After a turbulent 2022 in terms of technology investment and talent 2024 has seen a resurgence in the enthusiasm for technology’s capacity to spur growth and solve some of the world’s greatest issues. While many of the 14 tech trends are still at the top spot but generative AI has made a bold appearance in the spotlight with its powerful and promising potential for transforming impact.
There has also been an increase in interest in new technologies that are in their early stages, but have the potential to accelerate growth and improve productivity. These include digital platforms, which are changing existing business models by offering new ways for people to exchange value and connect; the Internet of Things (IoT), which is creating an interconnected network of devices able to detect and analyze human behavior and cloud computing which is revolutionizing how businesses implement and utilize applications.
Edge AI is a hot trend because it lets AI/ML systems to process information and take actions without sending this information to the cloud. This allows self-driving vehicles to react in the blink of an eye and enabling security cameras to monitor suspicious activity in real-time.
Finally, sustainable technology is rising in popularity as both companies and individuals attempt to reach zero net-zero targets and invest in technologies that reduce the environmental footprint. This includes the use of green energy, sustainable materials and processes, and utilizing technologies to minimize or eliminate carbon emissions.
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