After an extremely turbulent 2022 in terms of technology investments and talent 2024 has seen a renewed surge in enthusiasm for technology’s ability to spur growth and solve some of the world’s most pressing challenges. While a majority of last year’s 14 tech trends are still at the top ten Generative AI has made an impressive entrance into the conversation with its impressive and exciting potential to have a transformative impact.
There has been a growing enthusiasm for emerging technology that is still in its early stages but could boost productivity and accelerate growth. These include digital platforms, which are reshaping established business models by offering new ways for people to exchange value and connect in exchange for value; the Internet of Things (IoT) that is creating an interconnected network of devices able to observe and analyze human behavior as well as cloud computing, which is revolutionizing the way businesses deploy and use software.
Edge AI is another hot trend because it’s enabling AI/ML systems to analyze data and then take action without sending that information to the cloud. This allows self-driving vehicles to respond in a blink of an eye as well as security cameras to monitor suspicious activities instantly.
Additionally sustainable technology is growing in popularity as both companies and individuals seek to achieve goals of net-zero emissions and invest in technologies that help reduce environmental footprints. This includes the use of green energy and sustainable materials as well as look at more info processes, as well as using technology to reduce or eliminate carbon emissions.