Albiorix is a custom software development company providing top-notch services to build tailor-made custom software solutions to your needs.
At Albiorix, we enjoy working on popular and trending technologies. Whether it's backend or frontend, AI or Cloud, we can help your business innovate and grow.
Our expertise spans all major technologies and platforms, and advances to innovative technology trends.
We strictly adhere to the standard software development lifecycle to provide the best possible IT solutions for your business success.
Check our web & mobile app development portfolio. We have designed and developed 150+ apps for all business verticals as per their specific needs.
Our prime clients share the prioritized experience and personal recommendations about working with our development team.
Albiorix Technology is a Australia-based IT consulting and software development company founded in 2018. We are a team of 100+ employees, including technical experts and BAs.
Founder & CEO
Published On: Jan 05, 2023
Are you searching for the best way for your business to save costs, improve margin, or reinvest in the coming years? Then, it’s the right time for you to reinvent the business model.
Business leaders and technologists are working hard and smartly to assess the potential impact of multiple technology trends to enhance their business performance. Such trends are vital in dealing with specific strategies, like growing revenue, accelerating digital, maximizing value from data, or protecting and building your brand.
These Technology trends could represent a risk or opportunity for your organization, and this list will help you create a technology roadmap to drive impact on a range of strategic ambitions.
Let’s explore the best technology trends that will help to achieve your business a big success in 2023.
Artificial Intelligence (AI) will rule the competitive market in 2023 for almost all business verticals. With its innovative features like No-code AI and easy drag-and-drop interfaces, AI utilizes its power for designing and developing more intelligent products and services.
Such a fantastic technology trend is benefiting the retail market. For example, Stitch Fix is one of the leading fashion brands that typically uses AI-enabled algorithms to show personal clothes recommendations to its customers that match their sizes and tastes.
So the biggest question that arises in our mind is what are the most critical AI technology trends business leaders need to invest in to grow customer satisfaction and revenue in 2023?
As per the recent survey by Gartner, it has been predicted that companies using adaptive AI by 2026 will outperform competitors by 25%.
It has been estimated that generative AI will account for 10% of all data produced by 2025.
We have a team of talented developers who are proficient in providing the best possible web and mobile app development solutions for your business.
Data Source: Hyperautomation statistics
Data Source: Conversational AI Statics
Artificial Intelligence (AI) in Cybersecurity market size is expected to reach USD 60.6 billion at CAGR rate of 21.9% from 2023-2028.
As per the recent survey by ThinkAutomation, the digital automation market will reach to $12.61 billion by 2023.
Generally paired with AI advancement, Digital twins are a tech trend that plays a vital role in transforming business operations or creating new business value.
As per Gartner’s definition, a digital twin is nothing but a digital representation of a real-world entity or system. With the help of digital twins, you can effectively integrate multiple data for a composite view across many real-world entities, such as a power plant or a city, and their related processes.
Seeing the AI technology trends, the demand for software developers will slow down with the invention of new AI, ML, and low-code platforms.
Before we start to understand the concept of Blockchain as one of the top technology trends in 2023, we need to analyze the idea of working with Blockchain. Generally, only two parties are deeply involved in verifying data, and that is with a centralized system.
Now, as there is only one centralized system, there are more chances of getting complexities. Is there any optimum solution to get rid of it? Yes, Blockchain is the ultimate solution that makes your work easier than ever.
The revenue of the Blockchain technology is expected to climb to over 39 billion U.S. dollars in size by 2025 – Statista.
Moreover, the ultimate control of an organization is removed, and you can quickly store the data in an encrypted format and much more secure. Decentralization helps you easily transact, communicate, and do business and facilitates automation, translating into a massive boost in digital property.
The primary goal of implementing Blockchain in your business process is to
For that particular reason, Blockchain is essential to be implemented for improving data tracking, creating new billing systems, hosting patents, tracking sales processes, protecting medical data, etc.
