Tech In 2023 - Industry Predictions For 2023 & Beyond
December 1, 2022 - 13 min read
December 1, 2022 - 13 min read
In This Newsletter, We Look At What Is Trending In Various Industries & How Overworked IT Departments Need A Better Way To Deliver Digitally Enabled Products And Services At The Speed The Business Requires.
Businesses have faced huge challenges and have undergone an incredible amount of change over the past few years, and this won’t slow down in 2023.
Businesses will have to deal with the aftereffects of the global pandemic, Russia’s invasion of Ukraine, economic challenges, as well as an ever-faster development of technologies.
Some of the developments we will likely see starting in 2023 over the next few years include: Global annual data creation may increase by 20-25% due to higher network connectivity speed. Telecom companies may see a 10-20% revenue increase from 5G network connectivity and B2B services.
Here are the trends the experts at Vodworks believe will have the greatest day-to-day impact on the way we work and do business in 2023 & beyond.
Software is an expression of the business. To achieve this expression, developers face a sea of constant opportunities — and challenges. For every API champion coming out of the business, there’s a security threat to citizen development at the permitter.
For all the progress in value stream management, there is little progress being made in metaverse API standards. Software development is a continuous set of ups and downs that people must navigate, whether they are professional or citizen developers.
In 2022, we predicted that event-driven architecture would take hold, mobile development environments would increasingly support web runtimes, development teams would shift to consolidated DevOps toolchains, development tools would be enhanced by AI, and collaborative work management would overtake strategic portfolio management. These predictions largely held true.
In 2023 software development, we’re predicting a more tumultuous sea. Waves will crash high (business objectives will drive API efforts) and low (for all the effort to create standards, some areas of development will be just too nascent).
Read more on FORRESTER.
By 2024, 80% of technology products and services will be built by people who are not full-time technical professionals. This is one of the findings revealed by Gartner during its annual Symposium in Barcelona.
Combined with robotic process automation (RPA) and the concept of composable business, in which teams across IT and the business implement composable applications, on the takeaway menu at the Gartner Symposium is the fact that CIOs may need to rethink how and where they allocate resources to support digital business initiatives.
In a presentation entitled The new economics of technology, Gartner distinguished analyst Daryl Plummer asked delegates to consider what the notion of writing the code means to them. He said: “Is it about writing code or is it something else?”
Read more on Computer Weekly.Com
In the post-pandemic scenarios in 2022, software development trends have grown even more robust. The global software development market is projected to expand at a CAGR of 11.7% from 2022 to 2030.
Noticing that our clients spend more attention on software development, we’ve compiled a list of the top 11 software development trends (2023-2024) that might drive your business’s revenue.
Management teams are in a conundrum as they contemplate growing IT budgets against a backdrop of a 2023 slowdown. While 86% of decision-makers expect a recession, they are poised to spend more on technology. While 6% of companies will pull back on spending next year, 51% expect to increase spending by an average of 21%.
Read more on Exploding Topics.
As the turn of the year approaches the annual ritual of identifying tech trends and making predictions for the next solar orbit swings into action. Such exercises are always interesting but also inherently risky – particularly in uncertain times such as those we have recently experienced and continue to live through.
For example, few at the end of 2019 would have forecast that the world of work would be turned upside down during the following year by a global pandemic, leading to an unprecedented focus on devices and services that facilitated remote working, and ushering in a likely permanent shift to a hybrid model.
Then, just as economies were adjusting to and recovering from the pandemic, Russia's invasion of Ukraine in February 2022 caused a sharp rise in energy prices, increased inflation, supply chain issues, and fears of widespread recession. This series of shocks has profound implications for the IT industry that look set to continue through 2023 and beyond.
Read more on ZDNet.
Workplaces, roles, and customer expectations are evolving. It’s never too soon to start thinking about what’s coming next. As voice search becomes more widely used by customers, businesses must change their SEO strategies and digital presence to adapt.
The way we work has changed radically over the last few years, and in ways, few could have predicted. Remote work, hybrid work, and returning to the office: Businesses have taken a scattered —and at times inconsistent — approach to allowing employees to work from home.
Many business owners are realizing that the decision whether or not to allow remote work actually focuses on the wrong thing. Are these changes here to stay, or will we see some new work and business trends crop up in 2023? Here are some predictions some experts are making for next year.
Read more on the U.S. Chamber of Commerce.