Top 5 Technology Trends for 2023 – BearingPoint Survey

BearingPoint surveyed more than 1,200 technology advisors to see what technology areas companies will focus on in the next year.

Amsterdam, 10 October 2022– (work wireBearingPoint, a management and technology consulting firm, says the top 5 technology trends for 2023 that will transform business are:

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  1. generative artificial intelligence

  2. metaverse

  3. Cloud Native Platform

  4. Embedded data and analytics

  5. widespread lack of trust

BearingPoint conducted a survey of second-year technology consultants to see which technology areas will receive the most attention in 2023. According to over 1,200 respondents, AI remains the number one trend, with only a different focus. Metaverse is a new entry this year and is seen as playing an important role in making businesses more sustainable. Embedded data and analytics ranked fourth for the second year in a row.

Stefan Pechardscheck, Global Technology Lead at BearingPoint: “Our new technology trends have answers to the most pressing challenges businesses face. The top 5 technology trends of 2023 are once again game-changing and could be the basis for new business models. New trends like the metaverse, which Integrating digital and reality, it will also play a huge role in society, such as sustainability through replacement or improvement. Our customers can benefit from all these technologies. Tools are improving, possibilities are increasing, providing companies with more possibilities to reap values.”

Here’s what BearingPoint says the survey tells us about the top 5 tech trends for 2023.

Generative AI – Accelerating innovation with new data

Generative AI is a general label describing any type of AI that uses unsupervised learning algorithms to create new digital objects such as images, video, audio, text, and code. The purpose of a generative AI model is to generate synthetic data, forcing the model to make inferences about the most important training data.

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

Metaverse – digital and real merging

The metaverse blurs the lines between the physical and digital worlds, and between real and virtual – a network of 3D virtual worlds, with VR and AR headsets facilitating social connections. The metaverse is a living and continuous digital world that gives individuals a sense of agency, social presence, shared spatial awareness, and the ability to participate in a large-scale virtual economy with profound societal impact.

The Metaverse also promises reductions in carbon emissions, whether through replacing physical goods and meetings with digital goods, replacing real-world presence with virtual interactions, or digital twins that will help improve the physical world.

Cloud Native Platform – New Ways to Develop Products

Since most public and private organizations have migrated legacy information systems to the cloud using the 6R model (rehost, re-platform, repurchase, re-engineer, retire, and retain), development teams are now adopting cloud frameworks and platforms to develop new applications. This new approach to product development is driven by traditional cloud promises such as accelerated product development cycles, scalable managed services, innovative cloud features (serverless, machine learning, advanced analytics), evergreen and resilient technologies and superior automation. This revolution in new application development raises change, vendor management, and cost challenges and severely impacts how IT organizations manage talent and culture.

Embedded data and analytics – businesses get lost without priority use cases

Companies that succeed have a holistic approach and continually embed data and analytics into the business. They monitor new trends and adapt accordingly but always move along a roadmap with initiatives and use cases that propel them towards their goals. Companies must identify and prioritize actionable use cases and ideas and work with a comprehensive plan. Without these use cases and a plan, data analysis won’t go far.

Zero Trust at Large – Cybersecurity is at the heart of Information Systems Engineering

Increasingly, companies operate in complex business ecosystems that require connections to IT assets from a variety of users from different organizations connected from anywhere and from any device. It all takes place in the context of the explosion of the cyber threat, prompting the promotion of zero-trust as a core principle of architecture. CISOs (Chief Information Security Officers) are required to implement, at scale, a comprehensive, dynamic and specific set of identity and access control solutions.

About Bearing Point

endurance point It is an independent management and technology consulting firm with European roots and global reach. The company operates in three business units: Consulting, Products and Capital. Consulting covers consulting business with a clear focus on selected business areas. The products provide IP-based digital assets and managed services for critical business processes. Capital delivers merger, acquisition and transaction services.

BearingPoint’s clients include many of the world’s leading companies and organizations. The company has a global advisory network of more than 13,000 people and supports clients in more than 70 countries, working with them to achieve measurable and sustainable success.

For more information, please visit the website:

Homepage: www.bearingpoint.com
LinkedIn: www.linkedin.com/company/bearingpoint
Twitter: @stamina point

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Contacts

Media contact
Alexander Bock
Global Communications Manager
Tel: +49 89 540338029
Email: alexander.bock@bearingpoint.com

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