Since the Covid pandemic, almost all businesses have been addicted to climate disasters, which has shown a significant impact of challenging factors in recent decades.
So, investors and customers generally prefer businesses that strictly follow the proper environmental and social credentials. On the other hand, buying trends are also taking a giant leap towards conscious consumers who have prioritised factors such as ecological impact and sustainability when choosing who to buy from or do business with.
And if we talk about the green technology and sustainability market size, you’ll be surprised to know that it’s going to peak at 417.35 billion U.S. dollars by 2030 – Statista.
It would help if you initiated by measuring their business impacts on society and the environment. Moreover, it will help you gain transparency, reporting, and accountability functionality. Every business needs a plan with clear goals and timeframes to reduce negative impacts, which needs to be underpinned by solid action plans.
As we are talking about the technology trends of 2023, Industry cloud platforms are next on our list. Such an innovative platform is designed explicitly to meet the specific needs of almost all business verticals that are primarily served by generic solutions.
Vertical cloud platforms are the best examples of such industrial cloud systems as they combine software, platform and infrastructure as a service (IaaS) capabilities as a centralized system.
The recent survey of Statista says that the cloud system infrastructure services (IaaS) segment is forecast to grow by 30.5 per cent in 2023.
And if we talk about virtual cloud platforms, they are entirely based on public cloud services. In addition, it offers you a more agile way, and you can efficiently manage workloads and accelerate change against the particular business, data, compliance or other business needs.
A major factor that makes your business a huge success is the positive and improved customer experience. It does not mean that companies must be ready to deal with any sort of compromise for both price and quality.
And yes, both are the essential parameters you need to consider while choosing, purchasing, and enjoying the goods and services we spend our money on.
Traditionally, the primary role of technology role is to efficiently streamline business processes and remove the hassle from the client’s life. The best way to do this is to use recommendation engines that play a crucial role in deciding what to buy or online customer service portals that deal with problems and after-sales support.
Your search ends at Albiorix as we provide you with cost-efficient solutions to meet your business IT needs.
The term “metaverse” has adopted a new terminology of the internet where you have full freedom to work, play, and socialize on a persistent platform.
As per the expert’s review, the Metaverse will add $5 trillion to the global economy by 2030, and 2023 will be the year that defines the direction of the Metaverse for the next decade.
Augmented reality (AR) and virtual reality (VR) are the leading technologies constantly upgrading with new advancements. One area to watch is the work environment in the Metaverse — in 2023, I predict we’ll have more immersive meeting environments where we can talk, brainstorm, and co-create.
One of the best companies that have adopted Metaverse as their primary technology are Microsoft and Nvidia for collaborating on digital projects.
A digital immune system (DIS) helps you mitigate business risks by combining best practices and technologies for software design, software development, operations and regular analytics.
Digital Immune System’s excellent part is improvising the customer experience by combining various software engineering practices. It is made possible by strictly following observability, automation, and revolutionary design and testing for your business product.
Companies that are investing more in creating digital immunity will increase customer satisfaction by decreasing downtime by 80% by 2025 – Report by Gartner.
DIS is actively responsible for delivering resilient systems that will help you mitigate operational and security risks in your business process.
Digital Immune System helps protect your business from the effects of software bugs or security issues, making your applications more resilient. In addition, you can quickly recover from failures.
Platform engineering is an emerging technology trend for your business in 2023, as it accelerates the application delivery and the pace at which you can efficiently produce business value.
The platform engineering aims to improve the developer experience and productivity by providing self-service capabilities. This technology approach typically uses automated infrastructure operations, and it’s trending because it promises to optimize the developer experience and accelerate product teams’ delivery of customer value.
These top technology trends will help you and play an essential role in fulfilling your business needs to optimize, scale or pioneer.
The main motive for listing such trends was to make you align your technology innovation with the future strategic objectives of your enterprise.
I recommend starting investment in sustainable technology, as it helps you provide operational and financial benefits and create growth opportunities.
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