December 22, 2023
As the New Year approaches, it is customary to look into the future to discover which technologies will be on everyone’s radar next year and which technological trends are worth paying close attention to.
Here are the top 5 technological trends of 2024:
1. Generative Artificial Intelligence (AI).
AI-based software is garnering increasing attention and enabling professionals in various fields to enhance their work efficiency. For example:
- Accelerating research: AI algorithms expedite the analysis of complex data, uncovering trends and patterns. One such application is in the pharmaceutical industry, where AI is used to generate and optimize protein sequences, expediting drug development. In particular, AI assisted in the development of the antibiotic Galicin.
This process involves testing thousands of compounds, which would take several years to accomplish manually. Researchers trained AI to analyze the molecular structures of compounds and forecast their potential as antibiotics. As a result, after testing 6,000 compounds, the model identified a material that exhibited strong antibacterial activity. - Customer service automation: Voice and chat bots are learning to respond more accurately to customer inquiries and generate personalized offers.
- Business process optimization: AI can be used for data extraction, summarization, and synthetic data generation, increasing employee productivity for information-oriented roles such as marketers, sales specialists, and analysts.
2. Physical Convergence.
One manifestation of this trend is digital twins, which are virtual models of processes or physical objects based on collected data. They are used for monitoring, analysis, and forecasting the development of processes, which can then be applied to the original physical object or process.
Virtual twins find applications in:
- Industrial control and process management.
- Healthcare for creating digital models of organs and tissues, assisting doctors in diagnosis, treatment, and managing medical data.
- Urban planning for territorial development.
In Zurich, a digital twin is used for urban development planning, allowing the public to better understand the city’s spatial development and making urban planning more transparent to the population.
3. Sustainable technologies.
Пreener approaches to conducting business will be on-trend as countries and companies implement solutions to reduce greenhouse gas emissions. Therefore, green cloud computing, which prioritizes energy consumption reduction and emission reduction, as well as applications designed to help live more eco-friendly lifestyles, will continue to evolve and gain popularity.
Google’s “Your Plan, Your Planet” app illustrates users’ environmental impact and provides tips on living more sustainably, such as conserving water and storing food properly. Through tests, it analyzes resource consumption in daily processes. The solution consists of four subsystems: things, food, water, and energy.
4. Cybersecurity.
More than half of companies have been subjected to cyberattacks in the last three years. Hence, cybersecurity tools occupy a prominent place on the list of necessary solutions for every company. Cyberattacks are becoming increasingly sophisticated and creative, driving the development of new solutions, including those incorporating AI, which ensures that cybersecurity remains one of the most prominent IT trends.
5. Quantum Computing.
Quantum computers will perform more computations than classical computers by leveraging entanglement and superposition. In theory, this will enable the execution of complex tasks much faster.
For example, the traveling salesman problem, finding an optimal route for an agent to visit customers or points within a reasonable time frame. It has been proven that solving this problem by brute-forcing all possible paths becomes infeasible even for the most powerful classical computers with 66 visiting points. It is anticipated that a quantum computer will be able to solve this problem within just a few hours. Soon we will discover which technologies will make significant leaps in their development in a year’s time. In the meantime, feel free to explore our projects and case studies in Our Projects section.