Since the very advent of technology, everything has become synonymous with quickness. What’s more to this is that every now and then, the technologies and trends in information technology keep on changing. For a tech expert, it is difficult to keep a track of these dynamic changes. So, what should be done? Well, we are happy to help you out. Today, Cybertech is here with yet another blog on the technological trends that will be ruling the roost in 2023. So, let’s get started.

1. Cybersecurity

In the fast-growing tech world, where there is a new tech trend now and then, global cyber crimes are increasing at an even bigger rate. A new report from McAfee estimates that global cybercrime losses are now more than $1 trillion. The threat is urgent, the stakes are incredibly high and there aren’t enough highly educated and qualified Cyber security experts to meet the demand. That’s why companies are paying high salaries for well-trained cybersecurity professionals — and that’s the reason why learning and upskilling in cybersecurity could be the best investment for you today.

A recent LinkedIn search for “cybersecurity” resulted in more than 50,000 search results. Other well-known companies with cybersecurity job postings on Indeed include Deloitte, Paypal, AT&T, IBM, Oracle, and Apple. If there was ever a time to enter the cybersecurity field, it is now. This stands out to be one of the most popular tech trends in 2023.

2. Cloud Computing

At this point, using cloud services is no longer optional. To remain competitive, one has to embrace the cloud and commit to modernizing their IT. Healthcare companies are using the cloud to develop more personalized treatments for patients. Financial services companies are using the cloud to power real-time fraud detection and prevention. And video game makers are using the cloud to deliver online games to millions of players around the world. Companies like General Electric, Apple, Netflix, Google, and eBay are looking out for cloud professionals.

3. Metaverse

The metaverse is a network of shared, immersive virtual worlds where people can connect with friends, create and play games, work, and shop. The tech giants have already started building metaverse-like experiences, such as virtual fashion shows, live concerts, and workspaces. Metaverse can give a realistic approach where students can learn everything more intimately. According to a report, Facebook will create around 10000 jobs in the next five years via the metaverse. Many big brands like Disney, Hyundai, Gucci, Samsung, Adidas, and Nike have identified the potential for business value in the metaverse and have come up with innovative metaverse-based initiatives. The world is truly gearing up for the Metaverse amidst other tech trends in 2023. 

4. DevOps

In its most basic form, DevOps is a collaboration of the development and operations teams. There are significant changes in the DevOps ecosystem that makes it stand beyond any other tech advancements. DevOps is the combination of cultural philosophies, practices, and tools that increases an organization's ability to deliver applications and services at high velocity: evolving and improving products at a faster pace than organizations using traditional software development and infrastructure management processes. New practices, technologies, and trends are making DevOps an exciting place to be right now – and in the future. A few companies that are on a hiring spree for DevOps engineers include Amazon, Netflix, Target, Walmart, Meta, Etsy, and Adobe.

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5. Genomics 

Imagine a technology that can study your DNA and use it to improve your health, helping you fight diseases and whatnot! Genomics is precisely that technology that peruses upon the make-up of genes, DNAs, their mapping, structure, etc. Further, this can help quantify your genes and result in finding diseases or any possible problems that can later be health issues. When it comes to a specialization like Genomics, one can find a variety of technical as well as non-technical roles. Technical jobs in this area are all about designing, analyzing, and diagnostics, while non-technical jobs are concerned with higher levels of research and theoretical analysis. This domain brings to you a variety of jobs such as that of a bioinformatics analyst, genome research analyst, full stack developer, software engineer, bioinformatician as well as that of a genetics engineer.

6. Full Stack Development

Full Stack web developers can easily handle the work of 2-3 developers due to their expertise in multiple areas. A Full Stack web Developer is a software expert who’s equally proficient in frontend development and backend development. Full-stack developers should be able to judge whether the selected trending technologies in 2023are the right choice for their project during the early phases. Some responsibilities of a full stack developer are to help in choosing the right technologies for the project development and testing both on the front end and the back end. They should be able to write clean code across the stack by following the best practices of the tools used. Most importantly, they should be up to date with the latest technologies and tools to make the best technology usage decisions. TCS, Infosys, Cognizant, IBM, HCL, and Accenture are a few companies that are on a constant lookout for Full-stack web developers.

7. Data Science

No wonder why Data Science makes it to this list of trending technologies in 2023. The rapid increase in data has made data science an attractive career choice. Data scientists source data, clean it, then develop models and algorithms to unearth patterns in the data. Organizations like Microsoft, JPMorgan Chase & Co., Amazon, EY, and PwC are hiring Data Scientists across the globe. Data science allows businesses to uncover new patterns and relationships that have the potential to transform the organization. It can reveal low-cost changes to resource management for maximum impact on profit margins. For example, an e-commerce company uses data science to discover that too many customer queries are being generated after business hours. Investigations reveal that customers are more likely to purchase if they receive a prompt response instead of an answer the next business day. By implementing 24/7 customer service, the business grows its revenue by 30%. In addition to that, data science can reveal gaps and problems that would otherwise go unnoticed. Greater insight into purchase decisions, customer feedback, and business processes can drive innovation in internal operations and external solutions. For example, an online payment solution uses data science to collate and analyze customer comments about the company on social media. Analysis reveals that customers forget passwords during peak purchase periods and are unhappy with the current password retrieval system. The company can innovate a better solution and see a significant increase in customer satisfaction.

8. HyperAutomation

HyperAutomation involves the use of multiple technologies like Artificial intelligence, Machine Learning, and Automation trending technologies in 2023 such as Robotic Process Automation, Natural Language Processing to automate as many business processes as possible. The world’s prominent companies that are operating in HyperAutomation market are TCS, UiPath, Wipro, Infosys, Automation Anywhere Inc., and to name a few. Tech experts predict that by 2024, the drive towards hyper-automation will lead organizations to adopt at least three out of the 20 software that enables hyper-automation.

9. Business Intelligence

Business Intelligence transforms a pool of raw data into useful information that helps make decisions and leads to actions that yield positive bottom-line impact. From financial institutions like American Express to social media giant Facebook, the most advanced and successful companies in the world leverage the power of BI. A few organizations using this technology include SAP, Microsoft, Azure, Mphasis, Capgemini, Accenture, Sony, and Infosys.

10. Edge Computing

Formerly a new technology trend to watch, cloud computing has become mainstream, with major players AWS (Amazon Web Services), Microsoft Azure, and Google Cloud Platform dominating the market. The adoption of cloud computing is still growing, as more and more businesses migrate to a cloud solution. But it’s no longer the emerging technology trend. Edge is. As the quantity of data organizations is dealing with continues to increase, they have realized the shortcomings of cloud computing in some situations. Edge computing is designed to help solve some of those problems as a way to bypass the latency caused by cloud computing and get data to a data center for processing. It can exist “on the edge,” if you will, closer to where computing needs to happen. For this reason, edge computing can be used to process time-sensitive data in remote locations with limited or no connectivity to a centralized location. In those situations, edge computing can act like mini data centers. Edge computing will increase as the use of the Internet of Things (IoT) devices increases. By 2023, the global edge computing market is expected to reach $6.72 billion. And this new technology trend is only meant to grow and nothing less, creating various jobs, primarily for software engineers. Keeping in line with cloud computing (including new-age edge and quantum computing) will help you grab amazing jobs like cloud reliability engineer, cloud infrastructure engineer, cloud architect and security architect, and of DevOps cloud engineer.