During the next two to ten years, emerging technologies will have a great impact on business, transforming the way we work, interact and interact with computers. But, if you’re not sure how these technologies will help your organization, it may be a good idea to look at what Forester Research has identified as the top emerging technologies of 2023.
Artificial intelligence (AI) is one of the most exciting technologies on the market. It has applications across multiple industries, including ride-sharing, hotel bookings and even navigation apps. Currently, most of the hype around AI is around its applications for picture recognition and voice recognition. The technology is also known for its ability to analyse large chunks of data. It is used in the creation of mobile apps and next-generation trading systems. In addition to providing solutions for a wide range of industries, AI can also work as a smart online assistant.
Another exciting technology trend is Quantum computing. This technology uses quantum theory to solve computations quickly and efficiently. It can monitor and query data regardless of the source, making it an ideal tool for fraud detection and financial applications. It will outperform traditional computers in these applications.
Virtual Reality and Augmented Reality are two other technologies that are making their way into mainstream enterprises. They are used for training, simulation and entertainment. Virtual Reality immerses the user in a virtual environment while Augmented Reality adds to the virtual environment. These technologies are gaining popularity in education, retail and medical professions.
Web3 is another exciting technology. This technology is in the midst of constant change, but it promises a Web that is not dominated by big tech companies. It is a token-based ecosystem that will support the creation of records between machines. It could also enable micro payments through cryptocurrencies. The hype surrounding Web3 is based on the publicity surrounding it.
The fifth-gen wireless is another emerging technology trend. This technology will improve IoT networks by providing a more stable and faster internet connection. It will be used to allow consumers to connect multiple devices with a single hub. The technology can also be used for machine remote control and industrial automation. In fact, every telecom company is already working on 5G applications.
Embryonic technologies are still in the early stages, but they have great potential to strengthen revenue streams and benefit individuals’ control over their data. They also benefit ecosystems. A large number of companies are experimenting with the technologies, including Amazon Web Services (AWS), which offers compute and storage capabilities. In addition, Amazon Web Services also offers artificial intelligence capabilities.
One other emerging technology that’s making headlines is cyber security. These technologies are becoming increasingly important, particularly in light of recent security threats. It is important for IT experts to keep up with the latest technological trends to keep their organizations secure. In the future, cyber security will be an important emerging technology trend, particularly as we become increasingly reliant on the internet.