Deloitte is one of the leading professional advisory service organization in the world. let's see insights on Deloitte's emerging tech as at the year 2023.
Deloitte's Insights on the Top Emerging Technologies of 2023
As a global
leader in advisory and professional services, Deloitte has deep expertise in
identifying technological trends that will impact businesses. Their regular
research reports provide valuable perspectives on emerging technologies poised
to grow in prominence over the coming years.
Here are some highlights from Deloitte's
analysis and predictions as at 2023.
Metaverse
Deloitte
considers the metaverse one of the key trends to watch in 2023 according to
their Technology, Media, and Telecommunications (TMT) 2023 predictions report. They
expect consumer metaverse platforms centered around gaming, socializing and
immersive shopping to see widespread adoption next year.
Deloitte
analysts foresee more mainstream retailers entering this space by launching
virtual stores and showrooms within gaming worlds and virtual platforms. This
will allow them to test new business models and stay ahead of evolving customer
expectations of digital shopping experiences on the enterprise side, Deloitte
predicts adoption of metaverse concepts within fields like employee training,
remote collaboration and digital marketing.
AI Innovation
In Deloitte's Global AI Survey 2022 report, AI applications centered around computer vision and natural language processing were cited as having the most growth potential in the near future areas like predictive maintenance using image and video analysis, virtual assistants, and personalized customer service through conversational AI are trending upwards per their analysis.
An
interesting emerging application highlighted was using computer vision combined
with AI to monitor worker safety and optimize productivity in factories and
building sites. Another was AI-powered analysis of medical scans and tests to
improve diagnostic accuracy and patient outcomes. All these examples show AI
moving from pilot projects to meaningful deployments improving key business
metrics.
Democratization of AI
The report
notes that AI is becoming more accessible thanks to the democratization of
cloud-based tools, pre-trained models and no-code/low-code platforms that ease
the AI adoption curve for SMEs and non-tech companies. Major cloud providers
now offer a range of AI services covering most common use cases that can be
implemented with little technical expertise.
Deloitte
analysts expect this trend to accelerate in 2023. AI skills will still be
essential for building complex customized solutions. But for standardized
business problems, even organizations with limited budgets and tech teams can
quickly integrate AI capabilities like computer vision powered inventory
tracking into their workflows. This has implications for digital transformation
across verticals.
Quantum Computing
In their
2023 predictions, Deloitte lists quantum computing alongside artificial
intelligence as a potentially transformative technology of the coming decade they
believe it will start delivering practical applications within the next few
years focused on optimization problems.
Some areas
Deloitte forecasts progress in include drug discovery, scheduling complex
supply chains, modeling financial outcomes, and resource/route planning for
logistics/transportation companies. Quantum approaches could solve these
challenges much faster than classical computers through abilities like
massively parallel processing using quantum bits. While still very early-stage,
Deloitte remains optimistic about the technology’s long-term impact.
Blockchain
Beyond
cryptocurrency, Deloitte's research identifies new decentralized business
models emerging around blockchain usage for supply chain management, digital
identity, and crowdfunding. Their 2023 TMT outlook highlights companies
experimenting with blockchain to address pain points like provenance tracking,
counterfeit detection and cross-border payments friction across industries. Suppliers,
carriers and manufacturers are starting to adopt distributed ledger platforms
to integrate systems, digitally track goods and authenticate materials
remotely. Combined with IoT sensors, this could enable fully auditable ‘food to
fork’, ‘mine to consumer product’ and ‘farm to table’ transparency. Deloitte
also predicts growth of blockchain-based marketplaces connecting individuals,
SMBs and enterprises as a post-Covid economic recovery driver.
Web 3.0
Deloitte
considers Web 3.0 technologies like blockchain and decentralization as laying
the groundwork for more open, equitable and participatory digital economies and
societies compared to today’s internet model. In their 2022 Emerging Technology
Trends Report, Deloitte experts note Web 3.0 presenting opportunities to
rethink aspects like digital ownership, creator/user incentives, data
management and infrastructure governance to foster greater trust and shared value
online.
While still
early days, technologies like NFTs, decentralized autonomous organizations and
open protocol stacks point to the potential of decentralized consensus and
applications that cut across legacy platforms and jurisdictions. Deloitte
predicts certain sectors will experiment more boldly with Web 3.0 concepts in
2023 to incubate next-gen business architectures less reliant on current
gatekeepers.
Sustainability Tech
Fighting
climate change through technology is top of mind for Deloitte as per their
Sustainability and Climate Change outlooks areas they believe will continue
gaining traction include renewable and green energy, carbon management tools,
eco-friendly transportation, precision agriculture through IoT/sensors and
smart grids for optimizing energy usage.
Deloitte
analysts foresee more corporations proactively integrating best-in-class
sustainability platforms to not just minimize emissions but also utilize
renewable energy credits and carbon offsets as part of their business growth.
Cities will similarly drive innovation through 'smart city' planning focused on
walkability, public transit and energy efficiency. Sustainability arguably presents
a broad opportunity landscape for entrepreneurs and Fortune 500 alike according
to Deloitte's analysis.
In conclusion, Deloitte's insightful reports provide a thought leadership perspective
on emerging technological forces able to shape whole economies and ways of life
in the decade ahead. Their expertise highlights a combination of connectivity,
IT, artificial intelligence, decentralized networks and environmental
innovations as bearing huge potential for sectors to reimagine operations,
deliver new value and tackle sustainability with optimism over the coming
years. Organizations would do well to stay abreast of evolving trends through
such future-gazing advisory reports to proactively capitalize on opportunities
emerging technologies unlock.
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