Cutting-edge technologies to drive better experiences

As the 5G applications are going mainstream, Artificial Intelligence, multi-cloud, IoT and quantum computing are going to drive digital transformation in 2023. By 2024, low-code development is expected to account for more than 65 percent of application development activities, a report from HCL Technologies says.

 
  
The year 2023 will witness a wide-scale democratisation of AI, right from enabling chatbots to integrating into the chip industry for developing AI-ready hardware.

 
Another report says, Artificial Intelligence and cloud computing have been at the forefront of digital transformation for several years now. In 2023, experts predict AI will reach a tipping point as businesses across all sectors seek to capitalize on its capabilities. Technology organizations need to be prepared to take advantage of this opportunity by utilizing cloud-based AI technologies in their operations.

 
Secondly, the Internet of Things is a network of connected devices which can share data and interact with one another. Using sensors, wireless technology, and other communication protocols, IoT-enabled devices can be used to monitor and control various aspects in both the physical and digital worlds.

 
Several digital transformation platforms use AI to offer a 360-degree view of members' needs based on their browsing history, EDM analysis, and click-through rates. Unlike traditional data analytics software, AI constantly learns from the data it analyses, anticipating customer behavior from it.

 
The report also pointed to the "rise of the verse" saying that, with technologies like 5G, AI and extended reality, organisations will continue to distinguish themselves by creating immersive experiences in the coming years. In 2023, we can expect the emergence of a more web 3.0-focused blockchain that will feature cohesive interoperability, automation through smart contracts and seamless integration.

 
Going forward, cutting-edge technologies will drive better experiences, from hiring and onboarding to upskilling and employee engagement. Further, collaborative robots or 'cobots' with safe behaviour around people will gather pace in the coming few years. Computational empathy will support this trend by detecting emotions and responding aptly.

Dr. Deepak Kumar Sahu, President & CEO, VARINDIA