technology, even if it doesn't outright create it. By adding concepts like AI and Metaverseinto their operations, business owners step into a brave new frontier of innovation. Whether they win or lose depends on their understanding of the technology they're adopting.
AI and machine learning lead the way this year, but trends constantly change, so anything else listed here could overtake AI in the headlines tomorrow. And that's the beauty of technology. It never stands still. It never stops analyzing. And if it's good technology, it never stops making your business more productive or inspiring.
James Pierce
Author
Elisa Mueller
Reviewer
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