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The top 15 tech trends to follow (according to #McKinsey)

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I just found an interesting report about the big tech trends of tomorrow, written by McKinsey. They have identified fifteen things to follow, as shown below.

Not sure I would agree with all of them but, for any CIO or investor out there, it could be useful for you to know. You can download their report here. Oh, and here are the fifteen things:

Generative AI

Generative AI describes algorithms (such as ChatGPT) that take unstructured data as input (for example, natural language and images) to create new content, including audio, code, images, text, simulations, and videos. It can automate, augment, and accelerate work by tapping into unstructured mixed-modality data sets to generate new content in various forms.

Applied AI

Applied AI technologies and techniques use models trained through machine learning to solve classification, prediction, and control problems in order to automate activities, add or augment capabilities and offerings, and improve decision making.

Industrializing machine learning

The industrializing machine learning trend encapsulates a rapidly evolving ecosystem of software and hardware solutions that enable the acceleration and derisking of the development, deployment, and maintenance of machine learning solutions.

Next-generation software development

Next-generation software development includes tools and technologies that enable modern code deployment pipelines and automated code generation, testing, refactoring, and translation. These can improve application quality and development processes.

Digital trust and cybersecurity

The digital trust and cybersecurity trend encompasses the technologies behind trust architectures and digital identity, cybersecurity, and Web3. These technologies enable organizations to build, scale, and maintain the trust of stakeholders.

Advanced connectivity

Advanced connectivity covers wireless low-power networks, 5G and 6G cellular, Wi-Fi 6 and 7, low-Earth-orbit satellites, and other telecommunications technologies.

Immersive-reality technologies

Immersive-reality technologies enable real-time interactions in three-dimensional virtual worlds (that could incorporate the actual physical world). A virtual world can range from a fully computer-generated space in virtual reality (VR), to mixed reality (MR), all the way to augmented reality (AR), where computer-generated objects are superimposed on the real world. These technologies leverage spatial computing to interpret physical space (for example, by leveraging sensors and cameras such as in a VR headset to recognize gestures) and simulate the addition of data, objects, and people to the virtual world.

Cloud and edge computing

Cloud and edge computing refers to workloads that are distributed across locations, such as hyperscale remote data centers, regional centers, and local nodes, to optimize for latency, data-transfer costs, adherence to data sovereignty regulations, autonomy over data, security considerations, etcetera.

Quantum technologies

Quantum-based technologies make use of the unique properties of quantum mechanics to execute certain complex calculations exponentially faster than classical computers, secure communication networks, and produce sensors with higher sensitivity levels than their classical counterparts.

Robotics

The future of robotics covers the advancement of robots from handling fixed-purpose and preprogrammed tasks to being capable of adapting to new, real-life inputs with increasing degrees of autonomy and dexterity.

Mobility

Mobility technologies cover autonomous and electric vehicles, urban air mobility, and autonomous-driving, connectivity, electrification, and shared-mobility (ACES) technologies, with the aim to improve the efficiency and sustainability of land and air transportation.

Bioengineering

Bioengineering is the application of engineering principles to biology, utilizing technological advancements to improve health and human performance, transform food value chains, and create innovative offerings.

Space technologies

Space technologies cover satellites, launchers, and habitation technologies that enable innovative space operations and services.

Electrification and renewables

The electrification and renewables trend encompasses the entire energy production, storage, and distribution value chain. Technologies include renewable sources, such as solar and wind power; clean firm-energy sources, such as nuclear and hydrogen, sustainable fuels, and bioenergy; and energy storage and distribution solutions such as long-duration battery systems and smart grids.

Climate technologies beyond electrification and renewables

Climate technologies (beyond electrification and renewables) center on solutions that mitigate the negative effects of resource consumption on the climate, either by removing CO2 from the atmosphere or by producing existing materials and inputs with lower carbon equivalents.

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Chris M Skinner

Chris Skinner is best known as an independent commentator on the financial markets through his blog, TheFinanser.com, as author of the bestselling book Digital Bank, and Chair of the European networking forum the Financial Services Club. He has been voted one of the most influential people in banking by The Financial Brand (as well as one of the best blogs), a FinTech Titan (Next Bank), one of the Fintech Leaders you need to follow (City AM, Deluxe and Jax Finance), as well as one of the Top 40 most influential people in financial technology by the Wall Street Journal's Financial News. To learn more click here...

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