Looking ahead is always a tricky business. While the turn of the year presents an opportunity to take a fresh look at your strategy and plan where to focus your energies, it can be hard to sort real trends from hype. This is especially true when it comes to tech. Think about this time last year, and the excitement around NFTs, crypto, and the metaverse. By fall of 2022, NFT markets were down 90%, we’d entered a cold crypto winter, and a bustling metaverse was still more of a dream than reality. Separating real innovation from hot air can be the difference between a big win and a costly flop.
Where Is Tech Going in 2023?
Six trends that will define the next year, according to McKinsey experts.
January 06, 2023
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Summary.
A group of McKinsey’s technology practice leaders have taken a look at what 2023 might hold, and offer a few new year’s tech resolutions to consider: 1) Look for combinatorial trends, in which the sum impact of new technologies create new opportunities. 2) Prep boards for tipping point technologies. 3) Relieve the bureaucratic burden on your engineers to increase their productivity. 4) Look for new opportunities in the cloud. 5) Take advantage of how the cloud is changing security. 6) Take advantage of decentralized AI capabilities — and what this technology might mean for your business model.