Forecasting the Future of Tech: Technologies on the Rise in 2023

Forecasting the Future of Tech: Technologies on the Rise in 2023

Every year, we see the rise of new technology — or old ones making a new name for themselves. The use of social media, mobile apps, and the cloud has overtaken every industry. And the list doesn’t stop there. 

These technologies will continue to change users’ lifestyles and personal preferences. From entertainment to commerce, the world is seeing a rapid transition from traditional to digital forms of engagement. This evolution will impact our day-to-day lives, the next generation’s habits, and even the structure of organizations worldwide. 

This blog covers six emerging technologies businesses should keep their eyes on in 2023. Dive in.

Generative AI

We’ve seen a massive increase in the quality of generative text and images with GPT-3 and derived models like DALLE-2 and ChatGPT. The results delivered from this technology are often indistinguishable from human-generated ones and get better day after day. Common use cases for these applications are writing suggestions for emails or coding.

In my opinion, models like these get commoditized and creative work is left at the core of product thinking. Being able to generate text and images intelligently requires us to think differently about work that could be done in a way that has never been done before, not just automating time-consuming tasks. I think there are still a lot of unforeseen use cases, such as generating didactic visuals out of scientific/educational content, creating user guides, and creating personalized non-copyrighted images/music that is unlimited, automated, and dynamic.

Benjamin Gil

Wizeline Technology Director in Technology Operations 

More Complex Mobile Games for Smartphones

The video game market won’t stop growing (even during a recession). Day by day, video gaming consolidates as a primary medium of entertainment worldwide, especially with the extension of its domain to new devices and technologies (smartphones, IoT, smart cars, etc.). Even during a recession, staying at home fighting zombies is generally cheaper than a night out with friends, even considering the initial investment of game consoles or devices. In the best-case scenario, you just open the mobile phone and install any game from the marketplace.

According to the shared statistics, mobile gaming is a win-win scenario for players and creative companies. Creating a mobile game for smartphones is considerably cheaper than creating video games for consoles or PC, and it is generating more revenue with microtransaction models. Even purchases of technology like VR is declining due to the huge cost of special hardware needed, the complex setup, and the lack of connection with other players in the same environment. Additionally, mobile gaming has a huge advantage; every year the hardware of the devices is more powerful, allowing to execute games that in the old days were restricted to PC or consoles.

J Sandoval

Wizeline Senior Director, Security and IT

Expanding the Vision of the Metaverse

Everyone is talking about the metaverse and how it is the next “Attention Economy.” More than likely, the metaverse is a collection of technologies that will be used to reinvent how we interact with our clients, employees, and each other. Everyone is trying to figure out how to develop the technology to scale virtual worlds and, simultaneously, thinking about how to make it profitable. Microtransactions and advertisements are what will make the metaverse profitable, as the technology will help us find new ways to use virtual environments to test real-world scenarios.

I think we are still early in the creation of platforms and tools to achieve the vision of the metaverse and three to five years from seeing accelerated adoption by users. For 2023, I think larger companies will focus on how to build services and products that will deliver more immersive experiences for their end users. Although the metaverse is not just about digitally recreating our physical world, Digital Twins are a good example of using a digital recreation of something physical to be more efficient. F1 teams have been creating digital twins of race cars to test various scenarios through digital simulations to optimize their performance on the track.

Danielle Ruess-Saltz

Wizeline CMO

Super Apps

Super apps combine services into one interface, and as a society that has become dependent on our smartphones for numerous daily functions, super apps are a convenience that can become a permanent fixture on mobile devices everywhere. Imagine the convenience of having one account login to access your social media, mobile banking, online shopping, or ride-sharing services. While still an emerging technology on the global spectrum, super-apps are highly popular in regions across Asia and Africa. It’s only a matter of time before the rest of the world catches up.

Although the metaverse is the trend, the development of super apps for big multi-solutions companies will be the focus for 2023, which we saw in 2022, immersing consumers into a single app and experience. Competition and innovation have created an ‘app for that.’ Creating a single app that covers one solution. A good example is how many streaming apps you have on your phone. And how many apps do you have to listen to music/podcasts? We will see the development of apps that can go across different services, solutions, and platforms to deliver a one-stop e-shop. On the other hand, for a single product, the focus for 2023 will be to optimize value through cloud-native and agnostic solutions to move fast and control costs.

Rick Vega Gomez

Wizeline Head of Technology Programs

Higher Use of Automation Technologies that Increase Employee Productivity

In an increasingly competitive job market, employers are looking for ways to keep up with the demands of their customers while also ensuring they stay competitive in their industry. This means that organizations will double down on trimming costs and increasing productivity from existing employees using technologies like intelligent automation.

Companies that have traditionally not looked at AI/ML services will begin an earnest effort to evaluate its impact. The approach will vary depending on the goal of the company. New entrants will look for quick wins by using Robotic Process Automation (RPA) to conduct standard business processes and re-task employees to do higher-level work. More mature entrants will use employee analytics to find processes that consume a lot of employee time and enable RPA. There will also be a rise in AI chatbots to handle more mundane customer service tasks.

Niten Jaiswal

Wizeline Field CTO

The Evolution of the Connected Intelligent World

While the concept of connected devices is not new, having the ability to connect the world this quickly and effectively was once a vision in sources of fiction. Now with technology allowing us to place video calls, stream our favorite movies (or ourselves watching them), and use social media to speak to people around the world, we see our everyday way of life evolving. 

By using technologies like IoT smart and intelligent devices that can store and transmit data, this concept of the Connected Intelligent World has emerged and enabled the evolution of other technologies like 5G and, eventually, 6G. This will help foster a truly smart and connected world able to monitor and report on everything.

We are amidst the evolution of the Connected Intelligent World, and with the widespread use of 5G and 6G. I can see small IoT devices called ‘nanobots’ being created. These nanobots could swim in our bloodstream and help us monitor our health more thoroughly and accurately. Energy companies will leverage such technology to build intelligent and smart energy grids and even entire smart cities that can be monitored using digital twin technology and AI. This technology will allow us to reimagine many sectors, from Healthcare to city planning and manufacturing. It could also be coupled with sustainability and being environmentally friendly.

Moe Abdelaziz

Wizeline Technology Director

In Conclusion

What the future truly holds is anyone’s guess. But there’s no doubt that these six technologies will have an impact on the world in some way or another. The more intelligent technology becomes, the smarter it is to keep up with them and prepare yourself through education and experimentation. Your knowledge of emerging technologies can help your business to succeed in years to come.

At Wizeline, we deliver seamless, scalable digital solutions, embedding the right technology, methodology, and mindsets within our customers’ organizations. As a nearshore software development partner, Wizeline can help you solve your biggest business-technology challenges with custom-tailored offerings. Are you ready to transform the customer experience and strengthen the digital core that powers it? Contact to start the conversation today!

Tajma Brown

Posted by Tajma Brown on January 26, 2023