What tech trends will companies focus on in 2023?

Consulting company endurance point I asked 1,200 technical advisors to give their opinion on the areas and technologies that will be of particular interest to companies in 2023.

Five trends emerged that stand out from all of the mentioned technology areas. A short summary shows where the journey could go in 2023.

Top 5 tech trends of 2023

According to the authors, the following technology trends provide answers to companies’ most pressing challenges. Especially since, according to Bearing Point, the top 5 technology trends of 2023 are seen as real game-changers and could form the basis for new business models.

1. Generative AI – Accelerating innovation through new data
Generative AI is a broad term that describes any type of artificial intelligence that uses learning algorithms to create new digital objects such as images, videos, audio, text, and code. The purpose of a generative AI model is to generate synthetic data and train the model to make inferences about key training data.

While generative AI is often associated with deepfakes, technology is playing an increasingly important role in automating the repetitive processes used to correct digital images and sound. Generative AI is also being used experimentally in manufacturing as a rapid prototyping tool and in business to improve data augmentation for process automation (RPA).

Thomas Krustpartner at Bearing Point: “AI solutions not only make predictions, they can also generate new ideas based on existing data. Thus, artificial intelligence opens up new dimensions of innovation.”

2. Metaverse – digital and real merging
Metaverse blurs the lines between the physical and digital worlds, between physical and virtual reality – a network of 3D virtual worlds where VR and AR headsets enable social connections. Metaverse is a living and continuous digital world that provides individuals with a sense of agency, social presence, shared spatial awareness, and the opportunity to participate in a broader virtual economy with profound societal impact.

In addition, the Metaverse can aid in environmental transformation by helping reduce carbon emissions – whether by replacing physical goods and meetings with digital solutions, or by replacing real existence with virtual interactions or digital twins that will help us improve the physical world.

3. Cloud-native platforms – New ways to develop products
As most public and private organizations have migrated their legacy information systems to the cloud following the 6Rs model (Rehost, Replatform, Repurchase, Rearchitecting, Retire, and Retain), development teams are now adopting cloud frameworks and platforms to build new applications to develop it. This new approach to product development is driven by traditional cloud promises such as accelerated product development cycles, scalable managed services, innovative cloud capabilities (serverless, machine learning, advanced analytics) and sustainable, flexible and highly automated technologies.

This revolution in new application development brings with it change, vendor and cost management challenges and has a major impact on how IT organizations manage talent and company culture.

4. Embedded data and analytics – no success without actionable use cases
Successful companies take a holistic approach and continually incorporate data and analytics into their business. They also monitor new trends and adapt accordingly. However, they are always moving along a roadmap with initiatives and use cases that lead them to their goals. Organizations need to identify and prioritize actionable use cases and work with a comprehensive plan. Without these use cases and the right plan, data analysis won’t help you much.

5. Zero Trust at Scale – Cyber ​​Security as the Core of Information Security Architecture
Companies are increasingly operating in complex business ecosystems. This requires connections to IT resources from a large number of users from different organizations, and communication from anywhere and from any device. All of this is happening against the backdrop of an explosion of cyber threats that require the strengthening of Zero Trust as a core architectural principle. As a result, CIOs must implement comprehensive, dynamic, granular identity and access control solutions at scale.

What is new and different compared to 2022?

BearingPoint conducted the survey for the second time, so the comparison and development between 2022 and 2023 is possible and interesting. The following graphic shows the results of the 2022 survey compared to the drafted technology trends for 2023.