4 Disruptive Technology Trends Dominating In 2023 - TECKEA
- November 8, 2023
TABLE OF CONTENTS
- 1 Introduction
- 2 What are disruptive technology trends?
- 3 What are disruptive technologies examples?
- 4 What are disruptive technologies in 2023?
- 5 4 disruptive technology trends that will shape 2023
- 6 Why are there more disruptive technologies on the way?
- 7 Conclusion
The term disruption, while nascent in usage has been around for a while. In human evolution, when there are inventions that change everything we know about reality, it can be termed as disruption. Historically, events like the discovery of fire, the invention of the wheel, the lightbulb, aircraft, and so many more can be considered disruptions. As the clock turned and lives got easier, the disruption only happened in small ways. Today, most of the world’s disruption happens through technology.
We live in a world where technology influences virtually every facet of our lives. Even then, we are always looking forward to new things. With technology, we can find ourselves doing something completely different every day. When we discuss disruptive technology trends inventions like microchips and social media websites rank first.
But there are still many things that could be better. We at Teckea believe that this is a good year for disruption. 2023 is poised to include one of the most important disruptions in society, Artificial Intelligence. But there is more on the horizon. We have compiled this blog to help you understand what disruptive technology trends are and what 4 trends should you look out for.
What are disruptive technology trends?
Disruptive technology trends are new technological inventions that can change the way we fundamentally do things. We can create new markets and transform new ones. Disruptive technologies offer new features that can render existing products and services obsolete. It often always means the formation of a new market. Some examples of disruptive technology trends
Include AI and Machine Learning, Blockchains, and IoT.
What are disruptive technologies examples?
There can be many examples of disruptive technology trends but for the purposes of our article, we are going to list three:
- Uber: Perhaps a great example of technology can disrupt traditional means, Uber, a ride-sharing application has fundamentally altered the way we get taxis. Instead of pursuing a taxi on foot, through Uber we can hail rides. This has led to a huge change in how people move in cities, across the world.
- Tesla: By offering electric vehicles that look stylish and are environmentally friendly, Tesla is threatening to change a world traditionally run by gas-powered cars.
- Netflix: Another example of a successful technological disruption, Netflix offered an ad-free alternative to watch TV shows and movies. It did so while being affordable. This helped the application disrupt the traditional cable tv market.
What are disruptive technologies in 2023?
There are no particular examples of disruptive technology in 2023, however, there are already existing technologies that will disrupt our way of life. Examples include blockchain, artificial intelligence and machine learning, and nanotechnology.
4 disruptive technology trends that will shape 2023
So now that you are aware and understand what disruptive technology is, let us take a look at some disruptive technology trends that will shape 2023.
When we get asked, Is 5G a disruptive technology? We say yes, it is. The reason is simple. It improves internet access on all fronts. 5g aims to increase internet speeds by big margins. By providing you with more speed you will be able to perform tasks that require a lot of bandwidth. Actions such as real-time gaming and video streaming that need low latency.
It can also play a big part in helping with IoT, the internet of things, where devices are interconnected with each other. 5g will help increase communication. While the infrastructure is still being built, through 5g industries such as transportation and energy can be disrupted in a big way.
Big data, perhaps the buzzword for the last few years, its emergence has changed the way companies look at data, and in 2023, it will continue to do so. Data collection has changed radically over the years. And it has helped businesses of all sizes gather important insights and understand their customers better. That trend looks set to continue. With more data sets available, traditional marketing insights will soon start t disappear.
Smart cities can be classified as technological disruption that uses advanced technologies to improve the quality of life for citizens and enhance the efficiency of city services. They use connected infrastructure, sustainable development, citizen engagement, intelligent transportation, and economic growth to transform cities. Smart cities can promote sustainable development and economic growth. However, smart cities also require significant investment and constant infrastructure upgrades to fulfill their potential.
Quantum computing can be termed a technological disruption that uses quantum-mechanical phenomena to perform operations on data. It can revolutionize computing by enabling exponential speed-up for very specific calculations, which are impossible to do on classical computers. Quantum computing can have a significant impact on fields such as cryptography, finance, and drug discovery. The latter is one area where it can vastly disrupt the field.
It can help solve complex problems, such as optimization and simulation, which are critical for various industries. However, there are hardware limitations to quantum computing that haven’t yet been solved. In 2023, expect more advances in this sector.
Why are there more disruptive technologies on the way?
Advancements in technology, in areas such as artificial intelligence and quantum computing, are opening up new possibilities for disruption. There is also an increase in investment in these technologies from both governments and private sectors. Changing demands and needs, globalization, and collaboration between industries and sectors can also be big factors that will contribute to newer disruptive technologies.
In 2023, there will be newer disruptive technology trends on top of the existing ones. We at Teckea believe that this will be an important year for disruptive technology. To learn more and how your business can benefit from it, contact us today!
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