Top emerging technology trends in 2023

With advances in hardware and software development, security considerations, and connectivity that came of age during a global pandemic, businesses are entering a new era of technology.

Artificial Intelligence (AI) and Machine Learning (ML)
AI and ML once represented the cutting edge of computer science. Increased applications have put the technologies increasingly in people’s hands through their mobile phones. Machine Learning allows an algorithm to predict future outcomes with current data. Artificial Intelligence represents the next step in machine learning, when an algorithm can carry out essential tasks on its own.

Robotic Process Automation (RPA)
Before computers, most processes involved some human intervention. Large-scale manufacturing employs thousands of people. Just like people, software robots can understand what’s on a screen, complete the right keystrokes, navigate systems, identify, and extract data, and perform a wide range of defined actions.

Internet of Things (IoT)

The Internet of Things is an advanced automation and analytics system bringing together artificial intelligence, sensors, networking, in computing clouds. The system created by IoT has greater transparency, control, and performance. Almost every device built with WiFi connectivity can be connected to the internet and with each other. This new era of technology has already enabled devices, home appliances, cars, etc., to connect and exchange data over the internet.

Virtual Reality (VR) and Augmented Reality (AR)
Virtual Reality technology seeks to create a realistic three-dimensional environment that a person perceives as real and can interact with in realistic ways. Augmented Reality (AR) overlays visuals, sounds, and other sensory information for the user through a device like a smartphone or glasses, to create an interwoven experience where digital information alters the user’s perception.

Centralized servers’ limitations are the reason behind the revolution in blockchain. A blockchain is a constantly growing ledger that keeps a permanent record of all the transactions that have taken place in a secure, chronological, and immutable way. The application of blockchain processes has grown beyond cryptocurrency. Because it is never under the complete control of a single entity, it is entirely consensus-driven.

Cathy Chandhok
Chief Marketing Officer, Infogain

5G Technology
5G is a young technology in 2022, though companies and governments around the world have spent years preparing for its rollout. 5G technology has a theoretical peak speed of 20 Gbps, while the peak speed of the current 4G standard is only 1 Gbps. 5G promises lower latency, which can improve the performance of business applications as well as other digital experiences such as online gaming, videoconferencing, and self-driving cars.

Summing it up!
“Remote work is here to stay, but it will evolve. Leadership’s opportunity is to employ all the technology tools to ensure employees are more productive and safer wherever they work. That technology can also make disparate global teams feel more connected and the entire organization more cohesive, focused and data-secure. With our human-centric approach to platforms, Infogain is uniquely positioned to help our clients realize those potentials. We leverage their current technology and strengths and don’t disrupt their core business.”

Disclaimer: The views expressed in this article are those of the author and do not necessarily reflect the views of the Economic Times – ET Edge Insights, its management, or its members

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