At Broadcom, we see challenges companies face first-hand, and in turn how technology trends impact the world’s largest companies. As the end of 2022 approaches, we're sharing the top 5 predictions that you should be planning for in 2023.
Stay tuned for future blogs that dive into the technology behind these predictions from Broadcom’s industry-leading experts:
1. AI and Automation Will Play an Even More Expanded Role in Technology
Whether in chips, software, or services, Broadcom believes artificial intelligence and automation go hand-in-hand in driving operational efficiencies, adaptive processes, higher performance and stronger security. Enabling AI becomes even more crucial across the entire IT stack.
AI-powered features are finding their way into every layer of technology that organizations use. According to one leading analyst firm, flexibility and adaptability are now the rules of the game — many businesses have learned this the hard way during the COVID pandemic. For many organizations, these changes demand “resilience-by-design” and “adaptive-by-definition.”
2. User Experiences Become Critical in a Hyper-Connected, Intelligent World
Broadcom believes people will have higher expectations for exceptional digital experiences across a wide range of devices and applications into 2023 and beyond. As our world becomes more inter-connected and based in artificial intelligence, user experience becomes even more critical to drive customer and employee satisfaction and retention. Employees expect consumer-friendly interfaces and continuous uptime even as they use business critical applications. Consumers have high expectations for digital experiences in online banking, email, cloud storage, video on demand (VoD), smart digital assistants, and virtual reality.
3. Trust Management Becomes Critical for Cybersecurity
Broadcom believes a move to distributed and decentralized trust will increase rapidly in 2023. This decentralization leads to new ways of transacting, communicating, and doing business—and not just for humans. Different applications have different access-granting or -restricting policies. The criteria on which a decision is based may differ greatly among different applications (or even between different instances of the same application).
What will be common among them will be the need to grant or restrict access to resources according to security criteria. A shift in managing trust will need to happen so that the security mechanism can handle those different criteria. With distributed trust, risk will need to be managed more closely across every aspect of business. And security around trust must be customized to the business. This will require artificial intelligence that enables security to rapidly adapt to each customer's environment.
4. Multi-Cloud Will Help Deliver Stronger Business Value
Broadcom believes large global organizations will continue the transition to customizing their cloud infrastructure to better fit their particular business into the new year. The cloud conversation is shifting from a technology discussion to a business- and even industry-model discussion. Vertical industries, such as banking, healthcare, and manufacturing, are shifting toward an agile platform supported by a portfolio of industry-specific business capabilities directly relevant for their specific industry. These industry clouds offer more adaptability, more business functionality, and more innovation.
Multi-cloud is the future of enterprise IT. A multi-cloud approach enables the flexibility to manage and protect data across different environments – private, public, or sovereign – at will. And when integrated with sovereign cloud, multi-cloud enables customers to deliver differentiated services at scale while remaining secure and in compliance with regulatory frameworks. Maintaining this choice, control, and agility is both crucial for growth and a daunting task for enterprises globally.
5. Wireless Broadband Will Connect our Digital Future
Broadcom believes innovation in wireless broadband infrastructure will deliver more inventive applications in 2023. This next-generation wireless broadband, with its high speed and low latency capabilities, will power the internet at the edge to deliver immersive Augmented Reality and Virtual Reality, whole-home video distribution, gaming, and telemedicine to name just a few. Wi-Fi 6E and Wi-Fi 7, using the 6 GHz band, will complement the multi-gigabit “10G” broadband coming into residences and enterprises to enable new experiences that extend beyond traditional communications.
Watch for our 2023 Predictions blog series featuring some of the most brilliant minds in the industry. And to stay up to date on all of the latest new and emerging technology from Broadcom, make sure to:
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