From advancements in AI to cybersecurity and breakthroughs in quantum computing, technology experts share their 2024 predictions. As the year concludes, the business landscape of 2024 is set to undergo transformation due to a powerful convergence of disruptive forces. Generative AI, with its creative prowess and problem-solving abilities, is poised to unveil concealed efficiencies. Sustainability, transcending its buzzword status, will emerge as a strategic imperative, especially in the realm of constructing AI models. Quantum computing, once confined to the realm of science fiction, will unlock possibilities previously unimaginable.
Leading technology company executives, interviewed by Technology Magazine, shed light on the key trends for 2024 by pointing out 10 new technology trends, let’s see the top 5:
- AI Takes Center Stage – Shifting from Theory to Practice:
John Roese, Global Chief Technology Officer of Dell Technologies, anticipates a shift in the GenAI dialogue from theoretical discussions to practical implementation. The focus will transition from training infrastructure and costs to inference and operational expenses. Roese envisions the maturation of the first wave of GenAI enterprise projects, revealing dimensions not fully understood during the initial phases. - Convergence of IT and Security Teams:
Zeki Turedi, CTO Europe at CrowdStrike, predicts a convergence of IT and security teams in response to emerging threats. As technology advances and security risks evolve, the distinction between these traditionally separate team’s blurs. Turedi emphasizes the need for closer collaboration, shared technologies, and unified responses to combat sophisticated cyber threats. New cybersecurity platforms tailored for IT teams are expected to facilitate this collaboration. - Hyperscalers Drive Real-Time Ecosystem:
Rodrigo Liang, CEO of SambaNova Systems, anticipates a revolution in data analytics through collaboration between hyperscalers and AI models. Real-time fine-tuning will match current data, enhancing speed, accuracy, and affordability. Advanced chips and hyperscale data capabilities will create a potent ecosystem, enabling the development of large Composition of Experts models for complex applications across various industries. - Renewed Focus on Zero Trust Models:
Chris Peake, CISO and SVP of Security at Smartsheet, foresees a renewed focus on zero trust models in the hybrid work environment. Organizations are expected to add extra layers to their security models, incorporating features like role-based security and time-based access. Generative AI is identified as a potential tool to strengthen data security by intelligently monitoring and flagging abnormal data patterns.
IT Spend Shifts towards Business Outcomes:
Linda Yao, COO and Head of Strategy at Lenovo Solutions & Services Group, predicts a shift in IT spending towards deriving more value. Businesses will demand flexibility in operations, with investments scaling based on returns. Predictability in cash flows and a focus on tying technology adoption to specific business outcomes will drive IT spending. Legacy infrastructure spending will shift to next-generation technology, encompassing hybrid cloud, virtualized environments, and personalized tech on demand.
