If 2023 was anything, it was the year generative AI exploded all around us, especially in the business world with use cases running the full spectrum of groundbreaking to boring. As we head into 2024, it is evident that generative AI will be at the forefront of conversations surrounding enterprise technology. But generative AI is not the only game in town; other transformative technologies are set to disrupt industries too. We at 1POINT1, are delighted to present the enterprise technology trends that will make headlines in 2024 and help you derive a strategically feasible digital transformation road map.
1. Robust Generative AI Security and Governance
Generative AI is reinventing many areas of enterprise operations. But, as Uncle Ben said, with great power comes great responsibility. As organizations adopt generative AI, the building of a robust governance framework is critical. This comprises of establishment of principles, policies, and controls for fairness, accountability, transparency and even privacy. Tackling challenge like hallucinations, user abuse, intellectual property consumption will be very important in making the AI ecosystem and technology both safe and trusted.
2. Leveraging Technology for ESG Commitments
Environmental sustainability continues to be a concern for consumers and investors alike. Companies have the ability to use digital technologies to enable sustainability initiatives, from the electrification of transportation to the efficient use of resources in smart cities. For example, with the aid of 1POINT1, a world-renowned athletic apparel brand developed an interactive digital map of its global supply chain to enhance visibility and encourage environmentally conscious behavior.
3. Adopting Modular Cloud Platform Technology
Natively, platforms are designed with agility and scalability. Microservice architecture allows organizations to build simple security net structures with applications that are highly customizable and easy to update. That modularization allows for fast innovation and specialized solutions toward certain industries. Tools such as Salesforce and Adobe streamline customer-facing applications, making time-to-market for new experiences faster than ever.
4. Implementing Zero Trust Security Architecture
The need for securing digital assets has never been more & the introduction of work from home has increased the scope of digital security. Zero trust security models do not trust anyone implicitly and require you to be verified every time you want to gain access to resources. It helps the organization more appropriately protect the sensitive data for its location, protecting them against internal and external threats. With workforces continuing to grow more distributed, zero trust architecture will be crucial to provide all the best security hygiene.
5. Enhancing the Developer Experience
Generative AI changes the developers' landscape. Code generation, language variants, and code analysis will be automated. It makes the developers concentrate on high-impact tasks, therefore speeding up the development cycle. Organizations embracing generative AI will be able to increase efficiency and innovation in the software development processes.
6. Creating the Next-Gen Workplace
The future of work will undoubtedly be flexible, as hybrid and remote models have become the norm in how work is conducted; the only way to do so was for organizations to implement technologies that support dispersed workforce operations. AI and automation tools can help ease workflow operations across different sites and time zones. That trend will continue to leverage greater efficiency and adaptability among non-IT employees.
7. Prioritizing First-Party Data
With data privacy regulations such as GDPR and CCPA, organizations are being compelled to be much more transparent in data collection practices. We see a move toward first-party data in 2024, enabling businesses to build trust-based relationships with customers. Cookieless measurement platforms will start to emerge, offering personalized experiences while meeting the standards of privacy.
8. Expanding Generative AI Applications
Generative AI will see increased integration across enterprises. Companies need to develop a strategic approach to this, starting with proof-of-concept projects that are tailored to their needs. Choosing the right large language model (LLM) and leveraging APIs will be very important in optimizing costs and achieving desired outcomes.
9. Embracing Hyperautomation
Hyperautomation aims to automate as many processes as possible, enhancing workflow efficiency and speed. By reducing technical debt and synergizing technologies, organizations can achieve consistent and streamlined operations. Hyperautomation will be a key driver of digital transformation, enabling resilience in the face of challenges.
10. Democratizing Data Access
Self service data platforms are facilitating decision-making across organizations by making it easier for non-technical users to access the analysis. Tableau and other tools offer adaptable solutions that compile and present data in a user-friendly format.
1POINT1’s Vision
We at 1POINT1 are excited to see how these technology trends will change in the year 2024. Our aim is to guide you through this ever-changing landscape, ensuring that these innovations are the key to propelling your business forward. Engage us today to discuss how we can contribute to your digital transformation initiatives and implement groundbreaking technologies in your business.
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