The year 2022 served as a catalyst for technological advancements in businesses across all industries. The saying “Data is the new oil” was widely witnessed as industries adapted to the changes around them and embraced emerging technologies. The adoption of real-time technologies, artificial intelligence (AI), machine learning (ML), internet of things (IoT), and cloud-based technologies was widely observed across a variety of industries such as financial services, telecommunications, healthcare, manufacturing, e-commerce and many more. The coming year provides opportunity and room for these developments to further entrench themselves in the commercial world. With faster connectivity and better networking systems, hear from some industry experts on what disruptive changes they predict to see in the coming year.
Company: Sabre Corporation
Spokesperson: Monish Matthias – Senior Director of Software Engineering, Sabre Corporation
“In the year 2023, I feel cost will be a major factor – value for money, combined with creative and incremental innovation, without compromising on stability, is going to be the key. Businesses will need to conserve and preserve cash, while making progress on key offerings without having stability issues or application/security outages. Have a future-ready and stable workforce, including a good pipeline of talent from top tier universities, can be potent combination for success. I would also bet big on Rapid evolution of the Metaverse, IOT will become more accessible and mainstream, 5G rollout in developing nations will accelerate innovation and more startups will play in this space, Electric vehicle manufactures will invest a lot more resources on research and patents, Autonomous & ADAS systems will become more cost efficient and will roll out in lower segments as well and with cost a factor for 2023, several products in cloud cost optimization and management will take center stage”. Read more
This industry story features Monish Matthias in CXO Today.