Can you believe 2023 is already behind us? What a year for technology it was. AI burst onto the scene, sparking excitement – but also debate and concern – around what powerful generative models might imply for humanity. Meanwhile, remote and hybrid work models transformed tech priorities overnight—suddenly Cloud, Cybersecurity, Edge Computing, and Sustainability rocketed up the agenda.
Now, even as we catch our breath from 2023’s relentless pace of change, the heat is already turning up in 2024. If you thought last year was groundbreaking, wait – the trends poised to unfold in 2024 promise genuine business transformation. From specialized AI models infiltrating industries to software development undergoing automation, the seismic shifts afoot could reshape sectors and disrupt them in unthinkable ways. Intriguing ideas, no doubt, but also reasons for caution. With great power comes great responsibility, so ethical implementation remains vital as we step into this brave new world.
The trends outlined in this report are more than innovations happening in isolation; collectively they form a narrative about the radical technological shifts on the horizon in 2024. And for CXOs and business leaders, interpreting this narrative and its disruptive potential is imperative to stay ahead of the curve.
Consider the staggering market size projections across areas like Industry LLMs (USD 3.5 Bn by 2024, rising at 45% annually over the next five years), Platform Engineering (USD 7 billion in 2024, up 28% yearly over the next five years), and Software 2.0 (USD 4.5 Bn by 2024, up 30% annually over the next five years). It’s no exaggeration to say trillion-dollar industries hang in the balance. Entire business models risk disruption or even obsolescence. On the other hand, first movers could reap outsized rewards by harnessing the next wave early.
That’s why this report is so crucial for technology strategists to decode – it offers an unparalleled assessment of the 10 seminal trend waves set to shape 2024. What’s poised to break through and why? Where could pitfalls emerge? What does responsible adoption entail? And how can organizations navigate the turbulence ahead not just to stay afloat, but to ride the crest of change?
These are all questions business leaders urgently need answers to. Download this report as it distills signal from noise, with actionable intelligence supplemented by hard market data. Think of it as a blueprint for CXOs to future-proof both strategy and execution while outpacing rivals.