Intrigued about what’s on the horizon in the tech world? Gartner has just released its highly anticipated list of the Top 10 Strategic Technology Trends for 2024, and Artificial Intelligence is notably at the forefront. With AI-centric trends claiming 4 of the 10 spots, let’s take a deeper dive into each trend’s impact and potential for transformative change.
📌 AI-Driven Trends
Democratized Generative AI: Gartner projects that by 2026, more than 80% of enterprises will have incorporated GenAI APIs, models, or deployed GenAI-driven applications in production environments. This represents a substantial uptick from the less than 5% using it in early 2023. In simpler terms, Generative AI is set to transition from a niche novelty to a mainstream utility.
AI Trust, Risk, and Security Management (TRiSM): By employing AI-based TRiSM controls, enterprises can drastically increase the accuracy of their decision-making by eliminating up to 80% of erroneous and illegitimate information. This suggests a significant role for AI in shaping enterprise governance and risk management strategies.
Intelligent Applications: These applications are powered by a host of AI services like machine learning, vector stores, and connected data. They are designed to adapt dynamically to user interactions, offering tailored experiences. Intelligent applications will reshape the way we approach user-centric design and customer service.
AI-Augmented Development: Leveraging AI in development tools will free up software engineers from mundane coding tasks, enabling them to concentrate on more strategic activities such as application design and business integration. This trend will likely revolutionize the DevOps cycle, optimizing productivity.
🚀 Other Impactful Trends
Platform Engineering: This trend aims to synergize productivity, user experience, and the rapid delivery of business value. It’s all about developing robust ecosystems that can adapt and scale with evolving business needs.
Industry Cloud Platforms: More than 70% of enterprises are projected to adopt these specialized cloud platforms by 2027, allowing them to combine underlying SaaS, PaaS, and IaaS services into holistic, composable offerings.
🌱 The Rise of Sustainable Tech
By 2027, CIOs’ compensation packages will be linked to their contributions to sustainability goals, signaling a shift in business priorities toward long-term ecological impact.
🔒 Additional Trends Worth Noting
Continuous Threat Exposure Management (CTEM): Organizations prioritizing CTEM will experience a two-thirds reduction in breaches by 2026, reflecting a seismic shift in cybersecurity paradigms.
Augmented-Connected Workforce: Through 2027, one in four CIOs will implement augmented workforce initiatives, aiming to halve the time it takes for key roles to reach competency.
Machine Customers: By 2028, we can expect 15 billion connected devices capable of customer-like behavior, setting the stage for radically different customer relations strategies.