Top 5 New Technology Trends for 2023

Today's technology is developing quickly, enabling quicker change and advancement and accelerating the rate of change.

Today’s technology is developing quickly, enabling quicker change and advancement and accelerating the rate of change. The COVID-19 outbreak this year has impacted a lot more than just technology trends and up-and-coming technologies. It has made IT professionals recognize that their roles will change in the contact-less world of the future. And an IT professional will be continually learning, unlearning, and relearning in 2023–2024.

With improvements in machine learning and natural language processing, artificial intelligence will be more common in 2023. Using this technique, artificial intelligence will be able to comprehend us better and carry out more difficult tasks. According to predictions, 5G will change how we live and work in the future.

  1. Computing Power
  2. Smarter Devices
  3. Datafication
  4. Robotic Process Automation (RPA)
  5. Artificial Intelligence and Machine Learning

1. Computing Power

Since practically every appliance and gadget in the digital age is already computerized, computing power has already cemented its position in the world. Additionally, data science specialists have forecasted that the computational infrastructure we are currently constructing will only improve over the next few years, so it’s here to stay. At the same time, prepare for a 6G age with more power in our hands and devices all around us. We already have 5G.

Even better, increased processing power is creating additional tech jobs, however these positions would necessitate specialised training for applicants. This industry will be the main source of employment in every nation, generating jobs in everything from data science to robots and IT administration. More technicians, IT teams, relationship managers, and the customer care industry will be needed as our devices become more computationally intensive.

2. Smarter Devices

Our world is now more intelligent and well-functioning thanks in large part to artificial intelligence. It goes above and beyond mere human simulation to make our lives easier and more convenient. As data scientists develop AI household robots, appliances, work devices, wearables, and much more, these smarter products will be around well into the future, possibly even beyond 2023. To make our work lives more manageable, sophisticated software programmes are almost always required. As more businesses transition to digital environments, smarter gadgets are another addition to the IT sector that is in high demand. These days, success in almost every higher-level position necessitates strong IT and automation skills.Here are the best jobs you can venture:

  • IT Manager
  • Data Scientists
  • Product Testers
  • Product Managers
  • Automation Engineers
  • IT Researchers

3. Datafication 

Simply put, datafication refers to the conversion of all of the objects in our lives into software or data-driven gadgets. So, to summarise, datafication is the conversion of manual labor-intensive operations into technology that is driven by data. Data is here to stay for longer than we can ever remember, from our smartphones, industrial machinery, and workplace applications to AI-powered gadgets and everything else! Therefore, maintaining our data in a secure and safe manner has become a sought-after specialty in our economy.

As a result of datafication, there is a greater need for IT specialists, data scientists, engineers, technicians, managers, and many other occupations. Even more helpful is the availability of certification programmes in data-related specialisations for anyone with a solid understanding of technology who wants to work in this field. When it comes to data employment, talents are more important than high-level degrees, and we are seeing a lot of effective leaders emerge from smaller cities and developing nations like India. By taking a course like RPA to better your understanding of how automation functions in the realm of data, you can also arm yourself with this useful trending talent.

Let’s look at some popular data careers:

  • Big Data Engineers
  • Robotics Engineers
  • IT Architect
  • Business Intelligence Analyst
  • Data Scientists

4. Robotic Process Automation (RPA)

Like AI and Machine Learning, Robotic Process Automation, or RPA, is another technology that is automating jobs. RPA is the use of software to automate business processes such as interpreting applications, processing transactions, dealing with data, and even replying to emails. RPA automates repetitive tasks that people used to do. 

Although Forrester Research estimates RPA automation will threaten the livelihood of 230 million or more knowledge workers or approximately 9 percent of the global workforce, RPA is also creating new jobs while altering existing jobs. McKinsey finds that less than 5 percent of occupations can be totally automated, but about 60 percent can be partially automated.

For you as an IT professional looking to the future and trying to understand latest technology trends, RPA offers plenty of career opportunities, including developer, project manager, business analyst, solution architect and consultant. And these jobs pay well. An RPA developer can earn over ₹534K per year – making it the next technology trend you must keep a watch on!

Mastering RPA will help you secure high paying jobs like:

  • RPA Developer
  • RPA Analyst
  • RPA Architect

5. Artificial Intelligence (AI) and Machine Learning

Artificial Intelligence, or AI, has already received a lot of buzz in the past decade, but it continues to be one of the new technology trends because of its notable effects on how we live, work and play are only in the early stages. AI is already known for its superiority in image and speech recognition, navigation apps, smartphone personal assistants, ride-sharing apps and so much more.

Other than that AI will be used further to analyze interactions to determine underlying connections and insights, to help predict demand for services like hospitals enabling authorities to make better decisions about resource utilization, and to detect the changing patterns of customer behaviour by analyzing data in near real-time, driving revenues and enhancing personalized experiences.

The AI market will grow to a $190 billion industry by 2025 with global spending on cognitive and AI systems reaching over $57 billion in 2023.  With AI spreading its wings across sectors, new jobs will be created in development, programming, testing, support and maintenance, to name a few. On the other hand AI also offers some of the highest salaries today ranging from over $1,25,000 per year (machine learning engineer) to $145,000 per year (AI architect) – making it the top new technology trend you must watch out for!

Machine Learning the subset of AI, is also being deployed in all kinds of industries, creating a huge demand for skilled professionals. Forrester predicts AI, machine learning, and automation will create 9 percent of new U.S. jobs by 2025, jobs including robot monitoring professionals, data scientists, automation specialists, and content curators, making it another new technology trend you must keep in mind too!

Mastering AI and machine learning will help you secure jobs like: