Top 3 Software Trends in 2023 – so far!
Trend 1: Artificial Intelligence (AI) and Machine Learning (ML)
AI and ML have been making waves in the technology industry for some time now, ChatGPT and OpenAI in particular have gained incredible notoriety. However, this is just the tip of the iceberg and just the start of a journey we will see in the upcoming years. For many businesses today, the question is still how to use AI and profit from it. Even though many use cases are still in the conceptual phase or are being tested as prototypes, a bunch of services are already out there supporting daily work tasks, providing guidance or fostering creativity.
AI is anticipated to play a pivotal role in transforming various industries, from healthcare to finance and beyond. In 2023, we can expect AI-powered solutions to become even more sophisticated, enabling businesses to streamline operations, enhance customer experiences, and drive innovation. In 2023, it will be important for companies to engage with AI, which does not necessarily mean building their own AI solutions, but rather making use of available solutions from the market.
AI and ML can help enhance the service by automating processes, improving customer experience, and analyzing data to provide valuable insights. Whether it’s using chatbots to handle customer queries or implementing predictive analytics to anticipate user behavior, AI and ML are definitely worth exploring.
The cidaas ID validator as well as several other features of the cidaas platform utilize AI and Machine Learning as core technology.
Trend 2: Cybersecurity
With the increasing number of cyber threats, cybersecurity is a top priority for all businesses. In particular, the media awareness in recent months have led to an awakening in businesses. According to Hiscox’s Cyber Readiness Report 2022, one in five companies is already on the verge of insolvency after a cyberattack. The impact is wide-ranging, from direct costs to remediate the cyberattack, such as cybersecurity expert support and potential fines, to operational downtime, such as lost revenue or production stops, to reputational damage. Depending on the industry, the size of the company, and especially how the cyberattack is handled, reputational damage can be the end of the company.
The complexity of securing, managing and monitoring the entire IT infrastructure has increased significantly in recent years due to digitization and other developments, such as remote working.
But what does this finally mean for businesses – Investing in robust security measures, such as encryption, a consistent Identity & Access Management including multi-factor authentication, and regular security audits, will not only protect your customers but also build trust and credibility.
Trend 3: Low-Code/No-Code Development Platforms
Coding has long been perceived as a complex skill, but with the rise of low-code and no-code development platforms, anyone can become a creator. These platforms empower individuals and businesses to build software applications without extensive programming knowledge. This not only helps to counter skills shortages, but also reducing the time-to-market and development costs – by leveraging low-code/no-code platforms, you can quickly prototype and iterate your service to meet the ever-changing demands of your business.
In 2023, we can expect the low-code/no-code movement to gain momentum, democratizing software development and fostering innovation. We at cidaas already utilize low-code/no-code platform to make the integration of cidaas with various other platforms and applications as simple and individual as possible. This means that our customers no longer have to rely on rigid plugins but can often create their own integrations that are both quick and easy as well as perfectly tailored to their individual requirements.