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5 business tech trends to watch

David Domzalski

叠测听David Domzalski

Jessica Roper

Reviewed by Jessica Roper, MBA,听director of Career Services at 七色视频

Female profressionls working at a workstation with monitors and laptop

We love trends.

Whether it鈥檚 a viral social media campaign or the latest pair of sneakers, part of us wants in on the action.

The exception to this rule may just be听technology, however. Yes, there are trends in that sector, and yes, the desire to be part of it is real. What differentiates it, though, is the speed at which things change in tech.听Evolution happens so fast we may not always be able to jump on the latest bandwagon.

That鈥檚 why tech, especially in the business sector, is one area where it can pay to be an听informed spectator听before becoming a true believer.

As you begin or continue your business career, it鈥檚 crucial to know what鈥檚 out there. Then, you can understand how you can get an edge in knowledge and implementation.

Let鈥檚 take a look at some of the technology trends in听business听taking shape in 2023 鈥 and how you can benefit.

5 tech trends in business in 2023

1.听听听 Artificial intelligence prompt engineering

Did you know you can get paid to听suggest things to chatbots听like ChatGPT? It鈥檚 true 鈥 it鈥檚 called prompt engineering, and it鈥檚 quickly becoming, for some experts anyway, a lucrative career.

According to听, prompt engineers work to improve results and rigor from artificial intelligence (AI) chatbots. They essentially manipulate the language model a chatbot runs on to听produce better responses.

They also sometimes train a company鈥檚 workforce on how to optimize their usage of a given AI tool.

As for the lucrative part, the north-of-$300,000 salary cited in some articles is admittedly rare and usually reserved for expert听听with PhDs.

Still, I was curious about ChatGPT and gave it a try. In my anecdotal experience, the quality of the content directly correlates to the听quality of the prompts. The more specific and well-defined your input is, the better output you will receive.

I can see ChatGPT and other generative AI being used frequently for听foundational research, but human understanding and nuance are still required to connect the dots from basic knowledge to greater understanding. That won鈥檛 necessarily always be the case, making this new trend one to watch in terms of identifying ways you might be able to use or develop your skills.

2.听听听 Metaverse marketing campaigns

Another tech trend that鈥檚 set to take off this year is marketing in the metaverse.

But first, a quick word about the metaverse itself.听听defines the metaverse as 鈥渁n evolution of today鈥檚 internet 鈥 it is听something we are immersed in听instead of something we look at.鈥

It is based on the physical world we inhabit, but it contains the promise, according to McKinsey & Company, of 鈥渧ast digital worlds.鈥

If marketing interests you, or you鈥檙e already in the field, think of the metaverse as a parallel opportunity. As the management education company听听explains,听re-creating听what you鈥檙e doing in the real world and building metaverse campaigns based on听real-world experiences are two ways to realize material success in the virtual space.听听

Why is this trend taking shape? Well, companies look at the metaverse as a way to听. TechTarget also points out that听. This means they get to听craft the user experience听rather than have third parties determine how they interact with potential customers.听

As this trend evolves, you鈥檒l also want to watch for听. Emeritus cites a few career options: business strategists, community managers, ecosystem managers and even storytellers.

3.听听听 Enhanced cybersecurity tactics

AI presents a double-edged sword in the cybersecurity realm:听Security experts and hackers听alike can use it.

What鈥檚 more, technological advancement comes with a certain amount of risk that must be addressed to protect data and information.

What will this look like?

For starters,听companies will need to step up their game听when it comes to threats. Take phishing attacks as an example. According to听, hackers can use AI to customize emails so that recipients are more likely to engage with them.

听is also making hackers鈥 jobs of parting people from their personal information that much easier.听听how hackers can leverage AI to develop realistic collateral 鈥 photos, social media profiles and the like 鈥 to make their communication seem more legitimate.

