Colt unveils the trends that will shape the tech sector in 2023

Colt unveils the trends that will shape the tech sector in 2023

Colt Technology Services presents the key technology trends in 2023. Over the next year, Colt sees the use of on-demand networks multiplying, but also improved protection against computer attacks and greater adoption of Smart Xs – particularly smart buildings – in the technology sector.

It is worth noting that investments by private companies in 5G and cloud will also increase in 2023. One of the key takeaways is that digitization continues to drive profound changes in the way the world connects, consumes and collaborates.

Important trends for 2023:

• The future of work will continue to influence technology adoption as companies formalize hybrid work policies and invest in the technologies they need to achieve their goals. This is expected to drive growth in agile, on-demand network technology platforms, including software-defined networking and secure access service edge. In its SD-WAN/SASE Managed Services survey, analyst firm Futuriom predicts a 34% CAGR in 2023 with a market size of $4.6 billion versus $3.5 billion in 2022.

• Emergence of enhanced cybersecurity capabilities. Providers offer ever more innovative solutions for higher risk protection. True vectors of technological evolution of uses and applications, artificial intelligence (AI), online training (e-learning) and the Internet of Things (IoT) will continue to play a crucial role.

• The enterprise use case for 5G is maturing. According to PWC, 5G is expected to achieve greater adoption and penetration, such as 75% coverage in the United States by 2023. Enterprises will maximize this adoption through a hybrid network approach, integrating their private 5G networks with digital infrastructure, including on-demand fiber networks.

• Cloud investments and migration should continue. Companies want to generate added value, increase flexibility, scalability and automation. 73% of IT managers are likely to make the majority of their investment in the cloud over the next two years. 40% of them will migrate their customer relationship management (CRM) systems to the cloud by 2024; approximately 38% plan to migrate human resources systems, production execution systems, and unified communications.

• Multi-cloud strategies will dominate, 94% of large companies plan to move to a multi-cloud strategy by 2023 according to Statista. Industries that have traditionally been more skeptical about moving applications to the cloud, such as Businesses such as financial services are likely to shift more front-office applications.

• The business case for the Metaverse should become clearer, particularly in sectors such as manufacturing, agriculture and healthcare. 71% of executives polled in a recent Accenture survey say metaverses would benefit the company, while 42% believe they will be a “breakthrough” or “transformation.” In 2023, companies should expand their use case planning to include the Metaverse as a virtual test environment to test new creative possibilities.

• SmartX growth – including cities, offices and buildings – is expected to accelerate in 2023 and beyond. According to a study by Jupiter, the number of smart buildings in the world is expected to reach 115 million in 2026 – a 150% increase from the current figure of 45 million – sustainability goals, including reducing energy use and aiming to be zero-carbon emissions , which are the origin of this acceleration. We are also expected to grow in the intelligent industrial manufacturing market, with the integration of IT and operational technology (OT) to improve data flows and analytics, drive digitalization and increase visibility across the sector.

• Blockchain should be more integrated into everyday business applications that require robust security, advanced encryption, and peer-to-peer collaboration. With a growth of more than 46% since 2019, it is expected to bring in $17 billion by 2024. Until recently its use was widely used to secure transactions in the financial services sector, but by 2023 more industries should adopt this technology.

• Deployment of higher-capacity, lower-latency networks will accelerate in new and existing geographies as enterprises invest in digital infrastructure—and take advantage of pay-as-you-go services—to help them achieve their strategic goals .

• In 2023, providers will deliver innovative access technologies ranging from undersea fiber optic networks to high-altitude platform systems, working together seamlessly to create powerful ecosystems focused on the “customer experience”.

2023 is expected to be a pivotal year for businesses as significant disruption and change is expected,” said Keri Gilder, CEO of Colt Technology Services. “The technology industry should develop solutions that are even more agile and powerful than we can imagine. Next year will be the year of the on-demand network, but also the year when 5G will unleash its full potential for businesses. 2023 should be a year in which the partnerships between the different players in the technology sector will multiply to offer a reliable and secure digital universe for a better customer experience. »

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