Top strategic tech trends for 2024

Top strategic tech trends for 2024

Let’s begin this new year by delving into the pulse of the tech industry and take a look at the upcoming trends in strategic technology – innovations that shape the way we live, work and interact. 

Flashback: strategic tech trends in 2023

2023 has seen the widespread adoption of various strategic technologies. Artificial intelligence – particularly generative AI – has grown into great importance across different industries. Superapps, the likes of which include Grab and AliPay, have also made their way into the mainstream digital ecosystem.

The metaverse concept, an offshoot of growing virtual reality tech, has also gained ground in 2023. Businesses have also moved from adapting limited software-as-a-service (SaaS) tools to more comprehensive industry cloud platforms. Innovative methods, such as the digital immune system and wireless value realisation, have become essential components of product development and business growth.

Trends to expect in strategic tech this year

So, what should we look forward to in 2024? A report from Gartner predicts the following trends:

  1. Democratisation of generative AI. Organisations are geared toward democratising generative AI by combining pre-trained models with cloud technology and making them open-source. Additionally, more organisations are looking to invest in this technology, thanks to ChatGPT’s popularity.
  1. More companies will adopt AI trust, risk and security management (AI TRiSM). AI TRiSM integrates AI governance in advance, and ensures systems in development are fair, reliable, and are compliant with existing data privacy laws and regulations.
  1. Large organisations will prioritise AI-augmented development. This is especially true with companies with sizable development teams. Integrating AI into their teams’ processes makes sure that developers put more focus on strategic and creative tasks.
  1. Intelligent applications will be on the rise. These applications basically adapt to the users’ needs to better help them with their tasks. The ongoing talent shortage, plus the focus on AI-augmented development, are certainly going to put intelligent apps on the spotlight.
  1. Robots will do the buying. Step aside, customer-support chatbots; machine customers or “custobots” will be making headwinds this year. As the name suggests, they will purchase goods and negotiate prices on behalf of a human buyer who only needs to know what they need and send the bot on its way.
  1. Continuous threat exposure management will be routine. This is based on the understanding that cybersecurity threats are continuously evolving. Here, organisations simulate potential attacks and test tools that could penetrate their system, allowing them to set up countermeasures in advance.
  1. There will be more emphasis on sustainable technology. This is especially a concern due to the excessive power consumption and carbon footprint of cryptocurrency, AI and other digital technologies.
  1. We will see more platform engineering. Companies will move away from developing single digital products to entirely layered, well-maintained internal development platforms that can maximise productivity and deliver new offerings in the shortest time possible.
  1. Industry cloud platforms are here to stay. Businesses need agile, customisable solutions that suit their needs and budget – a question that industry cloud platforms can answer.

About Sam P

EnterpriseZone Staff Writer

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