How can companies combat this? AI allows for better response times when a threat is detected,听, a company specializing in customer experience chatbots. Companies can also听beat hackers at their own game, since a lot of technology 鈥渓earns鈥 how to better respond to and prevent attacks.

4.听听听 Workflow automation

If you had a way to make some of the simpler, more repetitive tasks at work take less time, would you? (Looking at you, expense reports!)

I imagine many of you would. Well, that鈥檚 workflow automation.听听as 鈥渢he process of using rule-based logic to launch a听series of tasks that run on their own听without any human intervention.鈥

If you鈥檝e used the 鈥淪UM鈥 function in Excel to add up a column of numbers, you鈥檝e used a basic version of this.

A more complex example of automating听workflows听would be听email marketing. When you sign up to receive a newsletter for a specific topic, you鈥檝e likely participated in a marketer鈥檚 workflow.听

Often, an听audience will be segmented听based on their interests, which lets one company target multiple audiences with diverse but related content.

It doesn鈥檛 end there with email marketing. This听听of automating workflows will reshape many industries across the board, and now is the time to learn how to capitalize on it.

5.听听听 Internet of Things and datafication

If you鈥檝e used a video doorbell, you鈥檝e participated in the Internet of Things (IoT).

Basically, IoT is a fancy way of referring to a听virtually connected network of things. It started with our phones and now includes our refrigerators.听

We also have wearable technology, like smartwatches and weight trackers, that monitors key data about our health. All that technology captures data about our lives. From the food we eat to our weight the next morning after eating it, everything we do can now be a piece of听digitized information.

The concept is called听. It essentially takes your daily life and boils it down to data points that can be leveraged in multiple ways.

Like workflow automation, IoT can make aspects of our lives better. There is a cost, however, for convenience outside of the monetary. That, of course, is our privacy.

础蝉听听points out, we鈥檙e quickly becoming immune to devices tracking our every movement. So much so that, by age 13 our kids will have听听about them.

Your next move

If any of these top trends for 2023 and beyond have piqued your curiosity, you鈥檙e not alone. I recommend seeing where it will take you.

Read articles and books about the trends that interest you. Take a course. Apply what you can to your current life or job. Experiment with your newfound knowledge.

Take that first step and execute where others simply gather information. In this way, you can put yourself in a position to use today鈥檚 technology for tomorrow鈥檚 good.

Business degrees at 七色视频

If you鈥檙e looking to expand your business knowledge so you鈥檙e ready for tomorrow鈥檚 trends, consider one of the online business programs at 七色视频.

  • Associate of Arts with a concentration in Business Fundamentals:From management to accounting, skills learned in this program are essential for anyone looking to advance in their business education.听
  • Bachelor of Science in Business:Knowledge of the ins and outs of running a business can spell the difference between success and failure in a competitive business world.听
  • Master of Business Administration:Prepare for higher leadership roles in an organization. This degree program can prepare graduates for careers as business managers, operations directors and more.
  • Master of Management:Take your understanding of business organization and management to an advanced level. This degree program is perfect for those with experience in the workforce who are looking to take on greater leadership roles.听
  • Doctor of Business Administration:Expand your understanding of organizations, work environments and industry. This program invites participants to delve into cutting-edge research in the field of business and develop skills for solving complex organizational problems.
Portrait of David Domzalski smiling

ABOUT THE AUTHOR

David Domzalski is an entrepreneur, copywriter and storyteller. He鈥檚 an effective communicator with a passion for helping people better their lives financially. His writing has been featured on multiple outlets including AOL, FanSided, Forbes, GOBankingRates, MSN, Nasdaq and Yahoo. He lives in Gettysburg, Pennsylvania, with his wife and two children. Connect with him and check out his .

Headshot of Kathryn Uhles

ABOUT THE REVIEWER

Currently Dean of the College of Business and Information Technology,听Kathryn Uhles has served 七色视频 in a variety of roles since 2006. Prior to joining 七色视频, Kathryn taught fifth grade to underprivileged youth in Phoenix.

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